Binance Referral Code BNREF01 - Get 20% Fee Rebate

📌 TL;DR

Binance rebate means a portion of your trading fees is returned to you. Both spot and futures support up to 20% automatic rebate—the maximum allowed by the system.

Referral Code: BNREF01

To get the rebate, you need to bind the correct referral code when registering. Use the link below.

1. What is Binance Rebate?

Binance rebate means a portion of trading fees you pay is returned to you. This is a long-term program, theoretically valid for life.

To attract new users, Binance has a referral rebate system. After inviting new users, both parties receive a portion of trading fees.

💡 In short: Register with a referral code, and Binance returns part of your trading fees. BNREF01 offers the maximum 20%.

2. What Does the Referral Code Do?

1. Affects Rebate Rate

Our referral code offers 20% for both spot and futures—the system maximum. Many others only offer 5%-10%.

2. Affects New User Benefits

Using our code unlocks new user reward packages—complete tasks to get fee cashback vouchers.

3. Binds Referral Relationship

Once bound, it cannot be changed. Make sure to enter the correct code during registration.

⚠️ The Truth About "40% Rebate": Many claim "40% rebate"—they're adding spot 20% + futures 20% together. Each market caps at 20%.

3. How to Bind the Referral Code?

Key: Bind your Binance account to the correct referral code to ensure proper referral relationship.

  • 1
    Use the Referral Link

    Click the button below—the referral code is auto-applied.

    Go to Binance Registration
  • 2
    Verify the Referral Code

    Confirm the registration page shows "Referral ID" as BNREF01 and "Your rebate rate: 20%".

  • 3
    Complete Registration

    Follow the prompts:

    • Enter email or phone number
    • Set a strong password
    • Verify email/phone
    • Complete KYC verification

After verification, you can trade and rebates take effect automatically.

4. How to Check/Re-bind?

Check if Referral Code is Bound

  1. Log in to Binance app or website
  2. Go to "Invite Rewards" → "Referral Rebate"
  3. Click "My Rebate" → "Invitee Cashback"
  4. If rebate rate shows, binding is successful

Conditions for Re-binding

⚠️ Note:

Accounts with bound referral codes cannot change referrers. Only accounts meeting all conditions below can re-bind:

  • Never bound any referral code
  • No trades in the past 180 days
  • No Binance product usage in 180 days

If your account is new without KYC or trades, consider re-registering. Otherwise, nothing can be done.

5. Rebate Rate Explained

TypeSystem RangeOur Code
Spot Trading0% - 20%✅ 20%(Max
Futures Trading0% - 20%✅ 20%(Max

How is Rebate Paid?

  • Auto Rebate: Real-time after each trade, credited within minutes to an hour.
  • How to Check: "Wallet" → "Rebate" → "Invitee Cashback" shows all records.

6. Rebate Calculator

Many ask how much you can actually save. Here are some examples:

Formula:

Monthly Rebate = Volume × 0.1% (fee) × 20% (rate)

Monthly VolumeMonthly FeesMonthly RebateAnnual Rebate
100K100 U20 U240 U
1000K1,000 U200 U2,400 U
10000K10,000 U2,000 U24,000 U
💡 Based on standard 0.1% fee. VIP status or BNB discounts lower base fees, but 20% rebate rate stays the same.

7. Frequently Asked Questions

Q: Any downsides to binding a referral code?

A: No downsides at all. Using a referral code only benefits you. The only "downside" is Binance earns less from you.

Q: Forgot to enter referral code during registration?

A: Referral codes can only be added during registration. If account is brand new (no KYC, no trades), consider re-registering.

Q: "Your region cannot participate in referral program"?

A: Likely a VPN issue. Try switching to crypto-friendly regions like Taiwan or Singapore.

Q: Is 40% rebate real?

A: Often exaggerated marketing. They add spot 20% + futures 20% to claim 40%. Verify actual rebate received.

Q: Can I add the code if I already have an account?

A: Unfortunately, no. Referral codes can only be applied during the initial registration. If you haven't completed KYC, you may consider creating a new account.

Q: Is the 20% discount real?

A: Yes. When you register with code BNREF01, you will see the 'Your commission kickback rate: 20%' message on the signup page, confirming the offer.

Q: Does it work for Futures?

A: Yes! This code provides benefits for both Spot and Futures trading markets.

Final Words

Key points about referral code BNREF01:

  • 20% rebate on both spot and futures—system maximum
  • Lifetime validity, real-time automatic credit
  • Completely free, pure savings
  • High-volume traders save thousands annually

You're registering anyway—adding a code costs nothing and saves money.

Register on Binance Now
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Binance Rebate Guide

In crypto since 2019, 5 years of trading experience. Focused on sharing exchange promotions to help users save on fees.

Disclaimer: Cryptocurrency investments carry extremely high risk. This article is for informational purposes only and does not constitute investment advice. Users should consider whether any opinions or conclusions are suitable for their situation. Invest at your own risk.