Frequently Asked Questions on Binance Wallet Referral Program

Important: All fees, rates, and program rules are subject to change. Please follow official Binance channels for the latest updates.

All rewards are credited T+1 (next day) unless otherwise stated.

1. How do I earn rewards and how are they calculated?

Referrers earn a portion of trading fees generated by their referees. Rewards are based on the referee’s 30-day rolling period cumulative trading volume. Commission tiers range from 30% to 80%, as detailed in the table below.

Referrer’s Commission

Notes:

• Referees can receive an additional 0 - 20% trading fee discount set by the referrer. The actual discount the referee receives will range from 10% - 30%, which includes a default 10% discount.
• Rewards are updated on the Binance Wallet’s referral page daily (T+1) and users need to claim it manually.

2. How and when are rewards paid out?

Rewards are settled daily (T+1) in the blockchain’s native token. You can claim them anytime on the Binance Wallet referral page, with support for multi-day and multi-chain claims.

Data updates start at 00:00 UTC and are usually completed within 6 - 8 hours.

3. Are there minimum payout thresholds?

No. Rewards can be claimed at any time (T+1). Rewards do not expire.

4. How often do my commission tiers update?

The commission tiers are updated daily (T+1) based on your referees’ cumulative trading volume over the past 30 days. 

• Tier Upgrade: If the trading volume exceeds a higher threshold, your commission tier will be upgraded after the daily data settlement.
• Tier Downgrade: If the referees’ cumulative trading volume remains below the current commission tier threshold for 10 consecutive days, your commission tier will be downgraded on the 11th day. The new commission tier will be calculated based on the referees’ cumulative trading volume at that time.

5. Can rewards be automatically converted to another token or fiat?

No. Rewards are credited in the blockchain’s native token, which is BNB and SOL, respectively.

6. Who can participate as a referrer?

Any Binance Wallet user can participate, subject to local regulations.

7. Are there restrictions on referral relationships?

Each referee can only bind one referral code.

Each referral code can only be edited once by the referrer.

8. Can a referee switch to a different referrer after binding?

No. Once a code is bound, it cannot be changed.

9. How to create and share my Binance Wallet referral code as a referrer?

1. Set up your wallet: Go to Binance Wallet and log in to your Binance account. Create a Binance Wallet account if you haven’t already.

2. Access your referral code: Once logged in, click [Referral] at the top. You’ll see your “Referral ID” and “Referral Link”.

Note: The referrer can allocate 0% - 20% of their referral rebate to the referee as a trading fee discount (maximum 20%). This allocation does not include the referee’s default 10% trading fee discount.

3. Start sharing: Share your referral ID or link to start earning rewards.

4. Invitation code limits and modifications

You can now create and manage up to 50 referral codes for different campaigns or target audiences.

Note: Once an invitation code is created, the commission ratio can only be edited once.

10. Are there limitations on how many referees I can refer?

No, there is no limit.

11. As a referee, how to bind a referral ID on Binance Wallet?

New Binance Wallet users: 

1. Click the referral link and to register for a Binance Wallet account.

2. You’ll see a pop-up window with the referral ID automatically. Click [Confirm] to start receiving a trading fee discount.

Existing Binance Wallet users who haven’t bound a referral code yet:

1. Log in to your Binance Wallet account on Binance Wallet.

2. Web: Go to [Referral] at the top, then click on the [Enter Referral Code].

App: Go to [Referral] on the homepage and tap on the [Enter a referral code to get up to 30% off trading fees] banner. Then, tap [Join Now].

3. Enter the referral code and choose [Confirm] to bind.

12. I’m already a Binance Wallet user. Can I still add a referral code to be a referee?

Yes, existing users can bind a referral code, as long as they have never bound one before.

13. As a referrer, I already have referees on the Binance Referral Program. Do I still need my referees to bind my Binance Wallet referral code?

Yes. The Binance Wallet Referral Program is separate from the Binance Referral Program on the Binance Exchange, so your referees will need to bind your Binance Wallet referral code to participate.

14. Why doesn’t my page show the Referral tab?

The Referral tab may not appear due to local regulation and rules. Ensure your account meets all eligibility and verification requirements.

15. How many times can the commission ratio be changed? 

Once an invitation code is created, the commission ratio can only be edited once. 

16. How much commission can I allocate to my referees?

Referrers can customize a rebate of 0% - 20% of the trading fee to be shared with their referees as a fee discount, with a maximum of 20%. This does not include the referee’s default 10% trading fee discount. 

Disclaimer: There may be discrepancies in the translated version of this original article in English. Please reference this original version for the latest or most accurate information.

Binance reserves the right to amend or cancel this program at any time without prior notice.