Fee Discounts for New Binance Users

What Fee Discounts Are Available for New Users

Binance offers multiple fee discounts and rewards for new users. If you haven't registered a Binance account yet or are considering signing up, knowing these offers can help you save money starting from your very first trade.

The main new-user benefits include: referral code fee rebates, newcomer task rewards, and periodic limited-time promotions.

Referral Code Rebates: The Most Important New-User Benefit

How Referral Rebates Work

Binance's referral system lets existing users invite new users to register. When a new user signs up with a referral code, a portion of every trading fee is automatically returned to them.

Rebate Percentages

The referrer can share a portion of their commission with the invitee. The current standard is:

• Referrers can earn up to 20% of the invitee's trading fees as commission.
• Referrers can choose to share up to 20% of that commission with the invitee.

In other words, registering with a referral code can get you up to a 20% rebate on trading fees.

Real-World Calculation

Assuming 500,000 USDT in monthly spot trading volume:

• Monthly fees (VIP 0): 500,000 × 0.1% = 500 USDT
• Referral rebate at 20%: 500 × 20% = 100 USDT
• Actual monthly fees: 400 USDT

Over a year, referral rebates alone save you 1,200 USDT.

How to Register with a Referral Code

1. Get a valid Binance referral code or referral link.
2. Open the Binance registration page.
3. Find the "Referral ID" field on the registration form.
4. Enter the referral code.
5. Complete the registration process.

Key Points

• Referral codes can only be entered during registration — they cannot be added or changed afterward.
• If you register without a referral code, you permanently miss out on referral rebates.
• Different referral codes may offer different rebate percentages — confirm before signing up.
• Rebates are typically paid in USDT or BNB to your spot account.

Newcomer Task Rewards

What Are Newcomer Tasks

Binance sets up a series of "newcomer tasks" for newly registered users. Completing them earns you cash vouchers, fee discount coupons, or trial funds.

Common Newcomer Tasks

1. Complete identity verification (KYC): Typically rewards 5–10 USDT equivalent in tokens or vouchers.
2. First deposit: Depositing a certain amount earns you fee discount coupons.
3. First trade: Completing your first spot or futures trade earns trial funds.
4. Learning tasks: Completing designated courses in Binance Academy earns small crypto rewards.

How to Find Newcomer Tasks

1. Register and log in to Binance.
2. Look for "Newcomer Tasks" or "Task Center" on the app home screen or web interface.
3. Browse available tasks and reward details.
4. Complete tasks as instructed and claim your rewards.

Things to Note

• Newcomer tasks usually have time limits — they must be completed within a certain number of days after registration.
• Reward amounts and types may change with different promotions.
• Some rewards may have usage conditions (e.g., trial funds may require trading before withdrawal).

Limited-Time Promotions

New User Exclusive Events

Binance frequently runs promotions exclusively for new users:

1. Registration bonus coupons: New users automatically receive fee discount coupons upon registration.
2. First deposit rewards: Deposit above a certain amount to earn bonus crypto.
3. Trading competitions: Trade specific pairs for a chance to win prizes.

How to Stay Informed

1. Check the Binance official announcements page.
2. Subscribe to Binance email notifications.
3. Follow Binance on social media.
4. Enable push notifications in the app.

BNB Fee Payment: Available to Everyone Immediately

Beyond the new-user exclusive offers, all users (including new ones) can immediately enable BNB fee payment:

• 25% discount on spot trading fees
• 10% discount on futures trading fees

New users should buy a small amount of BNB and enable the feature right after registration.

Complete New User Savings Guide

Follow these steps to maximize your new-user benefits:

Step 1: Register with a Referral Code

Enter a referral code during registration to secure trading fee rebates. This is a one-time opportunity — miss it and there's no going back.

Step 2: Complete KYC Verification

Complete identity verification as soon as possible. Beyond earning newcomer task rewards, it also unlocks higher trading and withdrawal limits.

Step 3: Complete Newcomer Tasks

Log in and check the newcomer task center. Complete each task to claim your rewards.

Step 4: Enable BNB Fee Payment

Buy a small amount of BNB and turn on "Use BNB to Pay Fees" in settings.

Step 5: Use Limit Orders

When trading, use limit orders whenever possible to enjoy the lower Maker fee rate.

Stacking All the Discounts

When all discounts are combined, a new user's effective rate can be very low:

The final effective rate can drop from 0.1% to around 0.06% — a 40% reduction.

Summary

Binance offers substantial benefits for new users, but many of them require action at registration time or shortly after. The most important one is registering with a referral code (irreversible if missed), followed by enabling BNB fee payment (available anytime). Every new user should follow the steps in this guide to lock in all available discounts from the very first trade.