GMX Referral Code

891

Are you interested in trading on a decentralized spot and perpetual crypto exchange? Look no further. GMX.io is the perfect platform that supports low swap fees and zero-price impact trades. 

In this article, we will cover everything you need to know about the GMX referral code: 891, which can save you a considerable 5% on trading fees. Plus, we’ll walk you through the unique multi-asset pool that sets GMX.io apart from other exchanges.

What is GMX?

GMX.io is a decentralized spot and perpetual crypto exchange built on the Arbitrum and Avalanche networks. It offers traders a seamless experience with low swap fees and zero price impact trades. With up to 50% leverage trading on BTC, ETH, LINK, and UNI, GMX.io has become a preferred choice for many cryptocurrency traders.

Unique Multi-Asset Pool

One of the key features that sets GMX.io apart from other exchanges is its unique multi-asset pool. This pool earns liquidity providers fees from market making, swap fees, and leverage trading. By participating in the multi-asset pool, users can maximize their earnings while contributing to the overall liquidity of the platform.

How to Use the GMX Referral Code

To take advantage of the 5% discount on trading fees offered by the GMX referral code, follow these simple steps:

1. Connect Your Wallet: Before you can apply the referral code, you need to connect your wallet to the platform. Navigate to the ‘Launch App’ section on the GMX.io website and follow the prompts to connect your wallet. GMX.io supports popular wallets like MetaMask and Coinbase Wallet.
2. Go to the ‘Referrals’ Section: Once your wallet is connected, head over to the ‘Referrals’ section on the GMX.io website.
3. Enter the Code: In the ‘Traders’ section, enter the GMX referral code: 891. This will activate the 5% discount on your trading fees.

The GMX referral code 891 works on both the Arbitrum and Avalanche networks, ensuring you can take advantage of the benefits regardless of your preferred network.

Leverage Trading on GMX.io

GMX.io offers up to 50% leverage trading on popular cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), Chainlink (LINK), and Uniswap (UNI). This allows traders to maximize their profits by trading with borrowed funds. However, it’s essential to exercise caution when trading with leverage, as it can also amplify your losses.

Margin Requirements and Liquidation

To trade with leverage on GMX.io, you need to maintain a specific margin in your account. If your account’s value falls below the required margin, you may face liquidation, which could result in the loss of your funds. Be sure to monitor your margin and adjust your positions accordingly to avoid liquidation.

Conclusion

By using the GMX referral code: 891, you can save 5% on your trading fees while enjoying the benefits of GMX.io’s unique multi-asset pool and up to 50% leverage trading. With low swap fees and zero price impact trades, GMX.io is an excellent choice for cryptocurrency traders looking to maximize their profits.