For instance, the inviter will benefit from the spot and margin trades completed by the invited friend’s sub-account. Sub-accounts will also take on the same percentage rules that apply to the master account. Starting from, the discounts for the invited friend’s margin trades (i.e., trading fee rebates) will be directly settled to the corresponding account’s spot wallet. The invited friend will also enjoy the same sharing rates when completing trades on margin and spot. For instance, the inviter will enjoy the same benefits from the invited friend’s margin trades and spot trades. Margin accounts will take on the same percentage rules that apply to the spot account. For instance, if the inviter's referral rate is reduced to 20% at this time, the invited friend will continue to maintain a 15% return rate, and the inviter's referral rate will be reduced to 5%. At this time, the percentage allotted to the invited friend will be given priority, and his/her rate will remain unchanged. If the inviter's daily average BNB balance is less than 500 BNB, their base referral rate will be reduced from 40% to 20%. There is no limit to the number of friends a single account can invite.
#BINANCE REFERRAL CODE#
If they register using the old referral ID code of the person who invited them, instead of via the link, they will not receive any of the trading fee rebates offered to them by their inviter. In order for an invited friend to receive discounts in the form of trading fee rebates, they must register using the corresponding referral link (or QR code Or Referral ID). Referral rates are calculated at 2:00 AM every day and updated at 10:00 AM (UTC). If the invitee uses the BNB deduction fee, the settlement assets of referral commissions and referral commissions returned are BNB. The settlement assets of referral commissions are the same as the commission fee generated by the actual transaction of the invited friend (invitee).
All referral commissions (both those received by inviters and those shared with their invited friends) are calculated in real-time and transferred to the respective Binance accounts every hour.
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