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How to Use Binance Referral Code: Complete Guide to 20% Discount & Bonuses (2025)

Complete step-by-step guide on how to use Binance referral codes, where to enter them, signup tutorial, and how to claim your 20% trading fee discount and bonuses.

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Binance Expert Team

Author

1/15/2025
15 min read

How to Use Binance Referral Code: Complete Guide to 20% Discount & Bonuses (2025)

Are you looking to save money on your cryptocurrency trading fees? Using a Binance referral code is one of the best ways to get started with significant savings. In this comprehensive guide, we'll walk you through everything you need to know about Binance referral codes, including how to use them, where to enter them, and how to maximize your benefits.

What is a Binance Referral Code?

A Binance referral code is a unique identifier that allows new users to receive special benefits when signing up for Binance, the world's largest cryptocurrency exchange. When you use a valid referral code during registration, you can enjoy:

  • 20% discount on trading fees for life
  • Welcome bonuses up to $100
  • Exclusive promotions and rewards
  • Priority customer support access

Best Binance Referral Codes for 2025

Here are the most current and beneficial Binance referral codes available:

Primary Referral Code: BESTFEES20

  • 20% lifetime trading fee discount
  • Up to $100 welcome bonus
  • Valid for all new users

Alternative Codes:

  • CRYPTO2025 - 20% fee discount + $50 bonus
  • BINANCE20 - 20% fee discount + exclusive rewards

Important: Always use referral codes from trusted sources like Best Fees Crypto Exchange to ensure you get the maximum benefits.

Step-by-Step Guide: How to Use Binance Referral Code

Step 1: Access the Binance Registration Page

  1. Visit the official Binance website at binance.com
  2. Click on the "Register" button in the top-right corner
  3. Alternatively, use our direct link to Binance with referral code for automatic application

Step 2: Enter Your Registration Information

  1. Email Address: Enter a valid email address
  2. Password: Create a strong password (minimum 8 characters)
  3. Referral Code: Enter BESTFEES20 in the referral code field

Step 3: Where to Enter the Binance Referral Code

The referral code field is located in different places depending on how you access Binance:

Desktop Registration:

  • Look for the "Referral ID (Optional)" field below the password field
  • Enter your referral code: BESTFEES20
  • The field may also be labeled as "Referral Code" or "Invitation Code"

Mobile App Registration:

  • Download the official Binance app
  • Tap "Register"
  • Scroll down to find the "Referral Code" field
  • Enter BESTFEES20

Pre-filled Referral Links:

  • Use our Binance referral link for automatic code application
  • The referral code will be pre-filled when you click the link
  • Verify the code is present before completing registration

Step 4: Complete Email Verification

  1. Check your email for the verification code
  2. Enter the 6-digit code in the verification field
  3. Click "Submit" to verify your email

Step 5: Complete Identity Verification (KYC)

To unlock all features and higher withdrawal limits:

  1. Go to "User Center" → "Identification"
  2. Select your country/region
  3. Upload required documents:
    • Government-issued ID (passport, driver's license, or national ID)
    • Proof of address (utility bill or bank statement)
  4. Complete facial verification
  5. Wait for approval (usually 15 minutes to 24 hours)

How to Claim Your Binance Bonuses

Trading Fee Discount Activation

Your 20% trading fee discount is automatically applied once you:

  1. Complete registration with a valid referral code
  2. Verify your email address
  3. The discount applies to all spot and futures trading

Welcome Bonus Claiming Process

  1. Complete KYC verification within 30 days
  2. Make your first deposit (minimum $50 equivalent)
  3. Complete your first trade (minimum $100 equivalent)
  4. Bonuses are credited within 7 business days

Bonus Types Available:

Spot Trading Bonus

  • Up to $100 in USDT
  • Requires completion of spot trading tasks
  • Valid for 30 days after registration

Futures Trading Bonus

  • Up to $100 in USDT
  • Requires futures trading activation
  • Includes additional leverage benefits

Deposit Bonus

  • Percentage-based bonus on first deposit
  • Varies by promotion period
  • Check current offers on your dashboard

Binance Signup Tutorial: Complete Walkthrough

For Desktop Users:

  1. Navigate to Binance.com
  2. Click "Register" in the top menu
  3. Choose registration method:
    • Email registration (recommended)
    • Phone number registration
  4. Fill in details:
  5. Agree to terms and click "Create Personal Account"
  6. Verify email with the code sent to your inbox
  7. Complete security setup:
    • Enable 2FA (Google Authenticator recommended)
    • Set up SMS verification
  8. Complete KYC verification for full access

