Phemex is a top cryptocurrency exchange worldwide. New users enjoy great perks when they sign up with a promotional code. By using a Phemex referral code, you can access a welcome bonus and signup rewards. These rewards help kickstart your trading journey.
To claim these rewards, just enter the invite code when you sign up. Let’s look at how to make the most of the Phemex referral program.
Table of Contents
What is the Phemex Referral Code?
Crypto Exchange | Phemex |
Referral Code | IHPDI5 |
Sign-up Bonus | Up to $8,800 USDT |
Trading Fee Discount | 30% fee rebate for lifetime |
Welcome Bonus | $50 welcome rewards |
KYC Required | Yes (Mandatory to receive rewards) |
The top Phemex referral code is “IHPDI5.” This code gives you an $8,800 sign-up bonus in USDT and a 30% discount on trading fees. New users can also get a $30 welcome bonus.
To earn these rewards, complete the KYC verification. Then, deposit funds into your account and start trading on the Phemex crypto exchange.
Claim Phemex Welcome Bonus
Phemex attracts new users with various welcome bonuses that reward engagement. Use the referral code “IHPDI5” to get three bonuses: a signup bonus, a deposit bonus, and a trading bonus. Each bonus offers unique benefits. They enhance the trading experience and support new users on the platform.
Referral Bonus Tasks | Rewards and Bonuses (Withdrawable) |
---|---|
Sign-up Bonus | 0.1 – 1,200 USDT |
Deposit Bonus | 0.2 – 1,500 USDT |
Trading Bonus | 0.5 – 2,100 USDT |
Advanced Trading Challenge Tasks | 1 – 4,000 USDT |
Sign-up Bonus (0.1 – 1,200 USDT)
When you sign up on Phemex, you can get a signup bonus of up to 1,200 USDT. This bonus enhances your trading experience. To qualify, you must finish the registration and complete advanced identity verification. This keeps your account secure and meets platform standards. It sets you up for a safe and rewarding trading journey.
Deposit Bonus (0.2 – 1,500 USDT)
Phemex offers a deposit bonus to new users who make their first deposit. The bonus amount varies based on the deposit size, with a maximum reward of 1,500 USDT. This incentive helps users begin their trading journey. It offers extra benefits and enhances their experience on the platform.
Trading Bonus (0.5 – 2,100 USDT)
Phemex rewards users with a trading bonus of up to 2,100 USDT after their first trade. This bonus encourages users to engage actively with the platform. It’s credited right after the initial trade, giving users a helpful boost.
Also, Phemex provides trading bonuses for completing limited-time tasks. New users can earn up to 4,000 USDT by joining these activities. These tasks often involve using the platform’s features or hitting specific trading goals.

How to Enter Phemex Invitation Code “IHPDI5”?
Step 1: Register using the Phemex referral link or code
Start your journey on Phemex by visiting their official website. On the homepage, find the “Register” button at the top-right corner and click it to begin registration. You’ll need to provide your email address and create a strong password. This helps set up and secure your account.
During registration, you’ll see a field labeled “Invitation Code.” Enter the Phemex referral code “IHPDI5.” This code unlocks special benefits for you. You can get a sign-up bonus of up to $8,800 USDT. Plus, you’ll enjoy a lifetime 30% rebate on trading fees.
By entering the referral code, you position yourself to enjoy these valuable bonuses. This ensures a smoother, more rewarding experience as you start trading on Phemex.

Step 2: Complete KYC Verification
After registering on Phemex, the next step is to complete the Know Your Customer (KYC) verification process. This process is vital for security and meeting regulatory standards.
To finish KYC, you must provide personal information and upload documents that verify your identity. Usually, this means submitting a government-issued ID and proof of address. These documents confirm that your account is secure and meets regulations.
After you upload your documents, Phemex will review them. This verification may take a few hours to a couple of days, based on the number of submissions and how accurate your information is.
Completing KYC is crucial to unlock all features on the platform and claim your welcome bonus. This ensures a smooth and secure trading experience.

Step 3: Deposit Crypto and Start Trading
After you finish the verification, the next step is funding your Phemex account. Go to the “Deposit” section on your account dashboard. Select the cryptocurrency you wish to deposit. Then, follow the steps to transfer funds from your external wallet to your Phemex account.
Once your deposit is processed and confirmed, you can start trading. Take a moment to explore the various trading pairs on the platform and begin your first trade. With the 30% fee rebate from the referral code “IHPDI5”, you can lower costs and gain a competitive edge in the market.

Step 4: Receive Phemex Referral Bonus
Once you complete the steps—registration, KYC verification, depositing funds, and meeting Phemex’s trading volume—you can claim your referral bonuses. These include a signup bonus of up to $8,800 USDT and a $50 welcome reward. These bonuses can significantly boost your trading experience.
To access these bonuses, go to the “Rewards Hub” section in your account dashboard. Remember, some conditions may apply. You might face a lock-up period or need to meet minimum trading requirements before you can withdraw the bonuses. These terms encourage users to engage with the platform and protect the rewards program.

