The Phemex referral code is a special promotional code that new users need to enter when joining the Phemex platform to gain extra referral rewards. It is a way for the exchange to welcome newcomers with bonuses, such as free trading funds or fee discounts. The best Phemex referral code is IUIHR7, which allows you to earn a $4,800 sign-up bonus and 20% off trading fees.
Phemex is the best crypto exchange launched in 2019 and is based in Singapore. The platform offers fast, secure trading for over 460 crypto pairs, including spot and futures markets with up to 100x leverage. It is best for low fees, high-speed performance, and user-friendly trading tools.
This guide will explain what the Phemex invite code is and how to register a phemex account using the IUIHR7 invitation code and claim your sign-up bonuses.
What Is The Phemex Invite Code?
The Phemex invite code is a special promo code that new users can use when signing up on the Phemex platform. It gives you extra benefits like welcome bonuses or discounts on your trading fees. This referral code is generally shared by existing platform users to invite others and earn a commission.
The best Phemex invitation code is IUIHR7, which offers you a $4,800 free crypto sign-up bonus and a 20% trading fee rebate for a lifetime. New users can easily start trading with extra funds and lower trading costs just by using this Phemex promo code.
| Type of Platform | Crypto Exchange and Trading Platform |
| Phemex Referral Code | IUIHR7 |
| Sign-up Bonus | Up to $4,800 welcome bonus |
| Trading Fee Discount | Up to 20% Rebate |
| Referral Program | Earn up to 50% by inviting friends |
| KYC Required | Yes (Mandatory) |
Register with our Phemex invite code to instantly secure a $4,800 crypto bonus and a lifetime 20% trading rebate!
Why Should You Use Our Phemex Referral Code?
You should use our Phemex referral code because it will provide you with valuable welcome benefits when you sign up on the Phemex cryptocurrency trading platform. Specifically, our invite code, IUIHR7, will give you a $4,800 free crypto sign-up bonus and a 20% off trading fee for life. This means you can easily start with more funds to trade crypto and Bitcoin and pay less in fees, which results in saving you more money over time.
How To Get a Phemex Bonus?
You can get a Phemex bonus by completing three simple tasks: using the IUIHR7 referral code, basic tasks, and challenge tasks.
- Using the IUIHR7 Referral Code
You can simply use the CNJ referral code IUIHR7 when registering a new account on Phemex and earn up to a $4,800 sign-up bonus and 20% trading fee discount.
- Basic Tasks
You can complete some basic trading tasks to get a Phemex bonus. This includes copy trading to get a $5 futures voucher, mock trading, and using trading bots. For doing basic tasks, you will get futures trading cashback vouchers. (check screenshot below).
- Challenge Tasks – Deposit & Trading Volume Tasks
Phemex offers a welcome bonus of up to $4,800 USDT for completing certain tasks such as identity verification, first-time deposit, and starting crypto trading. You will also earn a mystery box by completing one of these challenges. Here is how you can get this bonus:
| Tasks | Bonuses |
| Complete identity verification | 10 ~ 1,200 USDT |
| Complete your first deposit of ≧ 50 USDT | 5 ~ 1,500 USDT |
| Complete your first spot/futures trade of ≧ 100 USDT | 5~2,100 USDT |
Sign up with the Phemex referral code to earn up to $4,800 crypto bonus and enjoy lifetime trading fee rebates up to 20%!
What Are The Terms & Conditions for Using a Phemex Coupon Code?
Here are the terms and conditions for using a Phemex coupon code:
- You need to complete the advanced KYC identity check to perform all these tasks and claim your welcome rewards. Without this, you will not be able to claim anything.
- Welcome Rewards can be different things, such as trial funds or cashback vouchers. What you get depends on what tasks you do, and they keep adding new reward types.
- Challenge tasks must be completed within 30 days of signing up. Rewards are only valid for 30 days too, and if you miss this deadline, of course, you will lose them.
- Basic tasks must be completed within 7 days to get rewards, and you need to claim these rewards also within 7 days.
- Do not cheat by creating multiple accounts, manipulating the market, or trading with yourself. If you are caught, your account will be banned.
How to Register a New Phemex Account Using the IUIHR7 Invitation Code?
To register a Phemex account using the IUIHR7 invitation code, you need to create an account using a referral code, complete KYC verification, deposit funds, start trading, and then claim the sign-up bonus.
Step 1: Create a Phemex Account Using the Referral Code
You need to create your Phemex account first, and using the referral code IUIHR7 will unlock exclusive sign-up bonuses. First, open the Phemex website, or alternatively, you can download the Phemex mobile app from the Google Play Store or Apple App Store. Now, go to the “Sign Up” button and click this button to start the registration process.
You have to provide a valid email address that you actively use along with a strong password. Below these fields, you will also see one optional section labeled “Invitation Code,” and this is where the IUIHR7 code you need to enter. Carefully type the exact “IUIHR7” code into this box to ensure you qualify for the welcome bonus.
Use our exclusive Phemex referral link below—get a $4,800 bonus and permanent 20% off your trading fees!
After filling in all these details, click the “Create Account” button. The system will then send a verification email. Check your inbox, find the email from the Phemex exchange, and enter the six-digit code provided into the registration form.
