What is Backcom? What is Backcom MEXC?
Backcom is short for Back Commission, a trading fee rebate program applied by forex and crypto exchanges for traders through the exchange’s IBs (Introducing Brokers / Affiliate Partners).
Backcom MEXC is simply the backcom program of the MEXC cryptocurrency exchange. With Backcom MEXC, 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 sign up to receive MEXC backcom via Backcom101.io, you will receive the maximum backcom rate, up to 50% of trading fees.
For example, a trader buys 1 BTC on MEXC, with the current BTC price at 100.000 USDT. The trading fee for a new account, which is by default the lowest tier on the exchange, 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 MEXC 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 MEXC 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安心 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 MEXC trading fees
If you are a new trader and have not traded on MEXC yet, you must open an MEXC account first, then trade to receive backcom.
Case 1: You don’t have an MEXC account yet
Step 1: Click Backcom101.io’s MEXC account registration link. Or visit MEXC’s homepage at mexc.com
Step 2: On the MEXC 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 mexc.com, you must enter this code in the Referral code field: 1D7MG
Step 4: Continue completing the remaining account registration steps.
Step 5: On your MEXC personal account page, click the Account Profile icon, then select Verification and proceed to verify your account following the instructions.
Step 6: Deposit funds into your account and trade to receive 50% backcom on MEXC trading fees.
Case 2: You already have an MEXC account
If you already have an MEXC account and are trading on this account but have not received backcom, you can delete the old account and open a new one, or use a new email/phone number to open an additional new account, because one KYC verification document can open 10 MEXC accounts. Then transfer funds from the old account to the new account to trade and receive backcom.
If you use a new email/phone number to open an additional new account, repeat the steps as in Case 1; you can use the same old documents for verification.
The MEXC account deletion process is very complicated, so it’s best to use a new email to open a new MEXC account.
How the MEXC backcom mechanism works
Backcom101.io is currently MEXC’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 MEXC applies the same to both Spot and Futures trades, both at the highest level, which is 50% of trading fees. And the backcom money will be automatically credited to your UID at the beginning of each month.
