Phemex Referral Code August 2025: ICDQD9 for $4800 Sign-Up Bonus & Trading Perks

If you are a crypto user looking for a secure crypto exchange that offers very generous bonuses, then Phemex should be on your radar. Phemex is a leading crypto exchange with many advanced trading tools, a huge variety of tokens, and competitive sign-up bonuses.

The best Phemex referral code for August 2025, ICDQD9, offers new users a generous $4,800 welcome bonus and a 30% discount on trading fees. In this article, you will find everything you need to know about the Phemex referral code, its bonuses, terms and conditions, and how to maximize your trading experience on the exchange.

What is Phemex Referral Code?

The Phemex referral code is a unique code (often a combination of letters and numbers) that allows new users of the crypto exchange to receive sign-up bonuses and rewards when used. This referral code can only be used by new users when registering an account on the Phemex exchange. The rewards are put together by Phemex to help new users on their trading journeys. 

The best Phemex referral code as of August 2025 is "ICDQD9," which rewards new users with a welcome package of up to $4,800. However, it is important to point out that Phemex has created rewards and bonuses for new users and existing customers. In addition to the welcome bonus, existing users can generate their unique Phemex referral code to earn commissions by referring others to join the Phemex exchange.

Phemex Referral Bonus & Signup Rewards For Promo Code ICDQD9

By entering ICDQD9 when creating a new Phemex exchange account, users receive:

• Full Identity Verification: Users who sign up with our referral code and pass their KYC verification have a chance to win cashback vouchers of $10-1200 USDT.
• Initial Deposit/Coin Purchase: A successful deposit of at least 50 USDT gives an opportunity to get a $5-1,500 USDT spot cashback voucher.
• First-time Trade: enjoy a $5-2,100 USDT cashback voucher or trading bonus by making a spot or contract trade of $100 USDT or over.
• Trading Fee Discount: A 30 percent discount on the trading fee will also be implemented in all transactions of new users who subscribe to our referral code.
• Mystery Boxes: To get Mystery Boxes, you have to perform a list of simple tasks as a new user of the Phemex platform. The contents of a Mystery Box are randomized, but the prizes can reach up to hundreds of dollars and are all designed to help you on your trading journey.

In addition to the immediate sign-up rewards, using this referral code allows you to participate in ongoing promotions and events to earn even more rewards.

Phemex Referral Code Terms and Conditions

To use the Phemex referral code, ICDQD9, it is essential to know the terms and conditions attached in order to make sure that you get to earn your rewards. The important terms and conditions to note are:

• The welcome bonus is only available to new users who have not created accounts on the platform previously. Trying to open more than one account to self-refer is a very serious offense and will lead to disqualification and possible suspension of the account.
• Users must complete advanced KYC Identity Verification in order to finish the assigned tasks and claim rewards.
• The transaction volumes linked to bonuses and vouchers will not be calculated into the activity statistics.
• The required tasks must be fulfilled within 30 days of sign-up on the platform in order to be rewarded using the ICDQD9 referral code. This includes deposits and trade requirements.
• The Welcome Package of $4800 is not a cash deposit granted to a user immediately after their accounts have been created. Rather, it constitutes a total earned by fulfilling a sequence of activities within a limited time period, e.g., a first-time deposit and a milestone in trading volume.
• The rewards are mainly issued in the form of trading bonuses that are not withdrawable. These bonuses can be used to trade, applied to cover trading fees, or losses incurred in cases of contract trading. Notably, the money made on trades with the bonus funds is available to take as yours and to cash out.

How Do I Add A Referral Code To Phemex?

Step 1: Sign Up On Phemex Using The Invite Code ICDQD9

The first step to adding a Phemex referral code is to create an account. To do this, visit the official Phemex website, and on the top right-hand of the homepage, click on the "Sign Up" button. Finish the registration by entering your email address and a good password.

On this page, you'll see an optional field labeled "Invitation Code." Here, you will enter the code ICDQD9. But by using our Phemex referral link, the code will be automatically added when clicked.

After filling in your details, agree to the terms of service and click "Create an account and get rewards." You will receive a verification email from Phemex containing an OTP or a verification link. Open the email, copy and paste the code on your registration page or click the verification email, and your account is ready to use. Note that the registration link and OTP expire 10 minutes after they have been sent.

Step 2: Complete Phemex KYC Verification

KYC verification is mandatory for the ICDQD9 referral code; you'll need to complete an advanced identification test. To do this, log in to your Phemex account and enter the "Account." Click on the dropdown list and select the option of Identity Verification.

You will be requested to submit personal information, such as full name, date of birth, and address, and next, to upload a government-issued document (e.g., passport or driver's license) and a selfie to pass a facial recognition procedure.

It is simple, just requiring a few minutes. Approval also takes only a few hours after the necessary documents have been submitted. Completing this step within 30 days of registration is very important, as it is key to unlocking the first cashback voucher that can be worth up to $1,200.

Step 3: Deposit Funds

A portion of the Phemex welcome package is the "First Deposit" bonus. To make your first deposit on the exchange, click "Assets" or the wallet symbol in the top navigation bar, then select "Deposit."

Click on deposit crypto, and in the page that follows, select the cryptocurrency you want to deposit and your preferred network, and copy the wallet address provided.

Transfer a minimum of at least 50 USDT from your external wallet or exchange to the wallet address you copied. This will unlock a cashback voucher that can earn you up to $1,500.

Step 4: Start Trading and Claim Phemex Referral Bonuses

Once you make a deposit, you will have to make your first trade to open more bonuses related to your referral code. You can place your first trade on Phemex by going to the home page clicking on the "Markets" tab, selecting a trading pair (such as BTC/USDT) and opening a spot or contracts market position. 

