Getting your feet wet with crypto trading is overwhelming, especially as a beginner trying to understand exchange platforms, trading fees, and signup bonuses. If you just bumped into MEXC and looking to use it as your ideal crypto trading platform, understanding how referral codes work on MEXC will save you thousands of dollars and give you an exceptional advantage from day one.
What is MEXC?
MEXC is a top cryptocurrency exchange that has gained massive popularity in the recent years with both beginner and experienced traders.
The platform was founded in 2018, and offers access to over 2,000 crypto assets, futures trading, spot trading, and other top financial products.
What really sets MEXC apart is its impeccable user-friendly interface, lower fee structure, and its commitment to rewarding new users with unique & valuable incentives as they begin their trading journey.
For most beginners, MEXC offers an easy-to-use intuitive platform that’s also packed with advanced features. Whether you’re looking to buy your first BTC or even explore altcoin trading, MEXC holds the right tools and resources you need to trade confidently, as a beginner.
Understanding MEXC Referral Codes
A referral code is essentially a unique identifier that new users on MEXC can enter during the registration process and have access to exclusive benefits.
When you make user of referral code on MEXC, you’re typically accessing a special promo offer that isn’t accessible to regular MEXC signups.
These special codes are exclusively designed to reward both new users with as much incentive as possible
The essence of referral codes lies in their simplicity. One doesn’t need to jump through hoops or even meet certain complicated requirements.
You only enter the code during sign up, and the special benefits automatically apply to your MEXC account.
Why Referral Codes Matter for Beginners
Beginning your crypto journey with a referral code isn’t just about grabbing some free bonuses; it’s about building a scalable and sustainable trading strategy from the ground up. Here’s why referral codes are specifically important for beginners:
Reduced Trading Costs: Trading fees often eat into your crypto profits remarkably over time. A 50% discount on trading fees means you get to keep more of your crypto earnings on each trade. And for active and high-volume traders, this translates to thousands of dollars saved annually.
Extra Capital to Start: Welcome bonuses rewards new traders additional funds to explore different trading strategies without risking as much of your own capital. This safety net is invaluable when you’re still a beginner-trader.
Long-Term Value: Unlike special, one-time promotions, lifetime fee discounts will continue to be of value to you as long as you keep trading on the platform. The more you trade, the more you get to save.
How to Use a Referral Code on MEXC
Making use of a MEXC referral code is simple. Follow these steps:
- Navigate to the official MEXC website or simply download the MEXC mobile app from on your phone.
- Click on the “Register” button to begin creating your MEXC account.
- Proceed to enter your email address or phone number and create a secure password for maximum security.
- Identify the referral code field during the signup process. This is usually labeled as “Referral Code” or “Invitation Code.”
- Then enter your ideal referral code carefully, and make sure there are no typos or any extra spaces.
- Finish the remaining registration steps, and go on to verify your phone/email.
- Upon verification of your account, your bonuses and fee discounts will then be automatically activated.
Maximizing Your Referral Code Benefits
Activating the referral code bonuses is just the first step. Here’s how to make the most of your benefits:
Complete KYC Verification: Most welcome bonuses require you to finish up the KYC verification process. The process typically involves submitting ID documents and is important for unlocking even higher trading limits bonuses.
Start with Small Trades: You can use your welcome bonuses to practice trading strategies without having to face much risk. This gives you the ability to learn how the platform works while building your trading confidence.
Explore Different Markets: MEXC provides spot trading, futures, and various other financial products. It is ideal to use your initial bonuses to try out different trading styles and find what works best for you.
Take Advantage of Educational Resources: MEXC comes with tutorials, market analysis, and massive educational content base. Take advantage of these resources them with your trading bonuses to improve your learning curve.
Common Mistakes to Avoid
When using a MEXC referral code, beginners can make a couple of common mistakes:
- Not entering the code during registration: It is important to note that referral codes usually cannot be added after you’ve created your account, so make sure to enter it during registration.
- Ignoring terms and conditions: Welcome bonuses are also accompanied with specific requirements. Ensure that you read the terms carefully so as to claim all benefits.
- Overlooking the fee discount: While the welcome bonuses are lucrative, the lifetime fee discount gives you more value in the long run.
Is MEXC Safe for Beginners?
Security is crucial when choosing a crypto exchange platform. MEXC implements industry-standard security measures such as (2FA) authentication, cold wallet storage of user funds, and performs regular security audits.
The crypto platform is registered and 100% compliant with regulations in various jurisdictions, hence offering peace of mind for new traders.
Frequently Asked Questions
Q: Can I use a referral code if I already have a MEXC account?
A: No, the MEXC referral code cannot be applied if you already have an active MEXC account. It can only be added during the registration process.
Q: How long does it take to receive my welcome bonuses?
A: Bonuses are usually credited to your MEXC account immediately after registration and once you’ve completed any required verification steps. There are some bonuses that may require you to complete a first deposit or place a first trade.
Q: Are there any hidden fees or requirements for using a referral code?
A: No, there are absolutely no hidden fees or requirements in order to use a MEXC referral code. It is completely free. However, welcome bonuses could have certain trading volume requirements or special time limits for claiming them. Always ensure to check the specific terms linked with your referral code.
Q: Does the fee discount apply to all types of trades?
A: Most fee discounts apply to spot trading fees. For exclusive details about which trading products your special discount covers, check the terms of your MEXC referral code
Conclusion
Are you ready to begin your crypto trading journey with MEXC? Using the correct referral code can make a huge difference in your trading experience. Use the MEXC referral code mexc-BONUS369, which comes with up to $10,000 in welcome bonuses and a 50% lifetime discount on all trading fees.
Using the combo of bonuses plus the long-term savings makes it one of the most valuable referral codes available for new MEXC users. Whether you intend to trade occasionally or become an active trader, these special benefits help you 10x your profits from the start.
Begin your MEXC crypto journey with mexc-BONUS369 and trade smarter.
Learn more on MEXC referral code>>
Disclaimer:
- The information provided in this post is for informational and educational purposes only and should not be construed as professional financial advice. Always do your own research or consult with a licensed financial advisor before making any investment decisions.
- Cryptocurrency investments are highly volatile and involve significant risk, including the potential loss of all invested capital. Past performance is not indicative of future results. This post does not endorse or promote any specific cryptocurrency, token, or investment strategy.
- This post may contain affiliate links, meaning we may earn a commission at no additional cost to you if you make a purchase or sign up through one of these links. We only recommend products or services we trust and believe in.