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Binance Ends Turkey Retail Referrals amid Regulatory Shift
Cryptocurrency giant Binance has officially terminated its retail referral program in Turkey, marking a significant shift in its operations within the country. This decision comes just months after Binance registered its services with Turkey’s Capital Markets Board, aligning itself with the nation’s evolving regulatory landscape.
On October 23, 2024, Binance released a statement confirming the termination of its referral program for retail users. The company stressed that this step was necessary to meet local legal requirements. Although the referral program is over, Binance assured Turkish users that the platform’s core services would continue as usual, without disruption.
The statement also clarified that all referral codes from Binance.com are now void for users in Turkey. This update ensures no new commissions can be earned under the now-terminated program.
“All referral codes accessed throu
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