Top Referral Affiliate of Binance Exchange Earns 10.7 BTC During Bitcoin’s One-Week Price Surge

For most of the people in the industry, you either buy or mine crypto to stack your bags for a potential bull run or some utility value from the token. Earning Bitcoin (BTC) is a much harder task than other cryptos considering its high price and difficulty to mine. However, one trader on Binance is celebrating yet another period of success as a top referrer on the exchange, earning more than 10 BTC ($100,000 USD) during the recent bullish momentum from $7K to $10K USD.

The referral program allows users to invite friends to the exchange and earn up to 40% commissions on the trader’s fees. The program also allows the user to share up to 20% of the reward with the friends on board.

Top Binance Referrer Earns 10 BTC in a Week

As one of the longest-serving exchange referral program, Binance awarded their top referrer with 10.74482781 BTC in commissions amounting to approx. $100,000 USD at current market rates. All this without making a single trade on the platform.

According to the tweet sent out by the exchange, the top 10 referrers earned close to 45 BTC during the week starting Oct. 21 to Oct. 26. The second and third largest rewards amounted to 6.22 BTC and 5.93 BTC respectively.

Furthermore, a post on Oct 20th on Binance Twitter page on the all-time referral rich list on the exchange showed the top referrer has earned 1146.82 BTC (~$10.5 million USD) since the program began. The second and third top referrers have earned 643.48 BTC and 573.65 BTC respectively as the exchange grew to be the largest in daily trading volume of cryptocurrencies.

Binance Exchange Keeps Growing

The referral reward doubled over the past two weeks, with the top referrer earning 5.63 BTC two weeks ago, to 10.744 BTC in the latest release showing an increased interest in trading on the platform, albeit the small sample used. The exchange is tandem and is not slowing down on providing more on-ramps to trade – boosting the number of asset classes, cryptocurrencies, fiat ramps, applications and several other developments on its platform to give users the best possible experience.

Following the launch of Binance futures trading on iOS stores on November 1, the exchange announced the launch fiat gateways for Binance US customers who will now be able to deposit and withdraw using debit cards.

Get Daily Headlines

Enter Best Email to Get Trending Crypto News & Bitcoin Market Updates

What to Know More?

Join Our Telegram Group to Receive Live Updates on The Latest Blockchain & Crypto News From Your Favorite Projects

Join Our Telegram

Stay Up to Date!

Join us on Twitter to Get The Latest Trading Signals, Blockchain News, and Daily Communication with Crypto Users!

Join Our Twitter

Add comment

E-mail is already registered on the site. Please use the Login form or enter another.

You entered an incorrect username or password

Sorry, you must be logged in to post a comment.
Bitcoin Exchange Guide