Dear BingX users,
To create a better experience for our agents in promoting BingX Grid Trading, we have made a major upgrade to the User Management platform for our partners/agents, with two major highlights that are not to be missed!
Highlight 1: Added Grid Trading Commission Details Under the Perpetual Futures and Spot Sections
You can view sub-agents' grid trading volume and users. You can also check the details by UID or branch. After expanding the category, click "Strategy" to view it as shown in the picture.
Highlight 2: "Spot Infinity Grid" and "Futures Grid" Now Support Automatic Commission Issuance in the Same Way as "Spot Grid"
As of 2023-02-21 24:00 (UTC+8), the commissions for Spot Infinity Grid and Futures Grid have been credited to your BingX account in the form of USDT in two rounds. You can view the details in your asset records.
- The 1st round: The issuance date is 2023-01-03, including commissions from 2022-06-01 00:00 to 2022-12-31 23:59.
- The 2nd round: The issuance date is 2023-02-21, including commissions from 2023-01-01 00:00 to 2023-02-20 23:59.
FAQ: How Are the Commissions From Referees' Grid Trading Fees Calculated?
The trading fees collected in Spot Grid & Spot Infinity Grid are the same as Spot, while the Futures Grid's trading fees are the same as Perpetual Futures.
BingX Grid trading fees and commission schemes are as follows:
|
Type of Grid |
Trading Fee Rate |
Commission Issuance |
|
Spot Grid |
0.05% - 0.20% |
The commission is automatically credited to the agent's account on a daily basis. The commission generated based on today's trading volume will be issued on the next day. |
|
Futures Grid |
Maker: 0.02% Taker: 0.05% |
|
|
Infinity Grid |
0.05% - 0.20% |
*Explanation on the zero-fee offer for Spot trading: Although Spot trading currently exempts trading fees, in such a way that trading fees are collected in the first place and returned to users' accounts later. Agents can still get commissions from their referees' trading fees because trading fees are generated in the process.
What's more, the characteristics of Grid Trading itself can also incur more trading fees while a grid strategy is running, which brings about more income for agents.
| Higher trading frequency | It can automatically buy low and sell high 24/7 |
| Longer life cycle | It enables intelligent planning and places orders to avoid interference from the market sentiment |
| More use cases | As long as the market fluctuates up or down, there will be profits |
🎉Surprise Rewards: BingX Grid Ambassador Program Is Now Launched; Earn More Commissions When You Promote BingX Grid!
>> Sign Up Now <<
1. Bigger and Better: Up to 10,000 USDT Subsidy Coming Your Way!
From 2023-02-21 to 2023-03-21, invite your direct referees to use the Grid Trading and if your referees reach a Grid trading volume ≥ 1,000 USDT including leverage, you will receive a special Grid Trading reward of up to $10,000! Please note that your referees need to register a BingX account and complete the KYC verification.
|
No. of Grid Referees |
Reward (USDT) |
|
20 |
100 |
|
50 |
300 |
|
100 |
800 |
|
500 |
5,000 |
|
1,000 |
10,000 |
Example: During the event period from 2023-02-21 to 2023-03-21, if you refer 101 valid new Grid users, you will be able to claim an 800 USDT reward!
Grid Referee: From 2023-02-21 to 2023-03-21, a user who registers a BingX account via the agent's referral code or referral link and opens a Grid Trading order during the event that reaches a trading volume of ≥ 1,000 USDT (Including Spot Grid/Futures Grid/Spot Infinity Grid).
2. Additional Referee Benefits - "Loss Covered for New Users" and "Trade to Get Guaranteed Reward" to Help You Promote!
🔥 To provide more support to our partners, the BingX Grid operation team has rolled out events such as "Loss Covered for New Users", "Trade to Get Guaranteed Reward", etc. Submit the application form below to apply for these resources today. The application process is as follows:
(1) "Grid Trading Event Support" Application Form: https://survey.larksuite.com/m?t=satgyaEgXbKi-unbh
(2) Submit the application and wait for the scheduling and feedback from the operation team, or add @BingXSmart on Telegram to check the progress.
(3) Promote the event according to the schedule and discuss the performance of the promotion with Toky (while Toky continues to provide event data).
(4) Summarize your experience and suggestions for this event to Toky.
🔊Latest Update: Futures Grid Supports Long and Short Directions and Up to 150x Leverage!
Ever feel sick of monitoring the market? Upset when sticking to a seemingly wrong-direction position? Broken down from forced liquidation?
A major upgrade has been released for BingX Futures Grid. Users can create long or short grid strategy which supports up to 150x leverage, a great tool that combines the "low risk of grid trading" and "high returns of futures trading"!
📖 Grid Trading-Relevant Materials：
BingX Grid Introduction Poster: Introduction to the Three Types of BingX Grid
BingX Grid Trading FAQs: BingX Grid Trading Tutorials All in One