Liquid Swap Articles - Binance Blog

Coming Soon: The CR7 NFT Collection

The legend is coming to Binance. <img src="https://public.bnbstatic.com/image/cms/blog/20221114/63533109-a654-43ea-9a25-c10b13ae8da9"><a target="_blank" rel="noopener noreferrer nofollow" appurl="" href="https://accounts.binance.com/en/register?ref=RONALDO" customevents="[object Object]">Sign up with referral ID RONALDO!</a>Please be sure to use the referral code for your surpriseThe CR7 NFT collection — available exclusively on <a target="_blank" rel="noopener noreferrer nofollow" appurl="" href="https://www.binance.com/en/nft" customevents="[object Object]">Binance NFT </a>— will be the first of a series of drops featuring the football icon Cristiano Ronaldo. Ronaldo has undoubtedly redefined the game of football as we know it, his legacy — trophies and awards, mind-bending goals, personal and team records — touching every aspect of the sport. Now, the five-time Ballon D’or winner has his eyes set on the NFT arena. Since our <a target="_blank" rel="noopener noreferrer nofollow" appurl="" href="https://www.binance.com/en/blog/markets/cristiano-ronaldo-and-binance-team-up-for-a-legendary-nft-partnership-421499824684904050" customevents="[object Object]">initial announcement</a> of the groundbreaking multi-year partnership between Binance and CR7, we’ve been working closely with Ronaldo to craft a first-of-its-kind experience, one that will change the NFT game forever. We know fans have been eagerly awaiting his NFT debut. Starting this week, you’ll get a sneak peek at what we’ve been working on, and more surprises on what’s coming next.  Make sure to follow us on <a target="_blank" rel="noopener noreferrer nofollow" appurl="" href="https://twitter.com/binance" customevents="[object Object]">Twitter</a> for all the latest updates. <a target="_blank" rel="noopener noreferrer nofollow" appurl="" href="https://accounts.binance.com/en/register?ref=RONALDO" customevents="[object Object]">Sign up with referral ID RONALDO!</a>Please be sure to use the referral code for your surpriseRisk Warning: The value of your NFT may go down or up. NFTs are subject to high market risk. Please do your own research. NFTs are not regulated in most countries, however please ensure you are permitted to access our Binance NFT Marketplace based on your circumstances. For further details, see the Binance NFT Terms and Conditions, our <a target="_blank" rel="noopener noreferrer nofollow" appurl="" href="https://www.binance.com/en/terms" customevents="[object Object]">Terms of Use</a> and <a target="_blank" rel="noopener noreferrer nofollow" appurl="" href="https://www.binance.com/en/risk-warning" customevents="[object Object]">Risk Warning</a>.

