The Web3 landscape is more complex than ever before. But maximizing your benefits when trading doesn’t have to be.
One of the most overlooked tools on the market today is referral codes. Referral codes offer substantial benefits to users, such as reduced trading costs and additional upfront rewards.
Binance, the world’s largest crypto exchange, is a natural choice for using this tool. This comprehensive guide will walk you through everything you need to know about the Binance referral program, starting with basic concepts and expanding to advanced strategies for maximizing your benefits.
| Binance Referral Code | Discount & Benefits | Code |
|---|---|---|
| Binance Spot Referral | 20% off trading fees
100$ bonus in cashback |
WU16G8DX |
| Binance Futures Referral | 10% off futures trading fees | 38128012 |
Best Binance Referral Codes
There are several types of Binance referral codes to choose from, and the best option depends on the types of account, trades, and goals you have for your portfolio.
Spot Trading Binance Referral Code
For spot trading, our Binance referral code WU16G8DX will offer you a significant 20% discount on trading fees – significant savings compared to other codes providing 5-10% discounts.
Upon completing certain qualifying actions, you’ll also qualify for $100 in bonus cashback, further sweetening the deal.
This makes our discount code one of the best Binance referral codes on the market.
Binance Futures Referral Code
Binance futures referral codes are distinct from spot trading codes. These codes offer unique benefits applicable only to your Binance futures account.
Our unique code (38128012) offers you a 10% discount on futures trading fees, making it an attractive opportunity for those who trade futures on the Binance platform.
If you already have a Binance account, use our Binance future referral code to qualify for this discount: 38128012
What is a Binance Referral Code?
A Binance referral code is a unique code associated with your Binance account. It lets you receive benefits when you or a user you refer signs up for their own Binance account using your code.
This process is a cornerstone of Binance’s user acquisition strategy and helps in part to explain its rapid rise to dominance over the cryptocurrency exchange landscape. They’re a powerful way to incentivize all parties, and users who take advantage of the best Binance referral codes have generated serious rewards from this program.
Binance referral codes give you a direct cut from the trading fees of users who sign up using your code. New users get up to 20% off every trade they make on the platform. This discount adds up to significant savings if you trade frequently or trade with large amounts of crypto.
The program also gives a sign-up bonus, with rewards credited to your account as USDT trading fee credits. But remember, these benefits only accrue to your account after completing Know Your Customer verification and meeting other eligibility requirements.
The referral code used also determines if extra rewards on top of this base credit, and often require additional steps such as making a first deposit and completing an initial trade on the exchange.
Using your Binance referral code properly is important to maximize your benefits – the platform usually allows 14 days to finish steps like identity verification and depositing funds. After this period lapses, any potential rewards are invalidated.
This setup and time crunch benefits everyone. The person sharing a code brings in new users and is motivated to have them activate their accounts within the specified time frame. The newcomers receive early perks, and Binance gains more traders over time.
Types of Binance Referral Programs
Binance has two referral programs. Each one serves a different audience, and knowing how they’re different can help you choose the right one and get the most out of the Binance referral program.
Standard Referral Mode (Referral Pro)
This program allows existing users to earn over time by leveraging many Binance referral codes. Users of this program receive a portion of trading fees from people they invite, with referrers earning ongoing commissions from trading fees paid by their referred users across Binance’s Spot, Margin, and Futures platforms.
The structure allows for a lot of customization. Users can create up to 20 codes or links with different reward splits for various groups. This setup works well for influencers who want to use their audience effectively while offering them discounts on trading fees or users who want to test what discount schedule best resonates with their target audience.
The base commission rate on these codes is 20%, and a referrer can choose to pass on 10% of that amount to others they invite, creating a waterfall effect.
However, the commission structure changes once a referred user hits VIP 3 status – Binance wants to keep a larger share of the pie once users reach a certain caliber on the exchange.
Lite Referral Mode
The Lite Referral Mode is a more straightforward approach to the Binance referral program. It focuses on immediate rewards rather than customization. Its simplicity appeals to casual users who want to invite their friends rather than build a referral code empire.
In this mode, the referrer and the new users receive 100 USD in trade fee rebates for each successful sign-up. To qualify, new users have to register for their Binance account, complete KYC, and deposit 50 USD within 14 days of registering for the account.
This program’s simplicity is perfect for new users or those who don’t want to deal with the hassle of customizing links and ratios. However, it’s important to note that once you start using the Lite Mode in the Binance referral program, you cannot switch to Referral Pro, so choose wisely.
