Dear CoinEx users,
To promote healthy development of CoinEx ecosystem, further realize our vision of building a world-class crypto asset trading platform, and bring more-than-ever benefits to those who have been constantly making great contributions for CoinEx ecosystem, we are thrilled to reveal CoinEx referral program upgrade as follows:
1. What is Referral Reward?
By inviting friends to register with referral link or code and trade on CoinEx, the referrer can receive a corresponding proportion of the transaction fee generated by the referee. The reward will be settled in CET according to the exchange rate, and allocated to the referrer’s account the next day. After upgrade, the referee can also share commission fees accordingly. To learn more about referral rewards, please visit: https://www.coinex.com/activity/refer
2. Referral reward upgrade time
May 7, 2021 (UTC)
3. FAQ
· What are the differences after upgrade?
1. Before upgrade: Your referral ratio is related to CET holding.
After upgrade: Your referral ratio is related to VIP level.
|
VIP Lv |
Referral ratio |
|
VIP0 |
15% |
|
VIP1 |
20% |
|
VIP2 |
25% |
|
VIP3 |
30% |
|
VIP4 |
35% |
|
VIP5 |
40% |
2. Before upgrade: Referral reward is not available for your invited friends who have completed registration and trading.
After upgrade: The referee can also share commission fees after completing registration and trading.
Referee reward ratio = Basic referral ratio * Kickback ratio. For instance, user A invites user B for registration and user A will receive 40% on transaction fees every time user B makes a trade. Now, user A can set a kickback ratio (0-100%) and give back some of 40% commission fees to user B. By readjusting ratio, both user A and B receive a fixed proportion of rewards and their commission ratio will fluctuates accordingly as their basic referral ratio changes (i.e. VIP level up, becoming CoinEx Ambassador etc).
3. Before upgrade: Users can only use ONE fixed referral link.
After upgrade: Users can create up to 20 referral links and set different kickback ratios for different friends.
All users will start with a default referral link and can create 19 links additionally (20 links at most including the default link). For different links, users can set different kickback ratio, note or change default link etc.
4. Before upgrade: No access to detailed referral reward data.
After upgrade: Full access to their referral/reward history; Sort and view records by referral codes.
Referral history will be categorized into Spot and Futures referral instead of overall referral datas.
5. Before upgrade: NO graphics for promotional datas
After upgrade: Promotion analysis is supported so that users can have a better understanding of their promotional outcomes via graphics.
Your daily data of total number of referred friends and referral rewards will be presented in the form of graphs.
6. Various styles of invitation promotion copy and poster are available for your picks
· How is CoinEx VIP related to your referral ratio?
Your referral ratio is updated in real time according to CoinEx VIP level. Details about CoinEx VIP:
There are various levels for CoinEx VIP members and depending on your VIP level, you will enjoy different Taker/Maker fees discount.
1. You can update VIP level when your CET holding meet the requirements.
2. Based on the snapshots result of CET holding (Holding in the bound non-CoinEx address included) taken at 0:00 (UTC), all VIP Level will be updated at 1:00 (UTC) on a daily basis.
3. VIP fees discount is applicable on top of discount using CET as fees.
4. After the VIP is activated, the discounts will be automatically calculated and applied to your orders.
Learn more about VIP Level and Discount: https://www.coinex.com/my/info/level；
Buy CET and become VIP: https://www.coinex.com/exchange/cet-usdt
· Can I enjoy permanent rewards for inviting friends?
The effective period of the referral reward begins with the time when the referee creates the account, and the effective time is reduced by half after 6 months. After 12 months, there will be no referral reward for this referee. (Apply for CoinEx Ambassador and enjoy the reward forever)
CoinEx reserves the right of final interpretation of this announcement.
CoinEx Team
May 7, 2021
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