What is Backcom? What is Backcom OKX?

Backcom is short for Back Commission, a trading fee rebate program applied by forex and crypto exchanges for traders through the exchange’s IBs (Affiliate Partners).

Backcom OKX is simply the backcom program of the OKX cryptocurrency exchange. With Backcom OKX, traders who are trading on the exchange will be refunded a portion of their trading fees through the IB that the trader is linked to.

If you register to receive OKX backcom via Backcom101.io, traders will receive the maximum backcom rate, up to 50% of trading fees.

For example, a trader buys 1 BTC on OKX, with the current BTC price at 100.000 USDT. The trading fee for a Tier 1 account (the lowest tier for new traders opening an account) is 0.1%. Thus, the trading fee the trader pays to the exchange is 100 USDT. By registering to receive backcom through Backcom101.io, the trader will be refunded 50% of the fee, meaning 50% of 100 USDT is 50 USDT, so the actual trading fee paid for this BTC buy order is only 50 USDT.

Why should you receive OKX backcom?

Instead of paying up to 100 USDT in trading fees for a 1 BTC buy order, you only pay 50 USDT, saving 50% in fees—by no means a small number. If you trade with large volume, accumulated backcom will be a very large amount of money. That is the most obvious benefit of OKX backcom. With this backcom money, you can reinvest capital to trade or withdraw it at any time.

Moreover, setting up backcom does not affect any other trading issues; it does not affect order matching, prices, or account security, so you can be completely confident setting up backcom.

And most importantly, whether you trade at a profit or a loss, you still receive backcom. Therefore, there is no reason to refuse receiving backcom if you intend to pursue long-term trading.

How to register to receive 50% backcom on OKX trading fees

If you are a new trader and have not traded on OKX yet, you must open an OKX account first, then trade to receive backcom.

Case 1: You don’t have an OKX account yet

Step 1: Click Backcom101.io’s OKX account registration link. If you register directly on the exchange’s website, your account will be automatically linked to a random IB, with no guarantee that the IB is running a backcom program or that the IB is a high or low tier. Therefore, you must click Backcom101.io’s registration link to receive maximum backcom.

Step 2: On OKX’s homepage, click the Sign Up button

Step 3: Use your email address to register an account and create a password for the account. In Step 1, if you register via the link, you will see Backcom101.io’s referral code automatically pre-filled in the form. If you go directly to OKX, you must enter this code in the Referral code field: 46422153

Step 4: Continue completing the remaining account registration steps.

Step 5: On your OKX personal account page, click the Verify Now button and follow the instructions to complete the account verification process.

Step 6: Deposit funds into your account and trade to receive 50% backcom on OKX trading fees.

Case 2: You already have an OKX account

If you already have an OKX account and are trading on the exchange but have not received backcom, you must switch your IB to Backcom101.io to receive the maximum backcom rate of 50% of trading fees.

Step 1: Click the IB transfer link. Then, use the email you registered your OKX account with to log in to this IB transfer form.

Step 2: Log in to your OKX account to get your UID and take a screenshot of your OKX profile to fill in the IB transfer form in Step 1.

On your OKX personal account page, switch to the Information section.

Here, do 2 actions:

• Click the Copy User ID button (this is your UID).
• Take a screenshot of this page and save it to your device.

Step 3: Go back to the IB transfer form.

Here, follow these steps in order:

• Tick the Save email checkbox.
• Paste the copied UID into the Your UID field.
• Copy the Affiliate Inviter Code:  and paste it in as shown in the guide image below.
• Click Add file to upload the screenshot of your OKX profile.
• Click Submit to complete the form.

This request will be reviewed by the exchange at 22:00 every Friday, and the exchange will send a notification to your email.

Step 4: If the request is rejected, you must use a different email and phone number to open a new OKX account following the steps in Case 1.

After successfully opening a new account or after the exchange approves the IB transfer, deposit funds into your account and start trading to receive the exchange’s backcom.

How the OKX backcom mechanism works

Backcom101.io is currently OKX’s highest-tier partner, so the commission that Backcom101.io receives from the exchange is the highest, and Backcom101.io will refund 100% of this commission to you. Specifically, the backcom rebate rate at OKX applies the same to both Spot and Futures trades, both at the highest level, which is 50% of trading fees. However, the way you receive backcom includes 2 forms as follows:

• For accounts newly opened via Backcom101.io’s link: 20% rebated immediately after opening a position, and the remaining 30% rebated automatically on the 1st of each month via UID.
• For existing accounts that switched the IB/ref link: 50% rebated automatically on the 1st of each month via UID.