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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

Crypto Futures Basics: What Is Liquidation and How to Avoid It?

<h2 style="line-height:1.7999999999999998;margin-top:8pt;margin-bottom:8pt;"></h2><h2 style="line-height:1.7999999999999998;margin-top:8pt;margin-bottom:8pt;">Key Takeaways:</h2><ul style="padding-inline-start: 48px;" class=" list-paddingleft-2"><li>Leveraged positions are prone to volatile price swings, which may cause a trader’s equity to plunge into negative balance instantaneously and result in significant losses.</li><li>Liquidation mechanisms help prevent traders’ accounts from falling into negative equity.</li><li>Multiple strategies can be implemented to prevent liquidation, such as monitoring margin, using stop-losses or lowering the amount of leverage.</li></ul>Crypto derivatives have gained a lot of popularity over the years, attracting traders from all over the world to Binance Futures. Given the high volatility in the cryptocurrency market, these financial instruments can help increase traders' profits within a short period through the use of leverage. However, it is important to remember that there are also considerable risks associated with leveraged trading. One of the main factors to succeed in futures trading is strategizing each trade carefully and understanding how much capital is at risk. <img src="https://public.bnbstatic.com/image/cms/blog/20220217/26b3d64b-ca6f-462f-acdd-41a58e45c8d7.png"/>In <a href="https://www.binance.com/en/futures" target="_blank"><span style="font-size: 12pt; font-family: "IBM Plex Sans", sans-serif; color: #1155CC; font-variant-numeric: normal; font-variant-east-asian: normal; text-decoration-line: underline; text-decoration-skip-ink: none; vertical-align: baseline; white-space: pre-wrap;">futures trading</a>, where leverage is easily accessible, knowing how much capital and leverage is vested into a trade will help you understand your total risk exposure, because in some cases, losing trades can lead to liquidation.<h2 style="line-height:1.38;margin-top:18pt;margin-bottom:6pt;">What Is Liquidation in Crypto Futures Trades?</h2>The term liquidation is traditionally used to describe the conversion of assets into cash. But in futures trading, liquidation is something you want to avoid by all means. Leveraged positions are prone to volatile price swings, which may cause a trader’s equity to plunge into negative balance instantaneously. In such cases, losses can be more significant than the maintenance margin, leading to liquidation. This process is involuntary and automatic if a trade has come to meet specific price criteria. Liquidation can happen either slowly or quickly, depending on the amount of leverage used in a trade. For example, with lower amounts of leverage, liquidation won’t happen as soon as a minor correction occurs in the market. Nonetheless, higher amounts of leverage can deplete traders’ initial investment with little to no effort. <a href="https://www.binance.com/en/futures" target="_blank"><img src="https://public.bnbstatic.com/image/cms/blog/20220217/d02ccaf4-da5b-4089-9362-ae53864d68dd.png"/></a> <h2 style="line-height:1.7999999999999998;margin-top:8pt;margin-bottom:8pt;">When Would Liquidation Occur?</h2>A forced <a href="https://www.binance.com/en/support/faq/7ba80e1b406f40a0a140a84b3a10c387" target="_blank"><span style="font-size: 12pt; font-family: "IBM Plex Sans", sans-serif; color: #1155CC; font-variant-numeric: normal; font-variant-east-asian: normal; text-decoration-line: underline; text-decoration-skip-ink: none; vertical-align: baseline; white-space: pre-wrap;">liquidation</a> process happens when a trader can no longer meet the margin requirements of their leveraged position.Let’s say you were to open a long BTC/BUSD leveraged position with $100 as your account balance. You used 20x leverage to enter a trade worth $2,000. If the price of BTC were to drop by only 5%, your account balance would be wiped out as you can no longer fulfill the margin call demands to keep the trade afloat. This is what is called liquidation in futures trading.