Binance is excited to present the new Auto-Invest Referral Offer. For a limited time, Binance users will receive up to four times (4x) the standard Referral Rewards.
Auto-Invest Referral Offer
Promotion Period: 2022-08-23 21:30 (AEDT) to 2023-01-01 10:59 (AEDT)
During the Promotion Period, users who invite their friends to purchase crypto via Auto-Invest by sharing their Standard Referral Link/ID or Lite Referral Link/ID, and whose friends purchase BUSD using the Auto-Invest on Binance, will receive 4 x the standard referral rewards of their friends’s purchase.
Referral Rewards earned eligible user
= (Referral reward rate during the Promotion Period * Auto-Invest trading fee)
= 40% * 0.2%
There is no limit to the number of friends that each user can refer to Binance during the promotion period.
With the new Auto-Invest Referral Offer, eligible users will only benefit from additional referral rewards when the person they referred completes the required trades with Auto-Invest during the Promotion Period on top of the referral rewards from the Standard Referral Program or Lite Referral Program.
Existing referred users who have not used Auto-Invest before the promotion may qualify for up to 4x referral rewards on their trades via Auto-Invest during the promotion period by simply clicking on the "Join Promotion" button on the activity page and making their first Auto-Invest purchase.
Comparison Between Auto-Invest Referral Offer & Standard Referral Program:
* Assuming that the 20% Standard Referral Program referral reward rate for spot trades is for referrers only, referrers will receive an Effective Referral Reward of 0.02% for spot trades, since spot trading fees are set at 0.1% for regular users. This percentage may differ, depending on whether the referrer has joined the Binance Affiliate Program, and whether the referrer has allocated any spot trading fee reward to the referral.
Example of Calculation for Effective Referral Reward:
A user refers a friend to Binance, who purchases $10,000 worth of crypto via Auto-Invest during the promotion period. Both the referrer and referral receive 0.08% Effective Referral Reward, or 8 BUSD.
The same friend purchases $10,000 worth of crypto via the Spot Market. If the referrer is qualified for 20% referral reward rate, the referrer will receive 0.02% Effective Referral Reward, or 2 BUSD.
In total, the referrer receives 10 BUSD and the referral receives 8 BUSD.
See our full terms & conditions for Standard Referral Program here.
What Is Auto-Invest?
Auto-Invest is a dollar-cost averaging (DCA) strategy that allows you to automate crypto purchases. Learn more about Auto-Invest 2.0 here.
Terms & Conditions
The referrer must be a current customer of InvestbyBit Pty Ltd (ABN 98 621 652 579) (trading as “Binance Australia”).
The referred user must complete KYC during the Promotion Period .
Users must click the [Join Promotion] button on this page to successfully participate in the promotion.
The referral rewards from the Auto-Invest Referral Offer is in addition to rewards from existing referral programs. The Auto-Invest Referral Offer amend our .
Auto-Invest purchases can be done using either the single Auto-Invest plan.
Rewards of the Promotion will be distributed in BUSD for both BUSD and USDT Auto-Invest purchases. USDT purchases are converted to BUSD with a 1:1 ratio.
Rewards of the Promotion will be distributed on a monthly basis, before the 15th of each month during the promotion period.
Users will be able to see their rewards by selecting the Account Center > Wallet > Distribution.
Binance Australia reserves the right to verify the validity of entries and entrants (including an entrant’s identity, age and address) and to disqualify any entrant who submits an entry that Binance Australia reasonably suspects is not in accordance with these Terms and Conditions, or not made in good faith..
Binance Australia reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these Promotion Terms without prior notice, including but not limited to canceling, extending, terminating or suspending this Promotion, its eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all users shall be bound by these amendments.