Many new users who have just come into contact with the OKX exchange have thought this way. However, when Zhang Ming casually searched for an invitation code during registration, he quickly realized that he had missed out on exclusive benefits and a beginner's gift package. What surprised him even more was that the friend who invited him could earn a commission from his trades for a long time. In the cryptocurrency world, an invitation code is far more than just a simple string of characters; it is both the key to user benefits and an important step in saving trading costs. This article will provide you with a comprehensive understanding of the role, acquisition methods, and filling steps of the OKX invitation code.
OKX cryptocurrency trading platform, register with a special link to enjoy a 20% lifetime commission rebate!
OKX Registration: https://www.okx.com/join/BITCOIN369 (Click the link to register)
Binance Registration: https://www.binance.com/join?ref=BITCOIN369
Domestic registration installation package download: https://96927.cc/
On the OKX registration page, you first need to select your place of residence, which may be similar to your IP address. For example, if you are using a domestic IP address, you should change your residence address to "Domestic," and then click [Create Account].
Check the service terms and click [Agree and Continue]. If you did not operate this step correctly, you can go back, close the app, and start over; make sure not to select the wrong residence address.
Here, you can normally use QQ Mail or 163 Mail to register, and then click on the invitation code section below. Everyone must remember to fill in the invitation code and click [Confirm].
OKX invitation code acquisition tutorial: What is the use of the OKX exchange invitation code and how to fill it in?
Then you will find that using the invitation code 8798090 will allow you to receive a fee reduction. The so-called fee reduction means that you still have to pay the same amount of fees, but they will automatically refund the fees to you every hour. This part must be filled in. If you do not fill it in, all fees will be paid at the original price. Over time, this can lead to significant costs, so saving this part is essential as there are no costs involved.
After registration, how to check your fee standards? First, we click on the nine small dots in the upper left corner of the OKX App.
Then click the arrow on the right side of your personal account.
In the "Profile" option, find [Fee Level].
We look down, and it will give you a particularly complicated table; we only look at two parts. One is the spot trading fee, and the other is the contract trading fee. When we look, we only look at the lowest level of the spot, where the lowest level spot trading fee is 8/10000 for limit orders and 1/1000 for market orders.
A limit order means you place an order in advance and wait for the price to reach your desired position before executing the trade. It is equivalent to you making a quote first, and others come to trade with you. For example, if the current price of Bitcoin is over 80,000, and you want to wait until Bitcoin drops to 50,000, you place a buy order for one Bitcoin at 50,000. Once you execute the trade, that is a limit order execution, and the fee will be charged at 8/10000.
A market order is easier to understand; if you currently hold Bitcoin and want to sell it immediately, you are performing a selling action. Your counterparty is someone who has placed a buy order; you are selling your goods to them, and you are taking their already placed order, which is called a market order fee.
There is no minimum consumption fee for Bitcoin trading, unlike A-shares, which require a minimum of 5 yuan. No matter how much you trade, you will be charged a minimum of 5 yuan in fees. Unlike A-shares, Bitcoin charges based on how much you consume; if you trade for 10 yuan, it will charge you 10 yuan at a fee rate of 1/1000, and it is charged in both directions; you will be charged for both buying and selling.
Next is the contract trading fee, and we still look at the lowest tier. The limit order execution fee is 2/10000, and the market order fee is 5/10000. Now we need to calculate a more detailed account, which many people find confusing.
The contract trading fee for limit orders is 2/10000, and for market orders, it is 5/10000, so this raises the question of how to calculate the contract trading fee? When calculating the contract trading fee, you need to multiply by the leverage factor. For example, if you have 1000 USDT and you open a 5x leverage, you multiply by 5 and then by the fee rate. If it is a market order, write 5 per ten thousand; if it is a limit order, write 2 per ten thousand. Ultimately, you can derive a value; let's calculate:
1000 USDT × 5 × 0.0005 = 2.5 (fee)
When you have the cashback, it will automatically return the respective fees for spot and contract trading every hour, completely automatically and permanently.
Core Function of the OKX Invitation Code
The most core benefit. New users who register with a valid invitation code can usually enjoy a fee reduction for spot and contract trading for a certain period (e.g., 30 days) after completing the corresponding verification (the specific discount rate may vary due to activity adjustments).
After registering and completing identity verification (KYC), new users have the opportunity to draw blind boxes containing different valued cryptocurrencies (such as BTC, ETH, OKB, etc.).
Some limited-time new user activities (such as deposit rewards, specific trading pairs with no fees, etc.) may require registration through a valid invitation code to participate.
Driving force of the platform ecosystem: Attracting real users with potential trading needs through the natural spread of user social chains. Part of the marketing costs is directly rewarded to promoting users in the form of rebates, which is more efficient. The rebate mechanism incentivizes the inviter to retain and continue trading while also providing initial discounts for new users.
Core Function of the OKX Invitation Code
Answers to OKX Invitation Code Questions
Is the invitation code the same as the referrer ID?
Yes. In the context of OKX, "invitation code," "referral code," and "rebate ID" usually refer to the same thing, which is a string of numerical tags used to establish an invitation relationship.
Is it safe to register using an invitation code? Will it leak my information?
Filling in the invitation code on the official OKX registration page is a safe operation and will not directly lead to the leakage of your password or asset information. The inviter can only see that you successfully registered through their link and see the rebate amount generated by you (i.e., a portion of the fees you paid) but cannot see your specific trading details, positions, or account balance.
Can the inviter see the money and transaction records in my account?
Absolutely not. The inviter can only see the rebate amount generated by you as the invitee in their rebate records (i.e., the fees you paid and the rebate ratio) and cannot view any specific transaction details, asset balances, or personal information (except for the registered phone number/email) etc. Your account security and personal information are strictly protected.
Will my trading fees increase if I fill in the invitation code?
No! On the contrary, new users who successfully fill in a valid invitation code and complete KYC will enjoy a discount on trading fees within a specified period. The inviter's rebate is a portion of the fees collected by the platform from you, which does not increase your fee costs. Your net fee expenditure is reduced.
Summary
A string of invitation codes from OKX is far more than just a routine step in the registration process. It is both the key to unlocking the beginner's benefit package and a tool for long-term reduction of trading costs and access to community resources. Through this tutorial, you have mastered the acquisition, filling, and usage skills of the invitation code. The next step is to practice operations using OKX's simulated trading feature to gradually accumulate experience.