Get Started in Crypto with Binance: Earn Crypto Bag with $100 Transaction
Binance announced its new referral campaign, which will start on November 14, 2024 and last until November 24.
The campaign allows users to invite their friends to the Binance platform, allowing both themselves and the people they invite to earn money.
Binance offers an opportunity for its users to invite their friends to step into the world of crypto.
When the campaign enables invited people to trade a total of $100 on Binance Spot or Binance Convert, both the inviter and the invited person will receive a “Crypto Bag”.
Crypto Bag consists of token vouchers worth up to $100, filled with popular cryptocurrencies such as BTC, BNB, ETH, SOL, and DOGE.
The campaign targets users who can only participate with a referral link and the rewards are limited. The total pool of awards is limited to $330,000 and will be distributed in order of application. Each user will be able to receive a maximum of 3 Crypto Bags, which means a total of $300 worth of crypto rewards.
Participating in the campaign is quite simple. Users give their consent for participation by going to the campaign page and clicking the “Sign Up” button.
Then, they share their Referral Pro Link/ID with their friends and expect these people to trade $100 worth on Binance Spot or Binance Convert platforms. When each transaction is completed, both parties earn the Crypto Bag reward.
What Does Crypto Bag Offer?
Crypto Bags are determined based on users’ past trading experiences with Binance. Each Crypto Bag offers the user token coupons of different values, and these coupons will be distributed within 15 business days. Participants will be able to claim their rewards only after completing account verification (KYC).
This campaign by Binance aims to help users get started in the crypto world and provide rewards. However, users will have to complete KYC (identity verification) before accessing the rewards. This verification process is mandatory for users to receive their rewards.
Additionally, the campaign is not only open to Binance users in restricted regions. Users in these regions cannot participate in the referral program.