How to Create an Account on Binance With Referral Code BESTCODE20
TL;DR
Creating a Binance account involves choosing a registration method, confirming your email address or phone number, applying an eligible referral code and completing identity verification. BESTCODE20 is a referral code associated with Spot trading fee rebate offers of up to 20%, subject to the benefits displayed during signup. Binance also provides an additional BNB payment discount of up to 25% on eligible Spot trading commissions and up to 10% on certain Futures fees. Selected affiliate promotions advertise welcome rewards worth up to $19,800, but eligibility depends on the specific invitation and required tasks. Before depositing cryptocurrency, activate two-factor authentication, review regional restrictions and verify the referral benefits shown on your account.
Why Create a Binance Account?
Binance is a cryptocurrency trading platform offering access to digital assets and related financial services in supported jurisdictions.
Depending on local availability, users can access cryptocurrency purchases, Spot trading, asset conversions, market information and additional exchange products.
For beginners, opening an account is the starting point for understanding how cryptocurrency exchanges operate.
An account provides access to trading interfaces, wallet balances, transaction history and security settings.
However, registering does not mean users must immediately purchase cryptocurrency.
A more careful approach is to become familiar with the platform, review its fee schedule and understand how digital asset transfers work before committing funds.
Because Binance operates under different regulatory requirements across jurisdictions, service availability and verification requirements can vary.
What Is Binance Referral Code BESTCODE20?
BESTCODE20 is a referral identifier intended for eligible Binance registration offers.
A referral code connects a qualifying new account to a particular invitation arrangement.
Some invitations may provide trading commission rebates, while other promotions may focus on rewards or special campaigns.
For qualifying Spot referral offers, rebates of up to 20% may be available.
The actual percentage depends on the invitation and must be verified during registration.
Using a code does not guarantee profits, prevent trading losses or override account restrictions.
It also does not guarantee participation in every Binance welcome campaign.
Where to Find the Binance Registration Links
The following addresses can be used to review Binance account registration and affiliate promotional information.
Binance referral code BESTCODE20 registration URL:
https://www.binance.com/en/register?ref=BESTCODE20
Binance affiliate event page:
https://www.binance.com/events/referral-code-cryptofee20
The event page is associated with a separate promotional invitation. Its rewards and trading fee terms should not automatically be attributed to BESTCODE20.
Always confirm that the expected code appears in the registration interface before completing signup.
How to Create Your Binance Account Step by Step
Step 1: Open the Official Binance Website
Begin with the official Binance website or mobile application.
Avoid clicking suspicious advertisements or messages claiming to offer guaranteed cryptocurrency profits.
Check the website address carefully before entering personal information.
Step 2: Choose Your Registration Method
Binance supports several account creation methods in eligible regions.
These may include an email address, mobile phone number or supported third-party account sign-in.
Select the method you prefer and confirm that you have reliable access to the relevant email inbox or phone number.
Using an address or number that you control is important for account recovery and security notifications.
Step 3: Review the Terms and Privacy Information
Before completing the registration form, read the applicable Terms of Service and Privacy Policy.
These documents explain the general conditions governing account access, personal data and supported services.
Account restrictions may depend on where you live and which Binance entity provides services in your jurisdiction.
Step 4: Confirm Your Contact Information
Binance may send a verification code to your email address or phone number.
Enter the code in the official registration interface.
Never give this code to anyone claiming to represent customer support.
Authentication codes are intended to confirm your control of the registration method.
Step 5: Create a Secure Password
Use a unique password that is not shared with your email account or other financial platforms.
A strong password should be difficult to guess and should not include personal details.
Consider using a reputable password manager.
Step 6: Verify the Referral Code
If you followed a qualifying referral link, Binance may automatically populate the invitation field.
Check whether the intended referral identifier appears correctly.
Review the associated benefits and any restrictions.
If the code is invalid or the expected benefits do not appear, resolve the issue before finalizing registration.
Step 7: Complete Account Creation
Follow the remaining on-screen instructions.
