Binance has launched a referral campaign, offering $290,000 in rewards across selected cryptocurrencies, such as Shiba Inu and Dogecoin.
The world’s largest crypto exchange announced the promo today, emphasizing that the referral program will run from April 1 to April 30, 2025.
During this period, Binance users can earn a share of the $290,000 prize pool in SHIB and DOGE rewards by referring new users or activating existing referrals to trade on the platform.
In addition to SHIB and DOGE, Binance plans to randomly distribute the rewards in other cryptocurrencies, such as BNB and PEPE.
Binance Referral Program
The referral program consists of two major activities: increasing the number of traded invitees and referring new users to deposit and trade on Binance.
Activity A
This first activity requires Binance users to increase the number of ‘traded invitees.’ This implies encouraging existing referrals who signed up on Binance using your Referral Pro-Link/ID to trade on the exchange’s spot, futures, or margin.
Binance set aside a prize pool of $240,000, with rewards expected to be randomly distributed in SHIB, DOGE, and others. To participate in this campaign, user must confirm their participation by clicking the ‘Join Now’ button on the activity page.
Once enrolled, users need to encourage existing referrals or new users to sign up with their referral ID and complete trades on Binance. To earn a share of the $240,000 reward, users must have a minimum of three traded invitees and refer at least one new user to complete a trade after joining the campaign.
Notably, Binance structured the reward in five tiers with different prize pools attached to each. The first requires participants to have at least three traded invitees to share a prize pool of $20,000 worth of SHIB and DOGE.
Tiers 2, 3, 4, and 5 require a minimum of 10, 20, 50, or 100 traded invitees to enable participants to share a prize pool of $30,000, $40,000, $50,000, and $100,000, respectively. For each tier, you must refer at least one new user to trade during the campaign period.
Activity B
To participate in this second campaign, you must invite new users to sign up using your referral link and encourage them to deposit at least $50 through P2P trading, buy crypto with cards, or make cash deposits.
Then, convince them to trade a total of at least $200 on Binance’s spot platform. Upon completing the task, you and your invitee will each receive $5 in USDC token vouchers, bringing the total prize pool to $50,000. This event is limited to the first 5,000 users who fulfill the requirements.
Binance will distribute the rewards within 21 working days after the activity ends, and users must claim the token vouchers within 14 days of distribution.
