Binance Launches Referral Carnival with $430,000 Prize Pool

According to the announcement from Binance, the platform is introducing the Referral Carnival, a new initiative aimed at engaging users through a series of promotions with a total prize pool of up to $430,000 in random tokens. The event, titled 'Carnival with Friends,' encourages users to invite friends to join Binance and trade, offering both parties the opportunity to win rewards. The promotion period is set from 2025-09-29 09:00 (UTC) to 2025-10-20 23:59 (UTC). Promotion A focuses on earning points to unlock a $300,000 prize pool. Participants can earn points by inviting new users who complete specific tasks, such as passing identity verification and achieving a trading volume of over $100. The prize pool is divided between affiliates and non-affiliates, with separate thresholds for each group. Affiliates can unlock up to $150,000, while non-affiliates can also reach a maximum of $150,000, depending on the number of eligible users. The top 20 participants in each category will receive additional bonuses, with the highest-ranked affiliates and non-affiliates eligible for up to $12,000 and $8,000 in random tokens, respectively. Promotion B offers rewards to the first 10,000 new traders who register via a referral link and complete the necessary steps, including identity verification and a trading volume of at least $100. These participants can earn between $3 and $10 in random tokens. Promotion C is exclusive to new affiliates who joined after 2025-06-01, offering a share of a $20,000 prize pool. To qualify, new affiliates must secure at least 50 valid new traders and achieve a cumulative trading volume of $150,000. The maximum reward for each eligible new affiliate is capped at $1,000 in random tokens.