2022-11-15

Join the Binance Affiliate Program

Recommend Binance to your audiences and earn up to 50% of referral commission on every qualified trade. <figure data-block-id="9416d8f3-c381-4d35-8a71-8afe725823b3" data-type="imageFigure"><img contenteditable="false" src="https://public.bnbstatic.com/image/cms/blog/20221021/262adfe9-7b8d-44fd-a024-29b25bf5a270" naturalwidth="1600" naturalheight="900" adaptive="true"><figcaption></figcaption></figure>Do you believe cryptocurrencies and blockchain technology can change the world for the better? Join the Binance Affiliate Program and earn special rewards when you introduce new users to Binance, the world’s leading cryptocurrency exchange.<h2 data-block-id="c723452a-f0cd-420e-bfc1-dabe8f80c01a">How to Join the Binance Affiliate Program?</h2>To apply and start earning commission, visit the <a target="_blank" rel="noopener noreferrer nofollow" appurl="" href="https://www.binance.com/en/activity/affiliate" customevents="[object Object]">Binance Affiliate website</a> for more information.<h2 data-block-id="0ef89153-7c20-4f2f-814e-da4ddc586d73">What Is the Binance Affiliate Program?</h2>The Binance Affiliate Program lets you share your unique referral link with audiences to earn up to 50% commission on every qualified trade.Users who sign up for a Binance account using your unique referral link will automatically be attributed as a successful referral. You’ll receive commissions on every trade your referrals make – across Binance Spot, Futures, Margin trading, and even Binance Pool. Start earning commission with no maximum cap or time limits – all through the same referral link.Choose to be a Spot Affiliate, Futures Affiliate, or both! If you would like to be considered for both a Spot and Futures Affiliate, just select “Both” when the question is asked during your application process.<h2 data-block-id="1d2d5419-9950-4a10-b270-c006187510f4">How do I Start Earning Commission?</h2><h3 data-block-id="c0bdaa86-4350-4bd4-a7be-aa47c7206e7a">Step 1: Become a Binance Affiliate</h3>Submit your application by filling out the form on the<a target="_blank" rel="noopener noreferrer nofollow" appurl="" href="https://www.binance.com/en/activity/affiliate" customevents="[object Object]"> Binance Affiliate website</a>. Once our team evaluates your application and ensures you meet the criteria, your application will be approved.<h3 data-block-id="86a0e4c4-ae3d-45fe-afe2-86bd40ad1f36">Step 2: Create and share your referral links</h3>Create and manage your referral links right from your Binance account. You can track the performance of each referral link you share, generate custom referral links for each of your channels, or for different discounts you would like to share with your community.<h3 data-block-id="345a3bf0-4a2d-4909-b50e-58f6b8836baa">Step 3: Sit back, relax and earn commissions</h3>When someone signs up for a Binance account with your referral link, you can earn up to 50% commission every time they complete a trade.<h2 data-block-id="536f5136-15c8-4b9b-bb4f-511fe2d30f2e">How Do I Qualify to Become a Binance Affiliate?</h2>Individuals<ul data-block-id="09b51d28-4dc6-4ee4-a128-4d653d57104d"><li data-block-id="d6dee640-18c7-4115-bcd0-75de58966975">Social media account with 5,000+ followers or subscribers on one or more social media platforms (Youtube, Twitter, Facebook, Instagram, etc.).</li></ul>Crypto Communities<ul data-block-id="72a9f276-3968-46d1-bbff-806c8e3811c9"><li data-block-id="fbff7987-ccee-482a-b111-1b6acd9f349c">Financial leaders or opinion leaders with a community of 500+ members on one or more community groups (Telegram, Facebook, WeChat, Reddit, QQ, VK, etc.).</li></ul>Businesses and Organizations<ul data-block-id="abeab9e7-2c4c-42fc-ad39-59867318c55c"><li data-block-id="00b90967-b6ad-459c-8c3e-5b756edf0293">User base of 2,000+</li><li data-block-id="43575677-da1c-41cc-9598-0a9d1df2b87b">Market analysis platform with 5,000+ daily visits </li><li data-block-id="6bd0fc93-3719-45b3-a580-6d07c3a81df3">Industry media platform</li><li data-block-id="38f3cb1c-d6ff-41e5-b4c5-c5c424cacdd5">Crypto fund</li><li data-block-id="10501607-30e2-4271-9c40-0b34adc1599a">Aggregate trading platform</li></ul><h2 data-block-id="4407e674-1bfe-4a7e-ad4f-47c4a22769f2">What Are the Benefits of Joining the Binance Affiliate Program?