Categories
News

Binance to offer 40% Referral Reward

Binance is now offering double their usual 20 percent for referrals starting from midnight tomorrow, 19 May.

From their website, they state that each user’s commission rate will be adjusted at midnight each day based on their BNB holdings.

It applies only to users that hold 500 or more BNB (Binance coins).  All other users will remain on the usual 20 percent commission rate.

To participate in the referral program you need to register on the website and get a QR code, referral ID or referral link to share with your friends.  There is a limited number of registrations that are allowed per day.

Binance is one of the most visited exchanges in the market and began their referral program back in January this year.

It’s co-founder He Yi recently dismissed rumors that the company plans to build a ‘blockchain country’ on a private island. The rumors implied that the island had already been bought and that the island paradise would be ‘powered’ by blockchain.

Image From Shutterstock

By Mark Hartley

Mark Hartley is an IT specialist, freelance writer, world traveller and crypto enthusiast. He has worked on the trading floors of the world's biggest interdealer broker in London and helped integrate crypto services into IT trading systems. When he's not searching for the world's most beautiful beach, he's nose deep in any news crypto and blockchain-related. *Any information provided here is for educational purposes only and should not be considered financial advice