FTX Referral Program is a perfect affiliate solution using which you can easily make a trusted passive income. A one-time successful referral will earn you a lifetime of easy earnings from the trades of the respective invited person. Further, to allure the referrals, FTX provides a 5% fee discount for the invited referrals, which you can use to encourage more people to join the platform. This is a win-win situation for both parties, and you can easily promote your friends and others to benefit from the FTX Affiliate Program. So, as a new user, instead of joining the FTX Exchange directly, do use our below given FTX Referral Code during sign-up or registration.
Launched in 2019, FTX Exchange is a cryptocurrency derivatives exchange where you can trade cryptocurrency tokens or futures indices. It is backed by Alameda Research, a crypto quant trading firm that is a huge name and ensures trust in FTX. Further, Binance and other major brands have already partnered and invested in FTX and its FTT coin.
So, scroll below to know in detail about the FTX Refer & Earn Program and External Referral Programs.
FTX Referral Code: JKCRYPTO
|Referral Link||Click Here|
|Referral Commission (For the Inviter)||30%|
|Referral Discount (For the Invited)||5%|
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FTX Referral Program Detailed Explanation
The FTX Refer and Earn Program have two aspects – one which benefits the referrer and the other that benefits the newly joined referrals. The implementation is straightforward wherein a regular user invites his/her friend or any new user to the platform using a unique FTX Affiliate Link or referral code. Both the parties will earn some kind of benefit from the program, on successful execution.
So, let’s break it down!
Important Details You Need to Know!
The necessary procedure remains the same as is with every referral program detailed on JKCRYPTO.COM. But there are some specific details that you need to know to properly benefit from the FTX Referral Program. So, Read below to know more:
- FTX Referral commission (for regular old users)
Whenever a new user signs up successfully using any FTX refer code or link, you will get 30% from the trading fees that they pay during each trade they make.
- FTX Kickback Commission (for new users)
Any new user who uses a referral code/link to sign up on FTX will get a 5% discount on their trades for the rest of his/her existence on FTX. Remember, this discount is not applicable if you sign up generally without using a referral code/link.
- Important but Obvious
Referral Links/Codes can only be applied during registration and not after that. Post sign up, there will be no such option. Also, the Referral link to register applies the referral code automatically, and you do not need to enter it manually.
FTX members who are VIPs won’t generate any referral commissions, which means you cannot earn 30% of the trading fees of trades made by VIP members. But VIPs themselves can earn commissions by referring to other new users.
If you somehow refer more than $25m of volume monthly, then you can contact FTX to reconsider the terms of FTX Referral Fees. This is very similar to Binance and other exchanges where you can only become an affiliate after reaching a threshold. This enables you to earn a slightly higher percentage.
The Referral commissions earned yesterday are calculated and paid out today at 00:05 (UTC). This cycle is repeated each day.
- Lastly, Disclaimer
As with every other referral program, FTX also reserves the right to make changes to the terms and conditions of this program.
How to register on FTX? (using our Referral Code)
- Go to the FTX Sign Up Page Here.
- Enter your Email.
- Set the desired Password.
- The FTX Referral Code is pre-applied, as shown below.
- Tick the “I agree to the FTX Terms of Service” Box.
- Now Click on the “Click to Verify” Button.
- Complete the animation.
- You have successfully registered on FTX and can now enjoy the 5% discount on trading fees.
Where to find your FTX Referral Code?
- Click on your Account Name (usually your email) on the top right corner.
- A drop down menu appears.
- Click on the “Referrals” option.
- Your Referral Dashboard Page appears.
- You can find our Referral Code/links and customization options along with Earned Rebates on this page.
Note: Your referral code is usually the last digits number or text beyond the “=” sign on the Referral Link. In the below case, JKCRYPTO is the FTX Referral Code.
FTX Custom Referral Links
This is outright one of my favorite features of the FTX Referral Program. I believe other referral programs from other exchanges should also follow suit. Please, allow the users to create custom referral links. Custom referral links have some advantages over the default affiliate links like better personalization, an opportunity to market your brand, and YES, they are not dull.
