Analysis Guide

BloFin Referral Code 2026: Maximum Fee Discount & Country Availability

Use BloFin referral code VIP20 for a 20% fee discount on all spot and futures trades. Find out if BloFin is available in the US, which countries are restricted, and how it compares to WEEX and MEXC for no-KYC trading.

Updated March 6, 2026

Looking for a working BloFin referral code in 2026? The code VIP20 gives you the maximum available fee discount — 20% off every spot and futures trade, permanently. No expiration, no strings attached.

This guide covers exactly how to apply the code, what fees you will actually pay, whether BloFin works in the US, and which countries are restricted.

Best BloFin Referral Code (2026)

The best BloFin referral code right now is VIP20. Here is what it gives you:

BenefitDetails
CodeVIP20
Discount20% off all trading fees
Applies ToSpot + Futures (all pairs)
DurationPermanent (lifetime of your account)
Stacks with VIP?Yes — discount applies on top of VIP tier rates
Sign-Up LinkBloFin with VIP20 Code

This is the maximum referral discount BloFin offers. Some codes floating around give 10% or even 5%. VIP20 is a verified partner code that locks in the full 20%.

How to Use the BloFin Referral Code

Follow these steps to make sure the discount is applied correctly:

Step 1: Visit the Sign-Up Page

Go to BloFin through our referral link. The code VIP20 will be pre-filled automatically.

Step 2: Create Your Account

Enter your email address or phone number and set a password. BloFin requires no KYC — you will not be asked for ID, selfies, or proof of address.

Step 3: Verify the Code is Applied

If the code field is not pre-filled, enter VIP20 manually in the referral/invitation code box before clicking “Sign Up.” You cannot add a referral code after registration.

Step 4: Deposit and Trade

BloFin accepts crypto deposits only (no bank transfers or credit cards). Send USDT, USDC, BTC, or ETH via any supported network (Ethereum, Arbitrum, Optimism, BSC, Solana, and others). Your 20% fee discount kicks in on the very first trade.

Important: The referral code must be entered during registration. Once your account is created without a code, there is no way to retroactively apply one. If you already have a codeless account, create a new one with a different email.

BloFin Fee Discount with Referral Code

Here is exactly what you pay with and without the VIP20 code:

Standard vs. Discounted Fees

Fee TypeStandard RateWith VIP20 (20% off)
Spot Maker0.0200%0.0160%
Spot Taker0.0500%0.0400%
Futures Maker0.0200%0.0160%
Futures Taker0.0500%0.0400%

Real Dollar Savings (Per $100K Traded)

Trading StyleWithout CodeWith VIP20You Save
Maker only (limit orders)$40.00$32.00$8.00
Taker only (market orders)$100.00$80.00$20.00
Mixed (limit in, market out)$70.00$56.00$14.00

For an active trader doing $500K in monthly volume, that translates to $70—$100 saved per month, or roughly $840—$1,200 per year — just from entering a code at sign-up.

For a deeper dive into how maker and taker fees work and why limit orders save you money, see our Maker vs. Taker Fees Explained guide.

Is BloFin Available in the US?

Yes. BloFin is one of the few exchanges that openly accepts US-based users. Here is what you need to know:

  • No KYC required — You do not need to submit a US ID, SSN, or proof of address. Sign up with just an email.
  • No IP blocking — BloFin does not block US IP addresses. You do not need a VPN to access the platform.
  • Crypto deposits only — Since BloFin does not handle fiat currency, it sidesteps many US banking regulations. You deposit and withdraw in crypto.
  • Tax responsibility is yours — BloFin does not report to the IRS. US users are legally responsible for reporting their own crypto gains. Keep your own trading records.

Disclaimer: While BloFin does not restrict US users, trading crypto derivatives may not be fully regulated under US law. BloFin is not registered with the CFTC or SEC. Use at your own discretion and consult a tax professional for reporting obligations.

BloFin’s accessibility for US traders is a significant advantage. Most major exchanges (Binance, OKX, Bybit) either block US users entirely or require strict KYC that many American traders prefer to avoid. For a broader guide on trading without identity verification, see our No-KYC Trading Guide.

