Binance Promo Code Referral Codes, Sign Up Bonus ✅️ Binance Bonus Coupon Code [December 2024] Australia

The most redeemed Binance discount codes

Discount	Description	Expiry Date
40%	Binance promo code extra 40% OFF trading fees + $100 trading fee rebate sign-up bonus XICM2J1C	2024-12-31
20%	Free $5,$50 or $100 Binance promo code + 20% OFF Binance referral code in brokerage XICM2J1C	2024-12-31
100usd	New Binance users get 100usdt in CASHBACK XICM2J1C	2024-12-31
600usd	Binance welcome bonus up to 600usdt trading fee credit XICM2J1C	2024-12-31
8%	Binance promo code | earn up to 8% CASHBACK in bnb every time you spend XICM2J1C	2024-12-31
50%	Binance discount coupon 50% on CASHBACK = 10% on trading fees + 40% of your XICM2J1C	2024-12-31
10%	Enjoy 10% Commission Back on Every Trade you make on Binance using this code on XICM2J1C	2024-12-31

Create an account

Creating a new account is very easy. You only need an email address and password. We will give you a lifetime 20% discount on all fees with our special link. Click here to apply the discount and register an account.

Place an order

After you register your account you can open positions and place orders. Keep in mind that you are exchanging cryptocurrency for another cryptocurrency on this exchange. Therefore, you need cryptocurrency to start with. It won't be an issue if you don't own any crypto, you can buy it at Binance (with a high fee) or with a broker. We will explain how to do that.

Please follow these steps to place an order:

1. Register an account or log in
2. Hover over Wallet and click on Spot wallet (Deposit and Withdraw)
3. Search for Bitcoin (BTC) and click on Deposit
   1. You can buy Bitcoin with a broker for a low fee. Use this guide to buy crypto with Bitvavo.
   2. You can buy Bitcoin at Binance with a credit card.
   3. If you already own some crypto, search for that coin and deposit it into the right address.
4. Send the Bitcoin to your own address. You receive a notification when it is deposited successfully
5. Hover over Spot and click on Classic
6. Search for the coin you want to buy and click on it
7. At the bottom you find your Buy and Sell screens. We advice you to use the Limit or the Market order (for now)
   1. Limit order: the order will be placed for in the order book for the price that you have filled in. You have to wait until the price reaches your chosen price
   2. Market order: the order be executed immediately for the current market price

After your order is executed you successfully traded Bitcoin for your chosen coin (with a limit order is it even possible that your order has been partially filled). When you want to sell your coins you can use the screen next to it.

If you don't get it, please contact us and we will help you.

Binance limits and verifications

After registering your account you are Level 1, unverified. This does not mean you can't do anything with your account! For most people an unverified account is more than enough. The following limits apply at Binance:

• Level 1 (unverified): 2 BTC per 24 hour trade/withdraw
• Level 2 (fully verified): 100 BTC per 24 hour trade/withdraw
• Level 3 (for whales): More than 100 BTC per 24 hour

Register an new account and get a lifetime 20% friend discount. When you hold BNB tokens you will get an additional 25% discount on top of thatTE DEAL A major irritation for users is that on many exchanges you have to provide a lot of personal data and it usually takes a very long time before the verification process is completed. It is completely free to register an account at Binance, but of course they have verifications and limits from a legal point of view.

The business model for an exchange is the fees they charge per transaction. These are fees for exchanging cryptocurrency, but also for withdrawing (sending) crypto. Depositing cryptocurrency is completely free and no fee is charged for this. Per coin you pay a different fee to send or withdraw, this list is available on the website. To exchange cryptocurrency you pay a standard 0.1% fee.

A nice addition of Binance is that you get 25% discount on the fees if you hold the Binance Coin. When you create an account, this discount is by default ticked in your dashboard. Do you want more discount? If you register an account with us, we will share 20% of the commission with you for life!

You must hold the Binance Coin (BNB) to make use of this special discount. If it's ticked On and you have BNB coins, then the discount will be applied automatically. Depending on how long you are registered at Binance you will get a different discount:

• Second year: 25% discount (2019/2020)
• Third year: 12.5% discount (2020/2021)
• Fourth year: 6.75% discount (2021/2022)

After the fourth year you won't receive any more discount on your trades and you'll have to pay the full price. By the way, it's not about how many years you've been registered, but how long the exchange has been in existence. We will update our Binance review when the 25% discount is over and the 12.5 discount will be applied.

Binance hack 2019

In 2019 a Binance hack took place, where criminals stole over 7047 BTC from the exchange. Hackers are a constant threat to every exchange and broker (actually, to all IT companies). A smart attack allowed the hacker to take over multiple accounts and to move BTC from the platform without any alarm bells ringing at Binance.

It's good to see how a company reacts to such a hack. Binance's CEO kept the entire community well informed of the progress. All losses were compensated from the so-called Secure Asset Fund for Users (SAFU). Because of the good communication and the compensation of the losses, the crypto community was very positive. Even the Bitcoin price barely reacted to it.

To prevent the Binance hack in the future, the company has taken several measures.

Is Binance safe?

Binance is a very safe Asian exchange (that is currently based in Malta). Everyone on the Binance team is listed by name in the whitepaper and on the website. The CEO, Changpeng Zhao, is a well known name in the crypto world and has an impressive track record. He was a manager at Blockchain.com, the CTO and Co-Founder at OKCoin and also the CEO of BijieTech. These are large companies that are still successful today.

A few other well-known names within Binance are:

1. Roger Wang (Co-Founder and CTO): Nomura Securities en Morgan Stanley
2. James Hofbauer (Chief Architect): Palantir en Fusion Systems
3. Paul Jankunas (VP of Engineering): SBI BITS en Fusions Systems
4. Allan Yan (Product Director): Orient International Holding
5. Sunny Li (Operations Director): Accenture

You may see all the names for yourself on Binance's website. Given the transparency and the popularity, you can assume that Binance is safe. So it is an officially registered Asian company that is growing in popularity. They owe this popularity to a good system, good communication, good support and a good platform.

It's still an exchange and as always, it's recommended to only leave money on an exchange which you trade with. Never use an exchange as your wallet, because such companies are always targeted by hackers or other internet criminals. Also, never use the same password for multiple platforms and always enable 2-step verification. The SMS verification function does not work for European users.

The best Binance discount code is "XICM2J1C".

The best Binance discount code available is "XICM2J1C". This code gives customers up to 50% at Binance. It's been used 882 times