If you’re interested in decentralized crypto trading with low fees and full on-chain transparency, GMX is one of the best platforms available. By using the GMX Referral Code “SHARE”, new users can get 20% off on trading fees, helping you save money on every trade while using a fully decentralized exchange (DEX).
In this article, we’ll explain what GMX is, how the referral code works, its benefits, and how to use it step by step.
✅ What Is GMX?
GMX is a leading decentralized perpetual exchange built on Arbitrum and Avalanche blockchains. It allows users to trade with leverage directly from their own wallets, without giving custody of funds to any central platform.
GMX offers:
Perpetual futures trading
Up to high leverage (varies by market)
Zero price impact trades using oracle pricing
On-chain transparency
No account registration required
GMX is popular among DeFi traders who want CEX-like trading with DeFi security.
🎁 What Is GMX Referral Code “SHARE”?
The referral code “SHARE” is an invite code that gives new users:
✅ 20% discount on trading fees
✅ Same trading features as regular users
✅ Works on all supported markets
✅ No extra cost to use the code
This discount applies to trading fees when opening and closing positions.
💸 Why a 20% Fee Discount Matters on GMX
Since GMX is designed for active and leveraged trading, fees can add up over time.
With 20% lower fees, you get:
Lower cost per trade
Better profit margins
More efficient scalping and day-trading strategies
Higher long-term returns for active traders
For frequent traders, this can save a significant amount over months of trading.
📝 How to Use GMX Referral Code “SHARE”
Follow these steps to activate your discount:
Visit the official GMX trading platform
Connect your crypto wallet (MetaMask, Trust Wallet, etc.)
Open the Referral / Rewards section (or apply when prompted)
Enter referral code:
👉 SHARE
Confirm and start trading
Enjoy 20% off on trading fees
Your discount will be applied automatically to eligible trades.
🔐 Is GMX Safe to Use?
GMX is considered one of the safer DeFi trading platforms because:
Funds remain in your own wallet
Trades and balances are fully on-chain
Uses decentralized oracle pricing
Smart contracts are publicly verifiable
However, users should still understand:
Smart contract risks
Liquidation risks in leveraged trading
Always trade with proper risk management.
👥 Who Should Use GMX?
GMX is ideal for:
DeFi users who prefer non-custodial trading
Perpetual futures traders
Scalpers and active traders
Users who want on-chain transparency
Beginners can use GMX, but should first learn how leverage and liquidations work.
✅ Final Thoughts
Using the GMX Referral Code “SHARE” is a simple and effective way to get 20% off on trading fees while trading on one of the most popular decentralized perpetual exchanges. If you trade frequently, this discount can significantly improve your long-term profitability.
Before you start trading on GMX, make sure to apply the referral code:
👉 SHARE
and enjoy lower fees from your very first trade.
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