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Binance Referral Code

Published on July 19, 2022

Want to know how you can earn through Binance referral code , well you have landed on the right article.

Binance Exchange or Binance was founded in the year 2017 by Changpeng Zhao. In terms of the daily trading volumes, Binance is the largest cryptocurrency exchange in the world.

 Today, we will be talking about Binance referral codes which offer a plethora of benefits to the users. By simply using the relevant referral code,

Customers can save up to 50% of lifetime trading fees, enjoy several other discounts and get commissions every time a friend joins the exchange.

All of these are major benefits that can help you establish yourself in the crypto world by giving you a much required head start.

If you are someone who already knows the ins and outs of crypto, then you have probably already taken advantage of the referral codes.

This article is for the uninitiated and we help you every step of the way. Following is a step-wise guide to signing up on Binance.

Later on, we will also be talking about all the different benefits you can unlock as soon as you sign in. Then, we will guide you through the stepwise sign up process.

Binance Referral Code (2022)

Signing Up

Here are the steps to follow while signing up for Binance and even earn Binance sign up bonuses ;

  • The first step is to register your account on Binance. You can make your registration by using your mobile number or e-mail ID.

  • The next step during the signup process is verification of identity. This step can take a few minutes and includes adding information like your identity documentation, account information and a digital photograph.

    This is the step where you get to make your account’s security airtight.

  • After you have successfully secured your Binance account, you can go ahead and deposit crypto into your Binance wallet. You can also transfer crypto from another wallet onto your Binance wallet, withdraw crypto, etc. at this stage.

  • Once your wallet is set, you can increase your crypto wealth by depositing Fiat currencies. Binance features over 50 Fiat currencies which include EUR, AUD and BRL, etc.

     Once you have deposited the Fiat currency, you can go ahead and buy more crypto. Crypto can also be bought using debit or credit cards and also through peer to peer methods.
  • The final step is one where you start trading and explore the different products on Binance. You can trade your choice of crypto in the Spot market, including Binance’s BNB.

     If you feel that you are not ready to start trading, you can opt for Binance Earn and choose from a suite of financial products.

Welcome Offer

  • Once you have signed up for Binance, you become eligible for the $50 affiliate invitee Welcome Offer.

  • Do take special care that you register by clicking on the Register button in the top right of the landing page of Binance’s website.

  • Alternatively, you can use the referral ID when creating your account on Binance to be eligible for the rewards. 
  • Referral IDs can be found in the URL of the website following “ref=”.

Using Binance

  • Start by visiting the main page of Binance’s website or download their app
  • Next, click on Register to register yourself as a user
  • In the ID field, enter a valid email ID
  • Afterwards, create a unique password using alphanumerics and symbols
  • Before you agree, we suggest that you read the terms and conditions thoroughly
  • After you click on agree, move on to the captcha
  • A captcha is a visual puzzle that you should be able to solve to prove that you are not a bot but human
  • Once you do that, a verification link will be sent to your email
  • When you open the email and click on the link, your registration is complete
  • You can also create an extra layer of security by setting up a 2FA
  • Once you are registered, you can return to the home page and log in using the ID and password you chose earlier
  • Next, click on ‘Send on EFT Wallet’
  • The next step is to enter a recipient who would be receiving the total crypto amount
  • If you are sending Ethereum, then you must have an Ethereum address on your Binance account
  • Now, if you were looking to deposit funds, you can click on Funds and then Deposits
  • If you choose Ethereum, Binance will generate an address and funds will be transferred to the ETH Deposit Address
  • Copy and paste the address into the receipt box of the Coinbase account
  • Now you can simply select the amount you want to transfer to Binance and click sen
  • As soon as the processing is complete, you will have funds in your account
  • Now that you actually have funds, you can go ahead and start trading on Binance
  • You can click on Trade and then select between Basic or Advanced 
  • Once you click, it will show the current market details
  • Assuming that you want to trade BNB for BTC, you will have to pick BTC from the right panel
  • Next click BNB/BTC and you will land on a trading page corresponding to the same
  • Scroll down a little till you land on Buy BNB and Sell BNB option
  • You can enter the amount you want to sell on the Sell Coin option
  • Click on the Sell BNB bar
  • When the Limit Sell Order Created pops up, scroll down to the Open Orders section to see the limit sell order 
  • Wait till the order completes and you are done

Binance Referral Program

The Binance Referral Program allows users to earn credits and discounts when they first sign up. You can also avail further benefits by referring the platform to your friends online using referral code for Binance .

The discounts include benefits like up to 50% off on trading fees, etc.

Get Binance Referral Code/Link

  • Visit the Binance website
  • Click on the Register button
  • Log in using your e-mail and create a password that you can remember but is hard to guess
  • Next, enter the Binance referral code 
  • Enter the information and complete the registration process you may even get Binance referral bonus .
  • Verify that you are not a bot
  • Set up your own referral code and generate a link to reap further benefits 

Pros and Cons of Binance

Pros

  • When considered by volume, it is the largest cryptocurrency in the world
  • A plethora of extra services
  • Large coin base
  • Low instant and non-instant buying fees
  • Easy to navigate 

Cons

  • Corporate structure is not transparent
  • Account verification can be smoother 

Ratings & Reviews of Binance

As compared to its counterparts, it offers rock bottom prices. The interface itself gives plenty of charts and infographics to make it easier for users of every type.

Since it's the largest cryptocurrency exchange by volume, you will find a wide variety of coins here on Binance.

Conclusion

Now that you are aware of Binance and how to use referral codes to make trading online even more viable, the only thing left to do is to get trading.

You can create an extra stream of a steady income and learn as you go with Binance’s user-friendly interface. They have dedicated interfaces for both beginners and advanced users

Who get to view current market trends and understand them before they trade. They also have a rich repository of online information in the form of blogs and FAQs where you can basically teach yourself the knotty gritty of trading.

Generating and using their generous referral codes can also prove to be a real money saver and help you establish yourself quickly.

I hope you liked our article on how to earn through Binance referral code , if you have any comments or suggestions do share them in the comments below

Frequently Asked Question

Q1. Is there a Binance referral code?

Yes, Binance offers several referral codes, using which you can avail many different types of discounts and advantages.


Q2. What is the best referral code for Binance?

C7PJO7JQ is a referral code using which you can enjoy a lifetime fee rebate of 20% when you trade cryptocurrencies on the platform.


Q3. How do I get a referral ID?

Once you have logged into your account, you can go to the user menu in the top right corner and click on Referral. Then click on Generate Your Link and share it with your friends and family.

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About the Author

Currently working as an Editor in Chief with Ankuraggarwal.in, he is managing all the ins and outs of the content management process and editorial operations. Having an experience of 8 years in the publishing/ e-solution industry, he manages a small freelancing team of fellow editors and has worked with several domains including academics, healthcare, lifestyle and technical writings. He is a stickler for accuracy and loves to read noir-fiction and binge-watch anthologies.

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