Binance Referral Program: how to promote your link
If you are reading this post it will be for one of two reasons:
You are considering registering on Binance and want to know what the referral program is all about.
You have recently registered on Binance and are now wondering how to drum up some referral business.
First things first, if you haven't already done so you should register here:
https://www.binance.com/?ref=16307732
Yes, that is shameless promotion of my Binance referral link, but we will get to that.
What is the referral program?
In October 2017 Binance introduced a referral program whereby any user you refer to the site via your link earns you a commission. This commission rate is currently set at 20% of your referees FEES on all completed trades. The novel part about this is that the fees are paid in real time in whatever currency your referee is trading. If you are anything like me, you will have your favorite projects and this is a good way to diversify your portfolio and collect a little bit of everything.
How do I drum up referrals (for free)?
I came across a referral MEGATHREAD on the Binance sub Reddit:
The idea is that when you register for Binance you do so via someone's referral link. Once registered you post your referral code for the next user... and so on, in perpetuity until every human on planet earth has created an account. Paying it forward, in advance if you like.
One thing to note is that several users offer to repay you a portion of their referral bonus simply for choosing their link... so choose wisely!
The best part about this method is that this thread, and this (official) sub Reddit are relatively NEW. The Binance sub relocated here only a few short weeks ago with no ability to access posts (including the old referral mega thread) on the previous sub. Thousands of new users visit this sub daily, providing a valuable pool of potential referees. More to the point, they are TARGETED referees, warm leads if you will as opposed to cold calling via spam on various other forums.
Similarly, the comments section below can be used as a referral promotion tool. New users: grab someone's referral link and sign up. Once you have done so, let them know and post your link for the next lucky customer in the comments section below. It becomes a self promoting tool, the more comments the more traffic, hence the more referrals for all.
Importantly - it costs you nothing. So once more to kick off proceedings, take this link, register, and then post your own referral ID below.
https://www.binance.com/?ref=16307732
Good luck, happy trading!
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