This is a general announcement. Products and services referred to here may not be available in your region.
Binance Lite Referral is thrilled to launch a new promotion. During the Promotion Period, all users will be able to participate in a maximum of six referral rounds, and earn a 0.003 BTC token voucher from each referral round on a first-come, first-served basis.
Start referring your friends to Binance via your Lite Referral ID/Link now to share a total of 12 BTC in token vouchers now!
Promotion Period: 2024-04-18 04:00 (UTC) - 2024-07-07 23:59 (UTC)
How to Participate:
Step 1: Visit the Lite Referral Mode page during the promotion period and click the [OK] button to start a new referral round, which will last for a maximum of 10 days each.
Step 2: Share your Lite Referral ID/Link with friend(s) who have not registered with Binance yet. Ensure that your referral(s) complete at least one of the following tasks during the same referral round after registering with Binance, to count as successful referral(s) in the referral round.
Task 1: Complete account verification (KYC); and/or
Task 2: Complete their first single trade on Binance Spot or Binance Convert, and ensure that the trade is worth more than $100.
Step 3: Boost your rewards progress bar in the ongoing referral round by 0.01% to 10% each time when a successful referral completes one of the aforementioned tasks. Users who successfully boost the rewards progress bar to 100% with their successful referrals before the end of each referral round, will each receive a 0.003 BTC token voucher on a first-come, first-served basis.
Step 4: Click the [OK] button to start the next referral round and continue referring friends to Binance to earn more BTC token voucher rewards. Each user may complete a maximum of six referral rounds, and earn up to 0.018 BTC in token vouchers in this promotion.
Notes:
If a referrer fails to unlock 100% of the rewards progress bar by the end of a referral round, the progress accumulated in that referral round will be void, and no BTC token vouchers will be distributed for that referral round.
From 2024-04-16 04:00 (UTC) - 2024-07-07 23:59 (UTC), referrers can start a new referral round immediately once they unlock 100% of the rewards progress bar in their current referral round, even if this is before the expiration of the maximum allotted time of ten days. Alternatively, users can start a new referral round once the allotted time for each referral round has passed.
Users will not be able to start a new referral round after 2024-07-07 23:59 (UTC). Those who are still in an ongoing referral round after 2024-07-07 23:59 (UTC), can continue referring their friends to Binance until the maximum allotted time of ten days has passed.
The total prize pool of this promotion is capped at 12 BTC in token vouchers. Rewards will be distributed on a first-come, first-served basis. Users will not be able to participate in the promotion once all rewards are distributed, as all ongoing referral rounds will automatically be terminated thereafter.
On top of the token voucher rewards in this promotion, referrers and referrals may each unlock a 100 USDT Trading Fee Rebate Voucher reward. The rewards become redeemable for both parties when referrals complete the Lite Referral Program’s deposit task, i.e., completing cumulative deposits of more than $50 equivalent within 14 days after registration via Cash Deposit, Buy with Credit/Debit Card, P2P Trading or Cryptocurrency Deposit.
Terms & Conditions:
Users in restricted regions are disqualified from participating in the Binance Referral Program as referrers or referred users.
Each new user can only be referred to Binance via one referral mode. If a new user registers for a Binance account via the Lite Referral ID/Link, the referrer will not be eligible for any commission-based rewards from the Standard Referral Mode.
BTC Token Voucher Rewards:
Referrers can boost their reward progress bar by 0.01% to 10% with every successful referral during the promotion period. The value of the boost will be determined by the referrer’s historical activity with Binance.
Sub-accounts cannot be used to participate in this promotion. Spot trades or Convert trades that are completed with a sub-account will not count toward the trading volume requirement.
Binance will use the price of the USDT trading pair at trading time to calculate the value of the BTC trades completed on Binance Spot and Binance Convert during the Promotion Period. If there is no USDT pair for a specific cryptocurrency, it will be converted to another token or coin with a USDT pair to determine its value.
Referrers who are eligible for any BTC token voucher rewards must complete account verification (KYC) no later than 10 days after the end of the promotion period to receive the corresponding rewards.
After the completion of each referral round, BTC token voucher rewards will be distributed within 48 hours to eligible referrers who complete account verification. Users will be able to log in and redeem their token voucher rewards via Profile > Rewards Hub.
The validity period to claim the token voucher is set at 14 days from the day of distribution. Users should redeem the token vouchers before the expiry date. Thereafter, the token vouchers will become invalid. Learn how to redeem a voucher.
Lite Referral Program’s Deposit Task:
Deposits made via sub-accounts, third-party payment methods or from another Binance account will not count toward the Lite Referral Program’s deposit task requirement.
Binance will use the real-time fiat currency to USD foreign exchange rates for calculating the USD value of deposits via fiat channels during the Promotion Period.
Referrers may redeem one 100 USDT Trading Fee Rebate Voucher reward for each referral who successfully completes the deposit task.
Both referrers and referrals may unlock the 100 USDT Trading Fee Rebate Voucher reward via Profile > Rewards Hub within 48 hours after referrals successfully fulfill the Lite Referral Program’s deposit task.
Eligible referrers and referrals must claim their 100 USDT Trading Fee Rebate Voucher reward within seven days after the rewards are distributed.
Binance reserves the right to disqualify and revoke rewards for participants who engage in dishonest or abusive activities during the promotion, including but not limited to registering from the same IP or device, bulk-account registrations to farm additional bonuses and any other activity in connection with unlawful, fraudulent, or harmful purposes.
At Binance's sole discretion, user participation will be considered without effect and users will automatically be excluded, disqualified and prevented from accumulating benefits, in cases where it is identified:
Any violations of Binance's Terms of Use and its Compliance Policies, as well as attempted or proven fraud, human and/or through the use of technology;
Manipulation of results or failure to fulfill the requirements and provisions set forth in these Terms and Conditions;
Completion, by the user, of incorrect, outdated, mistaken information or filled with untrue information, and may also be liable for the crime of ideological or documental falsehood;
Registrations and participations for which any technological means have been used or there are indications of their use, whether electronic, computerized, digital, robotic, repetitive, automatic, mechanical and/or analogous, with the intention of automatic and/or repetitive reproduction of registrations, identical or not, which will also result in the nullity of all registrations and participations made by the user who has used one of the aforementioned means or for one of the aforementioned purposes, even if not all registrations or participations have resulted from the use of such means and/or were carried out with such purpose.
Additional promotion terms and conditions can be accessed here.
Binance reserves the right of final interpretation of this promotion.
There may be discrepancies in the translated version of this original article in English. Please reference this original version for the latest or most accurate information where any discrepancies may arise.
Thank you for your support!
Binance Team
2024-04-18