> For the complete documentation index, see [llms.txt](https://docs.predict.fun/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.predict.fun/binance-wallet-referrals/binance-wallet-referral-faqs.md).

# Binance Wallet Referral FAQs

### How do Binance Wallet referrals work? <a href="#docs-internal-guid-42dc4c71-7fff-c6a2-10c7-f72011e6d559" id="docs-internal-guid-42dc4c71-7fff-c6a2-10c7-f72011e6d559"></a>

Predict.fun provides referral rewards for users who trade prediction markets via the Predict.fun dApp on Binance Wallet.

When you invite friends using your Binance Wallet referral code, you earn 10% of their trading fees, while they get a 5% rebate on their own fees. Rewards do not expire.

### How do I start earning?

1. Open the Predict.fun dApp in Binance Wallet
2. Head to the **Referral** page and tap **Activate Referral Program**
3. Share your referral code (or link) with your friends
4. Once they bind your referral code and begin trading via Binance Wallet, you’ll start earning commissions on their qualifying trades.

{% hint style="info" %}
Note: the activation in step 2 is vital. Without it, you won’t earn rewards, even if you’ve already onboarded referrals.
{% endhint %}

### Do invitees need to activate anything? <a href="#docs-internal-guid-b6694a8a-7fff-aa76-151b-c7a74332eec5" id="docs-internal-guid-b6694a8a-7fff-aa76-151b-c7a74332eec5"></a>

No. As soon as they bind your referral code, they’re good to go, and will automatically receive their rebate on eligible fees.

### What referral code should I use?

Use your Binance Wallet referral code directly.

### Where do my invitees need to trade?

Only trades made via the dApp on Binance Wallet count towards your rewards. Those made via the Classic version, the Predict.fun website, or other frontends are not eligible.

### How are referral rewards calculated and paid?<br>

* Inviters receive **10%** of invitees’ eligible trading fees
* Invitees receive a **5%** rebate on eligible trading fees<br>

For an invitee that generated $10,000 in trading volume with a trading fee of 2%:

* The inviter will earn **$20**
* The invitee will earn **$10** <br>

All rewards are paid in USDT, and must be manually claimed via the Referral page.<br>

Some fees are paid in shares. In that case:

* If the share wins: it is converted into USDT and distributed.
* If the share loses: there’s no reward for the trade.
* If the market is unresolved: the reward is held, then distributed upon resolution.<br>

Unless otherwise specified, rewards are available to claim the following day.

### How do I claim my rewards?

Tap the **Claim** button on the **Referral** page in Binance Wallet, and your pending USDT will be credited directly to your account. Rewards never expire, so you can claim any time.