Binance referral
You get: A trading fee discount or voucher, depending on the campaign · Referrer gets: A share of the referee's trading fees, rate varying by status
Binance runs a commission-based referral programme, which makes it structurally different from a bank or app that pays a one-off bonus. Instead of a fixed sum at sign-up, the referrer earns a percentage of the trading fees their referees generate — potentially for as long as those people keep trading. The referee's side is usually a fee discount or a voucher rather than cash. Two consequences follow. First, the value of a Binance referral depends entirely on whether the person you invite actually trades: an inactive account is worth nothing to either side. Second, the commission rate is not fixed — it varies with the referrer's holdings and status, and Binance adjusts the structure periodically. The account must also be created through the referral link or with the code entered at registration; codes cannot normally be added afterwards, which is the most frequent reason a Binance referral is lost. Availability and terms differ significantly by country, particularly in the United States, where Binance operates a separate entity with its own rules. Check the Referral section of your own account. On RefDuo, matching is free.
Frequently asked questions
How does the Binance referral programme pay?
By commission: the referrer receives a percentage of the trading fees generated by the people they invite, rather than a one-off bonus. The referee typically receives a fee discount or voucher.
Can I add a referral code after creating my account?
Normally no. The code must be entered at registration or the account created through the referral link. This is the most common way a Binance referral is lost.
Is the commission rate the same for everyone?
No. It varies with the referrer's holdings and account status, and Binance has revised the structure several times.
Does this apply to Binance in the United States?
Binance operates a separate entity for the US market with its own terms. Do not assume rules or rates published for the global platform apply there.
What if my referee never trades?
Then neither side earns anything meaningful. Because the reward is fee-based, a dormant account produces no commission.