The BinaPay Reward program allows eligible users to earn rewards through two main opportunities:
Welcome Bonus – a reward for new users who join through a referral and complete the required activities.
Referral Bonus – a reward for existing users when someone they refer completes the required activities.
This guide explains how both rewards work, the requirements to qualify, how to check your earnings, and how to withdraw your rewards.
BinaPay Reward is a reward program that allows users to earn bonuses by joining through a referral and/or referring new users.
The program is divided into:
Welcome Bonus
Referral Bonus
The amount of each reward may vary depending on the current BinaPay Reward campaign.
To qualify for the Welcome Bonus, a new user must complete the required steps below.
You must register using another user's referral link or referral code.
If you register without being referred, you may not be eligible for the Welcome Bonus.
You must complete your identity verification (KYC) to at least Tier 1.
Make sure your verification is successfully completed before proceeding to the next step.
You must complete a qualifying crypto transaction of at least the required minimum amount.
Currently, the minimum transaction amount is $5, but this amount may change depending on the active reward campaign.
The transaction must be a crypto transaction. For example, you may deposit naira and Withdraw the Crypto.
In simple terms, you need to complete the required crypto trading/transaction activity after meeting the referral and KYC requirements.
To qualify, you must:
Register through a referral link or referral code.
Complete KYC to at least Tier 1.
Complete the required crypto withdrawal transaction.
Meet the current minimum transaction requirement (currently $5).
Once all the required conditions are successfully completed, you become eligible for the Welcome Bonus.
Important: Reward requirements and minimum transaction amounts may change at any time based on the active BinaPay Reward campaign. Always check the current requirements before completing the task.
Existing users can earn a Referral Bonus by inviting new users.
The process is simple:
Share your BinaPay Reward referral link with someone who has not yet registered.
The person must register using your referral link or referral code.
Your referral must complete all the requirements for the Welcome Bonus, including:
Registering through your referral link.
Completing KYC to at least Tier 1.
Completing the required crypto withdrawal transaction.
Once your referral successfully completes the requirements and receives their Welcome Bonus, your Referral Bonus is credited to your BinaPay Reward balance.
The reward is credited automatically once the qualifying conditions have been met.
You can check your reward earnings directly from your account.
Follow these steps:
Menu → BinaPay Reward → View Earnings
From View Earnings, you can see your available BinaPay Reward earnings and track the rewards you have received.
Your BinaPay Reward balance is separate from your main Naira wallet.
To transfer your reward into your main Naira wallet, you must have a minimum balance of:
Once your available reward balance reaches at least ₦1,200, you can transfer the reward to your main Naira wallet.
After the transfer, the funds become available in your main Naira wallet, where they can be used or withdrawn according to the available wallet options.
| Reward | What You Need to Do |
|---|---|
| Welcome Bonus | Register through a referral + complete Tier 1 KYC + complete the required crypto withdrawal transaction |
| Referral Bonus | Refer a new user who completes all Welcome Bonus requirements |
| Current minimum transaction | $5 |
| Minimum reward withdrawal | ₦1,200 |
| Withdrawal fee | ₦0 |
| Check earnings | Menu → BinaPay Reward → View Earnings |
BinaPay Reward requirements, reward amounts, transaction thresholds, and other campaign conditions may be updated at any time. The requirements stated above reflect the current process and should be treated as a guide.
If the requirements displayed in your BinaPay Reward section differ from those in this article, follow the requirements currently displayed in your account.