Looking for the best Binance Referral Code in 2022? Well, you’ve come to the right place!
In this guide, we share our exclusive Every Bit Helps Binance Referral ID Code for June 2022. When you sign up through our Binance referral link, you’ll receive a 20% trading fee discount, plus a $100 Bitcoin referral bonus.
So what are you waiting for? Read on to learn more about Binance Exchange and how you can save up to 45% on Binance trading fees.
Best Binance Referral Code June 2022
- Go to Binance.com or Binance.US
- Enter an email address and a strong, secure password
- Under “Referral ID (Optional)”, enter GPZ64I32 (Commission Kickback Rate: 20%)
- Once you have read the terms and are happy to proceed, tick the box
- Finally, click “Create Account“
Binance UK & Europe Referral Code
Binance US Referral Code
How to Apply Binance Referral Code?
To get the 20% trading fee discount, plus a $100 Bitcoin referral bonus you will need to sign-up to Binance and apply the referral code GPZ64I32.
You will need to apply the Binance referral code at sign-up. Applying the referral code is optional and can sometimes be missed, so make sure you don’t miss this step, as I did.
Time needed: 10 minutes.
To sign-up and get all the benefits Binance has to offer, simply follow the below step-by-step guide.
- Go to Binance.com or Binance.US
If you are from the USA you can use Binance.US, if you are outside of the USA i.e UK or Europe you can use Binance.com.
- Create a Binance Account
To create a Binance account enter your email address and a strong, secure password.
- Enter Binance Referral ID
Under “Referral ID (Optional)”, enter referral code GPZ64I32.
You should see Commission Kickback Rate: 20%.
- Accept Binance T&Cs
Read Binance terms and conditions.
If you are happy to proceed, tick the box and click “Create Account“
- Start Earn Binance Commission Kickback
Once you have signed up to Binance and entered the referral code.
You will now earn a 20% commission kickback on every trade.
Binance $100 Promo Bonus
As well as earning 20% off trading fees, Binance is currently offering new users who open a Binance account an additional $100 welcome bonus. This offer is only available for a limited period.
To earn the welcome bonus sign-up, use the Binance referral code GPZ64I32 and complete the tasks outlined below. If you have any questions or issues, please let me know in the comments below.
|Earn a $5 Spot Cashback Voucher||Make a First Deposit of >$100 within 5 Days|
|Earn a $20 Spot Cashback Voucher||Spot Trade of >$1,000|
|Earn a $25 Spot Cashback Voucher||Spot Trade of >$20,000|
What is Binance?
Binance, the world’s largest cryptocurrency exchange, was founded in 2017 in China by Changpeng Zhao, commonly known as CZ. The fast-growing Binance platform offers traders high liquidity and some of the lowest trading fees at 0.1%, making it one of the best crypto exchanges.
It continues to be one of the most popular crypto platforms and grows in popularity by offering a wide range of attractive features for complete newbies to professional traders. The number of tokens and trading pairs available to trade is unrivalled.
The Binance platform has quickly become the one-stop-shop for crypto investors. Some of its most popular features are;
- Binance Earn – Where users can stake and earn crypto.
- BSC (Binance Smart Chain)
- Binance App – Including Binance Lite and Binance Pro
- BNB Token
- Binance Futures exchange
- Binance Academy
- Affiliate program
For more information on the crypto exchange, check out our in-depth Binance review.
Is Binance Safe?
Binance is one of the largest crypto exchanges and does take security seriously. However, a crypto platform is only as safe as your own personal security. We would highly recommend setting up the likes of two-factor authentication to secure your account, using the likes of YubiKey or Google Authenticator.
However, we would also recommend not storing large amounts of crypto on crypto exchanges without access to your private keys. You can be your own bank account and take control of your personal finance by using a hardware wallet such as Ledger Nano X, Nano S or Trezor Model One.
Binance Referral FAQs
When signing up to Binance with a referral ID, new Binance users will receive a referral id kickback bonus on trading fees. You can also save 25% by trading with their Binance Coin BNB. Please beware of referral IDs offering high Binance discounts. Some of these offers can be misleading, and you won’t receive a discount.
When new users sign up using our exclusive Every Bit Helps Binance referral ID, it provides a 20% kickback on trading fees, and a $100 welcome bonus. We believe this is one of the best Binance referral code offers available if you see a better offer, please let us know.
On the Binance sign-up page, you will notice an optional tab, “Referral ID“, below the email and password sections.
This tab will populate automatically when you click and use our Every Bit Helps referral link. However, this can also be manually input by entering the Binance referral code GPZ64I32.Once entered, you will see a grey box confirming a commission kickback rate of 20% & a $100 bonus. You will need to enter this Binance referral code at registration. Unfortunately, if you are already a Binance user and have a verified trading account, this discount may not work.Please beware when you sign up using a referral link; some sign-up bonus offers may be too good to be true. You may find these referral codes are fake, and you won’t receive any Binance referral bonus. So please make sure you check the grey box under “Referral ID” as per the example below.
