How the Binance Referral Program Works

The Binance referral program allows existing users to invite new users. Both parties benefit:

  • New user: Gets a trading fee discount (up to 20%)
  • Referrer: Earns a commission on the new user’s trading fees

Commission Structure

Referrer BNB HoldingsReferrer CommissionInvitee Discount
< 500 BNB20%Up to 20%
≥ 500 BNB40%Up to 20%

The total referral rate (referrer + invitee) can be split differently, but the maximum invitee discount is 20%.

How to Share Your Referral Code

  1. Log into Binance
  2. Go to Referral in the menu
  3. Copy your referral link or code
  4. Share with friends, family, or audience

Referral vs Affiliate Program

FeatureReferralAffiliate
ApplicationAutomaticMust apply
CommissionUp to 40%Up to 50%
RequirementsNoneContent/audience needed
TrackingBasicAdvanced dashboard

Tips for Maximizing Referral Earnings

  • Focus on attracting futures traders (they generate 30-100x more fees)
  • Create educational content about fee savings
  • Share on crypto communities and forums
  • Provide genuine value — explain the discount benefit
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