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With the Binance referral program, every new person you refer to join the platform is an opportunity to earn a rebate voucher or a commission. The exchange will give you a 100 USD trading fee rebate voucher when your referral signs up and trades within 14 days of registration. However, your referral will need to spend at least $50 on the trade for you to qualify.
The 100 USD trading fee rebate voucher is one way to earn with the Binance referral program. Another way would be to earn commissions from the trading fees when your referral participates in spot, margin, and futures trading.
The Binance Referral Program Lite and Pro Modes
Binance has two primary modes in its referral program. The referral lite mode is where you’ll receive the 100 USD trading fee rebate, while the pro mode offers a cut of the trading fees on spot, margin, and futures trades.
Note that you can only use one mode to refer a user to the exchange. While the referral lite mode offers a one-time reward, the referral pro mode offers ongoing rewards on trades that incur a trading fee. You can also get up to a 50% commission rate with the latter.
How to Refer and Earn with the Lite Mode
First, open your referrals page and select the “Referral” mode. Then, share your referral link or code to invite your friends to sign up. All your friend has to do is register with your link/code and make cumulative purchases worth 50 USD within 14 days. With that, you’ll receive the one-time 100 USD trading fee rebate voucher.
How to Refer and Earn with the Pro Mode
Visit the referrals page and select the “Referral Pro” mode. Share your code/link with your friends. With that done, you’ll earn commissions from the trading fees paid by your referred friends.