Phemex Referral Program and Affiliate Program
Phemex offers two great ways for users to earn by bringing in new traders: the Referral Program and the Affiliate Program.
In the Referral Program, users invite friends with their unique referral code or link. They can earn bonuses based on how much their referrals trade. Users also share in a monthly prize pool of $66,000 and can earn up to $9,000 in commissions. This makes it a great choice for active referrers.
The Affiliate Program provides even more rewards. It’s designed for individuals or organizations that regularly bring in many traders. This program is great for influencers, content creators, and businesses that want to team up with Phemex.

The Phemex Affiliate Program is designed for influencers, content creators, and community leaders. It helps them bring in many new users. This program is different from the standard Referral Program. It offers better rewards and higher earning potential.
Affiliates can earn up to 60% revenue share from the trading fees of their referred users. The commission amount depends on how well the affiliate performs and their deal with Phemex. This rewards those who consistently achieve results.
Phemex supports affiliates with professional marketing materials. They also provide real-time performance tracking tools and dedicated support services. Affiliates also get detailed analytics and reporting features. These tools help track progress. They also improve strategies for better performance.

About Phemex Exchange
Phemex is a cryptocurrency exchange based in Singapore. It was founded by Jack Tao, a former executive at Morgan Stanley. The platform provides many services for crypto traders and investors.
You can trade more than 350 cryptocurrencies, including popular options like Bitcoin, Ethereum, Ripple, and Cardano, along with stablecoins like USDT.
The exchange offers spot and futures contract markets. Spot trading lets users buy and sell cryptocurrencies directly. Contract markets allow for futures trading. Phemex stands out for its leverage choices. It offers up to 5x leverage for margin trading. Additionally, you can get an impressive 100x leverage on contract markets.
Phemex supports several deposit methods to meet user needs. These methods include ACH transfers, credit card payments, and direct cryptocurrency transfers. This variety makes it easy for users to fund their accounts and start trading.
Phemex Trading Fees
Phemex offers competitive rates that benefit its users in various ways:
- Spot Market Fees: Both makers and takers pay a 0.1% fee for spot trades.
- Contract Market Fees: Makers pay just 0.01% and takers 0.06%, making contract trading affordable.
- Deposit Fees: There are no fees for deposits, so funding your account is easy.
- Withdrawal Fees: These fees depend on the cryptocurrency being withdrawn, giving users flexibility.
For more savings, join the Phemex VIP program. Use the invitation code “IHPDI5” during signup to get a 30% trading fee rebate and boost your savings while trading.
Conclusion
In Conclusion Using the Phemex referral code “IHPDI5” is a great chance for new users to boost their trading experience. This code gives access to a sign-up bonus of up to $8,800 USDT and a 30% lifetime discount on trading fees.
To get extra rewards like the $50 welcome bonus, follow these key steps: Complete KYC verification, make your first deposit. and then start trading.
Phemex is a reliable platform known for its low fees, strong security, and a variety of trading options. It’s perfect for both beginners and experienced traders. For more rewards, check out our guides with referral codes for platforms like MEXC and Gate.io.
FAQs on Phemex Sign-Up Bonus
What are Phemex challenge tasks?
Phemex offers challenge tasks for users to earn rewards up to 4,000 USDT in bonuses. These tasks include finishing activities such as advanced trading challenges or hitting trading volume goals. They want to increase user engagement. This also provides a fun way to earn more while exploring the platform’s features.
Is Phemex safe & legit?
Phemex is known as a secure and legitimate cryptocurrency exchange. It has a strong track record with no major security breaches. The exchange has strong safety features. It uses cold wallets that are hierarchical and deterministic to keep user assets safe. Phemex shares public cold wallet addresses. This promotes transparency and helps users verify assets. It also builds trust among users.
While it may not be as big as Binance or Bybit, Phemex has built a solid reputation. Users like its easy interface, low fees, and many trading options. This includes high-leverage derivatives trading. Phemex is a great choice for both new and experienced traders. It offers reliability and efficiency.
Does Phemex offer a free crypto bonus?
Yes, new users can use the Phemex referral code “IHPDI5” when they register. This makes them eligible for exclusive rewards. These include up to $50 in welcome rewards and a sign-up bonus of up to 1,200 USDT. This provides a fantastic boost to start trading on the platform with added benefits.
Can I withdraw the Phemex bonus?
Yes you can withdraw bonuses earned on Phemex. This includes sign-up, deposit, and trading bonuses. You can send these bonuses to your external cryptocurrency wallets. This gives you flexibility and convenience in managing your rewards.
What is PT airdrop on the Phemex platform?
The PT airdrop on Phemex lets users earn Phemex Tokens (PT) for free. To join, users must finish tasks or own certain cryptocurrencies on the platform.
Crypto exchanges often use this airdrop strategy to boost user engagement and draw in new traders. The amount of PT awarded varies based on how much users participate and the airdrop rules.
How do I invite friends on the Phemex exchange?
Invite friends to Phemex by sharing your unique referral code or link. Each successful referral grows your network and earns you exciting rewards.
- Monthly Prize Pool: Grab a piece of the $66,000 prize pool each month.
- Commission Earnings: You can earn up to $9,000 in commissions from trades made by your referrals.
This program helps you promote Phemex while introducing others to the platform.