When trading on cryptocurrency exchanges, most users focus on prices, charts, and profits. However, one of the most important factors that directly affects long-term profitability is trading fees. This is exactly where the advantages of using a Binance referral code come into play.

Registering on Binance with a referral code allows you to pay lower commissions while making the same trades. What may seem like a small difference at first can turn into significant savings over time.

How Does Binance’s Commission System Work?

The primary source of income for cryptocurrency exchanges is the trading commissions charged on buy and sell transactions. Binance also charges commissions on Spot, Futures, and other markets.

These commission rates depend on:

  • Your VIP level

  • Whether you use BNB to pay fees

  • Whether you registered using a referral code

The Real Advantage of Using a Referral Code (Simple Example)

Let’s explain this with a simple example.

Assume you are a new Binance user and you trade 1,000 USDT worth of crypto every day.

  • Daily: 1,000 USDT buy + 1,000 USDT sell

  • Monthly: 30 days × 2 trades = 60 trades

  • Monthly trading volume: 60,000 USDT

New Binance users generally pay around 0.1% (one per thousand) commission on Spot trades.

In this case:

  • Without using a referral code:
    → You pay approximately 60 USDT in monthly commissions.

  • With a 20% discount Binance referral code:
    → Your commission drops to 48 USDT.

  • If you also use BNB for fees (extra 25% discount):
    → Your total commission drops to 36 USDT.

📌 So, by making the exact same trades and taking no extra risk, you save 24 USDT in commissions per month.
In Futures trading, you can open and close positions within minutes. If you plan to trade Futures, the commission savings in the example above would be even higher. Just imagine trading dozens of times a day and paying 45% lower commissions!

What is the Maximum Commission Discount on Binance?

The maximum referral-based commission discount on Binance is 20%. This is the highest and most common discount rate available for new users.

You can find more detailed and technical information about this topic
in this content.

Other Benefits of Using a Binance Referral Code

  • Lower trading costs

  • Higher net profit in the long run

  • More efficient trading with the same strategy

  • Significant savings for frequent traders

  • No extra conditions or risks

Most importantly: Using a referral code is completely free.
If you don’t use one, you gain nothing. If you do, you immediately gain an advantage.

A Short Note from Personal Experience

At first, I honestly didn’t pay much attention to commissions. I thought, “A few dollars won’t make much difference.” But once I started trading regularly, especially after seeing monthly commission totals, my perspective completely changed.

Thanks to using a Binance referral code and paying fees with BNB, I clearly noticed that I was paying much lower commissions for the same trading volume. If you trade actively, this difference becomes even more important than your strategy over time.

In Summary

  • Using a Binance referral code is highly beneficial

  • You make the same trades but pay lower commissions

  • It directly increases your long-term profitability

  • For new users, it’s a detail you should not ignore