How much can I earn from Binance referral?

Binance's referral program offers commissions based on referred users' trading volume and number of referrals. Earnings vary greatly, depending on factors like trade frequency and fees, ranging from minimal to potentially thousands of dollars monthly.

Mar 18, 2025 at 04:06 pm

In the cryptocurrency field, Binance, as a world-renowned trading platform, has attracted the attention of many users. Many people are curious about how much money they can make through Binance recommendations, so let’s discuss it in depth below.

Binance Recommendation Program Basics

Binance’s recommendation program allows users to invite new users to register and trade on the platform by sharing their recommendation links or codes. When recommended users conduct specific trading activities on Binance, the recommender can receive a certain proportion of commission rewards.

Key factors affecting returns

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.

Revenue calculation example

Suppose you recommend 50 new users, and the transactions of these users within one month are as follows:

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.

Then the total income you earn through the Binance Recommendation Plan this month is 45 + 40 = 85 USD.

Risk warning

Although there are profit opportunities in Binance Recommendation Program, the cryptocurrency market itself is highly uncertain and risky. The currency price fluctuates violently, which may lead to transaction losses caused by recommended users, which will affect their trading activity and ultimately reduce your recommendation income. At the same time, regulatory policies in the cryptocurrency industry are also changing, which may have an impact on the rules and benefits of Binance’s recommendation program.

To sum up, the amount you can earn through Binance recommendation depends on a variety of factors. When participating in the recommendation plan, you need to fully understand the rules and market risks and reasonably expect returns.

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research！

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Fear & Greed Index

Trade Now

Biggest Gainers

ETHW

$2.1442

49.33%

Trade Now
XEM

$0.0252

44.92%

Trade Now
TAI

$0.1025

39.83%

Trade Now
DOG

$0.0027

37.24%

Trade Now
ACS

$0.0018

30.28%

Trade Now
HONEY

$0.0386

26.14%

Trade Now

Latest Crypto News

BTC Bull Token and Solaxy are gaining traction, but Pepeto may offer even bigger opportunities for investors.
2025-04-27 06:45:12
Loopscale Suspends Lending Markets Following $5.8 Million Exploit
2025-04-27 06:45:12
Impressive Recovery in the Virtual Currency Market Continues as Altcoins Gain Ground
2025-04-27 06:40:12
Qubetics Promises the Biggest Flex? By Tokenizing Real-World Assets, It Might Just Deliver
2025-04-27 06:40:12
After a Prolonged Phase of Consolidation Marked by Investor Caution and Subdued Price Action, SHIB's Decisive Breakout Has Reignited Enthusiasm
2025-04-27 06:35:12
Worldcoin (WLD) Breaks Free From Prolonged Downtrend, Flipping Key Resistance Levels into Support
2025-04-27 06:35:12

Related knowledge

How does Kraken's lending function work?

Apr 25,2025 at 07:28pm

Kraken's lending function provides users with the opportunity to earn interest on their cryptocurrency holdings by lending them out to other users on the platform. This feature is designed to be user-friendly and secure, allowing both novice and experienced crypto enthusiasts to participate in the lending market. In this article, we will explore how Kra...

Where to view LBank's API documentation?

Apr 24,2025 at 06:21am

LBank is a popular cryptocurrency exchange that provides various services to its users, including trading, staking, and more. One of the essential resources for developers and advanced users is the API documentation, which allows them to interact with the platform programmatically. In this article, we will explore where to view LBank's API documentation...

Which third-party trading robots does Bitfinex support?

Apr 24,2025 at 03:08am

Bitfinex, one of the leading cryptocurrency exchanges, supports a variety of third-party trading robots to enhance the trading experience of its users. These robots automate trading strategies, allowing traders to execute trades more efficiently and potentially increase their profits. In this article, we will explore the different third-party trading ro...

How to operate LBank's batch trading?

Apr 23,2025 at 01:15pm

LBank is a well-known cryptocurrency exchange that offers a variety of trading features to its users, including the option for batch trading. Batch trading allows users to execute multiple trades simultaneously, which can be particularly useful for those looking to manage a diverse portfolio or engage in arbitrage opportunities. In this article, we will...

How much is the contract opening fee on Kraken?

Apr 23,2025 at 03:00pm

When engaging with cryptocurrency exchanges like Kraken, understanding the fee structure is crucial for managing trading costs effectively. One specific fee that traders often inquire about is the contract opening fee. On Kraken, this fee is associated with futures trading, which allows users to speculate on the future price of cryptocurrencies. Let's d...

How to use cross-chain transactions on Kraken?

Apr 23,2025 at 12:50pm

Cross-chain transactions on Kraken allow users to transfer cryptocurrencies between different blockchain networks seamlessly. This feature is particularly useful for traders and investors looking to diversify their portfolios across various blockchains or to take advantage of specific opportunities on different networks. In this article, we will explore...