When signing up using a valid Binance referral code, all your trading fees will have a lifetime fee discount earning you a commission kickback of 20% on every trade.
Compared to Binance alternatives such as Coinbase or Kraken, the Binance referral bonus is considered one of the best sign-up bonus offers available for crypto exchanges.Another platform we also like and personally use is FTX Exchange. Although their offer isn’t as good as 20%, you can still save 5% on trading fees.
When trading on Binance under 50 BTC (over a 30-day period), you will pay 0.10% per trade, so if you trade $1,000, you will pay $1 of trading fees. However, when you add the Every Bit Helps link, you will save 20% as a commission kickback.
Although Binance is the largest crypto exchange, its standard trading fee is reasonable. However, these can be reduced further if you trade and use BNB to pay fees. This will then reduce the cost by another 25%. I understand this may seem small, but these fees add up and are great for your personal finance.
The referral commission rate and the kickback rate are both a part of the referral bonus. Once the invitee makes a transaction, the inviter will receive a referral commission, and the invitee will receive a kickback.
New Binance users will need to sign up using our Binance referral link or use our referral code for these rates to work. You will then need to create a Binance account and go through the verification process.
The registration process is pretty straightforward when you join the Binance exchange and create a Binance account. As part of the Binance referral program, you will receive your own Binance referral ID after creating an account.
This can be found on your Binance referral dashboard, under the referral tab. Then share with friends and family who will also need to create a new Binance account.
1. Log in to your Binance account
2. Go to the Profile Icon
3. Click “Referral“
4. Copy your Binance Referral Bonus Code
5. Share with Friends & Family
Binance Referral Code UK
Our exclusive Binance referral code is available to UK investors new to the crypto exchange. When you sign-up with our link you will receive a 20% kickback on trading fees, plus a $100 welcome bonus.
If you’re unsure which exchange is suitable for you, check out our guide on how to buy Bitcoin in the UK or put a question in the comments below.
Is Binance Legal in the UK?
Yes, Binance is Legal in the UK. However, there have been some restrictions with banks blocking fiat currency from being deposited. Some UK crypto investors have (in some circumstances) had their bank accounts blocked/frozen. Unfortunately, this is not something that Binance support cannot assist with resolving.
If you are unsure which banks are crypto-friendly in the UK, check out our list of the top 5 crypto-friendly banks in the UK.
How to Save up to 45% on Binance Trading Fees?
There are two ways you can save on transaction fees when using the Binance crypto exchange. The first is by using our promo code GPZ64I32 at sign-up, and you will receive a 20% cashback commission on all trades.
However, you can save a further 25% when you crypto trade using the BNB token. So, in total, by combining both of these opportunities, you could easily save up to 45% when trading.
Binance trading fees are very reasonable compared to other crypto exchanges such as Coinbase Pro and Kraken. However, it’s important to try and reduce trading fees as much as possible. At even a fraction of a percentage, fees can really add up, and with the potential growth of cryptocurrency, a small trading fee paid in 2022 could be worth 100x in 2023.
When trading below 50BTC (over 30 days), you will be charged 0.1% as a Maker or Taker. As per the table below, when trading above 50 BTC, these fees will come down further.
These fees can be reduced by 20% when you use a Binance referral code at sign-up. Plus, if you trade using their BNB token, you can reduce trading fees by 25% (45% in total).
Binance BNB Token
The Binance coin BNB is the native token for the Binance Smart Chain (BSC), launched through an initial coin offering (ICO) in 2017. It was initially created as an ERC-20 token based on the Ethereum network. However, the Binance coin was later swapped over to its own blockchain.
The BNB token is very versatile and has several use cases;
- By using the BNB token to trade, you can reduce trading fees by 25%
- Participate in token sales, hosted on Binance LaunchPad
- Payment method
- BNB powers Binance DEX (Decentralised Exchange)
You can also put your BNB tokens to work by staking, this can be done on the exchange, but I prefer to stake BNB using the Trust Wallet, where I have received as much as 40% APY but this rate fluctuates.
Binance BNB Discounts
When using the BNB tokens to trade with, you can achieve the following discounts;
- 25% discount on Spot Market fees.
- 5% discount on Margin Interest
- 10% discount on Binance Futures trading fees.
Verdict: Should you Sign-up for Binance?
Binance was one of the first crypto exchanges we used and is now one of our go-to exchanges when buying crypto. The major reason we use the exchange is due to its low trading fees and the number of trading pairs available. Binance Earn is also a great incentive to use Binance and start earning passive income on your crypto.
We wouldn´t recommend holding and storing all your digital assets long-term on crypto exchanges. However, if you’re just buying or trading crypto, their low fees and number of trading pairs should be appealing to you.