Binance Referral ID is a code that benefits both the referrer and the referral.
If you are planning on setting up an account on Binance, it is definitely worth getting and using the Referral ID, as it will permanently reduce the commission on all your future transactions on the exchange.
What is a referral ID code? Where do I enter the Binance referral ID?
You start the registration on the crypto exchange by clicking on the “Register” button in the upper right corner of the screen. All you have to do is enter your e-mail, create a password and accept the Terms and Conditions to create an account on the exchange. It is not required, but I sincerely encourage you to provide a Referral ID.
Once you have entered successfully your Referral ID you should see the message: The value of your kickback: 10%.
How to use the Referral Program?
After registering on the exchange you can proceed to recommend Binance and increase your income. There are probably some potential people among your friends who are interested in bitcoin and cryptocurrency trading. Binance allows you to generate as many as 20 different referral links and different Referral IDs, which in case of high activity makes it easy to assess the effectiveness of each communication channel.
This code works in 2020
Binance has already reduced the commissions for new traders many times. Therefore, please note that some Referral Program codes found on the Internet will no longer work.
Using our YZ0IVH3D Referral ID, you can be sure that it is valid for 2020 and will allow you to get a 10% discount on all future Binance orders (permanent discount, not a single kickback).
The next step after registration is always to deposit funds. Learn more about how to make deposits and withdrawals, how to buy bitcoin, and whether it is worth using margin trading in our honest and independent Binance review 2020.