Today we will go through the Binance registration process for beginners — from creating an account and completing KYC verification to setting up OTP security.
Especially important is that by using a referral code, you can get a 20% discount on trading fees, as well as take advantage of bonuses for new users up to $600.
Be sure to review the instructions and access the available benefits.
Official Binance referral link with 20% fee discount
Link to get a fee discount on Binance
Binance referral code: RU20OFF
About Binance
Binance is one of the largest cryptocurrency exchanges in the world by trading volume. The platform supports a wide range of assets, from major cryptocurrencies like Bitcoin and Ethereum to numerous altcoins.
A key feature of Binance is its wide range of services: spot trading (Spot), derivatives (Futures), fast transfers, Earn products, staking, Launchpad, NFTs, and much more.
Trading can be done through a web browser or mobile app. Advanced security settings are also available, including two-factor authentication (OTP).
One of the main reasons users choose Binance is high liquidity, fast order execution, and various ways to reduce fees.
Using a referral code can significantly reduce trading costs in the long term.
In this guide, we will go through in detail how to use Binance, how to get a 20% discount on fees via the referral system, and how to take advantage of bonuses up to $600 for new users.
Downloading the Binance app
Mobile access is a major advantage for beginners, as it allows checking prices, managing orders, and receiving notifications anytime.
Android
Go to Google Play and download the official Binance app.
After installation, open the app and allow notifications and security settings (e.g., biometric authentication).
iOS
Find the 'Binance' app in the App Store.
Make sure the publisher is the official Binance, and install the app.
After launching, set your preferred language, notifications, and biometric security as needed.
Registration method on Binance via mobile app
Registration on Binance can be done using an email address or phone number. The process is as follows.
Proceed to registration
Launch the Binance app and select the 'Register' option.
Select your country or region of residence. You must indicate your actual country, as available features depend on local regulations.
Service support and rules may change, so refer to the current information displayed in the app.
Creating an account via email or phone
Enter your email address (or phone number).
Create a strong password using uppercase and lowercase letters, numbers, and special characters.
Enter the confirmation code sent by Binance to complete the initial verification.
After that, you need to complete KYC verification to gain access to core features (deposit/withdraw funds, trading, etc.).
20% fee discount when entering a referral code
When registering on Binance, you can use a referral code and immediately receive a discount on fees.
Referral code: RU20OFF
Enter the code RU20OFF in the registration form field. After this, a 20% discount on trading fees will be applied to your account.
Make sure the code is correctly applied before completing registration.
Basic security settings
Immediately after registration, it is recommended to activate email and phone verification, login notifications, and device confirmation.
It is especially important to set up OTP (2FA) — this is one of the most effective ways to protect your account from being hacked.
Completing KYC verification
KYC is the process of verifying a user's identity. It is required to comply with AML regulations and is mandatory for most major crypto exchanges.
Selecting country or region
Select your country of residence. Incorrect selection may lead to restrictions or require re-verification.
Document upload
Upload one of the supported documents: passport, national ID, or driver's license.
Avoid glare and shadows during the capture, and ensure the expiry date and information are clearly readable.
Face verification
Follow the on-screen instructions. Remove hats and masks, avoid glare from glasses, and slowly move your face within the frame.
Verification and approval
Verification may take from a few minutes to several business days, depending on the region, document type, and system load.
After approval, you will gain access to most features, including deposits, withdrawals, and trading.
If the information is unclear or the country is incorrectly listed, Binance may request resubmission. A prompt response will speed up the approval process.
Setting up OTP (two-factor authentication)
Two-factor authentication greatly enhances account security. The most common method is Google Authenticator.
What you'll need
Installed Google Authenticator or a compatible OTP app.
Active session in the Binance app.
Setup journey
Go to the user profile or the Security section.
In the 2FA section, select 'Google Authenticator'.
Scan the QR code using the OTP app or manually enter the secret key.
Storing the recovery key
The secret key is extremely important for recovering access.
It is recommended to store it in a secure offline location (encrypted note, safe, etc.). It will allow you to quickly restore OTP if you change or lose your phone.
Verification and completion
Enter the 6-digit one-time code from the OTP app to complete setup.
From this point onward, OTP will be required for login, fund withdrawal, and security settings changes.
Disabling or restoring OTP procedures may vary depending on the app version, so follow the latest instructions in the 'Help / Support' section.
Binance referral code — important information
Using a referral code during registration helps reduce trading fees.
Official referral link with discount
Link to get a fee discount on Binance
Referral code: RU20OFF
Even existing users can get a 20% discount if the following 5 conditions are met:
The invited user already has a Binance account.
They have not accepted any previous invitations.
The account has not made any transactions or used Binance products in the last 180 days.
After opening the link and logging in, a confirmation window appears.
The inviter clicks the [Now Binding] button, after which the binding takes effect.
After successfully applying the referral code, the 20% discount on trading fees will be activated automatically.