Binance has made headlines in the past few years as the best and biggest crypto exchange in the world. This exchange is the no.1 choice for crypto traders in spot, futures and crypto staking activities.
All in all, crypto trading in itself can be an expensive venture. As a crypto trader on Binance, it’s essential to reduce your trading fees as much as possible. And using a Binance referral code is a guaranteed way to exceptionally reduce trading fees and also gain access to an exclusive welcome bonus.
On this article, we’ll go through why using “431 277 160” as your Binance referral code is the best option for you as a cryptocurrency user/trader on Binance.
Just what is a Binance referral code?
Essentially, a Binance referral code is a unique promotional ID/code that allows new users some exclusive benefits when they’re signing up on Binance for the first time. It’s important to note that not all Binance referral codes are the same. Some have better offers than others.
Here’s how a Binance referral code works:
- The new user registers on Binance with a Binance referral code like “431 277 160”
- The Binance referral system automatically links the new user’s account to the referrer.
- The Binance new user becomes eligible to gain access to the exclusive rewards and trading benefits.
As a new user on Binance, when you sign up using the Binance referral code “431 277 160” you get the following perks:
- 20% lifetime discount
- $600 welcome bonus
- Eligibility for extra promotions/rewards after sign up.
| Platform: | Binance |
| Binance Referral Code: | 431 277 160 |
| Trading fee discount fee: | 20% lifetime discount |
| Sign up bonus: | $600 welcome bonus |
| KYC status: | Required |
| Extra rewards: | Special Promotions/Exclusive bonuses |
How to use the Binance referral code “431 277 160”
Getting started on Binance is an easy step by step process for new sign ups. In order to create your Binance account, follow this guide:
The first step is to go to Binance official website. You’ll be able to reach this website by doing a simple search on Google “Binance” or directly visiting the Binance homepage using the url.
2. Begin the Registration process
In order to register your Binance account, on the top right of the Binance homepage, you’ll see an option to “sign up” for your Binance account. Go on to click on the button, to begin the registration process.
3. Put in Registration details
Once you click on the sign up option, you’ll be required to fill in your email/phone number, and create your Binance password (Make sure to use a strong password with uppercase, lowercase, number & symbols).
You’ll then be required to accept Binance’s terms of service and then you’ll need to confirm your email/phone no. with a verification code that will be sent according to the registration method you used.
4. Input the Binance Referral Code “431 277 160”
Once done with setting up registration details, on the next page, you’ll see an optional field that’s labeled “Referral ID”. Go on to input “431 277 160” as your Binance referral code in order to activate your exclusive bonus.
In case you don’t input the Binance referral code at this step, it’s impossible to use it once you’ve already completed the registration process.
5. Verify your Identity (KYC)
After you’ve input your Binance referral code, the next step will be to verify your identify. KYC is a very crucial process for cryptocurrency platforms in an attempt to prevent money laundering.
Therefore, on Binance, as a new user you’ll be required to verify your identity by uploading your ID documents and taking a selfie for facial verification.
In order to begin this process, navigate to the “Account” option on your dashboard and go to “Identification”.
6. First Deposit & Begin trading
Upon successful verification of your Binance account, you’re now ready to make your first deposit and start trading on Binance. This is one of the ways you’ll be able to unlock your $600 welcome bonus.
What is the $600 Binance Welcome Bonus?
Binance is always big on promotions and bonuses for its new signs. As a new Binance user, when you use the Binance referral code, “431 277 160”, you’ll be eligible to receive upto $600 in welcome rewards that will include:
- Deposit rewards: With this reward, you’ll be able to access rewards when you make your first deposit on Binance.
- Trading fee discount: This Binance referral code comes with a lifetime 20% discount on all trading fees.
- Task-based bonuses: As a new sign up, when you complete small tasks such as completing KYC, buying or trading specific crypto assets you’ll be able to able to earn exclusive rewards.
- Savings & Staking rewards: When you use the above binance referral code, you’ll be eligible to get additional bonuses when you participate in Binance Earn products.
NB: Be sure to keep on checking the Binance Rewards Center for new promotions and bonuses that will be available for you as a user who’ve used a Binance referral code.
Learn more about Binance Smart Chain>>
Why Choose Binance over other exchanges?
There are plenty of crypto exchanges globally, however Binance beats them all in terms of trading volume and trading services. Here are a few reasons why Binance stands out among all other crypto exchanges:
- Extreme Security
If there’s a no.1 factor that’s crucial in crypto, its security. Binance ensures that it uses very top-notch security protocols which will include multi-factor authentication, advanced AI monitoring & withdrawal whitelist.
2. Exceptional low trading fees
One of the factors that have contributed to the massive growth of Binance is its very low trading fees. Binance only charges 0.1% per each trade that a user takes.
