Binance is the largest cryptocurrency exchange globally, trusted by millions daily. The growth stems largely from organic user recommendations. A vital part of this user-driven growth is the Binance Referral ID, a special optional code used during account registration.

Instructions and Tutorial

In this tutorial, you will learn step-by-step how the binance referral program works and how to use it.

What is the Binance referral code?

The Binance referral code is promotion for new users and old ones. Entering the referral code ASYQFPUG provides you with a lifetime 20% discount on all trading fees, plus the chance to earn extra cashbacks on transaction fees after completing certain tasks. If you are an old Binance customer and haven't traded on the platform for at least 180 days, you are also eligible to use the referral code and get the benefits.

What Does the "Binance Inviter" Mean?

During the Binance registration process, you might see the term “Inviter.” An Inviter is simply someone who referred you to Binance. Choosing "YES" and entering the referral ID ASYQFPUG ensures you secure the full 20% discount and exclusive signup benefits, as shown in the image below:

Using the Binance referral during registration

Binance Futures and Referral IDs

New users often ask about Binance Futures referral codes. The great news is your standard Binance account covers both Spot and Futures markets. The referral code ASYQFPUG provides the maximum discount on both Spot and Futures trading fees, simplifying your experience significantly. Check below the futures referral conditions:

Futures Referral

  • Invitee discount: 10-20 % trading-fee rebate for 30 days.

  • Inviter earnings: up to 30 % of Futures fees (20 % base < 500 BNB; 30 % ≥ 500 BNB).

  • Earnings window: 12 months from the date each invitee opens a Futures account.

Next Steps: Unlocking Your Binance Bonus

Step 1: Complete Identity Verification (KYC)

Completing Binance’s Know Your Customer (KYC) verification is crucial to access all features and secure your account:

  • Log into Binance and visit your profile.

  • Select Account > Identification > Increase Limits.

  • Follow Binance's clear instructions to submit personal information and identification documents.

Once verified, Binance rewards your effort with bonus USDT, contributing to the cashback rewards.

Step 2: Making Your First Deposit

After verification, you’re ready to deposit funds:

  1. Navigate to 'Fiat and Spot' Wallet: Click Wallet > Fiat and Spot.

  2. Initiate Deposit: Select Deposit.

  3. Choose Deposit Method:

    • Fiat Currency: Choose your currency and follow provided bank or payment gateway instructions.

    • Cryptocurrency: Select your crypto, copy Binance-generated deposit address, and use it as the recipient address from your external wallet.

  4. Confirm Deposit: Funds appear in your wallet after confirmation*.


*Rewards distributed automatically within 48 h (vouchers) or in real time (commission).

Referral Codes in 2025: What's New?

Previously known as "Binance Referral Code," the registration page now refers to it as "Referral ID" or occasionally "Binance Invite." Despite the name change, the benefits remain the same: a maximum lifetime 20% discount on all transaction fees.

Understanding Referral Types

Binance offers two main referral types:

  • Referral Pro Mode (formerly Standard): Provides a lifetime trading fee discount (up to 20%) and sign-up bonuses.

  • Referral Mode (formerly Lite): Linked to limited-time promotional campaigns with additional criteria and unique rewards.

Binance also runs seasonal campaigns (e.g., New-Year Gift Boxes, Futures welcome packs) that stack on top of the core program. Always check the Activity > Referral Offers page for current promotions.

Referral Mode – Voucher Rules

  • Deposit requirement: US $50+ (fiat, card, P2P or crypto on-chain) within 14 days after sign-up. Internal transfers don’t count.

  • Voucher delivery: ≤ 48 h after task completion.

  • Redemption window: 7 days to activate; once activated the voucher offsets spot fees until US $100 is consumed or 14 days pass.

  • API trades became ineligible after 19 Sep 2024.

Other Referral Verticals

  • Binance Pool – 5 % of your referral’s pool fee (fixed). Code: ASYQFPUG

  • Affiliate Recall Program – special links that let you bind existing users (spot/futures only). Code: ASYQFPUG

Risk Warning

Digital-asset prices are volatile. Consider your objectives and risk tolerance; seek independent advice where appropriate.

Frequently Asked Questions (FAQ)

  1. Do I need to complete KYC to trigger rewards?

    Yes. Both Referral Mode vouchers and Referral Pro commissions require successful identity verification.

  2. Why didn’t I receive my US $100 voucher?

    Common reasons:

    • Deposit < US $50 or made after 14 days

    • Deposit via internal transfer or unsupported method

    • Voucher already received once (limit 1) Binance

  3. Does holding more BNB increase commission on Futures?

    Yes. 500 BNB or more raises your Futures rate from 20 % to 30 %.

  4. Can businesses participate?

    Yes, via the Binance Affiliate Program, which unlocks up to 50 % commission plus performance bonuses.

  5. Is the referral reward taxable?

    Regulations vary by jurisdiction. Binance provides a CSV export for your records under Wallet > Transaction History.

  6. Do referral links expire?

    No, but specific campaign links (e.g., Gift-Box events) end when the promotion period finishes.

  7. Is there a referral program in restricted regions?

    Regional offerings differ. Always check local terms; some jurisdictions may disable referrals entirely due to regulation.

  8. Are trading-bot/API fees also discounted?

    Spot vouchers from Referral Mode are not applicable to API trades after 19 Sep 2024; Referral Pro rebates still apply. Binance

  9. Where can I read the full Terms & Conditions?

    See Support Center > Referral & Affiliates > Terms and Conditions for Binance Referral Program.