Binance Referral Fee 20% Discount
https://www.binance.com/join?ref=UJH0EK9Z
For new Binance users, the first thing to check is whether the 20% referral fee discount is applied.As the world’s largest cryptocurrency exchange by trading volume, Binance charges fees for every transaction, and the accumulated cost can grow significantly as your trading activity increases.
For users who frequently make short-term trades or repeated transactions, the long-term savings from using a referral code can be substantial.
The 20% referral discount is available to all new users during account registration, either by signing up through a referral link or entering a referral code during the registration process. Since the referral code cannot be modified after the account is created, it is essential to confirm that the code has been properly applied before completing account creation.
The referral discount provides steady cost savings across most trading environments, including spot and margin trading, making it a key benefit that should not be missed when starting Binance.
Binance Registration
Binance registration is relatively simple, but it includes important steps that directly affect trading convenience and account security later on. Therefore, it should be completed carefully.
1. Access the Official Website
To avoid phishing or imitation domains, always access the official Binance website or use a trusted referral link. When signing up through a referral link, the 20% referral fee discount is automatically applied.
2. Enter Email or Phone Number
On the registration page, enter your email address or mobile number. After entering the verification code, you can proceed to the next step. Email registration is generally preferred due to its stability.
3. Set Your Password
Your Binance password must meet the following requirements:
- At least 8 characters
- Includes numbers
- Includes uppercase letters
For security reasons, avoid using the same password used on other websites.
4. Complete Basic Account Creation
Although the account is created, you must complete the OTP setup method and identity verification (KYC) to use trading and withdrawal functions.
Binance OTP Setup Method
OTP is a core security feature that protects your Binance account. OTP authentication is required for major actions such as login, withdrawals, and security changes, significantly enhancing account safety.
1. Go to the Security Menu
After logging in, go to the Security section from the profile menu in the upper right corner. Here, you can configure two-factor authentication (2FA).
2. Select Google Authenticator
Install the Google Authenticator app on your smartphone, then scan the QR code displayed on Binance to link your account with the app.
3. Back Up the Recovery Code
The recovery code displayed during OTP setup is extremely important. If you lose your phone or reset the app, you will need the recovery code to restore OTP access. Store it securely.
4. Complete OTP Verification
Enter the six-digit code generated by the Google Authenticator app to activate OTP. From then on, OTP verification will be required for all major account activities.
Binance Identity Verification (KYC) Method
The Binance identity verification method (KYC) is required to use major functions such as deposits, withdrawals, and higher trading limits.
1. Go to the Identity Verification Menu
From the profile menu, select Identification to begin the verification process.
2. Enter Personal Information
Enter your name, date of birth, address, and other required details. The information must exactly match your official ID.
3. Upload Your Identification Document
Upload a passport, driver’s license, or a government-issued ID. Clear and sharp images speed up the approval process.
4. Facial Recognition Verification
Use the Binance app or a webcam to complete facial authentication. Follow the on-screen instructions slowly and carefully.
5. Wait for Approval
Most verifications are approved within 5 minutes to 1 hour. Once approved, all deposit, withdrawal, and trading features become available.
Binance Spot Trading Method
The Binance spot trading method is the most basic form of trading, where users directly buy and sell cryptocurrencies. It is the essential first step for beginners 바이낸스 회원가입
1. Check the Assets in Your Spot Wallet
To begin spot trading, you must first have assets in your Binance spot wallet. Transfer cryptocurrency from a domestic exchange to your Binance deposit address.
2. Select a Trading Pair
Choose the trading pair you want on the spot trading screen. Examples include:
- BTC/USDT
- ETH/USDT
- BNB/USDT
Charts, order books, and trading history are available after selecting a pair.
3. Choose an Order Type
Spot trading commonly uses two order types:
- Limit Order: Executes at your chosen price
- Market Order: Executes immediately at the current market price
Market orders are often easier for beginners.
4. Execute Buy or Sell
Enter the amount, select Buy or Sell, and the trade will be executed immediately based on the chosen order type.
Final Notes
For users new to Binance, understanding the referral fee discount, registration process, OTP setup method, identity verification method, and spot trading method is the foundation of building a safe trading environment. By learning these core procedures, you can avoid unnecessary risks and begin trading more efficiently.