Are you looking for the Binance referral code to get a sign-up bonus? This post covers everything you need on the Binance Referral bonus program.
There are 2 types of Binance bonuses. Sign up with this Binance referral code ID MFKQPCVJ or link and get up to 20% lifetime commission trading fee. Or enter this Binance referral ID CPA_00YK5A9LVM during sign-up or this link to get a $200 USDT Voucher bonus. Also, get 25% when you use BNB coin to pay your trading fee.
Hence, choose between the Binance lifetime commission code bonus (MFKQPCVJ) or the $200 one-time cashback voucher (CPA_00YK5A9LVM). You can only choose one, not both.
So, this post will explain how to get Binance Sign up bonuses and answer questions relating to this referral program.
Let’s start.
What is Binance?
Binance is the largest centralized exchange platform in the world for cryptocurrency trading and investing with over 600+ coins and other investment opportunities in the Blockchain ecosystem.
Founded in 2017, Binance is on a mission to be ‘the infrastructure services provider for the blockchain ecosystem’.
Indeed, Binance is more than a crypto exchange platform. It encapsulates almost everything about blockchain technology by offering various products and services around it. For example, Binance lab, NFT market, Wallet and Binance Chain
And when it comes to cryptocurrency trading, Binance offers a more robust trading platform, such as Spot trading, Margin, Futures, Staking, Pool, Dual investment and so on
Read a more complete review on Binance here.
Products and Services
Binance offers so many products and services. Some of them are:
- Cryptocurrency Exchange: Buy, sell, send, receive, etc.
- Deposit and Withdrawal of crypto and fiat currency.
- Binance NFT.
- Trust Wallet.
- Binance Pay
- Crypto Over The Counter Trading (OTC).
- Binance Academy.
- Launchpad.
- Research.
How to Sign up and get Binance Referral Commission Bonus
This Binance lifetime commission code bonus – MFKQPCVJ – is for everyone who wants to enjoy up to 20% trading bonus for life. For every coin you buy and sell on Binance, you get a commission.
Here is how to get Binance referral lifetime bonus commission when you sign up:
- Click on this referral link to create an account Binance website
- Choose the Sign-up option and Country of Residence.
- Click on Create Personal Account or Entity Account
- Enter your account details: Email address and password
- Verify your Email Address.
- Verify your phone number.
- Next, verify your account with a Government issue ID.
- Lastly, receive Binance commission bonus whenever you trade crypto.
How to Sign up and get Binance $200 Referral Bonus
The Binance referral ID for $200 USDT cashback is CPA_00YK5A9LVM. Formerly $100, the Binance bonus gives an on-time $200 trading bonus.
Here is how to get the Binance $200 referral bonus when you sign up:
- Create a Binance account with this $200 referral link
- Choose how to Sign up. Phone/Email, Apple or Google
- Choose your Country of Residence
- Click on Create Personal Account or Entity Account
- Verify your email address.
- Verify your phone number.
- Next, verify your Binance account. Upload a Government issue ID.
- Make a deposit of more than $50 within 14 days of registration.
- Receive and claim $200 in Binance Reward within 48 hours.
To understand how to claim your $200 Binance bonus, scroll down this post.
Binance $200 Bonus Terms and Conditions
On Binance, the following requirements must be fulfilled within 14 days of creating your account to receive the $200 referral bonus:
- Firstly, sign up on Binance through this referral link or enter CPA_00YK5A9LVM
- Then, verify your account within 7 days
- Lastly, make a deposit of more than $50. Through cash deposit, card, P2P or crypto.
- Then, receive your $200 bonus in the Reward Center
Binance Referral Commission Bonus Terms and Conditions
Below are the required steps to get the Binance commission referral bonus when you sign up:
- Firstly, sign up on Binance through this referral link or enter MFKQPCVJ
- Then, verify your account
- Start trading crypto on Binance and get a commission bonus every time
Binance Lifetime Commission Bonus Vs $100 Voucher. Which One is Better?
Binance commission bonus gives you a bonus every time you trade on Binance: Spot trading and Futures.
On the other hand, Binance’s $200 Voucher is a one-time bonus and is only valid for 14 days after you activate the voucher. Go to your Reward Center to claim it after you meet the bonus requirement.
Also, the $200 bonus can only be used for trading crypto and cannot be withdrawn from Binance.
In summary, if you intend to trade always, choose the Binance commission bonus. However, if you will trade less often, choose the Binance $100 bonus.
