Margex, a popular crypto futures exchange, launched a new trading promotion that can be used to offset platform trading fees. Using the promo code “MARGEXBONUS,” users can activate the 20% Margex deposit bonus to boost their trading potential.
This latest Margex trading bonus requires a minimum deposit of $100, meaning traders who utilize the promo will receive at least $20 in bonus funds. Continue reading for more details regarding this generous offer.
How Do I Claim the Margex Deposit Bonus?
Follow these steps to claim the 20% deposit bonus with the Margex promo code:
- Create a Margex account: Visit Margex and click ‘Sign Up.’ Fill out your email address and a secure password to register on the platform.
- Deposit at least $100: Go to your wallet page and click ‘Deposit.’ Select a token and transfer at least $100 worth of crypto to your account through the provided wallet address.
- Enter the promo code: Return to your wallet page and click ‘Promo Code.’ Enter “MARGEXBONUS” and click ‘Confirm’ to activate the Margex deposit bonus.
- Trade and get reimbursed: The Margex bonus offsets trading and funding fees, so users must open and close a position to claim it.
Extra Bonuses on Margex
In addition to the 20% deposit bonus, we highlight the other Margex crypto trading bonuses and their benefits.
$50 Sign-Up Bonus
The Margex sign-up bonus welcomes new traders with a $50 bonus. The offering aims to provide first-time users with a cost-effective opportunity to test the crypto perpetual futures platform. The bonus is automatically credited to the new user’s account upon registration.
First Deposit Bonus
Margex users who deposit for the first time get a $50 bonus, incentivizing new traders to add crypto funds to their accounts. They can deposit by transferring cryptocurrencies from a wallet to their Margex wallet account or use a bank card through Margex’s integration with the Changelly and ChangeNow onramping solutions.
Trading Fee Discounts
Up to 50% of trading and funding fees will be reimbursed from users’ bonus accounts, which collect all Margex bonuses. A trading fee is charged for any trading position executed on the market: 0.016% Taker Fee and 0.019% Maker Fee.
The funding or financing fee can be found on the trading interface and is incurred once a position enters a new 8-hour funding window. Actual funding fees may vary, but they’re typically 0.12% for long and short positions.
How Do Margex Bonuses Work?
Users receive Margex bonuses based on their participation in the platform’s campaigns, events, and special offers. Once received, bonus funds are credited to the user’s bonus account, which can be found on the wallet page.
As mentioned earlier, Margex bonus funds can be used to offset trading-related costs. In particular, up to 50% of fees will be reimbursed from the bonus balance. When applied, bonuses are automatically converted into the coin used as collateral for the trading position involved.
Key Benefits of Trading With Margex
Established in 2019, Margex is a leading crypto futures trading platform that supports over 55 tokens and 50 perpetual token pairs. Here are the key features of the exchange based on our Margex review:
- User-friendly interface: Margex has optimized its interface and backend processes to provide a seamless trading experience for users. Traders can easily find a token to buy or sell and set trading parameters in seconds.
- Advanced trading tools: As one of the top crypto futures trading platforms, Margex offers up to 100x leverage and both cross and isolated margin order types. Additionally, users can take advantage of advanced trading indicators such as RSI, MA, and VWAP.
- Security and reliability: Margex offers top-tier security for its trading platform and users’ funds. Specifically, crypto holdings are stored offline in multi-signature wallets with an extra security layer and use more than one private key. Additionally, the exchange’s deep liquidity ensures trading remains efficient and reliable.
Does Margex Offer Affiliate & Referral Bonuses?
In addition to staking and copy trading, Margex’s affiliate program is another way users can earn passive income on the platform. Margex users receive a referral link, which they can use to develop an affiliate network and get 40% of the trading fees paid by successfully referred users.
Referral payouts are processed daily and can be managed on the dedicated referrals dashboard. These rewards are credited to the user’s Margex BTC wallet account balance.
Final Thoughts – Should You Trade Cryptos With Margex
Margex offers some of the most competitive promos to help traders maximize their returns. The first-time deposit and sign up bonuses help offset up to 50% of the trading fees on the exchange.
Use the promo code “MARGEXBONUS” to activate the 20% Margex deposit bonus to boost your trades. Sign up for Margex and claim your trading bonus now!
References
- Perpetual Futures: What They Are and How They Work (Investopedia)
- Crypto on-ramps and off-ramps, explained (Cointelegraph)
- Bonuses | Margex (Margex)
- What Is a Multisig Wallet? (CoinDesk)
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