Binance is a leading cryptocurrency exchange. It allows trading for well-known assets like Bitcoin and Ethereum. New users might not know they can lower trading fees by using a Binance referral code when signing up.
These promo codes work like coupons. They give discounts on fees and extra welcome bonuses when setting up an account. In this guide, we’ll share the Binance referral code and show how to use it to get the most rewards.
Table of Contents
What is a Binance Referral Code?
| Crypto Exchange | Binance |
| Binance Referral Code | KNQRCYIH |
| Sign-up Bonus | $100 USDT |
| Trading Fee Discount | 20% fee rebate for lifetime |
| Welcome Bonus | Futures bonus coupon |
| Minimum Deposit Required | 150 USDT |
| Minimum Trading Volume | $500 |
| KYC Required | Yes (Mandatory to receive rewards) |
The best Binance referral code is KNQRCYIH to get a $100 USDT signup bonus and a flat 20% trading fee discount. You will also get futures trading coupons and mystery boxes with an unknown amount of free Bitcoin.
Types of Binance Referral Program
- Lite Referral: This is the most common referral type. It typically provides a fixed sign-up bonus, like the $100 USDT, and offers a discount coupon on trading fees.
- Standard Referral: These referral codes can give you a direct 40% commission as a referee.
Benefits of Using a Binance Referral Code “KNQRCYIH”
Using the Binance referral code “KNQRCYIH” gives new users several valuable benefits.
Trading Fee Discounts: A major perk is lower trading fees. This referral code offers users a lifetime discount of up to 20% on every trade. For active traders, this can result in significant savings. New users also get a 20 USDT trading fee rebate voucher when they sign up.
Welcome Bonuses: Binance has great incentives for new users. By using the referral code “KNQRCYIH,” they can claim a 100 USDT welcome bonus, split into three parts:
- KYC bonus: Completing identity verification earns 20 USDT.
- Deposit bonus: Making the first deposit gets 30 USDT.
- Trading bonus: Placing the first trade awards 50 USDT.
These bonuses provide new users with up to 100 USDT in extra funds, giving them a strong start in trading.
Event-Driven Crypto Bonuses: Binance often runs promotional events that offer extra rewards, like cashback vouchers and free cryptocurrency giveaways. Specific offers change, but using a referral code ensures eligibility for these events. This helps users get the most out of regular promotions.
How to Apply Binance Referral Code?
Step 1: Sign Up with the Invitation Code “KNQRCYIH”
To get started, visit the Binance website. Once the homepage loads, locate and click the “Sign Up” button, typically found in the top right corner. This will take you to the registration page, where you’ll need to enter your email address and create a secure password that’s easy for you to remember.
During registration, you’ll see a field labeled “Referral ID (Optional).” Here, enter the Binance referral code “KNQRCYIH” to unlock exclusive signup bonuses.
After entering the referral code, review the Binance Terms of Service and Privacy Policy, then check the box to confirm your agreement.
Step 2: Complete KYC to Get a Referral Bonus
After creating your account, the next step is Know Your Customer (KYC) verification. This process boosts security by confirming your identity.
To start, go to your profile. Click “Account,” then select “Verification.” Binance will guide you through the steps. You’ll need to submit personal details and upload documents, like a government-issued ID (passport or driver’s license) and proof of address.
Once you provide all the required information, Binance will review your application. Verification times can vary. You’ll get a notification once your account is confirmed. Completing this step also gives you a signup bonus of 20 USDT.
Step 3: Fund the Account with Crypto or Fiat Currency
Now that your account is verified, you can deposit funds into your Binance wallet. In the Wallet section, you will find several deposit options, including cryptocurrencies and fiat currencies. You can also use the “Buy Crypto” section in the menu bar for quick purchases.
For fiat deposits, Binance offers three main methods:
- P2P Trading – Direct transactions with other users.
- Credit/Debit Cards – Instant deposits via card payments.
- Instant Buy through Third-Party Payments – Quick fiat-to-crypto purchases through supported payment providers.
After you start a deposit, processing times may vary based on the payment method. It might take some time for the funds to show up in your wallet.
Completing this step also makes you eligible for an additional 30 USDT bonus.
Step 4: Begin Crypto Trading and Claim Signup Bonus
To start trading, go to the “Markets” section on the Binance website. Here, you’ll see various trading pairs and markets available.
