Information offered for determining the risk-weighted exposure measure:
CoinEx, a popular cryptocurrency exchange, has introduced a referral program that benefits both existing users and newcomers. The program allows users to invite friends to register and trade on CoinEx, and both parties can share up to 40% of the trading fees as rewards.
To start, users can register or log in to CoinEx to obtain an exclusive referral link or code. They can generate up to 19 different referral links, making it easy to share with multiple friends. When these friends register using the provided link or code, both the referrer and the new user can earn rewards.
For every transaction completed by the referred friends, both parties share up to a 40% rebate of the trading fees. This rebate is paid in CET tokens and credited to the referrer’s account, usually the next day. Rewards can be earned for up to a year, but self-referrals via multiple accounts are prohibited; if detected, rewards are canceled.
New users who register with a referral code typically receive welcome bonuses, exclusive offers, and lower trading fees, thus reducing their trading costs and improving their entry experience on the platform. Additionally, referrers can upgrade their VIP levels to unlock additional privileges and earn more referral rewards.
CoinEx offers various trading options, including spot trading, futures trading with up to 100x leverage, margin trading, and automated market maker (AMM) services. The platform also employs cold storage systems, multi-signature protocols, real-time monitoring, and strict whitelisting to protect assets. Customer support is available 24/7 through email, tickets, and a help center.
One of the best referral codes currently available is "bq5ea", offering new users a $100 welcome bonus and a 20% trading fee discount. To use this code, create a CoinEx account, deposit funds, and complete at least one trade to qualify for the new user bonus. Users can check for their $100 new user bonus and 20% fee discount after trading.
CoinEx maintains a 100% reserve ratio, verified through the Merkle Tree audit method. Identity verification is needed for higher withdrawal limits if required later, but new users can get a $100 bonus and a 20% trading fee discount without needing KYC. The exchange also provides deposit bonuses like 20% cashback for depositing certain cryptocurrencies.
Strategic trading tools like copy trading and auto-invest plans are available on the platform. Deposit requirements for some promotions are $50 worth of crypto, and no KYC is required for basic trading or claiming the referral bonus. CoinEx supports over 1,200 cryptocurrencies, including BTC, ETH, DOGE, and XRP.
In summary, the CoinEx referral program offers a mutually beneficial incentive structure. Referrers benefit from ongoing trading fee rebates, while new users receive bonuses and fee discounts that help reduce their initial trading costs. The program is easy to use and offers significant rewards for both parties, making it an attractive proposition for users of the CoinEx platform.
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