How does a MEXC referral code turn into a payback?

What the referral code actually sets

Creating a MEXC account through a referral code doesn't change MEXC's fee schedule — the standard futures rates (0.01% maker / 0.04% taker) apply regardless of which code you use. What the code decides is referral attribution: who MEXC pays an ongoing commission to, drawn from your trading fee revenue, for as long as the account trades. This binding happens once, at account creation.

Two payers, one combined payback

MEXC's referral system pays part of that commission straight into the referred account, while loweef — as the referral partner — adds a further daily payback on top, settled in USDT to your loweef balance. Together, on MEXC that currently adds up to 55% of every trading fee, with no volume minimum:

Why this is different from a plain promo code

A typical promo code gives a one-time welcome perk, while the underlying commission stream goes entirely to whoever owns the code. A rebate partnership like loweef's routes most of that ongoing commission back to the trader instead — referral code vs fee rebate platform, in full →

If your MEXC account already exists

Attribution is set once, at sign-up, and MEXC doesn't offer a way to add a code retroactively through the app. Why a MEXC referral code stops working after the account already exists →

Figures are estimates based on published fee schedules and loweef's current partner rate; actual results vary with maker/taker mix, and rates can change prospectively.