Many new users find that when registering for B安, they need to fill in a referral code, which is best to do because it can reduce transaction fees.
Since you discovered this, let me explain in detail why it is necessary to fill in the invitation code~
The B安 referrer is an internal link credential provided when inviting friends to register for B安, to prove that this user was invited by an old user.
It is also possible to register directly without an invitation code, but it should be noted that accounts registered with an invitation code have certain benefits (fee discounts).
If you want your friends to register with Binance's invitation code, new users can save on transaction fees.
Whether you are trading contracts or spot trading in the crypto world, it is recommended to use Binance's new user registration channel~
Because the transaction fees of small exchanges can reach up to 80%, but an exchange that can't guarantee even one fund will eventually eat up your principal.
As the world's number one exchange, Binance is well-established in all aspects and is very safe~
By using the invitation code, you can receive multiple benefits.
Receive a rebate.
Rebate refers to returning a certain percentage of your transaction fees back to you. We all know that due to the high-frequency trading nature of cryptocurrencies, there will be a lot of transaction fee expenditures during the trading process. By registering with an invitation code, you can greatly reduce transaction fees. For example, if you paid 10 USDT in transaction fees, just by using B安's invitation code during registration, you can get back 2 USDT. Rebates are returned once a week, automatically, and are displayed in the capital flow.
You only need to fill in an invitation code in the referrer section during registration, and later on, using the exchange can save you a lot of transaction fees.
Different invitation codes have different return ratios, return methods, and return times. A 5% difference in rebates can result in hundreds or thousands of USDT in a large trading volume.
For old contract users, it is essential to get a rebate, otherwise, the losses can be significant. If needed, the assistant Xiaojiao can provide help.