A simple, step-by-step guide for beginners. Enter the code during signup and save on every trade forever.
Published: March 2026A referral code is a short text string you enter when creating a new Binance account. It connects your account to a fee discount program. With code MGBABA, you receive a 20% reduction on all trading fees — this is the maximum discount Binance allows through referrals.
The discount is permanent. It applies to every trade you make — spot, futures, and margin — for as long as your account exists. You do not need to renew it or take any additional action after registration.
Go to accounts.binance.com/register?ref=MGBABA. This link automatically fills in the referral code for you.
Type your email address and choose a strong password. Make sure the "Referral ID" field shows MGBABA. If it is empty, type it in manually.
Binance will send a verification code to your email. Enter it to confirm your account. This takes about 30 seconds.
Binance requires KYC (Know Your Customer) verification. Upload a photo of your ID and take a selfie. Most verifications are approved within 10 minutes.
Deposit funds and begin trading. The 20% fee discount from code MGBABA is active immediately — you do not need to enable anything.
Without any referral code, Binance charges 0.10% per trade. That means a $1,000 trade costs $1.00 in fees. With code MGBABA, that same trade costs $0.80 — a saving of $0.20 per trade.
That might sound small, but it adds up quickly. If you trade $5,000 per month, you save $12 per year. If you trade $50,000 per month, you save $120 per year. Active traders can save even more by enabling BNB fee payment for an additional 25% off.
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The best code is MGBABA. It gives a 20% lifetime discount on all trading fees and is the maximum discount allowed by Binance.
During registration, look for the "Referral ID" field. Type MGBABA there. Or use the direct link which fills it in automatically.
No. The code can only be applied during registration. If you already have an account, you would need a new account with a different email to use MGBABA.
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