What Is Binance Referral Commission
Binance's Referral Program is a win-win incentive system: you invite friends to register on Binance and trade, and the platform rewards you with a percentage of the trading fees your referrals generate. The invitees also receive a portion of their fees back as a rebate.
In simple terms, the more people you invite and the more actively they trade, the more passive income you earn.
Commission Rates Explained
Base Commission Rate
Regular users earn a referral commission of 20% of their invitees' trading fees.
Boosted Rate with BNB Holdings
If your account holds at least 500 BNB, your commission rate increases to 40%.
| Condition | Commission Rate |
|---|---|
| Regular user | 20% |
| Holds >= 500 BNB | 40% |
Commission Sharing
You can choose to share a portion of your commission with your invitees. The available split options are:
- Referrer 100% / Invitee 0%
- Referrer 90% / Invitee 10%
- Referrer 80% / Invitee 20%
Sharing some commission with your invitees is recommended — it makes your referral link more attractive to potential sign-ups.
Calculating Your Earnings
Formula
Your commission = Invitee's trading fees × Commission rate × Your share percentage
Worked Example
Suppose you invite a friend, your commission rate is 20%, and you keep 80% (sharing 20% with your friend):
- Friend's monthly volume: 100,000 USDT
- Friend's monthly fees: 100,000 × 0.1% = 100 USDT
- Total commission: 100 × 20% = 20 USDT
- You receive: 20 × 80% = 16 USDT
- Friend receives: 20 × 20% = 4 USDT
Earnings at Scale
| Invitees | Avg. Monthly Volume Each | Your Monthly Earnings |
|---|---|---|
| 5 | 100,000 USDT | 80 USDT |
| 10 | 100,000 USDT | 160 USDT |
| 20 | 100,000 USDT | 320 USDT |
| 50 | 100,000 USDT | 800 USDT |
If any of your referrals are high-frequency traders, your earnings will be even higher.
How to Get Your Referral Code and Link
On the Website
- Log in to the Binance website.
- Click your profile icon in the upper right.
- Select "Referral" from the menu.
- On the referral page, find your unique referral code and referral link.
- Click "Set Commission Ratio" to adjust the split with your invitees.
On the App
- Open the Binance app.
- Tap the profile icon in the upper left.
- Find "Refer Friends" or "Invite Friends."
- View your referral code, generate links, or create referral posters.
Custom Referral Codes
Binance lets you customize your referral code to make it more memorable and shareable. Look for the "Custom Referral Code" option on the referral page.
How to Invite People
Share Your Link Directly
Share your referral link via social media or messaging apps. When someone registers through your link, the referral relationship is automatically established.
Share Your Referral Code
Give your referral code to friends for manual entry during registration. Note that referral codes can only be used at registration — they can't be added later.
Generate Referral Posters
The Binance app supports generating visual referral posters — great for sharing on social media. The poster already contains your referral code or QR code.
Commission Payout Rules
Payout Timing
Referral commissions are calculated in real time after each invitee trade and distributed once daily to your spot account.
Payout Currency
Commissions are paid in the same asset your invitee used to pay their fees. For example:
- If your friend trades BTC/USDT and pays fees in BNB, your commission is also paid in BNB.
- If your friend doesn't use BNB fee payment, fees are deducted from the traded asset, and your commission follows the same currency.
Duration
Once a referral relationship is established, it's typically permanent. As long as your invitee continues trading on Binance, you'll keep earning commissions.
How to Check Your Commission Income
Viewing Your Earnings
- Log in to Binance and go to the "Referral" page.
- Check "Commission History" or "Earnings Details."
- Filter by time period to view historical commissions.
Key Metrics
- Total invitees: Number of successfully registered referrals.
- Active traders: Number of referrals who have trading activity.
- Total commissions: Lifetime total commission earned.
- Yesterday's commission: Most recent daily earnings.
Futures Referral Commissions
Binance's futures referral program works similarly to spot but operates independently:
- Futures referral commission rate: Up to 30%.
- You need a separate futures referral code.
- Spot and futures referral relationships can be bound separately.
If you want to refer people for both spot and futures, generate separate referral codes for each.
Common Questions
Do invitees need to complete KYC?
Yes, invitees typically need to complete identity verification before the referral relationship takes effect and you can start earning commissions.
Is there a limit on the number of referrals?
There's no explicit cap for regular users, though Binance reserves the right to adjust policies.
Can I withdraw my commissions?
Yes. Commissions go directly to your spot account and can be traded or withdrawn at any time.
Can I refer myself?
No. Binance prohibits self-referrals (one person registering multiple accounts to refer each other). If detected, commissions will be revoked and accounts may be banned.
Summary
Binance's referral program is a reliable source of passive income. The key steps are: get your referral code, set a reasonable commission split (sharing some with invitees increases your link's appeal), and distribute your link through various channels. Commissions are paid daily and last indefinitely — the more active traders you invite, the higher your ongoing income.