Many friends may not have noticed that Binance's contract handling fee can now automatically return 20% cash back. If you have never bound an invitation code, you can join the old Wang Binance chat room below to help you upgrade your automatic commission rights with one click—many partners have recently solved this through old Wang. Over a long period of trading, you can save a significant amount of expenses! Why is it necessary to open handling fee commission? Many people actually do not understand where they are losing! Many people often mistakenly believe that the handling fee is calculated based on the invested principal, so they think that whether a few hundred or a few thousand U can open a commission doesn't matter. But the actual handling fee is never calculated based on your principal; it is calculated based on your 'position value after leverage'!
Lately, there’s been a lot of promotion on the square for “40% rebate referrers,” especially from accounts with very few followers. Let’s set the record straight: anyone who claims they can meet all your demands unconditionally should be treated with caution.
First, let’s clarify a few basic facts: KOL referral slots are limited and can’t be expanded indefinitely.
There aren’t many KOLs who can offer 50% rebates on both spot and futures trading like we do. Most people actually only get around 40%.
If someone only gets 40% themselves but promises to give it all to you, how do they make money? Are they really doing charity for free?
So how do these people usually make money?
One common approach is to split the rebate into two parts: one is credited automatically, while the other is settled later. They may pay on time at first to gradually lower your guard. Once the rebates have built up, they may start delaying payment with excuses like system settlement, financial review, or batch payments—and may eventually disappear or switch accounts altogether.
Some also set up different payment methods for spot and futures rebates. For example, the spot portion may be credited automatically, while the futures portion is settled weekly, yet their promotion still vaguely claims “a full 40% rebate.” The advertised rate may look high, but there’s no guarantee of when you’ll actually receive the money—or whether they’ll pay at all.
Another trick is to attach trading-volume requirements to the “40% futures rebate.” After you’ve traded enough and generated substantial fees, they may keep delaying payment, citing settlement cycles, review procedures, or other reasons. In the end, you may never receive anything.
Most concerning of all are people who use the promise of a referral rebate to funnel users into groups where they trade with so-called “mentors,” or even direct them to other small exchanges offering high rebates. They may profit from copy-trading fees, trading fees, or other commissions. They may not truly care whether you lose money—or even get liquidated. You lose your principal, while they only need to switch accounts to find their next batch of victims.
So a high rebate rate doesn’t mean you’ll actually receive more money in the end. When you see claims like “a full 40% rebate” or “unconditional referral support,” what matters more is finding out where the rebate comes from, when it will be paid, whether there are any extra conditions, whether there are verifiable settlement records, and how the other party makes money from the arrangement.
After all, a genuinely stable, long-term partnership depends on transparent rules and payments made on time—not on a percentage that simply looks tempting.
Whoa, I just saw that the Principal’s Square account was permanently banned (only the Square account, not the Binance account). It seems it had only recently been reinstated. Maybe some fans who paid for votes didn’t get their money back, so they turned around and reported him 🥶
The Principal was just too naive, posting stuff like this publicly on Square. As far as I know, quite a few people really do pay for votes behind the scenes. But it’s none of my business, so let’s not worry about it too much. We can’t cut off the airdrop farmers’ source of income either—after all, some people are willing to pay to win this honor. This sort of thing is also very hard for Binance to investigate unless someone reports it or goes undercover to gather evidence, so there’s no point arguing about whether it’s fair.
To put it bluntly, apart from a few top-tier streamers, like @颜驰Bit @天晴ETH @Btc星辰 , everyone else either pays for votes or teams up with top streamers from different niches to campaign for votes. That’s because livestream audiences are highly engaged and easier to rally. Otherwise, it’s really hard to get votes just by posting and calling for support in chat rooms.
Still, the process is actually a good thing. Whether or not you get selected, it raises your profile. If you want to build a presence on Square, I’d still recommend taking part. Don’t focus on the result—you’ll gain something either way.
I’m done with voting—I can’t keep this up 🥶. Spending all day on it really affects my quality of life. I have to visit all sorts of livestreams to ask for votes, which is pretty awkward, and I’m always imposing on all you big-name friends. From now on, I’ll use my ten premium accounts to vote each day for the friends who helped me over the past couple of days. If you’re in the same category, I’ll split the votes evenly among you.
