August 7, 2025
When it comes to cryptocurrency exchanges, Binance is always one of the first names that comes to mind. As the world’s largest crypto exchange by trading volume, Binance is more than just a place to buy and sell coins — it’s a full-fledged financial ecosystem. From spot and futures trading to staking and mining, Binance also offers an attractive cashback program of up to 20% for new users.
So, what exactly is Binance, why is it so popular, and how can you register and start earning 20% cashback on your trades? Let’s break it all down in this complete guide.
Binance is the world’s largest cryptocurrency exchange by daily trading volume, offering access to over 1,000 trading pairs. The platform was founded in 2017 by Changpeng Zhao (CZ) in China.
In July 2017, Binance launched an initial coin offering (ICO) to raise capital. Thanks to CZ’s impressive background and vision, the project attracted massive attention from the crypto community. Within three weeks, Binance raised $15 million and gained over 20,000 user registrations right at launch.
Here are some of the core features that make Binance more than just a trading platform:
Binance offers over 740 trading pairs on the Spot market, including BTC, ETH, BNB, and major fiat currencies. The matching engine is capable of handling up to 1.4 million orders per second.
This feature allows users to trade using borrowed funds (leverage) provided by third parties. Margin trading can increase both potential profits and risks.
Binance Futures lets you speculate on the future price of cryptocurrencies with high leverage. With the right market predictions, traders can profit even in down markets.
Binance users can earn passive income by depositing supported coins like BNB, USDT, or DeFi tokens into flexible or fixed savings products with competitive interest rates.
A comprehensive mining platform for crypto miners. Binance Pool offers consistent payouts, low fees, and additional features to help miners maximize earnings.
Binance is more than just a place to trade coins. It’s a complete ecosystem built for crypto users of all levels.
Binance charges a standard 0.1% trading fee. If you use BNB to pay fees, that drops to 0.075% — among the lowest in the industry.
Whether you’re just getting started or you’re a seasoned trader, Binance lets you choose between Basic, Intermediate, or Advanced interface modes.
From passive income products like Earn to high-leverage trading in Futures, Binance has something for every type of trader.
If you sign up using a partner link (like Lóng Cashback), you can get 20% cashback on your trading fees, permanently — a huge saving over time.
To receive lifetime 20% cashback on your trading fees, make sure you register using a partner cashback link. If you sign up directly through Binance’s website or mobile app, your account won’t be eligible, and you won’t be able to request cashback later.
Step 1: Access the Cashback Registration Link
👉 Use the official partner link to register and activate 20% cashback
This link includes a built-in referral code that automatically qualifies you for cashback rewards.
Step 2: Enter Your Email and Create a Password
Make sure you use an email address that has never been used on Binance before. Your password should be at least 8 characters long, with a mix of upper/lowercase letters and numbers.
Important: Reusing an old email or a previously blocked account will make you ineligible for cashback.
Step 3: Verify Email and Complete Identity Verification (KYC)
Check your inbox for a 6-digit code to confirm your email. Once done, you’ll be asked to complete identity verification using a government-issued ID (passport, national ID, etc.). The process usually takes just 5–10 minutes.
Step 4: Deposit and Start Trading
You can deposit crypto directly or purchase with a Visa/Mastercard. Once you start trading, your 20% cashback will be calculated and credited to your Binance account.
Need help? Watch this detailed registration tutorial:
The Binance cashback program works on a referral-sharing model. When you sign up through a partner link, Binance returns 20% of your spot trading fees directly back to you.
Example:
Cashback is credited automatically on a daily basis based on your trading volume.
Yes. As long as you register correctly through a partner link, your 20% cashback applies for life on all spot trading fees.
Unfortunately, no. Binance does not allow referral codes to be added retroactively once your account has been created.
In crypto, everyone wants to "buy the dip and sell the top." But in reality, daily trading fees can slowly eat away at your profits — especially if you trade frequently. Learning to optimize costs, such as taking advantage of Binance’s 20% cashback offer, gives you a long-term edge in your trading strategy.
Don’t let fees quietly drain your account. Register through Lóng Cashback today and get 20% lifetime cashback on all spot trades!
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