What is a Binance Referral Code?
A Binance referral code links a new account to an existing user under the exchange's Referral Program, and in return the new account receives a share of trading fees back as a rebate. Binance calls this share a kickback, charging the normal fee on each trade and then crediting a percentage back to you.
We maintain two codes because the rebate mechanics differ by market. Entering TCT04ZPC shares the full 20% base spot commission back to you on spot and margin trades. Entering 39505645 applies a 5% rebate to your futures trading fees, which Binance permits referrers to set anywhere between 0% and 10% under its futures referral rules.
One account holds one referral relationship, and Binance never allows it to be changed or removed. Pick the code that fits your trading plan before you register.
Binance Spot vs Futures Codes: Which One Should You Enter?
The spot code suits investors who buy and hold. Standard spot fees on Binance are 0.1% per trade for regular users, so a 20% rebate cuts your effective rate to 0.08% on every purchase and sale. The rebate carries no invitee-side expiry while you remain below VIP 3, making it the stronger choice for anyone accumulating Bitcoin or Ethereum over years.
The futures code suits active derivatives traders. Futures fees start at 0.02% for maker orders, meaning orders that rest on the order book, and 0.05% for taker orders that execute immediately. Those percentages look small, but futures fees are charged on the full leveraged position size rather than your margin deposit, so a 5% rebate compounds quickly at volume.
Most code-listing sites skip a futures timing caveat. Binance limits futures rebates to 12 months from the date the invitee opens a futures account, unless the referrer later qualifies for a higher commission tier that waives the limit. Spot rebates carry no equivalent clock, which is another reason long-term holders should default to the spot code.
How to Use a Binance Referral Code
Applying a code takes under a minute during registration, and using a referral link fills the field automatically.
Steps to register with a Binance referral code:
- Pick your market first: Decide whether spot or futures will carry most of your volume, then use TCT04ZPC for the 20% spot rebate or 39505645 for 5% back on futures.
- Open the signup form: Register on the Binance website or app with your email address or phone number and set a password.
- Confirm the Referral ID field: Check that the correct code sits in the Referral ID box before submitting, since the confirmation screen displays your kickback rate.
- Complete identity verification: Finish the KYC checks, the identity documents Binance collects to meet regulations, because rewards and full account features stay locked until verification clears.
- Fund the account and trade: Deposit through bank transfer, card, or crypto, then place a first trade so the rebate begins accruing.
- Check the rebate is active: Open the Rewards or Referral section of your account to confirm the referral binding and watch USDC rebates arrive in your Spot Wallet.
A recent rule change gives code-free signups a narrow second chance. Binance now lets a new user bind a referral relationship within 30 days of registration, provided the account has no deposits, no trades, no existing referral link, and no KYC details reused from another account in the past 180 days.
Binance Welcome Rewards for New Users
Beyond the fee rebate, verified new accounts receive three beginner tasks in the Rewards Hub worth up to $100 in trading fee rebate vouchers, according to Binance's Welcome Rewards terms. The tasks typically cover completing verification, making a first deposit, and placing a first trade, though the exact mix varies by region and user.
Vouchers work as a refund rather than free cash. Once redeemed, spot trading fees you pay during the voucher's validity window are returned to your Spot Wallet the following day. They cannot be applied to API trades and must be redeemed through the Binance app.
Availability is the main catch before you count on the bonus. Binance excludes a long list of countries from Welcome Rewards, including the United States, United Kingdom, Canada, Japan, the Netherlands, and Singapore. The referral fee rebate is separate from these vouchers, so residents of excluded regions can still benefit from the code where Binance operates.
Where Do I Find My Binance Referral Code?
Once your own account is verified, you can generate codes and earn a commission when the people you invite trade. Binance permits up to 50 Referral Pro links per user, and each link's spot and futures sharing ratios are locked once created.
1. Finding Your Code on the Website
- Open your profile: Log in and click the profile icon in the top right corner.
- Select Referral: Choose the Referral entry from the dropdown menu.
- Switch to Referral Pro: Pick the Referral Pro tab to see commission-based codes rather than one-time voucher invites.
- Copy or create: Copy your default code, or select Create Link to set a new code with its own commission split.
2. Finding Your Code on the Mobile App
- Tap Referral: Open the app homepage and tap the Referral shortcut.
- Choose Referral Pro: Select the Pro mode to view your shareable code and link.
- Share it: Use the copy or share buttons to send the code, link, or QR poster to friends.
- Track results: Watch registrations under My Referrals. Signups from the past two days appear in the 48H Referrals tab.
Referral Lite vs Referral Pro vs Affiliate Program
Binance splits its invitation system into two referral modes plus an affiliate tier, and a new user can only be attached to one referral mode.
The Affiliate Program sits above both modes and targets creators, educators, and communities. Affiliates gain dedicated tracking tools and higher commission ceilings, and referrers who reach Tier 1 or above in the quarterly evaluation are upgraded to affiliate status automatically. For readers who want cheaper trading, the Referral Pro codes in this guide remain the direct path.
What Changed in the Binance Referral Program
The program has been overhauled more in the past year than in the previous five, and several changes affect new signups directly.
Recent changes to know before registering:
- BNB-based commissions ended: Binance scrapped the structure tying referrer rates to BNB holdings in September last year, replacing it with quarterly performance tiers.
- USDC became the settlement token: Both referrer commissions and invitee rebates now default to USDC, calculated hourly and deposited to the Spot Wallet within 6 hours.
- Commissions moved to net fees: From late April for spot and mid July for futures, commissions are calculated after subtracting the rebates Binance pays professional market makers, which can shrink payouts on affected pairs.
- A 30-day binding window opened: Users who forgot a code at signup can now attach one within 30 days if the account remains untouched, a reversal of the old rule that locked out latecomers.
- Risk screening tightened: New traders are run through a mandatory risk assessment, and referrals flagged as duplicates or wash traders, accounts that trade with themselves to fake volume, are excluded from commissions.
- Advertising rules hardened: Referral links posted as paid search ads or on imitation websites are voided, which protects codes shared through legitimate channels.
About Binance
Binance launched in 2017 and marked its ninth anniversary this July with more than 323 million registered users across over 100 countries and $156 trillion in cumulative trading volume. Co-CEOs Richard Teng and Yi He have steered the company since founder Changpeng Zhao stepped down as part of the 2023 settlement with US authorities.
The platform spans spot markets on hundreds of cryptocurrencies, USDT-margined and coin-margined futures, margin trading, Earn products, and a growing set of traditional finance offerings including tokenized stocks and ETFs. Its VIP program layers volume-based fee cuts on top of referral rebates, so the two savings mechanisms stack as your activity grows.
Security infrastructure includes the Secure Asset Fund for Users, an emergency insurance pool, alongside regular proof of reserves reporting. Availability still varies by jurisdiction, so check our Binance restricted countries guide if you are unsure about your region.
Final Thoughts
Which code to enter depends on where your fees will come from. Investors building positions over time save more from the 20% spot rebate with TCT04ZPC, while leveraged traders churning volume recover more through the 5% futures rebate with 39505645.
Enter it at signup or within the 30-day binding window, verify your identity to unlock the Welcome Rewards where your region qualifies, and let the USDC rebates accumulate with every trade.
