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What Are Binance Vouchers and How to Redeem
2022-08-18 01:19
Types of Vouchers
Redemption Guide
You may receive different types of Binance vouchers as activity rewards. Each voucher offers different perks, such as free tokens, VIP-level upgrades, and interest-free loans for Margin trading. Follow the step-by-step guide below to redeem your vouchers from the Rewards Hub.
Please note that all vouchers issued by Binance are non-transferable. They cannot be transferred to other users or between different accounts held by the same user (i.e., from a main account to a sub-account). Vouchers can only be redeemed from the issued account.
You should also redeem your vouchers before the expiry date. If a voucher expires, it will no longer be valid. You will not be able to extend the expiry date or exchange the voucher for any other rewards. It is your responsibility to redeem any vouchers allocated to you. Binance does not have any obligation to alert you of the upcoming or expiry of any voucher.
Different types of Binance vouchers
Depending on the activities and tasks, you may receive Token Vouchers, Trading Fee Rebate Vouchers, Platform Fee Rebate Vouchers, Futures Bonus Vouchers, Margin 0% Interest Vouchers, VIP Upgrade Vouchers, Flexible Trial Fund Vouchers, or Locked Trial Fund Vouchers.
Type of Voucher
Description
Token Voucher
Redeem free tokens to your Spot Wallet. You can use, transfer, or withdraw the tokens with no restrictions.
Enjoy a trading fee rebate on Spot, Cross Margin, Futures, Trading Bots (Spot Grid, Futures Grid, Rebalancing Bot, and Spot DCA), and NFT trading for a limited period.
You can redeem a trading fee rebate for:
Regular trades (Spot, Cross Margin, Futures, and NFT);
Redeem free tokens that can only be used as collateral in Futures trading. It is denominated in a specific cryptocurrency and can only be applied to coin-margined contracts quoted and collateralized in the same cryptocurrency.
Upgrade your VIP level for a limited period. Upon voucher expiration, your VIP level will revert to the original VIP level based on your trading activities.
Redeem trial funds for subscribing to specific Simple Earn Flexible Products. The funds cannot be withdrawn or transferred, but you can enjoy the daily rewards generated by the subscribed product for a limited period.
Redeem trial funds for subscribing to specific Simple Earn Locked Products. The funds cannot be withdrawn or transferred, but you can enjoy the daily rewards generated by the subscribed product for a limited period.
From time to time, Binance may provide you with certain bonuses in the form of Futures bonus vouchers (Bonus Vouchers).
Once you receive your Bonus Voucher, you need to redeem it before its expiry date. If a Bonus Voucher expires, it will no longer be valid. You will not be able to extend the expiry date or exchange the Bonus Voucher for any other rewards. It is your responsibility to redeem any Bonus Voucher allocated to you. Binance does not have any obligation to alert you of the upcoming or expiry of any Bonus Voucher. Once redeemed, the relevant bonus will be credited to your Futures Wallet. Please note that Bonus Vouchers can only be applied towards trading on the Binance Futures trading platform and cannot be applied to other products available through the Binance ecosystem. If no Futures trades are made within a certain time period after redeeming a Bonus Voucher, Binance reserves the right to reclaim the bonus from the user’s account.
A bonus will be credited into your Futures account once the Futures Bonus Voucher is redeemed. You can check the bonus distribution from [Wallet] - [Futures].
Bonuses are denominated in a specific cryptocurrency and can only be applied to coin-margined contracts quoted and collateralized in the same cryptocurrency. For example, BTC bonus only applies to BTC-margined contracts. It cannot be applied to the accumulated PNL incurred from trading other coin-margined contracts.
Sub-accounts are not eligible for Bonus Voucher redemption.
Bonuses can only be used on the Binance Futures trading platform. Once redeemed, you cannot transfer it to other wallets.
Binance reserves the right to cancel or amend the promotion rules at its sole discretion.
To comply with local regulations, certain Rewards Hub features may not be available in your region.
Binance reserves the right to the final interpretation of the terms and conditions of using Futures Bonus Vouchers.
Bonuses can be used as collateral for Futures trading.
Any losses incurred during Futures trading can be offset against the bonus amount.
Any profits generated by the bonus voucher can be withdrawn.
The bonus amount cannot be withdrawn. It will be retained in the user’s Futures Wallet until the following condition is met:
Bonus Amount + Net Realized PNL ≤ 0
“Net Realized PNL” excludes the Insurance Clearance, commission, and funding fees.
