The affiliate program allows users to earn additional income for trading. It can also be used as the main activity, that is, not to trade on their own, but simply to advertise the FYBIT trading platform on the Internet by placing a personal affiliate link.
Many users choose this type of earnings, as it eliminates the risk that exists in cryptocurrency trading. After registering on the FYBIT platform, the user immediately receives a personal affiliate link, with which they can invite people to the platform.
When any user clicks on the affiliate link, they are taken to the FYBIT trading platform. He needs to go through a quick registration, which takes no more than one minute, and from that moment, he becomes a referral forever. The FYBIT affiliate program gives the opportunity to receive from 20% to 30% of the trading commissions of all users who register using the personal affiliate link. Accordingly, the more users register using the link and trade, the higher the income.
How Does the FYBIT Affiliate Program Work?
For each referred referral who successfully registers on the FYBIT platform, the user will receive a certain percentage of rewards from all trading commissions that referrals will pay on the FYBIT trading platform. It doesn’t matter what trades a referral makes, a trading commission will be charged for each of his positions, part of which will be the income. Each referral generates trading commissions for the life of the account. The percentage of remuneration that the referrer will receive depends on the total amount of the commission turnover of all referrals in all cryptocurrencies.
There are 3 affiliate reward levels on the FYBIT platform. The minimum amount of remuneration at level 1 is 20%. When the user reaches a total commission turnover of 2 bitcoin (BTC), they automatically reach level 2, and the reward is 25%. If they reach a commission turnover of 5 BTC, they have access to level 3 and 30% of affiliate income.
The amount of commission turnover is formed monthly and is accounted for one calendar month. For example, in the first 10 days of the month, all referrals paid a total trading fee of 3 BTC, and the referrer immediately reaches level 2. At the same time, the reward immediately increases to 25%, which is 0.75 BTC, and is already available for withdrawal on the 1st of the next month. If by the end of the month, all referrals pay another 3 BTC of trading commission and the total amount becomes 6 BTC by the 1st of the next month, then the referrer will have 30% or 1.8 BTC available for withdrawal.
On the first day of each month, users can withdraw their affiliate income for the previous month to their trading account. Withdrawal processing may take up to 3 days due to affiliate account verification. After the affiliate reward is credited to the trading account, users can use these funds to complete trading operations on the FYBIT platform or withdraw to their wallet.
Partner Account
Each registered user of the FYBIT trading platform already has a personal account of a registered partner, so additional registration is not required. All detailed information can be found in the Affiliate Program section:
The following information is available on the Affiliate Account page:
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- Find and copy the referral link;
- Find out the current amount of partner remuneration;
- The total commission earned for all time;
- The total number of referrals attracted;
- History of referrals of the affiliate account;
- Link to the FYBIT blog where users can find all the promotional materials they need.
On the Revenue by Period page, users can view the amount of commission turnover of all their referrals both for the current month and for the previous ones.
On the Payments page, display their affiliate income and see more detailed statistics of their earnings for each trading instrument.
Before participating in the affiliate program, please read the information on the Rules page.
What Are the Terms of the Affiliate Program?
Before users start working with the affiliate program, it’s important to carefully read all the terms and conditions and some restrictions. For example, an affiliate commission cannot be used as a discount on the trading commission for the referrer, that is, if it turns out that they have registered using their own affiliate link and receive income from this, then their affiliate account may be blocked. Full terms of the affiliate program can be found on the official website.
Users can personally recommend FYBIT to their friends and acquaintances or post a review of the FYBIT trading platform on their blog or social networks such as Facebook, YouTube, Twitter, Blog, WeChat, Instagram, Tumblr, Reddit, Skype, LinkedIn, Snapchat, Telegram and others.
Conclusion
In the FYBIT affiliate program, when compared to that of other exchanges, there are some visible differences, such as the unique step system and the lifetime participation in the program without pitfalls.
The remuneration is not the highest in the segment, but due to higher trading fees, the level of income can be higher than on other platforms with a higher percentage of commissions.
It is also necessary to highlight a very convenient and simple trading interface that will help attract not only professional traders but also beginners to the platform. This will be especially convenient for those involved in trading education: the FYBIT platform is suitable for learning the basics of trading and starting trading.
Disclaimer: The above article is sponsored content, and it’s written by a third-party, and is intended for promotional purposes only. It does not represent the opinions or the views of CryptoPotato, and nothing in it should be construed as financial advice. Readers are strongly advised to verify the information independently and carefully. Investing in cryptocurrencies carries a risk of capital loss, and readers are also advised to consult a professional before making any decisions that may or may not be based on the above sponsored content.
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