Q: What is the source of commission?
Q: Which trades generate commission?
Q: How do I withdraw commission?
Q: What is the commission settlement currency?
Q: How is commission calculated?
Q: How is indirect referral commission calculated?
Q: How is API commission calculated?
Q: Does a VIP user's fee discount affect their referrer's commission?
Q: Do crypto and non-crypto assets have different commission ratios?
Q: When is the commission paid out?
Q: How to check commission distribution details?
Q: What is the difference between commission and rebate?
Q: What are the commission and rebate policies for main accounts and sub-accounts?
Q: How do I set the rebate ratio?
Q: When will the adjusted commission/rebate ratio become effective?
Q: Why did I stop receiving friend rebates? / What is the validity period for friend rebates?
Q: What is the source of commission?
Q: Which trades generate commission?
Example:If user A uses a 10 USDT bonus to trade and the trading fee is 0, then this trade will not generate commission.
Q: How do I withdraw commission?
- Confirm the commission has been credited: The previous day's commission is settled between 00:00 and 03:00 (UTC+8) the following day. After settlement, you can check it in your Fund Account.
- Withdraw: Log in to BingX → Fund Account → Withdraw, then select the corresponding currency to withdraw.
Q: What is the commission settlement currency?
- USDT-M Futures / Spot: Commission is paid directly from trading fees on a proportional basis, and the settlement currency is USDT.
- Coin-M Futures (e.g., BTC-margined): Commission currency = The currency of the trading fee paid by the referee for the trade. For example, if your referee trades BTC-margined futures and pays the fee in BTC, the commission you receive is also in BTC, and it will not be automatically converted to USDT.
- Traditional financial products (such as stocks or gold): Fees are converted to USDT for settlement.
Q: How is commission calculated?
ExampleLet's assume the commission ratio and referral relationship are as shown in the diagram, where A --> B represents A referred B:A (Commission Ratio 40%) --> B (Commission Ratio 30%) --> C (Trading User Who Generated 100 USDT Trading Fee)C trades and generated a 100 USDT trading fee.Then, B will get: 100 x 30% = 30 USDT; while A will get 100 x (40% - 30%) = 10 USDT.
ExampleLet's assume the commission ratio and referral relationship are as shown in the diagram, where A --> B represents A referred B:A (Commission Ratio 40%) --> B (Perpetual Futures Trading Fee Discount 10%)If B trades Perpetual Futures, the original expected trading fee was 100 USDT; since B enjoys a 10% fee discount, the actual trading fee generated is 90 USDT.Then, A can earn a commission of: 90 USDT x 40% = 36 USDT
ExampleLet's assume the commission ratio and referral relationship are as shown in the diagram, where A --> B represents A referred B:A (Commission Ratio 40%) --> B (Trading Fee Rebate 10%)B generates 100 USDT in trading fees and has a trading fee rebate of 10%.Therefore, B can get a rebate of: 100 x 10% = 10 USDT.And A's Commission: 100 x (40% - 10%) = 30 USDT
Q: How is indirect referral commission calculated?
Example:A (40%) → B (30%) → C (end user)C's trade generates 100 USDT in fees:
B's commission: 100 USDT × 30% = 30 USDT A's commission: 100 USDT × (40% − 30%) = 10 USDT
Q: How is API commission calculated?
Example: If referrer A is at 65% -- B at 60% -- C at 45% -- D, and D generates 100 USDT in fees through API trading, how much commission does A, B, and C receive respectively?Since B's 60% exceeds 50%, B's commission ratio is capped at 50%. B's referrer, namely A, receives an extra 5% platform reward. If A also has referrers, A and A's referrers split the 5% evenly.
A: 5 B: 5 = (50% − 45%) × 100 C: 45 = 45% × 100If A has a referrer, A and A's referrer each get 2.5 = (5% × 100) / 2. If B has 5 referrers above, those 5 referrers evenly split the 5% (5% / 5 = 1%).
Q: Does a VIP user's fee discount affect their referrer's commission?
ExampleLet's assume the users' commission ratio and referral relationships are as follows, where "A → B" means A referred B:A (commission ratio 40%) → B (commission ratio 30%) → C (trading user)When user C is a regular user, the crypto perpetual futures taker fee rate is 0.05% and the maker fee rate is 0.02%. When C generates 1,000,000 in crypto perpetual futures trading volume as a maker,B can receive 1,000,000 × 0.02% × 30% = 60 USDTA can receive 1,000,000 × 0.02% × (40% - 30%) = 20 USDTWhen user C is a VIP1 user, the crypto perpetual futures taker fee rate is 0.04% and the maker fee rate is 0.014%. When C generates 1,000,000 in crypto perpetual futures trading volume as a maker,B can receive 1,000,000 × 0.014% × 30% = 42 USDTA can receive 1,000,000 × 0.014% × (40% - 30%) = 14 USDT
Q: Do crypto and non-crypto assets have different commission ratios?
Let's assume the referral relationship and commission ratio are as follows (A → B means A referred B):A (commission ratio 40%) → B (commission ratio 30%) → C (trading user)
Scenario 1: C generates 1,000,000 in trading volume as a maker, with the trading product/type being crypto perpetual futures.
B can receive 1,000,000 × 0.02% × 30% = 60 USDT A can receive 1,000,000 × 0.02% × (40% - 30%) = 20 USDT
Scenario 2: C generates 1,000,000 in trading volume as a maker, with the trading product/type being TradFi perpetual futures.
B can receive 1,000,000 × 0.0030% × 30% = 9 USDT A can receive 1,000,000 × 0.0030% × (40% - 30%) = 3 USDT
Q: When is the commission paid out?
Q: How to check commission distribution details?
Q: What is the difference between commission and rebate?
A:
Commission: This refers to the portion of the trading fees generated by users you referred, which is rewarded to you by the platform based on the commission ratio (as a promotional incentive).
Rebate: This refers to a type of discount offered to users, where the platform returns a portion of trading fees to the user based on the rebate ratio (as a trading incentive).
Calculation Method: Your commission income will be based on the net actual trading fees paid by your referees (i.e., total trading fees minus the amount already rebated).
Q: What are the commission and rebate policies for main and sub-accounts?
A: The commission and rebate rules for main and sub-accounts are as follows:
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Commission Rules:
- Only the main account can receive commissions from referred users
- Sub-accounts are not independently eligible for commissions.
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Commission Base:
- Regardless of whether the trading fees were generated by the main or sub-account, they will be combined into the commission base.
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Rebate Rules:
- The rebate ratio for sub-accounts is the same as for the main account.
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The rebate earned by a sub-account will be distributed to the Fund Account of the main account on T+1 day.
Q: How do I set the rebate ratio?
Q: When will the adjusted commission/rebate ratio become effective?
A: The adjusted ratio will become effective on the following day (T+1), and will be uniformly used to calculate the commission/rebate for the entire previous day (T day).
Specifically, the system will update at around 2:00 AM (UTC+8) on the following day, and the effective ratio at that time will be used to settle all related transactions from 0:00 to 24:00 of the previous day.
For example:
- At 8:00 AM on December 4, the ratio is increased from 10% to 20%.
- Then, all trades on December 4 will have commission/rebate calculated at 20%.
- Settlement results can be viewed after 2:00 AM on December 5.
Q: Why did I stop receiving friend rebates? / What is the validity period for friend rebates?