What should a brand-new Binance account actually do in its first week? Short answer: register with code THEBESTCODE so every Spot trade costs a flat 20% less in fees, then work through the new user bonus at your own pace. That bonus is worth up to $19,800 for eligible users, paid out tier by tier as you complete tasks.
👉 Sign up on Binance with a bonus and 20% off Spot fees
Most guides stop at "sign up and claim it". This one goes further and lays out a realistic seven-day plan, with the numbers for each step, so you know what the first tier really costs and what you keep.
The new user bonus in plain numbers
Before planning anything, it helps to know what you're working with. A new account gets two separate things, and they behave very differently.
The fee discount: with THEBESTCODE, the standard Spot fee of 0.1% per trade drops to 0.08%. It is permanent and applies to every Spot order automatically.
The welcome bonus: a ladder of tasks with a net deposit target, a trading volume target and a deadline. Finish a tier and that tier's reward unlocks.
Same bonus with any code: the welcome bonus does not grow or shrink depending on the code you use. The fee discount is what the code adds.
So think of the discount as the part that pays you back every day, and the bonus as a one-time extra on top.
Day 0 - Pick the code before you register
The code can only be entered during registration. Once the account exists, there's no menu where you can attach one later, so this is the one step you can't redo.
Open the sign-up page: on the official binance.com site or in the Binance app.
Enter your email or phone number: then type the 6-digit verification code Binance sends you.
Check the code field: it should read THEBESTCODE. If the field is empty, type it in, exactly, without spaces.
Create your password: long and unique, not one you use anywhere else.
Finish registration: and keep the browser tab or app open for the next step.
The Binance registration form. The code field sits under the email or phone input.
If you switch from the browser to the app halfway through, look at the code field again. That switch is the usual reason a code goes missing.
Day 1 - Verify your identity and lock the account down
Identity verification comes first because deposits, withdrawals and the bonus tasks all depend on it. Have an ID document ready and do the selfie step in good light; most checks clear within minutes, though some take longer.
Then spend ten minutes on security, before any money arrives.
Two-factor authentication: an authenticator app or a passkey is stronger than SMS alone.
Anti-phishing code: a word that appears in every genuine Binance email, so fake ones stand out.
Withdrawal whitelist: optional, but useful once you know which wallets you'll send to.
It feels slow to do this on day one. It's far slower to recover an account after someone else has the password.
Day 2 - Read the task table before you deposit
This is the step almost everyone skips. Open the new user task list in your account and read the first tier, line by line, before you move a single dollar.
An example of the new user task table, with net deposit, trading volume, reward and time limit for each tier.
In the table above, tier 1 asks for a $100 net deposit and $3,000 of trading volume within 7 days, for a $100 reward. Your own table may show different figures, because tasks change over time and depend on eligibility, so always trust what your account shows.
Three things to note from any tier:
Net deposit: deposits minus withdrawals. Taking money out during the task window can push you back under the target.
Trading volume: both buys and sells count, so $1,500 in and $1,500 out makes $3,000.
Task period: the clock usually starts when the task is activated, not when you finish reading about it.
Day 3 - Make the first deposit, sized to the tier
Deposit an amount that matches the tier you plan to complete and that you're comfortable holding in crypto for a while. For a first tier like the one above, that means a little over $100.
The cheapest route depends on what you already have. If you hold crypto in another wallet, a direct transfer usually costs only the network fee. If you're starting from cash, compare card, bank transfer and P2P before choosing; our step-by-step guide to buying your first crypto on Binance walks through each option.
A tip that saves frustration: deposit stablecoins like USDT if your goal is the volume task. You can trade USDT pairs straight away, and the value doesn't swing while you wait.
Days 4 to 6 - Build the volume without burning money
Here's where the fee discount stops being an abstract percentage. Every dollar of volume costs a fee, and the task is measured in dollars of volume.
The Spot fee schedule. Regular users start at 0.100% maker and 0.100% taker.
Take the $3,000 volume target from the example tier and run it through both fee rates.
