Binance Referral Code and ID for 20% Off: How to Get a Trading Fee Discount
3 min read · · Korean original
Contents 5
Hello, this is Bitpunk. In this post, I'll show you how to enter a "referral code and ID" that gets you a 20% discount on trading fees when you sign up for Binance.
What is the Binance 20% discount referral code?
The referral code that gives you a 20% fee discount when you sign up for Binance is ABV8BWDG. If you enter this code when you newly sign up for the Binance exchange, you'll get a discount on your trading fees.
You can only enter a referral code once, at sign-up, so it's important to check the benefit carefully before entering it. See the details below for more on how to apply it.
What is a Binance referral ID?
A Binance referral ID is a kind of "invite code" you can enter when you newly sign up for Binance. Most Binance referral codes or IDs offer no fee discount at all, or only 5% or 10%.
However, if you sign up for Binance with the referral code provided here, you can get up to a 20% fee discount, as shown below.
- Binance referral fee discount code (20%): ABV8BWDG
- Go to link: https://www.binance.com/register?ref=ABV8BWDG
How do you check your Binance referral discount?
It's important to check for yourself that the discount was applied correctly, right? On the referral code entry screen, the 20% referral discount message must be displayed exactly as shown below.
Do you see the message "20% commission rebate" along with the referral ID you entered? If the percentage shown in that message isn't 20%, or a different ID has been entered, you'll need to sign up again using the link provided above to get the maximum discount.
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What is the maximum discount on Binance futures fees?
Unlike spot, the maximum fee discount for Binance futures trading is 10%. If you enter the referral ID below when signing up for Binance Futures, you'll get a 10% fee discount. (When you sign up through spot, the maximum discount is applied automatically.)
- Binance futures referral fee discount code: binancebtc
- Go to link: https://www.binance.com/futures/ref/binancebtc
However, many people who trade futures also end up using their spot account. You may be wondering what spot fee discount you get if you sign up with a futures referral.
To cut to the chase: if you enter the 20% spot discount code, the maximum discount is automatically applied to futures as well. In other words, if you sign up with the same code, the discount applies to both Binance spot and futures.
What are the benefits of signing up with a Binance referral?
Signing up for the Binance exchange with a maximum-discount referral code has the effect of moving you up to VIP Level 1. That means you can enjoy VIP benefits without trading over 250 BTC (≈ KRW 14 billion) or holding 50 BNB (≈ KRW 25 million). Below is Binance's fee structure by VIP level.
That wraps up the information on the benefits you can get when signing up for Binance. If you'd also like to learn about the BNB discount or various earning products, check out the post below. Thank you!
How to Get an Extra 25% Off Binance Fees | Setting Up BNB Fee Payment3 min read
