How to Get a 20% Fee Discount When Signing Up for Binance ($600 Bonus Reward)
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Did you know you can get a fee discount when you sign up for the Binance exchange? Enter the referral ID below and a 20% fee discount applies for life. You can also receive a bonus of up to $600.
How to Get a Fee Discount When Signing Up for Binance
1. Enter a Referral Code to Get a Fee Discount
When you sign up for Binance, you can get a discount on trading fees by entering the referral code below. A referral code can only be entered once, at sign-up, so be sure to enter the correct code!
- Spot trading 20% discount code: ABV8BWDG
- Futures trading 10% discount code: binancebtc
๐ Direct link: Sign up for Binance (code auto-filled)
Tip: If you sign up through the link, the code is filled in automatically, so you can get the benefit without any typing mistakes.
2. Check Whether the Fee Discount Has Been Applied
Remember how I mentioned earlier that a referral code can only be entered once, at sign-up? That's why it's very important to check that the fee discount code has been applied correctly during the registration step.
- How to check the discount: After entering the referral code, check that the message โ20% commission rebateโ appears, as shown in the screen above.
- If the message is different: You most likely entered the wrong code, so try signing up again through the link.
Already signed up? Go to the Binance referral page and open the [Referral Pro] tab to check your discount code and how it has been applied. Check your commission history under [Shared Commission].
How to Get the Binance $600 Bonus
Binance offers a variety of rewards to new users. If you meet certain conditions after signing up, you can receive rewards worth up to $600.
| Reward Amount | Condition | Validity Period |
|---|---|---|
| $20 | Complete KYC verification | Within 14 days of sign-up |
| $30 | Complete a first deposit of $10 or more | Within 14 days of sign-up |
| $50 | Complete a first trade of $10 or more | Within 14 days of sign-up |
| $200 | Complete $5,000 or more in spot trading | Within 7 days of sign-up |
| $300 | Complete $50,000 or more in spot trading | Within 7 days of sign-up |
The conditions vary in difficulty, and among them, the KYC verification, $10 deposit and first trade missions are easy to complete. The rest are optional. Be careful: if you push yourself into trading and end up losing money, it's all for nothing!
Tips for Signing Up and Making the Most of the Benefits
1. Complete KYC Verification Quickly
To use the Binance exchange, you must complete KYC verification. The process consists of uploading an ID and facial verification, and the faster you complete it, the sooner you can receive your rewards.
2. Start Your First Trade with a Small Amount
Crypto assets, including Bitcoin, are highly volatile. Deposit only a small amount, around $10~$100, to try out and get familiar with the trading interface. Above all, it's important to practice trading and investing in a way that doesn't lose money.
3. Understand the Difference Between Futures and Spot Trading
On exchanges like Binance, anyone can easily take part in futures trading. However, keep in mind that trading with leverage carries the risk of liquidation. Spot trading altcoins alone can expose you to plenty of volatility.
- Spot trading: A method where you buy and sell coins directly, suitable for long-term investing.
- Futures trading: A method where you trade by predicting price movements, recommended for experienced traders rather than beginners.
Wrapping Up
If you enter the referral code ABV8BWDG when signing up for the Binance exchange, you can get a 20% discount on spot trading fees.
