
How Crypto Exchange Referral Programs Work
Referral programs reward inviters and often invitees. Understanding attribution, reward types, and limitations helps you use them effectively without surprises.
Overview
In essence, you share a link or code. If the invitee signs up and completes required actions (e.g., KYC or minimum volume), attribution is recorded and rewards are released per program rules.
How it works: codes, links, tracking
- Unique link/code: identifies both referrer and invitee.
- Tracking: cookies and URL parameters; switching devices/browsers can break attribution.
- Attribution window: maximum time between click/signup/action that still qualifies.
- Milestones: signup, KYC, first trade or cumulative volume trigger different rewards.
Reward types
- Revenue share: share of invitee trading fees for a period.
- Bonuses/credits: balance, coupons, or fee cashback.
- Fee discounts: for invitee, referrer, or both.
- Tiered/VIP: higher percentages as you refer more users or volume.
The fine print and limits
- Terms can change; monitor the official page periodically.
- KYC/country requirements; some regions may not qualify.
- Anti-abuse policies: multiple accounts, self-referrals, and spam can disqualify rewards.
- Tax considerations: keep records and consult a local professional.
Evaluation checklist
- Revenue share percentage and duration
- Conditions to unlock/withdraw rewards
- Attribution window and tracking accuracy
- Invitee benefits (discounts, bonuses)
- Regional restrictions and compliance requirements
Sharing responsibly
Avoid spam, be transparent about terms and risks, and share in appropriate contexts. Keep conversation and proofs on-platform when applicable.
FAQ
What if terms change later?
Programs can update percentages and requirements. Check the official page frequently and keep snapshots of the current terms.
How is attribution handled across devices?
Usually via cookies or URL parameters. Switching browsers/devices or blocking cookies can break attribution.
Are rewards taxable?
It depends on your jurisdiction. Keep records of rewards and consult a tax professional.
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