Binance Futures Launches Referral Program

Fellow Binancians,

We are excited to introduce the all-new Binance Futures referral program. 

Starting 2019-12-13, invite your friends to open a Binance Futures account and earn up to a 20% referral bonus on trading fees. The referral bonus will last for 12 months from the date your referral activates the futures account. 

Click here to learn more about Binance referral program.

Referral Program Details

Inviters will provide a portion of the commissions received from the trading fees of the friends they invite, as trading fee rebates for their invitees. The sharing rates for inviters are as follows:

• If the inviter’s daily average BNB balance is less than 500 BNB, their base referral bonus rate is 20%, of which they will share 10% with a friend, leaving the inviter with a 10% commission.

• If the inviter’s daily average BNB balance is 500 BNB or more, their base referral bonus rate is 30%, of which they will share 10% with a friend, leaving the inviter with a 20% referral bonus.

• The referral bonus received for each referred user lasts 12 months from their respective days of Futures account activation and then expires afterward.

• The inviter can receive referral bonus if the referred users are VIP 1 or below. The referral bonus will be discontinued once the referred users reach VIP 2 or above. 

• The 10% discount rate shared by the inviter will last for 30 days from the date of Futures account activation.

• If the inviter's daily average BNB balance drops below 500 BNB, their base referral bonus rate will be reduced from 30% to 20%.

• The Daily Average BNB Balance Calculation Rules apply for the Binance Futures referral program.

Terms & Conditions:

• All referral bonuses (both those received by inviters and those shared with their invited friends) are calculated in real-time and transferred to the respective Binance Futures accounts every hour.

• The settlement asset of referral bonuses will be the same as the asset used to pay the fee.

• Referral rates are calculated at 0:00 AM (UTC) and updated at 8:00 AM (UTC) on a daily basis.

• Liquidation fees are excluded and do not apply to the Binance Futures referral program.

• There is no limit to the number of friends a single account can invite.

• Referral bonuses and the relevant discount rates for invitees (i.e., trading fee rebates) will apply to futures trading fees on the invitee's main account and all the sub-accounts.

• Binance does not allow any user to self-invite through multiple accounts. If such activity is detected, all referrals will be canceled and all referral bonuses and discounts for the invitee’s accounts (i.e., trading fee rebates) will be taken back. For additional guidelines on canceling referrals, please click here.

• Binance reserves the right to extend the referral’s validity period, during which inviters can receive referral bonuses, at its discretion.

• Binance reserves the right to adjust the proportion of referral bonuses at any point and reserves the right to adjust the rules of the referral program.

• Binance reserves the right to remove and/or cancel the referral bonuses of users found to be using offensive, misrepresentative, and/or harmful custom referral codes.

Risk Warning: Futures trading carries a substantial risk and the possibility of both significant profits and losses. Past gains are not indicative of future returns. All of your margin balance may be liquidated in the event of extreme price movement. The information here should not be regarded as financial or investment advice from Binance. All trading strategies are used at your discretion and your own risk. Binance will not be liable to you for any loss that might arise from your use of Futures.

Thanks for your support!

Binance Team

2019-12-13

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Note: This announcement was last updated on 2023-05-02.

Binance reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reasons without prior notice.