Looking for a Binance Referral ID? (How to Get a 45% Fee Discount)
3 min read · · Korean original
Contents 3
When you sign up for Binance, the world's No. 1 exchange, there's one thing you absolutely need to enter: a referral ID code that gets you a 20% discount. Enter ABV8BWDG as the referral ID and you'll get a 20% fee discount for life.
In this post, I'll also show you how to get an additional 25% fee discount on Binance. Do both and you can save a total of 45% on fees!
Enter a Binance Referral ID and Get 20% Off
On the sign-up screen, enter the referral ID as shown below. After entering the referral ID, the screen should show a commission rebate rate of 20%, as below. (Here, a 20% commission rebate rate = a 20% fee discount. It means you get back part of the fees you paid.)
Not sure how? Don't worry. I'll walk you through exactly how to enter the referral ID and get a 20% fee discount.
- Go to this sign-up link, which has the discount code already applied.
- Or enter ABV8BWDG directly as the referral ID.
- Check that the commission rebate rate shows 20% and complete your sign-up (20% fee discount).
- Be careful! This discount applies for life, but it can only be entered when you sign up.
- If you've already signed up, it can't be changed, and you'll need to sign up again.
Get an Extra 25% Off Using BNB Coin
If you entered the referral ID I shared correctly, a 20% fee discount is applied by default. Now let me show you how to get an extra 25% off while trading on Binance.
As shown below, if you buy BNB coin and turn on the option to pay fees with it, you get an additional 25% discount, for a total of 45% off your trading fees.
For reference, BNB coin is Binance's own coin, issued by the exchange, and you can buy it on the Binance spot market.
(Be careful! BNB coin is not a stablecoin with a fixed value. Like Bitcoin, its price moves, so you could lose money if the price drops. Of course, if the price rises or moves sideways, you can also make a profit on top of the fee discount. If you prefer to play it safe, just buy a small amount of BNB coin before you trade and use it to pay your fees.)
Binance Fee Discounts at a Glance
The Binance fee table below, organized by VIP level, shows how the discounts add up. You can see that combining the 20% sign-up discount with the 25% BNB coin discount has almost the same effect as moving up two VIP levels!
This is a big deal because normally you'd only get this benefit by reaching a huge trading volume: 2,500 BTC or more in 30 days (about KRW 100 billion at current prices). Entering a code, which takes less than a minute, and paying your fees with BNB coin turns out to make a bigger difference than you might think.
Whether you day trade, scalp, or swing trade, fee discounts really matter. When you sign up for Binance, enter the referral ID code ABV8BWDG to get an extra 20% discount and save on fees.
That's all from Bitpunk. Thank you.
