The Binance Wallet (web version) has recently launched a rebate program. As long as you invite friends using your referral code, both parties can enjoy fee discounts, especially on trading fees, which can be reduced to as low as 90% or even lower. Want to know how to operate it specifically and how the referral code can help you save money? This article will help you understand the entire mechanism, allowing you to easily enjoy fee discounts on Binance trading.
Binance Wallet Referral Code: RKARNR2D (Binance Account Registration, Binance App Download)
1. Referral Code Makes Fees No Longer a Burden#
Although Binance's fees may not seem high, frequent trading can accumulate costs significantly. In Binance's newly launched rebate program, inviting friends to register and trade can earn you up to 80% in fee rebates, while your friends can enjoy a 10% fee refund. What does this mean? Simply put:
- You (the inviter) earn fee rebates based on your friend's trading volume, with a maximum of 80% of the fees refunded.
- Your friend (the invitee) immediately enjoys a 10% fee refund, reducing the trading fee from the original 100% to 90%.
These two layers of discounts not only make your trading cheaper but also incentivize you to invite more friends to participate.
2. How the 10% Trading Fee Discount Works#
When the invitee registers for the Binance Wallet (web version) using the referral code for the first time and trades, Binance will instantly refund 10% of the trading fees. For example, if the trading fee is usually 0.1%, after using the referral code, you only need to pay a 0.09% fee, which is equivalent to a 10% discount.
This rebate is issued on T+1 days, and users need to manually claim it on the rebate page of the Binance Wallet web version, which effectively saves on fees.
3. Why Inviting with a Referral Code is More Cost-Effective#
In regular direct trading, the fee is around 0.1% without any rebate, which can add up with frequent trades. Using a referral code is like receiving a direct, "cash-like" discount. This benefit is not limited to you; your friends can also enjoy this discount after registering with your referral code, lowering the entry barrier and increasing trading motivation.
As the inviter, the more your friends trade, the more rebates you earn. The rebate ratio is calculated based on the invitee's cumulative trading volume over the past 30 days, with a maximum of 80% fee refunds, which not only helps reduce your costs but can also be considered a source of income.
4. Analysis of Rebate Ratios and Reward Rules#
The rebate coefficient is not fixed but dynamically adjusted:
- The rebate ratio ranges from 30% to a maximum of 80%, depending on the invitee's rolling trading volume over the past 30 days.
- If your friend’s trading volume falls below a certain threshold for 10 consecutive days, your rebate ratio will adjust to the corresponding level on the 11th day.
- Rebate rewards are issued the day after trading (T+1), and the method of claiming is also flexible, requiring you to log in to the Binance Wallet web version to manually claim.
This means that inviting more active users results in more rebates and lighter fee burdens; conversely, the rebate ratio will be adjusted in real-time to ensure fair and reasonable rules.
5. Practical Convenience of Using a Referral Code#
Now, simply log in to the Binance Wallet web version, generate your exclusive referral code, and share it with friends. Once the binding relationship is successfully established, whether on the web version or the upcoming Binance Wallet App, the invitation relationship is automatically inherited without needing to bind again, making it very hassle-free.
This referral code serves as both an "entry ticket" and a treasure for continuous savings, allowing you and your friends to enjoy discounts in trading, significantly reducing the costs associated with fees.
6. Reasonably Utilize the Referral Code to Easily Lower Trading Costs#
- Fill in the referral code during registration to enjoy a 10% fee refund, saving you a tenth of the fees.
- Continue to invite active trading users to earn rebates based on their trading volume, offsetting your fee expenses.
- Regularly check the rebate page to timely claim rebate rewards to avoid loss of earnings.
- After binding the referral code, switch to using the Binance Wallet App, and the rebate rights will automatically take effect, saving you time and money.
This invitation mechanism effectively helps you build a network of earnings, making fees lighter and trading more sustainable.
Conclusion#
The Binance referral code is not just a simple invitation tool but an important means to effectively reduce trading fees. When friends register and trade on the Binance Wallet web version, you can earn up to 80% in rebate rewards, while your friends enjoy a 10% refund on trading fees, directly saving both parties a significant amount in fees.
With the help of the referral code, trading costs are greatly reduced, and the trading experience is enhanced. Whether you are a long-term trader or a newcomer, you can earn or save more through this rebate mechanism. Take action, grab your exclusive referral code, and embark on the journey of enjoying trading fees as low as 90% or even lower.