For Mobile App Users:

  1. Download Binance app from official app stores
  2. Open app and tap "Register"
  3. Enter registration details:
    • Email or phone number
    • Strong password
    • Referral code: BESTFEES20
  4. Verify account via email/SMS
  5. Set up security features:
    • Biometric login
    • 2FA authentication
  6. Complete identity verification
  7. Start trading with your discount

Maximizing Your Binance Referral Benefits

Trading Fee Optimization

With your 20% referral discount, your effective trading fees become:

Trading TypeStandard FeeWith 20% DiscountYour Fee
Spot Trading0.1%20% off0.08%
Futures Trading0.02%20% off0.016%
Margin Trading0.1%20% off0.08%

Additional Savings Strategies:

  1. Use BNB for fees: Additional 25% discount when paying fees with BNB
  2. VIP program: Higher trading volumes unlock better fee rates
  3. Staking rewards: Earn passive income on your holdings
  4. Launchpad participation: Access to new token launches

Common Issues and Troubleshooting

Referral Code Not Working?

Possible Solutions:

  1. Clear browser cache and try again
  2. Use incognito/private browsing mode
  3. Try a different browser or device
  4. Contact Binance support if the issue persists

Code Field Not Visible?

Check these locations:

  • Below the password field during registration
  • In the "Advanced" or "More Options" section
  • On the mobile app, scroll down to find the field
  • Use our direct referral link for automatic application

Bonus Not Received?

Verification steps:

  1. Ensure you completed KYC verification
  2. Check if you met the minimum deposit/trading requirements
  3. Allow 7 business days for bonus processing
  4. Contact customer support with your registration details

Binance vs Other Exchanges: Why Choose Binance?

Advantages of Using Binance:

FeatureBinanceCompetitors
Trading Fees0.1% (0.08% with referral)0.1% - 0.5%
Available Cryptocurrencies600+50-300
Daily Trading Volume$15+ billion$1-5 billion
Security FeaturesAdvancedStandard
Mobile App Rating4.5/53.5-4/5

Why Binance Referral Codes Matter:

  • Immediate savings on all trades
  • Lifetime benefits - discount never expires
  • Compound savings when combined with BNB fee payments
  • Access to exclusive features and promotions

Security Best Practices for New Binance Users

Essential Security Setup:

  1. Enable 2FA immediately after registration
  2. Use Google Authenticator instead of SMS when possible
  3. Set up withdrawal whitelist for added security
  4. Enable email notifications for all account activities
  5. Use strong, unique passwords for your account

Red Flags to Avoid:

  • Never share your login credentials
  • Don't click suspicious email links claiming to be from Binance
  • Always verify you're on the official Binance website
  • Be cautious of fake referral codes promising unrealistic benefits

Frequently Asked Questions

Can I use multiple referral codes?

No, you can only use one referral code per account during registration. Choose the best one that offers maximum benefits.

Does the referral discount expire?

No, the 20% trading fee discount is permanent and applies to all your trades for life.

Can I change my referral code after registration?

Unfortunately, referral codes cannot be changed after account creation. Make sure to enter the correct code during signup.

What happens if I don't use a referral code?

You'll miss out on the 20% fee discount and welcome bonuses. You'll pay standard trading fees without any discounts.

Are there any restrictions on the referral program?

The referral program is available to new users only. Existing Binance users cannot apply referral codes to their accounts.

Conclusion: Start Your Binance Journey with Maximum Benefits

Using a Binance referral code is the smartest way to begin your cryptocurrency trading journey. With the BESTFEES20 referral code, you'll enjoy:

  • ✅ 20% lifetime trading fee discount
  • ✅ Up to $100 welcome bonus
  • ✅ Exclusive promotions and rewards
  • ✅ Access to the world's largest crypto exchange

Don't miss out on these significant savings. Sign up for Binance today using our referral code and start trading with the best rates available.

For more information about cryptocurrency exchange fees and comparisons, visit Best Fees Crypto Exchange - your trusted source for finding the lowest trading fees across all major exchanges.


Disclaimer: Cryptocurrency trading involves risk. Always do your own research and consider your financial situation before trading. Referral benefits and promotions may change based on Binance's current terms and conditions.

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