Binance, a leading cryptocurrency exchange, has announced an enticing new referral campaign designed to encourage users to bring their friends into the crypto trading world. According to Binance, participants can earn Crypto Bags worth up to $300, filled with popular cryptocurrencies like Bitcoin (BTC), Binance Coin (BNB), Ethereum (ETH), Solana (SOL), and Dogecoin (DOGE).
Promotion Details
The promotion period runs from November 14, 2024, to November 24, 2024. During this time, users can invite friends to register on Binance using a Referral Pro Link/ID. Once the referred friend completes trades worth at least $100 on Binance Spot or Binance Convert, both the referrer and the new user will receive a Crypto Bag.
Participation Steps
- Step 1: Sign up on the promotion’s activity page to confirm participation.
- Step 2: Share the Referral Pro Link/ID with friends who have not yet registered with Binance.
- Step 3: Ensure the referred friend completes a cumulative trade of at least $100 during the promotion period to receive the Crypto Bag rewards.
The total prize pool for this promotion is capped at $330,000, with rewards being distributed on a first-come, first-served basis. Each user can claim up to three Crypto Bags, with a maximum potential reward of $300.
Terms and Conditions
- Participants from restricted regions are not eligible to participate.
- The value of trades will be calculated using the USDT trading pair at the time of the transaction.
- Rewards are distributed in the form of token vouchers, which will be available within 15 working days post-promotion.
- Users must complete KYC verification to receive their rewards.
Binance emphasizes that all participants must adhere to its Terms of Use and Compliance Policies. The exchange reserves the right to disqualify users engaging in fraudulent activities or violating the terms of the promotion.
This initiative not only aims to expand Binance’s user base but also offers an opportunity for existing users to enhance their crypto portfolios. By participating in this referral program, users can benefit from the growing interest in digital assets while introducing their friends to the world of cryptocurrency trading.
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Source: https://blockchain.news/news/binance-referral-program-crypto-rewards