The Binance program is a new way of earning crypto and you do not need to do trading. You just need to invite your friends to join the Binance program or Binance community. Ho here is a guide regarding the way to create, set up, and manage your Binance referral link on your dashboard.
The Way to Use the Binance Referral Program
Step 1: Create and login into your Binance account.
Step 2: After that visit the user menu in the top right corner and click for the referral.
Step 3: You can click on the link if you do not have a link.
Step 4: By sharing your Binance referral id you get a default referral rate that is twenty percent. This means you will get twenty percent of the fees paid by the friends to whom you referred. Apart from this if you want to share 0%, 5%, 10%, 15%, or 20% amount of your rewards with your friends then you can share it. Those accounts that have a daily average of 500 BNB or more will get an increase in their Binance referral rate up to forty percent.
Step 5: You can see all the details on the top of the referral page when you will click on generate the link.
Step 6: Now you are fully ready. You can start to invite your friends and trade on Binance.
Step 7: To start inviting click on the invite now. Different image sizes can be chosen to download and share.
Step 8: You can start inviting your friends through Binance referral id, Binance referral link, or by sharing the QR code.
Step 9: Once the invitees make an account and successfully register and start to trade the referral commissions are calculated and transferred to the account of the respective Binance accounts. Commissions from both parties are it the invitees or those shared with the invited friends will be transferred to your account.
Step 10: The details of the referrals can be navigated by going through the sections on the referral page. It can be accessed quickly by going to the top menu.
It can be concluded that Binance is among one of the top and largest exchange platforms for cryptocurrency. This program is an excellent way and opportunity to earn some passive income and provides you a platform that is highly profitable to use. The only thing you need to do is share, and boom your income is transferred to you. The guide to using Binance is given above.