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Up to 35% Off | Poloniex Referral Code (2021)
Get 10% off trading fees with Poloniex referral code https://poloniex.com/signup?c=F2NCP32F. Then save an additional 25% by using TRX to trade. That’s a total of 35% off.
You can also share your own Poloniex referral code and earn up to 20% commission and you can save even more in trading fees by trading volume.
|Poloniex Referral Link||https://poloniex.com/signup?c=F2NCP32F|
|Poloniex Referral Savings||Up to 35% off|
|Poloniex Referral Commission||20% per User|
|Last Verified||July 26, 2021|
Poloniex Referral Code
Use referral code F2NCP32F and save 10% on Poloniex trading fees for life. You can then save even more by using TRX, trading volume, and sharing your own code (details below).
How to Sign Up at Poloniex
The following section will show you how to sign up for Poloniex and save on fees using our code.
Time needed: 15 Minutes for initial sign-up
ID required: Any basic Government-issued ID card, such as a Drivers License
- Sign up For Poloniex.
Sign up for Poloniex using the following link https://poloniex.com/signup?c=F2NCP32F. You should see the discount code applied, if you don’t, simply type in F2NCP32F.
- Fill in Your Info to Get Level 1 Verification.
Fill in your email and password to get level 1 verification. This will get you access to unlimited trading, unlimited deposits, $10,000 per day in withdrawals, and lending. From there you can do further verification to unlock more features and higher limits.
- Create and Share Your Own Code
Create your own referral code in your account under ‘settings’. Then when you share your code you’ll earn 20% of your invitees’ trading fees.
How the Poloniex Referral Program Works
Invite your friends to sign up with your Poloniex referral code. They get 10% off their trading fees, and you’ll earn a 20% kickback. The deal lasts for 180 days from sign up and applies to spot and margin. You can collectively save/earn up to 5,000 USDC between you and each invitee who uses your code when they register.
On top of that, you can also save another 25% on Poloniex just by using Tron (TRX) to trade, and you can save even more by trading volume.
Poloniex Commission Structure
Poloniex’s referral program has a straightforward commission structure. There is a set amount that you can save and earn using a referral code. You’ll earn exactly 20% of each invitee’s fees for 180 days on all of their spot and margin trading, and you can earn up to $5,000 USDC total.
Poloniex Referral Program Rules
The following are the most important rules of Poloniex’s referral program:
- Rewards are paid out once a day in USDC
- Rewards are based on margin and spot fees paid (so fees after volume-based discounts).
- There is no limit to the friends you can invite.
- Commission and discounts last exactly 180 days from the signup date, not the date the invitee begins trading.
- Rewards won’t be paid for accounts that violate terms of service. For example, if an account is frozen or someone from a country not allowed to trade signs up.
- Poloniex can modify the terms of the referral program at any time.
- Generous discounts.
- Gernerous commissions.
- Simple to understand.
- Time-based payouts are underwhelming.
- We don’t love the 5,000 USDC limit.
- No US citizens allowed on the platform.
Poloniex Referral Program Review
Poloniex’s referral program is simple and generous, and the ability to save even more with TRX is a big plus too. Meanwhile, Poloniex the exchange, despite switching hands a few times and having a few issues, has remained a somewhat popular exchange over time. We only see one real drawback here, and that is the fact that the rewards are limited for both the referrer and the invitee. Both the time-based limit of 180 days and the 5,000 USDC max payout are underwhelming. Overall we love Poloniex’s referral program and are always big fans of % discounts and commissions. We just can’t give it our top rating due to the spotted history of the exchange and time-based rewards.
Poloniex is a longstanding crypto exchange with a good reputation that has changed hands a few times.
Poloniex launched in January 2013 and was a popular US-based exchange in that era despite a few early missteps like a 2014 hack. It was then purchased by Circle (the company behind USDC) in February 2018. Partly due to regulation at the time, Poloniex struggled to gain adoption (especially in the US). Poloniex was then purchased by a group of investors, which included Tron founder Justin Sun in 2019. Despite some drama, like a crash of a leveraged low-cap called CLAM that resulted in lost funds being paid out of all margin traders’ funds, Poloniex has generally managed to remain a top 20 exchange and stay in operation.