What it boils down to is that the Binance commission bonus is better than the $200 voucher in the long run.
Binance trading fee is 0.1%, the lowest among all crypto exchanges in the world. So, any type of Binance referral bonus you choose is good.
And you can still reduce this trading fee by 25% when you pay with a Binance BNB coin.
How to verify your Binance Account
An important step in creating an account on Binance is verification, which can be tough. The process of verifying your Binance account is as follows:
- Select and take a picture of any of your Government issue ID: National ID Card, Passport, or Driver’s License.
- Take a selfie picture.
- Lastly, do facial recognition by following the prompt. You will be asked to do things like tilting your phone, opening your mouth etc.
After doing all these, your verification may still be unsuccessful. This is normal so, don’t give up!
Instead, keep repeating the process but give it some minutes intervals because it may be successful though you see unsuccessful.
Some tips to get a successful verification on Binance quickly:
- Ensure you take a clear picture of your ID.
- Place and snap the ID on a white background such as on white plain paper.
- Take your selfie picture in a well-lit environment.
- Keep repeating the process if unsuccessful
How to Claim and Unlock Binance Referral Bonus
If you use the Binance one-time bonus ($200), then you need to claim it. After fulfilling the requirement, the referral bonus will reflect in your Binance Reward Center.
Here is how to claim and unlock your Binance bonus:
- Firstly, log in to your Binance account
- Then, go to your profile and click Reward Center.
- Lastly, click your bonus and it will drop into your Spot account.
Note: if choose to sign up with this Binance commission code bonus, MFKQPCVJ, the bonus is applied automatically for life. You do need to claim your bonus from the Reward Center. Instead, as you trade crypto, Binance will be discounting the trading fee instantly.
Binance Referral Program
Binance has 2 types of referral bonuses that new customers can choose to enjoy. These are Standard Referral and Lite Referral. Both bonuses reward new customers in different ways.
However, you can only choose one of these Binance bonus programs.
Binance Standard referral
Binance standard referral program rewards a new customer with up to 40% commission on spot trading, Futures and Pool.
Hence, if you want the standard referral program, sign up on Binance through this referral link
Interestingly, when you trade, you receive your bonuses in the same hour rather than waiting till month-end.
For an existing user on Binance, you can share your referral link with your friends and family to sign up on Binance.
When they do, they will get a trading fee commission depending on the percentage you wish to give, such as 5%, 10%, 15%, 20% or more.
Binance Lite Referral
On the other hand, the Binance Lite referral program rewards a new customer with a $100 USDT cashback voucher with conditions. The conditions are:
- Complete identity verification within 7 days
- Make a deposit of more than $50 within 14 days of registration.
- Claim your reward within 7 days of receiving it.
So, if you want the $100 Lite referral bonus, sign up on Binance through this referral link
How to locate and get your Binance Referral ID link
To locate and get your Binance referral ID link,
- Open and log in to the Binance app.
- Next, tap on the Profile icon.
- Then, tap on My Referral ID.
- Tap, the copy sign or tap Invite Friends to share across social sites.
Binance Alternatives
These Binance referral alternatives on cryptocurrency trading also give a bonus when you create an account with them:
1. Yellow Card Crypto
Yellow Card is a crypto exchange platform for cryptocurrency trading and investing in Bitcoin, Ethereum and USD. Yes, just 3 crypto coins.
It is beginner-friendly and offers good rates on these cryptocurrencies.
2. Paxful
Unlike other crypto exchanges, Paxful is a platform that lets you set your own cryptocurrency price to buy or sell. And you trade with someone while Paxful acts as the medium for both buyers and sellers to have a successful transaction.
Interestingly, this P2P crypto site offers over 300+ payment methods, which is one of the selling points.
Related Post:
- How to get Paxful $5 Bonus and Bitcoin
- How to get Mara Crypto Wallet Sign-up Bonus
- Yellow Card Crypto Referral Program
Final Thoughts: Binance Referral
Finally, you have seen how to get the Binance referral bonus as a new customer. Hopefully, I hope you can now determine which of the two bonus options you prefer.
No doubt, Binance is the right crypto platform to trade cryptocurrency, offering 600+ crypto coins and the cheapest trading fees.
You cannot be short of which coins to trade on Binance, rather, it is the confusion of too many options you will likely experience.
Therefore, try it and let me know your experience. Also, leave a message in the comment section below.
