Binance, recognized globally as one of the safest cryptocurrency exchange, not only offers a wide array of trading options and resources to support traders but also provides many incentives for new users through its referral program.
[toc]
By utilizing our referral code WU16G8DX, you can gain access to Binance’s comprehensive trading tools along with added financial benefits.
This Binance referral code WU16G8DX offers a remarkable 20% fee discount on your trades, a significant advantage compared to other referrals which typically offer between 5 to 10% discounts.
Additionally, the referral program includes a $100 bonus in cashback, which is earned through a series of activities that new users can complete within their first week on the platform.
» GET THE $100 BONUS NOW «
This discount code is not just a minor saving; it’s a significant reduction that allows more of your funds to be allocated toward investments, enhancing your potential returns from trading.
What is a Binance Referral Code
A Binance referral code, such as WU16G8DX, is a unique string of characters that new users can enter during the signup process on the Binance cryptocurrency trading platform. This code is integral to Binance’s referral program, designed to benefit both the new user and the referrer. Win-Win!
Lower fees mean more of your money goes towards your investments rather than costs, maximizing your potential returns.
Why Our Binance Referral Code Offers More
IMPORTANT! Binance offers its users the flexibility to customize how they share the benefits of the referral system. The total commission potential from the referral program can reach up to 41%.
While many referrers opt to share configurations like 31% for themselves and just 10% for their invitees, we grant you a generous 20% discount, ensuring that more of your money remains yours to invest.
Our decision to offer a 20% discount to new users via the referral code WU16G8DX stems from a desire to empower traders and underscores our commitment to providing value to our community by ensuring that your trading journey begins with an exceptional financial advantage.
What is the Binance Future Referral Code
Binance Futures is a part of Binance, allowing traders to speculate on the future prices of cryptocurrencies using leverage. This means you can potentially increase your gains (or losses) depending on how the market moves.
When signing up for Binance Futures, you can use a referral code, just like you would when joining the standard Binance platform.
Our referral code WU16G8DX offers specific benefits for Binance Futures users, including a 20% rebate on trading fees and a $100 fee discount bonus.
This code helps reduce costs, making it easier and more cost-effective to start trading futures on Binance.
What is the Binance US Referral Code
While Binance serves a global audience, Binance US caters specifically to the needs of traders based in the United States, adhering to local regulations and offering tailored services.
The Binance US platform requires a separate referral code due to these regulatory differences: WU16G8DX
By using the referral code WU16G8DX, you amplify your trading efforts with reduced costs by 20% and a solid start with an initial 10$ cash bonus when you make your first deposit of 100$ or more.
Benefits of Using Binance Referral ID
Using a Binance referral ID, such as WU16G8DX, when signing up for a Binance (UK or Europe) account offers a variety of benefits that enhance the trading experience.
Here’s how you can maximize your advantages:
- Reduced Trading Fees: By entering the Binance referral ID upon signing up, you’ll receive a 20% lifelong discount on trading fees.
- Sign-Up Bonuses: You will get a $100 USDT trading fee credit if you deposit more than $50 within 14 days after registration. This bonus is unlocked through a series of steps.
- Earn Commission: By inviting friends with your referral ID, you can earn a commission on their trading fees. This is a continuous benefit that accumulates as the referred users trade more.
- Support Network Building: Using a referral ID supports the person who introduced you to Binance, fostering a sense of community and mutual growth within the platform.
These benefits collectively make using a Binance referral code a highly attractive option for both new and existing traders, enhancing both the economic and social aspects of their trading journey.
How to Use Binance Referral Code
Using the Binance referral code WU16G8DX is a straightforward process and designed to be user-friendly, ensuring that traders of all levels can easily take advantage of what Binance has to offer.
Here’s a step-by-step guide on how to apply the referral code during your sign-up process:
Step 1: Sign Up on Binance
- To register, visit the Binance website or download the app. For web users, simply use this direct link: Sign up on Binance with referral code WU16G8DX, which automatically applies the referral code giving you a 20% discount on trading fees and a $100 USDT trading fee credit.
- If using the Binance app, manually enter the referral code WU16G8DX in the ‘Referral ID (optional)’ field during registration to ensure you receive the same benefits.
- During registration, enter your personal details such as email and password accurately. Correct information is crucial for successful account verification and future transactions.
- Agree to Binance’s terms of use and complete the email verification to proceed to the next steps.
Step 2: Complete KYC Verification
- Once your account is created, log in and go to your profile. There, find the ‘Identification’ section, often prompted by a “Complete Now” pop-up. KYC (Know Your Customer) verification process is essential for unlocking full trading capabilities and ensuring the security of your account.
- You’ll be asked to confirm your country of residence and provide personal details. Then, upload the required identification documents, such as a passport or driver’s license.
- Follow the instructions to upload your documents and a selfie. This step might also involve facial recognition technology for added security.
- After submission, Binance will review your documents and notify you via email once your account is fully verified.
Step 3: Make a Deposit
Remember, to claim your $100 USDT trading fee credit, you need to deposit more than $10 within your first 14 days on the platform. This deposit can be in the form of cryptocurrency transfer from another wallet or a fiat currency deposit, depending on your preference.
