Binance Referral After Registration: A Step-by-Step Guide
In today's digital age, cryptocurrency trading platforms are becoming more popular by the day. One such platform that stands out is Binance, an exchange known for its innovative features and user-friendly interface. In addition to offering a great trading experience, Binance also offers a referral program to encourage new users to join their community. This article will guide you through how to participate in the Binance referral program after completing your account registration.
Understanding the Binance Referral Program
The Binance referral program is an incentive for both the referrer (you) and the referee (the person you refer). When a new user signs up using your unique referral link, they receive bonus tokens as well as a 20% commission on all trading fees paid by that account for 12 months. In return, you earn Binance Coin (BNB) from this transaction, which can be traded or used to participate in other Binance incentives like the Earn program.
Step-by-Step Guide to Binance Referral After Registration
1. Complete Your Account Registration on Binance
First and foremost, you need to have a Binance account to participate in this referral program. If you haven't already, follow these steps to complete your registration:
a. Visit the [Binance website](https://www.binance.com/) and click "Get Started" or "Create Free Account" on the top right corner.
b. Enter your email address and create a password. Choose a strong and secure password as it will protect your account in the future.
c. Click "Register Now," read through Binance's terms of use, privacy policy, and disclaimer, then accept them by checking the boxes provided before clicking "Create Account."
d. Verify your email address by following the instructions sent to you via email. This is crucial as it will allow you to continue with the next steps in setting up your account.
e. Download Binance's official mobile app for Android or iOS devices or use the web version depending on your preference.
f. Log into your new Binance account using your registered email address and password.
2. Access Your User ID
To share a referral link, you need to access your unique user ID. Here’s how:
a. Log in to your Binance account on the app or web version.
b. Navigate to "Binance" located at the bottom of the screen (mobile app) or top left corner (web version) and then click/tap on “Account”.
c. Choose “User Settings”, then select “Show User ID & VIP Program Information” under your account type (Trading Account).
d. Your unique Binance user ID will be displayed next to "Your User ID".
3. Share Your Referral Link
Now that you have your user ID, it's time to share the referral link with others:
a. Copy and paste the following URL into a browser or shareable link format: [https://www.binance.com/?ref=\_\{your\_user\_id\}](https://www.binance.com/%3Fref%3D%5C_%7Byour%5Fuser%5Fid%7D)
b. Replace `{your_user_id}` with your actual user ID obtained in the previous step.
c. Share this link via social media, email, or other messaging platforms to friends and family who are interested in trading cryptocurrencies.
d. If you have a blog or website, embed the referral banner provided by Binance on your site for an additional visibility boost.
4. Earning Rewards from Referral Transactions
Once someone signs up using your link, they will receive bonus tokens (usually BTC) and enjoy a 20% discount on all trading fees paid for 12 months. In return, you earn Binance Coin (BNB) equivalent to the value of their first deposit as long as it's not less than $50.
Monitoring Your Referrals
To track your referrals and rewards, repeat steps 2 and 3:
a. Navigate to "Account" under the "Binance" tab.
b. Choose "Refer Friends & Earn" from the dropdown menu.
c. You will see an overview of all your referred users, their referral statuses (Active/Inactive), and earnings.
d. The Binance app also has a dedicated screen for this feature called “Invite” under the account tab, making it easy to track your referrals' activities directly in the app itself.
Conclusion
The Binance referral program is not only an opportunity to earn tokens by inviting friends but also a way to support a world-leading cryptocurrency exchange with millions of users across different parts of the globe. By following this guide, you can effectively participate in the program and help contribute towards a more vibrant and secure cryptocurrency ecosystem.