Binance is excited to launch a new promotion, where users can share up to 70,000 BUSD in rewards by inviting their friends to join Binance and explore Binance Earn products.
Activity Period: 2022-05-17 06:00 AM (UTC) to 2022-05-30 11:59 PM (UTC)
Promotion A: Invite Your Friends to Binance and Share A 60,000 BUSD Prize Pool as Referrals Complete Tasks on Binance Earn!
To participate in this promotion as an eligible referrer, users need to click the [Register Now] button on the landing page to confirm their participation, complete KYC, and share their Lite Referral ID/links or Standard Referral ID/links with friends who are not registered on Binance.
Only new users who sign up for a Binance account via a Standard Referral Code/link or Lite Referral ID/link from an eligible referrer, verify their accounts, and complete at least two tasks from the following list of tasks during the activity period will be considered as eligible referrals.
List of Tasks*
Product | Task | Minimum Transaction Requirement |
Subscribe and hold any assets in Flexible Savings for at least seven days. | At least 50 USDT equivalent | |
Subscribe and hold any assets in Locked Staking to the end of the corresponding product period. | At least 50 USD equivalent | |
Subscribe to any Dual Investment product for at least seven days. | At least 20 USDT equivalent | |
Create a single Auto-Invest plan or portfolio Auto-Invest plan for your desired cryptocurrency and complete three successful purchases. | At least 10 USDT equivalent for each transaction | |
Complete a swap between any available token pairs. | At least 50 USDT equivalent |
*Note: Referred users who subscribe to Flexible Savings, Locked Staking, or Dual Investment products during the activity period must hold their assets for the period of time stipulated in the task description to meet the task requirements.
Flexible Savings, Locked Staking, and Dual Investment tasks will still be considered as complete even if the redemption date is after the end of the activity period, as long as users hold their assets for the required time period.
- Referrers: 42,000 BUSD Prize Pool
All referrers who successfully complete KYC and use the Lite Referral Mode or Standard Referral Mode to refer at least one new user, who completes at least two tasks from the list and KYC before 2022-05-30 11:59 PM (UTC), will be eligible to equally split a tiered prize pool worth 42,000 BUSD in cash vouchers. The tiers are based on the number of eligible referrals made by the user during the activity period.
Tier | Number of Eligible Referrals | Prize Pool in BUSD | Individual Cap in BUSD |
1 | 1-5 | 6,000 | 10 |
2 | 6-10 | 7,000 | 30 |
3 | 11-30 | 8,000 | 50 |
4 | 31-50 | 9,000 | 100 |
5 | >50 | 12,000 | 200 |
- Referrals: 18,000 BUSD Prize Pool
On the other hand, all new users who are referred to Binance via an eligible referrerâs Standard Referral Code/link or Lite Referral ID/link, will qualify for an equal share of a tiered prize pool worth 18,000 BUSD in cash vouchers if they complete both KYC and at least two tasks. The tiers are based on the number of tasks completed by the referred user during the activity period.
Number of Completed Tasks | Prize Pool in BUSD | Individual Cap in BUSD |
2 | 3,000 | 5 |
3 | 4,000 | 10 |
4 | 5,000 | 15 |
5 | 6,000 | 20 |
Promotion B: Complete All Five Tasks to Each Receive 10 BUSD
Referred users who complete all five tasks mentioned in Promotion A will stand a chance to receive additional BUSD rewards. 500 eligible referrals, along with their respective referrers, will be selected based on the Award Selection Rules to each receive a 10 BUSD cash voucher. A total of 10,000 BUSD is up for grabs in this promotion.
For more information:
- How to Get Started with Flexible Savings
- How to Use Binance Locked Staking
- What Is Binance Dual Investment
- What Is Auto-Invest and How to Use It
- What is Binance Swap Farming and How to Use It
Terms and Conditions
- Referrers must click the [Register Now] button on the landing page to successfully participate in the promotion and ensure that they will be eligible for rewards along with their referrals.
- Both the referrer and the referred user must also complete KYC for any party to unlock the corresponding rewards.
- Each referral can only be invited to join Binance via the Lite Referral ID/link or Standard Referral ID/link. The rewards for both Standard Referrals and the Lite Referral Mode are mutually exclusive.
- The rewards for Promotion A and B are not mutually exclusive. Each user may be eligible for multiple rewards.
- Task Requirements for Promotion A:
- The APYs of Binance Savings and Binance Staking products are adjusted daily and subject to the page display on the day.
- We will check usersâ subscription amount to Flexible Savings and Locked Staking on a daily basis to ensure the minimum subscription amount is met for the required time period.
- About early redemption: Users can choose to redeem their assets in advance, but the subscription will not count toward the task requirements for Promotion A as a result.
- For Locked Staking subscriptions: After choosing early redemption, the principal will be returned to the spot account, and the distributed interest will be deducted from the refunded principal. Due to different global time zones, it may take 48-72 hours to receive the tokens.
- Subscriptions to Dual Investment products will be automatically redeemed on the Settlement Date. To meet the task requirement of holding a Dual Investment subscription for a minimum of seven days, users need to choose a product with a Settlement Date that is at least seven days away from the subscription date.
- Binance will use the real-time local currency to USD foreign exchange rates for calculation of the minimum transaction requirement for the list of tasks in Promotion A.
- Eligible users will receive their rewards in cash vouchers within 20 days after the end of the promotion. You will be able to log in and check your rewards via Account > Reward Center.
- The validity period for the cash voucher is set at seven days from the day of distribution. Learn how to redeem a voucher.
- Sub-accounts cannot be used to participate in this promotion.
- Binance reserves the right to disqualify and revoke rewards for participants who engage in dishonest or abusive activities during the activity. This includes bulk-account registrations to farm additional bonuses and any other activity in connection with unlawful, fraudulent, or harmful purposes.
- Binance reserves the right to cancel or amend any Activity or Activity Rules at its sole discretion.
- All participants must strictly abide by the Binance Terms of Use.
- Binance reserves the right of final interpretation of this activity.
Risk warning: Cryptocurrency trading is subject to high market risk. Please make your trades cautiously. You are advised that Binance is not responsible for your trading losses.
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.