<img src="https://public.bnbstatic.com/image/cms/blog/20220217/519c1f57-872d-49f7-9840-ef9faaf8b3ee.png"/>Although this is a basic example, it is crucial to know your limits and how much you’re willing to lose on a trade to understand how much leverage you should use. Binance Futures has introduced leverage limits on new accounts to protect users from the dangers and unintended consequences of using high leverage. It is imperative to fully understand the impact of leverage and the circumstances under which it can significantly damage the probability of a profitable trade. Read more about <a href="https://www.binance.com/en/support/faq/25edcd7fe0e544839d0847b8cbb2e400" target="_blank"><span style="font-size: 12pt; font-family: "IBM Plex Sans", sans-serif; color: #1155CC; font-variant-numeric: normal; font-variant-east-asian: normal; text-decoration-line: underline; text-decoration-skip-ink: none; vertical-align: baseline; white-space: pre-wrap;">how to reduce your chances of liquidation</a>. <h2 style="line-height:1.7999999999999998;margin-top:8pt;margin-bottom:8pt;">Quick Tips to Prevent Liquidation</h2>To remain on the safe side, traders must have a plan in place with planned exits before entering any trade. There are multiple strategies that can be implemented to avoid risks, but you should consider the following to avoid liquidation. <h3 style="line-height:1.38;margin-top:16pt;margin-bottom:4pt;">1. Use Stop-Loss Orders </h3>The most obvious answer to avoid liquidation is simply using a stop loss. A stop loss is a trading tool Binance Futures offers, which allows traders to set a price to automatically exit a trade should the price of an asset hit this predetermined level. Using a stop loss in conjunction with a <span style="font-size: 12pt; font-family: "IBM Plex Sans", sans-serif; font-variant-numeric: normal; font-variant-east-asian: normal; text-decoration-line: underline; text-decoration-skip-ink: none; vertical-align: baseline; white-space: pre-wrap;">liquidation calculator,  can help protect a trader’s account from incurring significant losses, and especially from liquidation.Although you may still lose some funds, the stop loss tool will protect you from losing everything on a trade and from having to pay liquidation fees. Besides, who wants to lose and get penalized for it? By using a stop-loss, you can prevent this from happening. <h3 style="line-height:1.7999999999999998;margin-top:8pt;margin-bottom:8pt;"><span style="font-size: 14pt; font-family: "IBM Plex Sans", sans-serif; color: #434343; font-weight: 400; font-variant-numeric: normal; font-variant-east-asian: normal; vertical-align: baseline; white-space: pre-wrap;">2. Decrease the Amount of Leverage</h3>Leverage has a significant impact on the longevity of a trade. While it may be enticing to use large amounts of leverage, it could also magnify your losses.As shown in the example above, the high amount of leverage can hurt a trader even when a small price change occurs. Thus, using lower leverage will help you navigate a volatile crypto market smoothly and safely. <h3 style="line-height:1.7999999999999998;margin-top:8pt;margin-bottom:8pt;">3. Monitor the Margin Ratio</h3>Another option that traders can implement is monitoring the <a href="https://www.binance.com/en/support/faq/360033162192" target="_blank"><span style="font-size: 12pt; font-family: "IBM Plex Sans", sans-serif; color: #1155CC; font-variant-numeric: normal; font-variant-east-asian: normal; text-decoration-line: underline; text-decoration-skip-ink: none; vertical-align: baseline; white-space: pre-wrap;">margin ratio</a>. When the margin ratio hits 100%, the position will be liquidated. To avoid this outcome, traders can add more margin to their trade to return leverage and reduce their position). This method is akin to keeping a position alive when the trade is heading further in the wrong direction. Adding more margin or reducing leverage is similar to starting with less leverage in the first place. The difference is that maintaining a specific margin ratio can be done over more extended periods and is a dynamic solution.<img src="https://public.bnbstatic.com/image/cms/blog/20220217/34515a68-7d02-4612-ad4e-7ab3835e1c0d.png"/><h2 style="line-height:1.38;margin-top:18pt;margin-bottom:6pt;">In Summary</h2>Liquidation is a scary word that traders would much prefer to avoid if possible. The good news is that traders have several tools and trading strategies that they can implement to avoid being liquidated. From stop losses to monitoring the margin ratio, traders have multiple resources to avoid liquidation. If you think you might want to learn more about trading, Binance Futures offers everything a trader may need to trade responsibly, like the <a href="https://academy.binance.com/en/articles/the-ultimate-guide-to-trading-on-binance-futures" target="_blank"><span style="font-size: 12pt; font-family: "IBM Plex Sans", sans-serif; color: #1155CC; font-variant-numeric: normal; font-variant-east-asian: normal; text-decoration-line: underline; text-decoration-skip-ink: none; vertical-align: baseline; white-space: pre-wrap;">Ultimate Guide to Trading on Binance