When creating a new Binance account, you'll encounter an optional "Referral ID" field. This allows you to input a referral code from an existing user. By using a referral ID, the referrer earns a commission (up to 40%) on your future cryptocurrency trades. Here’s a detailed guide to Binance referral codes and their benefits.
What Is Binance?
Binance is the world’s leading cryptocurrency exchange, founded in 2017 by Changpeng Zhao ("CZ"). Key features include:
- Low trading fees (0.1% spot trading fee).
- Support for 200+ cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and Binance Coin (BNB).
- Mobile apps for iOS and Android.
- 24/7 customer support and educational resources.
👉 Start trading on Binance today
Understanding Binance’s Referral Code
The default referral code is 73583477. To use it:
- Sign up on Binance’s website or app.
- Expand the "Referral ID (optional)" field during registration.
- Paste
73583477and complete account verification.
Benefits for Referrers:
- Earn 20–40% commission from referred users’ trading fees.
- Passive income opportunity for active Binance users.
Step-by-Step Guide to Using a Binance Referral ID
1. Sign Up for Binance
- Download the Binance app (iOS or Android) or visit the desktop site.
- Tap "Register" on the login page.
2. Enter Your Details
- Provide your email and create a password.
- Tap "Referral ID (optional)" to reveal the input field.
3. Apply the Referral Code
- Paste
73583477in the field. - Complete email verification to activate your account.
Note: Referral codes only work during new account registration. Existing accounts cannot retroactively apply them.
Why Use a Referral Code?
- Bonus incentives: Some exchanges offer sign-up rewards (e.g., Coinbase’s $10 BTC bonus).
- Mutual benefits: Referrers gain commissions; new users access platform perks.
FAQ
1. Can I change my referral code after signing up?
No. Referral codes are locked post-registration.
2. Is the referral code mandatory?
No, but using one benefits both parties.
3. How much can referrers earn?
Up to 40% of the referred user’s trading fees (varies by region).
Conclusion
Always use a referral code when joining Binance or other exchanges to unlock bonuses. For Binance, 73583477 ensures your referrer earns commissions on your trades.
👉 Explore Binance’s referral program for more details.
Disclaimer: Cryptocurrency trading involves risk. Conduct independent research before investing.
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