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Binance Launches Referral Program with Up to 500 USDT in Rewards for Copy Trading - Blockchain.News

Binance Launches Referral Program with Up to 500 USDT in Rewards for Copy Trading

Iris Coleman Jun 19, 2024 08:38

Binance introduces a referral program for its new Spot Copy Trading feature, offering up to 500 USDT in token voucher rewards.

Binance Launches Referral Program with Up to 500 USDT in Rewards for Copy Trading

Binance has announced a new referral program in conjunction with the launch of its Spot Copy Trading feature, offering participants the chance to earn up to 500 USDT in token vouchers. The program is designed to incentivize users to refer friends and family to the platform, according to a recent announcement by Binance.

The promotion period for this referral program runs from June 19, 2024, 13:12 UTC to July 3, 2024, 13:12 UTC. During this time, users can earn substantial rewards by sharing their unique referral links with others who then sign up for a Binance account, complete the Know Your Customer (KYC) process, and engage in copy trading activities.

Rewards Structure

The rewards structure is divided into several categories, with different caps for each:

  • Referrer rewards are capped at 400 USDT.

  • Bonus rewards are capped at 100 USDT for all users on a first-come, first-served basis.

To qualify, new followers must initiate a copy trading order of at least 50 USDT during the promotion period and maintain a net deposit volume of at least 50 USDT for seven consecutive days in their Spot or Futures Copy Trading Account.

How to Earn Referrer Rewards

  1. Log in to the Binance account and confirm participation on the campaign page.

  2. Share the unique referral link with a friend or family member.

  3. The referred user must register for a Binance account, complete KYC, and follow any Lead Trader on Binance Spot or Futures Copy Trading.

  4. The referred user must place a Spot or Futures copy trading order of at least 50 USDT.

How to Earn Bonus Rewards

  1. Log in to the Binance account and confirm participation on the campaign page.

  2. Share the unique referral link with a friend or family member.

  3. The referred user must register for a Binance account, complete KYC, and register as a Lead Trader on Binance Spot or Futures Copy Trading.

  4. The referred user must gain at least 10 followers who actively copy Spot or Futures trades before the promotion period ends.

How to Earn Master Trader Rewards

  1. Log in to the Binance account and confirm participation on the campaign page.

  2. Share the unique referral link with a friend or family member.

  3. The referred user must register for a Binance account, complete KYC, and register as a Master Trader on Binance Spot or Futures Copy Trading.

  4. The referred user must gain at least 5 followers who actively copy Spot or Futures trades before the promotion period ends.

Terms & Conditions

  • Only referred users who complete KYC will count as successful referrals.

  • To be considered an eligible participant, users must fulfill all the requirements during the promotion period.

  • Each referrer can receive rewards from up to 100 Qualified Followers on a first-come, first-served basis.

    • Qualified Followers refer to new followers who have initiated a copy trading order of at least 50 USDT during the promotion period and maintained a net deposit volume of at least 50 USDT for seven consecutive days in their Spot or Futures Copy Trading Account.

  • Binance reserves the right to cancel any reward(s) if it determines in its sole and absolute discretion that a user has breached any applicable terms and conditions.

  • Binance reserves the right at any time in its sole and absolute discretion to amend or vary these terms and conditions without prior notice, including but not limited to canceling, extending, terminating, or suspending these activities. All participants shall be bound by these amendments.

  • Additional promotion terms and conditions can be accessed here.

Rewards Distribution

  • Token voucher rewards will be distributed within 14 business days after the promotion period ends. Users may claim their voucher rewards via Profile > Rewards Hub.

  • All token voucher rewards will expire within 14 days after distribution. Eligible users should claim their vouchers before the expiration date. Learn how to redeem a voucher.

For more details, refer to the official Binance announcement.

Image source: Shutterstock