Binance Futures is one of the largest cryptocurrency derivatives trading platforms today, allowing you to trade futures contracts with high leverage.

In particular, when using the referral code X8B5J1UQ, you will receive reduced transaction fees, optimizing profits when trading on Binance Futures.

In this article, I will guide you in detail on how to use Binance Futures referral code and how to apply it to reduce trading fees. Let's get started!

1. Why use Binance Futures referral code?

When you use the referral code X8B5J1UQ, you will receive a discount on trading fees when trading futures on Binance. This not only helps you save costs but also increases your profitability when making transactions.

Benefits of referral code:

  • Reduced transaction fees: Using a referral code will help you reduce a portion of the transaction fees compared to the standard fee.

  • Increased Profits: Lower transaction costs mean you keep more of your profits after each trade.

  • New User Support: Referral codes are also an easy way for new users to get a discount without much effort.

2. Instructions for using Binance Futures referral code

Step 1: Register a Binance account

If you don't have a Binance account yet, sign up now to be able to use the services on the exchange, including Binance Futures. You can sign up with an email or phone number.

  • Visit the page Register for a Binance account (with referral code included)

  • See detailed instructions for registering and verifying Binance

Step 2: Activate Binance Futures account

After registering a Binance account, you need to enable the Binance Futures feature to start trading futures contracts.

  • Go to the Binance Futures page on the Binance mobile app or website.

  • If this is your first time using Binance Futures, Binance will ask you to open a Futures account. Just click Open Account and you will be guided through a few simple steps to activate it.

Step 3: Enter Binance Futures referral code

When you open your Binance Futures account, you will see a Referral Code entry. This is where you need to enter the code X8B5J1UQ to receive the trading fee discount.

  • In the Referral Code section, enter the code X8B5J1UQ.

  • Click Confirm to complete.

Note: If you already have a Binance Futures account and forgot to enter the referral code during registration, you will not be able to add it later. Therefore, make sure to enter the code when activating your account to receive the bonus from the beginning.

Step 4: Start trading on Binance Futures

BINANCE FUTURES TRADING INTERFACE

Once you have entered your referral code, you can start trading on Binance Futures and enjoy discounted fees. Binance Futures supports a wide range of futures contracts, including:

  • Perpetual Contract: No expiration date, users can hold positions for a long time.

  • Delivery Contract: Has a specific maturity date.

You can choose leverage from 1x to 125x depending on the contract type. However, be careful with using high leverage, as it also means increased risk.

3. Tips for Successful Trading on Binance Futures

Understanding the Risks of Futures Trading

Futures trading can be very profitable, but it also comes with high risks. Especially when using leverage, small price movements can have a big impact on your assets. Make sure you understand how the market works before you start.

Using Stop-Loss and Take-Profit

To minimize risk, you should use Stop-Loss and Take-Profit orders. These orders automatically exit your position when the price reaches a desired level, helping you protect your profits and limit your losses.

Track transaction fees

Trading fees can affect your overall profits. Therefore, it is important to use the referral code X8B5J1UQ to reduce fees. Besides, you can also reduce fees further if you hold BNB in ​​your Binance wallet and enable the BNB fee payment function.

4. Conclusion

Using the referral code X8B5J1UQ when trading on Binance Futures not only helps you save costs but also optimize profits. Make sure you enter the code as soon as you open an account to receive a discount on trading fees. Also, don't forget to manage your risk and use support tools such as Stop-Loss, Take-Profit to protect your account.

If you have any questions about using the referral code or how to trade on Binance Futures, feel free to leave a comment below the article. I will try to reply quickly and help you as much as possible!

Wishing you successful trading on Binance Futures!