Futures</a>. Additionally, the platform offers incredibly competitive rates, fees, and multiple financial instruments for traders. Read the following support items for more information about trading futures:<ul style="padding-inline-start: 48px;" class=" list-paddingleft-2"><li><a href="https://www.binance.com/en/support/faq/360040016512" target="_blank"><span style="font-size: 12pt; color: #1155CC; font-variant-numeric: normal; font-variant-east-asian: normal; text-decoration-line: underline; text-decoration-skip-ink: none; vertical-align: baseline; white-space: pre-wrap;">(Support) How to Place Stop Loss Order and Take Profit Order</a></li><li><a href="https://www.binance.com/en/blog/futures/how-binance-takes-responsible-trading-seriously-and-you-should-too-421499824684900595" target="_blank"><span style="font-size: 12pt; color: #1155CC; font-variant-numeric: normal; font-variant-east-asian: normal; text-decoration-line: underline; text-decoration-skip-ink: none; vertical-align: baseline; white-space: pre-wrap;">(Blog) How Binance Takes Responsible Trading Seriously, and You Should Too</a></li><li><a href="https://www.binance.com/en/support/faq/360033525271" target="_blank"><span style="font-size: 12pt; color: #1155CC; background-color: transparent; font-variant-numeric: normal; font-variant-east-asian: normal; text-decoration-line: underline; text-decoration-skip-ink: none; vertical-align: baseline; white-space: pre-wrap;">(Support) Liquidation Protocol</a></li><li>And many more<a href="https://www.binance.com/en/support/faq/c-4?navId=18#/4/18" target="_blank"><span style="font-size: 12pt; color: #1155CC; background-color: transparent; font-variant-numeric: normal; font-variant-east-asian: normal; text-decoration-line: underline; text-decoration-skip-ink: none; vertical-align: baseline; white-space: pre-wrap;"> Binance Futures FAQ</a> topics...</li></ul> <a href="https://www.binance.com/en/futures" target="_blank"><img src="https://public.bnbstatic.com/image/cms/blog/20220217/bed23269-840f-42bf-a51f-0e60b500a45b.png"/></a>

2021-08-02

Day 11 Of Our Ramadan Calendar: The Good Deed Challenge!

<h2 data-block-id="cb663699-14f3-40e8-9da5-8c473ffb247c">Main Takeaways</h2><ul data-block-id="d9abe6a5-f75a-4654-a920-46e3d511ffed"><li>From March 22 to April 4, we’re running different activities, rewards, and community initiatives every day for 14 days as part of our Ramadan Calendar.</li><li>On Day 11 (April 1), we’re launching our Good Deed Challenge to encourage all Binancians to think about how they can best help others.</li><li>Share your idea in our <a target="_blank" rel="noopener noreferrer nofollow" appurl="" href="https://www.binance.com/en/survey/preview/a990ca239d5149fd82c63287df97209a" customevents="[object Object]">survey</a>, which will be open from April 1 to April 7, and Binance will select one winner to receive $3,000 of BNB to help make it a reality.</li><li>The winner will be selected based on authenticity, genuineness, and doability. It’s time to #ExchangeWithKindness.</li></ul>What would you do with $3,000 to help your community this Ramadan?<img src="https://public.bnbstatic.com/image/cms/blog/20230330/5b57ea05-6b7d-45a7-9baa-07e50abcef27" href="https://www.binance.com/en/nft/staking/Fananees">Ramadan Mubarak! We’re now more than halfway through our 14-day Ramadan Calendar. If you’ve not been with us since the beginning, we’re embracing the positive values of kindness, giving, and community during the 2023 Ramadan period. And so, from March 22 to April 4, we’re running different activities and community initiatives (filled with rewards) each day for 14 days. It’s a way to bring our community together during this special time. There’s still time to take part in Binance’s Ramadan Calendar as we #ExchangeWithKindness!<h2 data-block-id="14ba77c7-a016-443e-91c8-8731c53ebe2b">The Good Deed Challenge</h2>On Day 11 of our Calendar, which falls on April 1, we’re launching our Good Deed Challenge to encourage all Binancians to think about how they can best help others.Do you have a great idea to help your community this Ramadan but lack the funds to execute it? We’re giving you the chance to make it a reality!All you have to do is share your idea in our <a target="_blank" rel="noopener noreferrer nofollow" appurl="" href="https://www.binance.com/en/survey/preview/a990ca239d5149fd82c63287df97209a" customevents="[object Object]">survey</a>, which will be open from April 1 (13:00 UTC) to April 7 (23:59 UTC). Once all your ideas have been received, Binance will select one winner to receive $3,000 worth of BNB. With $2,000 allocated to your good deed and $1,000 to your Binance account, you can make a significant impact in your community. To enter, simply describe the good deed you want to do in detail, including where you want to do it and how many individuals you want to help. The winner will be selected by Binance based on authenticity, genuineness, and doability, so make sure to be specific and include all necessary details.