Ready to start your cryptocurrency trading journey with a leading exchange? This guide explains the benefits of using a Bitfinex referral code when you register.
You can unlock exclusive signup bonuses and welcome rewards. These perks can boost your trading experience. We’ll also look at ways to increase your earnings, including staking and other creative options.
Table of Contents
What is a Bitfinex Referral Code?
| Crypto Exchange | Bitfinex |
| Referral Code | ApvPFbNg0 |
| Trading Fee Discount | Up to 10% |
| USDT Signup Bonus | No |
| KYC Required | Yes (Identification is mandatory) |
Unlock a 10% discount on trading fees for spot and futures contracts. Use the Bitfinex referral code “ApvPFbNg0.” Unlike Bybit or Bitget, Bitfinex does not offer a USDT signup bonus. To claim the welcome bonus with this code, all new users must complete KYC verification.
How to Use the Bitfinex Referral Code?
Step 1: Create an account on Bitfinex using a referral code or link
- Visit the Bitfinex Website Open your web browser and go to the Bitfinex website. You can also use a direct referral link for faster access.
- Begin Signup Find the “Sign Up” button on the homepage. Click it to start creating your account.
- Enter Essential Details Fill in your email address, create a strong password, and add any other required details. This is important for your account’s security.
- Input Referral Code During registration, look for the “Referral Code” field. Enter the code: ApvPFbNg0. This links your account to the referral program and may unlock trading fee discounts.
- Finish your registration by accepting Bitfinex’s terms of service. Then, complete any other setup steps needed on the platform.
Step 2: Complete KYC Verification
- Locate the KYC Section Click the profile icon to access your account settings. Then, find and select the “Verification” section.
- Start Verification Choose the KYC verification option to begin. Gather your identification documents, like a passport, driver’s license, or government ID.
- Upload Required Documents Follow the on-screen prompts to upload clear and valid copies of your documents. Make sure the information is accurate and current.
KYC is mandatory to claim the Bitfinex referral code benefits for new users.
Step 3: Deposit and Start Trading to Claim Referral Rewards
- Deposit Funds After you complete your KYC verification, you can add funds to your Bitfinex account. You can deposit cryptocurrencies, fiat currencies, bank transfers, credit/debit cards, and wallets.
- Begin Crypto Trading You can buy, sell, or trade cryptocurrencies on the Bitfinex platform. Each trade can help you unlock the referral bonus or get a trading fee discount with the code “ApvPFbNg0.”
- Monitor Referral Progress Check your account dashboard or the referral program section on Bitfinex to track your progress. Review the platform’s terms for details about the referral bonus and trading fee discounts.
Bitfinex Affiliate Program
Boost Your Earnings by joining the Bitfinex Affiliate Program. You can earn commissions by referring others.This program is unique. It lets affiliates earn from three levels of connections.
- First-Level Referrals: Get an 18% commission on trading fees from direct referrals.
- Second-Level Referrals: Earn a 6% commission from your second-level referrals.
- Third-Level Referrals: Add a 2% commission from third-level referrals.
Affiliates can find all terms, conditions, and requirements in the Bitfinex Affiliate Center. This resource helps users understand the program better.
Enhanced Earnings Opportunities:
- Verification Multiplier Program: If your account is verified to the Basic Plus level, you get a 1.2x earnings boost. This multiplier works for direct commissions and referral contributions. So, the total multiplier is 1.44x.
- UNUS SED LEO Multiplier: Affiliates holding LEO tokens for over 30 days can earn extra multipliers:
- 1.1x for 5,000 USDT worth of LEO.
- 1.5x for 50,000 USDT or more.
These incentives offer excellent ways to increase earnings. The Bitfinex Affiliate Program is great for anyone who wants to boost their referral network.
About Bitfinex Crypto Exchange
Bitfinex, started in 2012, is based in the British Virgin Islands. It is a top platform for trading digital currencies. It has many choices, like spot trading, margin trading, and margin funding (also known as P2P lending). You can also trade in OTC markets and explore derivatives trading.
Users can select from over 170 cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP). The platform also accepts multiple fiat currencies like USD, EUR, GBP, and JPY.
Known for its user-friendly interface, Bitfinex is great for beginners. It provides a mobile app for Android and iOS, allowing easy trading on the go. Users can deposit funds using either cryptocurrencies or fiat currencies. Depositing cryptocurrencies is free, but wire transfers carry a 0.1% fee, with a minimum charge of 60 USD or EUR.