Remember, the trade must be worth at least 100 USDT, and this action must be completed within 30 days of signing up to earn the full rewards attached to our referral code.

Phemex has a Welcome Rewards section where tasks you have already done (such as doing KYC, deposits, and crypto trading volume) and the bonuses that are related to them are listed. Click on "Rewards Hub" to find all your rewards.

What Is Phemex Referral Program?

After verifying your account, you can join the Phemex Referral and earn incentives and commissions for attracting users to the Phemex exchange.

How To Find My Phemex Referral Code?

To find your unique Phemex referral code, log in to the platform and follow the instructions below.

• Visit your profile page by clicking on your account name, which is generally at the top right corner of the page. 

• Choose the Invite Friends in the drop-down list.
• This will then take you to the referral section, where you can get your unique invite code.
• Here you will find your unique referral code and link.

Phemex Exchange Overview

Phemex is a Singapore-based cryptocurrency exchange founded in 2019 by a group of former Morgan Stanley executives that has rapidly positioned itself as a key player on the market. The exchange has more than 5 million users in more than 200 countries, and it is ranked as one of the top 10 crypto derivatives exchanges by trade volume.

Phemex was intended to be a hybrid exchange, which means that it has all the convenience and fast transaction speed of a centralized model but the independence and security of a decentralized exchange. This distinctive feature has struck a chord with inexperienced and experienced traders, which has made it very popular among a broad base of users.

Phemex currently provides more than 530 coins and 550 trading pairs, accompanied by a diverse set of features that ensure superb functionality for both advanced and novice traders. The Phemex platform is also user-friendly and can be used even by new users of the cryptocurrency industry. 

To more advanced traders, Phemex provides various advanced trading features such as TradingView charts, several kinds of orders, and a high-speed trading engine capable of trading at up to 300,000 transactions per second.

Phemex provides various free trading bots that use artificial intelligence and can automate your trading. This is a great way to take the emotion out of trading and ensure that you never miss an opportunity. There is also a copy trading feature on the exchange that allows you to automatically copy the trades of successful and experienced traders.

Phemex Trading Fees

Phemex has a tiered fee system with maker and taker fees during spot and contract trading. Spot trades carry a flat rate of 0.1% of the price that applies to both the maker and the taker, while maker fees on contract trading are 0.01% and the taker fees are 0.06%.

The table below shows the fee structure overview of the Phemex exchange. 

To find the entire fee structure of the Phemex exchange, click here. Phemex imposes a funding fee on contract and margin trading as well. This is a periodic payment between long and short positions involving the difference between the mark and spot prices.

There is a VIP program on Phemex whereby you enjoy a discounted-fees system depending on the traded volume. The higher your VIP level, the lower the trading fees are, and it includes 0% trading fees on the highest VIP levels.

Phemex has zero deposit fees on all cryptocurrencies. This implies you can transfer your funds to the platform at no extra cost. Most cryptocurrencies charge withdrawal fees, which differ according to the congestion of the blockchain and the amount.

Conclusion

Phemex is one of the fastest-growing cryptocurrency exchanges, which has an extensive variety of features and services, appealing to both first-time and experienced users. Its simple interface, low commissions on the trade, and attractive sign-up bonus make it clear how Phemex became so popular.

Also, using the referral code ICDQD9, you have a head start to start your trading journey with a potential sign-up incentive of up to $4,800. Phemex is definitely worth consideration in case you are searching for a modern cryptocurrency exchange with an extensive range of features and a good reward program.

FAQs

Is Phemex a safe and trustworthy exchange?

Phemex is considered to be a safe and trustworthy exchange, serving over 5 million active users in more than 200 different countries. The exchange uses a Hierarchical Deterministic cold wallet system, holds 100% of user funds in a 1:1 backed reserve, and deploys other industry-standard security tools to protect its users and their funds.

What is the best Phemex referral code of the day?

ICDQD9 is the best Phemex invitation code to use today, as you get up to $4,800 in bonus rewards and a 30% trading fee discount. In order to enjoy these bonuses, you should utilize the referral code or link when registering a new Phemex account.

How to enter a referral code in Phemex after registration?

Based on Phemex's program rules, a referral code or invitation link must be used during the registration of a new account. There does not appear to be an option to add a referral code after you have already registered.

Can I use more than one Phemex referral code?

According to the program rules on Phemex, you are permitted to use only one invitation or referral code when first registering. Because you can only use one code, it's a good idea to use the best Phemex bonus code, ICDQD9.

How do I claim my Phemex referral bonus & signup rewards?

To get the full signup reward, enter ICDQD9 or click the referral link when registering on the Phemex exchange, complete an identity verification, make your first deposit, and place your first trade within a 30-day window. 

To claim the referral bonus, you need to invite friends to join the exchange and participate in program tasks. By doing this, you can earn up to $66,000 in the prize pool every month and claim up to $9,000 in commissions.

How to change Phemex referral code?

After signing up on Phemex, it is not possible to change the referral code on your account. The referral code is unique to a Phemex account and serves as a unique identifier to track which new users are eligible for specific welcome bonuses.

Is there a limit to how many people I can refer with my Phemex code?

There is no hard limit on the number of people you can refer with your unique Phemex referral code. The Phemex referral program is designed to allow you to invite as many friends as you wish. However, you should know that the rewards you earn per referee will depend on their completion of certain tasks. 

How can I track my rewards from the Phemex referral program?

Phemex provides a centralized place for you to track and claim your rewards. Your rewards can be tracked by signing in to your Phemex account and going to the "Rewards Hub." This is where your overall dashboard of all your bonuses, vouchers, and rewards appears. 

To see referral program progress, click on the My Rewards or Referral Rewards section. In this section, you will be able to see a breakdown of the rewards that you have earned through the Phemex Referral Program.