Are you considering using Binance as your crypto exchange platform? If so, you may be interested in learning how to save on trading fees. Binance is one of the largest and most reputable online crypto exchanges, along with Coinbase.
However, not all users are aware that there is a Binance referral code that can provide a sign-up bonus and a discount on trading fees.
Current Binance Bonus & Referral Code
New sign-ups need to use an eligible referral link or manually enter a current Binance referral code, also known as a referral ID. For this website, B2C, that referral code is ATSJ61Z1.
This leading altcoin exchange allows clients to open a second account, providing they only take advantage of one referral bonus, i.e. don’t abuse the Binance bonus system – it’s common for users to need to open a second account if they lose e.g., access to their original email, or want to run a trading bot on a separate account.
Users on crypto Reddit threads report being able to open a second Binance account, as long as they use a different email and KYC (know your customer) verification document – for example their drivers license if their first account used their passport as the ID requirement. These benefits are only available through certain registered affiliates.
Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.
What is the Binance Sign Up Bonus
As explained on the Binance website, the Binance referral bonus is:
‘A special welcome offer as a thank you for choosing Binance. After signing up, new users must complete their tasks within 7 days to qualify for our Welcome Offer rewards. Please note you must be referred by an affiliate registered with this campaign to qualify for the sign-up bonus.’
Its value is up to $100 or the equivalent in your currency, users can open accounts in USD, EUR, GBP and a range of other fiat currencies as Binance exchange accepts signups from countries across the world.
$5 Cash Voucher
Ever wondered what the best P2P crypto exchanges are? The first part of the up to $100 Binance bonus is $5 in cash which is credited to your balance when you make a first-time deposit of $50 or more, using either the fiat payment methods or by making a P2P (peer to peer) purchase in the Binance P2P marketplace to buy crypto.
After logging into your account, click on your account icon and select ‘reward center’ from the drop-down menu to find and redeem your $5 voucher.
$50 Spot Cashback Voucher
The second part of the Binance referral bonus is a $50 cashback voucher awarded when you make a first-time deposit of $50 or more using crypto – for example depositing BTC or USDT that you already have on another exchange or in a crypto wallet.
$45 Spot Cashback Voucher
The third part of the welcome bonus promotion is earned when you make a first-time crypto trade of $50 or more, in spot trading. For example trading $50 of USDT to BTC or vice versa, or trading $50 of ETH.
Available bonus rewards – via Binance
Binance Referral Bonus Terms & Conditions
New users must also complete their tasks within 7 days to receive all three welcome offer bonuses – the $5, $50 and $45 vouchers which add up to $100. Cashback vouchers can be used towards trading fees, so they work as a way to get a discount on Binance fees.
Also remember to use the referral link of a registered Binance affiliate. You can either use referral links which automatically enter the referral ID for you when you sign up at Binance – or you can manually enter an eligible Binance referral code yourself.
How a Binance Referral Link Looks
B2C is a registered Binance affiliate eligible to award the $100 bonus and our Binance referral code is ATSJ61Z1.
https://www.binance.com/en/activity/referral/offers/claim?ref=CPA_0008NJNE70
Once you have opened a Binance account, you can also refer friends to Binance exchange and receive a commission each time they trade.
Other Binance Bonuses & Offers
In addition to the $100 Binance referral bonus, new Binance signups using an affiliate link receive a 20% discount on trading fees for life.
This lifetime trading fee discount can quickly add up to being more valuable than the $100 Binance referral bonus if you are daytrading often – placing many buy and sell limit orders and market orders – or investing large amounts into cryptocurrency.
This platform also offers crypto staking and rewards on certain coins, in its Binance Earn section, for passive income.
Free USDT or BUSD vouchers
From time to time, Binance also runs separate bonus promotions; for example, in 2012, they offered a free 500 BUSD savings trial fund voucher. Visit the ‘Latest Activities’ and ‘latest Binance News’ parts of the website to keep up to date with time-sensitive promos.
They will also usually be sent to your email, but avoid clicking links in emails if you think they are phishing scams sent by imposters – visit the Binance site directly.
How to Claim the Binance Sign-Up Bonus
Follow these steps to activate the full $100 bonus on Binance and the 20% discount on fees:
- Click an eligible Binance referral link
- Follow the on-screen process to open an account
- Verify your identity
- Deposit $50 or more via fiat or P2P
- Deposit $50 or more via crypto
- Trade $50 or more via spot trading
Join the Binance Affiliate Program
If you’d like to considered for promoting the $100 Binance referral bonus yourself, reach out to your local affiliate manager. One way to earn money from your cryptocurrency community is by joining affiliate programs for Bitcoin and other cryptocurrencies. Typically only larger affiliates that have already referred a large volume of new customers, or had a Binance account for a long period of time can apply.
If you join the Binance affiliate program and become eligible to promote the $100 Binance bonus, you’ll receive a special referral link similar to that above.
Crypto Platform Promo Codes Compared
Binance is the highest-trading volume exchange, meaning the most traders use it to swing and day trade. It has listed the largest variety of cryptos, altcoins, and DeFi tokens of any crypto platform.
Read our guide to the top crypto exchanges, where we rank Binance exchange highly. How does the referral code Binance offers compare it to other platforms regarding its deposit bonus offer?
Have you ever wondered what the best Binance alternatives are? How does Binance perform compared to other popular options?
- Coinbase has a smaller deposit bonus system – you receive a free $10 worth of Bitcoin when you deposit funds and buy $100 or more of Bitcoin or any other cryptocurrency asset. Unlike the Binance promo code, you can invest, trade or withdraw your bonus rather than only use it for trading fees. No referral code must also be entered, or is automatically entered – only clicking a referral link to visit the Coinbase exchange website is necessary. An alpha-numerical string will appear as part of the referral link – in the case of B2c, that’s 5c6ab07e781d8e019da7a33c, but this is not required to be inputted. Your referral link to refer friends once you open a Coinbase account will therefore appear something like – https://www.coinbase.com/join/5c6ab07e781d8e019da7a33c .
- The Huobi welcome bonus is advertised as varying between $150 to $300, depending on the exact promotion event they’re running at the time and your country of residence. US customers are redirected to HBUS where promos can differ. So, the Huobi exchange bonus, while larger, also requires more investment. Extra tasks include trading futures on the exchange, creating a cloud wallet, and inviting a friend.
- Bybit has a larger deposit bonus promo – at the of writing it is running a time limited promotion for up to $3000 in bonuses – however like Binance these can’t be withdrawn, and are mainly used as discounts on trading fees. Also spot trading is excluded, they can only be used to discount your fees when trading perpetual futures. Our Bybit referral code is 25342 which like our Binance referral code is automatically applied by using the links on this site.
| Crypto Exchange | Bonus | Referral Code |
| Binance | $100 in Cashback vouchers | ATSJ61Z1 or referral link |
| Bitstamp | $20 in Cash | Only requires referral link |
| Coinbase | $10 in BTC | Only requires referral link |
| Crypto.com | $10 – $50 in CRO | cro10 or referral link |
| Huobi | $150 USD | Only requires referral link |
Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.
Conclusion
The best crypto exchanges all offer various different incentives to encourage new signups, and have their strengths and weaknesses in certain areas.
Its other strengths are its wide range of altcoins, ability to margin trade on leverage, and the Binance referral bonus. New signups or those opening a second account can take advantage of our Binance referral code 49241604 or use the links on this site which automatically apply that referral ID.