Risk warning: Futures trading is a highly risky endeavor, with the potential for both great profits and significant losses. Please be aware that in the event of extreme price movement, there is a chance that all margin balance in your Futures wallet may be liquidated.
Binance may provide you with certain rebates in the form of token vouchers (Token Vouchers) from time to time.
Once you receive your Token Voucher, you'll be able to see its face value, expiry date, and applied products in the [Rewards Hub].
If you haven't opened a corresponding account, a pop-up will appear to guide you to open an account when you click [Redeem].
If you already have a corresponding account, a pop-up will appear to confirm the voucher redemption process. Once successfully redeemed, you can proceed to your corresponding account to check the balance.
You need to redeem Token Vouchers before their expiry date. If a Token Voucher expires, it will no longer be valid and you will not be able to extend the expiry date or exchange the Token Voucher for any other rewards. It is your responsibility to redeem Token Vouchers allocated to you. Binance does not have any obligation to alert you of the upcoming or expiry of any Token Voucher.
Binance may, as a gesture of goodwill, provide you with certain rebates in the form of Trading Fee Rebate vouchers (Trading Fee Rebate Vouchers) from time to time.
You need to redeem Trading Fee Rebate Vouchers before their expiry date. If a Trading Fee Rebate Voucher expires, it will no longer be valid and you will not be able to extend the expiry date or exchange the Trading Fee Rebate Voucher for any other rewards. It is your responsibility to redeem any Trading Fee Rebate Voucher allocated to you. Binance does not have any obligation to alert you of the upcoming or expiry of any Trading Fee Rebate Voucher.
Binance may issue a user with a VIP upgrade voucher (VIP Upgrade Voucher) depending on the trading activity on the user’s account. Once a VIP Upgrade Voucher is redeemed and activated, users will have their Binance VIP level upgraded and will be able to enjoy the VIP benefits during the applicable reward period. Users will be able to see their new VIP level within their account Dashboard and Fee Schedule page.
Please note that VIP 9 is the highest level a user can reach.
If a user has already reached that level, the user won’t be able to redeem any VIP Upgrade Voucher.
Any upgrade will always be limited to VIP 9 (e.g., VIP 8 + “VIP+2” voucher = VIP 9).
Users can only activate one VIP Upgrade Voucher at a time. If a VIP Upgrade Voucher is already active, they will not be able to redeem any further VIP Upgrade Voucher during the same period.
Users need to redeem each VIP Upgrade Voucher before the applicable expiry date. If a VIP Upgrade Voucher expires, it will no longer be valid and Binance will not be able to extend the expiry date or exchange the voucher for other rewards.
Upon voucher expiration, the user’s VIP level will revert back to the original VIP level based on their trading activities.
For more information, please refer to the following pages:
In order to comply with local regulations, certain features may not be available in your region.
How to redeem Binance vouchers?
Please note that in order to comply with local regulations, certain Rewards Hub features may not be available in your region.
Log in to your Binance account and go to [Profile] - [Rewards Hub].
You will see all the available tasks and rewards here.
Important note: Please redeem the voucher before it expires, and read the voucher rules carefully before redeeming. Some vouchers are only applicable to certain Binance products.
Via distribution
1. After the activity ends or when you’ve completed a task, the reward voucher will be automatically distributed to your account. You will be notified when the voucher is ready.
2. Go to [Rewards Hub] - [More] to view your vouchers. Under the [Ongoing] tab, scroll down and find the voucher you want to use. You can click the [i] button on the voucher to view more details, including its face value, expiry date, applicable products, and terms and conditions.
3. Click [Use] on the voucher.
4. Click [Use Reward] to confirm.
Via voucher codes
You may also redeem vouchers using the voucher codes.
1. Go to [Rewards Hub] - [More]. Under the [Ongoing] tab, click [Voucher Code].
2. Enter the code and click [Claim Voucher] to redeem.
Please note that each code can only be redeemed once per user.
Via Points
1. To redeem rewards using Points, click [Rewards Shop].
2. You can view all the available rewards here. Click [Claim] to claim a reward with Points.
3. The Points will be deducted from your Points balance once you successfully claim it. You can view all your claimed rewards on the [My Vouchers] page.
For specific voucher redemption guides, please visit:
