Binance Futures Launches Referral Program

 Announcements    |      2019-12-13

Fellow Binancians,

We are excited to introduce the all-new Binance Futures referral program. 

Starting 2019/12/13, invite your friends to open a Binance Futures account and earn up to a 20% referral bonus on trading fees while providing your friends with a 10% discount. You earn, your friends save.

Refer Existing Binance Users

Existing Binance.com users that have yet to open a Binance Futures account may be referred to do so. Learn how to refer your friends to Binance Futures here

Custom Code

Make your own custom Binance futures referral code to share with your friends (3-16 alphanumeric characters).

Referral Program Details

Your BNB Balance

Your Base Referral Bonus Rate

Your Referral Bonus Rate

Your Friends’ Discount (Kickback) First Month Rate

< 500 BNB

20%

10%

10%

≥ 500 BNB

30%

20%

10%

 

Inviters will provide a portion of the commissions received from the trading fees of the friends they invite, as a “kickback”. The sharing rates for inviters are as follows:

  • If the inviter’s daily average BNB account balance is less than 500 BNB, their base referral bonus rate is 20%, of which they will share 10% with a friend, leaving the inviter with 10% commission.
  • If the inviter’s daily average BNB account balance is 500 BNB or more, their base referral bonus rate is 30%, of which they will share 10% with a friend, leaving the inviter with a 20% referral bonus.
  • Daily average BNB Balance Calculation Rules: here

Terms & Conditions:

  • All referral bonuses (both those received by inviters and those shared with their invited friends) are calculated in real-time and transferred to the respective Binance Futures accounts every hour.
  • The settlement asset of referral bonuses will be the same as the asset used to pay the fee.
  • Referral rates are calculated at 0:00 AM every day and updated at 1:00 AM (UTC)
  • The 10% "kickback" rate shared by the inviter will last for 30 days from the date of Futures account activation.
  • The referral bonus received for each referred user lasts 12 months from their respective days of registration then expires.
  • Binance reserves the right to extend the expiration period of referred users at its discretion
  • Liquidation fees are excluded and do not apply to the Binance Futures referral program.
  • There is no limit to the number of friends a single account can invite.
  • If the inviter's daily average BNB balance drops below 500 BNB, their base referral bonus rate will be reduced from 30% to 20%.
  • Referral bonuses and "kickbacks" to invitees will apply to futures trading fees on the invitee's main account and all its sub-accounts.
  • Binance may adjust the proportion of referral bonuses at any point and reserves the right to adjust the rules of the referral program.
  • Binance does not allow any user to self-invite through multiple accounts. If such activity is detected, all referrals will be cancelled and all referral bonuses and kickbacks for the invitee’s accounts will be cancelled.
  • Binance reserves the right to remove and/or cancel the referral bonuses of users found to be using offensive, misrepresentative and/or harmful custom referral codes.
  • Additional guidelines of cancelling referral: here

Important Notice:

Binance reserves the right to change the terms of the futures referral program at any time due to changing market conditions, risk of fraud, or any other factors we deem relevant.

Risk warning: Buying, selling, holding and partaking in futures trading of cryptocurrencies are activities that are subject to high market risk. The volatile and unpredictable nature of the price of cryptocurrencies may result in significant loss. Binance is not responsible for any loss that you may incur from price fluctuations when you buy, sell, hold and leverage cryptocurrencies.

Thanks for your support!

Binance Team

2019/12/13

 

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