*This post may contain affiliate links that help keep the lights on, find more info in our full disclaimer.
BEST OFFER AVAILABLE • Binance.US Referral Code 2021 • US ONLY
Binance.US Referral Code
Use Binance.US referral code 53604714 and get up to 40% in trading fee kickbacks when you share your code. If you are looking for an additional 25% off than BNB can be used to reduce your trading fees as well!
That equates to you being able to bring your trading fees down from 0.100% to 0.075% while holding Binance Coin (BNB) and enabling the option to reduce your trading fees with it.
In this article, we will show you how to earn and save the maximum possible amount on Binance.US. If you don’t already have an account, use our referral code link to get the signup process started.
|Binance.US Referral Code||53604714|
|Binance.US Referral Code Savings||25% with BNB|
|Binance.US Referral Code Commission||Up to 40%|
|Referral Code Last Verified||September 21, 2021|
Binance.US Referral Code Details
Register on Binance.US with referral code 53604714 and you’ll be able to earn up to 40% commission, save 25% on fees with BNB, and save even more with the volume-based “VIP” discount, we will cover this aspect more later in the article.
Those total savings will reduce the already competitive 0.1% Maker / 0.1% Taker fees to highly competitive rates.
The Binance.US referral bonus works like this:
- Share your own referral code for a 20% kickback on trading fees to anyone who signs up using it, you can also bump this to 40% by holding 500 BNB or more.
- You’ll save 25% on fees when you use Binance Coin (BNB) to trade. You must make sure the “Use BNB to pay for fees ( 25% discount )” toggle switch is on and have BNB in your account for this to work.
- Lastly, you are able to save even more when you trade volume, volume is tallied over a 30-day trailing period (don’t worry, more on this later).
Binance.US is Binance (global), but for US customers. It has many of the same cryptocurrencies as Binance’s global exchange but lacks features such as margin trading to ensure compliance with the US market. If you are from the US and want to use Binance, you will have to use Binance.US.
How To Signup To Binance.US
The following section will walk you through signing up for Binance.US and applying our referral code.
Time Needed: ~20 minutes
Information Required for Signing Up: A Phone Number, email address, Government issued ID, and Proof-of-address.
- Sign-up for Binance.US and Apply the Referral Code.
Start the sign up process by using our Binance.US referral link. You’ll see that the code is automatically applied after clicking it, you can also type the code 53604714 within the Referral ID field.
- Complete the Identity Verification Process.
Next, go to your account in the top right corner under the icon representing a person’s outline and complete the “identity verification” process. You’ll need to KYC up to level 2, which will require you to prove your address to create a referral code and have full capabilities.
- Create your Referral Code.
Find your invite link and QR code by clicking the “refer” option at the top of the screen. Make sure to hold 500 BNB or more to get the full 40% commission.
Keep in mind you’ll need to do KYC to be able to share your Binance.US referral code. In order to do the advanced verification KYC, you’ll need a piece of valid ID, and proof of your address (for example, a bank statement).
How The Binance.US Referral Program Works
The Binance.US referral program rewards referrers for sharing their code. That can only happen after you complete the advanced verification application and are accepted. You will then automatically be able to participate in the Binance US referral program. From there, anyone can share their code and earn 20%. However, in order to reach the total 40% discount, you must hold at least 500 BNB in your account.
With that in mind, Binance.US does not offer a discount for users via their referral code. So while the payouts to referrers are generous, the lack of discount for users is lackluster compared to the global exchange. Luckily, users can still save a good amount of money via the “pay with BNB discount” functionality and volume-based discount.
Binance’s own cryptocurrency token Binance Coin (BNB) “powers the Binance ecosystem”. BNB’s use cases include but are not limited to:
- Lowering trading fees on Binance.US
- Boosting referral commission
- Paying transaction costs on Binance Smart Chain
Binance.US Referral Program Commission Structure
Binance.US pays out 20% per invitee or 40% if you hold 500 BNB or more. To get the increased earnings you’ll need to hold an average balance of 500 BNB in your account for 30 days. See the Binance.US commission structure table below for details.
|BNB Amount||Referral Rate|
|Less than 500 BNB||20%|
|500 BNB or more||40%|
Remember, if use BNB to trade you will save 25% on your own trading fees too. Invitees save and referrers save as well with the Binance Referral Program! Learn more about the referral program on Binance’s Referral Program Details page.
Binance.Us Referral Program Rules
The following are the most important rules to consider about the Binance.Us referral program:
- Only spot trading transactions count.,
- To qualify for the full referral rate, you must have an average of 500 BNB over a 30 day period.
- You cannot self invite.
- Binance may adjust the proportion of referrals at any point and reserves the right to adjust the rules of the referral program.
