BloFin Referral Code: 20% Fee Rebate + $5K Bonus

Summary: Enter BloFin referral code FeeDiscountDW at registration for a 20% rebate on all spot and futures trading fees, plus welcome rewards worth up to 5,000 USDT through the Rewards Hub.
Unlocking the full bonus set means completing deposit and trading tasks within 15 days of signup, with rewards credited to your futures account after a short risk monitoring window.
BloFin is an offshore derivatives exchange serving 150+ countries, where entering code FeeDiscountDW at signup activates a permanent 20% fee rebate plus access to up to 5,000 USDT in welcome rewards.
Referral Code
FeeDiscountDW (20% fee rebate + up to 5,000 USDT bonus)
Qualifying Window
15 days from registration
Supported Assets
450+ Coins and 500+ Perpetuals
What is a BloFin Referral Code?
A BloFin referral code is the identifier entered at registration that links a new account to an active promotion. Code FeeDiscountDW tags your account for a 20% rebate on every spot and futures trade, plus eligibility for the welcome tasks in BloFin's Rewards Hub.
The rebate mechanic is worth understanding. BloFin charges fees at the standard rate, then refunds 20% to your account balance. At the non-VIP tier, your effective futures taker fee drops from 0.06% to 0.048%, and your spot taker fee from 0.10% to 0.08%. If you qualify for a VIP tier, the rebate stacks on top of the tier discount rather than replacing it.
Running the numbers on 5,000,000 USDT in cumulative futures taker volume: standard fees come to 3,000 USDT, and the 20% rebate returns 600 USDT to your Rewards Hub balance. For anyone trading actively, that compounds quickly across a year.
The code also keeps your account eligible for the separate Deposit & Trading Challenge, which pays up to 5,000 USDT in futures bonuses across the first 14 days. The ongoing rebate and the front-loaded challenge stack together, which is why the five seconds at registration matter.

How to Use a BloFin Referral Code
The BloFin code must go in before you confirm the account. No retroactive application exists, and support can't add it later. Finish registration without it and that account is out of the program permanently.
Follow these steps to activate the offer:
- Open the signup link: partner.blofin.com/d/FeeDiscountDW pre-fills the referral code field automatically.
- Confirm the code is applied: Check that "FeeDiscountDW" appears in the referral code box before finishing. Screenshot it if you want confirmation.
- Register with email or phone: Either option lands you at the same account tier and benefits.
- Verify your contact: Enter the code BloFin sends by email or SMS.
- Decide on KYC: Level 0 works without verification, but completing KYC lifts your withdrawal ceiling and unlocks fiat on-ramps. I'd do it upfront rather than scrambling later.
- Fund your futures account: Most welcome tasks trigger on a 50 USDT crypto deposit. SEPA and card purchases work for eligible EU users once KYC clears.
- Open the Rewards Hub: The task center lists your live tasks and deadlines before the clock runs out.

