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Binance Referral Program Explained with Code

April 7, 2021 by ADMIN Leave a Comment

Binance is now a well-known name in the crypto world. It has a large user base, high liquidity, a large number of cryptocurrencies to trade, and relatively lower fees than other exchanges out there. If you are planning to enter the crypto trade then Binance is the one exchange you should opt for. Join through Binance Referral Code and new users will get a Binance kickback of a maximum of 20%.

If you have already registered on Binance then you are missing out on the 20% fee rebate that Binance is now providing for its new users. For old Binance users, we would strongly recommend you to create a new account using our Binance referral link. We would also discuss in this article that how you could generate your own Binance referral ID and start earning a Binance commission of up to 40%.

For those who want to save their time and would not like to go into further details, the following table would provide you with all the essentials you are looking for.

Referral CodeTR2AOVZQ
Referral LinkClick here
Referral Commission40% commission (max)
Fee Rebate25% rebate ( Use BNB to pay fees)
Binance Kickback Rate20% Kickback (max)
Kickback CodeW7UQ219V
Binance Referral Program Table

If you are a new user on Binance, look below on how to register and start earning through Binance Referral Program.

Referral Link
Kickback Link

Save 10% discount on your trading using our Binance Futures Referral Code.

How to register on Binance?

1 Click on above link.

binance registration

2 Click on the Register tab on the top right corner as shown in the above image.

3 Now enter your email address and set up your password.

4 Fill in the Binance referral ID – TR2AOVZQ

5 Look for your Commission Kickback rate. It will be visible below the referral id once you enter the referral code. If you enter our referral code you will receive a kickback of 20% whenever you trade on Binance. 20% is the maximum Binance kickback you can receive.

6 Click on create account.

Binance Referral Scheme Explained

Binance referral program consists of 2 parts – Binance Base referral commission & Binance Kickback. We will understand both of them in detail below.

binance referral program

Binance Referral Commission Explained

Binance provides you with a referral commission on every successful referral through your Binance referral ID. Referral commission that you receive depends upon your BNB balance in your wallet.

Your Base referral commission can range from 20% to a maximum of 40%.

If your BNB balance in your wallet is less than 500 BNB then you can receive a maximum base referral commission of 20%.

However, if you have more than 500 BNB in your wallet you can receive a maximum base referral commission of 40%.

Binance kickback Referral Code

Binance kickback is actually the commission that you want to share with your referred friend or user. How much you want to share with your friend depends upon you and you can change their kickback commission as per your convenience.

So how much can you share with your referred user? The answer lies on what your base referral commission is. The table below represents the respective kickback you could offer based on your base referral commission.

Base Referral CommissionBinance kickback
20%0%, 5%, 10%(max)
40%0%, 5%, 10%, 15%, 20%(max)

You can choose among any of the options as your Binance kickback to your referred user. The more Kickback commission you provide the more users you attract and if you share minimum kickback more your referral reward.

If you sign up through our Binance referral link we provide you with a maximum kickback of 20%.

How to join Binance referral program?

  1. Log in to your Binance account.
  2. Click on your Id.
  3. Go to your referral section.
  4. You will see your Binance referral id & Referral Link. Copy them and start sharing it with your friends.

Advantages of using BNB

BNB is the native coin of the Binance Exchange. It can be used for paying transaction fees on Binance, for various services like travel, entertainment, finance etc. However, the main advantage of BNB lies in paying your transaction fees on the exchange. Binance has a tiered system and your trading fees depends upon the tier you are on. Using BNB considerably saves a lot of your fees as can be seen below.

How much BNB affects my fee?

BNB advantage

As an offer, Binance provides you 25% off on your Trading fees if you decide to pay it through your BNB. Also if you keep a minimum balance of 500 BNB in your wallet as mentioned above you will receive a maximum Binance referral reward of 40%. Thus utilising and hodling BNB gives you a dual profit and brings your transaction fees much lower than it already is and also helps to maintain a steady flow of income.

Binance Referral FAQ

What is Binance referral code?

TR2AOVZQ

What is Binance Kickback Code?

W7UQ219V

How much referral commission can i receive?

A new user would automatically receive a 20% referral commission from the users he referred. However, if you maintain a BNB balance of 500 or more in your wallet you can earn a 40% commission.

Is Binance Referral ID different from referral code?

No, both are same things.

When do I get my Referral commission?

Both the referee and the referrer will receive their respective referral rewards and kickback in an hour and will be reflected in the referral section of their accounts.

In what currency do I get my commission?

You will receive your commission in the exact currency your referral decides to pay their transaction fee with.

How will be I eligible to receive a kickback?

To be eligible to receive a kickback you should register through kickback link or use our kickback referral code during your registration process. Remember that by using our code you will receive a max kickback of 20%.

How do i set my kickback commission rate?

You can set the kickback that your referred users receive from you by visiting your referral page. Look for the ” Generate your Link” box and set your kickback commission rate.

Does Binance have Affiliate Program?

Yes, you have to register for it separately and you can earn up to 50% referral commission if you become Binance Affiliate.

What is Referral Discount Validity?

Unlimited, as long as no changes made by Binance to the referral program.

What is BNB Discount Validity?

Currently its 25% discount for 2020 and it changes every year.

What is the criteria for setting kickback?

It all depends upon the BNB you have in your wallet. Less than 500 BNB in your wallet would allow you to set a kickback rate of either 0% or 5% or 10%.
If you have more than 500 BNB in your wallet you can increase your kickback rate to 15% or even higher to 20%.

Is their a limit on the referrals that you can make?

Binance allows you to make an unlimited amount of referrals. There is no limit on the referral rewards too. With Binance referral program sky is the limit for your earnings.

Can i receive kickback and referral commissio both?

Yes. Join through our link to receive a kickback of 20% and also start sharing your referral id and earn up to 40% referral rewards

Does this referral program applies to Binance futures as well?

Yes. A recent update has confirmed the merger of the spot and future platform’s referral program. Thus if someone uses your Binance (spot) referral code then he/she will be counted your Binance Futures referral also, you will still be eligible to receive your referral commission and the referred person will receive his share of the kickback.

How to increase referrals on Binance?

You must try to spread your referral id as much as possible. Create Youtube videos, blogs etc explaining about Binance and its products and encourage your readers and viewers to register through your code.
If you require any help setting up your public platform such as your own blog or youtube channel you can get freelance services from Fiverr.

Filed Under: Uncategorized Tagged With: binance, Binance Kickback, Binance referral code, Binance referral id, Binance referral link, Commission kickback rate, fee rebate, invitation code, referral code, referral commission, referral id, referral program, referral reward, referral scheme

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