Binance.Us Referral Program Review
We are huge fans of Binance in general, and we absolutely love to see the generous commission and rewards make their way over to Binance.US. With that said, while we gave Binance Global a perfect rating (despite that hefty 500 BNB requirement), we ultimately aren’t as impressed with Binance.US.
The biggest glaring issue with Binance.US is that its referral program offers users absolutely nothing. That means there is no incentive to use a referral code. What is even more confusing is that it shows the user they get a 0% kickback, which could be seen as implying a kickback to the user is possible (it isn’t). The only kickback possible is the one to the referrer! This is a drastic departure from the global exchange which offers up to 20% off trading fees for life to the user!
With that said, with lows fees and an expansive collection of coins, we honestly love Binance.US in general as an exchange. It is with all this in mind that we give Binance.US a 4-out-of-5 star rating. They pretty much get a solid 5 in terms of their exchange, but a 3 in terms of their referral program, which we will round to 4.
Binance is one of the most popular and liquid crypto exchanges in the world. Unfortunately, US citizens haven’t been able to trade there since 2019. Luckily, however, US citizens in most states can still use Binance due to its US exchange called Binance.US.
Binance.US was formed in 2019 by Binance and BAM Trading Services, Inc., and gives US-based investors access to a crypto trading platform that supports over 50 cryptocurrencies.
While Binance.US doesn’t have the same liquidity or selection as Binance, it has a large selection of alts, all the top coins, and the Binance brand behind it. They even have options for buying crypto with US dollars. Put it all together, and you have a solid pick for a primary exchange that rivals other obvious choices like Coinbase and FTX.
Binance.US ranks in the top 10 spot exchanges in terms of liquidity. That means the major pairs on Binance.US like BTC/USD, BNB/USD, and ETH/USD are going to have all the liquidity you need to trade. With that said, you shouldn’t expect the same level of liquidity on the books as you’ll find with Binance. Also, if you are going to trade altcoins with lower market caps and low liquidity, you’ll want to take the usual amount of caution before placing large market orders.
Binance.US Volume-based Discount and VIP Program
Binance.US has a fee structure that makes it competitive in the US market starting at 0.1000% / 0.1000% Maker / Taker fees for spot and 0.500% for instant trades. This is only a fraction of Coinbase’s fees and is notably lower than most competitors. Those fees of course get even cheaper when you trade with BNB and/or when you trade volume.
Speaking of trading volume, the more you trade the more you save with Binance.US. As you trade you’ll raise your VIP level and lower your fees!
Check out the table below to see how the volume-based VIP discount and trading with BNB can lower fees.
|Level||30d Trade Volume (USD)||&||BNB Balance||Maker / Taker||Maker / Taker BNB 25% Off|
|VIP 0||< 50,000.00 USD||or||≥ 0 BNB||0.1000% / 0.1000%||0.0750% / 0.0750%|
|VIP 1||≥ 50,000.00 USD||&||≥ 50 BNB||0.0900% / 0.0900%||0.0675% / 0.0675%|
|VIP 2||≥ 100,000.00 USD||&||≥ 100 BNB||0.0800% / 0.0900%||0.0600% / 0.0675%|
|VIP 3||≥ 500,000.00 USD||&||≥ 200 BNB||0.0700% / 0.0800%||0.0525% / 0.0600%|
|VIP 4||≥ 1,000,000.00 USD||&||≥ 400 BNB||0.0500% / 0.0700%||0.0375% / 0.0525%|
|VIP 5||≥ 5,000,000.00 USD||&||≥ 800 BNB||0.0400% / 0.0600%||0.0300% / 0.0450%|
|VIP 6||≥ 10,000,000.00 USD||&||≥ 1500 BNB||0.0000% / 0.0600%||0.0000% / 0.0450%|
|VIP 7||≥ 25,000,000.00 USD||&||≥ 2500 BNB||0.0000% / 0.0500%||0.0000% / 0.0375%|
|VIP 8||≥ 100,000,000.00 USD||&||≥ 4000 BNB||0.0000% / 0.0400%||0.0000% / 0.0300%|
|VIP 9||≥ 250,000,000.00 USD||&||≥ 6000 BNB||0.0000% / 0.0300%||0.0000% / 0.0225%|
|VIP 10||≥ 500,000,000.00 USD||&||≥ 6000 BNB||0.0000% / 0.0200%||0.0000% / 0.0150%|
Binance.Us Order Types
Binance.US offers the following order types:
- Trailing Stop
They don’t offer the same selection of order types as Binance’s global counterpart. For example, Binance.US does not offer OCO orders. While this is a letdown, it isn’t uncommon to see in US crypto exchange, and they still offer all the basics needed to trade. For more info, check out a guide on how to trade on Binance.us.
Binance.US Coin and Product Selection
Binance.US doesn’t have the coin or product selection of Binance Global, however, with over 50 coins and 100 base pairs, they nonetheless have more selection than most US-based exchanges. Their limited selection is no surprise however since the selection is one of the main things requiring a separate US exchange (as the US has stricter rules on what might be considered a security than much of the world).
