Binance's referral program is an often-overlooked source of income. Share your referral link with friends — when they sign up and trade through your link, you earn a percentage of their trading fees as commission. It may not sound like much per trade, but with enough referrals and trading volume, this passive income can be quite substantial.
Get your personal referral link on the Binance website to start referring. Download the Binance App to track your commission earnings anytime.
How the Referral System Works
When someone you referred trades on Binance, each trade generates fees. Binance returns a portion of those fees to you as a referral reward.
Core formula:
Your commission = Referee's trading fee × Your commission rate
Your commission rate depends on your account status:
| Your BNB Holdings | Your Commission Rate | Share You Can Give to Referee |
|---|---|---|
| < 500 BNB | Up to 20% | 0–5% |
| ≥ 500 BNB | Up to 40% | 0–10% |
Example:
You hold 500+ BNB and set the maximum 40% commission rate. A friend signs up through your link and makes a trade that generates 10 USDT in fees.
- Binance pays you: 10 × 40% = 4 USDT (if you keep it all)
- Or you share 10% with your friend: friend gets 1 USDT, you get 3 USDT
Sharing part of the commission with your referee is optional but makes your invitation more appealing — after all, they save money too.
Commission Calculation Details
Which trades generate commissions
- Spot trading: Yes
- Futures trading: Yes
- Margin trading: Yes
- P2P trading: No (P2P itself charges no platform fees)
- Convert swaps: No
- Withdrawal fees: No
Commission currency
Commissions are paid in whatever currency the referee's fees were deducted in.
If the referee uses BNB for fee deduction, commission is paid in BNB. If their fees came out of USDT, the commission is in USDT.
Commission duration
Binance referral commissions are typically permanent. As long as your referee continues trading on Binance, you'll keep earning. This is truly passive income.
However, if a referee later registers a new account using someone else's referral code, that new account's commissions belong to the other referrer.
Realistic Earnings — Scenario Calculations
Scenario 1: Refer 5 casual friends
Each friend trades about 10,000 USDT per month at a 0.1% fee rate:
- Monthly fees per friend: 10 USDT
- Your commission (20%): 2 USDT × 5 = 10 USDT/month
- Annual income: 120 USDT
Not much, but it's essentially zero-effort passive income.
Scenario 2: Refer 1 active trader
This friend is a futures enthusiast with 5 million USDT in monthly futures volume:
- Monthly fees (Taker 0.05%): 2,500 USDT
- Your commission (20%): 500 USDT/month
- Annual income: 6,000 USDT
A single active futures trader can net you 500 USDT per month in commissions.
Scenario 3: Influencer-level promotion
If you're a crypto blogger or community leader who refers 100 users, with 20 being active traders:
- 20 active users with combined monthly volume of ~20 million USDT
- Total monthly fees: ~10,000 USDT
- Your commission (40%, with 500+ BNB): 4,000 USDT/month
- Annual income: 48,000 USDT
That's a solid income stream.
Setting Up and Managing Referral Links
Getting your referral link
- Log in to Binance and go to the "Referral" page
- You'll see your personal referral link and code
- You can choose how much commission to share with referees
Creating multiple referral links
Binance lets you create multiple referral links, each with different commission-sharing settings. This is useful for:
- Close friends' link: Share 10% with them
- General promotion link: Share 5% with referees
- Different links for different channels to track performance
Viewing commission records
The "Referral" page shows:
- Total number of referrals
- Current month's commission income
- Historical commission details
- Each referee's volume and commission contribution
Tips for Maximizing Referral Income
Make your invitation compelling
Sharing commission with referees is the most effective approach. You can tell friends: "Sign up through my link and save 10% on every trade." That's a tangible benefit that makes them more willing to use your link.
Target the right audience
One user who trades 1 million per month contributes more commission than 100 users trading 1,000 each. Focus on inviting people with real trading needs, not just collecting sign-ups.
Provide valuable content
If you create crypto-related content (blog, videos, community), attaching your referral link alongside genuinely helpful tutorials and analysis yields much higher conversions than raw advertising. People prefer signing up through someone they trust.
Hold enough BNB
Holding 500+ BNB unlocks the maximum 40% commission rate — double the base 20%. If your referral network is strong enough, this BNB investment pays for itself quickly through commissions.
Important Warnings
Don't violate promotion rules: Binance prohibits false advertising, impersonating officials, or spamming referral links. Violations can result in losing your referral privileges.
Don't refer yourself: Creating alternate accounts using your own referral link to farm commissions is detectable. Binance will ban all associated accounts.
Commission income may be taxable: In many jurisdictions, referral commissions are considered taxable income. Consult local tax regulations.
Referees may become inactive: Not everyone who signs up will keep trading. Most referrals may register and then go quiet. Keep your earnings expectations realistic.
Summary
Binance's referral program is a low-barrier, long-lasting passive income opportunity. Your returns depend entirely on how actively your referees trade. Regular users who invite a few friends can earn tens to hundreds of USDT per month. Those with promotional reach can turn referrals into a legitimate income source. The key is genuine recommendations and providing value — not hard selling.