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I would get 50% of any fees you pay for transactions. so when you pay your 1% fee, 0.5 goes to Binance and 0.5% goes to your referrer. Or 0.5% and 0.25% if you use BNB to pay your fees (BNB is a binance crypto)

Thats why binance is exploding in volume.

I think they should encorporate a fee rebate for traders too. Like 10% goes back, or something like that.

Yeah it seams like a pretty lucrative referral. It says right in the FAQ that the % will likely change at one point in the future. It would be nice for them to give back to the referree too.