Gate's promotional campaigns can use multiple qualifying activities.

A recent official campaign, for example, offered rewards based on deposits and trading, with users required to complete particular tasks to unlock the applicable benefits.

Other Gate campaigns have required new users to complete KYC, make a qualifying deposit and conduct a first spot trade.

This means the advertised 118 USDT should not automatically be interpreted as a signup payment. The actual reward can depend on the campaign rules active when your account is created.

Who Can Use the Gate Referral Code?

Referral-code eligibility can vary depending on the specific promotion.

The offer is generally intended for users who are creating an eligible new Gate account. Additional requirements may include:

• Completing account registration.
• Completing identity verification where required.
• Entering or binding the referral code correctly.
• Making a qualifying deposit.
• Completing specified trading tasks.
• Meeting campaign deadlines.
• Being located in an eligible jurisdiction.

Gate's referral programme documentation states that rewards can be subject to eligibility and verification requirements, and qualifying tasks determine the applicable reward.

Things to Check Before Signing Up

Before relying on the VFLDULBFBQ promotion, check the current terms shown by Gate.

Pay particular attention to:

• Whether the 20% fee discount is currently active.
• Which trading products qualify for the discount.
• Whether the 118 USDT reward is available in your region.
• Whether KYC is required.
• Deposit requirements.
• Trading-volume requirements.
• Reward expiry periods.
• Whether rewards are issued as USDT, vouchers or another promotional format.

Gate's campaigns can have limited participation periods and reward pools. Its official promotions also state that rewards may be subject to availability.

Does the Referral Code Reduce Trading Costs?

If the stated 20% discount is successfully applied to eligible transactions, it can reduce the trading fees charged on those transactions.

The actual saving depends on how much you trade and the applicable fee rate. A higher trading volume can result in a larger absolute fee saving, although it also means taking on greater trading activity.

The referral discount should therefore be viewed as a fee reduction rather than a reason to trade more frequently.

How to Check Whether the Code Worked

After registration, review your account's referral or rewards information.

Look for confirmation that the referral relationship has been recorded and check whether the relevant fee discount or promotional reward is displayed.

Gate's referral documentation notes that referral data may take time to update and that rewards are issued after qualifying tasks have been completed and verified.

If the code does not appear to have been applied, checking the referral status before making a qualifying deposit or trade can help avoid confusion.

Final Thoughts

The Gate Exchange referral code “VFLDULBFBQ” is promoted as providing 20% off trading fees and the opportunity to claim up to 118 USDT in welcome rewards.

If you are considering joining Gate, enter the referral code during the supported signup process and review the current rewards available in your account.