![]() ![]() Your trading volume is simply the summation of the value of all of the trades you do on Binance. This is for people who have a 30d trading volume of under 50 BTC. The default Binance trading fee starts at 0.1%, which is already pretty low. Like for all exchanges, people who trade a lot on their Binance account generate more commission for Binance and are hence allowed to pay a lower fee rate. Binance Trading Feesīinance's fee schedule varies from user to user, as it depends on the fees Binance makes from your crypto trades. ![]() Since Binance posts new promotions all the time, be sure to keep an eye on their website, and follow Binance's social media links so you can stay up to date on the newest & biggest promotions.Ī relevant social media link is Binance's official Twitter, and you can even follow the founder of Binance, CZ, on social media for market updates and Binance-related information. It's a good way to help support your friends and let them do the same. You can open up the Binance referral page to see your friends/Binance referrals, and you can watch the people you refer roll in (in real-time). The codes we provide have some of the best commission bonus rates for referrals, but making your own is a solid way to gain a little bit of cashback. If you refer people yourself, you will earn a commission on the fees Binance makes when your friends/referrals make trades on the website. Have them sign up using one of your Binance referral links, and they'll get a trading fees discount. Of course, the Binance referral codes system is one you can use as well since you can invite your own friends if they are into cryptocurrency too. Having a Binance account is truly a gift that keeps on giving. ![]() Here and here are links to previous Binance promotions, which will give you an idea of the sorts of prizes you can earn.Īs you can see, the website shows you how can earn shares of massive trading pools, huge bonuses on your account, a big kickback, or even a cool NFT prize. Binance Promotionsīinance is one of the few exchanges out there that continually rewards users, not only with a discount on their trading fees but in other fun and creative ways.įor example, Binance often hosts trading competitions, where winners can earn exciting prizes like lower commission rates, increased cashback, bonus crypto prizes, and more. It truly is a win-win situation when it comes to creating a Binance account. Throughout its history, Binance has cemented itself as a champion exchange in the cryptocurrency ecosystem, especially with the additions of Binance Coin (BNB) and the Binance Smart Chain.īinance also offers 24/7 support that all users are entitled to when they sign up to trade.īinance's referral ID program is the cherry on top: not only are you awarded the trading fees discount thanks to the given code via the Binance referral ID program offering, but you also get to trade on a world-class exchange with hundreds of high-quality coin listings. Review of Binanceīinance currently processes over $2b in daily transaction volume and runs trades at a rate of over 1.4m transactions per second. Thanks to the Binance Referral ID rate discount kickback, you get a free discount on all of the volume you generate on Binance - but there's a lot more to love about this exchange than just low trading fees on the referral program. You will also see many comments on review sites echoing this sentiment. Out of all of the exchanges out there, Binance is one of the best as we found in our review. Making a Binance account using the given Binance Referral ID code is a great idea, since Binance is currently the world's leading cryptocurrency exchange.
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