Getting Started with Binance: How to Apply Referral Discounts and Safely Begin Futures Trading

Binance Signup

https://www.binance.com/join?ref=UJH0EK9Z

If you are new to Binance, the first step you must complete is signing up. The signup process itself is not difficult, but when creating your account, you must apply the 20% referral fee discount to reduce long-term trading fees. Follow the steps below in order to complete your signup easily.

1. Access the Official Binance Website

Because there are many phishing sites, you must access the official homepage or a trusted referral link.
When accessing through a referral link, the referral code is automatically applied, allowing you to receive the 20% fee discount when you begin trading.

2. Enter Email or Phone Number

On the first signup screen, enter your email address or phone number.
Most users prefer email signup because it provides more stable verification.
After entering your email, a verification code will be sent. Enter the code to proceed.

3. Set Your Password

Binance enforces strong security standards. Your password must meet the following requirements:

  • Minimum 8 characters
  • Includes an uppercase letter
  • Includes a number

Once these conditions are met, your password will be set successfully and used for future logins.

4. Account Creation Complete

After completing verification and password setup, your basic Binance account will be created.
However, you cannot use deposit, withdrawal, or trading functions until you complete Identity Verification (KYC) and OTP setup.

Binance Referral 20% Fee Discount

When you start trading on Binance, one of the most important steps is applying the 20% referral fee discount.
Binance charges fees for spot and futures trading, and as your trading volume increases, accumulated costs can grow significantly. This makes it crucial to apply the referral discount at the beginning.

Why You Should Use a Referral Code

  • Automatically applies a 20% trading fee discount
  • Provides long-term savings for frequent traders
  • Cannot be changed after the account is created

Referral codes can only be applied during the signup process, and cannot be edited afterward.
Therefore, always verify that the referral code is correctly applied before creating your account.

Binance Identity Verification Method

To fully use Binance features such as deposits, withdrawals, spot trading, and futures trading, you must complete Identity Verification (KYC).
This process is required to comply with international anti-money laundering regulations and unlocks all major account functions.

1. Access the Verification Menu

After logging in, click your profile icon at the top and go to Verification.
You will see the required identity documents depending on your country.

2. Enter Personal Information

This information must match your ID exactly:

  • Full name
  • Date of birth
  • Address

If the information does not match the ID, verification may be rejected.

3. Upload Identification Documents

Accepted ID types on Binance include:

  • Passport
  • National ID card
  • Driver’s license

You must upload both the front and back of the document.
Blurry or low-quality images may result in rejection.

4. Complete Facial Verification

Using your smartphone or computer camera, complete real-time facial verification.
You may be asked to turn your head or align your face within a frame.

5. Verification Complete

After submission, Binance will review your documents.
Most verifications are completed within 5 minutes to 1 hour.
Once verified, all deposit, withdrawal, and trading functions will be fully activated.

Binance Futures Trading Method

Binance Futures offers high leverage and various order types, making it popular among experienced traders. However, because futures trading carries high risk, it is important to understand how it works before starting.

1. Transfer

To begin futures trading, you must move assets from your Spot Wallet to your Futures Wallet.
In the wallet menu, select Transfer, choose the asset and amount, and complete the transfer.

2. Select Cross or Isolated Mode

Binance Futures provides two margin modes:

  • Cross: Uses the entire wallet balance as margin
  • Isolated: Uses only the margin allocated to the specific position

Beginners should use Isolated Mode for safer risk management.

3. Choose Order Type (Limit / Market)

When opening a position, you can choose between:

  • Limit Order: Position opens when the price reaches your specified level
  • Market Order: Position opens immediately at the current market price

Market orders are recommended for beginners due to immediate execution.

4. Set Leverage

Binance supports up to 125x leverage, but high leverage increases liquidation risk.
 Beginners should start with low leverage, around 2x–5x.

5. Enter a Position (Long or Short)

  • Long: Betting the price will rise
  • Short: Betting the price will fall

Choose either Long or Short depending on your market expectation.

Final Guidance

If you are new to 바이낸스 가입방법, the most important steps are applying the 20% referral fee discount, completing Identity Verification (KYC), and securing your account with OTP.
With these basic settings in place, you can minimize unnecessary fees and strengthen account security.
Once you fully understand the Binance futures trading structure, you will be able to trade more safely and efficiently.

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