Once the account has been created, proceed to the identity verification and security settings.
Do not assume that registration alone unlocks all trading functions.
How to Complete Binance Identity Verification (KYC)
Identity verification is an important part of opening a regulated cryptocurrency exchange account.
Binance may require users to provide personal information and identification documents before accessing certain products.
The process generally begins in the account verification section.
Users may need to enter their legal name, date of birth and country of residence.
Depending on the jurisdiction, Binance may request a passport, national identity card or another supported identification document.
Facial verification or additional supporting information may also be required.
Submit only authentic information and use the official platform.
Verification processing times can vary.
Common KYC Problems
An application may require additional review if an uploaded document is unclear, expired or inconsistent with the submitted information.
Poor lighting, reflections, incomplete images or unsupported documents can also cause delays.
If verification fails, review the explanation and follow the official instructions.
Do not attempt to bypass verification by creating duplicate accounts or using another person's identity.
How to Secure Your Binance Account After Registration
Account security deserves attention before the first deposit.
Two-factor authentication adds another verification requirement beyond the password.
Depending on the available options, Binance may support authenticator applications, passkeys or other authentication methods.
Users should also activate anti-phishing protections where supported.
An anti-phishing code helps identify certain legitimate Binance communications.
Review your account's device management section and remove unfamiliar sessions.
Avoid sharing login credentials, authentication codes or recovery information.
For withdrawals, address management and additional confirmation features can provide further protection.
Understanding Binance Spot Trading Fees
Binance Spot trading typically follows a maker-and-taker commission model.
A maker order adds liquidity to the order book.
A taker order removes existing liquidity.
The applicable commission depends on the account's fee tier, trading pair and promotional conditions.
For illustration, consider a standard Spot trading fee of 0.10%.
Trading AmountIllustrative Fee
$500$0.50
$1,000$1.00
$5,000$5.00
$10,000$10.00
$25,000$25.00
These amounts are examples rather than guaranteed fees for every Binance account.
Users can check current rates on the official fee page:
https://www.binance.com/en/fee/trading
How Referral Rebates May Reduce Spot Commissions
Suppose an eligible Spot transaction produces a trading commission of $10.
If the account qualifies for a 20% referral rebate, the illustrative rebate would equal $2.
The effective fee would be $8 after accounting for the rebate.
However, the actual arrangement may involve specific eligibility conditions, rebate distribution schedules or product exclusions.
A referral rebate is also different from a discount applied immediately during execution.
Users should review the program terms to understand when the benefit is calculated and distributed.
How to Use BNB for Additional Binance Trading Fee Savings
BNB is Binance's ecosystem token and can be used to pay eligible trading commissions.
One important feature is the BNB fee payment deduction.
For qualifying Spot transactions, Binance currently advertises a discount of up to 25%.
To use this feature, the account needs sufficient BNB and the relevant fee deduction setting must be enabled.
Example: Standard Fee vs BNB Fee
Imagine a $10,000 Spot transaction.
At an illustrative 0.10% fee rate, the standard commission is $10.
When an eligible 25% BNB discount applies, the commission decreases by $2.50.
The remaining fee is $7.50.
Combining BNB and Referral Benefits
Depending on the terms of a specific invitation, a referral rebate may apply alongside the BNB fee deduction.
If a 20% rebate were calculated on the discounted $7.50 commission, the illustrative rebate would be $1.50.
That would produce a hypothetical net trading cost of $6.
The resulting 40% effective reduction is an example, not a guaranteed combined discount.
Actual results depend on the applicable calculation methods, account status and promotional rules.
How to Make Your First Cryptocurrency Deposit
Once verification and account security are complete, users can explore supported funding methods.
The available options depend on country, currency and payment restrictions.
Some users may have access to bank transfers or payment card purchases.
Others may transfer cryptocurrency from an external wallet or exchange.
When depositing cryptocurrency, always verify the destination address and blockchain network.
A supported cryptocurrency may exist on several networks.
