Important Updates on Binance Referral Program (2025-02-13)

This is a general announcement. Products and services referred to here may not be available in your region.

Fellow Binancians,

In our continuous commitment to enhancing your experience on our platform, Binance Referral is making a significant update to the token type for referral program rewards.

Starting from 2025-02-13, the default token for both commission rebates for referrers and  shared commissions for referees in the Referral Pro Mode (commission-based) will be USDC. This change ensures that users receive rewards in a widely accepted and stable asset, making it easier for them to use and manage their earnings. The update will be gradually implemented for all applicable users.  

This adjustment will apply to the following products:

• Spot Trading;

• Spot Trading Bots;

• Spot Copy Trading;

• Cross Margin Classic; 

• Cross Margin Pro;

• Isolated Margin;

• Portfolio Margin (Margin trades only); and

• API Trading (excluding Exchange Links).

Commission Conversion 

After the commission is generated, it will be calculated and converted to USDC on an hourly basis. The converted amount will be deposited into the user's Spot Account within 6 hours.

For example, if a referee trades between 14:00 and 15:00, the commission for that hour will be converted into USDC between 15:00 and 16:00, and will be deposited into the referrer's and/or referee's Spot Account on or before 21:00 that day.

For detailed information regarding the original commission token, quantity, conversion time and rate, and the USDC value of the converted commission, referrers can check under the [Commission Rebate] section. For referees, please check it under the [Share Commissions] subsection on the Referral Pro page.

Notes:

• Binance cannot guarantee a specific exchange rate. The rate will be determined by the prevailing rate at the time of conversion.

• If the amount of the commission (received by the referrer) or rebate (received by the referee) asset for a filled order, when multiplied by the exchange rate (Exchange Rate = Price of the Commission or Rebate Asset / Price of the Actual Distributed Asset), is lower than the minimum distribution threshold of 0.00000001 USDC , then the commission or rebate for that filled order will not be distributed.

• For delisted tokens or tokens with low liquidity, please note that conversion is not guaranteed. 

• There may be discrepancies between this original content in English and any translated versions. Please refer to the original English version for the most accurate information, in case any discrepancies arise.

Thank you for your support!

Binance Team

2025-02-13