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How to Become a Binance Code Partner

2022-01-19 02:07
Distributors/Resellers 
P2P (Peer-to-Peer) Trade Merchant
Exchange Platforms/Brokers
Merchant
Distributors/Resellers 

What is Binance Code?

Binance Code is a prepaid crypto voucher that allows simple crypto transfer and exchange. Binance Codes can be purchased by both crypto and non-crypto users to simply deposit funds into their Binance account or other accounts that accept Binance Code as a form of crypto transfer.

What are the use cases and benefits of distributing Binance Codes?

As a Binance Code Distributor, the most common use cases and benefits include:
  • Profit from reselling Binance Code at any price or currency
  • Attract global crypto enthusiasts by providing customer rewards in Binance Code
  • Alternative salary payout and disbursement method
  • NFT/Token airdrops
  • Offline distribution for events

How to get started with Binance Code?

Step 1: Register a Binance Account and complete Identity Verification
Step 2: Prepare the funds in your Binance Funding Wallet
Step 3: Generate Binance Codes via API or bulk-create Binance Code via the Gift Card website
The daily Binance Code creation amount and quantity limits are as follows:
  • Amount limit: 2 BTC/24 hours
  • Creation limit: 200 codes/24 hours
Step 4: Distribute Binance Codes on your platform

How to distribute or resell Binance Codes?

A common example of the distribution process via Bulk Create:
Step 1: Deposit funds into your Binance Funding Wallet and bulk create Binance Codes.
Step 2: Receive Binance Code orders from customers and get paid in cash.
Step 3: Send pre-created Binance Code to customers.
Step 4: Customers redeem Binance Codes to crypto on Binance.
A common example of the distribution process via API:
Step 1: Set up Binance Code API and deposit funds into your Binance Funding Wallet.
Step 2: Receive Binance Code orders from customers and get paid in cash.
Step 3: Generate Binance Codes via Binance Code API and send them to customers.
Step 4: Customers redeem Binance Codes to crypto on Binance.

Frequently Asked Questions

1. How much can I resell Binance Codes?
Once you become a distributor of Binance Code, you can set your preferred selling price and earn profits.
2. How can I use Binance Code for customer rewards?
You may use the Binance Code as an incentive to engage regular customers. For example, you can replace customer loyalty/reward points with Binance Code, i.e., an airline company can convert customers’ miles into Binance Codes.
3. How to increase my daily limit for Binance Code creation amount and quantity?
If you would like to increase your daily Binance Code creation amount and quantity limits, please email giftcard@binance.com with your Binance UID connected to the Binance Code API or used to generate Binance Codes and your company/platform information. We will contact you in 7 working days with further instructions.
4. What cryptocurrency can I sell?
Binance Code supports the majority of cryptocurrencies listed in the Binance Funding Wallet. You can sell Binance Codes in any cryptocurrency we support.
5. Where can I sell the Binance Codes?
You can sell the codes using your distributor platforms and outlets.
6. Do you provide purchase invoices?
We do not provide invoices. To request Binance Codes, you can pay in crypto without any additional fees at the moment. Alternatively, if you prefer to pay in US dollars, we can assist you with the conversion.
7. Can I resell Binance Code as a co-branded gift card?
Please email giftcard@binance.com with your company profile and the distribution platform information for further discussion.

What is Binance Code?

Binance Code is a prepaid crypto voucher that allows simple crypto transfer and exchange. These Binance Codes can be traded and used on platforms outside the Binance ecosystem by both crypto and non-crypto users.

What is the benefit of trading Binance Code as a P2P trade merchant?

As a Binance Code P2P trade merchant, you can buy and sell crypto in Binance Code and benefit from crypto arbitrage. By expanding or starting your P2P trade merchant business, you can attract global crypto enthusiasts and increase traffic on your platform.

How to get started with Binance Code?

Step 1: Register a Binance Account and complete Identity Verification
Step 2: Prepare the funds in your Binance Funding Wallet
Step 3: Trade Binance Codes on your platform
Step 4: Generate and redeem Binance Codes via API or bulk create Binance Code via the Gift Card website
The daily Binance Code creation amount and quantity limits are as follows:
  • Amount limit: 2 BTC/24 hours
  • Creation limit: 200 codes/24 hours

How to buy and sell Binance Codes?

A common example of a P2P trade merchant selling Binance Codes:
Step 1: Your customers request a Binance Code and pay in cash.
Step 2: You request the code via API or generate it manually via the Gift Card website and send it to your customers.
Step 3: Your customers can redeem the codes on Binance or trade the codes on your platform.
A common example of a P2P trade merchant buying Binance Codes:
Step 1: Your customers sell Binance Codes on your platform.
Step 2: Your platform validates and redeems the code via API or redeems manually via the Gift Card website.
Step 3: You pay the customers via the agreed payment method.

Frequently Asked Questions

1. How can I benefit from Binance Code as a P2P trade merchant?
You can increase your sales revenue by reselling Binance Codes at a markup price, or buying Binance Codes from customers at a lower price. This crypto trading service can potentially attract a new customer base to your platform.
2. How much can I buy and sell Binance Codes?
Since you are selling and buying the codes, you can set the markup price as you like. You also get to keep 100% of the profit you earn.
3. How to increase my daily limit for Binance Code creation amount and quantity?
If you would like to increase your daily Binance Code creation amount and quantity limits, please email giftcard@binance.com with your Binance UID connected to the Binance Code API or used to generate Binance Codes and your company/platform information. We will contact you in 7 working days with further instructions.
4. Can users access their Binance Code on other platforms?
Yes. Each Binance Code represents a prepaid crypto voucher. The codes can be transferred or exchanged on platforms outside the Binance ecosystem.
5. What is the difference between a distributor and a P2P trade merchant?
Distributors are those reselling or disbursing Binance Codes with regular retail or corporate clients. P2P trade merchants are trading platforms that wish to make profits by crypto arbitrage. They can buy and sell cryptocurrencies via Binance code directly with other users in the preferred local currencies or payment methods.
6. What cryptocurrency can I buy or sell?
Binance Code supports the majority of cryptocurrencies listed in the Binance Funding Wallet. You can buy and sell Binance Codes in any cryptocurrency we support.
7. Where can I sell the Binance Codes?
You can sell them through your own platform and market them however you wish.