Both referral modes have unique advantages, and choosing which one is right for you depends on your goals, audience, and how often you plan to use the Binance referral program.
If you have a big audience and plan to take it seriously, Referral Pro is the best option. However, if you want to keep it casual and still have some friends you know will benefit from using Binance, then Lite Mode is the best option for securing quick rewards.
It’s worth noting that Binance has a strict integrity policy for both of these referral programs. Any abuse, such as using multiple accounts to farm rewards, can get you banned from the program.
Make sure to read the terms and conditions if you’re planning to use the referral code in some kind of unique way.
How to Use Your Binance Referral ID
Getting started with your Binance referral ID is as simple as following some step-by-step instructions.
Starting right can make the difference between simple success or serious confusion – take your time and make sure you have the best Binance referral code experience possible.
Step-by-Step Registration Process
- Start off by visiting the Binance website or download the Binance app on your phone. Look for the sign-up button in the top right corner of the page.
- Next, enter your email address and create a password to configure your account.
Important: Take special note of the box labeled “Referral ID (Optional).” You won’t be able to add a referral code later, so make sure you enter our referral code WU16G8DX.
- After that, agree to Binance’s terms of service and verify your email address using the code sent to your email. Note it may take a few minutes for the code to appear in your inbox.
- Then, complete the KYC (Know Your Customer) verification process by providing:
- Personal information
- A photo ID (driver’s license or passport)
- Proof of address
- A selfie for verification
- Recall that most Binance referral bonus opportunities require a minimum deposit of 50 USD, which must be deposited within the first 14 days of registration. You can deposit using crypto, a bank transfer, or a debit or credit card, so there are plenty of options at your disposal.
Common Issues and Solutions
One common issue you might face when entering a Binance referral ID is the “invalid referral code” error. To fix this, check if the code is correctly entered. Referral codes are case-sensitive, so capitalization ‒ uppercase and lowercase letters – must match exactly.
Another problem occasionally comes up when users try to add a referral code after creating an account. This cannot be changed later, so if you’re facing this issue, you’re out of luck. The only way to use a code is by making a new account with another email and entering it during registration.
The referral bonus may not appear even after following all steps correctly. In this case, check if any step was skipped accidentally, and note that KYC verification and a minimum deposit within 14 days are required for eligibility.
Once you check that these steps were completed, contact Binance support for assistance if you’re still facing an issue. Some regions have different rules, and the staff can help clarify how to fix any issues you are facing that might be jurisdiction-specific.
Understanding Binance Referral Bonuses and Rewards
The Binance referral program offers several types of rewards, and each type of bonus serves a different purpose and appeals to a different type of potential user. Knowing how they work, who they’re for, and how to leverage them can help you get the most value from the program.
Trading Fee Discounts and Rebates
Trading fee discounts are the core benefit of the Binance referral program. The platform starts with a base trading fee of 0.1% for both maker and taker orders, and using a referral code immediately cuts this fee by up to 20%.
Binance automatically applies the discount to your trading fees as you trade, so you don’t need to bother with any kind of manual activation. The automatic process simply saves you money on every trade you make.
For Futures trading, the base rebate rate is 10%. Referrers can choose how much of this to share with the people they invite as well, offering flexibility that lets referrers adjust their commission structure based on their strategy and audience.
For example, a referrer with a large audience might choose to share a larger proportion of the commission, while an influencer with a smaller, more targeted audience might want to retain a larger share for themselves. How you balance these incentives is up to you.
Sign-up Bonuses and Special Promotions
Binance referral program sign-up bonuses offer you a 100 USDT trading fee credit. To claim this credit, you’ll need to comply with the previously covered steps of registering using a valid referral code, completing KYC, and depositing a 50 USD minimum within the first 14 days of account activation. Those steps are standard fare across all of Binance’s referral programs.
Keep in mind that Binance also runs special promotions throughout the year in the form of trading competitions and special events.
Their recent Valentine’s Day promotion is one example of this kind of promotion. Some target specific regions or trading pairs that Binance wants to support or expand, while others focus on particular services like P2P trading or Futures. If these sorts of programs interest you, regularly monitor Binance’s social media as they advertise these promotional opportunities on their channels.
Commission earnings from referral programs are calculated in real time and credited to your Binance account hourly. Payment comes in whatever currency your referred users paid their trading fees in. For example, if the trader you referred uses BNB for their discount, you’ll get your commission paid in BNB.
