Binance Referral Program
Have you ever thought about how you can improve certain circumstances through Blockchain, Bitcoin and Binance? If yes, then there’s a special program to answer that question for you. Binance Referral Program allows the affiliates to earn crypto by referring to their acquaintances. Before we take a further dive into this topic, it's better to know quick facts about Binance exchange.
Overview of Binance Exchange
Binance started back in mid-2017, the time when the entire crypto market was on the rise. Within just a few short months, the exchange managed to outperform Poloniex and Bittrex (which were hugely popular at that time) in daily volume count. By early 2018, Binance was ranked as the most popular crypto exchange has more than 100 different cryptocurrencies on the platform. As of today, there are more active traders on Binance than any other exchange. Binance has also been examined by few analysts and it has been proven that unlike many other exchanges, they don't fake their daily volume data through wash-trading.
What is The Referral Commission for Binance Referral Program?
Binance comes with a package of new coins being updated into their program, every now and then. This assists them to keep up with the requirements of the market. Recently Binance has grown dramatically in terms of it's user-base, making a significant change in the world of cryptocurrency. At this point in time, It is undoubtedly the most popular crypto exchange among traders. In recent updates, Binance reduced their referral commissions from 50% to 20%. Currently, it's hovering at 40%.
Binance Referral Program
The process itself is very simple, you can create a Binance account by registering yourself to the platform using your email address. Once you sign up to the exchange, you'll receive a confirmation email which you need to be verified. Upon logging in, you may easily locate your referral ID. This referral ID can be used to invite your friends, relatives and anyone interested in crypto trading. By following these simple steps, you can easily earn 40% of all commission fees earned by Binance through your referrals.
That being said, it's important to ensure the safety of your account by enabling the two-factor authentication from the settings section.
What Are The Terms and Conditions for the Binance Referral program:
- As per the new updates, Binance is offering 40% commission rate (from your referral's trading fees) and Binance has a right over it, they can decrease and increase these rates on their will, depending on the situation.
- Apart from that, in order to gain a referral bonus, the user is required to sign up to the affiliate program using his referral ID or link, that they are provided with.
- Binance has proven to be a proactive service that pays commissions instantly in real-time without any delays, upon referee completion.
- As we all are already aware of crypto scams, Binance has taken a step to limit this issue. The exchange will automatically reject all referrals that are found out to be duplicate and fake. Fake affiliates won't be able to earn any rewards.
- As for the most common question often asked by the users, what's the limit? There is none. The user can invite as many people as possible and would be able to enjoy rewards for all those referrals.
- Binance has all the authority to change rules and restrictions, even end the program.
How Can You Earn Commission with the Binance Referral Program?
Once someone signs up to Binance using your referral link and registers themselves as authentic users, you will receive an auto-generated commission for their trades. The more referrals you have, the more opportunities you will have to avail commissions. However, It does not end here. Your referrals will also be able to enjoy a 20% discount on their trading fees. You can even add your referral links to different social media platforms, reaching out for a wider audience. A banner ad is also an option for crypto bloggers who are willing to direct their visitors to Binance exchange. Creating content related to Binance and publishing it on your blog will certainly help you to attract more referrals.
What Are The Benefits for a Registered User of Binance?:
There are several benefits that come along with the service, especially if your business invests in cryptocurrency and strives with it. You will be able to keep up with the daily updates of cryptocurrency statistics and trading your desired coins and tokens. Binance referral program will allow you to cater your needs even more because lesser trading fees will allow you to profit more effectively without facing any hindrances within the service.
As I've already mentioned that Binance is currently ranked as number 1 crypto exchange with millions of users from all over the world, this is enough to prove that they are running a pretty well-organized business while maintaining customer satisfaction. In this growing world where everything is in constant movement and enhancement, it is best to keep up with everything. This can only be achieved by availing services that focus primarily on today's problems. One of such problems is the ability to maintain large sums of money in your exchange account. Binance tackles this problem by offering the users, a world-class account security feature - making them invulnerable to all major types of attacks.
If you're willing to continue crypto trading on a long term without having to worry about the safety of your funds, It is best to create an account on Binance exchange and enjoy the improved experience and extra benefits by taking part in their referral program. It will be a win-win situation for both the company and you.
Cryptocurrency has become a huge part of our lives, it will only be a matter of time that real money in physical form would be gone, completely. It is already taking place since we no longer carry our wallets but rather credit and debit cards to make things much easier. You merely need a membership that can be adjusted according to your needs and Binance has proven itself to be one such option.
Interested in other ways of making money? Check out: 200+ Ways To Make Money Online!