Without a code: $3,000 x 0.1% = $3.00 in fees.
With THEBESTCODE: $3,000 x 0.08% = $2.40 in fees.
Difference: $0.60 kept on the first tier alone.
Sixty cents is small. But the same 20% applies to everything you trade afterwards. Someone who trades $20,000 a month on Spot pays $20 in standard fees, or $16 with the discount, and that $4 gap repeats every single month without any extra effort.
Fees are only one part of the cost. The bigger risk is the price moving against you while you trade for volume. A few ways to keep that small:
Trade liquid pairs: BTC/USDT or ETH/USDT have tight spreads, so buying and selling back loses very little to the spread.
Use limit orders: you control the exact price instead of accepting whatever the market gives.
Spread it out: several smaller round trips over three days rather than one big rush on the last evening.
Stay on Spot: no leverage, no liquidation, and the task volume counts the same.
Want the full discount working on every order you place this week? Enter THEBESTCODE at registration and it applies by itself.
Day 7 - Check progress and decide on the next tier
On the last day, open the task page again. It shows how much volume and net deposit you've completed. Rewards usually arrive as vouchers or token rewards in the Rewards Hub, and some need to be claimed or used before they expire, so read the reward notes carefully.
Then ask yourself one honest question: would I do the next tier's activity anyway? Higher tiers ask for much larger deposits and volume. If they fit what you were planning, go ahead. If they'd push you into trades you don't want, skip them. The fee discount keeps working whether you finish one tier or none.
How the week adds up - a worked example
Here's one realistic path for a careful beginner, using the example tier above.
Deposit: $150 in USDT, sent from an existing wallet for a small network fee.
Trading: five round trips of about $300 each on BTC/USDT, for roughly $3,000 of volume.
Fees paid: about $2.40 with the discount, against $3.00 without it.
Spread and price drift: a few dollars at most on a liquid pair using limit orders, though it can be more if the market moves sharply.
Reward: the tier 1 reward, if your account is eligible and you complete both targets in time.
Nothing in that plan needs leverage, a big balance or luck. It needs a correct code field on day zero and a little patience.
Where new users trip up
Some patterns come up again and again in the first week.
Starting the clock too early: activating a task before you've verified your identity or deposited wastes days of the window.
Withdrawing mid-task: this lowers your net deposit and can undo progress you thought you had.
Chasing a bigger tier with leverage: a single bad Futures trade can cost more than the whole reward.
Believing "bonus sellers": codes are free. Anyone charging for one, or asking for your verification codes, is running a scam.
Opening a second account: one personal account per person. A duplicate made to retry sign-up can be restricted.
Is this right for you?
The plan suits you if you're new to Binance, plan to trade Spot regularly, and want lower fees without changing how you trade. It's less useful if you already have an account, since the code can't be added to an existing one, or if you only plan a single purchase and nothing more.
Before you start, see the latest Binance welcome bonus offer so you know which tasks are live today. When you're ready, create your Binance account with 20% off Spot fees and start day zero the right way.
FAQ
Is the 20% Spot fee discount only for the first week?
No. With THEBESTCODE it's a flat 20% off Spot trading fees on that account for every trade, not a time-limited promotion.
Does THEBESTCODE also lower Futures fees?
THEBESTCODE covers Spot. If Futures is your main plan, compare codes before registering, because the code can't be changed afterwards.
Do I have to finish a bonus task to get the fee discount?
No. The discount applies from your first trade. The bonus tasks are optional.
Can I complete the volume task with Convert instead of Spot orders?
That depends on the task's own rules, which are listed on the task page. If it says Spot volume, place Spot orders to be safe.
Can I pay fees with BNB as well?
Yes. Paying fees in BNB is a separate setting with its own discount, and you can turn it on alongside the code.
Is it safe to sign up through a link?
Yes, as long as the link opens the official binance.com domain. Check the address bar and never enter your details on look-alike sites.
Disclosure: THEBESTCODE is my code. If you use it, I may earn a commission from Binance at no extra cost to you. Crypto trading carries a risk of loss. This is not financial advice.