</h2>Binance Spot Affiliate<table data-block-id="1ef71193-dd7d-414e-b599-deff84ed3358"><tbody><tr data-block-id="6b4c242f-970a-42d3-98b2-b45b687769bd"><td data-block-id="2d62329f-b633-4cc7-93ef-f88bb5ddea57" colspan="1" rowspan="1">Category </td><td data-block-id="92cce04b-7d3c-4b35-bd61-1a25d9683462" colspan="1" rowspan="1">Total Referred Traders*</td><td data-block-id="cf0236da-8e61-4b60-993a-a63f3c4103b4" colspan="1" rowspan="1">Commission</td><td data-block-id="41a9f0a4-0ccf-425d-b9bf-d45dc627df59" colspan="1" rowspan="1">Note</td></tr><tr data-block-id="8199c044-6e61-4161-86bd-d73307510626"><td data-block-id="c53b7073-0612-4d29-8021-614b56c8cb1f" colspan="1" rowspan="2"> Spot Affiliates </td><td data-block-id="789da981-5c6d-4d04-a62c-d47aff31c81b" colspan="1" rowspan="1">< 500</td><td data-block-id="fa645439-8cf6-45c8-b6bb-a2877be3e21d" colspan="1" rowspan="1">41%</td><td data-block-id="e9391754-3322-48c2-8204-afa9a4ebb2fa" colspan="1" rowspan="1">BNB holding requirement waived</td></tr><tr data-block-id="4b0563fc-a674-4efe-a7f7-9850996b3b2f"><td data-block-id="5a8eff74-a71a-42db-8b05-1392f62ea70d" colspan="1" rowspan="1">≥ 500</td><td data-block-id="0920e73a-effa-48d2-afd5-23824aed28c4" colspan="1" rowspan="1">50%</td><td data-block-id="e0fafb98-c65f-4aab-b73f-4fcb9a2d16be" colspan="1" rowspan="1">BNB holding requirement waived</td></tr></tbody></table>*“Total referred traders” refers to the number of users registered with your referral link and completed a Spot, Futures, Margin, or mining transaction. All of our approved spot affiliate partners receive a 41% commission rate (increased from 20% default for regular partners) on Spot trading. On top of that, those who invite more than 500 traders receive an increased commission of 50%.Binance Futures AffiliatesYou will receive a 40% base referral bonus when you join the program. This means you get 30% of the trading fees from the users you invite, while they can receive a 10% discount on trading fees. Please note that this 10% discount will only be valid for 30 days from the date of Futures account activation. *The referral commission for the Futures market is limited to one year starting when the new user opens their Futures account. Please note that you can only receive Futures referral commissions from Regular - VIP 1 users you referred.Additional Benefits <ul data-block-id="6af6dfa3-797f-4dde-8ea4-79152a9c8d43"><li data-block-id="22eeeaac-da70-464d-8753-401aa64d76e8">Get an additional Futures bonus of up to 72,000 USDT every month. Visit <a target="_blank" rel="noopener noreferrer nofollow" appurl="" href="https://www.binance.com/en/blog/421499824684900492/Binance-Futures-Affiliate-Bonus-Program" customevents="[object Object]">Binance Futures Affiliate Bonus Program</a> for more details. </li><li data-block-id="ebf1da9f-a02e-4e91-9d16-ef7abd35c72e">Qualify for a dedicated account manager.</li><li data-block-id="cce7ac8d-347f-4c50-8ba4-a12d96e9350c">Get free Binance merchandise, Futures vouchers, and more to further incentivize your audience.</li><li data-block-id="0c3cf305-2a08-4bed-8018-f546910bd6c7">Get priority access and testing for new features.</li></ul>Minimum Requirements for Quarterly EvaluationYour referral commission rate will be reviewed and adjusted every quarter (90 days). Existing Binance Affiliates that meet the requirements below can continue to receive referral commission benefits, which will be valid for the next 90 days from the day of evaluation.Binance Affiliate Program Membership Requirements<ul data-block-id="d724e15e-0f0b-4d8b-adee-964689bf95b5"><li data-block-id="5601ac3d-7f9e-48c5-b9d4-55e8ffa15b71">Spot (41%) and Futures (30%): You onboarded 10 new traders, and they generated 50+ BTC in trading volume. </li><li data-block-id="e42ccbe4-ca2e-4ff0-85d9-db3bce1e04af">Spot (50%) and Futures (30%): You onboarded 100 new traders, and they generated 500+ BTC in trading volume. </li></ul>For example, User A currently enjoys a 50% Spot referral commission rate. In the last quarter, User A only onboarded 50 new traders, and they generated 100 BTC in trading volume. His Spot referral commission rate will be lowered from 50% to 41% for the next 90 days.If User A onboarded 100 new traders, and the new traders generated 500 BTC in trading volume. User A’s Spot referral commission rate will be increased to 50% for the next 90 days.Notes:<ul data-block-id="7a9fbcb2-0cd5-4e85-94b7-a8cd6a1badba"><li data-block-id="6ccc77c3-a759-4b88-8c37-1718b2c331fe">For first-time applicants: To be eligible for the 50% Spot referral commission rate, you must have onboarded at least 500 traded referrals to Binance. Please contact your account manager or Customer Support to apply.</li><li data-block-id="a8e45a50-9a30-489c-9687-d574a123802a">“Traded referrals” refer to new users that registered for a Binance account with your <a target="_blank" rel="noopener noreferrer nofollow" appurl="" href="https://www.binance.com/en/support/faq/6233094e540b4ea4ac50387d1518911b" customevents="[object Object]">referral link</a> and completed a Spot, Futures, Margin, or mining transaction.