How Binance's invite system actually works
Most people think of invite codes as a one-sided transaction: you get a discount, the platform gets a new user. Binance's system is more interesting than that. It is a three-party arrangement between Binance, the inviter, and the invitee — and understanding how the money flows explains why code quality varies so much.
Where the discount comes from
When you trade on Binance, you pay a commission. Binance keeps most of it, but credits a portion — typically 20% of the fee revenue from your account — to the person whose invite code you used. This is the inviter's commission. The inviter then has a choice: keep all of that commission for themselves, or share some of it back to you as a fee discount. BTCBONUS is configured to share the full 20% back to you, meaning you pay 20% less on every trade, and the inviter earns nothing from your activity. That is the most generous possible configuration.
- Permanent 20% fee discount on all trades
- Up to $600 in welcome bonus tasks
- Access to all Binance products and features
- Generate your own invite codes after registration
- 0% commission (full discount shared to you)
- Maximum discount given to invitees
- No cost to you — Binance funds the commission
- Genuinely mutual benefit arrangement
Why the invite code must be at registration
Binance permanently links the inviter–invitee relationship at the moment of account creation. There is no grace period, no retroactive application window, and no support path to add a code after registering. This design is intentional: the referral commission only applies going forward from when the relationship is established. If you are considering registering on Binance, entering BTCBONUS now costs nothing and gives permanent value — there is no reason to skip it.
How to join Binance with invite code BTCBONUS
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Open the invite link Go to binance.com/en/join?ref=BTCBONUS. The invite code BTCBONUS is pre-filled. You can also use the standard registration page and manually enter BTCBONUS in the "Referral ID" field. Confirm it says BTCBONUS, enter your email address, set a password, and verify your email.
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Complete identity verification Verify your identity to unlock the full platform. Navigate to Account → Identity Verification and submit a government-issued photo ID (passport, national ID, or driver's license) plus a selfie check. This is required to access the Rewards Center, fiat deposits, and to generate your own invite codes for friends later. Most KYC checks complete within a few minutes.
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Check the Rewards Center After KYC approval, open the Rewards Center to see your active welcome bonus tasks. Complete the tasks at your own pace before their deadlines. Claim vouchers only when you plan to trade actively — they expire 14 days after claiming. Your 20% fee discount is already active and requires no action.
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Create your own invite codes to earn Once verified, go to Account → Referral in your Binance dashboard. You will find your unique referral ID and shareable links. Set the commission-sharing percentage for each code you create and start sharing with friends. Every trade your friends make earns you commission — paid by Binance, not charged to your friends on top of their normal fees.
Join Binance with invite code BTCBONUS — save 20% on every trade
Join with invite code BTCBONUSEarning commission by inviting your own friends
Once you are registered on Binance with BTCBONUS, you become part of the invite ecosystem yourself. You can generate your own invite codes and start earning a percentage of your friends' trading fees as passive commission. Here is everything you need to know.
How commission rates work
Binance pays a base referral commission of 20% of your referred friends' trading fees. You choose how much of that to share back with them as a fee discount — from 0% (you keep all 20%) to 20% (you share everything, like BTCBONUS does). Most people set somewhere in the middle. The commission is paid by Binance from its own fee revenue — it does not add any extra charge to your friends' trading costs.
| Commission split | Your friend gets | You earn per $1,000 of friend's fees |
|---|---|---|
| You keep 20% / Share 0% | 0% discount | $200 |
| You keep 10% / Share 10% | 10% discount | $100 |
| You keep 5% / Share 15% | 15% discount | $50 |
| You keep 0% / Share 20% | 20% discount (max) | $0 (gift to friend) |
How many friends can you invite?
There is no limit. Binance's referral program is uncapped — you can invite one person or ten thousand. Each person who registers with your invite code independently earns you a commission on all their future trades. Commissions are paid in real-time as your friends trade and appear in your Referral Dashboard. You can withdraw commissions to your spot wallet and use them for trading or transfer to an external wallet.
BNB holders earn higher commissions
Binance periodically runs elevated referral commission tiers for users who hold a minimum BNB balance. Holding BNB in your spot wallet can increase your base referral commission rate beyond the standard 20%, depending on the current program. Check the Referral Dashboard for your current rate and any active BNB commission bonuses.
Earning together vs. earning alone
The "earn together" philosophy of the Binance invite system creates a genuine incentive alignment: when you share back a meaningful discount to people you invite, they are more likely to trade actively, which means your commission income is larger than if you had attracted casual users with no discount benefit. The BTCBONUS approach — full 20% to invitees — prioritizes giving maximum value, which is why codes configured generously attract more active traders than codes offering nothing.
The 20% invite code discount: what it means for your trades
Joining with invite code BTCBONUS permanently reduces your Binance trading fees by 20%. This applies to spot trading, USDM and COINM futures, and margin trading. No re-activation needed — the discount applies to every trade you execute on the platform.
Adding BNB payments on top
BNB held in your spot wallet enables an additional 25% fee reduction when you activate "Use BNB to Pay Fees" in your account settings. Combined with BTCBONUS, your standard 0.1% spot taker fee falls to an effective 0.06% — a 40% reduction. This stacking requires no special volume tier and is available from your first trade after enabling the BNB setting.
| Market | Standard fee | BTCBONUS (20% off) | BTCBONUS + BNB |
|---|---|---|---|
| Spot maker | 0.100% | 0.080% | 0.060% |
| Spot taker | 0.100% | 0.080% | 0.060% |
| Futures maker (USDM) | 0.020% | 0.016% | 0.012% |
| Futures taker (USDM) | 0.040% | 0.032% | 0.024% |
Frequently asked questions
What is a Binance invite code?
How does the Binance invite system work for the invitee?
How does the invite system work for the inviter?
Can I create my own Binance invite code after registering?
Does invite code BTCBONUS work for Binance Futures?
What if I forgot to enter the invite code when registering?
How much commission does BTCBONUS earn from my trades?
Can multiple people use the same invite code?
Is the Binance invite commission taxable?
How do I share my own Binance invite code once registered?
More referral codes
Compare invite systems and fee discounts across the leading crypto exchanges.
Join Binance with invite code BTCBONUS
Use the invite code at signup, save 20% on every trade — then invite your friends and earn together.
Join with invite code BTCBONUS