Binance gives new users access to promotional welcome rewards (often vouchers or USDT bonuses) and can apply a trading-fee discount or rebate for your first trades.So, Use the Binance referral code BY500 to claim available welcome bonuses worth $100 USDT and trading-fee discounts. This practical guide shows step-by-step how referral bonuses work, how to lock in a $100 USDT signup reward (when available), how fee discounts save you money, and how to turn referrals + Binance Earn into steady passive income.
Click to register and get Binance Rewards
Meanwhile, referrers can earn commissions whenever invited friends trade — making referrals a real source of passive income when paired with Binance Earn products.
What is a Binance referral code
A Binance referral code is a short alphanumeric string a current Binance user shares with a friend. When the friend signs up with that code and completes the required tasks (KYC, deposit, or first trade), both parties can get rewards: the new user often receives a welcome voucher or USDT bonus; the referrer earns a share of future trading fees or one-time rewards. Binance supports multiple referral modes (Lite & Pro) and configurable commission rates depending on the campaign
How to claim a signup bonus with Binance Referral Code: Step-by-Step Guide
- Create your Binance account by visiting the binance app or website.
- Enter email address and set password
- Then, enter the referral code BY500 at Binance Referral Code Box at registration.
- Complete KYC/identity verification (usually required).
- Make the minimum required deposit or first buy (many campaigns require a minimum purchase/deposit, often ~$50–$100).
- Complete the first trade (spot or convert) if the campaign requires it.
Receive voucher(s) or 100 USDT bonus in your account within the timeframe stated in the campaign rules.
Maximizing Your Binance Referral Code Benefits
Simply using the Binance referral code BY500 is a great start, but savvy traders implement additional strategies to maximize their savings and earnings:
- Leverage BNB for Additional Fee Discounts- Binance offers an extra 25% discount on trading fees when you pay fees using Binance Coin (BNB), the platform's native token. Combined with your referral code discount, this creates a substantial fee reduction that compounds with every trade. Simply hold BNB in your account and enable the "Use BNB to pay for fees" option in your account settings.
- Understand Maker vs. Taker Fees- Binance employs a maker-taker fee model. Maker orders (limit orders that add liquidity to the order book) typically have lower fees than taker orders (market orders that remove liquidity). When possible, use limit orders to qualify for maker fees and maximize your savings.
- Increase Your VIP Level- Binance operates a tiered VIP program based on 30-day trading volume and BNB holdings. As you trade more and climb VIP levels, your base fees decrease further. Combined with your Binance referral code discount and BNB fee payment, high-volume traders can reduce fees to minimal levels.
- Participate in Trading Competitions- Binance regularly hosts trading competitions with substantial prize pools. These events often reward top traders, highest volume traders, or specific trading pair participants. As a verified user who registered with a referral code, you typically have full access to these opportunities.
- Explore Binance Earn Products- Beyond trading, Binance offers various passive income opportunities through Binance Earn, including flexible savings, locked staking, DeFi staking, and liquidity farming. These products allow your crypto to generate returns even when you're not actively trading.
- Use Binance Convert for Small Trades- For smaller transactions or quick crypto swaps, Binance Convert offers a simple interface without worrying about order books. While fees are built into the exchange rate, it's often more convenient for casual swaps between cryptocurrencies.
FAQs
Q: What is a Binance referral code?
A: A Binance referral code is a short promo code or link that connects a new user to an existing Binance account so both can receive rewards like trading-fee vouchers or commission splits.
Q: Does Binance offer a $100 signup bonus for using a referral code?
A: Binance periodically offers welcome packages worth up to $100 USDT in trading-fee rebate vouchers or token vouchers to eligible new users who complete tasks (KYC, deposit, first trade). Availability depends on the current promotion and your jurisdiction — always verify on Binance’s official promotion page.
Q: How do I get trading fee discounts from a referral code?
A: Some referral campaigns include fee rebate vouchers or percentage discounts. Additionally, as a referrer you may receive a portion of referees’ trading fees as commission. Commission percentages are performance-based and updated by Binance.
Start Your Binance Journey Today- Final note
Visit Binance now, use Binance referral code BY500 during registration, and begin your crypto journey with maximum benefits like a sign up bonus $100 USDT and 20% off on trading fees. Your future self—looking back at all the fees you saved and bonuses you earned—will appreciate the small effort you made today to optimize your account from the start.
The world's largest cryptocurrency exchange is ready for you. Make sure you're ready to make the most of it by using Binance referral code BY500 and unlocking all available signup bonuses and fee savings.
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