Selecting an incompatible network can result in irreversible asset loss.
Review minimum deposit amounts, confirmations and any applicable costs before transferring funds.
For beginners, a small test transaction can help identify operational mistakes before a larger transfer.
How to Buy Cryptocurrency With Your Binance Account
After funding the account, users can locate an eligible cryptocurrency trading pair.
For example, a BTC/USDT pair expresses the price of Bitcoin in USDT.
The Spot trading interface generally displays market prices, available orders and trading controls.
Two common order types are market orders and limit orders.
Market orders prioritize execution against available liquidity.
Limit orders allow users to specify a preferred execution price.
Before purchasing, verify the order amount, estimated commission and potential price impact.
The displayed last price does not necessarily guarantee the final execution price.
How to Sell Cryptocurrency and Review Transaction History
Selling cryptocurrency follows a similar process.
Choose the relevant trading pair, select an order type and enter the quantity to sell.
A market order may execute immediately against available liquidity, while a limit order waits for matching market conditions.
Once the order executes, users can inspect their account balance and trading history.
Transaction history is useful for tracking fees, calculating trading results and preparing records for applicable tax obligations.
Binance Futures: An Optional Feature for Eligible Users
Binance also offers derivatives trading products in certain jurisdictions.
Futures trading differs significantly from ordinary Spot purchases.
A Futures position can involve leverage, margin, funding payments and liquidation risk.
Eligible USDⓈ-M Futures accounts may receive an additional BNB-based trading commission deduction of up to 10%.
However, Spot account registration does not automatically establish eligibility for derivatives trading.
Users should understand the product's risks before considering a Futures account.
Binance Welcome Rewards: Understanding the $19,800 Promotion
Some Binance affiliate campaign pages advertise combined welcome reward opportunities worth up to $19,800.
These promotions may include separate tasks involving account verification, eligible deposits and trading activity.
The advertised maximum is not a guaranteed signup payment.
Campaigns can impose deadlines, product restrictions, qualifying volume requirements and voucher conditions.
For example, a reward voucher may be usable only for certain platform activities rather than being directly withdrawable as cash.
Importantly, the published $19,800 campaign associated with the CRYPTOFEE20 event page should not be assumed to apply automatically when registering through a different code.
Always review the exact promotion attached to your registration invitation.
Frequently Asked Questions
Can I create a Binance account for free?
Account registration generally does not require a signup fee, although trading, purchases and transfers can involve costs.
Does BESTCODE20 guarantee a 20% fee rebate?
No. The specific invitation and the displayed account eligibility determine the actual benefit.
Can I change my referral code after registration?
Binance generally requires users to apply their referral invitation during account creation. A linked referral code normally cannot be changed.
Do I need to complete KYC before trading?
Identity verification requirements depend on the jurisdiction and product. Binance generally requires verification for access to trading services.
Can I receive extra fee discounts by paying with BNB?
Yes. Eligible Spot users may qualify for up to 25% savings when paying fees with BNB.
Can I use Binance without buying cryptocurrency immediately?
Yes. Creating an account does not require placing a trade immediately, subject to applicable account rules.
Are Binance welcome rewards guaranteed?
No. Rewards depend on campaign eligibility, required tasks and promotional conditions.
Is Binance available in every country?
No. Registration and product availability vary by jurisdiction.
Editor's Note
This guide focuses on account creation, registration accuracy, verification and the practical differences between referral rebates and standard trading fee deductions.
Referral benefits should be verified before registration rather than inferred from a promotional code's name.
Affiliate Disclosure and DYOR Disclaimer
This article contains affiliate referral information. The publisher may receive compensation when eligible users register or perform qualifying activities.
Promotional benefits are subject to eligibility, current program rules and regional availability.
Cryptocurrency investments involve market volatility, liquidity risk and the possibility of losing capital.
This article is intended for general education and does not constitute financial, investment, legal or tax advice.
Always perform independent research and verify official Binance terms before registering, depositing or trading.
Last updated: October 27, 2026.