How this site is paid

What is the arrangement?

This site holds a Binance referral code, BN8692. If someone registers a Binance account using that code, Binance pays this desk a share of the trading fees that account subsequently generates.

That is the whole business model. There is no advertising, no sponsorship, no paid placement, no affiliate relationship with any other company, and nothing is sold on this site.

The payment is ongoing rather than one-off: it is a cut of fees as they are charged, not a bounty for the sign-up. Which means this desk earns more when a referred account trades more. That is the incentive, stated plainly, and the rest of this page is about what is done to keep it from distorting the writing.

Does using the code cost me anything?

No. Registering with a referral code does not raise your fees, and it normally attaches a discount of up to 20% on trading fees to your side as well.

The share paid to a referrer comes out of the fee the exchange was going to collect regardless. Your side of it is a discount rather than a surcharge — using the code leaves you paying less than registering without one, not more.

Two honest qualifications on that 20%. It is a ceiling set by Binance, not by this site: the rate attached to any code varies with their current promotions and is displayed to you during sign-up, so treat it as "up to" rather than as a fixed entitlement. And in absolute terms it is a discount on a rate that is already a fraction of a percent — on a small account the saving is measured in cents. The fee write-up quantifies it rather than talking it up.

Where does the link appear?

On exactly one page: inside the account setup guide, at the step where the referral field is being explained. Nowhere else in this edition — the Kiswahili and French editions each carry one equivalent link on their own version of that page.

Not in the navigation, not in the footer, not at the end of articles, not in the calculators. The code itself is shown on the homepage as plain text with a copy button and no link attached, because a reader who wants it can type it into the exchange’s own form without going through anything of ours.

This is deliberate and it is a constraint on the site rather than a courtesy. A site that funnels every page toward one sign-up link is a doorway with articles attached, and both search engines and readers can tell. The writing has to stand up on its own or the arrangement is not worth having.

The test applied to every page: would this still be worth publishing if the referral code did not exist? If the answer is no, it does not get published.

How does this affect what gets written?

It creates a bias toward encouraging trading, and the correction applied is to be specific about costs and blunt about risk even where that reduces sign-ups.

You should assume the incentive is real rather than take a promise that it is not. What you can check is whether the output looks like the output of a site trying to maximise sign-ups. A few things that would be different if it were:

• The account setup guide would not spend a section explaining that the referral discount is worth less than people expect on a small account.
• The liquidation calculator would not carry a note that most retail accounts trading leveraged crypto lose money.
• There would be a sign-up button in the navigation and at the end of every article.
• The withdrawal and slippage pieces would be shorter, because they explain costs that make trading look less attractive.

None of that makes this site neutral. It is not neutral. It means the bias is disclosed and partially counterweighted, which is the most any commercially funded publication can offer.

What is the relationship with Binance?

A referral code and nothing else. This site is not operated by, affiliated with, endorsed by or speaking for Binance.

Nothing here is reviewed or approved by them. Where this site describes their fees, tiers or processes it is reading their public pages the same way you can, and dating what it read. Where those descriptions go stale, that is this desk’s error to correct, not theirs.

Binance can change the referral programme, the discount rate or the terms at any time, and can end the arrangement. If that happens the affected pages get updated and the change is logged on the corrections page.

Do you know if I signed up?

Not individually. This site sets no cookies and has no way to associate a visitor with an exchange account.

Whatever reporting the referral programme provides is aggregate and sits on the exchange’s side, not here. The one measurement script on this site is Google Analytics, running in a mode that stores nothing in your browser: it counts page views and knows nothing about who you are on the other end of a referral link — the privacy page sets out exactly what it does collect.