In short, while there is a bit of a spotty history, and while the volume of 2014 is long since gone, Poloniex has remained a popular exchange to this day. Also, on the plus side, they notably have a large selection of alts and only require email and password for level 1 trading, meaning they are highly accessible.
Poloniex is a fairly low volume exchange compared to the exchanges we typically review, coming in only in the top 40, according to Coingecko as of March 2021. So if you use Poloniex, you’ll have to pay attention to the books and watch for things like slippage.
While Poloniex is unlikely to be your first choice of exchange, but they are a good backup option to find that alt you want. Also, like any exchange, you will find liquidity with the major market pairs.
Poloniex Fees, TRX-based Discounts, and Volume-based Discounts
Poloniex’s base-level fees are 0.125% Maker and .0125% Taker. You can then save more by trading volume or by using TRX to trade. You can see the full breakdown below.
|Tier||30 Day Trading Volume||trx balance||maker / taker fee||trx maker / taker fee 25% off|
|1||< $50K||< $49||0.125% / 0.125%||0.0937% / 0.0937%|
|2||< $50K||> $49||0.0950% / 0.0950%||0.0712% / 0.0712%|
|3||$50K – $1M||N/A||0.0850% / 0.0900%||0.0638% / 0.0675%|
|4||$1m – $10m||N/A||0.0500% / 0.0850%||0.0375% / 0.0638%|
|5||$10m – $50m||N/A||0.0300% / 0.0800%||0.0225% / 0.0600%|
|6||$50m+||N/A||0.0000% / 0.0700%||0.0000% / 0.0525%|
|Poloniex Plus Silver||Apply Here||0.0000% / 0.0600%||0.0000% / 0.0450%|
|Poloniex Plus Gold||Apply Here||0.0000% / 0.0400%||0.0000% / 0.0300%|
Volume-based savings are calculated over 30 days and you must hold a TRX value of greater than $50 for tier two. Other details are found in the FAQs below.
Poloniex Order Types
Poloniex has the basic market, limit, and stop orders. While Ploniex’s order types are limited, they none-the-less offer the types needed to get the job done. Plus, they notably provide these order types of both spot and futures trading.
Poloniex Coin and Product Selection
Poloniex has a wide selection of alts and allows margin trading. It doesn’t have all the bells and whistles of some of the competition, but it does have the basics down. See a full list of coins traded on Poloniex.
We think Poloniex’s referral program is great. We aren’t rushing out to use Poloniex in general. However, if you are a Tron holder and want to play around with Tron’s DEX or want to save on fees with your Tron holdings, Poloniex makes a lot of sense. If you are going to use the exchange anyway, why not take advantage of the 35%-plus discount? It all starts with using our Poloniex referral code, and it just takes a few moments and an email to get started.
Common Questions and FAQs
Poloniex has a spotty history. However, it has been a long time since anyone flat out lost money at Poloniex due to a hack or other event. While you won’t want to treat Poloniex as your primary wallet, people have traded safely on it for years aside from the events noted above.
Volume is calculated based on your daily average balance using a 24-hour weighted average based on BTC-USD.
Your TRX balance must be at $50 or greater to qualify for Tier 2 discounts. There are no minimum requirements for Tier 1 or Tier 3 or higher.
You can increase your discount through trading with TRX and through the volume-based discount, you can actually get up to 0% Maker fees this way. For even better discounts you can apply for Poloniex Plus Silver or Gold!
No, futures fees are a flat .01% Maker and .075% Taker.
Justin Sun is an investor but not the owner of Poloniex. His investment is related to why discounts are given for using Tron (TRX).
You cannot use Poloniex as a US citizen. This is true even though limited access does not involve a KYC process.
Poloniex’s DEX doesn’t have trading fees, so the trading fee discount is not necessary.
TRX, AKA Tron, is the native asset of the Tron blockchain. It is also the token you’ll need to trade on Poloni Dex.
The insurance fund covers events that might occur such as a hack.
Poloniex has a referral program open to all users, it does not however have any additional affiliate program.
You can buy Tron on a number of exchanges including BInance, Bittrex, KuCoin, and of course Poloniex.