When this happens, the Binance team sometimes shuts off new user registrations. If you aren’t able to sign up for an account, the exchange may be getting flooded with new applications.
#Binance referral code bonus registration
Once you click that link, as long as you’re signed into your user account, the registration should be complete and you can begin referring new customers. Or, click here to go directly to that page.
From there, click the “Join Binance Referral Program” link. Head over to the referral page on This page should have updates to the program as time goes on. Once you create an account on the exchange, becoming a part of the affiliate program is pretty easy once you know where to look. With that much attention on the industry, there’s still plenty money to be made as an affiliate. They’re getting coverage from the news, being casually discussed in conversations, and gaining wide traction among the masses. If the referral bonus program sounds like a great money-making opportunity to you, we can say there’s probably no better time than now to join and start referring users.Ĭryptocurrency exchanges are quickly becoming household names. Now let’s talk about how you can get in on the action. Even so, you can see how 20% of even just one large trade can add up to a good amount of money. In the past Binance has offered up to 50% commissions, but as they rapidly expand, the need to pay affiliates such high splits has decreased. If a Bitcoin trade is placed, the existing user will get a Binance referral reward of 20% of the fees, paid in Bitcoin. If the new customer made a Litecoin trade, the existing user would get a 20% cut of the trading fees payable in Litecoin. The referring customer will receive commissions in real-time as the trades are placed.Ĭommissions are paid out in the coin that was purchased during a trade. All the new customer has to do is sign up with a Binance referral id and start trading. How Binance referrals workīinance offers existing users a 20% cut of a new customer’s trading fees. The existing users will do the hard work for the exchange. By sacrificing a little profit from trading fees by shifting it to these users, the Binance exchange opens the door to an entirely new audience, all without having to spend additional capital on marketing and user acquisition. 
There are millions of Binance users that consistently and loyally use the platform. So to maximize their acquisition efforts, the company offers existing customers an opportunity to make money by referring their friends through the referral program. That said, it’s clear the company’s flagship product speaks for itself. This unlocks the door to altcoins that traders may not find elsewhere. They also provide trading support for quite a few coins that many other exchanges don’t. So if you buy the tokens now and they appreciate, you’re in theory getting discounted trading. Rather than pay fees in fiat currency or crypto, traders can offset the fees by using the exchange’s BNB tokens. The standard trading fee is already low at 0.1% (compared to 1% or more on Coinbase), but the company takes it a step further and offers discounts for traders using their own coin.īy using Binance Coin, or BNB for short, traders unlock even lower trades, usually around 0.05%.
Tap into their existing customer base and let the customers do their marketing through word-of-mouth.īinance already has a few main things that set them apart from the competition.įirst, their fees are some of the industry’s lowest. Offer a unique value proposition and hope customers choose them over a competitor. 
The more users an exchange gets, the more money that can be made on fees.īut with so much competition, an exchange may find it hard to grow and acquire new users. The booming cryptocurrency market is expanding at an incredibly rapid pace, leaving global exchanges hungry to get a cut of the action.
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