How much can I earn from Binance referral?

Trading volume of recommended users : This is the core factor that determines the recommendation returns. If recommended users frequently and in large quantities of transactions, such as frequently buying and selling mainstream cryptocurrencies such as Bitcoin and Ethereum, the commissions received by the recommender will increase accordingly. For example, a recommended user's total transaction amount per month reaches $1 million, and based on a 0.2% commission ratio in Binance's recommendation plan, the recommender can earn $2,000 in that month.

Number of recommended users : The more new users you recommend, the higher the potential benefits. Suppose you successfully recommend 100 active users, each of which gives you a commission of $100 per month, then you can earn $10,000 per month through the referral program.

Transaction pairs and rates : The transaction fees for different trading pairs vary on the Binance platform, and the recommended commission is usually calculated based on the handling fee. Some popular and highly liquid pairs have relatively low handling fees, while some niche counterparts may have higher handling fees. If the recommended user mainly participates in transactions with high-duty transaction pairs, the recommended user will receive more commissions.

Among them, 30 users each conducted a transaction worth US$50,000, with a transaction fee rate of 0.15%. Calculated according to the recommended commission ratio of 0.2%, the benefits that these users bring to you are: 30×50,000×0.15%×0.2% = US$45.

The other 20 users each conducted a transaction worth US$100,000, with a transaction fee rate of 0.1%, and a recommended commission ratio of 0.2%. This part of the income is: 20×100000×0.1%×0.2% = US$40.