Question 1

What is the BinanceBonus Binance referral code?

Accepted Answer

Our referral code is BTG20. Registering on Binance with code BTG20 (or via our referral link) gives you 20% Trade Fee Cashback on both Spot and Futures trading, subject to Binance's current campaign terms. High-volume traders may be eligible for additional rewards — email us with your Binance UID and trading details to check eligibility.

Question 2

What is a Binance referral code?

Accepted Answer

A referral code is a unique identifier that connects your new Binance account to the person or page that shared it with you. Signing up with a code can unlock referral-linked promotions Binance is running at the time, such as trading fee rebates or reward-pool campaigns. Offers change often, so always confirm current terms on Binance's own promotions page before assuming a specific reward applies.

Question 3

How do I use a Binance referral code?

Accepted Answer

During sign-up, Binance usually pre-fills the referral code automatically if you use a referral link. If you're entering it manually, look for a 'Referral ID' or 'Referral Code' field in the registration form or in your account's referral settings after signing up, and enter the code exactly as shown.

Question 4

Is it too late to add a referral code after registering?

Accepted Answer

Binance generally only applies referral codes at the point of account creation. If you've already registered without one, you typically cannot retroactively attach a code to that same account. Check Binance's official help center for the most current policy, since this can change.

Question 5

Does using a referral link cost me anything extra?

Accepted Answer

No. Using a referral link or code does not add any extra cost to your trades or deposits. It simply links your account to the referral program, which may make you eligible for certain promotions Binance runs from time to time.

Question 6

Are referral rewards guaranteed?

Accepted Answer

No reward is guaranteed. Binance designs, changes, and retires promotional campaigns at its own discretion, and eligibility often depends on region, verification level, and campaign-specific rules. Always read the official terms of the current campaign on Binance's site before expecting a specific bonus.

Question 7

Is this website officially affiliated with Binance?

Accepted Answer

No. This is an independent, unofficial informational website. We are not owned by, operated by, or officially affiliated with Binance. We participate in Binance's public referral program and earn a commission when readers sign up and trade using our link, at no extra cost to them.

Question 8

What documents do I need to open a Binance account?

Accepted Answer

For basic sign-up you typically only need an email address or phone number. To unlock full features (higher withdrawal limits, fiat deposits, etc.) Binance requires identity verification, which usually means a government-issued photo ID and a selfie for liveness checks.

Question 9

How long does identity verification take?

Accepted Answer

Automated verification is often completed within minutes, though it can take longer during high-traffic periods or if manual review is required. Times vary by region and the documents provided.

Question 10

Can I use Binance if I'm a complete beginner?

Accepted Answer

Yes. Binance offers a simplified 'Convert' interface for beginners alongside its advanced trading tools, so you can start with straightforward buy/sell actions and move to more advanced order types as you learn.

Question 11

What is the minimum amount I can deposit?

Accepted Answer

Minimums vary by payment method, currency, and region. Card and bank transfer minimums are usually low (often the equivalent of a few dollars), while crypto deposits depend on network minimums. Check the deposit screen for the exact current minimum for your chosen method.

Question 12

What is spot trading?

Accepted Answer

Spot trading means buying or selling a cryptocurrency for immediate settlement at the current market price. You own the underlying asset outright, as opposed to trading a derivative contract.

Question 13

What is futures trading and is it risky?

Accepted Answer

Futures let you trade contracts that track an asset's price, often with leverage, meaning both gains and losses are amplified. Futures trading carries significantly higher risk than spot trading and is generally recommended only for experienced traders who understand liquidation risk.

Question 14

What is P2P trading on Binance?

Accepted Answer

Peer-to-peer (P2P) trading lets users buy and sell crypto directly with one another using local payment methods, with Binance providing an escrow service to help secure the trade.

Question 15

What is staking?

Accepted Answer

Staking involves locking up certain cryptocurrencies to support a blockchain network's operations in exchange for rewards, similar in spirit to earning interest. Reward rates and lock-up terms vary by asset and product.

Question 16

What is the difference between a market order and a limit order?

Accepted Answer

A market order executes immediately at the best available current price. A limit order only executes when the market reaches a price you specify, giving you more control over your entry or exit price but no guarantee of execution.

Question 17

Can I set up recurring crypto purchases?

Accepted Answer

Yes. Binance offers recurring buy tools that let you automatically purchase a fixed amount of a chosen cryptocurrency on a set schedule, a strategy often called dollar-cost averaging.

Question 18

How much does Binance charge in trading fees?

Accepted Answer

Standard spot trading fees are typically a small percentage per trade, with discounts available for higher trading volume or for paying fees using Binance's native token. Exact current rates are published on Binance's official fee schedule, since they can change.

Question 19

Are there deposit or withdrawal fees?

Accepted Answer

Crypto deposits are usually free, while withdrawals typically carry a small network fee that varies by asset and blockchain congestion. Fiat deposit and withdrawal fees depend on the payment method and region.

Question 20

Can referral codes reduce my trading fees?

Accepted Answer

Some referral campaigns include fee rebates or cashback as part of the promotion. Whether this applies depends on the specific, currently active campaign — check the official terms linked from your referral sign-up page.

Question 21

Is Binance safe to use?

Accepted Answer

Binance is one of the largest cryptocurrency exchanges by trading volume and offers a range of security features including two-factor authentication, withdrawal address whitelisting, and anti-phishing codes. That said, no exchange is risk-free — cryptocurrency trading carries market, custodial, and technical risks, so only invest what you can afford to lose and follow strong personal security practices.

Question 22

How do I secure my Binance account?

Accepted Answer

Enable two-factor authentication (preferably an authenticator app rather than SMS), set a unique strong password, turn on withdrawal address whitelisting, set an anti-phishing code, and never share your login credentials, verification codes, or seed phrases with anyone.

Question 23

What should I do if I suspect phishing?

Accepted Answer

Never click links from unsolicited messages claiming to be Binance. Always type binance.com directly into your browser or use the official app. Report suspicious messages to Binance support and never enter your credentials or 2FA codes on an unfamiliar page.

Question 24

Does Binance offer a mobile app?

Accepted Answer

Yes, Binance has official iOS and Android apps that mirror most of the functionality of the web platform, including trading, earning products, and account security settings.

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