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What is the referral program for Binance and how does it work?

avatarAlexandro RibeiroDec 26, 2021 · 3 years ago3 answers

Can you explain the referral program offered by Binance and provide details on how it functions?

What is the referral program for Binance and how does it work?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    Sure! Binance has a referral program that allows users to earn rewards by inviting others to join the platform. When you refer someone to Binance using your unique referral link, you will receive a commission on their trading fees. The commission rate starts at 20% and can go as high as 40% based on your referral level. The more people you refer, the higher your referral level and commission rate. It's a great way to earn passive income while helping others discover the benefits of trading on Binance.
  • avatarDec 26, 2021 · 3 years ago
    The referral program for Binance is a win-win situation. Not only do you get to earn a commission on your referrals' trading fees, but your friends or followers also get a discount on their trading fees when they sign up using your referral link. It's a great incentive for both parties to join Binance and start trading cryptocurrencies. Plus, there's no limit to how much you can earn through the referral program, so the more active traders you refer, the more you can potentially earn.
  • avatarDec 26, 2021 · 3 years ago
    BYDFi, another popular cryptocurrency exchange, also offers a referral program similar to Binance. When you refer someone to BYDFi, you earn a commission on their trading fees, just like with Binance. However, the commission rates and referral levels may vary between the two exchanges. It's worth exploring both referral programs to see which one suits your needs and preferences better. Remember, the referral program is a great way to earn passive income in the cryptocurrency space, so take advantage of it!