</li><li data-block-id="ee663147-214c-4ba2-ab5d-ffc6b9aef06f">For more details on the Binance Affiliate Program, please check out this<a target="_blank" rel="noopener noreferrer nofollow" appurl="" href="https://www.binance.com/en/support/faq/cbf9ab9a11fa44a293d44607803c6c2d" customevents="[object Object]"> FAQ</a>. </li></ul>* Please note that Binance Affiliates are subject to the same basic set of Binance referral terms and conditions. Additional Resources <ul data-block-id="52cafe18-b32c-49eb-a913-598e0ef8a818"><li data-block-id="b3640f47-11df-4e63-843d-6dadd8372357"><a target="_blank" rel="noopener noreferrer nofollow" appurl="" href="https://www.binance.com/en/activity/referral" customevents="[object Object]">Binance Referral Dashboard</a></li><li data-block-id="891f6bf8-7e1b-457b-a171-e0d7ff6726cb"><a target="_blank" rel="noopener noreferrer nofollow" appurl="" href="https://www.binance.com/en/support/faq/cbac15853b0243cda4a90c9c03ca0c38" customevents="[object Object]">Binance Referral Program Guide</a></li><li data-block-id="71e6be77-6a3b-48f0-a570-e84b7c45711c"><a target="_blank" rel="noopener noreferrer nofollow" appurl="" href="https://www.binance.com/en/support/faq/6233094e540b4ea4ac50387d1518911b" customevents="[object Object]">Referral Program FAQ</a></li></ul>Rules:<ul data-block-id="4dd9d186-e7dc-4d07-931a-7425a83fb66c"><li data-block-id="79ace8fe-f886-4584-97ae-ad1b11992b79">Binance does not allow any affiliate member to solicit an existing Binance user to create a new account with the sole purpose of becoming their referee. If Binance determines that an affiliate has manipulated the referral process, then the affiliate’s membership will be downgraded, and the commission rate will be reduced to 20% for Spot and 10% for Futures.</li><li data-block-id="e3702bc2-a556-446a-ba37-3f0bb0891e94">Binance does not allow any affiliate member to offer any additional referral kickback (share referral commission with invitee) privately. If Binance determines that an affiliate has offered any referral kickback privately, then the affiliate’s membership will be downgraded and the commission rate will be reduced to 20% for Spot and 10% for Futures.</li><li data-block-id="266c1632-06fa-4ff7-8051-2d655dc53097">Binance will void the qualification for any referral commission of the member’s account if any referral violation listed <a target="_blank" rel="noopener noreferrer nofollow" appurl="" href="https://www.binance.com/en/support/announcement/360001155692" customevents="[object Object]">here</a> is found (all commission rates will be reduced to 0%).</li><li data-block-id="1143e41b-94c6-402e-adf6-7d92231ce5e9">If Binance determines that an affiliate conducts any damaging and/or defamatory behavior to Binance, their membership and qualification will be terminated, with their commission rate reduced to 0%. Binance reserves the right to retrieve all referral commissions that have been distributed to affiliates’ accounts. Including but not limited to the following scenarios: 1. Affiliate posts false Binance-related information or negative comments about Binance on social media; 2. Affiliate directs users to claim compensation from Binance; 3. Affiliate endorses themselves by using misleading words, especially Binance related, including but not limited to terms such as "partnership", "cooperation", "association", etc.</li><li data-block-id="d2616672-2c2b-4b5d-9a5a-67bc28e246a7">Binance reserves the right to disqualify users from participating in the Affiliate Program and revoke any commissions from users who engage in dishonest or abusive activity to earn commissions. This includes bulk-account registrations to obtain additional bonuses, using phishing websites containing referral links, posting referral links as advertisements on search engines, and any other activity that can be deemed unlawful, fraudulent, or harmful.</li><li data-block-id="cc546744-cd64-41db-8e0d-e3f8e01cc3ce">Binance reserves the right to cancel or amend the Affiliate Program or program rules at any time at its sole discretion.</li><li data-block-id="58029eab-adba-4fc7-9689-42408e6a15b5">All users must strictly abide by the<a target="_blank" rel="noopener noreferrer nofollow" appurl="" href="https://www.binance.com/en/terms" customevents="[object Object]"> Binance terms of use</a>. Any breach of the terms of use will disqualify the user from earning affiliate commissions.</li><li data-block-id="95a2fc4d-c956-4948-9773-1426713d5daf">Binance has the sole discretion to decide and determine whether an affiliate will be entitled to earn any commissions and reserves the right to amend these terms and conditions from time to time. If you have any questions, please contact<a target="_blank" rel="noopener noreferrer nofollow" appurl="" href="https://www.binance.com/en/chat" customevents="[object Object]"> customer service</a>.</li><li data-block-id="b0d669f4-a633-4e92-8590-abc9e412668c">If the system detects that a user has deleted their existing account to create a new one so they can benefit from the referral program, Binance reserves the right to terminate all referral commissions earned by this user.</li></ul><figure data-block-id="dda51549-fa10-4edd-aacc-b4b3025860c4" data-type="imageFigure"><img contenteditable="false" src="https://public.bnbstatic.com/image/cms/blog/20221021/2e66aa08-e3ce-4822-a314-1c62dcb2dfb1" href="https://www.binance.com/en/activity/affiliate" naturalwidth="1600" naturalheight="412" adaptive="true"><figcaption></figcaption></figure>