I’m just a professional affiliate marketer, so this badge doesn’t seem to do much for me 😂. It’s probably better suited to streamers who go live every day, as well as bloggers who are new to creating content on the platform.
All right, the village festivities are still going strong tonight, so let’s dig into the feast! You won’t need to go to any more trouble for me from now on 😁
And thanks as well to all the friends who’ve been helping me with votes these past few days. I’ll still be giving away Binance merch in the chat room at the end of the month, as usual 😘😘😘
If you’re an airdrop farmer with multiple accounts, just scan my QR code with the Binance app on your phone to vote for me in one tap. Thanks so much 😘
A lot of people have asked what this bonus is. It’s Binance’s Referral All-Star Reward. To qualify, you need to average $50,000 in referral commissions over three months, plus you’ll get an incremental bonus for month-over-month trading volume growth. You should know who to contact about becoming a referral partner or setting up a trading fee rebate partnership now, right? 😁 While you’re at it, please visit my profile and vote for me. Thanks so much!
I’m really going all out for the voting! I usually sleep until 10, but today I made a point of getting up before 8. Brothers and sisters, voting for the new day opens again at 8, so please help by tapping my profile picture, visiting my homepage, and casting another vote 😘😘😘
I’ve been working hard to drum up votes everywhere, and suddenly saw another 12234U bonus hit my account! Guys, I’m working so hard, and I’m also competing in the long-form writing category, so please vote for me! You can vote once a day, and voting resets every morning at 8 a.m. 🙏 Tap my profile picture to visit my page and vote.
I feel like I still have a chance in the long-form content category, so I’ll keep at it and see if I can overtake the foreign creators. I dropped by a few big-shot friends’ livestreams today to pick up some votes. Thanks for all your support! Wang’s airdrop-farming fans can also vote for these big shots every day. @交易员赵财神 @K图先生 @周周1688 @超人不会飞2020 I’ll keep bothering some other friends tomorrow 😁
I feel like I still have a chance in the long-form content competition, so I’ll keep working hard and see if I can overtake the foreign creators. Today I’m dropping by the livestreams of some big-name friends to ask for a few votes. Thanks to everyone for your support! Lao Wang’s airdrop-hunting fans can also vote for a few of these creators every day. @Btc星辰 @风哥不吹牛 @芊羽Wing @颜驰Bit @交易员张张子
On the first day, I chose the wrong category and switched to another one, which reset my vote count. I haven’t had time to campaign for votes over the past two days, and I was going to give up. But after seeing that our category isn’t too competitive, I’ve decided to give it another two days and see how it goes. Could I ask everyone to help me out? It’s just an honorary title, and I’m not in a position to use it to fleece anyone, but since I’ve signed up, I might as well give it another try. As a thank-you, I’ll prepare some little Binance merchandise gifts for everyone who votes for me each day and sends me a screenshot. You can also join the chat room—there’ll be Binance merchandise giveaways at the end of the month. 点击投票 or vote directly from my profile page.
It's rare for Binance to bring the $BNB meet-up event to Fujian. I drove for an afternoon, had a nice dinner in the evening, and today’s meal budget was very generous 👍 After that, I played pool until now and just got back. I also didn’t have time to ask for votes 😂 So let’s leave it at that. Friends who haven’t voted in the long-form contest, please help click the profile picture and cast a vote. Thanks 🙏🏻
A new day has begun, everyone! You can vote for me again. I’m in the long-form category, so this won’t affect your votes for other big influencers. You can vote in different categories at the same time. Thanks so much, everyone 😘 点击为我投票
Damn, I just realized I entered the wrong price for a reverse order while farming Alpha, so it didn’t sell and I ended up with a huge bag of tokens. I almost got wrecked. Today’s old-coin airdrop is this again: $CT . It’s worthless—nobody wants it. #ALPHA🔥 By the way, Alpha fam, could you please visit my profile and vote for me? Thanks 🙏🏻