- Binance has launched a $290,000 referral campaign running from April 1 to April 30, 2025, rewarding users in SHIB, DOGE, BNB, and PEPE for referring new traders and activating existing referrals.
- Participants can earn rewards by increasing traded invitees or inviting new users to deposit and trade, with tiered prize pools and USDC token vouchers available.
In a major promotional move, Binance, the world’s largest cryptocurrency exchange, has launched a referral campaign offering a staggering $290,000 in rewards. This initiative, running from April 1 to April 30, 2025, allows participants to earn incentives in popular cryptocurrencies such as Shiba Inu (SHIB) and Dogecoin (DOGE), alongside BNB and PEPE.
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How to Participate in Binance’s Referral Program
Binance’s latest referral campaign consists of two key activities:
Activity A: Boosting Traded Invitees
Participants can earn a share of the $240,000 prize pool by encouraging their existing referrals to trade on Binance’s spot, futures, or margin platforms. To qualify, users must:
- Click the “Join Now” button on the campaign’s activity page.
- Have at least three traded invitees (users who have previously registered with their referral ID and started trading).
- Refer at least one new user who successfully completes a trade.
Binance has structured the rewards in a tiered system, with higher incentives for those who refer more active traders:
- Tier 1: 3 traded invitees – Share a $20,000 prize pool.
- Tier 2: 10 traded invitees – Share a $30,000 prize pool.
- Tier 3: 20 traded invitees – Share a $40,000 prize pool.
- Tier 4: 50 traded invitees – Share a $50,000 prize pool.
- Tier 5: 100 traded invitees – Share a massive $100,000 prize pool.
Activity B: Inviting New Users to Trade
The second activity focuses on attracting new Binance users. Participants can earn rewards by inviting fresh sign-ups through their referral links. To be eligible:
- New users must deposit at least $50 via P2P trading, crypto purchases with a card, or cash deposits.
- They must trade a minimum of $200 on Binance’s spot platform.
Upon successful completion, both the referrer and the new user will each receive a $5 USDC token voucher. The total prize pool for this campaign is capped at $50,000, available on a first-come, first-served basis for the first 5,000 qualifying users.
Reward Distribution and Key Takeaways
Binance will distribute the rewards within 21 working days after the campaign ends. Users must claim their token vouchers within 14 days of distribution to secure their earnings.
This latest campaign underscores Binance’s commitment to incentivizing user engagement and expanding its trading community. By leveraging the popularity of Shiba Inu and Dogecoin, Binance aims to attract more traders while rewarding its existing user base.
This article is for informational purposes only and does not constitute financial advice. Readers should conduct thorough research before making any investment decisions. The Crypto Basic is not liable for any financial losses.