What is the Binance referral code? What are the benefits of using it?

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Binance's referral code system works differently from most platforms, and there's a detail many people don't know: the trading fee discount is set by the inviter. Different referral codes may offer different discount rates, with the maximum being 20%, but some codes only offer 10% or even no discount at all.

So confirming the discount rate associated with a referral code before registering is a crucial step that can save you real money.

Binance Exchange
The world's largest cryptocurrency exchange by trading volume,leading in security and liquidity.
New user benefit: Enjoy 20% off trading fees upon registration!

1. How Binance Referral Codes Work

Binance's commission rebate system allows the inviter to set the distribution ratio themselves: the inviter can pass on the full 20% discount to the invitee, or keep a portion for themselves.

Our referral code FYLK9104 corresponds to: the invitee receives a permanent 20% trading fee discount, with no deductions—you get the full benefit.

This is the maximum discount Binance referral codes can offer. Confirm it when registering, and it's valid long-term.

2. Our Referral Code

Use this directly: FYLK9104

Corresponding benefit: Permanent 20% reduction on trading fees

How to enter: Fill in the "Referral ID" field during registration, or click the link below to have it automatically applied.

Click to register, referral code auto-applied →

3. How to Enter the Referral Code

Enter during registration

The referral code entry field on Binance's registration page is sometimes collapsed by default and needs to be expanded manually.

Steps: Go to the registration page → Enter your email or phone number → Find the "Referral ID (optional)" or "Invitation Code" field → Expand it and enter FYLK9104 → Continue to complete registration.

On some versions of the registration page, the referral code field appears only in the second step. If you don't see it on the first page, just proceed further.

Auto-fill via link

Click our registration link, and the referral code will be automatically applied without any manual input. This is the simplest method.

4. How Much You Can Save with the Discount

Based on a monthly spot trading volume of 100,000 USDT:

Scenario Taker Fee Rate Monthly Fee Annual Fee
No Referral Code 0.10% 100 USDT 1200 USDT
Using Referral Code 0.08% 80 USDT 960 USDT
Annual Savings 20 USDT 240 USDT

The higher your trading volume, the more you save. Futures trading has even lower base rates, and the discount applies there too.

5. Frequently Asked Questions

Q: Has the referral code expired? No, FYLK9104 is valid long-term and is not a limited-time promotional code.

Q: What if I forget to enter the referral code after registering? It cannot be added later, and the discount will be permanently lost. Binance's referral code system binds at registration and cannot be modified afterward. This is the most important thing to note.

Q: Is there any other difference between registering with a referral code and registering directly? No, the functionality is exactly the same. The only difference is the trading fee discount.

Q: Can the referral code discount be combined with other promotions? The trading fee discount and VIP tier discounts cannot be stacked; the better rate applies. Rewards like the new user mystery box do not conflict with the referral code discount and can be enjoyed simultaneously.

Q: Can I generate my own referral code after registering? Yes. After registration, find the "Referral" or "Invite" section in your personal center to generate your own referral link and earn commissions by inviting friends to register.

Register for Binance now, enter referral code FYLK9104, and enjoy a long-term trading fee discount →