As of September 2021, the value of the cryptocurrency market was approximately $2 trillion. With the announcement that many large companies will invest in BTC, the value of the market is increasing day by day. The most reliable exchange where you can buy Bitcoin and altcoins is Binance. Binance has reached over 100 million users with its useful mobile application, the abundance of coins you can invest in, and the high-level security measures. You can now invest in cryptocurrencies with Binance. How to register Binance? Earn commission discount!
What is the Binance Referral Link Benefit?
A commission fee is charged for buying and selling on every crypto coin exchange. Binance is the exchange with the least commissions. As of 2021, a commission of 0.10% (1 per thousand) is charged for buying and selling coins on Binance. However, if you become a member from the referral link, you will pay 20% less commission.
Binance 20% referral code: Y53Z2GAZ
Many of the referral links shared on the internet do not provide commission discounts. Therefore, you should definitely see the warning “Your commission discount rate is 20%” on the link you click. The highest commission discount that can be shared is 20 percent.
Pay +25% Less Commission By Buying BNB Coins
The first thing you should do after becoming a member of Binance is to buy BNB coins. The reason is that you benefit from +25% less commission discount on BNB coin purchases. Now let’s see what kind of profit you will get if you become a member with a referenced link with a few examples. Let’s say you deposit 1000 USD into your Binance account. You made a total of 100 purchases and 100 sales transactions in 1 month. In this case, you create 200 different transactions and a total transaction volume of 200,000 USD;
- If you become a member with a referral-free link, you will pay a commission of 1 per thousand, that is, a commission of 200 USD.
- If you become a member with a 20% referral link, you will pay a commission of 160 USD.
- If you become a member with a 20% referral link and buy BNB coins, you will pay a total of 120 USD commission by taking advantage of an additional 25% discount to the 20% commission discount.
Even if you invest with small amounts, you may have to pay a serious commission because there are too many buy-sell transactions.