What Is the Binance Referral Rebate?
The Binance referral rebate is the core function of Binance's Referral Program. Simply put, when you invite new users to register on Binance and trade, a portion of the trading fees generated by these new users is returned to both you (the referrer) and the new user (the referred).
This mechanism benefits both parties: the referrer receives a continuous share of the referred user's trading fees, while the referred user receives a fee discount. Binance, in turn, attracts more new users through this system.
How Are Rebate Ratios Determined?
Binance's rebate ratio depends on the referrer's BNB holdings.
Regular users (holding less than 500 BNB): The referrer receives 20% of the referred user's trading fees as commission. From this 20%, the referrer can choose to share a portion with the referred user. The split can be referrer takes all (20%+0%), or shared between referrer and referred (e.g., 10%+10%, or 15%+5%).
Advanced users (holding 500 BNB or more): The total rebate ratio increases to 40%. The referrer can choose how to split with the referred user, with a maximum of 20% going to the referred user.
In other words, if a referrer holding 500+ BNB chooses an even split, it becomes referrer 20% + referred 20%, for a total of 40% of fees being returned.
How Are Rebates Calculated?
Let's look at a specific calculation example.
Assume you registered through a referral code set to split 10% to the referrer and 10% to you (the referred).
On a given day, your trading volume is 10,000 USDT. At the 0.1% fee rate, you paid 10 USDT in fees.
Your rebate = 10 x 10% = 1 USDT. Referrer's commission = 10 x 10% = 1 USDT.
If your monthly trading volume is 1 million USDT, monthly fees are about 1,000 USDT (assuming 0.1% rate), and your rebate would be about 100 USDT. Over a year, that's 1,200 USDT.
If you also use BNB to pay fees, fees are first reduced by 25% to 750 USDT, then the 10% rebate yields 75 USDT. The rebate is calculated on the post-discount amount.
How to Get the Maximum Rebate
As a referred user: Register with a high-rebate referral code through Binance Official channel. Look for codes where the referrer is willing to share a higher percentage with you. The theoretical maximum is 20% (when the referrer holds 500+ BNB and chooses to give you the maximum share).
Note that the referral relationship bound at registration is permanent and cannot be changed afterward. So be sure to choose your referral code carefully before registering. If you've already registered without a code or with a low-rebate code, unfortunately this cannot be modified.
In What Form Are Rebates Distributed?
Rebates are typically distributed in the currency used to pay trading fees. If you pay fees with BNB, rebates are paid in BNB. If fees are deducted from USDT, rebates are paid in USDT.
Rebates are distributed in real time -- after each trade generates fees, the rebate is automatically calculated and deposited to your account. You can view your historical rebate records on Binance's "Referral" or "Rebate" page.
How to Earn Commissions as a Referrer
If you want to earn commissions by inviting others, generate your own referral link or code and share it with friends, family, or social media audiences.
How to generate a referral code: In the Binance App, find the "Invite Friends" or "Referral" page where you can generate links and codes. During generation, you can set the rebate split ratio.
It's recommended to set a higher rebate ratio for referred users. While your own share will be smaller, a higher rebate is more attractive to new users, making it easier to get people to use your code. In the long run, more referred users mean more total commission income.
Referral commissions are ongoing. As long as the referred user continues trading on Binance, you continue earning commissions. If you refer an active trader, this can become a meaningful ongoing income source.
Stacking Rebates with Other Fee Discounts
A common question: Can rebates stack with other fee discounts?
Rebate + BNB discount: Yes, they stack. Fees are first reduced by 25% with BNB, then the rebate is calculated on the discounted fee amount.
Rebate + VIP tier discount: Yes, they stack. VIP level reduces the base fee rate, and the rebate is calculated on the reduced rate.
Rebate + special zero-fee promotions: If a trading pair has zero fees during a promotion, no fees are generated, so naturally there's no rebate.
So rebates are calculated on the final fee amount after all other discounts have been applied.
Rebate Limitations and Considerations
Rebates may have an expiration period. Binance's rebate policies may have time limits. Some referral codes' rebates may only be valid for the first few months after registration. Check Binance's current policies for specifics.
Self-referral is not allowed. You cannot use your own referral code to register another account for self-rebates. Binance's anti-fraud system detects this behavior, and violations may result in account restrictions.
Futures trading also qualifies for rebates. Not just spot trading -- futures trading fees also participate in rebate calculations. For futures traders, this represents additional savings.
Rebates may be affected by policy changes. Binance may adjust rebate ratios or policies, so it's recommended to regularly follow official announcements.
How Binance Rebates Compare to Other Exchanges
All major exchanges have similar referral rebate programs, but rebate ratios differ.
Binance's rebate ratio (up to 40%) is among the highest in the industry. Some exchanges may only offer 10% to 20%. Of course, the actual amount received depends not just on the rebate ratio but also on fee rates and trading volume.
When choosing an exchange, the rebate ratio is just one factor. Trading experience, security, and variety of available coins are equally important, if not more so.
How to Check Your Rebate Status
In the Binance App, go to the "Invite Friends" or "Referral Rewards" page to see:
Your referral code and referral link.
How many people you've invited.
How much commission each referred user has contributed.
How much rebate you've received as a referred user.
Historical rebate records and statistics.
The same information is available on the web version's "Referral" page.
Frequently Asked Questions
What if I forgot to enter a referral code during registration? Unfortunately, codes cannot be added after registration. If rebates are important to you, consider contacting Binance support to see if there's a remedy, but typically this cannot be changed.
If the referred user trades very little, can the referrer make money? If the referred user's volume is low, commissions will indeed be minimal. Referral rebates are most beneficial for those who can invite active traders.
Are rebate earnings taxable? In some countries, rebate income may be considered taxable income. It's advisable to understand the tax regulations in your jurisdiction.
Summary
Binance's rebate mechanism allows referrers and referred users to share trading fee refunds. Regular users get a total rebate ratio of 20%, while users holding 500+ BNB can reach up to 40%. Referred users can receive up to 20% in fee refunds. Rebates stack with BNB discounts and VIP tier reductions. Choosing the right referral code at registration is important since the binding is permanent. For active traders, rebates can save a significant amount in trading costs annually.