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Register BINANCE and GET 20% Off Fee FOR EVERY TRANSACTION

Register by using the referral code: K7PIC1Y0 or click this link

Binancian Partners,

Binance has linked trading fee commissions for the Spot and Futures referral program on 2020/05/11 4:00 PM (UTC).

For each new user who successfully refers to Binance, the referrer will receive a commission on the fee whenever the new referred user trades on one of Binance’s spot or futures markets. This means you can now freely invite users via spot referral link or futures referral link and receive commission from both.

Example A:

User A invites User B via the Spot referral link. User A now receives a referral commission on User B’s trading fees whenever they trade on any of Binance’s spot or futures markets.

Example B:

User A invites User B via the Futures referral link. User A now receives referral commission on User B’s trading fees whenever they trade on any of Binance’s spot, margin or futures markets.

Commission rates and kickbacks / discounts set for each are as follows:

Point:

If an inviteer’s daily average BNB account balance is less than 500 BNB and their base reference rate is 20%, they can choose to share 0%, 5% or 10% with the friends they invite.
If an inviteer’s daily average BNB account balance is 500 BNB or more, their basic referral rate increases to 40%, and they can choose to share 0%, 5%, 10%, 15%, or 20% with the friends they invite .
The spot affiliate base referral rate is increased to 41-50%, and they can choose to share 0%, 5%, 10%, 15% or 20% with the friends they invite.
The spot rates for commissions and bribes for users referred via the future referral link are set at the rate set on the ‘default’ referral link.
Futures:

If an inviteer’s daily average BNB account balance is less than 500 BNB, their basic referral rate is 20%, where they will share 10% with friends, leaving the invitee with 10% referral bonus
If an inviteer’s daily average BNB account balance is 500 BNB or more, their basic referral rate is 30%, where they will share 10% with friends, leaving the invitee with a referral bonus of 20%.
Term affiliate’s basic referral rate is 40%, wherein they will share a 10% discount for the first 30 days with a friend, leaving the invitee with a 30% referral bonus.

Note:

Commission linking does not apply to users referred to Binance via a spot or futures referral program before 2020/05/07 1:00 PM (UTC).
The default link for spot commission can be seen in the upper left corner of the spot referral landing page and is changed at any time by clicking ‘default’ on one of the links provided.
If a user registers an account from a futures referral link, their spot referral rate will be determined by the default link for spot commission. If the invitees then change their default link to another link with a different spot commission ratio, the user will keep the referral spot rate applied at the time of account registration.
Spot and Futures referral invitation data can still be seen on the landing page of each Spot referral landing page & Futures referral landing page.
To earn spot and futures commissions when referring a friend, you must ensure that you have opened a futures account yourself. If you refer a friend using your spot referral link, but you haven’t opened a futures account yourself, then you will. only get commission off of their spot trading fees.

The referral rules for the spot and futures program remain unchanged.
Binance Spot referral program rules.
Binance Futures referral program rules.

Thank you for your support!

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Margin Quiz Key Answer – Binance Pop Up Quiz

Here’s the Margin Quiz Key Answer. PS: * = Answer

  1. Binance Margin includes cross margin and isolated margin. Which one of the following sentences does not describe their difference?
    In isolated margin, borrowing, trading, and risk management functions are included in an independent isolated margin account, while in cross margin, each user can only open one cross margin account where borrowing, trading, and risk management functions are available.
    *They have different interest rates
    They have different maximum leverage ratio
    They support different borrowables
  2. Margin level is used to evaluate the risk level of your margin account. How is margin level calculated?
    *Margin level = total assets value/(total borrowed value + total accrued interest value)
    margin level = total assets value/(total borrowed value – total accrued interest value)
    margin level = total borrowed value/ total accrued interest value
  3. Which one of the following events will force you to liquidate ?
    *The margin level has reached the liquidation level
    The current margin level has reached the initial margin level
    The total debt is lower than the total interest
  4. How often is margin interest calculated?
    *Hourly, at the time of borrowing
    Daily
    Monthly
  5. Do you need to borrow manually before trading?
    Yes
    *No, you can use the “auto borrow” function on the trading page.
  6. Which one of the following factors does not affect your maximum borrowing limit?
    *The borrowing period
    The amount of fund in your margin account
    Your VIP level
    The system borrowing limit
    Your individual borrowing limit
  7. Which one of the following sentences is correct regarding your borrowing interest rate?
    *The borrowing interest rate will change with the market, and the system will notify you when it changes
    The borrowing interest rate will be determined at the time of borrowing, no changes afterward
  8. In the event of liquidation, how to repay your debts?
    *Binance insurance funds will write off your debts
    You are required to repay the debts yourself
  9. How to pay the interest fee with BNB in cross margin
    *Transfer BNB to cross margin account and repay manually
    Repay with the loan
  10. When you receive a margin call notification, what should you do?
    Borrow more funds to hedge the risk
    *Reduce your position to repay the debt or add more collateral into the margin account
    Do nothing
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