Binance, a leading cryptocurrency exchange platform, offers a lucrative referral program. Available in over 100 countries, this program allows you to earn passive income by referring new users to Binance.
How to join the referral program:
1. Register on Binance, here is the referral link to sign up:
- To register on your computer: https://www.binance.com/en/activity/referral-entry/CPA/together?ref=CPA_00BIV2R24Q
- To register on the Binance mobile app on your smartphone, enter your Referral Lite ID: CPA_00BIV2R24Q (don't forget to enter it when registering).
2. Once you have been verified (KYC) your account will be created, you will be able to find your unique referral link in the referrals section of your account.
3. Send your referral link or Referral Lite ID to your friends. Help them to pass KYC verification. And fulfill other conditions below.
1) 100 USDT in tokens:
Ways to speed up your progress bar:
- Invite friends to register and pass verification.
- Invited friends must make the first transaction over 100$ on a spot or conversion platform.
2) 100 USDT trading commission rebate voucher.
- Invited friends must deposit more than 50$ into the account within 14 days of registration.
3) Grand prize: a Tesla car:
- During the activity, all users invited through Lite mode will be ranked according to the time of registration, and users with a ranking of 100 or multiple of 100 will be selected to participate in the trading volume contest. The inviting user with the highest trading volume will receive the grand prize.
Your invited friend must:
- a) pass account verification (KYC)
- b) make their first trade over $100 on the Binance Spot or Binance Convert platforms. Each of the actions will entitle you to rewards from 0.005 to 10 USDT in the current referral round.
If you fail to accumulate 100 USDT in a referral round, rewards accumulated in that round will be forfeited after the allotted time.
Binance reserves the right to disqualify and revoke rewards if participants are found to have engaged in unfair and abusive behavior during the promotion, including but not limited to registering from the same IP address or device.
Risks and how to avoid them.
While the Binance referral program is a great way to generate passive income, it is important to be aware of the potential risks and how to avoid them:
1. Fraudulent Activity: Any fraudulent, abusive, unethical, or suspicious activity can disqualify you from receiving rewards. Always ensure that your referral activity is legitimate and ethical.
2. Incorrect referral code: If the referred user forgets to use the referral code when registering or enters an incorrect code, no commissions will be credited³. Always double-check the referral code before submitting it.
3. VIP Members: Referral commissions will be discontinued for all referred users who have reached VIP level 3 or higher. Keep this in mind when referring traders with high sales volume.
The Binance referral program is a fantastic opportunity to earn passive income by helping others discover the benefits of trading on Binance. Remember, the program runs until December 11, 2023, so start referring customers today!
Full list of countries where their citizens are legal to trade on Binance:
- Africa: Nigeria, South Africa
- Americas: Argentina, Brazil, Chile, Colombia, Mexico, Peru
- Asia and Pacific: Afghanistan, Australia, Cambodia, India, Indonesia, Japan, Kazakhstan, Mongolia, Myanmar, New Zealand, Pakistan, Philippines, Taiwan, Vietnam.
- Europe: Bulgaria, Czech Republic, Europe, France, Greece, Hungary, Italy, Latvia, Poland, Portugal, Romania, Russia, Slovakia, Slovenia, Spain, Switzerland, Turkey, Ukraine.
- Middle East: Egypt, Israel, Saudi Arabia, United Arab Emirates.
This article is for informational purposes only and does not constitute financial advice. Always do your own research before making investment decisions.