Thinking about buying Bitcoin, Ethereum, or other cryptocurrencies? Binance is a popular exchange to do just that. But did you know you can save money on trading fees? Heres where the Binance referral code comes in.
These codes are like coupons for your crypto trades. By using one when you sign up, you can unlock discounts on fees and extra signup bonuses. In this guide, well explain what the Binance referral code is, its benefits, and how to use it.
Key Takeaways:
Binance referral code is a unique promo code used to invite others to join the Binance crypto exchange platform. When someone signs up using your referral code, both you and the person who signs up receive rewards.
If you use Binance referral code QH6V74V5 while signing up, you will receive a signup bonus of $100 USDT. Additionally, you will enjoy a 20% discount on trading fees for all your transactions on Binance.
Exchange
Binance
Referral Code
QH6V74V5
Sign up Bonus
$100 worth of USDT
Extra Rewards
Exclusive events and trading competitions
Trading Fees Rebate
Up to 20% discount
KYC Mandatory
Yes
Signing up for a Binance account with a referral code QH6V74V5 unlocks a treasure trove of benefits that can significantly enhance your cryptocurrency trading experience. Lets delve into the key advantages you gain by using a Binance referral ID QH6V74V5:
Go to theBinancewebsite. Once the homepage loads, locate and click on the Sign Up button, usually found in the upper right corner of the screen. Youll be directed to the registration page. Youll see fields prompting you to enter your email address and create a password. Input your email address and choose a strong password that youll remember easily.
Here comes the crucial step! Youll find a box labeled Referral ID (Optional). This is where you should enter the referral code QH6V74V5 to ensure you receive signup bonuses. You can also use ourreferral linkto automatically fill out the code.
After entering the referral code, review the Binance Terms of Service and Privacy Policy, then check the box to confirm your agreement.
After successfully creating your account, its time to complete the Know Your Customer (KYC) verification process. KYC helps ensure the security and legitimacy of your account by confirming your identity.
To start the KYC process, go to your profile section and click Account and choose Verification. Binance will guide you through the steps required to verify your identity, which typically include providing personal information and uploading documents such as a government-issued ID (e.g., passport or drivers license) and proof of address.
Once youve submitted all the required information and documents, Binance will review your application. Verification times may vary depending on the volume of requests, but youll receive a notification once your account has been successfully verified.
After completing this step, you will receive 20 USDT as a signup bonus.
With your account created and verified, youre now ready to deposit funds into your Binance account. In the wallet section, youll see different options for depositing funds, including cryptocurrencies and fiat currencies. Alternatively, you can also use the Buy Crypto section in the menu bar.
Generally, you have 3 options to deposit fiat currency:
Once youve initiated the deposit, it may take some time for the funds to be credited to your Binance wallet, depending on the payment method and processing times.
Now, you will also become eligible for an extra 30 USDT bonus.
Navigate to the Markets section of the Binance website, where youll find various trading pairs and markets.
Choose the cryptocurrency you want to trade and select the trading pair you wish to trade it against. For example, if you want to trade Bitcoin for Ethereum, you would select the BTC/ETH trading pair. Or you can use a stablecoin pair like BTC/USDT.
Once youve selected the trading pair, youll be taken to the trading interface, where you can place buy and sell orders. When placing a trade, you can choose between market orders, limit orders, and other advanced order types. Enter the desired amount and price for your trade, then review and confirm your order.
Thats all! Now you are eligible for another 50 USDT sign-up bonus.
If youre trying to use a Binance referral code but its not working, there could be a few reasons behind it.
You can invite friends with the Binance referral program and earn a commission. You just need to create your own referral code and share it with friends and followers.
The key benefit of the program is earning commissions on the trades your referrals make. Binance offers commissions on various trading activities on its platform, including spot trading, futures trading, and even participation in Binance Pool (their crypto staking service). This means you can potentially earn a steady stream of income as long as your referrals continue to trade on Binance.
Note: Currently, you can earn up to 40% commission as a standard referral and 50% commission as an affiliate member.
Here are some conditions and extra benefits you will receive as an affiliate partner:
Minimum Requirements
5000+ followers on social media or 500+ members in a trading community
Spot Commission
Up to 50%
Futures Commission
30%
Binance Pool Commission
30%
Bonus Package
Share up to a $600 new user sign-up bonus package with your community
The Binance referral and affiliate program goes beyond just commissions. Binance provides its affiliates with a range of resources to help them promote the platform. This includes marketing materials, tutorials, and even access to a dedicated account manager who can offer guidance and support.
For content creators who actively promote Binance through high-quality content like videos or articles, theres an exclusive content program. This program allows creators to earn additional bonuses of up to 3,000 BUSD per month. You can also earn up to an extra $72,000 bonus based on your referrals futures trading fees and volume.
