#Binance referral bonus 2022 how to

One can increase the level by holding more BNB. For one, the VIP level on the platform influences it quite heavily. The Binance Futures fee structure is slightly complicated. One can also invite friends to the spot trading or the mining pool platform.Īs long as they make a decent number of trades, one can make quite a bit of cash from referring people to Binance. Lastly, remember that one does not have to restrict one to bonuses from the Binance Futures platform.

Just like last time, 10% will be given to one’s referral, and the cut will be 10%. If the daily average BNB balance is less than 500, the base rate is 20%. From this, 10% will be given to one’s referral as a discount, leaving one with 20% of their total fees. If the daily average BNB balance in the account is over 500, one’s base referral commission will be 30%. The rewards one receives are based on one’s average BNB balance. Like most other crypto trading platforms, Binance Futures makes use of its proprietary Binance token (BNB).

#Binance referral bonus 2022 how to

How to Increase Rewards From the Binance Referral Program Let’s take a look at how one can increase the kickback they receive from referrals. Considering the fact that trading fees can be quite high on futures (especially if one makes a lot of trades), they can save a lot of money this way.Īpart from receiving a discount on trading fees for using the referral code, one will also receive a kickback on the fees generated by one’s referrals. As long as one can invite friends or family, both one and their referrals will be able to receive a discount on trading fees.