No Referral Accounts 💥💥 Are there disadvantages?
I will talk by taking Binance as an example.
There are advantages and disadvantages to opening an account without using a referral code (or) referral link on Binance.
In short:
✅ Advantages:
1. Having freedom
- You can trade without relying on anyone and make your own decisions.
- Free from the referrer’s restrictions and rules.
2. Personal ownership
- You do not need to share your personal strategies and investments with others.
$BGSOL
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❌ Disadvantages:
1. Opportunity for profit diversion
- You can receive a Trading Fee discount (for example - up to 20%) by using a referral code.
- Since the inviter also receives bonus money/coins, it can result in a loss for both parties.$SOL
Will build income pathways
Opening an account to increase income
🍀 🍀👇👇👇🍀🍀
🍀After opening an account
Will establish income
Opportunity to receive a $1500 Mystery Gift
Bitget Refer Code _M8N6VTEH
You need to enter
🍀🍀🍀
Bybit Crypto
🍀Opportunity to receive a $50 Gift
Bybit Crypto Code
You need to enter QQEENAQ.
🍀🍀🍀
👉$100 to be received from Binance
Binance Refer Code
CPA_00NUAXPB1I$BGB
2. Opportunity for promotion diversion
- It is uncertain whether you will have access to Binance's advertised "Refer a Friend" campaign (for example - a program where you can earn $100).
3. Lack of support
- You will not receive trading tips or guidance from an experienced referrer.
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⚠️ Note:
- Not using a referral code is not related to security.
2FA and KYC only apply.
- There may be regional legal restrictions, and please note that the use of Binance, Bitget, Bibyt, and Coinbase is restricted in Myanmar.
🎯 Recommendations:
Even if you don't open an account with a referral code,
If you become KYC verified, please continue using it. The trading fee will be paid normally.
If you are going to open an account, it is advisable to use a referral code from a trusted friend or someone with experience.
This way, both you and the inviter can fully receive fee discounts and bonuses.
> 🔍The important thing is to do research first.
> Only use Crypto Apps in accordance with the law.