OKX 20% Fee Discount Code... How to Check So You Don't Get Fooled by Fake Discount Rates

Hello, this is Bitpunk. Today I'll walk you through how to get a 20% fee discount by entering the referral discount code bitpunk when you sign up for the OKX exchange.

I'll also show you how to check for yourself that this referral code is legitimate and that the 20% fee discount is actually applied.

Unfortunately, many websites and blogs don't provide a proper discount code. Some even claim their code gives the maximum rate when the fee discount and payback rate is actually just 0%. Check out how to verify it accurately right now so you don't get fooled!

What is the OKX fee discount code?

To get the maximum fee discount on the OKX exchange, enter the referral code below. Or, click the shortcut link to sign up for OKX, and the referral code with the 20% fee discount will be entered automatically.

• OKX fee discount code (20%): bitpunk
• Go via link: https://www.okx.com/join/bitpunk

You can only enter a referral code once, at sign-up, so it's important to enter the correct code from the start. An OKX referral code cannot be entered or changed later.

How do you check the 20% fee discount?

So, has the 20% fee discount really been applied? Let's check it ourselves. Click the arrow to the right of the OKX Referral code field once. The referral code you entered and its discount rate will then be displayed.

At this point, make sure that the same code and message appear as in the screenshot above. Do you see bitpunk in the referral code field, with the message "Your commision kickback rate: 20%" below it? If so, the maximum discount has been applied correctly.

How do you check the fee discount rate yourself?

Unfortunately, most of the OKX referral codes that appear at the top of Google search results are '0%' codes, where no fee discount (kickback rate) message appears at all.

In other words, even if a user signs up with that code, they get no fee discount at all. The image below is an example of an OKX referral code with no discount whatsoever.

In many other cases, the commission kickback rate is only 10% or 5% rather than the maximum. Here's an example where a 10% fee discount is applied.

Can you see the difference now? Next is an example of a code that gives a 20% fee discount. To get the maximum benefit when signing up for OKX, be sure to check the referral code and the 'Your commission kickback rate' shown below it.

To sum up, before signing up for the OKX exchange, always double-check the referral code entered and its discount rate! Don't just take "maximum fee discount" claims at face value. It's best to see it with your own eyes.

And what if no message appears at all? Then it's an OKX referral code with no fee discount whatsoever. Be careful never to sign up with that code.

What are the fees with the OKX fee discount?

The OKX exchange's base fees are 0.1% for spot and 0.05% for futures. Fees differ depending on whether you're a maker or a taker, which depends on your order type. Here is the final fee table with the 20% referral discount applied.

For example, if you trade KRW 100 million on spot, the base fee would be KRW 100,000. But with the 20% referral discount, you save KRW 20,000 and pay KRW 80,000 in fees.

In other words, a trader who trades KRW 100 million a day can save KRW 20,000 a day, or about KRW 600,000 a month, by entering the OKX maximum discount referral code.

How do you change your OKX referral?

The OKX exchange referral code can only be entered once at sign-up and cannot be changed later. That's why it's important to enter a proper maximum discount code when you first sign up.

So what can you do if you previously entered the wrong referral code or didn't enter one at all? The only way, inconvenient as it may be, is to close your existing account and create a new OKX account.

Wrapping up

That wraps up the OKX referral maximum discount code bitpunk, the 20% fee benefit, and how to close your account and create a new one in order to change your referral code. Thank you.