The OKX exchange has an ongoing referral program and you can unlock this offer using an OKX referral code upon sign-up.
The exchange offers up to 10000 USDT and two mystery boxes for creating an account. Apart from the welcome offer, there are other benefits that you could enjoy. Keep reading this detailed guide to find out more.
What is the OKX Referral Bonus?
The OKX referral bonus is a program rewarding you for inviting your friends to join the crypto exchange. When a new user signs up using your referral code, you both get the OKX sign-up offer of Mystery Boxes containing crypto or rebate cards. There could be up to $50 worth of crypto per box.
Referrers also get up to 30% of the fee OKX charges on every trade the referred completes. The program has no limit; you can invite as many users as you want. The bonus offer is also extended to the referred user. Those you refer also get a $10 welcome bonus in BTC for creating an account with them, as well as mystery boxes and rebate cards.
To get the bonus, you must share your referral link or OKX code with your family or friends to sign up. They must install the app, create an account, and verify their accounts within 7 days of signing up.
Current OKX Referral Codes
When registering an account, use the referral code “4991494” to qualify for the OKX sign-up promotion. Remember that there can be terms and conditions, so visit the official OKX website for the most recent information and eligibility requirements.
How to Claim the OKX Sign-Up Bonus
The simple steps below will guide you in claiming the offer:
- Install the OKX App: The OKX app is available for Android and iOS devices. To install, go to your respective app store and search for ‘OKX Wallet,’ install the app and open it.
- Tap the Signup Button: Tap the signup button and enter your email address and the bonus code (not compulsory, but you must enter it to claim the signup offer) and solve the puzzle – to continue, a 6-digit pin will be sent to your email address. Enter the verification code sent to your email to proceed.
- Enter Your Phone Number: After verifying your email address, the new page will require you to enter your phone number and complete the puzzle. Once again, a 6-digit code will be sent to your phone. Enter the digits to proceed.
- Select Your Country or Region: Next, after the last step, select your home country from the list of nations, read and agree to the exchange’s terms and conditions, and then press the “Next” button.
- Create Your Password: Enter a secure alphanumeric password to continue. The password should be 8 – 32 characters long and inclusive of a special character.
- Enable Passkeys: If the passkey is enabled, you can log into your account seamlessly with your thumbprint or face. However, you can skip this process because it’s not compulsory.
- Verify Your Account: To qualify for the welcome offer, verify your account within 7 days after creating it. Depending on your country of residence, you can verify your account with government-issued ID cards such as a driver’s license and international passport. Accounts are usually verified within 24 hours.
- Make the Qualifying Trade: To get the offer, you must trade or deposit at least $50 in any supported cryptocurrency in a single transaction in order to be eligible for the bonus.
OKX Bonus Terms & Conditions
The OKX welcome bonus comes with some terms and conditions that must be observed to claim the offer fully. The mystery box containing either crypto or rebate cards must be opened within 30 days after issuance; otherwise, the mystery box expires.
Also, OKX may delay the issuance of the mystery boxes up to 48 hours but you can reach out to them through customer service after those 48 hours have lapsed. Furthermore, OKX has the right to prevent anyone from participating in this promo and suspend, freeze or deactivate accounts they suspect fraudulently claiming mystery boxes without prior notice. Lastly, sub-accounts are excluded from this offer.
What is OKX?
Formerly known as OKEX, OKX is a cryptocurrency spot trading and derivative exchange launched in 2017. It is owned and managed by OK Group and has grown into a leading player in the crypto space, boasting millions of users across over 100 countries.
Primarily, OKX facilitates the buying and selling of various cryptocurrencies. You can trade popular coins like Bitcoin and Ethereum and employ different trading strategies. OKX also offers perpetual swaps and futures contracts, catering to experienced traders seeking advanced risk management tools.
The exchange extends its services beyond simple crypto buy-and-sell options. You can also earn passive income by lending your crypto holdings to borrowers. Stake your assets to support blockchain networks and secure rewards. Utilize the built-in DeFi Swap feature to explore decentralized finance opportunities directly within the platform.
