Binance has a referral commission program — when you invite friends to register and trade, you earn a percentage of the trading fees they pay. The more friends you invite and the more they trade, the more you earn. First, you need a Binance account yourself. If you don't have one, register on Binance right away. After you download the Binance APP, you can find the referral program entry directly in the APP.
How Does Referral Commission Work?
In simple terms: you invite friends to register on Binance, and every time they trade, they pay trading fees. Binance gives you a portion of those fees as a reward. Your friends also enjoy a trading fee discount — it's a win-win.
How to Get Your Referral Link
In the APP
- Open the Binance APP
- Tap your profile icon to enter the personal center
- Find "Referral" or "Invite Friends"
- You'll see your unique referral link and referral code
- You can share the link directly or generate a poster
Setting the Commission Split
On the referral page, you can set the commission split for your friends. For example, if your total commission rate is 20%, you can keep 15% and give 5% to your friend, or split it evenly at 10% each.
The higher the percentage you give to your friend, the bigger their discount, and the more likely they are to use your link to register.
What's the Commission Rate?
The default referral commission rate is usually around 20%. If your account holds enough BNB or your trading volume reaches a certain threshold, the rate can go higher — up to 40% or even more.
How to Increase Your Commission Rate
- Hold BNB: Maintain a certain amount of BNB in your account
- Increase trading volume: The higher your own trading volume, the higher your referral tier
- VIP level: Higher VIP levels get higher commission rates
How Are Earnings Settled?
Settlement Time
Commission rewards are usually settled in real-time. Every time your friend completes a trade, the commission is credited to your account.
Reward Currency
Commission rewards are paid in the same currency your friend used to pay trading fees. For example, if your friend trades BTC/USDT and pays fees in BNB, your commission is paid in BNB.
Viewing Earnings
On the referral page, you can see:
- Total number of invitees
- Total commission earned
- Daily commission breakdown
- Friends' trading activity level (specific amounts are not shown)
How to Promote Your Referral Link
Share with Friends
The simplest approach is to send your referral link or code to friends and let them know they'll get a trading fee discount by registering through your link.
Social Media Sharing
Share your referral link on social media, paired with some crypto beginner tips, to attract people interested in cryptocurrency.
Content Creation
If you're good at writing articles or making videos, create crypto-related educational content and include your referral link.
Things to Keep in Mind
- Don't cheat: Don't create multiple accounts to farm commissions — Binance has strict anti-fraud systems and will detect and disqualify offenders
- Link validity: Referral links are generally valid indefinitely, but friends must register through your link for the referral to count
- No guaranteed income: Commission earnings depend on your friends' trading activity — no trading means no commission
- Follow local regulations: When promoting, comply with local laws regarding financial product marketing
FAQ
Can my friend bind my referral code if they've already registered on Binance?
Usually not. The referral code must be entered during registration. Already-registered accounts cannot retroactively add a referral code.
Is there a cap on commissions?
Generally there's no explicit cap — the more people you invite and the more actively they trade, the more you earn.
Do I need to pay taxes on referral commissions?
That depends on the tax laws in your region. It's recommended to consult a professional tax advisor.