What Is a BloFin Referral Code?
A BloFin referral code is the string you enter in the registration form that ties a new account to whoever invited you. Code FeeDiscountDW tags the account to Datawallet and sets your cashback rate to 20% before you place a single order.
The benefit is a share of commission passed back to you. BloFin pays inviters 30% of the net trading fees their invitees generate, and the referral dashboard lets an inviter redirect part of that share to the person who signed up. Our code passes 20 percentage points across to you.
The cashback therefore lands after the trade instead of lowering the rate on the order ticket. BloFin defines net trading fees as trading fees minus bonuses, vouchers, and any other discount already applied, so the rebate base shrinks when you pay with vouchers. Zero fee pairs generate nothing.
The code has to go in before you confirm the account. BloFin has no retroactive process, and support cannot attach a code to an existing account. Finish registration without it and that account is locked out permanently.
How to Use the BloFin Referral Code
Setup takes a few minutes, and only the first step is irreversible. Work through the sequence before you fund anything.
- Open the pre-filled signup page: partner.blofin.com/d/FeeDiscountDW drops the code into the referral field automatically and shows the 20% cashback tag next to it.
- Check the field before submitting: Confirm "FeeDiscountDW" is sitting in the referral code box. Expand the field if the form has collapsed it.
- Register with an email or phone number: Both paths reach the same account tier. Google and Apple signin are also accepted on the same form.
- Confirm the verification code: BloFin sends a six digit code to whichever contact method you chose.
- Decide on verification early: The base tier trades spot and perpetuals without any documents. Submitting ID lifts the daily withdrawal ceiling, and doing it before profits build up avoids a queue at the worst moment.
- Download the app and log in: This counts as a scored task in the current Rewards Hub campaign, so doing it now keeps the welcome tier open.
- Fund the futures account: The entry level welcome tasks trigger at a 50 USDT futures deposit. Card and SEPA bank transfers work in eligible regions once verification clears.
- Open the Rewards Hub: The task center shows which tasks are live on your account and how long each has left.
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How the 20% Fee Rebate Is Calculated
BloFin charges the standard rate, then credits the cashback back to you. At the Regular tier the published futures rates are 0.0200% for makers and 0.0600% for takers, and spot sits at a flat 0.1000% on both sides of every fill.
Run 1,000,000 USDT of futures taker volume through the account and the standard fee is 600 USDT. The 20% cashback returns 120 USDT, which is the same as trading at an effective 0.048% taker rate. At 10,000,000 USDT of taker volume the number moves to 1,200 USDT returned across the period.
Volume discounts and the cashback work together. A trader at VIP 1 pays 0.0500% on futures takers, and the same 20% share pulls the effective rate down to 0.04%. Our explainer on maker and taker fees covers which side of a fill you land on.
You can skip ahead without trading a single lot. BloFin runs a VIP upgrade path that grants two VIP levels to traders who submit a screenshot proving equivalent standing at another exchange, subject to review by a relationship manager. Pairing that with the cashback cuts costs faster than volume alone.
BloFin Rewards Hub and the New User Bonus
BloFin delivers its new user offer through the Rewards Hub, which splits into onboarding tasks and a recurring daily layer. That structure has held since the platform retired its old welcome bonus page, though the prize amounts reset with each campaign. The terms BloFin publishes for the live campaign set the figures below.
- Welcome Mystery Boxes: Unlocked by completing onboarding steps within 7 days of registration, most recently an app download and login, a first futures deposit of 50 USDT or more, and a first futures trade of at least 100 USDT. Box contents are randomized within a published ceiling.
- 14 day deposit and trading challenge: The source of the 5,000 USDT headline, and the one figure BloFin has kept stable across successive campaigns. Rewards ladder by cumulative net deposits paired with futures volume, and moving up a tier pays the difference against anything already issued. Deposit and trade rewards clear after a 3 day observation window.
- Daily task layer: A rotating set of spot, futures, copy trading, staking, and bot missions paying smaller amounts that reset regularly. Recent campaigns have run this as a prize draw where completing tasks earns entries rather than a fixed payout.
The qualifying terms have stayed consistent across campaigns even as the prizes changed. Only main account activity counts, so sub-account deposits and trades are ignored. Only taker trades on positions held longer than one minute count toward volume targets, which rules out rapid open and close cycles. Demo accounts earn nothing.
Every reward arrives as a futures bonus rather than cash. You can use them as margin, apply them against trading fees, or offset a share of losses and funding costs, and they cannot be withdrawn. Moving assets out of the futures or copy trading account during the observation window can trigger a clawback.
Read the task center against your own account before you deposit anything. Amounts and deadlines change when a campaign rolls over, and the tasks shown to a new registrant are the only ones that will pay.
Why the Welcome Offers Do Not All Stack
Only one welcome reward per account ever pays out. Under the Invite and Earn rules, a new user may receive the new user exclusive reward only once across every eligible campaign, and the list names Airdrop+, Spin and Win, Launchpad, Token Splash, Invite and Earn, and the Rewards Hub. Whichever event distributes first is the one you get.
