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What happens when I sign up under someone on BitMEX?

avatarGianclaudio MattiaccioDec 27, 2021 · 3 years ago6 answers

Can you explain the process and benefits of signing up under someone on BitMEX? How does it work and what advantages does it offer?

What happens when I sign up under someone on BitMEX?

6 answers

  • avatarDec 27, 2021 · 3 years ago
    Signing up under someone on BitMEX, also known as using a referral code, can provide several benefits. When you sign up under someone, both you and the person who referred you can receive certain incentives. These incentives can include reduced trading fees, bonus rewards, or even a percentage of the trading fees generated by the referred user. It's a win-win situation where both parties can benefit from the referral program. By signing up under someone, you can take advantage of these perks and potentially save on trading fees or earn additional rewards.
  • avatarDec 27, 2021 · 3 years ago
    When you sign up under someone on BitMEX, you are essentially becoming their referral. This means that the person who referred you will receive certain benefits based on your trading activity. These benefits can vary depending on the referral program, but they often include a percentage of the trading fees generated by the referred user. As for the person signing up, they may also receive some incentives such as reduced trading fees or bonus rewards. It's a way for BitMEX to incentivize users to refer others and promote the platform.
  • avatarDec 27, 2021 · 3 years ago
    Signing up under someone on BitMEX can be a great way to start your trading journey. By using a referral code, you not only support the person who referred you, but you can also enjoy some advantages. BitMEX offers a referral program where both the referrer and the referred user can benefit. The referrer may receive a percentage of the trading fees generated by the referred user, while the referred user can receive reduced trading fees or bonus rewards. It's a win-win situation that encourages users to refer others and build a community on the platform.
  • avatarDec 27, 2021 · 3 years ago
    When you sign up under someone on BitMEX, you are essentially joining their network. This can have several advantages, such as access to exclusive trading strategies, insights, or even mentorship. Many experienced traders have built their own communities and offer valuable resources to their referrals. By signing up under someone, you can tap into their knowledge and expertise, which can significantly improve your trading skills. It's like having a mentor or a guide who can help you navigate the complexities of cryptocurrency trading.
  • avatarDec 27, 2021 · 3 years ago
    Signing up under someone on BitMEX can be a smart move if you're looking to save on trading fees. Many referral programs offer reduced fees for both the referrer and the referred user. By using a referral code, you can enjoy these discounted rates and potentially save a significant amount of money in the long run. It's a simple and effective way to optimize your trading costs and maximize your profits. Just make sure to choose a reliable and trustworthy person to sign up under.
  • avatarDec 27, 2021 · 3 years ago
    Signing up under someone on BitMEX is a common practice in the cryptocurrency trading community. It's a way for users to support each other and benefit from the referral program offered by BitMEX. By using a referral code, you can contribute to the success of the person who referred you while also enjoying some perks yourself. Whether it's reduced trading fees, bonus rewards, or access to exclusive resources, signing up under someone can enhance your trading experience on BitMEX.