Every trade you place pays a fee, and over a year those fees usually cost an active trader more than any single losing position. This page explains the two mechanisms that reduce them — rebates and discounts — including where the money actually comes from, because a saving you can’t explain is a saving you shouldn’t trust.
A trading fee discount lowers the fee before you pay it. VIP volume tiers, market-maker programs, and pay-fees-in-native-token schemes all work this way: the exchange charges you a smaller number in the first place.
A trading fee rebate returns part of the fee after you paid it. The money comes from the affiliate commission the exchange pays out on your trading — a rebate service redirects most of that commission back to you instead of keeping it.
Functionally they converge on the same thing: a lower effective fee rate. The practical difference is eligibility. Discounts are earned (volume, holdings); rebates only require registering through the right link, which makes them the one mechanism available to a trader on day one.
Exchanges pay partners a revenue share on the trading fees of referred users. On BingX that share runs around 60% of your fees. A plain referral link keeps all of it. A rebate service splits it.
Our split, in the open: of that ~60%, RebateMax returns 50 points to you for the lifetime of the account and keeps roughly 10 as margin. That margin is the entire business — no subscriptions, no upsells, no paid signals. We publish this number because the alternative — a service that won’t say what it keeps — is exactly the kind you should avoid.
These are not alternatives; they compound. A limit-order trader with a 50% rebate pays a fraction of what a market-order trader with no rebate pays for identical positions.
At a 0.05% taker fee, $500,000 of monthly futures volume costs $250 in fees. A 50% rebate returns $125 of that — every month, for the life of the account. Over a year that is $1,500 recovered from a one-time registration decision.
Your numbers will differ with your volume and order types. Run them yourself with the crypto fee calculator — it does the arithmetic for your actual volume, with and without the rebate.
Red flags, any one of which should end the conversation:
Green flags: lifetime terms stated in writing, a disclosed margin, and public, checkable numbers. We hold ourselves to that last one visibly — every signal we have ever forwarded is graded against exchange data on the live scoreboard, losses included.
Two things: a 50% lifetime rebate on BingX trading fees, and LBank perpetuals at 0.0015% maker / 0.003% taker — both applied by registering through our partner link. The mechanics, the code, and the fine print are on the BingX referral code page.
Register on BingX with the 50% rebateRegister on LBank at 0.003% taker
The mechanism is: exchanges pay partners a share of the fees their referred users generate, and a rebate service passes part of that share back to you. What separates a legitimate service from a questionable one is transparency — it should tell you exactly what percentage you get, disclose that it earns the remainder, and never ask you for money up front or for your exchange login.
A discount lowers the fee before you pay it (VIP tiers and native-token discounts work this way). A rebate returns part of a fee after you paid it, usually funded from the affiliate commission your trading generates. The end result — a lower effective fee rate — is the same; only the timing and the source of the money differ.
The exchange pays the service a commission on your trading fees whether you use a rebate code or a plain referral link. A rebate service simply hands most of that commission back instead of keeping it all. RebateMax keeps roughly a 10-point margin of the ~60% commission BingX pays and returns 50 points to you. On LBank the deal is structured differently — an 85% commission basis that funds effective rates of 0.0015% maker / 0.003% taker — but the principle is the same, and we publish both.
Generally no. Partner and referral codes bind at registration, and most exchanges — BingX and LBank included — will not attach one to an existing account. If you already have an account without a code, the practical route is registering a fresh account through a rebate link.
It scales with volume. As a worked example: at a 0.05% taker fee, $500,000 of monthly futures volume costs $250 in fees; a 50% rebate returns $125 every month — $1,500 a year — for the one-time act of registering through the right link. Casual traders save less in absolute terms, but the percentage is identical.