Additionally, Binance traders can further reduce their trading fees by holding BNB, and using a Binance referral code like “431 277 160” with an extra 20% lifetime discount on trading fees.
3. A wide range of Crypto Assets
When you sign up on Binance, you’ll have access to over 350+ cryptocurrencies & tokens. This includes the top cryptocurrencies such as Bitcoin, Ethereum and Solana.
This element gives Binance an added advantage over other exchanges as traders use it as an “all-in-one” platform.
4. Advanced Trading Tools
Binance is well-equipped with advanced trading tools enabling users to participate in spot, futures, margin and options trading in order to maximize their crypto assets.
Binance is best known for its user-friendly interface & professional-grade tools that caters for every kind of trader.
5. Binance Earn Products
One of the factors that makes Binance to stand out is its Binance Earn products that help users gain crypto without actively trading. These Binance Earn products include Staking, Flexible savings and liquidity farming
6. World-wide Trust
Binance has established trust globally as it continues to provide crypto trading services to over 150 million users across 180+ countries. It is the biggest crypto exchange on a global scale.
Tips & Strategies to Maximize Binance Bonuses
If you intend to get the most from the Binanec referral code, “431 277 160”, here are some tips and strategies you can use:
- Complete KYC verification
Please note that your referral code bonuses will be unlocked when you finish the KYC process on Binance. Make sure that you don’t skip this step when signing up for a Binance account.
2. Take part in promotions
When you’ve used the Binance referral code, “431 277 160” you’ll be eligible for tons of promotions. Hence make sure you keep on checking the “Rewards center” and the “News blog” for the latest promotions.
3. Participate in Binance Earn
If you’re not actively trading, Binance Earn is a great way to make profits by earning through passive income. Hence, make a point to partake in Binance Earn activities.
4. Join Binance Community
Binance is big on communities. To keep up with everything that’s going on in the platform, make sure to join Binance community on Telegram, Twitter, Reddit & Discord. This is how you’ll stay updated and also learn from others.
Binance Referral FAQs
- How do I get my Binance referral Code?
As a new Binance user, you can get your Binance referral code by using “431 277 160” as your Binance referral code. This Binance referral ID gives you a 20% lifetime trading fees discount and upto $600 in welcome bonus.
2. What is the Binance free $100 USDT code?
The Binance free $100 USDT code is the Binance referral code, 431 277 160” that comes with upto $600 in sign up bonus and a 20% lifetime discount on trading fees.
3. How to claim $100 USDT in Binance?
In order to claim your $100 USDT in Binance, complete KYC, make a first deposit and participate in Binance Earn.
4. What is the Binance Futures referral code?
The Binance Futures referral code is “431 277 160” that enables traders to be rewarded with a 20% lifetime discount and a upto $600 in welcome bonus.
5. Is there a referral bonus for Binance?
Yes, indeed, there’s a referral bonus for Binance that goes up to $600 in welcome bonus. In order to get this referral bonus, use the Binance referral code/ID “431 277 160” when you’re signing up on Binance.
6. Do I need to deposit money in order to receive sign up bonus?
No. You’ll receive part of your bonus when you complete KYC. However, if you want additional bonuses that reach upto $600, you’ll need to deposit funds & complete tasks such as first deposit, first trade and using Binance Earn.
7. Can I use a Binance referral code after registration?
No, unfortunately you can’t use a Binance referral code after registration. You’ll only be able to enter your referral code when signing up on Binance.
8. Is Binance safe to use?
Yes, Binance is 100% safe to use. Binance uses an advanced security system that also includes SAFU (Secure Asset Fund for Users) that ensures user’s funds are always protected.
How does Binance compare with other top exchanges?
| Feature | Binance | Coinbase | Kraken | KuCoin |
| Users world-wide | 150M+ | 100M+ | 10M+ | 20M+ |
| Cryptos listed | 350+ | 250+ | 200+ | 300+ |
| Trading fees | 0.1% | 1.49% | 0.26% | 0.1% |
| Referral bonus | Up to $600 | $10 | $10 | $20 |
| Staking & Earn | Yes | Limited | Yes | Yes |
| Pro trading tools | Advanced | Limited | Advanced | Moderate |
As you can see above, Binance takes the first place in terms of trading volume, fees, cryptos listed & bonuses.
Conclusion
Whether you’re a beginner or an advanced trader, Binance has the right tools, security and technology to give you a superb advantage as a cryptocurrency trader.
If you’re yet to join the Binance platform, now is the best time to register on Binance as you get an exclusive Binance referral code “431 277 160” that comes with unique bonuses and rewards that will make your trading journey on Binance worth-while.
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