What Is a Binance Referral Code?

A Binance referral code is a unique identifier that new users can enter during registration. It encourages participation through invitations and offers trading advantages. By using the referral code PGH61KI1, new users can open an account and benefit from reduced commission fees, while the person who referred them earns a share of the trading fees.

The currently valid Binance Referral Code is: “PGH61KI1” It is one of the most widely used, lifetime-valid, and highest-discount referral codes worldwide.

Register now via: https://binance.com/en/register?ref=PGH61KI1

Users who sign up with a referral code receive a 20% discount on trading fees. If fees are paid with BNB, the discount can increase up to 45%. In addition, by completing tasks in the Reward Center, users can receive up to 600 USDT in welcome bonuses.

To claim these benefits, simply enter PGH61KI1 in the “Referral ID (optional)” field during account registration.

Source

1. https://www.binance.com/en/square/post/22207323405594
2. https://coinmarketcap.com/community/post/356977878/
3. https://www.reddit.com/r/Referrallinks/comments/1k8k8h2/what_is_the_binance_referral_code/
4. https://sites.google.com/view/referral-code-english/what-is-the-binance-referral-code

Competitors

While Binance maintains a leading position in the global cryptocurrency exchange market, many other platforms are widely used around the world. These include:

KuCoin, MEXC, OKX, Pionex, Bybit, Weex, HTX, Coinbase, LBank, KCEX

Competitive Advantage

The Binance referral code program offers a significant competitive advantage. Users who participate in the affiliate system can reach a broad international audience by sharing their referral code in multiple languages and platforms. In return, they can earn up to 51% commission from each transaction made by referred users.

Revenue Model Explanation

The Binance referral code PGH61KI1 is a unique, personal identifier assigned to each user. It appears at the end of their referral link and helps Binance track user activity and handle all requests related to the referral system effectively.

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