If you're about to sign up for Binance, you may have noticed a "Referral Code" or "Invite Code" input field. Should you fill it in? What are the benefits? What does the referrer get? This article explains the Binance referral code system so you can make an informed choice when you Sign up on Binance.
What Is a Referral Code
A Binance Referral Code is a string of letters and numbers unique to each Binance user. When a new user enters a referral code during registration, both parties receive trading fee kickbacks.
This is essentially a win-win mechanism:
- New user: Receives a trading fee discount or rebate after signing up
- Referrer: Earns a commission from the referred user's trades
Binance uses this system to encourage existing users to bring in new users, reducing customer acquisition costs.
What Does a Referral Code Offer New Users
Fee Kickbacks
After registering with a referral code, a portion of your trading fees on every transaction is returned to you. The exact kickback percentage depends on what the referrer has configured:
- The referrer can choose to share a portion of their earned commission with the referred user
- A common split is 80% for the referrer and 20% for the referred user (though other ratios are possible)
- Some referrers set a higher share for referred users to attract sign-ups
Newcomer Task Rewards
After registering through a referral link, completing Binance's newcomer tasks (such as your first trade, first deposit, etc.) may earn you additional rewards, including token red envelopes or trading vouchers.
How to Use a Referral Code
Enter It During Registration
- Open the Binance registration page or Download the Binance App
- Choose to register with email or phone number
- In the registration form, find the "Referral Code (optional)" field
- Enter the referral code
- Complete registration
Important: Referral codes can only be entered during registration. Once your account is created, you cannot add or change the code. If you have a referral code, be sure to enter it at sign-up.
Register via a Referral Link
If someone shares a referral link (rather than a code), simply click the link to go to the registration page -- the referral code will be auto-filled without needing manual entry.
What Does the Referrer Get
If you're already a Binance user and share your referral code with friends, you can earn:
Trading Commission
When referred users trade spot or futures on Binance, you receive a percentage of their trading fees as commission. The standard rate varies based on your account tier.
Long-Term Earnings
The referral relationship is permanently bound. As long as the referred user continues trading on Binance, you keep earning commissions. The more active users you refer, the higher your passive income.
Referral Tier Upgrades
Once the number and quality of your referrals reach certain thresholds, you may unlock higher commission rates.
How to Find Your Own Referral Code
- Open the Binance App
- Tap your profile icon in the top left
- Find the "Referral" entry
- You'll see your unique referral code and referral link
- Copy and share with friends
Customize Commission Split
On the referral page, you can set the commission share allocated to referred users. Offering a higher share increases their incentive to use your code.
Can Referral Codes Stack with Other Discounts
With BNB Fee Discount
Yes, they stack. After registering with a referral code, enabling "Pay fees with BNB" applies both discounts simultaneously.
With VIP Fee Rates
Yes, they stack. Referral kickbacks are calculated on the fees you actually pay. VIP status lowers the base fee, and kickbacks apply on top of that.
With Promotional Rewards
Usually stackable as well. Binance periodically runs trading reward campaigns that don't interfere with referral kickbacks.
Things to Watch Out For
Beware of Fake Referral Codes
Some people post fake "high-kickback referral codes" online claiming 50% returns or more. In practice, the actual kickback is far lower than advertised, or nonexistent.
A Referral Code Is Not an Agency Relationship
Using someone's referral code to register does not give them access to your trading details or control over your account. Referrers can only see aggregate commission amounts, not your specific trade history.
Choose a Reliable Referrer
Prioritize referral codes from people you know personally, or codes obtained through official channels (such as the Binance community).
Safety Tips
- Referral codes do not involve any account permissions; registering with one is safe
- Don't be lured to register on unofficial websites just for a referral code; make sure it's the official Binance page
- Be wary of "get hundreds of USDT for signing up" scams; legitimate referral rewards are never that extravagant
- Referral relationships cannot be changed once bound, so choose your code carefully
FAQ
Q: Can I register without filling in a referral code? A: Yes, the referral code is optional. However, skipping it means you forfeit the fee kickback benefit, and you cannot add one after registration.
Q: Is there a limit on how many people I can refer? A: As a referrer, there is no cap on the number of people you can refer. Each person can only be referred once (one referral code entry at registration).
Q: How quickly do referral kickbacks arrive? A: Usually in real time. After the referred user completes a trade, the commission is credited to your Binance account promptly. You can view kickback records on the "Referral" page.
Q: Do I need to re-enter the referral code if I switch devices or reinstall the App? A: No. The referral relationship is tied to your Sign up on Binance account, not to a device. After switching phones or reinstalling the App, just log in with the same account.