Work out the largest reward you can realistically clear before completing any qualifying task, then pursue that one. Chasing three campaigns at once still produces a single payout.
Invite and Earn is the alternative worth checking against the Rewards Hub. It pays 20 USDT when a referee deposits at least 100 USDT and trades 1,000 USDT of futures, 40 USDT at 5,000 USDT of futures volume, and 60 USDT at 20,000 USDT. Those amounts are split equally between referrer and referee, and the tasks must be finished within 7 days of registration.
The 20% cashback sits outside this rule. It is a commission share rather than a new user exclusive reward, so it runs alongside whichever welcome campaign you choose and keeps paying after every promotional window closes.
How to Find Your Own BloFin Referral Code
Once your account is live you can invite others and take the standard 30% commission share on their net futures fees, settled in USDT.
Finding Your Code on Desktop
- Sign in at blofin.com: Use the credentials or social login you registered with.
- Open the referral page: Go to blofin.com/referral, or hover the More menu in the header and select Referral.
- Read the dashboard header: Your code, invite link, commission rate, and invitee cashback percentage sit at the top.
- Set the cashback split: Adjust how much of your 30% you pass to invitees before sharing, since the setting applies when they register.
- Copy and distribute: The share buttons cover Telegram, X, Facebook, Instagram, WhatsApp, and Reddit.
Finding Your Code in the App
- Open the BloFin app: Available on iOS, Google Play, and as a direct Android download.
- Tap the profile icon: It sits in the top left corner of the home screen.
- Select Referral: The in-app dashboard mirrors the desktop view.
- Copy the link or QR poster: The poster works better for social posts than a raw code string.
BloFin Referral Program vs Affiliate Program
The two programs are mutually exclusive under BloFin's referral terms, so one account cannot run both. Choosing correctly at the start saves a migration later.
The referral program suits anyone sharing a code with people they know. No threshold applies, and the commission share is fixed. The affiliate program targets publishers and communities that can sustain volume, and the higher ceiling brings tier assessment and reporting obligations.
Both exclude zero fee pairs and fees settled using futures bonuses from the commission calculation, and both disqualify self-referrals, duplicate accounts, and wash trading.
Country Restrictions and Verification Tiers
BloFin holds no tier one financial license and controls access through its terms rather than local authorizations. Section 6.1 of the Terms of Use bars residents of the United States, Canada, India, Singapore, the United Arab Emirates, mainland China, and the Marshall Islands, plus sanctioned territories including Afghanistan, Belarus, Cuba, Iran, Iraq, Libya, Myanmar, North Korea, Somalia, Sudan, Syria, Yemen, and Zimbabwe.
A separate clause confirms BloFin is not regulated by the Dubai Virtual Assets Regulatory Authority. Reaching the platform by VPN breaches the terms and exposes the account to freezing and clawback, so readers in blocked markets should compare our MEXC referral code and KuCoin referral code guides instead. Our BloFin restricted countries guide tracks the full list.
Verification is optional for everyone else, which is unusual at this size of exchange. An email or phone number alone gives full spot and perpetual access with a 20,000 USDT rolling 24 hour withdrawal cap. Submitting personal information lifts that to 1,000,000 USDT and address verification to 2,000,000 USDT.
Our roundup of no KYC withdrawal limits compares those caps against rival platforms.
About BloFin
BloFin opened its derivatives exchange in January 2023, though the business behind it has run since 2019, starting as a quantitative crypto services firm managing a fund of funds. Founder Matt Hu came from a venture investing background that included Twitch and Unity. The company raised a 50 million dollar Series B in 2022 with participation from SIG and Matrix Partners.
The platform is derivatives first. Perpetual contracts carry leverage up to 150x on major pairs, alongside spot markets, copy trading, grid and signal bots, staking products, and a demo environment mirroring the live Unified Trading Account. BloFin was title sponsor of TOKEN2049 and lists more than 30 external broker partners.
On the security side, custody runs through Fireblocks, on-chain monitoring through Chainalysis, and identity checks through Sumsub. The exchange holds ISO/IEC 27001 certification, publishes Merkle tree proof of reserves, and appears on DefiLlama's transparency dashboard. No breach has been publicly recorded against the platform.
Final Thoughts
Entering FeeDiscountDW costs nothing and takes five seconds, and the 20% cashback keeps paying long after every welcome campaign expires. For a trader running real futures volume, the annual cashback outweighs the one-off bonuses that get the louder billing.
Treat the Rewards Hub with more caution than the marketing invites. The credits are non-withdrawable futures bonuses, the 5,000 USDT tier demands deposits and volume well beyond casual use, and the one-reward-per-user rule means picking a single track. Deposit what you were going to deposit anyway and let the bonus follow.
Leverage does far more damage to an account than fees ever will. A cheaper cost base improves a disciplined strategy and accelerates a bad one. Anyone still weighing venues can see how BloFin ranks in our guide to the best crypto futures exchanges, or read our head-to-head on BloFin vs MEXC.