BloFin Restricted Countries

While BloFin is permissive compared to most exchanges, it does restrict users from certain sanctioned jurisdictions. Based on BloFin’s terms of service, the following countries and regions are restricted:

  • OFAC-sanctioned countries: Cuba, Iran, North Korea, Syria, and the Crimea, Donetsk, and Luhansk regions of Ukraine
  • Other restricted jurisdictions: Myanmar, and any jurisdiction where derivatives trading is explicitly prohibited by local law

BloFin does not restrict the following countries that many competitors block: the United States, Canada, the United Kingdom, Australia, Japan, and most of the EU.

Because BloFin does not enforce KYC, geographic restrictions are primarily based on IP detection. Enforcement is lighter than on KYC-required exchanges. However, users from sanctioned countries should be aware that violating these terms could result in frozen funds.

BloFin vs WEEX vs MEXC: No-KYC Comparison

For traders who want to skip identity verification, these three exchanges are the top contenders in 2026. Here is how they compare:

FeatureBloFinWEEXMEXC
KYC RequiredNoNoNo
US UsersYesYesYes
Our Referral CodeVIP20 (20% off)discount35 (35% off)See MEXC page
Spot Maker Fee (w/ code)0.0160%0.0130%0.0000%
Futures Maker Fee (w/ code)0.0160%0.0130%0.0000%
Futures Taker Fee (w/ code)0.0400%0.0390%0.0200%
Daily Withdrawal (No KYC)20,000 USDT20,000 USDT30 BTC
Supported Assets200+200+2,000+
StrengthsCopy trading, clean UI, US-friendlyDeep futures liquidityMassive coin selection, 0% spot fees

When to choose BloFin: You want a clean, focused platform for perpetual futures and copy trading with no KYC. The UI is polished and beginner-friendly.

When to choose WEEX: You are a high-volume futures trader who wants the deepest discount (35% off) and strong liquidity on major pairs.

When to choose MEXC: You want the widest selection of altcoins and zero spot trading fees. MEXC’s 30 BTC daily withdrawal limit is also far higher than the competition.

For a full breakdown of all no-KYC options, see our Best No-KYC Crypto Exchanges page.

Frequently Asked Questions

What is the best BloFin referral code in 2026?

The code VIP20 gives you the maximum 20% discount on all trading fees. It is a verified partner code and applies permanently to your account.

Can I add a referral code after signing up?

No. BloFin only allows referral codes during registration. If you signed up without one, you will need to create a new account with a different email address.

BloFin is not registered with US regulatory agencies (CFTC, SEC), but it does not block US users and does not require KYC. Trading on BloFin from the US is not explicitly illegal, but it exists in a regulatory gray area. You are responsible for your own tax reporting.

Does BloFin require KYC?

No. BloFin allows full trading, deposits, and withdrawals up to 20,000 USDT per day without any identity verification.

What are BloFin’s fees with the VIP20 code?

With VIP20, you pay 0.016% maker and 0.040% taker on both spot and futures — a 20% reduction from standard rates.

Is BloFin safe?

BloFin has a trust score of 8.2/10 on our platform. It offers proof of reserves, 24/7 customer support, and has not experienced any major security incidents. However, as an unregulated offshore exchange, it does not offer the same legal protections as a licensed platform. Never store more funds on any exchange than you can afford to lose.

What countries are banned from BloFin?

BloFin restricts users from OFAC-sanctioned countries: Cuba, Iran, North Korea, Syria, and the Crimea/Donetsk/Luhansk regions of Ukraine. Most other countries, including the US, are accepted.

Emily Thompson
Written by
Emily Thompson
Senior Editor & Compliance
James Anderson
Fact-checked by
James Anderson
Lead Crypto Analyst
Published: March 6, 2026
Updated: March 6, 2026
Why trust this author?

Emily spent 6 years as a compliance officer at a major Wall Street investment bank before joining CryptoFeeDiscount. She ensures all our content meets regulatory standards and fact-checks every claim. Her institutional background brings rigorous accuracy to our reviews.

✓ Ex-Wall Street Compliance Officer ✓ Series 7 & 66 Licensed ✓ FINRA Arbitrator ✓ Law School Graduate