Binance

Q: What is Binance?

A: Binance is a global cryptocurrency exchange platform that offers trading, investing, and earning opportunities in a wide range of cryptocurrencies. It stands out due to its low transaction fees, extensive list of supported tokens, advanced trading features, and user-friendly interface. Additionally, it offers services like staking, liquidity farming, and futures trading, making it a versatile choice for both beginners and advanced traders.

Q: What is Binance Refer and Earn, and how does it work?

A: Binance Refer and Earn is a rewards program that allows users to earn bonuses by inviting friends to join Binance. By sharing your unique Binance referral code or link, you and your referred friends can unlock rewards, including USDC tokens, trading fee rebates, and commission-based earnings through the Binance Referral or Referral Pro programs.

Q: What are the types of referral programs offered by Binance?

A: Binance offers two types of referral programs:

1. Referral: Focused on beginner-friendly rewards like USDC tokens and trading fee rebates.

2. Referral Pro: Designed for advanced users, offering commission-based earnings on Spot and Futures trading fees.

Q: What is the referral code for Binance?

A: Binance referral code depends on the referral program you're participating in:

1. For the Binance Referral Program: Use Binance referral code CPA_008KK33FVK or the following link: Binance Referral Link.

2. For Binance Referral Pro: Use Binance referral code 391873029 or the following link: Binance Referral Pro Link.

These codes allow you to unlock rewards and benefits when you or your friends sign up and participate in Binance's trading ecosystem.

Note: Binance Referral Code and Binance Referral ID both are same thing.

Q: How can I start earning with the Binance Referral program?

A: To start earning with Binance Referral:

1. Share your Referral Code: CPA_008KK33FVK or Referral Link: Binance Referral Link.

2. Invite friends to join Binance, complete KYC verification, and trade.

3. Earn rewards when your referred friends complete their first $100 trade or deposit over $50.

Q: What rewards can I earn through Binance’s Referral program?

A: Binance’s Referral program offers:

• 1,000 USDC Token Vouchers: For inviting friends who complete KYC and trade over $100.

• 2 USDC Tokens x 5: Earn 2 USDC for both you and your referred friend when they trade over $100. You can earn up to 10 USDC.

• $100 Trading Fee Rebate Voucher: Available when your referred friend deposits over $50 within 14 days.

Q: How does Binance’s Referral Pro program differ from the basic Referral program?

A: Binance’s Referral Pro program is tailored for experienced users and offers commission-based earnings. Unlike the basic Referral program, Referral Pro rewards you with a percentage of your invitees’ trading fees, and you can adjust how much of your commission to share with them.

Q: What is the commission structure for Binance Referral Pro (Spot Trading)?

A: For Spot trading:

• If your daily average BNB balance is less than 500 BNB, you earn 20% of trading fees and can share up to 10% with invitees.

• If your balance is 500 BNB or more, you earn 40% and can share up to 20% with invitees.

Q: How does the Binance Referral Pro commission structure work for Futures trading?

A: For Binance Futures trading:

• Users with less than 500 BNB earn 10% commission, while users with 500 BNB or more earn 20%.

• Invitees receive a rebate of up to 10% for the first 30 days.

Q: Can I adjust the rebate rate for invitees in Binance Referral Pro?

A: Yes, Binance allows you to set the rebate rate between 0% and 10%. Any changes apply immediately and uniformly to all invitees.

Q: What is the eligibility for earning the $100 Trading Fee Rebate Voucher on Binance?

A: To earn the $100 Trading Fee Rebate Voucher on Binance:

• Your referred friend must deposit over $50 within 14 days of registration.

• The voucher is only applicable for Spot trading fees.

Q: How much USDC can I earn through Binance’s Referral program?

A: Through Binance Referral, you can earn up to 1,000 USDC in token vouchers, along with additional USDC rewards for up to 5 invitees completing eligible trades.

Q: How long can I earn Futures commissions through Binance Referral Pro?

A: Binance allows inviters to earn Futures commissions for 12 months after a referred user opens their Futures account. Invitees can enjoy a rebate for the first 30 days.

Q: Are there any restrictions on who I can refer through Binance Refer and Earn?

A: Yes, Binance Refer and Earn is only available to new users who have not previously registered on Binance. Existing users cannot be referred.

Q: Is there a limit to how many people I can refer on Binance?

A: No, Binance allows you to invite an unlimited number of friends, enabling you to maximize your rewards through both the Referral and Referral Pro programs.

Q: What is the base commission rate for Binance Referral Pro (Spot Trading)?

A: The base commission rate for Binance Referral Pro is:

• 20% for users with a daily BNB balance of less than 500 BNB.

• 40% for users with a daily BNB balance of 500 BNB or more.

Q: What is the role of BNB in Binance Referral Pro rewards?

A: Your daily average BNB balance determines your commission rate in Binance Referral Pro. Higher balances (≥500 BNB) unlock higher commission rates, up to 40% for Spot trading and 20% for Futures trading.

Q: What happens if I choose not to share my commission with invitees on Binance?

A: If you set the rebate rate to 0%, invitees will not receive any rebate on their trading fees. However, you can still earn your full commission.

Q: How do I track my referral rewards on Binance?

A: You can easily track your referral rewards on Binance through the referral dashboard on the Binance app or website, where you can see detailed reports of your earnings.

Q: How does Binance determine the Spot commission for Futures referrals?

A: The Spot commission and rebate rates for users referred through a Binance Futures link are based on the rates set for the “default” Spot Referral Pro link.

Q: What are the key benefits of Binance Refer and Earn?

A: Binance Refer and Earn provides:

• Generous rewards, including USDC tokens, rebates, and commissions.

• Flexible sharing options in Referral Pro.

• Opportunities for both casual users and advanced traders to earn through referrals.

Q: Why is Binance Refer and Earn a good program for beginners and professionals?

A: Binance Refer and Earn offers simple, beginner-friendly rewards in the basic Referral program, while the Referral Pro program caters to professionals with advanced commission structures. This makes Binance’s program versatile and suitable for all users looking to earn passive income through referrals.

Q: How does Binance ensure the security of user funds and data?

A: Binance employs several security measures to protect user funds and data, including Two-Factor Authentication (2FA), Advanced Encryption Standards, and cold wallet storage for the majority of assets. It also has a Secure Asset Fund for Users (SAFU), which acts as an insurance fund to cover user losses in the event of a security breach.

Q: What are Binance's most notable features for beginners?

A: For beginners, Binance offers:

• Binance Academy: A free educational platform with articles and videos on blockchain and crypto.

• Convert Feature: A simple tool to swap cryptocurrencies without worrying about complex order books.

• Lite Mode: A simplified interface for trading and managing funds.

• Launchpad: A platform to invest in new crypto projects.

Q: Can I earn passive income using Binance?

A: Yes, Binance offers several ways to earn passive income:

• Staking: Lock your cryptocurrency to earn rewards.

• Savings: Flexible and fixed savings plans to earn interest on your holdings.

• Liquidity Farming: Provide liquidity to earn fees and rewards.

• Dual Investment: Earn returns from market volatility with dual asset investments.

Q: Is Binance legal and accessible in my country?

A: Binance operates globally but adheres to regional regulations, which may restrict or modify its services in some countries. For example, in the U.S., Binance operates as Binance.US due to regulatory compliance. Users should check Binance's terms of service and local laws to ensure legal access to its platform in their region.