2020-04-10

SEC Complaint Aims to Unilaterally Define Crypto Market Structure

<figure data-block-id="0ec2b8db-4bf1-4c52-8b68-c39aadc91481" data-type="imageFigure"><img contenteditable="false" src="https://public.bnbstatic.com/image/cms/blog/20230605/026722ab-19ca-4c7a-ae61-a98af8851159.png" naturalwidth="1600" naturalheight="900" adaptive="true"><figcaption></figcaption></figure> We are disappointed that the U.S. Securities and Exchange Commission chose to file a complaint today against Binance seeking, among other remedies, purported emergency relief.  From the start, we have actively cooperated with the SEC’s investigations and have worked hard to answer their questions and address their concerns.  Most recently, we have engaged in extensive good-faith discussions to reach a negotiated settlement to resolve their investigations.  But despite our efforts, with its complaint today the SEC abandoned that process and instead chose to act unilaterally and litigate.  We are disheartened by that choice. While we take the SEC’s allegations seriously, they should not be the subject of an SEC enforcement action, let alone on an emergency basis. We intend to defend our platform vigorously.  Unfortunately, the SEC’s refusal to productively engage with us is just another example of the Commission’s misguided and conscious refusal to provide much-needed clarity and guidance to the digital asset industry.Today’s action is another in a line of examples where, as with other crypto projects facing similar suits, the Commission has determined to regulate with the blunt weapons of enforcement and litigation rather than the thoughtful, nuanced approach demanded by this dynamic and complex technology. Unilaterally labeling certain tokens and services as securities – even ones over which other U.S. authorities have asserted jurisdiction – only compounds these problems.Perhaps most surprising, the SEC’s actions undermine America’s role as a global hub for financial innovation and leadership.  Digital asset laws remain largely undeveloped in much of the world, and regulation by enforcement is not the best path forward.  An effective regulatory framework demands collaborative, transparent, and thoughtful policy engagement – a path the SEC has abandoned.And, to be clear: any allegations that user assets on the Binance.US platform have ever been at risk are simply wrong, and there is zero justification for the Staff’s action in light of the ample time the Staff has had to conduct their investigation.  All user assets on Binance and Binance affiliate platforms, including Binance.US, are safe and secure, and we will vigorously defend against any allegations to the contrary.  Rather, the SEC’s actions here appear to be in service of an effort to rush to claim jurisdictional ground from other regulators – and investors do not appear to be the SEC’s priority.  Because of our size and global name recognition, Binance is an easy target now caught in the middle of a U.S. regulatory tug-of-war. It seems based on these developments that the SEC’s goal here was never to protect investors; if that were truly the case, the Staff would have thoughtfully engaged with us on the facts and in our efforts to demonstrate the safety and security of the Binance.US platform.  The SEC’s real intent here, instead, appears to be to make headlines. We will continue to cooperate with regulators and policymakers in the U.S. and across the globe because that is the right thing to do.  And Binance remains committed to productive engagement to ensure the next generation of cryptocurrency regulation fosters innovation while implementing and ensuring important consumer protections. Because Binance is not a U.S. exchange, the SEC’s actions are limited in reach.  Still, we stand with digital asset market participants in the U.S. in opposition to the SEC’s latest overreach, and we are prepared to fight it to the full extent of the law.We will work alongside industry partners to defend this important technology from misguided lawsuits.  And we will maintain our unceasing efforts to deliver a safe and trusted platform for our users that holds true to our core value of furthering the freedom of money.

2023-06-05