Binance Wallet (Web Version) recently launched a rebate program, where inviting friends not only earns rebates but also allows friends to enjoy refunds on trading fees on the platform. This brings actual fee discounts to everyone, equivalent to a 10% reduction in trading fees. Therefore, understanding how the Binance Web3 wallet achieves a 10% discount on fees can better help users of the Binance wallet plan their usage strategies and gain the most benefits.
How is the 10% Discount on Trading Fees Achieved?#
The standard trading fee for the Binance Web3 wallet is the platform's standard rate, but through the invitation rebate mechanism, part of the fee is refunded to users, effectively achieving a 10% discount on actual trading fees. Specifically:
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New users register with an invitation code and trade on the Binance platform.
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The inviter receives a rebate reward of up to 80%, calculated based on the invited person's trading volume over 30 days.
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The invited friend will receive 10% of the trading fee refunded to their account when they trade.
Assuming the standard trading fee is 100 USDT, the invited friend actually pays only 90 USDT, equivalent to enjoying a 10% discount. This 10% fee refund directly reduces the friend's trading costs.
Relationship Between the Rebate Program and the 10% Fee Discount#
The Binance Web3 wallet rebate program is not just a simple bonus; it effectively optimizes earnings through rebate rewards and fee refunds along two lines:
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Invitation Rebates: The inviter receives a trading fee rebate of 30% to 80% based on the trading volume of friends, incentivizing them to invite more active users.
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Fee Refunds: The invited person can enjoy a direct refund of 10% of the trading fees.
These two components combined provide tangible discounts on trading costs for both the inviter and the invited. The cash refund of trading fees for the invited person is what is commonly referred to as "10% discount on fees."
How to Use Binance Web3 Wallet to Achieve Fee Discounts?#
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Register and Bind Invitation Code
Log in to your Binance account using the Binance Wallet (Web Version), go to the rebate page to generate or enter your invitation code, such as:RKARNR2D
, and complete the binding. -
Invite Friends to Register and Trade
Send your exclusive invitation code or invitation link to friends; when they register through that link, the system will automatically bind the rebate relationship. -
Friends Start Trading and Generate Fees
When friends conduct on-chain transactions on Binance, the 10% rebate reward will be credited to their account on T+1 day. -
Claim Rebate Rewards
Rebate rewards and fee refunds need to be manually claimed on the rebate page, so remember to check daily to avoid missing out. -
Maintain Long-term Active Trading of Friends
The rebate ratio is maintained based on the rolling trading volume of invited friends over 30 days; if it falls below the threshold for 10 consecutive days, the rebate ratio will decrease, so the inviter's earnings will fluctuate with their friends' activity levels.
Why Choose Binance Web3 Wallet for Fee Discounts?#
As an on-chain asset management tool, Binance Wallet, combined with Binance's powerful trading ecosystem, makes trading fee costs a long-term consideration. Through the rebate program, the Binance Web3 wallet not only brings additional income but also effectively reduces trading fee expenditures, with clear benefits:
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Save Money: Directly enjoy a 10% refund on trading fees, equivalent to a 10% discount.
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Simplicity: No complicated operations are needed; just bind the invitation code, and trading will automatically refund.
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Win-Win: Both the inviter and the invited benefit, creating a closer user relationship.
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Strong Planning: Based on friends' trading volume, one can enjoy rebates of up to 80%, allowing earnings to accumulate continuously.
For heavy trading users, this translates to significant long-term savings on fee costs.
Impact of the Upcoming Binance Wallet (App) Rebate Program#
When the Binance Wallet App version's rebate program launches, it will continue the invitation binding relationships from the web version. This means:
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Previously bound invitation codes do not need to be re-bound.
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User rights between the web and app versions can be interchanged, and rebates and fee refunds will not be discounted.
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The continuity and convenience of using the Web3 wallet are guaranteed.
This also makes the experience of the 10% fee discount more complete, allowing users to enjoy real fee discounts when trading across devices through the wallet.
Conclusion#
The Binance Web3 wallet, through the newly launched rebate program, has implemented a 10% refund on friends' trading fees, achieving a 10% discount on fees. After binding the relationship with an exclusive invitation code, part of the friends' trading fees will be refunded, intuitively reducing trading costs. The inviter can also receive rebates of up to 80%, and this multi-win mechanism naturally forms fee discounts.
The 10% discount on fees is not a false offer; it is a genuine refund based on rebates, credited directly to the account. Binance users looking to save money should promptly bind their invitation codes to participate, trading planning in exchange for fee discounts. Once the Binance Wallet App rebate goes live, the cross-platform experience will be smoother, and fee discounts will be more flexible and sustainable.
By reasonably using the Binance Web3 wallet rebate system, achieving a 10% discount on trading fees is simple, saving money while earning rebates, making it a benefit that Binance wallet users should not miss.