A post by @binance on X.

Binance launched a limited-time referral campaign in which both the inviter and the invited user can receive $40 when eligibility requirements are met. The promotion applies to new users invited to the exchange during the campaign window, with the reward contingent on qualifying conditions rather than paid unconditionally. The offer is aimed at converting newcomers exploring crypto into active Binance users while giving existing users an incentive to bring in new participants. Because the tweet disclosed no token prices, trading volumes, or total value locked, the campaign's impact will show up in user growth and onboarding metrics rather than in spot market data. What to watch next is the campaign's end date and the specific eligibility criteria, which will determine how many referrals actually convert into paid rewards.