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Earn 30% 【US RESIDENTS ONLY】 FTX.US Referral Code 2023
FTX.US Referral Code
FTX.US filed for chapter 11 bankruptcy on November 11, 2022. Then, on December 13th, FTX Founder Sam Bankman-Fried was Indicted for Fraud, Money Laundering, and Campaign Finance Offenses.
These days FTX branded exchanges are shut down and unusable, and you’ll instead want to use another exchange (see: crypto exchange discounts).
Given all this, the article below will no longer tell you how to save money at FTX US. Instead, all information below will serve as historical information only.
|? FTX.US Referral Code
|? FTX.US Commission
|? FTX.US Referral Code Savings
|? Last Verified
|February 27, 2024
IMPORTANT: FTX won’t likely ever come back. However, if it does, we will update this page to reflect that. For now, all the content below is historical information.
FTX.US Referral Code Details
When you register on FTX.US with referral code HowToReferral and get a 5% trading fee discount for life.
That means you’ll get 5% off the standard FTX.US fees of 0.1% maker and 0.4% taker fee. You can bring your fees down further by meeting the required monthly trading volume amounts. In fact, with the volume-based discount, you can bring your fees down to 0% Maker and 0.05% Taker!
With that said, unlike FTX’s global exchange, FTX’s US exchange doesn’t have an option for increasing savings or earnings by staking FTT. Luckily, FTX.US does have that generous volume-based discount to take advantage of.
Lastly, don’t forget you can earn 30% commission when you invite others to join FTX.US too. All you need to do is sign up for FTX.US and create a referral code, and it is that simple! Sign up for FTX.US with referral code HowToReferral now.
FTX.US is FTX for United States-based exchange for US traders. If you live in the US, you can’t use FTX. Luckily, you can use FTX.US to access some unique cryptocurrency trading pairs not found on other exchanges, along with all the staples. With that said, FTX.US has a limited selection compared to FTX, so international users will want to check out FTX Global instead to save up to 100% on fees with FTT staking. See our review of FTX
How to Sign Up For FTX.US
The following section will walk you through signing up for FTX.US with the 5% discount applied.
Time needed: 15 Minutes for initial sign-up
ID required: Any basic Government-issued ID card, such as a Drivers License
- Sign up for an FTX.US account. You’ll see that the 5% discount is applied.
- Click ‘register’ in the top right corner on desktop or toggle over to ‘sign up’ on mobile. Then follow the on-screen prompts.
- Although your account will be set up after these steps, it is highly recommended that you go to your ‘profile settings’ and enable 2FA and do the KYC/AML verification to secure your account and raise your withdrawal limits.
How the FTX.US Referral Program Works
When you invite someone to sign up using your FTX.US referral code, you’ll receive 30% of their fees, and they will get 5% of their fees back as a rebate. The only way to improve savings from there is by trading volume.
While this program is ultra-simple compared to the main FTX referral program, and while it isn’t as generous to the invitee, there are some extra benefits to consider.
First off, the volume-based discounts can stack with the referral program bringing fees down to 0% Maker for those who trade big volume. So like with FTX, FTX.US users still have the option of getting 100% off trading fees. Also, the 30% flat rate paid to referrers is actually a bit higher than the 25% base rate FTX offers (even though this can be boosted by staking FTX).
FTX US Commission Structure
Unlike FTX, FTX.US has a very simple and straightforward commission structure. You get 30% of your invitees’ trading fees every time they trade for life. There is no way to increase this commission, but on the plus side, unlike FTX’s global site, there is no need to stake FTT (FTX’s exchange token) to get the full commission. While that is all there is to it in terms of earnings, the volume-based discount can help you to get more out of FTX. Otherwise, increasing your commission is a matter of referring more users.
FTX.US Referral Program Rules and Regulations
Here are the main rules for the FTX.US referral program:
- FTX can reevaluate the rules at any time
- You cannot refer yourself.
- You can have your referral fees discontinued if you violate a policy.
- You cannot bid on the FTX brand, so for example you can’t run a pay-per-click ad campaign on your referral link.
FTX has kept its rules pretty light for its referral program, but if you are interested in checking it out for yourself you can read more at the FTX.US referral information page.
FTX.US Referral Program Review
The FTX.US referral program is everything we love in a referral program. Simple and generous rewards for the invitee that never expire and an equally solid lifetime commission for the referrer. That said, not everything is perfect here.
For one, FTX lags a bit behind Binance US in its savings offered to users. So while they are top-tier in terms of their referral program, they aren’t the best in the industry. Second, like other US-based exchanges, the fees and product selection are lackluster compared to the global equivalent. FTX is an industry-leading exchange due to liquidity and selection, but those qualities don’t exactly translate over to the US exchange. Still, it is hard to ding FTX for what ultimately comes down to regulation.
