Many people don't realize referral codes exist when registering for Binance. After completing registration, they discover that using a referral code provides fee discounts. So where exactly do you enter it? Can you add one later?
Where to Enter the Referral Code
The referral code is entered on the registration page:
- Open the Binance registration page
- Fill in email/phone number and password
- Below the registration form, there's a "Referral ID (Optional)" input field
- Enter the referral code here
- Complete registration
Some registration links already include a referral code — when registering through such links, the code auto-fills without manual entry.
What's the Benefit of Using a Referral Code?
The most direct benefit is fee rebates. Based on the referrer's settings, a portion of your trading fees is returned to you on each trade.
The specific rebate rate depends on the referrer's configuration, up to 20% of your fees. For example, if a trade costs 10 USDT in fees, you might get 2 USDT back.
Over the long term, this adds up. If your monthly trading fees are 200 USDT, a 20% rebate means 40 USDT monthly or 480 USDT annually.
What If You Forgot to Enter It During Registration?
Unfortunately, Binance currently does not support adding a referral code after registration. The code can only be bound at the moment of registration. If you've already registered without one, you have several options:
Option 1: Re-register with a new email/phone If you just registered, have no funds or trade history, consider re-registering with a different email or phone number — this time with the referral code.
But note:
- One ID can only be linked to one Binance account
- If you've already completed KYC, contact support to close the old account first
- Ensure the old account has zero funds
Option 2: Accept the situation If you've been trading for a while, completed KYC, and have trade history, the cost of re-registering is too high. Accept the no-rebate reality and save on fees through other methods (BNB deduction, VIP tier, etc.).
Option 3: Become a referrer yourself While you missed out on your own referral benefits, you can invite others and earn commission from their trading fees. Essentially "lose your own rebate, earn back from others' referrals."
How to Get Your Own Referral Code
After registration and KYC, generate your own referral code and link:
- Open Binance APP → More → Invite
- View your referral code and link on the invite page
- Set the rebate percentage for your referees
- Share the link with friends
You can set the split — for example, giving referees 10% rebate while you keep 10% from their fees.
Are "Referral Code" and "Invitation Code" the Same Thing?
Yes. On Binance, "referral code," "invitation code," "Referral Code," and "Referral ID" all refer to the same thing — just different names.
Watch Out for These Traps
-
Don't believe "high rebate" scams: Claims of 50%+ rebates don't align with Binance's rules. Legitimate maximum rates have caps.
-
Don't buy referral codes: Referral codes are free — paying for one means dealing with a scammer.
-
Referral code ≠ VIP: Using a code doesn't make you VIP — VIP requires meeting trading volume or BNB holding requirements.
Remember — spending 5 extra seconds to enter a referral code during registration means paying a little less on every future trade. It's a zero-cost savings method.