Referral program
Last updated
Last updated
By referring other users to the platform, users can earn rewards through the S-Trade referral program. The goal of the referral program is to motivate users to actively participate on the platform and invite others to do the same.
To become an active user and start earning rewards, a user must complete the registration process, including KYC verification, and have made at least one trade on the platform. Rewards of up to 50% are awarded for all kinds of trading activities, including spot trading, margin trading, and futures contracts.
Provided there is no friend with an equal or higher level than yours between you and the user who made the trade, you will receive rewards issued from the entire depth of the team. As long as there is no level conflict, users can profit from the trading activity of each user on their team.
Based on the commission that the user who executed the trade paid, the referral program algorithm determines the reward. The bonus is immediately credited to the user's account and is calculated as a percentage of the commission received. Every 24 hours, an award transfer to the principal balance is possible. The referral program algorithm considers the user's position within the team as well as the quantity of users who are actively participating.
The more friends a user invites, and the more active users become in his team, the more reward he gets.
A user will not be eligible for a reward if they do not meet the criteria to become an active user or if their friendship level is insufficient. The user's account is immediately credited with the rewards, and a transfer to the principal balance is available once every twenty-four hours.
The S-Trade referral program is created to reward users who actively participate and invite friends to use the platform. Users have a strong incentive to refer new users to the platform because of the program's ability to reward them for the trading activity of every user on their team.
Here's a more detailed explanation of the referral program algorithm:
The commission paid to users who refer new users to the platform is determined by a set of rules called the referral program algorithm. The referral program in this instance is for S-Trade, and the algorithm is based on a portion of the trading fees generated by the user who referred them.
β There are no restrictions on the depth of the referral team. You can continue inviting friends and users to join the S-Trade referral program and earn commissions from their trading activities.
In each case, a portion of the trading fees that the referred user generated is used to pay the referring user's commission. The level of the referring user and the number of active users in their team affect the commission percentage. The referral program algorithm makes sure that the commission is calculated correctly based on the level and activity of the referring user, and that it is paid to the correct user.