<h2 data-block-id="4489035d-a6aa-481f-835d-d6f1bda98cb8">Terms and Conditions</h2>Only Binance.com users who have completed ID verification (KYC) are eligible to join this activity. All giveaway applications must go through our <a target="_blank" rel="noopener noreferrer nofollow" appurl="" href="https://www.binance.com/en/survey/preview/a990ca239d5149fd82c63287df97209a" customevents="[object Object]">survey</a> only. Winners will be announced on Twitter via @BinanceArabic.The Binance team will help you execute your good deed using the $2,000 reward, and winners should expect to be contacted directly to discuss logistics. By entering, you agree to the<a target="_blank" rel="noopener noreferrer nofollow" appurl="" href="https://www.binance.com/en/survey/preview/a990ca239d5149fd82c63287df97209a" customevents="[object Object]"> Good Deed Challenge Terms and Conditions</a>, which include Binance's right to retweet, repost, or use image/video entries shared with the hashtag #ExchangeWithKindness, and to disqualify participants for improper behavior.Don't miss out on this opportunity to make a positive impact in your community this Ramadan. Join Binance as we seek to make a difference in the world around us. We’ll be sharing videos of some of our own Ramadan initiatives, such as food box donations and a beach clean-up, and we look forward to seeing what ideas our Binancians come up with as they take on the Good Deed Challenge!<h2 data-block-id="6c629636-3d1e-4026-be29-e35d88651f83">Three Other Ramadan Calendar Activities</h2>The way our Ramadan Calendar works is that you’ll have to wait for each day to pass before a new activity is unlocked. However, there will also be three activities always available to everyone from today until the end of our Calendar on April 4.The three activities are:<ol data-block-id="f3b3644e-a03e-4c87-9b81-c761fa4e83b9"><li>Daily Mystery Boxes — log in daily to claim a free gift box; there will be 3,333 USDT spread across 10,000 boxes. The amount of USDT in each box will be distributed at random and capped at $3 inside a single box. You can claim one box per day for free, but please note that it is first come, first served.</li><li>Lite Referral Campaign — <a target="_blank" rel="noopener noreferrer nofollow" appurl="" href="https://www.binance.com/en/activity/marketing-campaign/a4cf2d36cdf0494686ce5115dbf1a970" customevents="[object Object]">refer</a> friends to Binance; both users and referred friends will be rewarded. </li><li><a target="_blank" rel="noopener noreferrer nofollow" appurl="" href="https://t.me/binanceexchange" customevents="[object Object]">Telegram</a> Daily Riddle — answer our riddles correctly, and earn rewards.</li></ol>Complete any of these on any day while our Calendar is running, and you’ll be in with a chance to share the rewards attached to each activity.<h2 data-block-id="58fa09a1-c13b-4d7f-b253-a62d8de52270">Open Your Ramadan Calendar</h2>Thank you for joining us this Ramadan. It’s a time for reflection and gratitude, but also a time for generosity, charity, and community. And remember, you’ll be able to open a new activity window on your digital <a target="_blank" rel="noopener noreferrer nofollow" appurl="" href="https://www.binance.com/en/activity/ramadan-calendar-2023" customevents="[object Object]">Binance Ramadan Calendar</a> each and every day, until it comes to a close on April 4. We hope you enjoy what we’ve prepared for you, and encourage all Binancians across the world to #ExchangeWithKindness.<h2 data-block-id="7ca6e6e6-f55d-4b8a-aaad-42c8b48705e3">Further Reading</h2><ul data-block-id="5748680a-1ecf-4c4c-b0f3-d935bff5414f"><li><a target="_blank" rel="noopener noreferrer nofollow" appurl="" href="https://www.binance.com/en/activity/ramadan-calendar-2023" customevents="[object Object]">Binance Ramadan Calendar</a></li><li><a target="_blank" rel="noopener noreferrer nofollow" appurl="" href="https://www.binance.com/en/survey/preview/a990ca239d5149fd82c63287df97209a" customevents="[object Object]">The Good Deed Challenge</a></li><li><a target="_blank" rel="noopener noreferrer nofollow" appurl="" href="https://www.binance.com/en/blog/all/countdown-to-binances-ramadan-calendar-exchangewithkindness-1914223218429907513" customevents="[object Object]">Countdown to Binance’s Ramadan Calendar</a></li></ul>

2023-04-01