Still, it more than makes up for it in the number of features it offers. Since Binance is one of the largest crypto platforms, its referral program is not as robust as some of the lesser-known exchanges. What to Keep in Mind About the Binance Referral Program 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).
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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. The Binance Futures referral program was launched in December 2019, and is a great way for one to reap rewards for using the platform.Īs long as one can invite friends or family, both one and their referrals will be able to receive a discount on trading fees.
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Remember that if one wants to avoid the process of remembering and entering the code, they can click here and register with the code automatically. Here is how one can sign up for an account on Binance Futures using the promo code to receive the best bonus available. How to use the Binance Futures Promo Code That said, trading futures is very risky, and one should be extremely cautious unless one is an expert. On top of this, Binance has special measures that can protect one’s portfolio from liquidation in case a trade does not work out. One can also trade leveraged tokens with some of the highest leverage figures out there. For example, it has both options and futures contracts for users to trade.
Since Binance is one of the largest exchanges and trading platforms out there, it offers a wealth of features. Considering how volatile the prices of coins can be, this is great for aggressive traders. This means that one can make money regardless of the prices of cryptocurrencies going up or down. For one, futures contracts allow traders to bet both for and against the market.
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