Rewards Structure in Referral Program (Updated on 2 Oct 2018)

There are totally 2 types of rewards in Plutux’s referral program - Shard Reward and Referral Bonus.

1. Shard Reward

Once their identity has been verified, you (the referer) and your friend (the referee) will both earn up to 22 Shards.

Upon your referee’s registration, both you two will earn the first 2 Shards. Once your referee has completed his/her identity verification, the remaining 20 Shards will be rewarded afterwards.

Shard(s) is the major rewards unit earned by users inside our Community Hub, including BullRun and bounty campaigns. Learn more here.

2. Referral Bonus

The percentage is determined by two factors:

Whether you pre-registered before the exchange has launch or registered after exchange launch. If you joined during pre-registration, the percentage started off at 25%. If you joined after the exchange has launched, the percentage started at 20%.
The level of your user account. You can increase your referral bonus percentage by leveling up your user account through trading, depositing or refer more friends. When reaching certain levels, your referral bonus percentage will increase as shown below in the table. See how user levels works here.

Trading Fee Reward #1

Every time your friend completes a trade successfully, particularly when an order has been executed, a percentage of the trading fees they paid will be awarded to you. This reward will last for one year, starting when the friend has completed the identity verification process, or starting when the exchange launches, whichever comes later.

Trading Fee Reward #2

If your friend also has their own referrals, you will also get a percentage of the trading fees generated by their friends. This reward also last for one year starting when the friend has completed the identity verification process, or starting when the exchange launches, whichever comes later.

You will be able to start levelling up once the exchange has been launched.

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