What is Binance Code?

Binance Code is a prepaid crypto voucher that allows simple crypto transfer and exchange. They can be used to deposit and withdraw cryptocurrencies on platforms outside of the Binance ecosystem.

What is the benefit of accepting and generating Binance Code as a Crypto Exchange/Broker?

As a Binance Code Exchange/Broker, you can increase your trading volume and customer base by adding an alternative method for your customers to deposit, transfer, or withdraw crypto to your platform. With Binance Code API, you can instantly generate and redeem codes for your customers and enable this service with your own commission rates and keep 100% of your profits.

How to get started with Binance Code?

Step 1: Register a Binance Account and complete Identity Verification
Step 2: Create a section on your platform for customers to deposit and withdraw crypto via Binance Code
Step 3: Download and set up Binance Code API to redeem or generate Binance Codes
The daily Binance Code creation amount and quantity limits are as follows:
  • Amount limit: 2 BTC/24 hours
  • Creation limit: 200 codes/24 hours
Step 4: Start accepting and generating Binance code from your customers

How to use Binance Codes for crypto deposit and withdrawal on my exchange/broker platform?

A common example of an exchange/broker facilitating crypto deposit via Binance Codes:
Step 1: Create a page to enable customers to enter the Binance Code and set up the "Redeem Binance Code" API
Step 2: Your customers enter the Binance Code on your page.
Step 3: Your platform validates the code via API. Once completed, the crypto will be credited to your Binance Funding Wallet.
Step 4: You deposit the fund to the customer’s wallet on your platform.
A common example of an exchange/broker facilitating crypto withdrawal via Binance Codes:
Step 1: Create a page to enable customers to request the Binance Code, set up the "Create Binance Code" API, and deposit funds into your Binance Funding Wallet.
Step 2: Your customers withdraw funds from your platform in Binance Code.
Step 3: You request the Binance Code via API and send it to your customers.
Step 4: Your customers can redeem the codes on Binance or use Binance Code to transfer crypto to other supporting platforms.

Frequently Asked Questions

1. How can I benefit from Binance Code as a Crypto Exchange/ Broker?
You can offer a simpler and cheaper way for your customers to deposit and withdraw crypto on your platform. This can attract more new users to use your platform.
2. What is the difference between a distributor and a P2P trade merchant with an exchange/broker?
Distributors are those reselling or disbursing Binance Codes with regular retail or corporate clients. P2P trade merchants are trading platforms that wish to make profits by crypto arbitrage. Exchanges/brokers are businesses that accept Binance Code as an alternative method for crypto deposit, transfer, or withdrawal.
3. What cryptocurrency can I accept and generate?
Binance Code supports the majority of cryptocurrencies listed in the Binance Funding Wallet. You can accept Binance Codes in any cryptocurrency we support.
4. Where can I accept and generate the Binance Codes?
You can accept and generate them on your platform via Binance Code API.
5. How to increase my daily limit for Binance Code creation amount and quantity?
If you would like to increase your daily Binance Code creation amount and quantity limits, please email giftcard@binance.com with your Binance UID connected to the Binance Code API and your company/platform information. We will contact you in 7 working days with further instructions.

What is Binance Code?

Binance Code is a prepaid crypto voucher that allows simple crypto transfer and deposit. They can be used to transfer crypto and top-up value on platforms outside of the Binance ecosystem.

What is the benefit of accepting Binance Code as a merchant?

As a Binance Code merchant, you can accept crypto in Binance Code for your existing product, service, or top-up function. Whether you are an e-commerce platform or a value top-up platform, accepting Binance Code will add flexibility to your existing customers and attract a new customer base.

How to get started with Binance Code?

Step 1: Register a Binance Account & complete Identity Verification
Step 2: Set up Binance Code API to redeem Binance Codes
The daily Binance Code creation amount and quantity limits are as follows:
  • Amount limit: 2 BTC/24 hours
  • Creation limit: 200 codes/24 hours
Step 3: Create a section on your platform for customers to transfer crypto or top-up via Binance Codes
Step 4: Start accepting Binance Codes from your customers

How to accept Binance Codes for my ecommerce or digital platform?

A common example of accepting Binance Code:
Step 1: Your customers will enter the Binance Code on your top-up or payment page in exchange for a service or product
Step 2: Your platform validates and redeems the code via API. Once completed, the crypto will be credited to your Binance Funding Wallet
Step 3: Your platform transfers or tops up the corresponding asset to your customers

Frequently Asked Questions

1. How can I benefit from Binance Code as a merchant?
Whether you are an e-commerce platform or a value top-up platform, accepting crypto in Binance Code will provide added flexibility to your existing customers and help attract a new customer base.
2. What cryptocurrency can I accept and generate?
Binance Code supports the majority of cryptocurrencies listed in the Binance Funding Wallet. You can accept Binance Codes in any cryptocurrency we support.
3. Where can I accept Binance Codes?
You can accept them on your platform via API.
4. How to increase my daily limit for Binance Code creation amount and quantity?
If you would like to increase your daily Binance Code creation amount and quantity limits, please email giftcard@binance.com with your Binance UID connected to the Binance Code API and your company/platform information. We will contact you in 7 working days with further instructions.