Binance Referral Program: How It Works (Complete Guide) — Bangladesh Guide
Learn how the Binance referral program works, commission rates, and how to maximize your earnings and discounts. Tailored for Bangladesh traders with BDT deposit methods.
For Bangladesh Traders
This guide is tailored for traders in Bangladesh. Sign up with referral code RATE20 for a 20% lifetime fee discount. Deposit BDT easily using local payment methods: bKash, Bank Transfer.
Crypto trading operates in a regulatory gray area. P2P is the primary method.
How the Binance Referral Program Works
The Binance referral program allows existing users to invite new users. Both parties benefit:
- New user: Gets a trading fee discount (up to 20%)
- Referrer: Earns a commission on the new user’s trading fees
Commission Structure
| Referrer BNB Holdings | Referrer Commission | Invitee Discount |
|---|---|---|
| < 500 BNB | 20% | Up to 20% |
| ≥ 500 BNB | 40% | Up to 20% |
The total referral rate (referrer + invitee) can be split differently, but the maximum invitee discount is 20%.
How to Share Your Referral Code
- Log into Binance
- Go to Referral in the menu
- Copy your referral link or code
- Share with friends, family, or audience
Referral vs Affiliate Program
| Feature | Referral | Affiliate |
|---|---|---|
| Application | Automatic | Must apply |
| Commission | Up to 40% | Up to 50% |
| Requirements | None | Content/audience needed |
| Tracking | Basic | Advanced dashboard |
Tips for Maximizing Referral Earnings
- Focus on attracting futures traders (they generate 30-100x more fees)
- Create educational content about fee savings
- Share on crypto communities and forums
- Provide genuine value — explain the discount benefit
How to Deposit BDT on Binance
- Go to Trade → P2P on Binance
- Select Buy USDT with BDT
- Choose a payment method:
- bKash
- Bank Transfer
- Select a verified merchant and complete the trade
- Use your USDT to trade any cryptocurrency on Binance
Verify Before You Sign Up — Don't Get Scammed
Many sites advertise fake referral discounts that don't actually apply. Before signing up through any referral link, always verify the referral code and discount rate shown on the Binance registration page. Here's proof of our verified referral:
- Referral Code: RATE20
- Trade Rebate: Up to 20% on every trade (lifetime)
- New User Bonus: Up to 600 USD
If the registration page does not show these benefits, do not proceed. Only sign up when you can confirm the referral code and discount are applied.