What is the Binance referral program and how does it work?

The Binance referral program is designed to incentivize users to invite their friends and family to join the platform. By referring someone to Binance, users can earn a commission on their referrals' trading fees. To participate, users need to obtain their unique referral link from their Binance account. They can then share this link with others through various channels such as social media, email, or messaging apps. Whenever someone signs up using the referral link, the user who referred them will start earning a commission. The commission depends on the level of the user's BNB holdings and can be up to 40% of the trading fees paid by the referees. The referral rewards are paid in real-time and can be checked in the referral history section of the user's Binance account.