Binance organization launched the referral program recently through which you can invite your friends to join in the program to initiate trading process successfully. Accordingly, you might receive 50% of his or her paying fees as commission if you’ve joined your friends. If you want to participate in the referral program, you need to update your Binance iOS app or reinstall it to participate in the program. It reserves the right to adjust fees and commissions in the future.
Join Binance Referral Program
On the online website binance.com or mobile app, you can able to get a link to register and generate referral links and QR codes. You can also invite your friends to register in the program using referral links or QR codes. If your friends joined on Binance, you may get rewards based on their trading.
Initially, the commission will be set at a rate of 20% and it can be adjusted after certain period of time according to the trading. Once your referee accomplished the trading process, you will get amount to your Binance account instantly. It will be paid to you in token or cryptocurrency which the original fee is paid in. You can refer to unlimited number of friends although it has a right to reserve or change the referral program rules at any time. However, you need to make a note that the referee should be signed up using referral links or QR codes or referral ID. It will check out for duplicate or fake accounts and will not pay any bonuses on these accounts. This leads to result in disqualification of these duplicate or share finances. The important point you should remember is that it has the right to change the terms and conditions of the referral program in accordance with the current market conditions, risk of fraud, and any other relevant factors.
How to Participate in Binance Referral Program
- Primarily, you need to open official website binance.com and go to referral program.
- Once you’ve entered the event page, you can login or register your account.
- After that, you can share the referral rewards program with your friends whether using QR code or referral link or referral ID.
- If your friends registered the Binance account through the shared links or QR codes, they can easily start their trading.
- Based on your friends trading, you will receive a 50% commission of his or her trading fee during first month. On the event page, you can check out for estimated commission value, referral friends, and latest commission history.
- The rate of commission will be adjusted based on the trading situation in the current market.
The company has announced that it will re-open new user registrations and adjusts the referral program terms. In order to ensure the performance of existing users, there is only a limited number of new registrations will be allowed on every day. The new registration open timings will be varied from day to day without any prior announcement. In addition to this, Binance Referral Program commission will be adjusted to 20%.