How do I enter a referral when opening a gift wallet after signing up for Binance?
When you first sign up for Binance, you will only be able to use a spot wallet and will be started in Binance Lite mode. Therefore, you must first convert to pro mode on Binance and then open a futures wallet in order to trade Binance futures. However, you must re-enter the referral ID. Some people may be confused because they have already signed up through a referral when signing up for Binance, but are asked to enter the referral ID again. If you do not enter it, it is as if you opened a gift wallet with an existing referral. If you enter it, you will sign up as a new referral. So what is the difference? Let’s find out slowly through the article below.
1. Convert from Binance Lite mode to Pro mode
When you first start Binance from the app, there is no futures trading menu because it is in light mode. Therefore, you must first convert from Lite Mode to Pro Mode before you can start futures trading. So how can I convert it?
To briefly summarize what is written in the article, you can enter the settings by clicking on the left or top part of the Binance home screen. Then, if you look closely at the menu, you will see Binance PRO written at the bottom or top. Click on it to enter Binance Pro Mode.
2. How to enter Binance Referral ID?
To enter futures on the Binance app, click ‘FUTURES’ at the bottom of Binance Pro Mode. If you are prompted to enter a referral ID, enter the referral ID to receive the discount. All referral IDs benefit from the same 10% commission. For spot trading, the discount is up to 20%, but for futures trading, the maximum benefit is 10%. If you see an article or video offering benefits exceeding 10%, you should be suspicious of whether it is a scam.
▶ What Binance referral ID do I need to enter? – Futures referral code (optional)
→ angel
This referral ID is an ID with official influencer qualifications and will guarantee maximum benefits.
What if I didn’t enter my Binance referral ID? No need to worry. If you sign up for Binance through a referral before that, you will automatically be registered as the referrer and receive a 10% discount.
As above, we learned how to enter a referral ID for Binance futures trading. Futures trading is very risky, so please refrain from setting excessive leverage when investing. In particular, if you use high leverage, you will face the unfortunate situation of running out of money in a short period of time. Be sure to invest carefully at a low multiplier.
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