Binance Referral Code 2024: 239529503 (Get $100 USDT Trading Fee Credit for Each Friend You Refer)

Discover a new method of earning crypto by inviting your friends to join the Binance community using a Binance referral code. Invite friends and earn crypto together!

In the exciting, fast-paced realm of cryptocurrency trading, every little edge counts. Whether you’re a seasoned trader or just dipping your toes into the world of digital assets, who doesn’t love some extra passive income?

That’s exactly the “cherry on top” that the Binance referral code (239529503) brings to your table. You can receive a free crypto sign-up bonus and a trading fee rebate of up to 40%, along with many more rewards and offers.

What is the Binance Referral Code?

Crypto Platform	Binance
Referral Code	239529503
Sign Up Bonus	$100 USDT Trading fee rebate
Fee discount	Up to 40%
KYC Verification required	Yes

A Binance Referral Code is an optional code you can enter during the Binance sign-up process to receive rewards. This code allows you to save on trading fees, earn a portion of your referred friends’ trading fees, and enjoy additional benefits associated with this special code.

For a wise choice, consider using the referral code 239529503. This code guarantees a lifetime discount of up to 40% on your trading fees and a commission from the trading fees of referred friends.

It’s an exceptional offer, superior to many other codes that only provide 20% – 30% discounts or commissions.

How to use the Binance Referral code 239529503?

Step 1: Sign up on Binance

Firstly, you need to open an account with Binance crypto exchange.

• Visit the “Binance website” and click on “Register” in the top right corner.
• Type your email address and password, and agree to the terms of use.
• Copy and paste the Binance referral code 239529503 into the Referral ID box. This will give you up to a 40% lifetime discount on trading fees.
• Click on “Create an account” and verify your email.

Step 2: KYC your Binance account

• Log into your Binance account, navigate to “Profile” – “Identification”, or click “Complete Now” on the pop-up.
• Click “Get Verified”.
• Confirm your country of residence, making sure it matches your ID.
• Enter your personal details and click “Continue”.
• Verify your ID by uploading the necessary documents.
• Select a document type, upload photos, and provide a selfie.
• Complete facial recognition using a device of your preference. (Using a mobile phone is recommended over a computer)
• Binance will review your details and notify you via email when the process is complete. Avoid refreshing your browser during this time. Some verifications may take a few minutes, while others may take up to 10 days.

Step 3: Claim your Binance referral code rewards

Log into your Binance account and navigate to “Profile” – “Rewards Hub”. Within the “Ongoing” tab, scroll down to locate the $100 Welcome Bonus reward and click “Claim Now”.

A pop-up window will appear, displaying a list of tasks that must be completed to claim the rewards. These tasks include:

1. Verify your identity to receive a 20 USDT trading fee rebate.
2. Make your first deposit and receive a 30 USDT trading fee rebate.
3. Execute your first trade and receive a 50 USDT trading fee rebate.

Step 4: Start Trading on Binance

You’re now ready to trade on any of Binance’s Spot or Futures markets. Enjoy referral discounts and rewards. Remember, you can invite your friends to join Binance using your referral code or link and earn a commission from their trading fees.

Don’t forget to check your referral commission and rebate history. You can find it under “Referral” – “Commission Rebate” in your user menu.

Read more: Best Bitcoin ETFs To Buy In 2024

What to Do if the Code Doesn’t Work?

If you’ve attempted to use our Binance referral code but didn’t receive the offered deal, please verify the following:

• Are you a new user? Referral codes are only applicable to new users. If you already have an account, consider creating a new one with a different email address.
• Have you used any other referral codes? Only one referral code can be used per account. If you’ve already used one, our Binance referral code won’t be valid.
• Did you double-check for typos? While we do provide a Binance referral link to avoid manual entry of the code, sometimes issues arise that require manual input. If this occurred, ensure you didn’t omit or add any numbers. For reference, the best code is 239529503.

If you’ve reviewed all the points above and still haven’t resolved the issue, consider contacting Binance’s customer support.

What are the Binance Standard Referral Mode Rules?

Binance’s referral program allows users to receive a commission when new users refer to trade on the Spot (Margin) or Futures markets.

A referrer can earn from referred users’ trades via Trading Bots and Copy Trading. To earn both Spot and Futures commission, a referrer must have a Futures account before making a referral. If a new user doesn’t register using the Referral ID, the referrer doesn’t get any commissions.

If a user tries to benefit from the program by deleting and creating a new account, Binance can terminate all their commissions.

The commission rate depends on the inviter’s daily average BNB account balance. For a balance less than 500 BNB, the standard referral rate is 20% for Spot referrals and 10% for Futures referrals. If the balance is 500 BNB or above, the rates increase to 40% for Spot referrals and 20% for Futures referrals.

The inviter can only receive commissions from regular users or those within the VIP 1-2 tiers. From June 29, 2023, referral commissions will be discontinued for users who reach VIP 3 or higher. The commission rates are set as per the rate set on the ‘default’ Spot referral link.

