Use Binance Referral Code 15888997 while creating a new account to get 50% off on trading fees. Also, when someone joins using your referral code, you will get a 50% commission and your friend get 50% off on fees.
With the popularity of cryptocurrency growing rapidly, several exchanges that support online crypto trading are being created. Some exchanges are designed for beginners who are new to this digital currency world, while others are for those who have years of experience in this field.
One such platform that supports crypto-to-crypto transactions is Binance. You can easily convert the fiat money into digital currency or trade crypto on this exchange with transaction fees of 0.1%.
Coined in 2017 by Changpeng Zhao, Binance is the world’s leading crypto exchange platform over the past few years with about $2 billion in trades every day. It’s started in China initially, Binance has now moved to Japan, as the country has fewer restrictions regarding digital exchanges than China.
Binance not only growing rapidly, but the platform has witnessed significant growth in trading volume. The company offers a wide array of crypto coins for trading to interested users. It also provides you with an opportunity to enter the digital transaction market in the easiest possible way.
It is fairly simple to register an account on this crypto trading platform. All you need to do is visit the official website of Binance, enter your email address, referral code and verify your account. There you go! You can make your first deposit and start trading cryptocurrency online.
If you are looking for the Binance Referral Code in 2021 while creating an account, you will come to the right place. Here you can find the best Binance Referral ID code with links.
Binance Referral Code
Use Binance referral code 15888997 on Sign Up to get 50% off on trading fees.
|Binance Referral Code||15888997|
|Signup Bonus||50% Referral Cashback|
|Refer Valid for||New Users|
What is Binance Referral Code
The Binance referral code is 15888997 that lets you save 50% on trading fees. Compared to other exchanges, Binance has the lowest trading fees of 0.1%, and if you pay fees using the BNB coin, you will also receive an additional 25% discount. There are no better crypto exchange platforms than Binance.
How to Apply Binance Referral Code
- Go to Binance or use the Binance Referral Link.
- Tap on the Register button.
- Enter your email id and choose a password.
- Type 15888997 in the Referral ID.
- Accept terms and click on Create Account.
- That’s it, you have successfully applied the Binance Referral ID code and now you will get 50% off on fees.
You can also watch the video to apply the Binance referral code:
How can you Increase the Earnings through Referral Program?
The first step to take is setting an attractive kickback rate. Keep in mind that anybody that wants to sign up with Binance does has access to thousands of different referral codes and many will provide a high kickback rate.
The minimum kickback is 10%. While this can seem high, keep in mind that this commission gets extended for lifetime trades. Anybody can convince hundreds of people for signing up by using the referral code they provide. So make sure that your referral codes are offering some competitive benefits. In a situation where it is becoming challenging for people to sign up through this code, they can generate another one.
Feature 1: The platform is easy to navigate, making it a perfect option for professionals and beginners. It has multiple features that are designed to make your trading experience better.
Feature 2: You could use just about any payment wallet to deposit your fiat currency into your cryptocurrency account. The platform accepts fiat currencies and helps you get them exchanged for digital coins.
Feature 3: It allows crypto traders to trade nearly anywhere they want. No matter where you are, you could use Debit Card, Credit Card, Google Pay, PayPal, and other payment apps to purchase Bitcoin.
Feature 4: You could wager cryptocurrencies or deposit them on your account to qualify for the rewards. Users can secure loans with their cryptocurrency.
Feature 5: The platform is 100% secure and follows anti-phishing security measures to keep your confidential data safe.
Feature 6: It has a qualified and trained support team that’s available for your assistance round the clock. You could reach out to the support department or check out their FAQs to learn more about how it works.
Feature 7: Binance offers you quite a few practical indicators that help you with the technical analysis.
Feature 8: The platform also has its main cryptocurrency, i.e., Binance coin. In addition to that, there is a crypto wallet available within the site that allows users to store their money securely. Not only does Binance support a smooth and fast conversion, but it has several tools that help you make an informed decision regarding investments.
History of Binance
As mentioned earlier, Binance is a china-based crypto exchange platform, as it was developed and launched by a Chinese crypto developer. Binance was also created with the initial public offerings, which help the Chinese crypto exchange raise a whopping $15 million for the project. Those who helped the developer raise funds for the exchange development project received free Binance Coins to trade cryptocurrencies or pay a fee.
However, owing to the struggles the Chinese government has been facing with cryptocurrency, the developer decided to move the exchange from China to multiple locations not to get confined to any restricted space. Now, people from different parts of the world can access Binance and trade more than 45 cryptocurrencies for fiat money on the platform in a secure and fastest way.
While Binance happens to be a one-stop platform for all crypto traders that plan on growing their digital investment, note that it comes with its share of risks. Below we have listed a few pros and cons of Binance that every investor must know before using the platform for trading cryptocurrencies.
So far, the company offers over 45 virtual currencies. It includes all the popular coins, such as Bitcoin, Ethereum, and Litecoin. This also includes the company’s own digital currency, “Binance coin,” and you will earn discounts and rewards on transactions if you trade using this token. The platform is also famous for its low transaction fees. The company claims to process more than 1.4 million transactions every second, making it one of the fastest and most reliable crypto exchange platforms out there.
Those who plan on launching their cryptocurrency coin can use this platform to fund their project via Initial Coin Offerings. To use the account, you are supposed to verify your identity by completing the KYC requirements. Once your account is verified, you could deposit money into your public wallet and start using Binance for trading. The platform does not charge any fee for the deposits, but you may incur a heavy fee for withdrawals.
In the past four years since its existence, Binance has managed to become amongst the largest cryptocurrency exchange in the world. This platform has also become the home for over 100 million users and alone in May this year there has been a trading of $ 2.4 trillion done. Over this, the main brokerage and exchange services they provide there are some quality features that one can benefit from.
This includes the saving account of cryptocurrency. This will allow you for earning interest in the investment of digital currency that you made. Binance has also become the home for digital asset debit cards that gets its backing from Visa. There is also a loan facility for cryptocurrency here.
Then they have also introduced the Trust Wallet that also allows one to store all of the cryptocurrency safely through Android and iOS app. And everything that just started with a small crypto exchange has completely revolutionized the crypto finance services offered on this planet!
Pros and Cons of Binance
- Support different types of Alt Coins and other cryptocurrencies for trading.
- The company charges a very reasonable fee, which is only 0.1% of your trading amount.
- The regular users get a chance to win rewards and other prizes.
- Provides the best security measures, including two-factor authentication and compliance with the cryptocurrencies security standard (CCSS).
- Trades a large volume of digital coins regularly and supports over a million transactions per second, thus increasing your chances of getting your coins sold.
- Although the company claims to cater to the customer’s requirements 24/7, some people have complained about the support team. As a result, there is a chance you may face delays when seeking customer assistance.
- The withdrawals are associated with a fee. So, every time you withdraw money from Binance to your bank account, you will be charged a conversion fee.