The Binance Referral Code is 17872071. New Binance users can create an account using the unique referral id code and get an exclusive bonus that Binance offers.
The Binance referral code 17872071 offers users the best possible signup bonus. Binance offers the lowest trading fees, and if one pays fees using the BNB token, one will also receive a 25% discount. One can say that there is no better cryptocurrency exchange platform than Binance.
As stated on iStaunch, Binance is one of the largest and most popular cryptocurrency exchanges known for its high trading volumes. Established in 2017, Binance was developed and launched by Changpeng Zhao, a popular software developer in China. Started as a simple crypto platform, Binance has now transformed into one of the leading crypto exchanges in the world.
Using the Binance platform comes with many perks for the traders. Whether it is a beginner or a professional cryptocurrency trader, they should know that the Binance referral program comes packed with many exciting features. It gives users the chance to receive cashbacks on the Binance trading fees and other rewards and discounts.
If one is looking for a Binance referral code, then they can use 17872071 to receive the best rewards and discounts that Binance currently offers.
Binance Referral Code
The Binance Referral Code is 17872071 with low cryptocurrency trading fees. One can apply the Binance referral code on the signup and get rewards and discounts. Users can also share their own referral code with friends, and get a discount.
How to Apply Binance Referral Code
The Binance referral code is 17872071. Here is how one can apply the code to claim a sign-up bonus:
- Go to the Binance.com and tap on the sign-up button.
- Enter the email and choose a strong password.
- Binance will ask for a referral code. Enter: 17872071
- Provide required information and complete the registration process.
- One also needs to verify identity to unlock all the features.
- After that one can also set up their own referral ID to get additional rewards.
What is Binance Referral Code?
Binance Referral Code is 17872071. Users are supposed to enter the referral id code when creating a new account. Once one is done signing up with this referral code, one can get an exclusive discount on trading for a lifetime.
The Binance referral program is designed for users who want to earn a commission by inviting their friends to join the platform. All they have to do is create their own Binance referral code and send it to a friend, inviting them to join their Binance community. The biggest advantage of inviting friends through their customized Binance referral link is that they will be eligible for a commission every time the user buys or sells on Binance Exchange.
One can earn up to 40% of the commission on trading on Binance. This commission is allowed for both trading on Spots and Futures. It is important to note that users are eligible for this commission only when they trade on Binance. There is no reward when a friend joins Binance through the user’s referral link.
Once one has joined Binance, one can set up their referral ID to start making commissions and money through Binance. In other words, once one is done setting up an account on Binance using any referral code, they can set up their own Binance code and share it with friends to earn commission on every trade they make on Binance.
Now, users get a flat 20% discount on the trading fees for every referral. Now, if the person applies the user’s referral code to sign up for Binance and invest $100 on trading, they will get a cashback of $20 immediately. However, the user has to give a small percentage of this commission to the referrals. This means the person who gave the link to join Binance will also be entitled to receive a commission on the investment. In the above case, the referral will receive $10.
How Can You Boost Earnings from the Binance Referral Program?
Of course, one will want to make the best of this scheme so they can earn tons of money without having to invest anything or hard work. So, what can one do to boost earnings from the Binance referral program?
For starters, one needs to come up with a solid kickback rate strategy. Your kickback rates decide the amount of commission one gets from the cashbacks the user earns. After all, everyone wants to keep the maximum profit. Note that a user can find many Binance referral codes online offering competitive kickback rates. So, the goal is to attract a large number of people to sign up using the referral code. They will do it if users offer a competitive kickback offer. 10% commission is the minimum rate, but if that seems too high, one always has the option to change the kickback rate whenever they want.
It’s also important to remember that one’s Binance referral code will be shared with many users. There is a good chance that friends, relatives, colleagues, and audience will sign up for the program using the referral ID. So, even if one keeps only a small percentage of commission from their trade, one can generate quite a good amount from a commission by sharing the code with multiple users. A Binance user can have many referral codes, each with a different rate.
There you go! The more friends join the program using a referral code, the more money one will make on Binance. The best part is one does nothing for making money online. Sit back, relax, and let referrals do the hard work while one earns up to 40% commission on their trades. The referrals will also make tons of money in the meantime. So, it is a win-win.
The Binance referral program is a perfect opportunity for investors who want to diversify their investment portfolio and earn a decent commission on a regular basis.
Use the Binance referral code 17872071 to save on cryptocurrency trading fees. Compared to all other exchanges, Binance has the lowest trading fees, and if one pays using the BNB, they will also receive an additional discount. There is no better crypto exchange than Binance.