OKX also doubles as a crypto wallet – you can create and use a full crypto wallet supporting over 70 networks, including Bitcoin, Polygon, Omega Network, SUI, Solana, and Tron, in one app. The wallet also features a web3 browser to access decentralized applications.
Why Use OKX for Crypto Trading?
Choosing the right exchange for your activities is paramount in the competitive crypto industry. The following are some reasons you should use OKX for crypto trading.
Web3 Browser
OKX is not just a crypto exchange; it has a web3 browser. This built-in browser acts as your portal to the decentralized web (Web3), where you can interact with DeFi protocols, explore dApps (decentralized applications), and manage your digital assets without relying on intermediaries.
Multiple Trading Options
OKX offers multiple trading options: spot trading, futures contracts, margin trading, perpetual swaps, and NFT Marketplace.
- Spot trading is the basic feature that allows you to buy and sell coins at the current market price.
- Margin Trading on OKX helps you increase your trading interest by borrowing funds from the exchange to trade with leverage, though it comes with some risks.
- Futures trading on OKX allows you to lock in a price for buying or selling cryptocurrencies, providing a way to manage risks and uncertainties in the volatile crypto market.
- Perpetual Swaps are Similar to futures but without expiry dates, offering greater flexibility for managing positions and avoiding settlement costs.
- NFT Marketplace allows you to easily buy and sell different Non-Fungible Tokens (NFTs) from various creators worldwide. It gives you an avenue to contribute to the growing NFT ecosystem.
- Additionally, in an effort to cater to a wider audience of crypto enthusiasts OKX has recently secured a Dubai regulatory license allowing the exchange to offer its crypto services to retail traders in the city.
Friendly User Interface
OKX boasts a very friendly user interface. The mobile app and the desktop version were designed with simplicity in mind. The app is accessible for newbies and seasoned crypto traders to navigate. All buttons are appropriately labelled, and the theme of the app is favorable to human eyes.
Creating a new account on the OKX app is very straightforward – it takes less than 5 minutes to complete the process, including verifying your KYC.
24/7 Customer Service
OKX has multiple customer support options to get fast help. The app and the desktop version of OKX have live chat functionality with 24/7 availability. You can also contact them via email ([email protected]) for more detailed support. Additionally, the exchange has a FAQ page that answers frequently asked questions about its services.
Security
OKX is relatively secure – the exchange prioritizes user security through a multi-layered approach, aiming to create a trusted environment for your crypto assets. They use industry-leading practices like cold storage for most user funds, multi-signature technology for enhanced transaction authorization, and regular security audits by reputable firms.
Additionally, OKX boasts a strong safety track record, never experiencing any major security breaches. They also offer features like two-factor authentication, address whitelisting, and transaction confirmation to empower you with further control over your assets.
OKX Sign-Up Bonus Benefits
The following are the offers you get for creating a new account on OKX or referring your friends to create an account.
- If you refer to your friends and they complete KYC within 7 days, you and your friends will each receive a Mystery Box.
- If your friends make a trade or deposit $50 in a single crypto transaction, you all will receive an additional Mystery Box.
Note that every Mystery Box could contain up to $50 crypto (BTC, ETH, and DOT) and rebate card rewards. You must check the reward center on your account to check and open the Mystery Cards.
References
- CoinDesk.com – OKX Chooses Nomura-Backed Crypto Storage Firm Komainu as Custodian
- Reuters.com – Crypto exchange OKX secures Dubai licence to target retail clients
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Kwame Johnson
EditorBecoming an investor in 2019, Kwame developed a sharp eye for genuinely useful cryptocurrency projects. Gaining an education through trial and error, he was eventually able to contribute his expertise to Crypto News, CryptoSpinners and even pen email campaigns for London Real's Crypto & Defi Academy. His first tokens were XLM, XRP, XTZ & IOTA - first trading before quickly learning long-term investments suited him best. Today, he's come to the belief that price volatility ultimately distracts from the true potential of certain protocols and hides the faults of others. He believes retail investors, particularly those new to the space,…