With that all in mind, we have given FTX.US a solid 4-out-of-5-stars. That is our way of saying, “this is great, but there is a little room to do better.”
FTX is a popular derivatives trading platform founded in 2019 by Alameda Research. Meanwhile, FTX US is FTX’s United States-based crypto exchange founded in 2020.
While FTX.US doesn’t have the selection of their global counterpart, they do have liquidity, a trusted name, competitive fees, and to some degree, a unique selection. Plus, they work as an onboarding/offboard solution due to customers being able to use deposit and withdraw fiat. All of this together makes FTX.US a solid choice for US customers looking to trade crypto.
FTX.US does not have the same liquidity as its counterpart, but this is for a good reason. FTX is known for having highly liquid derivatives, while FTX.US is a spot exchange. While you won’t have trouble entering or exiting on large caps or with modest-sized positions, you aren’t going to see the same level of liquidity you see on Coinbase or Binance US. This is subject to change in the future, but for now, it is worth consideration. That said, you can keep an eye on liquidity by checking out Coingecko list of exchanges by volume and liquidity.
FTX.US Fees & Volume-based Discount (Updated Sept. 2022)
FTX.US had standard fees of 0.10% maker and 0.20% taker. This taker fee was lowered from 0.10% in May 2022. This fee structure actually better than Coinbase’s rather high 0.50% Maker/Taker. Meanwhile, like Coinbase, FTX.US offers a volume-based discount as shown in the FTX.US Fees & Volume-based Discount table below. Pair the competitive rates with the referral savings and volume-based discount, and you have one of the cheapest places to trade in the US.
|30d Volume (USD)
You can also unlock taker fees as low as 0.025% and earn up to 0.01% in every maker trade through the FTX.US VIP and Market Maker programs. So if you are doing higher volume than stated above, make sure to look into these programs by contacting FTX.US support.
As noted above, the FTX.US VIP and Marketing Making Program can help you save even more. In fact, market makers can actually get a rebate on fees! While very few people will qualify for these programs, those interested should check these options before they start trading on FTX.US.
FTX.US Order Types
Just like FTX, FTX.US offers a wide variety of order types including:
- Market Order
- Limit Order
- Conditional Order
- Post Only Order
- Reduce Only Order
- One Cancels the Other Order (OCO)
- Stop-Limit Order
- Stop-Market Order
- Take Profit Limit Order
- Take Profit Market Order
- Trailing Stop / Trailing Take Profit
- TWAP (New as of 2022)
They also offer contract-specific settings like the ability to increase margin. Check out the officialguide to FTX.US order types.
FTX Coin and Product Selection
As we have noted selection is not as robust with FTX.US as it is with FTX. With that said, there is the benefit of FTX.US offering both a unique selection of spot alts and margin. Not every US exchange offers margin, and of those that do not every exchange is available in all regions. As for a full listing of coins, there are too many to list here, so instead check out the FTX.US markets.
FTX.US is one of our top choices for US-based crypto exchanges, and we are glad they have such a generous referral program compared to the US crypto exchange options. Saving 5% on fees is a big deal for a US exchange, and getting 30% kickbacks from sharing a discount is amazing for any exchange. We absolutely suggest FTX products right up there with Coinbase and Binance, and FTX.US is no exception. The exchange is solid, and so is the referral program. We couldn’t ask for much more than that, especially compared to the US competition.
Common Questions and FAQs
If you don’t like the look of the standard referral link you get, you can create up to 5 unique FTX.US referral links.
You get paid in USD for your FTX referral commissions.
FTX.US referral rebates are calculated and paid out at 00:05 (UTC) daily based on the previous trading day.
FTX.US does not have leveraged tokens. Their product selection is limited to spot crypto
First, verify your account, then you can transfer from your bank either via your checking or via wire.
To withdraw, request a wire transfer under the withdraw field of USD in your wallet.
There are no fees for FTX.US wire transfers.
OTC means ‘over the counter.’ People wanting to make large purchases may prefer to use an OTC service. This avoids causing slippage or having to place trades on an exchange.
Yes, FTX allows fiat-to-crypto and crypto-to-crypto trading.
FTX has built a solid reputation and has never faltered in maintaining its reputation. Given this, it is reasonable to assume FTX.US is as safe as the other top US exchanges.
Each account tier unlocks different abilities (like margin trading) and withdrawal limits.
2FA is two-factor authentication, it is a way to secure your FTX.US account and is highly recommended.