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Binance Referral Code UPUVPIW5 - How to Get a Fee Discount

· About 11 min read · CoinPath Editorial Team

What Is a Binance Referral Code

A Binance referral code is a unique identifier that connects new users with the person who referred them. When you enter a referral code during registration, both you and the referrer receive benefits. For you as the new user, the primary benefit is a permanent discount on all your trading fees for the lifetime of your account.

The referral code UPUVPIW5 provides a trading fee discount that applies to every spot and futures trade you make on Binance. This discount is applied automatically and permanently to your account once the code is registered.

How to Use the Referral Code

Method One: Direct Registration Link

The simplest way to apply the referral code is to register through this official registration link. The code is pre-filled in the registration form, ensuring it is applied correctly without any manual entry.

Method Two: Manual Entry During Registration

If you prefer to navigate to Binance directly, you can enter the code manually. During the registration process, after entering your email or phone number and setting a password, you will see a field labeled "Referral ID" or "Invite Code." Enter UPUVPIW5 in this field before completing registration.

Important: Code Must Be Entered During Registration

The referral code can only be applied during the initial account creation process. Once you complete registration without a code, or with a different code, it cannot be changed or added later. Make sure you have the code entered before clicking the final registration button.

What Discount Do You Get

When you register with referral code UPUVPIW5, you receive a percentage kickback on all trading fees you pay. This means that every time you complete a trade on Binance, a portion of the trading fee is returned to your account.

The discount applies to all spot trading, all futures trading, and all margin trading. It is calculated and applied automatically without any action required on your part after registration.

How the Discount Stacks with Other Savings

The referral discount is one of several fee reduction mechanisms available on Binance, and they all work together.

BNB fee deduction provides a 25 percent discount on spot trading fees when you use BNB to pay. This is applied on top of the referral discount.

VIP level discounts provide progressively lower base fee rates as your trading volume or BNB holdings increase. The referral kickback is calculated on the fee you actually pay after VIP discounts.

Maker order discounts on futures trading provide lower rates than taker orders. The referral benefits apply regardless of whether your orders are maker or taker.

How the Referral System Works

For the Referred User (You)

You receive a permanent fee discount on every trade. No minimum trading volume or holding requirement. The discount starts from your very first trade and never expires.

For the Referrer

The person whose code you use receives a commission, which is a percentage of the trading fees you generate. This commission comes from Binance's share, not from your funds, so using a referral code never costs you anything. It only saves you money.

Generating Your Own Referral Code

Once you have a Binance account, you can create your own referral links and invite others. For each person who registers using your link, you earn a commission on their trading fees. You can customize the commission split between yourself and the referred user, choosing to give your referrals a larger discount to incentivize signups.

Verifying Your Referral Code Was Applied

After registration, you can verify that the referral code was applied by checking your account settings. Navigate to the Referral section of your account dashboard. If the code was applied correctly, you will see the referral relationship listed along with any earned rebates.

Common Questions

Can I use a referral code on an existing account? No. Referral codes can only be applied during the initial registration. If you already have an account without a code, you would need to create a new account with a different email to apply one.

Does the discount ever expire? No. The referral discount is permanent for the lifetime of your account.

Is there a cost to using a referral code? No. Using a referral code only provides benefits. There are no fees, obligations, or downsides.

What if I forgot to enter a code? Unfortunately, the code cannot be added after registration. If the fee discount is important to you and you have not yet made any deposits or trades, you may consider creating a new account with a different email.

Download the Binance App to get started after registering. CoinPath recommends always using a referral code when creating a new Binance account, as it provides free, permanent savings on every trade you will ever make.

CP
CoinPath Editorial Team
Focused on cryptocurrency trading education and practical tutorials
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