Future contracts of cryptocurrencies are conquering the market. Are not only future contracts on Bitcoin of the Chicago Mercantile Exchange. But also the contracts of Bakkt and the futures market of Binance, those who are stimulating this type of products. It is therefore not surprising the new referral program Binance Futures on its platform.
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The overall progress of Binance
During the last few months, the crypto world has been shaken by the progress of a giant. Is Binance one of the main exchanges of the cryptocurrencies in the world. That would be in a process of global expansion, to diversify their business and enter markets untapped by the technology Blockchain. For the company born in China, this has meant the launch of new features. Including a platform which enables the exchange of cryptocurrencies by Latin american currencies. Opening the doors to the acquisition of argentine peso and brazilian real, from the page of Binance. Also, Binance also dabbled in the world of financial derivatives. Throwing Binance Futures, its platform for buying and selling future contracts on Bitcoin. For which launched a competition among its users to decide which would be the interface that would be used the same. Increasing its influence within the crypto world, and consolidating its position as one of the main exchanges. Despite which, Binance would not be as still with your position. Well, now, would launch a promotion within your market of future contracts, with the goal of attracting new users.
The referral program Binance
With the referral program of Binance Futures, the users of this market will have an incentive to invite new traders. Therefore, for each referral of a user to Binance Futures, and perform transactions on the platform. Both will receive a bonus of up to 30%, provided that the user refer to have a balance of 500 BNB or more in your account. This bonus is split between both users, having referred to a 10% discount on their fees for the first 30 days. While the user reference will receive a 20% commission of your referral for 12 months. On the contrary, if the balance in the account of the user that you referred to is less than 500 BNB. The bonus will be 20%, divided in half between the two. This bonus will be awarded in the form of refunds on the commissions paid. So, if the user referred to pay 100 USDT in commissions the first 30 days from the opening of your account. The same will receive a refund of 10 USDT, while the user that reference you will get 20 USDT. The objective of this is to encourage users that are already involved in Binance Futures, to integrate new participants into this market. By stimulating the movement of purchase and sale of futures contracts on Bitcoin within the platform of Binance. And therefore, benefitting themselves while supporting the growth of Binance. The following two tabs change content below. Student of International Studies, interested in issues of economy and international politics. Passionate about the progress of the Fourth Industrial Revolution in general and the cryptocurrencies in particular.