#BINANCE REFERRAL CODE PHILIPPINES CODE#
Example 1: ZipcarĪ good example of a referral code is the one used by Zipcar. In most cases, referral codes follow a standard format, with the code found at the end of the entire referral link. Let’s start getting a better picture of how a referral code works by going over a few popular referral code examples. Most importantly, these unique referral codes automatically distribute any program rewards to the customer and referral (the referred customer). Unique referral codes track and connect every step of the process, from when a customer sends a referral to whether these referrals end up making a purchase. Referral codes are assigned to every customer (the referrer) as soon as they join a program.
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What is a referral code?Ī referral code (or referral tracking code) is a unique combination of numbers and/or letters used to identify the participants in a customer referral program. Referral codes are sent to everyone who participates in the program and are key to a well-run referral marketing campaign. So if you’re looking for a cryptocurrency exchange, join Binance.If you’ve ever been invited to a referral program, you’ve come across a referral code example. Of all cryptocurrency affiliate programs, this one is the most promising. However, this holds true for the affiliate programs of other cryptocurrency exchanges as well.īinance is the largest cryptocurrency company and massive volumes are being traded each day. You need to refer people that trade a lot and regularly. If you refer someone who trades $1000 dollar once you’ll only get $0.2 for this person. Hard/expensive to get the 40% commission rate.This is from their referral page, which is a bit vague: “Binance reserves the right to change the terms of the referral program at any time due to changing market conditions, risk of fraud, or any other factors we deem relevant.”.You get paid in the cryptocurrency the original fee was paid in.No limit to the amount of people you can refer.Easy to signup and become an affiliate.One of the largest companies in the cryptocurrency scene.Pro’s and cons of the Binance referral program You make 20% of the fee, so you make 20% of $1 which equals $0.2 (1*0.2).Someone trades $1000 in cryptocurrency.If you get 20% commissions on trade fees it means that for every $1000 in cryptocurrency traded you will make $0.2. 500BNB equals roughly $15,000 dollars, so it’s pretty expensive if you want your commission rate increased. The only way to increase your commission is by owning 500BNB (Binance its own cryptocurrency: the Binance Coin). While they are promoting their affiliate program as having up to 40% commission, the actual commission rate you start with is 20%. For more info on the fee structure, check the Binance Fee Schedule. In general, this fee will be 0.1% of the trade value. It’s important to note that the commission you make is commission on the trading fees, not on the trade value! Every time someone trades cryptocurrencies using the exchange, Binance will take a small fee. Your Binance Referral ID Affiliate Commission Scroll a bit down and you’ll find your referral ID and some basic stats about the people you’ve referred. You can use a QR code, your referral link or you can post directly to social media. Once you’re on the referral page, you will immediately see your referral code.
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Once you’ve created your account, log in and go to the footer of the website to find the link to the referrals page. Where to find your Binance Referral Link and ID? Just go to their homepage and hit the register button. You don’t need a separate affiliate account and you don’t need to have funds on your account. Creating a Binance Affiliate AccountĮvery regular Binance account can participate in the referral program. Every second over 1,400,000 transactions are being done and about $1,200,000,000 in cryptocurrency is traded every day on the platform. Binance is the largest crypto exchange by trade volume. It’s like a stock exchange, but instead of stocks, cryptocurrencies like Bitcoin are being traded. What is Binance exactly?īinance is a cryptocurrency exchange.
#BINANCE REFERRAL CODE PHILIPPINES HOW TO#
One of the largest companies in the cryptocurrency industry is Binance and good news: they have a referral program! Read on to learn how to become a Binance affiliate. The largest and most well-known cryptocurrency is Bitcoin. At the time of writing there are over 2300 (!) different cryptocurrencies with a total value of over $270,000,000,000. The cryptocurrency scene offers many opportunities for affiliate marketeers and referral marketing.