How to Create and Use Binance Exchange Referral Program

Binance Referral Program Guide

In this guide, you will learn how to create, setup, and manage your Binance “kickback” referral links and dashboard.

How to use the Binance Referral Program

If you don’t have an account, please read the article and follow the instructions

❗❗❗ What is Binance | How to Create an account on Binance (Updated 2021)

2. Go to the user menu at the top right corner and click [Referral].

3. If you don’t have a link, click on [Generate your link].

4. The default referral rate is 20%, meaning that you get 20% of the fees paid by the friends you refer. However, you can choose to share 0%, 5%, 10%, 15% or 20% of the rewards with your friends.

Accounts with a daily average BNB balance of 500 BNB or more will have their base referral rate increased to 40%. These accounts can choose to share 5%, 10%, 15% or 20% with the friends they invite.

5. In this example, we chose to share 5%. When you click Generate your link, you will see all the details on the top of the Referral page.

Referral your link: 28551372

6. Now you are ready to invite friends to register and trade on Binance.

7. Click [Invite Now] to start inviting. You can choose different image sizes to download and share.

8. You can invite your friends using the referral link, the referral ID, or by sharing your QR Code.

9. Once invitees successfully register at Binance and start trading, referral commissions (both those received by inviters and those shared with their invited friends) are calculated in real-time and transferred to the respective Binance accounts every hour.

10. You can check the details of your referrals by navigating through the sections of the Referral page. You can quickly access them using the top menu.

Notes

Binance Futures also has a referral program.
Referral links and referral codes generated in the spot account only apply to spot markets, and do not apply to futures markets.
Binance reserves the right to adjust the rules of the referral program at any time.

☞ Binance Guides: Generating a “Kickback” Referral Link

Binance Referral Program Upgrade - Earn Both Spot & Futures Commission From New Referrals

Binance has linked the trading fee commission for both the Spot and Futures referral programs on 2020/05/11 4:00 PM (UTC).

For every new user successfully referred to Binance, the referrer will receive a commission on fees anytime the new referred user trades on any of Binance’s spot or futures markets. This means you can now freely invite users via either a spot referral link or futures referral link and receive the commission from both.

Example A:

User A invites User B via a Spot referral link. User A now receives a referral commission on User B’s trading fees anytime they trade on any of Binance’s spot or futures markets.

Example B:

User A invites User B via a Futures referral link. User A now receives a referral commission on User B’s trading fees anytime they trade on any of Binance’s spot, margin or futures markets.

The rates of commission and kickback/discount set for each is as below:

Spot:

If the inviter’s daily average BNB account balance is less than 500 BNB and their base referral rate is 20%, they can choose to share 0%, 5% or 10% with the friends they invite.
If the inviter’s daily average BNB account balance is 500 BNB or more, their base referral rate is increased to 40%, and they can choose to share 0%, 5%, 10%, 15% or 20% with the friends they invite.
Spot affiliates base referral rate is increased to 41-50%, and they can choose to share 0%, 5%, 10%, 15% or 20% with the friends they invite.
The spot rate of commission and kickback for a user referred through a future referral link is set as per the rate set on the ‘default’ spot referral link.

Futures:

If the inviter’s daily average BNB account balance is less than 500 BNB, their base referral rate is 20%, of which they will share 10% with a friend, leaving the inviter with 10% referral bonus
If the inviter’s daily average BNB account balance is 500 BNB or more, their base referral rate is 30%, of which they will share 10% with a friend, leaving the inviter with a 20% referral bonus.
Futures affiliates base referral rate is 40%, of which they will share a 10% discount for the first 30 days with a friend, leaving the inviter with a 30% referral bonus.

Notes:

The linking of commissions does not apply to users referred to Binance via the spot or futures referral program prior to 2020/05/07 1:00 PM (UTC).
The default link for spot commission can be viewed in the top left-hand corner of the spot referral landing page and changed at any time by clicking ‘default’ on any of the available links.
If a user registers an account from a futures referral link, their spot referral rate will be determined by the default link for spot commission. If the inviter later changes their default link to another link with a different spot commission ratio, the user will retain the spot referral rate applied at the time of account registration.
Spot and Futures referral invitation data may still be viewed on their respective landing pages. Spot referral landing page & Futures referral landing page.
To earn both spot and futures commission when referring a friend you will need to ensure you have first opened a futures account yourself. If you refer a friend using your spot referral link, but you have not yet opened a futures account yourself, then you will only earn a commission from their spot trading fees.
Referral rules for both the spot and futures programs remain unchanged.
Binance Spot referral program rules.
Binance Futures referral program rules.

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