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Frequently Asked Questions on Binance Referral Mode

Frequently Asked Questions on Binance Referral Mode

2022-11-18 14:29
1. I have referred a friend to register a Binance account using my referral link, when can I receive the $100 trading fee rebate voucher?
When your referred friend completes cumulative deposits of more than $50 within 14 days after registration, both you and your referred friend will receive a $100 equivalent trading fee rebate voucher within 48 hours.
To redeem your voucher, you must complete Identity Verification. The voucher should be redeemed within 7 days via [Rewards Hub] after distribution. Otherwise, the voucher will expire.
2. My friends has completed the requirement of the $50 trade deposit, why have I still not received the reward?
The below situations may be the reason for not receiving your referral rewards;
1) The reward distribution is still in progress. Kindly note that the rewards will be distributed within 48 hours after your referred friends complete the deposit task.
For example, your referred friend completes the deposit task at 2024-07-25 14:00 (UTC), the rewards for both of you will be distributed before 2024-07-27 14:00 (UTC). So please check again after 2024-07-27 14:00 (UTC).
2) Your referred friends didn’t complete the deposit task via the channels we support. The deposit channels we support are as follows;
Please note that any deposit via a third-party payment method or internal transfer from another Binance account will not be counted towards the user’s deposit volume.
3) Your referred friends didn’t complete the deposit task within 14 days after registration. The task completion which is done after 14 days from your friend registers Binance account, can’t be verified as valid.
4) The deposit amount is equal or less than $50. Please note that only deposit amounts over $50 can be seen as the task completion.
5) Your referred friends fail to pass the risk assessment. 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.
3. How can I use the Trading Fee Rebate Voucher?

After receiving the Voucher, go to [Reward Hub] to redeem it within seven days. Please note that all the Trading Fee Rebate Vouchers are valid for 14 days once activated. Following activation, the rebate earned from trading fees will be distributed to the user’s spot account before 23:59:59 of the next day.

Effective September 19, 2024, the $100 USD trading fee voucher obtained through the Referral Mode will no longer be applicable for API trading.

To learn more on how to redeem your voucher, please refer to How to Redeem Trading Fee Rebate Voucher and Platform Fee Rebate Voucher.
4. Are there any limitations of the rewards I can get?
As a new referral who registers via Referral Mode and completes the deposit task, this new referral can only get a $100 trading fee rebate voucher for one time as a new referral.
If this new referral wants to get more $100 trading fee rebate vouchers, this user can start his/her own referral journey as a referrer to invite their friends to Binance. The more friends to invite, the more vouchers the user can get. As referrer, there is no limitation on how many vouchers one can get.
5. Can I still receive the commission rebate from my referred friends invited by Referral Mode?
No, you can’t. Each user can only be invited by one mode. If you invite your friends with your Referral link, then you can’t get commission rebates from these friends. Conversely, if you invited your friends with your Referral Pro link, then you will get commission from your referred friend’s trading, yet both you and your referred friends won’t get a $100 trading fee rebate voucher as rewards.

For more detailed Terms and Conditions of the Binance Referral program, please refer to this page.
Disclaimer: Digital asset prices are subject to high market risk and price volatility. The value of your investment can go down or up, and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. Past performance is not a reliable predictor of future performance. You should only invest in products you are familiar with and where you understand the risks. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser prior to making any investment. This material should not be construed as financial advice. For more information, see our Terms of Use and Risk Warning.