Founded in 2017,Binanceis the worlds largest cryptocurrency exchange bytrading volume. It has a huge selection of over 380 coins and tokens, including popular ones like BTC, ETH, and SOL, and many lesser-known ones. This gives users a lot of choices when it comes to investing in digital assets. Here are the services offered by Binance:
And many more!
Related Article:OKX Review: Is this crypto exchange safe?
Binance charges fees for various trading activities. For spot trading, it charges 0.1% maker/taker fees. The higher your trading volume (total amount bought/sold within a 30-day period), the lower your fees become.
Binance rewards active users with VIP statuses. VIPs enjoy progressively lower trading fees compared to regular users. There are different ways to qualify for VIP status, such as high trading volume or holding a certain amount of Binance Coin (BNB).
User Level
30-Day Volume
BNB Holdings
Maker/Taker
Regular User
0.1%/0.1%
VIP 1
10,00,000 USD
25 BNB
0.09%/0.1%
VIP 2
50,00,000 USD
100 BNB
0.08%/0.1%
VIP 3
2,00,00,000 USD
250 BNB
0.042%/0.06%
Binance also offers a 25% discount on trading fees if you choose to pay them using BNB. You can also get a 20% discount if you use our referral code QH6V74V5.
For futures trading, Binance charges 0.02% maker and 0.06% maker fees. Check thefull fee structure here.
Binance is a generally well-regarded cryptocurrency exchange with a strong reputation for security. They implement a number of measures to safeguard user assets, including storing the vast majority of funds in offline cold storage wallets. This significantly reduces the risk of theft from hackers.
Additionally, Binance has aSecure Asset Fund for Users (SAFU), an insurance fund that could potentially reimburse users in the event of a major security breach. The exchange also acquires majorlicenses:
And many more licenses across the world. Check thefull licenses list.
In conclusion, using the Binance referral code QH6V74V5 brings a world of benefits to your cryptocurrency journey. With this code, you unlock exciting rewards like a $100 USDT signup bonus, up to 20% discount on trading fees, and access to exclusive events.
By following simple steps, you can maximize your gains and enjoy seamless trading on one of the worlds largest cryptocurrency exchanges. So why wait? Join Binance today with code QH6V74V5 and begin your cryptocurrency journey with an advantage.
Yes, using a Binance invite code during signing up is 100% safe. However, they can be lying to you about bonuses and fee rebates. So, only use referral codes obtained from trusted sources.
A Binance futures referral code is a code that gives you a discount on trading fees and other benefits when you sign up for a Binance Futures account. If you use a code QH6V74V5 during signup, you can get up to a 20% discount on futures fees, plus extra futures trading coupons, although these cant be withdrawn, but profits can be.
There are a few ways to get a Binance referral code. If you know someone like a friend or family who already uses Binance, they can easily share their invite code with you. You can also find referral codes shared by existing users on various platforms, including Google search, social media, forums, and community groups.
The Binance website also offers a dedicated referral program section. Here, you can generate your own unique referral code to share with others. Binance also occasionally offers new referral codes as part of promotions or through partnerships. Keep an eye on their official channels for these opportunities.
No, you cannot use multiple referral codes during your Binance account registration. The system will only recognize the first code used during signup. However, there are ways to maximize your benefits. When presented with multiple codes, select the one offering the benefits most relevant to your trading style. This could be a code with the highest discount on trading fees or the one with the most attractive sign-up bonus.
The 20% fee discount referral code for Binance is QH6V74V5. This discount applies to the standard trading fees associated with buying and selling cryptocurrencies on the Binance platform.
However, if you use different code other than ours QH6V74V5. Its important to note that not all referral codes offer a 20% discount. The specific percentage may vary depending on the code itself. Binance has a tiered fee structure based on your 30-day trading volume. The referral code discount applies on top of this existing structure. Some referral codes with a 20% discount may have a limited validity period also.
No, referral codes offer discounts on standard spot trading fees, they typically do not apply to margin trading fees. Margin trading carries variable interest rates and has a separate fee structure.
The validity of a Binance referral code may vary depending on the promotion or campaign associated with it. Some referral codes may have a specific expiration date (like lite referral code), after which they can no longer be used to claim rewards or benefits. Others may have indefinite validity (like standard referral code QH6V74V5), allowing users to use them at any time to receive associated bonuses or discounts.
Binance often offers sign-up bonuses in stages. Completing KYC verification grants you 20 USDT, while making a first deposit could unlock another 30 USDT. Finally, completing your first trade could result in a 50 USDT bonus. Combining these stages can reach the 100 USDT mark.
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