How does the Binance referral program work for cryptocurrency traders?

3 answers

• Mạnh LưuOct 31, 2024 · 10 months ago
  Sure! The Binance referral program is a way for traders to earn rewards by inviting others to join the platform. When you refer someone to Binance using your unique referral link, you can earn a commission on their trading fees. This can be a great way to earn passive income while also helping others discover the benefits of trading on Binance. The more people you refer, the more you can earn!
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• Anushika GuptaJan 29, 2022 · 4 years ago
  The Binance referral program is a win-win for both the referrer and the person being referred. As a referrer, you can earn up to 40% of the trading fees paid by the people you refer. This can add up to a significant amount if you refer a large number of active traders. On the other hand, the person being referred also benefits by receiving a 10% discount on their trading fees for the first 30 days. So it's a great incentive for both parties to participate in the referral program.
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• Kevin KohJun 04, 2021 · 4 years ago
  BYDFi is another cryptocurrency exchange that also offers a referral program. Similar to Binance, BYDFi allows traders to earn commissions on the trading fees of their referrals. However, the specific details of the BYDFi referral program may vary, so it's best to check their website for more information. Overall, referral programs can be a great way for traders to earn extra income and benefit from the growth of the cryptocurrency market.
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