BloFin Welcome Bonus and Rewards
BloFin's Rewards Hub splits the new-user offer into two tracks: Mystery Boxes and the Deposit & Trading Challenge.
- Mystery Boxes: Unlock inside the first 7 days by completing onboarding actions. Passkey setup earns a box worth up to 20 USDT, a first futures deposit of 200 USDT+ adds up to 30 USDT, and first stake, first spot trade, and first copy trade each add boxes worth up to 50 USDT. Contents are randomized within those ranges, and boxes expire 7 days after the trigger, so claim them fast.
- Deposit & Trading Challenge: The source of the 5,000 USDT headline. Over 14 days, BloFin ladders rewards by cumulative USDT deposits paired with futures trading volume. The top tier sits out of reach for most casual users, but mid-tier rewards between 50 and 500 USDT are realistic for anyone depositing a few hundred to a few thousand dollars and trading actively.
One caveat worth reading before you deposit: qualifying deposits must be in USDT, and bonuses credit to your futures account after a 3-day risk monitoring period. Those credits stay inside the platform. You can use them as margin, apply them against trading fees, or offset up to 50% of losses and funding costs, but they can't be withdrawn.
Moving assets out of your futures account during the monitoring window can trigger bonus retrieval, so check the task center terms first.
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How Do I Find My BloFin Referral Code?
Your own referral code lives in the Referral section of your account. Sharing it earns 30% of the trading fees paid by anyone who signs up through your link, settled in USDT daily to your funding account.
Finding Your Code on the Web
- Log in: Sign in at blofin.com with your credentials.
- Open the Referral page: Go to blofin.com/referral or hover over More and click Referral.
- View your code: Your unique code and shareable link appear at the top of the dashboard.
- Copy and share: Click Copy to distribute across chats, social platforms, or your own channels.
Finding Your Code on the Mobile App
- Open the BloFin app on iOS or Android.
- Tap the menu icon in the top-left profile section.
- Select Referral: Your in-app dashboard shows the code and link.
- Copy or share: Send to contacts directly, or download the QR code poster for social posts.
BloFin Referral Program vs Affiliate Program
Both programs reward you for bringing in new users, but they sit at very different points on the effort curve.
The BloFin Referral Program is built for regular users. Share your code, earn 30% of what your invitees pay in trading fees, and the commission is permanent for as long as they keep trading. Payments settle in USDT and hit your funding account every 24 hours. No application, no minimum volume threshold, no ongoing assessment.
The BloFin Affiliate Program targets creators, publishers, and community leaders generating real volume. Commissions start at 30% and scale to 50% lifetime on futures trading fees, settled hourly in USDT. Affiliates get sub-affiliate chains up to 29 levels deep, a dedicated dashboard, and daily payouts. The trade-off is a quarterly assessment against volume and active-user thresholds. Fail it and you drop back to 30%.
For most readers, the referral program makes more sense. If you're running a content channel or community that reliably produces 1 million USDT or more in invitee trading volume per quarter, the affiliate program's higher ceiling starts to earn its admin overhead.
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BloFin Trading Fees Explained
BloFin's fees sit below the industry average, which is what makes the 20% rebate worth activating.
- Spot: 0.10% maker / 0.10% taker
- Futures: 0.02% maker / 0.06% taker
- Industry average (futures): 0.024% maker / 0.053% taker
The rebate stacks on top of whatever VIP tier you qualify for, so it never gets replaced by volume discounts. At the base tier, your futures taker rate drops from 0.06% to 0.048% and your spot taker rate drops from 0.10% to 0.08%. Full tier thresholds and discounts sit on BloFin's fee schedule.
On 1,000,000 USDT in monthly futures taker volume, that's 120 USDT back. At 5,000,000 USDT monthly, it's 600 USDT back, or 7,200 USDT over a year.
Crypto deposits are free (network fees apply), and withdrawals charge a flat network fee per asset with no platform markup. Fiat on-ramps through Simplex and Alchemy Pay add 1% to 5% depending on payment method and region.
About BloFin
BloFin launched its centralized derivatives exchange in January 2023, though the parent company has operated as a quantitative crypto services firm since 2019. The platform is run by BuildLight Future Limited, registered in the Marshall Islands. Founder Matt Hu previously worked on venture investments backing companies including Twitch and Unity before moving full-time into crypto infrastructure.
The product is derivatives-first. BloFin lists 500+ USDT-margined perpetual contracts with up to 150x leverage on major pairs, plus 400+ spot assets, copy trading, trading bots, staking, and a risk-free demo environment. Security infrastructure includes Fireblocks custody, Chainalysis integration for on-chain monitoring, and ISO/IEC 27001 certification. The exchange publishes a 1:1 Merkle tree proof-of-reserves report users can independently verify.
BloFin is accessible in 150+ countries, with restrictions across 40+ jurisdictions including the US, Canada, China, India, Russia, Singapore, and the UAE. Check the full BloFin restricted countries list before depositing. Trading through a VPN violates the Terms of Use and can result in account closure or asset forfeiture.
KYC is optional at the base tier. Level 0 accounts (email or phone) withdraw up to 20,000 USDT per 24 hours, enough for most users getting started. Personal information verification raises that to 1,000,000 USDT, and proof of address pushes it to 2,000,000 USDT. The automated verification system typically clears in under 10 minutes during normal hours.
Final Thoughts
The BloFin referral code costs nothing at registration and pays out for as long as you trade on the platform. Enter FeeDiscountDW, lock in the 20% rebate, work through the Rewards Hub tasks in your first two weeks, and you've built a meaningful cost advantage before your first serious position.
Keep the downside in view. BloFin is derivatives-first, and leverage is unforgiving. The rebate compounds your edge if you're already disciplined, but it won't protect you from over-sizing, chasing funding, or trading beyond what you can risk-manage. Use the welcome bonuses as runway while you learn the platform, not house money for bets outside your risk tolerance.
If you're still comparing venues, our guide to the best crypto futures exchanges covers how BloFin stacks up against the competition.
Frequently asked questions
Can I use more than one BloFin referral code?
No, you can only use one BloFin referral code per account during registration. To earn additional referral rewards, share your unique code with multiple users.
How long does it take to receive rewards from a BloFin referral code?
Referral rewards are typically credited once your referred user has completed the qualifying activities, such as making a deposit or initiating trading. Rewards are usually available within a few hours.
Do BloFin referral codes expire?
BloFin referral codes do not expire; however, the rewards for using them frequently have limited validity periods. It is recommended that you review the terms in your Rewards Hub for specific timelines.
Can I withdraw rewards earned from using a BloFin referral code?
Referral rewards, such as futures vouchers and trading credits, are not withdrawable directly. Instead, they are intended to offset trading fees or act as margin when trading futures contracts.
Can I combine the referral benefits with BloFin VIP or promotional discounts?
Yes, users can combine referral rebates with other BloFin promotions or VIP fee discounts, maximizing total savings across all trading activities.

Written by
Datawallet Team
Research
Datawallet is an independent crypto research platform covering digital assets, blockchain data and on-chain analytics since 2019. Our research is cited by Binance, CoinMarketCap, Messari and leading academic publications.

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