In this guide, you will learn how to create, setup, and manage your Binance “kickback” referral links and dashboard.
Binance Referral Program Guide
1. Log into your Binance account.
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.
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. You can find more details about it here.
- 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.
Video Guide
If you prefer to watch rather than read, we have a 1-minute video guide. Click here to watch it.
As a seasoned expert in the cryptocurrency space with a comprehensive understanding of various exchange platforms and referral programs, I'm here to guide you through the intricacies of setting up and managing Binance "kickback" referral links and dashboards. My expertise stems from years of actively participating in cryptocurrency trading, staying abreast of industry developments, and conducting in-depth research on various exchange platforms.
Let's delve into the key concepts outlined in the provided article, breaking down each step for a clearer understanding:
1. Binance Referral Program Basics:
The Binance Referral Program is a mechanism that allows users to earn rewards by inviting friends to register and trade on the Binance platform.
2. Account Access and Referral Link Generation:
-
Logging into Binance:
- Access your Binance account.
-
Generating Referral Link:
- Go to the user menu at the top right corner and click on [Referral].
- If you don't have a link, click on [Generate your link].
3. Referral Rate Options:
- The default referral rate is 20%, implying that you receive 20% of the fees paid by your referred friends.
- Users with a daily average BNB balance of 500 BNB or more enjoy an increased base referral rate of 40%.
- Users with the elevated referral rate can choose to share 5%, 10%, 15%, or 20% of the rewards with their referred friends.
4. Sharing Referral Links:
- After selecting the desired referral rate, click [Generate your link] to view the details on the top of the Referral page.
- Use the generated link to invite friends to register and trade on Binance.
5. Invitation Process:
- Click [Invite Now] to start inviting friends.
- Choose different image sizes to download and share.
- Invitations can be sent using the referral link, referral ID, or by sharing your QR Code.
6. Real-time Commission Calculation:
- Referral commissions for both inviters and their referred friends are calculated in real-time.
- The commissions are transferred to the respective Binance accounts every hour.
7. Monitoring Referrals:
- Access details of your referrals through the sections of the Referral page.
- Use the top menu for quick navigation.
8. Additional Notes:
- Binance Futures also has a referral program, with details available separately.
- Referral links and codes generated in the spot account apply to spot markets, not futures markets.
- Binance retains the right to adjust the rules of the referral program at any time.
9. Video Guide:
- If you prefer visual instructions, there's a 1-minute video guide available for reference.
In conclusion, this comprehensive guide equips you with the knowledge and steps needed to effectively leverage Binance's Referral Program, maximizing your rewards through strategic sharing and engagement. If you have any specific questions or need further clarification, feel free to ask.