Choose the cryptocurrency you want to trade and the trading pair. For instance, if you want to exchange Bitcoin for Ethereum, select the BTC/ETH pair. You can also pick stablecoin pairs like BTC/USDT for more stability.
After selecting a trading pair, you’ll enter the trading interface. Here, you can place buy and sell orders. You can choose from different order types, like market orders or limit orders. Enter your desired amount and price, review the details, and confirm your order.
Once your first trade is complete, you’ll get an additional bonus of 50 USDT.
About Binance Exchange
Binance is a global cryptocurrency exchange. Changpeng Zhao founded it on July 14, 2017. It does not have a fixed headquarters. It supports over 400 cryptocurrencies and offers more than 1,200 trading pairs for over 210 million users in 180+ countries.
The platform has various trading options. These include spot, margin, futures, options, and peer-to-peer trading. Binance keeps fees competitive, with spot trading fees at 0.1% and futures fees from 0.02% (maker) to 0.05% (taker).
Its native token, Binance Coin (BNB), is vital for the ecosystem. It helps reduce trading fees and provides additional benefits. Binance also offers services like Binance Academy, Binance Labs, and Binance Launchpad to enhance education and project development in blockchain.
Security is a top priority. Measures like the SAFU Fund, two-factor authentication (2FA), anti-phishing codes, and cold wallet storage protect users. Binance works on regulatory compliance, which varies by region.
Users can access Binance through mobile apps for iOS and Android, making trading easier.
Read our full Binance exchange review here.
Conclusion
Using the Binance referral code “KNQRCYIH” gives you great perks when signing up. New users who register with this code get a $100 USDT bonus. This bonus provides a solid starting balance for trading.
The referral code also offers a 20% lifetime trading fee rebate. This rebate helps you save on every transaction. Plus, there’s a welcome bonus that includes a futures bonus coupon, adding more value to your initial deposit of at least 150 USDT.
To unlock these referral rewards, users must reach a minimum trading volume of $500. This referral code is a fantastic way to start trading on Binance while maximizing your benefits. Check out our Bybit referral code for more rewards.
FAQs on Binance Invitation Code
What is the Binance Affiliate Program?
The Binance Affiliate Program allows influencers, educators, and content creators to earn commissions. They do this by referring new users.
Affiliates can earn up to 50% of trading fees from users they refer. The actual amount depends on the type of referral link and tier level. The program supports spot and futures trading. Each type has its own commission structure. High-performing affiliates may unlock exclusive bonuses and access to special events.
To join, applicants must apply on Binance’s official affiliate page. They also need to meet certain criteria, like having a large and engaged audience.
How do I get a referral code for Binance?
To get a referral code for Binance, first, create an account on the platform. After you register, go to the Referral Section in your profile.
In this section, you can generate a unique referral code and link to share with others. When new users sign up with your referral, you’ll earn a commission on their trading fees.
Binance has a default commission rate, but you can change it. You can also share part of it with your invitees to encourage them to sign up.
What is the Binance $100 referral bonus?
The Binance $100 referral bonus is for new users who sign up with the Binance referral code “KNQRCYIH.” To qualify, users need to deposit at least 150 USDT and trade a minimum of $500.
After meeting these requirements, Binance gives the bonus as a futures trading coupon. Users must also complete KYC verification to claim the reward.
What is the 20% referral code for Binance?
The best 20% referral code for Binance is KNQRCYIH which offers a lifetime trading fee discount of 20% for the users who sign up with it. This discount applies to both spot and futures trading.
Is Binance safe & legit?
Binance is seen as safe and legitimate in the crypto world. It ranks among the largest and most trusted exchanges globally. It offers strong security features. These include two-factor authentication (2FA), withdrawal allowlists, and advanced data encryption.
Also, Binance meets global regulatory standards. It has set up a Secure Asset Fund for Users (SAFU) to protect user assets in emergencies.
What is Binance Referral ID Promo Code?
A Binance Referral ID Promo Code is KNQRCYIH which offers a lifetime trading fee discount of 20% and a $100 USDT welcome signup bonus.
What is Binance’s standard referral mode?
Binance standard referral mode is for users who want to earn lifetime commission for their referrals. However, Lite mode is a one-time reward mode.
How do I share a Binance referral code?
To share a Binance referral code, you need to access the referral section in your Binance account. Once there, you can generate a unique referral link or code. You can then share this link via social media, email, or directly with friends.
