Binance offers a referral bonus to users who invite others to join the platform. The referrer will receive a commission based on the trading fees generated by the referee.
The referral bonus is paid in the form of Binance Coin (BNB).
The referral program is an important part of Binance’s growth strategy. By offering a commission to users who refer new users to the platform, Binance is able to tap into existing networks of users and incentivize them to help grow the platform.
The referral bonus is a great way for users to earn some extra income, but it’s important to remember that it is paid in BNB, which is a volatile cryptocurrency. Therefore, users should be prepared for the possibility that the value of their referral bonuses may go up or down.
Overall, the referral bonus is a good way for users to earn some extra income, but it’s important to be aware of the risks involved.