Best Binance Referral Code in 2024: P8DEY0JB

The best Binance referral code you can find is P8DEY0JB, which will grant you a 10% discount on trading fees for life and also qualify for a 100 USDT cash rebate and other additional rewards when you use this code to open a Binance account. Keep in mind that you cannot add the promo code after your account is set up or claim rewards tied to the referral ID.

Binance referral code is a unique promo code that traders on Binance generate and share with their friends, inviting them to join the exchange. 

This article highlights everything you need to know about the affiliate program, the best Binance referral ID to use, what to do if you already signed up without a referral code, and extra rewards you can get from promotional events and campaigns on Binance. Let’s get started!

What is Binance Referral Code?

It is advisable to use a Binance referral code during registration because it gives you access to various rewards that regular other users cannot access. Since you are searching for the best code to use, the current Binance referral ID is P8DEY0JB.

This code provides up to a 10% discount on trading fees and a $100 USDT trading fee credit after you fulfil certain conditions. Here’s a detailed overview of what the referral code offers and the some criteria you need to qualify for referral bonus.

Exchange	Binance
Best Binance Referral Code	P8DEY0JB
Know Your Customer (KYC) Verification	Required verification process
Deposit Requirement	New users must meet deposit requirements to qualify for the $100 USDT trading fee credit.
Trading Fees Credit	100 USD trading fee rebate voucher.
Benefits	10% lifetime discounts Commission cashback Sign up bonuses Participate in campaigns and promotional events for bonus.

Different Types of Referral Code Bonus

Binance crypto exchange platform offers two types of referral codes: Standard and Lite Referral, each providing different benefits and incentives for users. The Standard referral program is the most common type of Binance referral code. This code usually offers users a fixed signup bonus, such as a $100 USDT fee rebate. 

In addition to the fixed reward, you can enjoy a discount on trading fees, often around 10% for life, if you sign up using a Standard Binance referral code. The good thing about this program is that rewards are consistent and not tied to specific promotional events, making it a reliable choice for many new traders.

On the other hand, Binance Lite referral codes are linked to specific campaigns and promotional events run by Binance. These codes offer unique rewards, such as the chance to win fixed amounts of cryptocurrency (e.g., 0.004 BTC) or share a large reward pool with other eligible traders.

Unlike the Standard Referral codes, Lite referral codes are active for a limited time and come with specific requirements that you must meet to claim the rewards. These promotional events change frequently, so the program is ideal if you want to take advantage of temporary promotions or special events.

Binance Referral Code Benefits

While you can decide to sign up on the Binance crypto exchange platform without a referral code, you will not receive the welcome bonus and other benefits that come with a promo code, including the following:

• Trading Fee Discounts: New users receive a 10% discount on trading fees for life when signing up with this referral code, P8DEY0JB.
• Sign Up Bonuses: Besides the lifetime discounts on trades, you can earn a $100 USDT trading fee credit after meeting specific deposit criteria (usually between the $50 deposit mark).
• Commission Earnings: You can earn referral commissions and rewards on monthly campaigns, and Binance challenges when you use a Binance referral code.

Why You Should Use P8DEY0JB Referral Code

Using our referral code qualifies you to receive multiple bonuses while giving you access to exclusive rewards from campaigns, airdrops, and promotional events. Here is what you stand to gain by using the best Binance referral code, P8DEY0JB:

• Save on Every Transaction: The lifetime discount of 10% on Binance fees attached to our promo code allows you to save on every transaction compared to standard rates.
• Get Extra Cash for Trades: After meeting specific criteria, like using our referral code, completing KYC, and making an initial deposit, you can receive a $100 trading fee credit. This will increase your trading capital.
• Participate in Promotional Events: Our referral code makes you eligible to participate in top Binance promotions, campaigns, and airdrops. You can earn extra rewards if you participate in promotions and win or in an airdrop campaign.

To qualify for these welcome bonuses and other rewards, you must sign up for Binance using this referral code P8DEY0JB. You will not be eligible for rewards if you sign up on the Binance crypto exchange platform without this promo code.

How to Use Binance Referral Code?

Here is a step-by-step process on how to earn rewards, save money on trading fees, and get commissions using our promo code P8DEY0JB.

1. Register With the Referral Code P8DEY0JB

Visit Binance or download the app by clicking  our Claim Bonus button below and fill in your email address to begin registration. Agree to Binance’s Terms of Service and Privacy Policy by selecting the box, then click “Next” to proceed.

Binance will send an email with a confirmation code, add the code, and proceed to create a password to protect your account. 

The registration link above is connected to the affiliate program, so the promo code will be added automatically if you register through the link. But if you want to fill in the code manually, enter P8DEY0JB in the “Referral ID (Optional)”  box to be eligible for rewards and bonuses.

2. Complete KYC and Registration

To complete your KYC, Binance will ask for a photo of you, some personal information, and identification documents (like a National ID or Driver’s license). After you submit your information, Binance will review it and notify you via email when the KYC process is complete.

3. Deposit Funds and Start Trading

Now that your KYC is processed, here is a straightforward process to deposit funds, start trading, and enjoy benefits.

1. To make your first deposit select “Add funds” and click on the filter at the top right corner to choose the crypto or fiat money you want to use for the transaction.
2. Select Payment Method: If you are sending cryptocurrency, choose the cryptocurrency you want to deposit. But, if you prefer fiat deposits, select your preferred payment method (bank transfer or credit card).
3. Enter Deposit Details: If you are depositing a local currency, select from the list of supported fiat and enter the amount. For crypto, choose the network (e.g., BEP20, Optimism, TRC20, or ERC20) and copy the deposit address provided by Binance.
4. Complete the Transaction: If you are depositing fiat, follow the instructions to complete the bank transfer once you select the currency. But if you are making a direct crypto deposit, send the coin from your external wallet to the Binance address you copied (make sure you double-check the network to match the network address you got from Binance).