For Futures referrals, inviteers can adjust the rebate rate for their invitees, from 0% to 10%, at any time. The inviter can receive a bonus from referred users for 12 months from the day the referred users open their Futures accounts.

The referred user can enjoy the shared commission for 30 days from the day of opening their account.

Binance consolidated the trading fee commission for the Spot Standard Referral Mode and Futures referral program on May 11, 2020. It doesn’t apply to users referred before May 7, 2020, 13:00 (UTC).

How to Get a Binance Referral Code?

Here are the steps for you to get your Binance referral code:

1. Log into your Binance account.

2. Go to the user menu in the top right corner and click “Referral”.

3. Click on “Generate your link”.

4. Create your unique invitation link and ensure you (1) include the keyword “FiatInvite” in the note section and (2) ‘select’ the textbox making this your default invitation code.

5. Now you are ready to invite friends to register and trade on Binance and enjoy the reward with your friends.

What is the benefit of the Binance referral program?

The Binance exchange referral program offers users exclusive benefits, including reduced trading fees, promotions, and rewards. By using our promo code “239529503“, you can receive up to a 40% discount and a $100 trading fee rebate as a sign-up bonus.

To make it clear, the Binance referral program benefits both parties:

Benefits for the referrer:

• Commission on trading fees: Referrers can earn a commission on the trading fees of the users they refer to.

Benefits for the referred:

• Reduced trading fees: New users who sign up with a referral code can enjoy a discount on their trading fees. This discount can be up to 40%, which is a 20% direct discount through the referral code, and an extra 20% discount when trading with BNB.
• Welcome bonuses: Binance also offers welcome bonuses, such as a sign-up bonus of up to $100 USDT, contingent upon completing specific tasks like KYC verification and making a minimum deposit within a stipulated time frame.

How to Withdraw Your Referral Commission?

If you wish to withdraw your referral commission from your wallet, you can do so at any time. You have the option to take out your commission in its original cryptocurrency (currently BTC) or change it to another form of currency with the Convert function.

To carry out a withdrawal from Binance, please follow these steps instructions:

1. Sign into your Binance account, and navigate to Wallet.
2. Locate and select the “Withdraw” option, found on the top right of the screen.
3. Choose the type of cryptocurrency you wish to withdraw, and input the desired amount and the necessary address.
4. Press “Submit” and confirm your withdrawal request.
5. An email will be sent to you with a verification code for the withdrawal. Enter this code and select “Confirm Withdraw”.
6. A notification will appear confirming the successful submission of your withdrawal request.
7. The status of your withdrawal can be viewed on the Withdrawal History page.

Conclusion

The Binance app referral code 239529503 provides a perpetual discount of up to 40% on trading fees and access to Binance’s premium features.

Besides that, you can also share your own Binance referral code with your friends and earn commissions from their trading fees. Note that you can customize your referral code by choosing different commission and rebate rates for your invitees.

You can invite more friends by effectively promoting your referral code. Use various channels and platforms, provide value and education, follow up and engage with potential invitees, and track and measure your results.

FAQs

1. Is Binance safe?

Binance is generally considered one of the most secure cryptocurrency exchanges. It has implemented various security measures, including two-factor authentication, real-time monitoring, and encryption.

However, the platform has a history of security breaches. This emphasizes that no platform is flawless, and Binance users should always be careful with online financial transactions.

The failure of other significant crypto exchanges, like FTX in November 2022, underlines the unpredictable nature of the crypto ecosystem.

2. Where can I get a Binance referral code from?

You can register on the Binance crypto app using a friend’s referral code. Alternatively, you can sign up via this link: “Binance Link” and enter the code 239529503.

Using this code will provide you with the optimal referral bonus, a 40% discount on trading fees. Additionally, you will receive a $100 welcome bonus and a rebate on trading fees.

3. What is the 40% referral code Binance?

As the name suggests, the Binance Referral ID is an optional code that can provide up to a 40% discount on Binance fees. By using the referral ID 239529503 in 2024, you can secure this maximum discount.

4. What happens if you refer someone to Binance?

Experience a novel method of earning rewards through Binance’s referral program. When a friend you’ve referred registers for a Binance account and makes a deposit exceeding $50, both of you will receive 100 USDT in credits. These credits can be used to offset your trading fees.

5. How do you make $100 a day on Binance?

One of the strategy scenarios you can use: If you put in $1000 on Binance and track a 10% rise on one pair, you will have made $100. Repeat this every day and you will be making $100 a day, every single day.

6. Is Binance referral safe?

Once you join the platform, you can benefit from reduced transaction fees. This makes trading cryptocurrencies more affordable, helping you maximize your profits. Moreover, Binance referral codes provide users with an extra layer of security and trust.

7. Who was the owner of Binance?

Changpeng Zhao “CZ” is the founder and CEO of Binance the world’s largest cryptocurrency exchange by volume and user base. Born in Jiangsu, China, in 1977, his journey to becoming a prominent figure in the crypto industry is characterized by innovation, entrepreneurial spirit & technical expertise.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.