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Author Topic: Binance is Offering 30$ Fee rebate  (Read 145 times)
UmerIdrees (OP)
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June 28, 2023, 07:52:37 AM
 #1

I got this email from Binance where they are offering a 30$ fee rebate if you deposit 10$ worth of cryptocurrencies in your account.



First, I wanted to know if other Binance users also got this promotional email or if is it only exclusive to me ( as it is mentioned as Your Exclusive Reward)

Secondly, upon deposit of any 10$ worth crypto, it will get activated or there are any pre-requisites to avail of this offer?

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June 28, 2023, 08:37:58 AM
 #2

I already receive those vouchers every month I have vouchers for fee rebates sometimes $10 or $20 USDT I already use them 4 times.
But today, I didn't receive anything so it's exclusive only to random users only or to new users.

Look at my previous voucher expired that I didn't use last February below. But the voucher that I receive in March, April, and May I used them to get a few rebates.


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June 28, 2023, 02:59:54 PM
 #3

Secondly, upon deposit of any 10$ worth crypto, it will get activated or there are any pre-requisites to avail of this offer?
@UmerIdrees, BitMaxz has briefly explained to you about the Trading Fee Rebate Voucher on Binance, not all Binance users get the Rebate Voucher email, only for those who trade only, especially for those who trade Futures options on Binance.

Before you activate the Trading Fee Rebate Voucher on Binance, you need to understand first about.
Quote
Please note that the value of the Trading Fee Rebate Voucher and Platform Fee Rebate Voucher will be deducted each day according to the rebate distribution until the depletion or the expiry of the voucher. To check the trading fee rebate distribution history, go to [Wallet] - [Transaction History] - [Distribution] or click [Detail] on the voucher.

You can see here the uses/advantages and risks and disadvantages of activating Rebate Vouchers.

How to Redeem Trading Fee Rebate Voucher and Platform Fee Rebate Voucher

Hope it is useful.

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June 28, 2023, 05:12:21 PM
 #4

It is another marketing trick, they reduce the fees by a certain percentage and for a certain period to force you to do the trading in that period which means that more liquidity will appear as if it interacts in the platform which is wrong.
If you do not need to trade, do not make a deposit to benefit from the 30% discount, you cannot withdraw that money and it is a discount that they may manipulate because most of us do not check the fees that we pay.
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June 28, 2023, 09:02:39 PM
Last edit: June 28, 2023, 11:02:13 PM by Potato Chips
 #5

Technically, it is indeed exclusive in the sense that they seem to have sent it out to a group of users.

However, knowing how generous binance is when it comes to their vouchers. My theory is there's a good chance it's just on rotation, which means at some point everyone will receive more or less the same voucher and perhaps with a slightly different marketing email content- if any.

In any case, I highly suggest reading the 'voucher rules' on 'rewards hub' before pulling the trigger to make sure you're able to meet the required conditions.

edit: grammar

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June 28, 2023, 10:40:36 PM
 #6

I always get to check my vouchers and these offers on my account but unluckily, I don't have these good offers so it's certainly for some users that have Binance has to offer it. Maybe not right now on my bracket but soon I might get to see some interesting offers because I've still got some but I have no interest on them as it's not enticing as this one. So, those little offers and vouchers that they have on my account just expires so that's maybe a factor why I don't get to receive like this one.

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UmerIdrees (OP)
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July 07, 2023, 07:18:53 AM
 #7

It is another marketing trick, they reduce the fees by a certain percentage and for a certain period to force you to do the trading in that period which means that more liquidity will appear as if it interacts in the platform which is wrong.
If you do not need to trade, do not make a deposit to benefit from the 30% discount, you cannot withdraw that money and it is a discount that they may manipulate because most of us do not check the fees that we pay.

You are right about this, as I got this voucher which I needed to activate in 10 days and once activated I can only use it within the next 10 days.
This means that Binance wants me to trade frequently within these 10 days if I have to make full use of this 30$ otherwise the remaining amount will be fortified.

I agree that they should keep a time limit but 10 days are not enough for low volume traders. I wished they should keep this active for at least a month or so  Huh

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July 07, 2023, 09:19:57 AM
 #8

I agree that they should keep a time limit but 10 days are not enough for low volume traders. I wished they should keep this active for at least a month or
I understand it differently, they are trying to say that there are high trading volumes, many users deposit their money, and there is no wash trading or fake bots but active users who trade, this increase in trading activity generates profits for them more than 30$ Fee rebate that they will give you knowing that you will not be able to withdraw That 30 bucks. If they give you a week or a month, they are the winners.

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