Transactions on Blockchain networks go through multiple confirmations, so wait a few minutes for the transaction to be complete. Once your first deposit is completed, you can explore the spot and futures trading markets, and other Binance products to make your first trade.

4. Enjoy Your Rewards

By using the Binance referral code P8DEY0JB, you will receive a 10% discount on trading fees for life and a $100 USDT trading fee credit (when you meet the criteria). In addition to these fixed rewards, you can enjoy exclusive benefits, including airdrops from multiple Binance campaigns and open promotional events.

What to Do if the Binance Referral Code Is Not Working?

The Binance referral program is designed to reward new users, so if the code you’re using doesn’t work, it’s probably because you already have an account or your email is registered with Binance. There are two things you can do in such instances, either you use a different email to register or you explore other programs that allow existing users to earn money on Binance.

If you are settling for the second option, check out Binance Gifts and Campaigns under the Services section. There you will find ways to earn rewards from monthly challenges, vouchers, gift cards, Binance points, and also explore programs that allow old users to learn and earn.

Binance Affiliate Program

The Binance Affiliate Program is a system that lets individuals and businesses earn commissions for referring new users to Binance using their unique referral link. You can sign up to be an affiliate through the Binance website.

Upon approval, share your code with your audience and stand a chance to earn up to 50% of the trading fees generated by your referrals, with lifetime commissions as long as they trade. Additionally, your referrals will earn rewards for signing up as new users with your unique referral link on the Binance crypto exchange platform.

Benefits of the Binance Affiliate Program

• High Commission Rates: Unlike other platforms, Binance affiliates can earn up to 50% commission on trading fees generated by their referrals.
• Consistent Earnings: Commissions on Binance Exchange are not a one time offer; affiliates continue to earn commissions as long as their referrals trade on the platform.
• Bonuses: Beyond standard commissions, affiliates can take advantage of various bonuses, such as a Futures bonus program that can yield up to 72,000 USDT monthly based on trading volume.
• Resources: Affiliates gain access to branding materials, educational resources, and exclusive content to help them effectively promote Binance and enhance their marketing strategies.
• Binance Affiliate Bootcamp: While there are numerous requirements for joining the Binance Affiliate program (such as having a minimum number of followers or community members), Binance offers an Affiliate Bootcamp for those who may not initially meet these requirements.

If you are worried that you might not get as many referrals as possible using your referral ID, being a part of a large community of crypto influencers, businesses, and individuals is another benefit of joining the program. You can network, share insights, and even follow trading signals of more experienced traders.

Binance Overview

Binace is the largest cryptocurrency exchange in terms of user number and daily trading volume. The platform currently has over 180 million users in 180+ countries and an average daily trading volume of $1.4 billion.

Like other exchanges, Binance supports 500+ cryptocurrencies and over 1300 trading pairs which you can trade against fiat or crypto. In addition to large crypto and trading pairs offerings, Binance Exchange offers various services for beginners and experienced traders. Some of these services include:

1. Futures Trading: Traders can explore the Binance Futures market and opt for contracts that allow them to speculate on the future prices of cryptocurrencies. For futures trading, you can select from various order types and speculate prices on cryptocurrency against Tether USDT and USDC.
2. Spot Trading: On Binance, users can trade various cryptocurrencies against other coins, tokens, fiat currencies, and stable coins USDT, USDC, and FDUSD.
3. Peer-to-Peer (P2P) Trading: Users can use this feature to trade directly with one another without middlemen. Let’s say you want to sell USDT for Vietnamese dong (VND), you can simply head to the P2P section, select a buyer and initiate the transaction. They will pay the equivalent of the USDT you want to sell directly to your local bank and then you can release the USDT to them.
4. Margin Trading: This feature allows traders to borrow funds to increase the size of your trade. You get access to leverage options reaching up to 125x. This trading option usually leads to high returns with equally high risks.
5. Binance Earn: While the referral program rewards new users for joining, Binance also provides opportunities for existing traders to earn passive income while trading. Through Binance Earn, you can generate passive income using options like staking, lending, and liquidity farming.
6. Binance Loans: Binance Loans gives you quick and easy access to liquidity while you retain ownership of your cryptocurrency holdings. All you have to do is pledge your assets such as SOL, XRP, BTC, ETH, or BNB, and borrow fiat currency or stablecoins. There is no need for credit checks and you can even borrow more with VIP loans.

Note: Crypto traders in the US cannot use the general Binance platform; if you are interested in using the platform’s services in the United States, register on Binance.US.

FAQs

Where to Put Referral Code in Binance?

When creating a Binance account, you can enter the referral code P8DEY0JB in the Referral ID (Optional) box on the registration page.

How to Change my Referral Code on Binance?

You can’t change your current referral code once created, but you can create a new Binance referral link with a different code. Simply go to your profile settings on the Binance website or the mobile app’s homepage, click on the “Referral” section, generate a new referral link, and invite friends.

How to Enter Referral Code in Binance After Registration?

You cannot use the Binance referral code after registration. Referral benefits only apply if you enter the code when creating a Binance account. So, the solution is to open a new account, add the referral code and earn rewards.

What Does Binance Referral Code Do?

A Binance referral code allows existing users to earn rewards by inviting new users to the platform. If you sign up using a referral code, you and the person who referred you can enjoy benefits like discounts on trading fees, signup bonuses, and exclusive rewards.