- FTX Exchange allows the user to create five different custom referral links.
- All the referral links work similarly to the standard link. Only the words change, not benefits.
Go to the Referral Dashboard Page by following the above steps. There you can find the box to create a “New Custom Referral code”. As soon as you create it, a new custom referral link will also be generated which you can use to invite new users.
FTX External Referral Programs
On FTX, You can also build your own External Referral Program to carry out trades on other’s behalf and share a fraction of the fees generated by the trades, as mentioned above. This is a very new thing and proof of the very innovative nature of the FTX Exchange.
The payouts will again be in line with the regular referral program i.e., 30% of the total fees generated by the trades made using the keys associated with your particular program. You will receive daily payments, as is the case with the regular FTX Referral Program.
So, here’s how you can execute the FTX External Referral Programs:
Step 1: Creation and Registration
Although you can manually provide such a service, the program is mainly intended for bot trading services. You can use a trading bot to trade on other’s behalf and earn the fees generated as per the regular referral program.
- Firstly, decide a name for your program and agree on one.
- Be ready with the login email of the FTX Account in which you want your FTX referral commissions to be accumulated.
- Lastly, contact the FTX Support and give them the info, as mentioned above.
Step 2: Key Collection
Now, the users that will join you need to create FTX API Keys for the specified program and provide them to you. These External API Keys are by default Trading-enabled, but not withdrawal enabled.
Users that want to join can create FTX API Keys on this Link: Click Here!
Step 3: Key Verification
Finally, you need to verify if each pair of keys provided to you by the users have been successfully associated with the program or not. This is where the real tech-savvy step comes in.
To do this query, the ftx.com/api/api_key_status endpoint.
This is how a successful transaction looks like:
In case an error occurs due to one or another reason, you can try troubleshooting by submitting an external referral program argument to the POST API/orders endpoint. This will associate the keys with your program like it should happen normally.
Done! Now you can start trading and reap the benefits of the FTX External Referral Programs i.e., 30% of the trading fees charged for every trade.
FTX Referral Program : FAQ
30% of the trading fee per trade.
5% discount on trading fees.
On FTX help FAQ, no such limit has been mentioned. As of today, you can invite and earn an infinite number of referrals as well as commissions.
Again, no time limit has been mentioned on the official terms and conditions. So, sign up via our referral link/code and enjoy a lifetime discount of 5% on every trade of yours.
Headquartered in Hong Kong and owned by FTX Trading Limited, the latter is a company incorporated in Antigua and Barbuda.
It is backed by Alameda Research and partner with various biggies like Binance, Bitfinex, etc. FTX is definitely safe and trustworthy. In its short life, it has not yet been hacked, and we hope this remains the same.
No, not until you wish to withdraw more than 1000 USD. To withdraw more than that, you need to provide basic verification.
Besides the usual spot, margin, futures, etc. on FTX, you can also do new unique indices trading, OTC Trading, etc. which makes the platform a desirable option. It’s a new exchange yet, FTT has always led the way in setting milestones for features like a referral program, leveraged token, trading fees, withdrawal fees, etc. All the old players are following suit.
This innovative nature and a determination to keep the traders engaged via new competitions, exciting new features, etc. have made FTX a hotbed for enthusiastic traders. They are always looking for a unique aspect to place a bet on. Below listed are some features of the FTX Exchange that are the ingredients of its recipe for popularity.
FTX Exchange : Features Overview
- The order book is very liquid, and there are good volumes in futures.
- Leverage tokens & volatility trading products.
- No KYC up to $1000 withdrawal.
- Accessible to Trade Platform.
- FTT has been listed on BitMax, Binance, CoinEx, Huobi and Bitfinex, WazirX, etc., and vice versa. This is a part of the partnership that it has with major exchanges.
- Using the FTT Token will provide socialized gains from insurance funds on FTX, discounts on OTC, and trading fees, and further, you can get loans on keeping FTT collateral.
So, Join the FTX platform via the website or FTX App and do use our FTX Referral Link or Referral Code during sign up to get 5% off your fees back as a bonus. As is with every crypto platform, Keep Trading, The Risk and Reward is all yours.