Here’s how to buy cryptocurrency with fiat money on Binance:
- Access Your Wallet: Log into your Binance account, hover over [Wallet] and select [Fiat and Spot].
- Initiate a Deposit: Click on [Deposit] and then select the [Fiat] tab.
- Choose Currency and Payment Method: Choose the fiat currency you want to use, and select your preferred payment method. Binance supports various options including credit cards, debit cards, bank transfers, and cash balances.
- Enter Payment Details: Carefully enter all required payment information. Make sure everything is correct to avoid any issues.
- Confirm and Complete Your Deposit: Double-check all the details, and then confirm the payment to complete your deposit.
Step 4: Claim your 100$ USDT Trading fee credit
With your account set up and verified, and your initial deposit made, you can now navigate to the ‘Rewards Hub’ from your profile. Here, look for the $100 Welcome Bonus offer and click on “Claim Now.”
The $100 bonus is divided into three parts: get a 20 USDT rebate after verifying your identity, an additional 30 USDT after your first 10$ deposit, and 50 USDT after making your first trade.
Step 5: Start Trading
With your account set up and verified, and having entered the referral code WU16G8DX, you’re all set to begin trading. Enjoy the 20% discount on trading fees for life, enhancing your trading strategy by reducing costs.
Step 6: Share Your Own Binance Referral Code
Once you’re settled in, don’t forget to share your own referral code with friends and family.
Not only does this extend the same benefits to them, but it also allows you to earn commission on their trading fees, creating a win-win situation for everyone involved.
How to Find and Share Your Binance Referral Code
Sharing your Binance referral code is an easy way to earn extra rewards and provide benefits to others. Here’s how to do it in three simple steps:
Step 1: Access Your Referral Information
Log in to your Binance account and navigate to the “Referral” section found under your profile menu. This page will display your unique referral code and link.
Step 2: Customize and Generate Your Link
Customize the commission kickback rate if desired, which allows you to decide how much of a discount to offer to those you refer.
Click on “Generate your link” to create a personalized referral link based on your settings.
Step 3: Share Your Referral Link
Copy your newly generated referral link or use the QR code provided.
Boost your referrals by sharing your unique referral code or link through email or social platforms like Facebook.
Binance provides various tools on the referral page to facilitate sharing, including direct social media sharing buttons and the option to send invites via email.
When someone signs up through your link, they’ll receive benefits such as a trading fee discount, and you’ll earn commissions on their trades.
How to Receive and Utilize Your Binance Referral Commission
Receiving your Binance referral commission is an automated process that benefits both the referrer and the new user. Here’s how you can access and use your referral rewards on Binance:
Monitoring Your Referral Success
Firstly, keep track of your referral activities by visiting the ‘Referral’ section on your Binance account dashboard.
This page provides detailed real-time updates on commission histories and referral statistics, allowing you to assess the effectiveness of your referral efforts.
How Commissions Are Paid
Binance pays out referral commissions in real time directly into your BNB balance.
This means that whenever one of your referred friends makes a transaction that incurs a fee, a portion of this fee is credited to you instantly.
There’s no cap on the number of people you can invite, making it a potent tool for earning passive income.
Withdrawing Your Commissions
You have the flexibility to withdraw your accumulated commissions at any time.
These funds can be used to pay for transaction fees on binance.com, purchase cryptocurrencies, or for trading on the exchange itself.
To withdraw, simply go to the ‘Wallet’ section, select ‘Withdraw’, and follow the prompts to transfer your funds to your desired destination.
FAQ on Binance Referral Program
What is a Binance referral code?
A Binance referral code is a unique sequence of numbers and letters provided to Binance users, allowing them to invite others to join the Binance platform.
When new users sign up using this code, they can receive benefits such as reduced trading fees. The referrer also earns a commission based on the trading activity of the referred user.
How does the Binance Futures referral ID work?
The Binance Futures referral code works similarly to the spot market referral code but is specifically used for the Futures trading section on Binance.
When a new user registers for Binance Futures using a referral code, both the referrer and the referee receive benefits like discounts on trading fees.
This system encourages users to invite others who are interested in trading futures on Binance.
Where is my Binance referral ID?
You can find your Binance referral code by logging into your account, navigating to the profile menu, and selecting “Referral.”
Your unique referral code and link will be displayed on this page, ready to be shared with potential new Binance users.
How to change my referral code on Binance?
Currently, Binance does not allow users to change their unique referral codes once they have been generated.
However, users can create multiple referral links and customize them with different commission rates and notes to differentiate between the links shared across different platforms.
Binance Futures referral code: Where to find?
To find your Binance Futures referral code, you should access the Futures section of your Binance account. Go to your account dashboard, select “Futures,” and then look for the “Referral” option.
Here, you’ll find your Futures referral code and link, distinct from the spot market referral details.
How to get a Binance referral code?
If you are a new user looking to receive a referral code, you can get one from an existing user, like ours: WU16G8DX.
If you are an existing user, go to the ‘Referral’ section of your Binance account to access your unique referral code and link.
How to enter referral code in Binance after registration?
Unfortunately, Binance does not allow the entry of a referral code after the account registration process has been completed. To take advantage of a referral code, it must be entered during the initial signup process.