Binance affiliate program review

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4,5/5

Summary

  • Affiliate commission:up to 50%
  • Payments:Daily
  • KYC:Required
  • Affiliate commission:Up to 50%
  • Sign-up Bonus:$5/$20/$25 Spot cashback voucher
Payments
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8/10
Affiliate support
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6/10
Reputation
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9.5/10
Product
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10/10
Easy to use
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8,5/10

Full review

Company Info

  • Founded by Changpeng Zhao in 2017
  • CEO: Changpeng Zhao
  • Headquarters: Seychelles
  • 1350+ employees
  • 100+ cryptocurrencies
  • 30+ million registered users worldwide

Products and services offered by Binance

  • Users can trade over a hundred different cryptocurrencies on spot markets, using different order types.
  • Binance offers its clients an integrated wallet for users to send, receive, earn and store cryptocurrency.
  • Binance has a stablecoin (BUSD) which is a USD-backed stablecoin approved by the New York State Department of Financial Services.
  • Users can get a trading fee discount if they hold Binance Coin (BNB), the native token of the Binance ecosystem.
  • Binance users have the option to order a Binance branded VISA card to be able to withdraw their cryptocurrency and spend it.
  • Binance owns CoinMarketCap.com, a famous cryptocurrency information website that shows the latest cryptocurrency prices across multiple markets.

Unique features

Binance is unique because it is not only the largest crypto trading platform in the world offering various of ways for it's users to buy and sell cryptocurrencies, it also has relatively low fees compared to its competitors and doesn't require users to fully undergo a KYC (Know Your Customer) process to begin trading cryptocurrency. Apart from cryptocurrency trading methods, Binance also offers its users the ability to apply for a crypto-backed loan, earn passive income through staking crypto and trade in NFT’s.

Binance affiliate program information

To become a Binance affiliate as an individual you must have a social media account with at least 5,000+ followers or subscribers or be the financial or opinion leader of a community of at least 500 members. For businesses and organizations, a user base of at least 2,000 people is required or a market analysis platform with 5,000 daily visits.

  • Commission type: Lifetime revenue share
  • Commission rate: 30% - 50% revenue share of which 20% can be rebated to the referral
  • Cookie duration: unknown
  • Payout threshold: none
  • Affiliate software: own, in-house affiliate program

Binance affiliate commission

As a Binance affiliate you will earn up to 50% lifetime revenue share on the trading fees paid by your referred Binance users. The affiliate commission starts at 41% and will increase to 50% when you have referred more than 500 traders in total. You have the option to give the referrals a discount on trading fees (kickback) of up to 20%, which will be deducted from your percentage of revenue share.

Source: https://www.binance.com/en/blog/community/join-the-binance-affiliate-program-376015737666441216

Binance affiliate program unique features

The unique feature of the Binance affiliate program takes advantage of Binance’s already very low trading fees. From within the affiliate dashboard you can create affiliate links with different kickback percentages of up to 20%, so that you can give your visitors a trading fee discount whenever they signup at Binance using your links. This trading fee discount serves as a good incentive for visitors to sign up at Binance via your links.

Apart from this, Binance pays out all of its affiliates on a daily basis, without any minimum or maximum limits. Affiliates will receive the affiliate commission directly into their Binance account in the cryptocurrency the referrals have paid fees in.

How to join the Binance affiliate program?

Signing up as a Binance affiliate couldn't be easier. Just follow the simple steps below to get started as a Binance affiliate:

  1. Navigate to the Binance affiliates page.
  2. Submit your application by filling in the form on the page.
  3. The Binance affiliate team will evaluate your application to ensure you meet their affiliate criteria.
  4. Once approved, you can create, manage and track the performance of your affiliate links from within your Binance account.

Here is one of the best video reviews out there:

Wrapping up:

Binance is the crypto exchange with the most solid reputation in the market. If you promote this company on your social media accounts or the website, this will be considered as a reliable advice. Hovewer, if you are just starting and your resource does not have thousands of followers or daily visits, Binance is probably not the best option for you. Here are some alternatives you can also consider:

Users' Reviews

Cryptolord • 07.02.2022
I am the Binance affiliate for a year so far. The support is a bit slow here, overall conditions are fine.
Sam • 11.01.2022
strong brand and high range of product. meanwhile the main commission comes from the futures trading
Stormstormer • 06.1.2021
>if I have a 1000 followers on a Telegram channel, they will not allow me to promote Binance, correct? Interesting questions. If they consider telegram channel as a social media account, than no, since the minimum for it is 5000 subs. If it's a comminity than it fits the requirements.
Alesha • 03.01.2022
Thanks for the review. So if I have a 1000 followers on a Telegram channel, they will not allow me to promote Binance, correct?
Joma • 24.12.2021
To get 40 or more % of commission share you need to reach a high number of referrals (1000 or so). So if you sign up 30% is what you will really get.
Bitcoindaily • 20.12.2021
Marketing materials are pretty weak. Strange for a company like Biance. Bybit has a higher conversion rate on my site.
Tradingfamily • 06.11.2021
Thanks for the review. Did not know that Binance has the requirements for the number of subs.