Binance is the world’s largest cryptocurrency exchange and has maintained the No.1 position in global trading volume for many years. The number of users in Korea has also been steadily increasing, which shows that Binance has established a high level of trust as a platform.
The biggest reason investors flock to Binance instead of domestic exchanges is futures trading, which allows two-way trading. On Korean exchanges, profits can generally only be made when prices rise. However, Binance enables futures trading, allowing users to pursue profits even during market downturns.
In other words, regardless of market direction, investors can freely build strategies based on their own market outlook. In addition, Binance lists a far wider variety of cryptocurrencies compared to domestic exchanges.
This allows users to select assets that fit their investment style, and because Binance is a global price-discovery exchange, investments can be made based on more objective market prices.
Another core feature of Binance is leverage. Domestic exchanges mainly focus on spot trading, where profits are usually proportional to invested capital. On Binance, however, leverage allows traders to control much larger positions with relatively small capital.
Binance futures trading supports leverage of up to 125x, but excessively high leverage can rapidly amplify losses. Therefore, beginners are advised to use leverage of 20x or lower.
If you would like to sign up for Binance, you can register using the link below.
Travel Rule and Fee Structure You Must Know Before Signing Up
First, let’s briefly explain the Travel Rule. The Travel Rule is a regulation introduced to prevent money laundering and requires clear identification of both the sender and recipient when transferring digital assets.
This rule is important because when transferring assets between domestic exchanges and Binance, the registered name information on both platforms must match exactly. If there are discrepancies in English names or dates of birth, withdrawals may be delayed or restricted.
In addition, domestic exchanges such as Upbit and Bithumb only allow withdrawals to approved overseas exchanges. Therefore, it is extremely important to use officially recognized exchanges like Binance.
Next, we must discuss fees. Binance futures trading fees are set at 0.02% for Maker orders and 0.05% for Taker orders.
At first glance, these rates may seem small, but because futures trading often involves leverage, the actual fee burden can become significant.
For example, if you invest approximately USD 2,300 using 20x leverage, your actual trading size becomes about USD 46,000. Entering and exiting a position at market price just once would incur approximately USD 46 in fees.
If you trade three times a day over a month, that results in about 90 trades. In this case, total fees could reach approximately USD 4,150. Depending on circumstances, fees alone could approach the size of your original capital.
For this reason, fee discounts are not optional — they are essential.
How Important Is the Binance Trading Fee Discount?
By signing up through the Binance referral link below, you can receive a lifetime 20% trading fee discount.
At the time of signup, the 20% discount may seem insignificant and easy to overlook. However, based on the earlier example of 5.4 million KRW in monthly fees, this discount saves approximately 1.08 million KRW per month.
On an annual basis, this translates to savings of over 13 million KRW. In the long run, whether or not you apply the fee discount can make a substantial difference in your overall profitability.
Therefore, it is highly recommended to always trade with the fee discount applied.
Binance Sign-Up in Just 5 Minutes
Now, let’s go through the Binance registration process step by step. By accessing the link below, which includes the fee discount, you will be taken directly to the signup page.
🎁Sign up for Binance and receive a 20% trading fee discount🎁
You can create an account using either an email address or a mobile phone number. While phone registration is possible, phone numbers can change over time, which may cause login inconvenience when changing devices. For this reason, signing up with an email address is recommended.
Password Requirements
At least 8 characters
Must include numbers
Must include at least one uppercase letter
Once these requirements are met, you can proceed without issues.
After completing the password setup, your account registration will be finished, and the 20% trading fee discount should already be automatically applied.
So far, we’ve covered the Binance signup process, fee-saving tips, and essential information you should know. It may seem complicated at first, but once everything is set up, it can make a significant difference in the long run. Don’t forget to sign up using the Binance fee discount link.
Always trade with reasonable leverage and thorough risk management to ensure safe and sustainable trading.