Should you fill in the "Referral ID" field when registering? Answer: Filling in a reliable one saves you trading fees. This article clarifies its purpose. Download gateway: Binance website, mobile Binance official app, or if you don't have the iOS app, see the iOS install guide.
1. The Role of a Referral Code
| Impact | With Referral Code | Without Referral Code |
|---|---|---|
| Account Permissions | No difference | No difference |
| KYC Process | No difference | No difference |
| Fee Rebates | Yes (5%-20%) | No |
| New User Benefits | Yes (Partial) | No |
| Appeals / Support | No difference | No difference |
In other words, the referral code only saves money and does not affect security.
2. How Are Referral Rebates Calculated?
Binance's referral program:
- You pay trading fees to Binance for every trade
- The referrer gets a commission of 5%-20% of your fees
- A portion of this commission is returned to your account as a rebate (the exact percentage depends on the referrer's settings)
For example: If the referrer set a 50/50 split, and you paid 100 USDT in trading fees, the referrer gets 10 USDT, and 5 USDT is returned to you.
Long-Term Value
If you trade 100,000 USDT in spot volume per month:
- Fees at 0.1% = 100 USDT/month
- Rebate at 5%-10% = 5-10 USDT/month
- Annual savings of 60-120 USDT
While it's not a fortune, this is free money—not entering a code means wasting it.
3. What Kind of Referral Code Should You Use?
Prioritize
- Highest rebate percentage (check the referrer's public rebate %)
- Long-term stability (the referrer is an institution / KOL rather than a stranger)
- Sources you recognize and trust
Avoid Using
- Referral codes sent via SMS blasts (spam)
- Codes a friend "enters for you" (your friend won't get that share either)
- Random codes at the bottom of ad pages
4. Can You Change the Referrer After Registration?
No. The Binance referral code is bound at the time of registration and cannot be changed afterward.
If you have already registered without filling it in, there is no remedy. Enter it the next time you register a new account or refer family members.
5. Referral Code Security Risks
Risk 1: Fake Referral Codes Leading to Account Linkage
Some scammers use stolen account IDs as referral codes. After you register, they can get a cut "as your referrer," but they cannot steal your account—the referral mechanism does not grant account access.
Risk 2: Scammers Luring with Referral Codes
"Register with my referral code to get 100 USDT for free"—this is usually phishing. Clicking the link takes you to a fake site, and your password is stolen when you enter it.
Identification: The referral code itself is just a string; it has no "benefits" bound to it. Any promise of "immediate money for using a referral code" is fake.
6. This Site's Referral Code
This site provides referral codes from our partners on the homepage and download page. This code:
- Is long-term and stable
- Has a relatively high rebate ratio (see the homepage for specifics)
- The referrer will not have access to your account
Entering it saves you trading fees; not entering it means giving that portion to Binance.
7. Compliance of the Referral Mechanism
Binance's referral program complies with regional requirements:
- Does not involve MLM (Multi-Level Marketing) tiers
- Only single-level rebates (referrer → you, no further splits upwards)
- You can opt out at any time
FAQ
Q1: Can I change a referral code if I entered it incorrectly? No. It is fixed at the time of registration.
Q2: Can the referrer see my account? No. They only see the aggregated rebate amount, not your specific trades.
Q3: Does a referral code affect VIP level? No. VIP status depends on your 30-day trading volume, unrelated to referrals.
Q4: Can I refer myself? No. Multiple accounts under the same identity violate the rules.