If you are someone who trades more than a once every day and is looking for ways to get cash back, then you’ve come to the right place. In this guide, we’re going to explain the best way to earn cash back on your trading activities with OKX crypto exchange. You will also learn about the benefits of joining OKX through Bincoti.
How to Register on OKX to Claim 45% Cashback
Your first step will be to register yourself on OKX. To get started, simply click and follow below steps.
- You can register using either your email address or mobile number. For this example, we’ll use an email address. Just enter your email address and click on the sign up button.
- Afterwards, you will get OTP on your email address. Just copy and paste it in the desired field.
- The next step is to choose your country.
- The final step is to ensure that you have set a strong password.
Now you have successfully registered on OKX. By registering through Bincoti, you’ll receive an incredible 45% cashback on trading fees. It’s a deal you won’t find anywhere else!
Verification of Your Account
Now is the time to get verified on OKX and start your crypto journey. KYC (Know Your Customer) requirement is essential to complete your account and to start trading. You will need your government ID, Driving License or Passport, and a photo. There is no need to worry as the process is super easy and quick on OKX.
Make Your First Deposit
After completing the registration and verification process, you can begin trading. But before starting any trade, you will need some money in your account. We recommend you to deposit at least $200 in your account to increase potential earnings and minimize risk. You can deposit by crypto using a TRC20 address as well which is a very common way if you have crypto on another wallet.
With access to over 300 supported cryptocurrencies and a range of trading services, OKX offers global traders a comprehensive platform to manage their crypto activities. As a registered user you’ll get an incredible 45% cashback on fees when trading Futures.
Understanding Cashback
So what benefit you will get? Let’s break it down with some math. Don’t worry. We’ll keep it simple.
OKX charges between 0.02% to 0.05% in trading fees for futures trades depending on whether you’re a maker or a taker. So if you open a long position with $1000 and use 100x leverage, your trading fee would be around $50 but with the 45% cashback, you can expect to get roughly $22.50 back in your pocket. That’s like finding money in your couch cushions except it’s in your trading account.
So, let us join the club of smart traders and enjoy this fantastic cashback deal on OKX. Happy trading!