If you want to invest in crypto, you will have to create an account on the Binance.com exchange sooner or later. After all, it is the largest crypto exchange in the world. But did you know that it also offers a sign-up bonus? Using the promo code in the Binance Referral ID field during registration or creating an account through a special link lets you claim a $100 bonus in vouchers and a lifetime 20% fee rebate. So, how do you claim your Binance sign-up bonus in 2024? Let us explain!
- What is the Binance referral code?
- Benefits of using Binance referral ID promo code
- How to use the Binance referral promo code?
- How to reduce fees even more?
- What if the referral invitation code doesn’t work?
- Is it worth using the Binance promo code?
- Other Binance bonuses
- Maximize your profit with Binance
- Frequently asked questions
What is the Binance referral code?
A Binance referral code is a unique promo code you enter during sign-up in the Binance Referral ID field. This code provides several benefits. First, you can get a $100 Binance sign-up bonus. This bonus is a great start for new users.
Secondly, using a Binance promo code can reduce your fees. For a lifetime, you can enjoy a 20% fee rebate on the spot market and a 10% on Binance Futures, saving you a lot of money in the long run. The best referral ID code to use is HO4LG51W.
Using a Binance Referral ID maximizes your benefits and saves money. To take full advantage of this, enter code HO4LG51W during your sign-up or create an account using this link.
Benefits of using Binance referral ID promo code
Using a Binance Referral ID promo code provides multiple benefits that can enhance your trading experience. One of the key advantages is a 20% lifetime discount on spot fees. Additionally, you receive a 10% discount on futures trading. When you combine these discounts with the option to pay fees using Binance Coin (BNB), achieving a discount of up to 45% becomes possible. Such a substantial fee rebate can save you considerable money in the long term. Frequent traders who wish to maximize their profits and minimize costs will find it particularly beneficial.
Another significant benefit of using a Binance Promo Code is the $100 welcome sign-up bonus. This bonus is divided into three parts and provides several incentives:
- Upon completing the Know Your Customer (KYC) verification, you are awarded a $20 no-deposit bonus. This immediate bonus encourages you to explore the platform.
- After making the first deposit, you receive another 30$ bonus, which motivates you to start trading and investing in various cryptocurrencies.
- Upon completing the first trade, a $50 bonus is given, acting as an incentive to continue trading on Binance.
The total sign-up bonus of $100 is provided through vouchers. These vouchers help reduce trading fees and remain valid for up to 28 days after registration. Claiming these bonuses is straightforward. Simply visit the “Rewards Centre” tab and click Claim.
Using a Binance sign-up bonus enhances your initial trading experience and provides a cost-effective way to start investing in crypto. The combination of fee discounts and welcome bonuses makes Binance a highly attractive platform for new and experienced traders. Using a Binance Referral ID promo code unlocks these exclusive benefits, ensuring a more profitable and enjoyable trading experience!
How to use the Binance referral promo code?
Using the Binance referral promo code is very simple process and comes down to following just a few simple steps.
Step 1: Sign up on Binance
Start by opening an account on the Binance. Visit the Binance website and click on the “Register” button. Enter your email address and create a secure password. Make sure to agree to the terms of use. In the Referral ID (Optional) box, type HO4LG51W to ensure you receive a sign-up bonus and a 20% lifetime fee rebate.
Step 2: Complete verification
Log in to your new Binance account. Confirm your country of residence and fill in your personal details, such as your full name, date of birth, and residential address.
To fully unlock your Binance account and access all features, complete the Know Your Customer (KYC) process. Upload the required identification documents, such as a passport, driver’s license, or national ID card. Provide a clear photo of the document and a selfie to verify your identity. Binance will review your documents and notify you via email when the verification is complete.
Step 3: Claim your referral code rewards
Once your account is verified, you can claim rewards using your referral code. Log in to your Binance account and go to the “Rewards Hub” in your profile. Under the “Ongoing” tab, locate the $100 Welcome Bonus reward and click “Claim Now.”
To receive your rewards, complete the necessary tasks:
- Verify your identity (20 USDT – no deposit required)
- Make your first deposit (30 USDT)
- Make your first trade (50 USDT)
And that’s it. You can now start trading on Binance’s Spot or Futures markets, enjoying referral discounts and rewards.
How to reduce fees even more?
Binance also has its own native token called BNB. One of its use cases is around fee discounts. By using BNB to cover commissions, you can reduce them by even more, up to 25%. It all depends on what part of the platform you are trading in.
- For the spot market, the rebate can be as high as 25%.
- For futures trading, the discount is 10%.
So, combined with the Binance sign-up bonus described earlier, using BNB can make us trade almost half as cheap as normal!
What if the referral invitation code doesn’t work?
Sometimes, referral invitation codes may not work. Here are common reasons why this happens and what you can do about it.
- First, ensure you have entered the code correctly. Check for any typos. Even a small mistake can make the code invalid.
- Next, remember that Binance Referral ID promo codes are only for new users. If you are not a new user, the code won’t work for you.
If you have checked these factors and the code still doesn’t work, contact Binance support. They can help you resolve the issue. Provide them with details about the referral code and the problem you are facing.
Is it worth using the Binance promo code?
Claiming a Binance welcome bonus is worthwhile if you plan to actively use this exchange. Thanks to the sign-up bonus, you will get a lifetime 20% discount on fees, which can result in significant savings in the long run.
On the other hand, if your goal is just to grab the bonus quickly and stop using the platform, you may feel disappointed. The $100 bonus is awarded in the form of vouchers that can be used to reduce fees on the exchange. You can’t withdraw this money to your private wallet.
Moreover, the validity of these vouchers is only 28 days, which means that they must be used within this period in order not to be forfeited.
Other Binance bonuses
The Binance sign-up welcome bonus is not the only bonus you can claim. The exchange regularly organizes various promotions, so it’s worth having an account today. Besides the welcome bonus, you can also take advantage of such benefits as:
- Learn and Earn section: Here you can earn rewards for solving quizzes.
- Binance Launchpool: Here you can earn tokens of new projects by staking BNB or FUSD.
- Airdrops: Binance regularly distributes airdrops to its users. You can find information about bonus airdrops in the Airdrop Portal tab.
- Trading contests: The platform often organizes trading contests. The prize pools are really generous!
- Zero fees: Binance often activates zero-fee promotions for new trading pairs.
Binance referral program
Another way to earn extra money on Binance is a referral program, which lets you invite friends and earn commissions. You can create your own Binance referral ID promo code and share it with friends and followers.
Binance offers commissions on spot trading, futures trading, and Binance Pool activities. This means you can earn a steady income as long as your referrals keep trading on Binance. In 2024, you can earn up to 40% commission as a standard referral and 50% commission as an affiliate member.
Maximize your profit with Binance
Binance is one of the top crypto exchanges. It offers an attractive sign-up bonus in 2024. By using the promo code HO4LG51W during registration, you can get a $100 bonus in vouchers and a lifetime 20% fee rebate. Using Binance Coin (BNB) for fees can lead to even greater savings. So, create your Binance account now to maximize your profit and enhance your trading experience!
Frequently asked questions
What is the Binance sign-up bonus?
How can I get a Binance sign-up bonus?
Where do I enter the Binance Referral ID?
What benefits do I get with a Binance Referral ID?
Can I use a Binance promo code after registering?
Can I check the status of my Binance sign-up bonus?
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