Cryptocurrency exchanges offer exciting ways to trade and grow digital assets. Many platforms now include referral programs to attract new users and reward loyal ones. These programs provide bonuses, fee discounts, or extra perks when you invite friends to join. A referral code acts as your ticket to these benefits, making trading more affordable and fun.
This guide will cover what the Phemex invite code is, what the benefits of using an invitation code are, and a step-by-step guide on how to use the Phemex referral code.
What is Phemex Referral Code?
A Phemex referral code is an invite code shared with new users by existing users to onboard them on the platform with special welcome bonuses and discounts. It’s designed to reward both the new trader and the person who shared the code with bonuses like coupons or fee reductions.
The best Phemex referral code for 2025 is FR72P8. By using it, you’ll unlock a generous $4,800 welcome bonus and enjoy a 30% discount on trading fees, giving your crypto journey a solid head start.
Phemex Referral CodeFR72P8Welcome Bonus$4,800 sign-up bonusTrading Fee RebateUp to 30%Terms & ConditionsDeposit and TradeKYC RequiredYes
Phemex Bonus and Rewards
Here are the Phemex bonuses and rewards attached to our referral code:
- KYC Verification: Complete identity verification to earn a $10–1,200 USDT spot cashback voucher.
- First Deposit: Deposit at least 50 USDT to receive a $5–1,500 USDT spot cashback voucher.
- First Trade: Make a spot or contract trade of 100 USDT or more to get a $5–2,100 USDT cashback voucher or trading bonus.
A 30% reduction on trading fees applies to all transactions for new users who sign up with our Phemex referral code FR72P8. This discount enhances profitability, especially for day traders.
How to Use the Phemex Invitation Code?Step 1: Create a Phemex Account with Our Invite Code
First, head over to the official Phemex website, and on the homepage, locate the “Sign Up” button. Click it to begin the registration process. You’ll be prompted to enter your email address and create a strong password. At this stage, you’ll see an optional field labeled “Invitation Code.” This is where you will input the code FR72P8, which offers a $4,800 welcome bonus and a 30% trading fee discount.
After filling in your details, agree to the terms of service and click “Create Account.” Phemex will send a verification email—open it, click the link, and your account will be active.
Step 2: Complete KYC Verification
Next, navigate to the “Account” section by clicking your profile icon in the top-right corner. Select “Identity Verification” from the dropdown menu. You’ll be asked to provide personal details like your full name, date of birth, and address, followed by uploading a government-issued ID (e.g., passport or driver’s license) and a selfie for facial verification.
The process is straightforward and usually takes a few minutes to a couple of hours for approval. Completing KYC within 30 days of registration is key, as some rewards, like the cashback voucher worth up to $1,200, depend on it.
Step 3: Deposit and Trade Crypto
Now that your account is verified, it’s time to fund it and start trading. From the homepage, click “Assets” in the top navigation bar, then select “Deposit.” Choose your preferred cryptocurrency (e.g., USDT, BTC, or ETH) and copy the wallet address provided.
Transfer at least 50 USDT (or equivalent) from an external wallet or exchange to this address. Go to the “Markets” tab, pick a trading pair (like BTC/USDT), and execute a spot and futures market trade worth at least 100 USDT. This action will unlock additional bonuses tied to your referral code. Be sure to complete these tasks within 30 days of signing up to stay eligible for the full reward package.
Step 4: Claim the Sign-Up Bonus
Finally, claim your rewards by visiting the Rewards Hub. Here, you’ll see a “Welcome Rewards” section listing tasks you’ve completed—like KYC, depositing, and crypto trading volume—along with their associated bonuses.
Phemex Referral Program
The Phemex Referral Program offers a rewarding way for users to invite friends and earn referral benefits. When you sign up on Phemex, you’re given a unique referral code or link, which you can share with others. If someone uses your code to create an account and completes specific actions—like verifying their identity, depositing funds, or trading—you both reap the rewards.
For the person inviting, there’s a chance to earn up to $9,000 in commissions based on the trading activity of those they’ve referred to,
