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Binance Referral Code

45% Discount

The Binance referral code is “DSCNT45” This code provides a 45% trading fee discount and a $600 sign-up bonus. By entering this code in the inviter code field during registration, you can benefit from lifetime discounts on all eligible transactions.

My personal experience with the Binance referral code

When I first stepped into crypto, the main thing I was curious about was: “How can I pay lower fees and start safely?” While researching, I came across dozens of different codes, but most of them were either invalid or didn’t make any real difference. Eventually, I signed up for Binance using the Binance referral code “DSCNT45” and it truly made a difference. At the moment of registration, a 20% trading fee discount was activated, and thanks to new-user campaigns, I had the chance to earn bonuses of up to 600 USDT. But this wasn’t just a financial advantage—once I started experiencing the ecosystem Binance offers, I understood firsthand why it’s one of the most preferred exchanges in the world.

Summary

  • Maximize your savings with the Binance referral code DSCNT45. This code offers a lifetime 20% trading fee discount and a $600 sign-up bonus.
  • By paying trading fees with BNB, you can increase your total commission discount up to 45%.
  • To improve your Binance user experience, complete identity verification, then explore spot trading, futures positions, earning products, and features like Launchpad and Launchpool.
  • By using your Binance referral ID, you can benefit from lower trading fees on all crypto trades and earn rewards by completing tasks in the Reward Center, unlocking up to a $600 sign-up bonus.
Exchange Binance
Referral Code DSCNT45
Sign-up Bonus $600
Extra Rewards Exclusive trading competitions
Trading Fee Rebate 45%

About Binance

Founded in the second quarter of 2017, Binance rapidly expanded its user base thanks to its user-friendly mobile app, advanced security measures, and referral system—becoming one of the world’s largest cryptocurrency exchanges. Originally led by Chinese-Canadian entrepreneur Changpeng Zhao (CZ), Binance moved its headquarters to Malta due to cryptocurrency restrictions in China. In 2023, Changpeng Zhao handed over the CEO position to Richard Teng. As of 2026, Binance has more than 300 million users worldwide.

How to Sign Up with a Binance Referral Code

  1. Visit Binance.com or download the Binance mobile application.
  2. Enter your email address and password. Avoid choosing an easily guessable password.
  3. Confirm your email address via the verification email sent to you.
  4. On the screen that appears, click YES in the section that says “Do you have an inviter? (optional)”.
  5. Enter “DSCNT45″ in the field labeled Binance referral ID.
  6. Click on your profile and complete identity verification (KYC) to finalize registration.
  7. Complete the tasks to receive bonuses of up to $600.

What Does a Binance Referral Code Do?

The main revenue source of cryptocurrency exchanges is commission fees. Like all exchanges, Binance charges a certain commission on buy and sell transactions. Commission rates vary depending on the VIP system.

Let’s calculate based on a new Binance user:

Assume that after registering on Binance, you trade cryptocurrencies worth 1,000 USDT per day. With 30 buys and 30 sells, you would complete 60 transactions, resulting in a total monthly trading volume of 60,000 USDT. New users on Binance pay a commission rate of 0.1%. In this case, Binance would charge 60 USDT in commission fees.

  • Without a referral code, you pay 60 USDT in commission.
  • With a 20% referral code, your commission drops to 48 USDT.
  • If you purchase BNB, you pay 25% less commission, reducing your fees to 36 USDT.

How to Complete Binance Identity Verification (KYC)

After creating a Binance account, you must first complete email verification and then identity verification. Without identity verification, you can deposit funds but cannot withdraw them.

Follow these steps for identity verification:

  1. After opening a Binance account, go to [Profile] > [Identification].
  2. Select your country of residence and tap Continue.
  3. You can verify your identity using a passport, ID card, or driver’s license.
  4. Since ID cards are usually more accessible, upload photos of the front and back of your ID card. Ensure the environment is well-lit so your information is clearly visible.
  5. Tap Continue and proceed to the next step, where the system will ask you to take a selfie using your device’s front camera. Do not wear a hat, and remove glasses if you have them.
  6. In the final step, Binance may request additional verification actions, such as turning your head or opening and closing your mouth.

