In One Sentence
A Binance referral code, invite code or rebate code usually means the same thing: a code entered during registration that may enable trading fee rebates.
What Does It Do?
- May reduce or rebate part of trading fees.
- Does not increase your fees.
- Does not give the referrer control over your account.
- Usually cannot be added after registration.
Where to Enter It
Look for "Referral ID", "Referral Code" or "Invite Code" on the sign-up page before submitting registration. Confirm that the rebate relationship appears before creating the account.
Read next: where to enter Binance referral code, Binance registration guide.