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Introduction to the Binance Referral Program

Introduction to the Binance Referral Program

2024-08-06 16:09
Introduction
Referral Mode Guide
Referral Pro Mode Guide
Introduction
The Binance Referral Program allows existing Binance users a chance to earn rewards when inviting their friends to join and trade on Binance. There are two types of referral modes available: Referral and Referral Pro. Click each section below to learn more.

It is important to note that new users are entitled to one referral mode only. If a new user registers for a Binance account via Referral mode, they will not be eligible to sign up again using Referral Pro mode.

1. What is Referral mode

Referral mode (previously called ‘Lite Referral’ mode) is a way for existing Binance users to earn rewards by inviting friends to join Binance. When a friend you’ve invited via Referral Mode successfully registers for a Binance account and makes a deposit worth more than 50 USD within 14 days of registration, you’ll both receive a 100 USD equivalent trading fee rebate voucher as a one-time reward.
To learn how to earn rewards using Referral mode, click to view the “Referral Mode Guide” tab on this page.

2. What is Referral Pro mode

Referral Pro mode (previously called ‘Standard Referral’ mode) is a way for existing users to receive commission from the trading fees of their referred users. For every new user successfully referred to Binance via the Referral Pro Mode, the referrer will receive a cut of the trading fees paid by the referred user on Binance Spot, Margin and Futures.
Please note: Each new user can only be referred to Binance via one referral mode. If a new user has already registered for a Binance account via Referral Mode, the referrer will not be eligible for any commission rewards from this referral under Referral Pro Mode.
To learn how to earn rewards using Referral Pro mode and commission structures, click to view the “Referral Pro Mode Guide” tab on 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.
For more detailed Terms and Conditions of the Binance Referral program, please refer to this page.

How to earn rewards from Referral Mode?

Step 1: Visit the Binance referrals page and select [Referral] mode
Step 2: Share your referral link/code with friends to invite them to sign up with Binance.
Step 3: Once your referred friend registers for a Binance account, completes Identity Verification, and makes accumulative deposits worth more than 50 USD within 14 days after registration, you’ll each receive a 100 USD equivalent Trading Fee Rebate Voucher
Once referred, your friend can make their deposit using any of the following channels:
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.

Rewards distribution

Both you and your referred friend will be eligible for a $100 trading fee rebate voucher when your referred friend completes the aforementioned deposit task.
The voucher will be distributed within 48 hours after the completion of the deposit task. This $100 trading fee rebate voucher can only be used for offsetting Spot trading fees.

After distribution, the voucher should be redeemed within 7 days and be valid for 14 days after activating. Refer to How to Redeem Trading Fee Rebate Voucher and Platform Fee Rebate Voucher to get more information about trading fee rebate voucher.
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 about Referral Mode, please visit Frequently Asked Questions on Referral Mode.

How to earn commission from Referral Pro mode

Step 1: Visit [referral] page and select [Referral Pro] mode
Step 2: Share your referral link/code with friends to invite them to sign up with Binance.
Step 3: Receive the commission from the trading fee paid by your referred friend.
Commission Structure - Spot
Inviter’s Daily BNB Balance
Total Commission Rate of the Inviter
Inviter’s commission rate
Invitee’s rebate rate
< 500 BNB
20%
20%
0%
15%
5%
10%
10%
≥ 500 BNB
≥40%
40%
0%
35%
5%
30%
10%
25%
15%
20%
20%
For Inviter with Daily Average BNB Account Balance Less Than 500 BNB:
  • Base Referral Pro Rate: 20%
  • Sharing Options: You can choose to share 0%, 5%, or 10% of your referral commission with the friends you invite.
  • For Inviter with Daily Average BNB Account Balance of 500 BNB or Above:
    • Base Referral Pro Rate: 40%
    • Sharing Options: You can choose to share 0%, 5%, 10%, 15%, or 20% of your referral commission with the friends you invite.
  • For more details, please refer to BNB Balance Calculation.
  • The inviter is eligible to receive referral commissions from invitees who are regular users or those within the VIP 1-2 tiers. Referral commissions will be discontinued for all referred users who reach VIP 3 or higher.
  • For more details, please refer to the Spot referral rules.

Commission Structure - Futures

Inviter’s Daily BNB Balance
Total Commission Rate of the Inviter
Inviter’s commission rate
Invitee’s rebate rate
<500 BNB
20%
10%
Up to 10%
≥ 500 BNB
30%
20%
Up to 10%
Notes:
  • Futures referral limitations:
    • For the inviter, they can receive futures commission from their referred users for 12 months from the day the referred users open their Futures accounts.
    • For the referred user, they can enjoy the shared commission from the inviter for 30 days from the day of opening their Futures account.
  • The inviter can only receive the commission from regular users or VIP1 invitees.
  • Inviters can adjust the rebate rate for their invitees within a range of 0% to 10% at any time. If the inviter sets a 0% rebate rate, invitees will not receive a rebate on their futures trading fees during their first month. Any changes to the rebate ratio by the inviter will be applied immediately and uniformly to all invitees.
  • The spot commission and rebate rates for users referred through a Futures referral link are determined by the rates set on the 'default' Spot referral pro link.
  • For more details, please refer to the Futures referral rules.