All bonuses and rewards have specific conditions attached, and it’s essential to meet those conditions within the given timeframe. Missing a deadline or skipping a step means you’ll likely lose out on the rewards entirely, so keep track of the requirements and timelines for any promotion you’re participating in.
Binance US vs. International Referral Programs
Due to regulatory considerations, Binance operates a US-specific platform called Binance US. Binance.com is specifically for international uses, and each platform has its own distinct referral program.
Key Differences and Requirements
Binance.us does not offer a Lite or Pro mode but instead only offers a basic referral program. Verification is also more strict on Binance.us, requiring documentation and KYC before the platform even gives you a Binance US referral ID.
A Binance US referral code works just like its international counterpart when it comes to trading fee discounts, with new users getting reduced trading fees. However, US regulations mean that this is the only benefit offered by the Binance US referral code, and no additional incentives are in play.
That means that users of Binance US cannot adjust the commission rate, leaving less room for customization compared to the international platform.
Regional Restrictions and Considerations
US users must use Binance US and are barred from accessing the international platform. Some US states even have specific regulations, such as New York, which may bar its citizens from using the referral program at all.
These limitations aren’t relegated to Binance US users, though. Certain international jurisdictions disallow Binance international platform users from accessing the referral program, so it’s important to review the terms and conditions of either the Binance US or Binance international platform before using these programs.
Binance Futures Referral Program
Traders who regularly use leverage and trade futures can benefit by using a Binance futures referral code, which has its own benefits and rules.
Special Features and Benefits
A Binance futures referral code gives users a 10% discount on their futures trading fees, which can add up fast when trading with leverage.
The program offers futures-only codes that only work with Binance’s futures platform. This exclusivity makes it easy to track performance between spot and futures referral codes for referrers who use both programs.
New users who use a code can also get access to exclusive trading competitions, events, and promotions, helping to make the use of these codes more attractive.
Commission Structure
The benefits of the Binance futures referral code are comparatively straightforward, with a base commission rate of 10%. As with the Binance international spot referral codes, referrers can choose to share some or all of this amount with anyone they bring to the platform.
However, commissions only last for one year after the referred user opens their account, so it’s not perpetual like the spot referral codes. You also only get commissions on regular and VIP 1 traders, with commissions stopping when the referred user hits a higher level.
You’ll also need your own futures account before generating a Binance futures referral code, so ensure you have one properly configured to make the most of this program.
Conclusion
Getting the most out of your Binance experience starts with using a good referral code. Whether joining Binance International or Binance US, these codes offer tangible benefits that can save you and the people you refer money on every trade.
The best approach depends on your goals. The Lite referral mode gives you quick, simple rewards if you’re just starting. Referral Pro mode offers flexibility and ongoing benefits for building something more significant.
Either way, make sure to enter your code during registration, as you won’t get another chance after you create your account. And remember that timing matters – you’ve generally got 14 days to complete all the steps after signing up.
Wherever you find yourself, make sure to make the most of your Web3 experience and use the tools at your disposal – this includes the Binance referral program.
Frequently Asked Questions
What is the best Binance referral code to use in 2025?
The best referral code depends on what you’re looking for. Some codes offer higher trading fee discounts, while others focus on sign-up bonuses. Check current promotions and make sure the code works for your region before using it.
What is referral ID in Binance, and how does it work?
A Binance referral ID is a unique code that lets you get trading fee discounts and bonuses when you sign up. Enter it during registration to get benefits like reduced fees and potential sign-up rewards.
Can I use a Binance US referral code after creating my account?
No, you can’t add a referral code after creating your account. You must enter your Binance US referral ID during the initial registration process.
How does the Binance referral bonus system work?
The Binance referral bonus usually comes as USDT trading fee credits. You’ll need to complete KYC verification and deposit at least 50 USD within 14 days to qualify. The exact bonus amount varies based on current promotions.
What’s the difference between regular and Binance futures referral codes?
A futures referral code works specifically for Binance’s futures trading platform. It offers a 10% fee discount and special promotions for futures traders, while regular codes work for spot trading.
Can I use the same referral code binance for both international and US platforms?
No, Binance.com and Binance.US use separate referral systems. You’ll need a specific binance us referral ID if you’re signing up for the US platform.
Is the Binance referral program the same worldwide?
No, the Binance referral program varies by region. The international platform offers both Lite and Pro modes, while Binance US has a simpler structure with fewer options.