Identity verification usually takes around 10 minutes, but this may vary depending on system traffic.

Where Can I See My Binance Referral Earnings?

After registering with the 20% referral code, you can view how much commission discount you have earned by following this path in the Binance mobile app: [Home > Referral > Shared Commissions]

Binance Commission Rates

Binance categorizes users into VIP levels 0–9, each with different commission rates. If you register with a 20% referral code and your monthly trading volume does not exceed $1 million, your commission rates will be:

  • Buy commission: 0.1%
  • Sell commission: 0.1%
  • With BNB 25% discount applied: 0.075% / 0.075%

As your 30-day trading volume increases, your commission rate decreases automatically according to your VIP level. Only spot trading volume is considered for VIP upgrades. Futures, P2P, and other transactions are excluded.

What changed on Binance in 2026?

  • The term “Binance referral code” was updated to Binance referral ID or Binance inviter code.
  • USDT withdrawal fees were reduced to zero.
  • Binance activated the Megadrop feature.
  • With Super Earn, Binance introduced higher APR earning opportunities.

FAQs About Binance

Is Binance safe?

No place on the internet can be considered 100% secure. Like all exchanges, Binance is exposed to certain risks. Aware of this, Binance created the SAFU (Secure Asset Fund for Users) in 2018, allocating 10% of commission revenues to this fund to protect users in case of emergencies.

As of January 2026, the SAFU fund wallet comprises a reserve of 1,000,000,000 USDC

SAFU Wallet: 0x420ef1f25563593aF5FE3f9b9d3bC56a8bd8c104

How can I keep my Binance account secure?

  • Enable email anti-phishing protection
  • Activate Google 2FA
  • Avoid logging in from public Wi-Fi networks
  • Do not log in from shared devices
  • Avoid installing unknown applications or software

Does Binance charge deposit fees?

You can deposit funds using multiple methods, including credit card, debit card, P2P, or transfers from other exchanges.

  • Card and bank deposits usually carry a 2% fee, depending on the bank.
  • Deposits from another exchange using the BEP20 network typically cost $0.50, with no additional Binance fee.

Does Binance charge withdrawal fees?

You can withdraw U.S. dollars or euros directly to your bank account, but bank transfers may be subject to high fees.

Can I add a referral code after registration?

No. You cannot add a referral code after registering on Binance. However, if you have not completed the identity verification (KYC) process yet, you can create a new account using a referral code.

What is the Binance affiliate system? How do you apply?

On Binance, standard users can share referral codes that offer up to a 10% commission discount, while users who are part of the affiliate system can share referral codes that provide up to a 20% commission discount, giving them a more advantageous position. You can find detailed information about the affiliate system [here].

How many referral codes can I create on Binance?

On Binance, you can create up to 50 referral codes. Please note that once a referral code is created, it cannot be deleted.

  • For standard Binance users, a 20% commission discount is applied, and they can generate referral codes that offer 0%, 5%, or 10% commission discounts. Users who are part of the
  • Binance Affiliate Program are assigned a 41% commission rate, and they can create referral codes that offer 0%, 5%, 10%, 15%, or 20% commission discounts.

Additional Information

  • After changing your password on Binance, withdrawals are disabled for 24 hours for security reasons. It’s important to keep this in mind in case of emergencies.
  • After signing up for Binance, you’ll be presented with Binance Lite and Binance Pro modes. Binance Lite is simpler to use but limits access to many of Binance’s features. After spending some time on the app, you can switch to Pro mode by scrolling down in the mobile app. In Pro mode, you can access dozens of features such as futures trading, staking, Launchpad, and NFT purchases.
  • We recommend following Binance’s social media accounts. By participating in quizzes that appear a few times each month, you can earn cryptocurrencies of varying values. You can check whether there are any active quizzes through the Quiz Center in your profile.
  • If you’ve made multiple crypto trades, you may see many small balances worth only a few cents in your spot wallet. Go to [Wallet] > [Spot] and tap Convert Small Balances to BNB to automatically convert these small amounts into BNB. This conversion can be done once every 6 hours.