Despite the limitations, Binance.Us still has a solid selection of coins to choose from. These include all the staples like Bitcoin and Ethereum, and importantly also BNB (which is not found on other US-based exchanges).
Binance.US Supported States
Binance.US supports most of the US, but there are some notable exclusions. As of August 2021, Binance.US does not support the following states:
- New York
Binance US Withdrawal and Deposit
Although you can deposit via a bank account or debit card, the main method of deposit and withdrawal for Binance.US is ACH, otherwise known as bank deposits and withdrawals.
- Log in to Binance.US.
- Click Wallet and then Deposit.
- Select USD from the dropdown menu.
- Enter the deposit amount, choose the ACH account that you wish to deposit from, then click Continue.
- Verify the information and click Confirm.
Please carefully read the following notes from Binance.US, “Ensure that the deposit does not leave your ACH account with a balance of less than 10% of the deposit amount. This is a requirement from our payment provider to deter overdrafts. Failure to meet this requirement could result in our payment provider denying the deposit. Example: If you deposit $100.00, your ACH account must have a balance of at least $110.00 or higher. You cannot withdraw the equivalent amount in Fiat and Crypto of your ACH deposit for 10 days. You may refer to your deposit and withdrawal history for more information.
- Log in to your Binance.US account.
- Click Wallet and then Withdraw.
- Select USD from the dropdown menu.
- Enter the withdrawal amount, select ACH as the payment method type, click Continue, then confirm your transaction.
- Proceed to your email and locate the disbursement verification. You’ll receive an email sent by Prime Trust at firstname.lastname@example.org.
- Press the Confirm Disbursement button to continue.
- Click the Confirm & Verify button to proceed with the withdrawal. If you don’t confirm your withdrawl within 24 hours, it will not go through!
Using Binance Chain in the US
As a US citizen, you only have one real way to access Binance Chain. First, you have to get BNB. The only way to get BNB in the US is through Binance.US. This makes Binance.US vital for anyone who wants to use Binance Chain.
Here is a quick rundown of how to go from Binance.US to using Binance Smart Chain (these steps will work on Android and Windows Devices (here is a workaround for iOS TrustWallet as well).
- 1. Buy BNB on Binance.US
- After you create your Binance.US account and deposit funds, buy BNB.
- 2. Send BNB to Trust Wallet
- Send BNB to your BNB wallet on Trust Wallet. Make sure to send it to the address that starts with “bnb” not “0x”.
- 3. Swap BNB for Binance Smart Chain BNB using Trust Wallet
- Swap from BNB to BNB Binance Smart Chain BNB. This is BNB on the Smart Chain and you’ll need it to actually use Binance Smart Chain.
- 4. Use Trust Wallet to interact with Binance Chain Smart Apps
- From here you can use apps like Pancakeswap directly through Trust Wallet.
Binance.US Referral Program Summary
We really love the Binance brand and fully expect BNB to remain a top coin in the future, especially with the clear benefits from Binance Chain. It is great to have Binance.US as an option, and it’s an exchange we use ourselves use so we can easily recommend this one. On the downside, it is hard to promote with the lack of discount we can offer our users. In order to make the most of your savings, using BNB and the volume-based discount will be essential. Still, you’ll likely need this as a US crypto trader, and because of the brand name and reputation of its global counterpart, we strongly recommend signing up.
Common Questions and FAQs
VIP levels are ranks gained from trading volume and holding BNB. The more you trade and hold, the lower your fees get.
Maker refers to limit orders and taker to market orders. You are making the books as a Maker and taking liquidity off the books with Taker. In general, Taker fees will be higher. This incentivizes traders to create liquidity with limit orders rather than take liquidity.
Binance US does not have margin trading. The only US exchanges that allow margin trading are Kraken and FTX US.
You can track your earnings on the ‘referral’ page. You’ll see the total value earned.
You won’t be able to see your Binance.US referral code until after you pass advanced verification! Starting the process isn’t enough; you have to be accepted.
Only personal accounts can join the referral program. If you have a business account, try contacting Binance.US about affiliate options.
Yes, Dogecoin and Shibu Inu are both listed on Binance.US and can be purchased with fiat.
Yes. If someone signs up but doesn’t have access, you’ll still get your commission if and when the state goes live.
No. %-based commission started in March of 2020. People you signed up before then don’t count.
Your commission is capped at 40%, even with the BNB holding requirement met.
BUSD is Binance’s stable coin. You can cash out to BUSD instead of USD or USDT if you want to remain in a stable currency.
You can get BNB on Binance.US, but to use Binance Chain, you need BNB Smart Token (BSC). You can use Trust Wallet to convert BNB to BNB Smart Chain and then use Binance Chain from there.