Registering with a Binance referral code (also called invitation code) gives you a trading fee discount — a straightforward way to save money. But many people don't know where to enter it, or forgot during registration and want to add it later. This article covers everything. If you haven't registered yet, using a referral link to register on Binance automatically applies the code.
What Does a Referral Code Do?
After registering with a referral code, a portion of your trading fees is refunded to you (commission rebate). Different codes offer different rebate percentages, typically between 10%-20%.
Practical example: Assuming a 20% rebate and monthly trading fees of 200 USDT:
- Rebate = 200 x 20% = 40 USDT
- Annual rebate = 480 USDT
This is free money — if you don't use a code, you miss out entirely.
Where to Enter the Referral Code
Method 1: Register Directly via Referral Link
The simplest way. After clicking a referral link, the code auto-fills in the registration form — you don't need to enter anything manually. Just fill in your email and password to complete registration.
Method 2: Enter Manually
If you visit the Binance website or app directly:
On the web:
- Open the registration page
- Fill in email and password
- Below the form, find the "Referral ID (Optional)" field
- Enter the referral code
- Complete registration
On the app:
- Open Binance App, then Register
- Fill in registration info
- Find the "Referral Code" field (may need to tap "Expand" to see it)
- Enter the code
- Complete registration
Can You Add a Code After Registration?
Unfortunately, you cannot add a referral code after registration.
Binance's system is designed so that referral codes can only be bound during registration. Once registration is complete, the referral relationship is set (or absent). There is no way to add or change it afterward.
If you forgot to enter a referral code during registration, you have two options:
- Accept the situation and save on fees through other means (BNB discount, limit orders, etc.)
- If the account was just created with no trades or assets, consider closing it and re-registering with a referral code
How to Check If You Have a Referral Code Bound
- Log into Binance App or web
- Go to the "Referral" or "Invite Friends" page
- Check your referrer information
- If a referrer is shown, you used an invitation code during registration
Rebate Rules in Detail
How Rebates Work
Rebates are typically returned as a percentage of your trading fees. Distribution methods may include:
- Instant rebate per trade
- Daily settlement
- Paid in BNB or USDT
Rebate Duration
Most referral codes provide permanent rebates — as long as you're trading on Binance, you keep receiving rebates. Specific policies may change.
Can Rebates Stack with BNB Discount?
Yes. They're independent discount mechanisms:
- BNB discount gives 25% off trading fees
- Referral rebate returns a portion of the fees you actually pay
Both stack for better savings.
Generate Your Own Referral Code
After registering, you can generate your own invitation code to invite others:
- Go to the "Referral" or "Invite Friends" page
- Get your unique referral link and code
- Share with friends
- When friends register through your link, a portion of their trading fees is shared with you
You can set the commission split — how much you keep vs. how much goes to your friend. Giving more to friends attracts more people to use your code.
Important Notes
- Don't trust "super-high rebate" claims: Some people promise 100% rebates, which isn't realistic. Binance has rebate percentage caps.
- Use codes from trusted sources: Ensure the referral code comes from a reliable channel
- Rebates don't affect functionality: Accounts registered with and without referral codes are functionally identical — the only difference is fee rebates
In short, entering a referral code during Binance registration is a zero-cost way to save money. If you haven't registered yet, remember to use a referral code. If you're already registered, focus on BNB discounts and limit orders as your primary fee-saving methods.