Bitfinex Staking: Deposit & Earn Passive Income
You can earn a referral signup bonus with the Bitfinex referral code. You can also generate passive income through the platform’s staking program. Bitfinex lets users earn rewards by holding certain digital tokens in their accounts.
The staking process is simple. The platform calculates rewards weekly based on your token balance. These rewards are credited directly to your account. Participants can earn up to 7% APR on eligible tokens. This makes staking a great way to boost your earnings while holding cryptocurrencies.
Bitfinex Trading Fees
| Type of Transaction | Fees or Charges |
|---|---|
| Trading Fee | Maker: 0-0.1% Taker: 0.055-0.2% |
| Deposit Fees | Wire: 0.1% (min 60 USD/Euro) Cryptocurrency: None |
| Withdrawal Fees | Wire: 0.1% Express bank wire: 1% (min 60 USD/Euro) Cryptocurrency: Gas fees vary |
| Other Fees | Various daily margin trading interest rates |
Here is the complete Bitfinex fee information.
Conclusion
The Bitfinex referral code ApvPFbNg0 offers great benefits for traders. You can enjoy up to a 10% discount on trading fees. This is a fantastic way to reduce costs and increase profits on a top cryptocurrency exchange.
While Bitfinex does not have a USDT signup bonus now, the trading fee discount makes this code valuable. If you’re looking for USDT or Bitcoin bonuses, check out MEXC and Phemex. They have referral codes that are worth considering.
FAQs about Bitfinex Discount Code
How to earn without trading on Bitfinex?
You can earn rewards on Bitfinex without trading through three main methods:
- Margin Funding: Lend your digital assets to traders who need funds. You earn interest on the loaned assets. This way, you generate passive income without trading yourself.
- Referral Rewards: Share the Bitfinex referral code “ApvPFbNg0” to invite friends. You earn a share of their trading fees and activities. The more users you refer, the more you can earn passively.
- Staking: Hold eligible cryptocurrencies on Bitfinex to join the staking program. You earn rewards just for keeping specific tokens in your account. With returns up to 7% APR, staking is a strong option for passive income.
Does Bitfinex offer a free USDT Signup Bonus?
No, Bitfinex does not provide free USDT or Bitcoin signup bonuses. Instead, it offers a 10% trading fee rebate when you sign up using the referral code “ApvPFbNg0”.
Is Bitfinex Safe & Legit?
Founded in 2012, Bitfinex has faced many challenges. The exchange has endured several cyberattacks, including a major one in 2016. During this incident, 120,000 Bitcoin were stolen. This was the second-largest cryptocurrency heist ever. Despite this setback, Bitfinex reimbursed affected users and is still trying to recover the stolen funds.
The platform has also dealt with significant regulatory issues. In 2017, Wells Fargo froze its bank accounts. Then, in 2018, the New York Attorney General began an investigation into Bitfinex.
Bitfinex’s connection to iFinex and issues around the stablecoin USDT have raised concerns. The exchange has faced lawsuits about USDT’s backing and has had independent audits. One audit for its LEO tokens was done by Callisto Network Security.
Despite these difficulties, Bitfinex is still operating. The exchange is focused on improving its security infrastructure to regain user trust.
Does Bitfinex Offer Bug Bounty Program Rewards?
Yes, Bitfinex has a bug bounty program. It encourages security researchers to report vulnerabilities responsibly. Rewards reach up to $10,000 based on the severity of the issues found.
What is the new user bonus on Bitfinex?
Bitfinex offers a 10% trading fee discount. To get it, users must register with the referral code “ApvPFbNg0” when signing up for an account.
Is Bitfinex good for beginners?
Bitfinex may not be the best choice for beginners in cryptocurrency trading.
First, its interface and advanced features suit experienced users. This can make it hard for newcomers to navigate. Also, Bitfinex mainly serves users who already own cryptocurrencies. It has fewer fiat deposit options than exchanges made for beginners.
Another issue is Bitfinex’s regulatory history. Past challenges may put off users looking for a simpler trading experience.
For beginner-friendly options, consider Bitget or KuCoin. They focus on new users and offer attractive signup bonuses of up to $1,000 USDT.
