What Are the Benefits of Registering on Binance Through a Referral Link?
What Are the Benefits of Registering on Binance Through a Referral Link?
People often ask, what is the difference between registering through a referral link and registering directly? The simple answer is: registering through a referral link saves you money. But exactly how much you can save and what specific benefits there are, we will explain everything clearly today. You can visit the Binance Official Website to learn about the registration process, or directly download the Binance Official App to register. Apple iPhone users please see the iOS Installation Guide to complete the installation.
Core Benefits of Registering via a Referral Link
Benefit 1: Permanent Trading Fee Rebate
This is the biggest benefit. After registering through a referral link, you can get a portion of your trading fees refunded every time you trade on Binance. This rebate is permanent; as long as your account is in use, you will continuously enjoy it.
The specific rebate percentage depends on the settings of the referral link, usually ranging from 10% to 20%. For example:
- Your trades generated 100 USDT in trading fees.
- If the rebate rate is 20%, you get 20 USDT back.
- This 20 USDT will automatically be credited to your account balance.
Over a year, for an active trader, the rebate amount could reach thousands or even tens of thousands of dollars.
Benefit 2: Beginner Bonus Package
Binance periodically offers various bonuses to newly registered users:
- Trading Trial Fund: Get a certain amount of trial funds after registering and completing specific tasks.
- Fee Deduction Coupons: Coupons used to offset trading fees.
- Beginner Task Rewards: Complete tasks like KYC verification, first deposit, and first trade to earn rewards.
Some of these benefits are available to all new users, while others are exclusively for those who register through a referral link.
Benefit 3: Mutual Benefit with the Referrer
After registering through a referral link, you establish a binding relationship with the referrer. A good referrer typically will:
- Provide beginner guides to the crypto world.
- Share trading experience and market analysis.
- Offer help when you encounter problems.
While not every referrer will provide these services, many active referrers actually do, because the more you trade, the more commission they earn.
Referral Link vs. Direct Registration Comparison
| Item | Registering via Referral Link | Direct Registration |
|---|---|---|
| Trading Fee Rebate | Yes (Permanent) | No |
| Beginner Rewards | Potentially More | Basic Rewards |
| Registration Process | Exactly the same | Exactly the same |
| Account Features | Exactly the same | Exactly the same |
| Security | Exactly the same | Exactly the same |
| Deposit & Withdrawal | Exactly the same | Exactly the same |
As you can see, registering through a referral link only brings benefits without any downsides. The registration process and account features are exactly the same; the only difference is the added rebate and potentially more bonuses.
Exactly How Much Money Can You Save?
Light User (Trading a few thousand dollars monthly)
- Monthly trading volume: 5,000 USDT
- Trading fees (after BNB discount): 5,000 × 0.075% × 2 = 7.5 USDT
- Referral rebate (20%): 1.5 USDT
- Annual savings: 18 USDT
Moderate User (Trading tens of thousands of dollars monthly)
- Monthly trading volume: 50,000 USDT
- Trading fees (after BNB discount): 50,000 × 0.075% × 2 = 75 USDT
- Referral rebate (20%): 15 USDT
- Annual savings: 180 USDT
Heavy User (Trading hundreds of thousands of dollars monthly)
- Monthly trading volume: 500,000 USDT
- Trading fees (after BNB discount): 500,000 × 0.075% × 2 = 750 USDT
- Referral rebate (20%): 150 USDT
- Annual savings: 1,800 USDT
The larger your trading volume, the more money you save. And this is just a conservative estimate. If you also trade futures, since the actual trading volume for futures is much larger (due to leverage), the rebate amount will be even more substantial.
How to Register Through a Referral Link
Step 1: Get a Referral Link
Get a Binance referral link from a channel you trust. The format of a referral link is usually:
https://www.binance.com/en/register?ref=XXXXXXXX
Here, "XXXXXXXX" is the referral code.
Step 2: Click the Link to Open the Registration Page
Clicking the referral link will automatically redirect you to Binance's registration page, where the referral code is already filled in. You can check if the referral code is correct on the registration page.
Step 3: Complete Registration
- Choose to register with email or phone number.
- Enter your email/phone number and password.
- Confirm that the referral code has been filled in.
- Check the terms of service.
- Click register.
- Complete the email/phone verification.
Step 4: Complete Identity Verification
After registration is complete, finish the KYC identity verification as soon as possible:
- Go to the "Identity Verification" page.
- Select your document type (ID Card / Passport).
- Take photos and upload the document.
- Complete facial recognition.
- Wait for review approval.
Step 5: Claim Beginner Rewards
After registering and completing verification, go to the "Reward Center" or "Task Center" to see what beginner rewards you can claim. Complete the corresponding tasks to get the rewards.
Is It Safe to Use a Referral Link?
Many people worry whether registering through a referral link is unsafe. In fact, there is absolutely no need to worry:
- A referral link simply automatically fills in the referral code on the registration page, nothing more.
- Your account password, funds, and personal information have nothing to do with the referrer.
- The referrer cannot see your account info, trading history, or balance.
- The only thing the referrer can see is how much commission you have generated (but they cannot see who you are).
How to Check Rebates After Registration
After completing registration and starting to trade, you can check your rebate status in the following places:
On the App
- Open the Binance App.
- Tap your profile icon.
- Go to the "Referral" page.
- Check "My Commission".
On the Website
- Log in to the Binance official website.
- Click the profile icon to enter the user center.
- Select "Referral".
- View commission details.
The rebate records will show the rebate amount, time, and source for each trade.
How to Choose Between a Referral Link and a Referral Code
If you have both a referral link and a referral code, prioritize using the referral link because:
- It is less prone to errors (a referral code is typed manually and might be typed wrong).
- It is more convenient (just click, no manual input needed).
- The result is exactly the same.
If you only have a referral code, just find the "Referral ID" input box during registration and fill it in manually.
What to Do If You Already Registered Without a Referral Link?
This is the most common regret. If you have already registered on Binance but did not use a referral link, there is currently no way to retroactively add a referral code. Binance does not support binding a referral relationship after registration.
However, you still have many ways to save money:
- Enable paying trading fees with BNB for a discount.
- Work hard to upgrade your VIP level.
- Keep an eye on Binance's fee discount promotions.
- Use limit orders to reduce taker fees.
If you feel that rebates are truly important, theoretically you can register a new account (using a different email and phone number), but you need to be aware of Binance's account policies.
Frequently Asked Questions (FAQ)
Are there any risks to registering through a referral link?
There is absolutely no risk. A referral link simply auto-fills the referral code during the normal registration process; it will not affect your account security, features, or user experience.
Can I enjoy both the referral rebate and the BNB discount at the same time?
Yes. The BNB discount first reduces your trading fees, and then the referral rebate refunds a portion to you based on the discounted fee. The two are stacked and do not conflict.
Are rebates credited in real-time?
Yes, after each trade is completed, the rebate amount is credited to your account in real-time. You can check the details of each rebate in the commission records.
Do referral links have an expiration date?
The referral link itself does not have an expiration date; as long as the referrer's account is normal, the link remains valid. Moreover, the referral relationship bound after registering through the link is also permanent.
After I register through a referral link, can the referrer see my personal information?
No. The referrer can only see how much commission their referral brought in, but cannot see the identity information, trading details, or account balance of the referred person. Your privacy is guaranteed.
Can a single person register multiple Binance accounts to enjoy referral benefits multiple times?
It is not recommended to do this. Binance's policy is that each person can only register one account, ensuring uniqueness through identity verification. If you are found to have multiple accounts, you may face account restrictions.