Binance (BNB-USD) has announced it will double the referral commission rewards from 20% to 40% for all accounts holding 500 BNB or more. The new scheme took effect on May 19, 2018, for all users affected. Those with a BNB balance below 500 will remain in the 20% tier.
Binance is in a period of transition as it moves its headquarters, deals with regulatory and competitive pressures and seeks to decentralize its trading platform.
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