A 10% trading-fee discount means the discount is calculated against the applicable trading fee.

For example, if an eligible transaction has a $10 trading fee, a 10% discount would represent a $1 reduction, leaving an approximately $9 fee.

Similarly, if the applicable trading fee is $20, a 10% reduction would equal $2, resulting in approximately $18.

These examples are for illustration only. Actual fees can vary according to the asset, transaction type, trading volume, and applicable Fomo fee structure.

What Does “For Lifetime” Mean?

The Fomo referral offer associated with REBATE is advertised as a lifetime trading-fee discount. This generally means the benefit is intended to remain associated with an eligible account for the duration specified by the referral programme.

However, “lifetime” should not be treated as an unconditional guarantee that the promotion can never change. Promotional terms, eligibility rules, and platform fee structures may be updated.

For this reason, users should review the current terms when registering and check the actual fee information after the referral has been applied.

Who Can Use the REBATE Code?

The advertised REBATE promotion is generally presented for eligible users creating a new Fomo account.

If you already have an account, do not assume that the referral code can be added later. Some referral programmes attach the referral relationship at the time of registration.

Before creating an account, make sure the code is entered at the appropriate stage and that the promotional benefit is displayed or confirmed.

You should also avoid creating duplicate accounts solely to obtain a referral promotion if that would conflict with the platform's terms.

How Can You Check the Discount?

After registration, review the fee information available in your Fomo account.

When you are preparing to make a transaction, check the fee displayed before confirming the trade. This provides a practical way to determine the cost associated with the transaction.

If the expected 10% discount does not appear, do not assume it will be applied retroactively. Instead, review the current referral terms or contact Fomo support for clarification.

The fee shown by the platform should take priority over claims made by third-party websites about a referral code.

Benefits of Using a Referral Code

If the REBATE promotion is available and you are eligible, using the code may provide several potential advantages.

These can include:

• A potential 10% reduction on eligible trading fees.
• Lower transaction costs over multiple trades.
• A simple referral-code process during account registration.
• Potential long-term savings if the advertised lifetime promotion applies to your account.

The actual financial benefit depends on your trading activity. A person who makes only a few trades may save relatively little, while someone with greater trading activity could see the savings accumulate over time.

Things to Consider Before Trading

A trading-fee discount can reduce transaction costs, but it does not remove the risks associated with cryptocurrency markets.

Crypto assets can experience significant price movements, and trading losses can be much larger than any savings received through a fee promotion.

Before trading, consider the complete fee structure, supported assets, liquidity, withdrawal conditions, account requirements, and security information.

You should also understand the difference between a trading-fee discount and cashback. A fee discount reduces the applicable charge, while cashback programmes may work differently.

Most importantly, do not make a trading decision solely because a referral discount is available.