Copy link
Increase text size
Decrease text size
Link copied

Binance is calling for futures brokers to join its program to grow the blockchain ecosystem

Image by Binance

Tue, 14 Apr 2020, 09:51 am UTC

Crypto exchange Binance is looking for future brokers to join as it launches the Binance Broker Program.

Through the program, Binance is looking forward to collaborating with over 100 brokers to jointly grow the blockchain ecosystem. The program offers matching services, account management, and settlement systems to its partner brokers. With Binance Futures Broker Bonus Program, there is a bigger growth that awaits all the brokers.

“Each of our broker partners is able to earn significant rebates and commissions on the trading fees that come to Binance through their efforts. Our partners also benefit from Binance’s liquidity, market depth, asset management, and security infrastructure, and personalized marketing support. Our top brokers also get rewarded, using 10% of the revenue we generate from the program,“ Binance announced.

Binance has shared the Binance Broker API to more than 100 brokers in the past six months, including trading platforms, trading bots, asset management teams, crypto wallets, and more. The exchange was able to activate over 10,000 active users which result in an additional $100 million daily average trading volumes.

Brokers also play a major part in Binance's marketing growth initiatives. In its ongoing Binance Futures Trading Tournament, over 30 teams that have participated were referred by brokers, so the firm wants to make the experience more rewarding for its broker partners.

“With the newly-launched Binance Futures Broker Bonus Program, you can now earn a bonus of up to 72,000 USDT, based on the fees paid by your referrals over a period of one calendar month,“ Binance continued.

“This is on top of the 30% commission you’ll earn from referring new users to Binance. This means that if your referrals end up paying 360,000 USDT in trading fees, you get to earn a total of $180,000 from commissions and bonuses.”

Check out the table below to see the details.

Binance is expanding its broker support network to accommodate more partners. In fact, it is looking for talented people to support the growth of its broker program.

Meanwhile, Binance already addressed the B.K. user crypto scam case. The exchange said that it is committed to combating fraud and it cooperated with the Korean law enforcement agency. Binance already returned the scammed funds back to the victim.

TokenPost | [email protected]

<Copyright © TokenPost. All Rights Reserved. >

To leave a comment, please sign in.
More
  • Bitcoin (BTC) $11,881.60 (+1.45%)
  • Ethereum (ETH) $395.90 (+1.11%)
  • XRP (XRP) $0.224600 (+0.84%)
  • Bitcoin Cash (BCH) $302.59 (+0.51%)
  • Chainlink (LINK) $13.44 (-3.24%)
  • Bitcoin (BTC) $11,881.60 (+1.45%)
Feb 21, 2020 (Friday)
12:01
Paxos launches blockchain-based securities settlement solution with Credit Suisse and Instinet
12:00
Brazil to launch new payment system in response to cryptocurrencies
11:59
Digital currency exchange Coinbase Pro lists Kyber Network token
11:57
Norwegian Air to soon start accepting crypto payments
10:21
Swedish central bank begins CBDC pilot with Accenture
09:51
Italian soccer team Juventus launches ethereum-based digital collectibles with Sorare
Feb 20, 2020 (Thursday)
14:16
Telecom companies complete cross-carrier mobile payments using blockchain
11:53
National Stock Exchange of Australia to develop DLT-based digital securities trading platform
11:00
South Korean ICO project discontinued, to return $7.5M to token holders
10:36
Samsung maintains crypto support in soon-to-launch Galaxy S20
09:41
BIS appoints Innovation Hub heads to lead Singapore and Switzerland
09:15
Coinbase becomes first crypto company to receive Visa principal membership
08:59
Dubai Economy and six banks launch KYC Blockchain Consortium
08:26
Crypto Technicals: ETH/USD under downside pressure after 'Bearish Engulfing' pattern
07:12
Tim Draper buys $1M worth of Aragon Tokens to create digital courts for DAOs
06:13
Renewable energy firm Acciona commits to take CBI’s blockchain-based carbon credits trading platform global
05:02
Crypto Technicals: BTC/USD trades below 21-EMA, break below 4H 200 MA (9386) to trigger further downside
04:56
Crypto exchange Coinfloor to launch a simplified bitcoin buying service
04:35
Indonesia’s customs department joins IBM- Maersk blockchain shipping platform “TradeLens”
Feb 19, 2020 (Wednesday)
12:46
Crypto custodian BitGo acquires digital securities startup Harbor
Subscribe to the TokenPost newsletter!
Don't show me this again today.
Back to top
Copyright ⓒ TokenPost. All Rights Reserved.
PUBLISHsoft