Binance Referral Program Explained

in #binance7 years ago (edited)

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Binance, a cryptocurency exchange launched just 6 months ago is now the largest crypto trading platform in the world with more than 6.000.000 users.

One of the key actors for the explosive growth of Binance has been the referral program.

How does it work?
After you register on Binance , you can go to the referral page. There you will find your unique referral ID and referral link.

binance referral 1.png

Now, let's assume you share that to a friend and he signs up using your referral link. Now, every time your friend makes a trade, you get 20% of the fee that he pays to Binance in your account in real time.

Example: Friend signs up with Binance.

Deposits some ETH or Bitcoin and decides that he should buy 1000 ripple.

He makes the trade. Binance gets 0.1% fee per trade. So he pays 1 ripple to Binance. That means you will get 0.2 Ripple as comission from this trade added into your account in real time.

Now, 0.2 Ripple might not seem much, but those comission really do add up and if you have a lot of referrals or if your referralas day trade a lot you can earn some serious money.

Here are the the top 3 referrals on Binance :

binance referral.png

You can see how the first one made more than 170 Bitcoins in referral comissions.

And here are the program details. It's important to know that Binance reserves the right to change the terms of the referral program at any time.

binance referral 2.png

If you don't have a Binance account and you want to register just click the link bellow:

Sign up to Binance

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