Our referral program provides an easy way to earn BTC whilst encouraging others to use the platform.
1. Complete the registration process on our platform. After you've verified your email, you will receive a referral ID and referral link.
2. Share your link or QR code with family, colleagues and friends. You can also post it on your social media pages, a personal blog or on forums. Whichever platform you choose, please avoid spamming. If you need any help to present the platform, please use our Marketing kit (downloadable from the Referrals page).
3. To keep track of results, you can use the Referrals page. Here you can see your total number of referrals, as well as estimated earnings in the 'Your Referral Friends' module.
Please note, only users that have deposited funds and executed at least one trade count as active referrals.
4. Here is how earnings are estimated and what your results mean in terms of numbers. The baseline commission fee is 20%. However, you can earn up to 40% if the monthly turnover or your referral(s) reaches more than $300,000. To help you monitor this number we've added a progress bar to the Referrals page. As you will see, this progress bar has 4 levels. In addition to 20% (1st level) and 40% (4th level), there is a 25% (2nd level, $100,000-200,000 monthly turnover) and 30% (3rd level, $200,000-300,000 monthly turnover).
Please note, commission fees are calculated daily at 12:00 AM and are based on your current reward level at the moment of calculation. This means that if on December 26th you have reached the 2nd level of the program, earnings for the 26th as a whole will be calculated at 25%.
Reaching the next level of the program doesn't affect previous earnings. For example, if you reach the 3rd level of the program on December 27th, commissions for the 27th and onwards (until the next level is reached) will increase but your fee for December 26th will remain the same (25%) and your fee for all the previous days of the month will still be 20%.
5. You can see how much you've earned during a month under 'Estimated Earnings'. Estimated earnings are calculated every day at 12 AM GMT and the value is based on the market rate of each currency in BTC at that time. The monthly payment will be deposited into your Wallet on the first day of the following month. You can withdraw it or use it on the platform at your own discretion.
Please note, once we start using COV pairs with all other cryptocurrencies, referral commissions will be paid out in COV to drive demand for our native token even further.
Turnover is counted every month, from the first to the last day. As you can see, it's calculated in USD in the Reward section, however, remuneration is counted in BTC.