Binance Launches Referral Campaign with $450,000 Prize Pool

According to the announcement from Binance, the platform has introduced a new referral campaign offering a prize pool of approximately $450,000 in trending tokens, BMT and INIT. The campaign allows eligible users to participate in up to six mission rounds, each providing opportunities to earn rewards. The promotion period is set from 2025-08-05 09:00 (UTC) to 2025-10-04 23:59 (UTC). Participants can begin a referral round by clicking on the activity page and sharing their unique referral ID or link with friends who have not yet registered with Binance. To boost progress, referred friends must complete specific tasks on Binance Spot or Binance Convert, achieving cumulative trading volumes of over $100, $300, or $1,000. Each referral round lasts for 10 days, and progress must reach 100% within this timeframe to unlock token voucher rewards. If the required progress is not achieved, the accumulated progress will be void, and no rewards will be distributed for that round. The reward structure includes token vouchers distributed in either BMT or INIT, with each round offering $20 worth of tokens, except for the sixth round, which offers $50. The token amounts are calculated using a fixed exchange rate based on opening prices as of 2025-08-04. Users must complete account verification during the promotion period to receive rewards, which will be distributed within 48 hours after each referral round. Binance reserves the right to disqualify participants engaging in dishonest activities or violating terms and conditions. Additional promotion terms and conditions are available on the Binance platform.