Frequently Asked Questions on Binance Referral Lite Mode

1. I have referred a friend to register a Binance account using my Referral Lite link. When will I receive the trading fee rebate voucher?

When your referred friend completes cumulative deposits of more than $50 within 14 days after registration, both you and your friend will receive a trading fee rebate voucher worth up to $100, within 48 hours.

To redeem your voucher, you must complete Identity Verification. The voucher must be redeemed within 7 days via [Rewards Hub] after distribution. Otherwise, the voucher will expire. For more details, please refer to How to Complete Identity Verification for a Personal Account?.

Note: The face value of the trading fee rebate voucher is up to $100 equivalent and is subject to the actual amount received.

2. My friends has completed the $50 crypto purchase requirement, so why have I still not received the reward?

There are several reasons you may not have received your referral reward:

a. The reward distribution is still in progress: 

Rewards are distributed within 48 hours after your referred friends complete the purchase task. For example, if your referred friend completes the purchase task on 2024-07-25 at 14:00 (UTC), the rewards for both of you will be distributed by 2024-07-27 at 14:00 (UTC). Please check again after this time. 

b. Purchase not made through supported channels: 

Ensure that your referred friend completed the purchase through one of the following supported channels:

• Cash deposit
• Buy crypto with debit/credit card
• P2P trading

Please note: Deposits made via third-party payment methods or internal transfers from other Binance accounts, or as a crypto deposit do not count towards the $50 requirement.

c. Purchase task not completed within 14 days:

The purchase must be made within 14 days of your friend’s registration. Purchases made after this period are not considered valid.

d. Purchase amount is equal to $50 or less:

Only purchases greater than $50 count toward completing the task. Ensure your friend’s purchase exceeds this amount.

e. Risk assessment failure: 

Binance reserves the right to disqualify and revoke rewards for participants who engage in dishonest or abusive activities during the promotion, including but not limited to registering from the same IP or device, bulk-account registrations to farm additional bonuses, and engaging in unlawful, fraudulent, or harmful activities.

3. How can I use the trading fee rebate voucher?

After receiving the voucher, go to [Rewards Hub] to redeem it within seven days. 

Please note: All the trading fee rebate vouchers are valid for 14 days once activated. Following the activation, any rebate earned from trading fees will be credited to your Spot Account by 23:59:59 of the following day. 

Effective 2024-9-19, the trading fee voucher obtained through the Referral Program will no longer be applicable for API trading.

For more information on how to redeem your voucher, please refer to How to Redeem Trading Fee Rebate Voucher and Platform Fee Rebate Voucher.

 

4. Are there any limitations on the rewards I can receive?
As a new referral who registers via Referral Lite Mode and completes the purchase task, you can only receive the trading fee rebate voucher once.

If you want to earn more trading fee rebate vouchers, you can start your own referral journey as a referrer by inviting your friends to join Binance. The more friends you invite, the more vouchers you can earn. There is no limit on how many vouchers you can receive as a referrer.

5. Can I still receive the commission rebate from friends I referred through Referral Mode?

No, you can’t. Each user can only be referred through one mode. If you invite friends using your Referral Lite link, you will not receive commission rebates from their trading. Conversely, if you invited friends using your Referral Pro link, you will earn commission from their trades, but neither you nor your referred friends will receive the trading fee rebate voucher as a reward. 

6. Why aren't my referrals showing in my display records?

If your referrals are not appearing in your display records, consider the following possible reasons:

• Referral Pro mode: Referrals who registered through the Referral Pro mode will not appear in Referral Lite mode.
• Non-referral registration: Referrals who have successfully registered without a referral will not be displayed. This page only shows users who registered through referral activities.
• Time-limited referral campaigns: Referrals who joined through a time-limited referral campaign using a referral code like 'GRO_xxx' will not be displayed here. They will be shown under the time-limited referral campaign section, not the Referral mode section.
• Failed referral relationship: The referral relationship between referrals and referrers may have failed to bind. Unfortunately, no corrective actions can be taken once the new user has registered. Possible reasons for this include:
  • Referrals may have used other referral codes to establish their referral relationships.
  • Referrals may have forgotten to use your referral link or input your referral code during registration.
• Account breach of terms and conditions: If the referral's account is in breach of Binance’s terms and conditions, the referral relationship cannot be applied, and the referral will not show in your records.

For more detailed Terms and Conditions of the Binance Referral program, please refer to this page.

Disclaimer: Digital asset prices are subject to high market risk and price volatility. The value of your investment can go down or up, and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. Past performance is not a reliable predictor of future performance. You should only invest in products you are familiar with and where you understand the risks. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser prior to making any investment. This material should not be construed as financial advice. For more information, see our Terms of Use and Risk Warning.