Step 2: Complete KYC Verification
KYC is a mandatory requirement that the exchange enforces to unlock full account features, such as trading, withdrawals, and bonus claims. So, click your profile icon, and a drop-down menu will show up. From this menu, select “Identity Verification” to start verifying your account.
You will enter your full legal name, date of birth, and country of residence as the form requests. Next, the platform asks you to upload a government-issued ID, it can be a passport, driver’s license, or national ID card. The exchange might also require a selfie of you holding your ID alongside a handwritten note that shows the current date for extra security. Submit all these materials, and the verification team will review them. It typically takes a few hours.
Step 3: Deposit Funds and Start Trading
Now, as your account is fully verified, you can easily deposit funds into your Phemex wallet and start crypto trading. You should select “Deposit” from the menu. The exchange supports multiple cryptocurrencies, so choose the currency you want to deposit, and the platform will generate a unique wallet address for that coin.
Copy this address carefully, then go to your external crypto wallet or another exchange where your funds are stored. Paste the address, send the desired amount, and wait. Also, deposits are usually free.
Now that your account has funds, you can instantly start trading. You need to go to the “Markets” section, which is also on the main menu. The platform offers two key trading types: spot trading and futures (perpetual contracts).
For spot trading, select a trading pair like BTC/USDT, enter the amount you wish to buy or sell, and execute the trade at the market price. For futures trading, you must switch to the “Futures” tab, pick a pair such as BTCUSDT, and set your leverage; you can use up to 100x leverage. Next, place your order. Also, if you’re looking for some trading signals, check out our article on the best crypto signals Telegram groups.
Step 4: Claim Your Phemex Bonus
The last step is to claim your free crypto sign-up bonus. You have to navigate to the “Promotions” tab and choose “Rewards Hub”. Here, you can claim your entire $4,800 bonus as you complete the required tasks and conditions.
Can I withdraw the Phemex bonus?
No, you can not withdraw the Phemex referral code sign-up bonus you earned directly. You can only use this bonus for activities like opening new trading positions, paying fees, or covering losses in futures, but the platform does not allow you to transfer it to your spot wallet or withdraw it as cash. However, any profits you earn from trading with this referral bonus are yours to keep and withdraw.
Phemex overview
Phemex is a cryptocurrency exchange founded in November 2019 by some of the former Morgan Stanley executives, and it is based in Singapore. It offers a platform for trading digital assets, and you can trade over 460 crypto pairs, such as Bitcoin and Ethereum, with up to 100x leverage on perpetual contracts. The exchange charges a very low fee, 0.1% for spot trading.
The platform has advanced tools for trading, like demo trading, copy trading, and a Learn and Earn program. It also offers some passive income-earning options, such as savings accounts and staking through its Launchpool. The exchange currently offers services to over 5 million users globally, but there are some restricted regions, including the U.S. and the UK, due to regulations. You can read our in-depth Phemex review for more information.
Why Choose Phemex For Cryptocurrency Trading?
The reasons you should choose Phemex for cryptocurrency trading are multiple supported cryptocurrencies, high security, advanced trading features, and competitive trading fees.
- Multiple supported cryptocurrencies: Phemex supports over 460 spot trading pairs and 400+ futures trading pairs. You can trade popular crypto assets like BTC, ETH, SOL, and many new altcoins and meme coins. If you are looking to buy some new coins, check out our guide on the best crypto presales to invest in.
- High Security: Phemex is one of the safest crypto exchanges, with multiple safety measures such as 2FA, passkeys, anti-phishing code, withdrawal address whitelisting, and advanced data encryption.
- Advanced trading features: Phemex is also best for offering advanced trading tools like futures trading, copy trading, trading bots, mock trading, and P2P trading. There are multiple passive income options, such as fixed/flexible staking and launchpool, to earn new project tokens.
- Competitive trading fees: Phemex charges only 0.1% maker/taker fees, which are very competitive and aligned with top crypto exchanges like Binance and Bybit.
Use our Phemex referral code now—grab a $4,800 welcome bonus plus a permanent 20% trading fee discount!
What Is The Phemex Referral Program?
The Phemex Referral Program is a rewarding opportunity that the exchange provides for users to invite friends to its cryptocurrency trading platform. When you register, the system assigns you a unique referral link or code to share with others. Your friends must use this link to sign up, complete the advanced KYC verification process, and reach a trading volume of at least 100 USDT in either spot or derivatives markets within the last 30 days.
As the inviter, you can earn significant rewards in two ways. First, you are going to share a $66,000 monthly prize pool for each friend who qualifies. Second, you can claim commissions up to $9,000 based on the total trading volume your invitees achieve across 30 days. Phemex also offers an affiliate program for Key Opinion Leaders (KOLs), where you can easily earn up to 50% commission on trading fees.
How Do I Withdraw Funds From The Phemex Referral Program?
You don’t need to manually withdraw your funds from the Phemex referral program earnings. The exchange generally calculates your referral rewards monthly and credits them to your account before the 15th of the following month. The withdrawal process is automatic, and you don’t need to do anything extra.
