Crypto exchange Bitfinex is looking to boost user adoption with the launch of a new affiliate program.
According to the new affiliate page on Bitfinex, the program offers tiered referral rewards based on several factors including account authentication status and total LEO holdings. Bitfinex notes that users can earn fees of 38% or more while those who sign up with a referral code will obtain a rebate fee of 6%.
“We strive to provide our clients with the most engaging and social trading experience,” said Bitfinex CTO Paolo Ardoino. “We’re proud to launch the Bitfinex Affiliate Program and we believe that this program will help grow our crypto community even further.”
Bitfinex affiliates will also be entitled to multipliers of up to 2.16x on their commission and will receive rewards for up to 3 degrees of referrals.
“Crypto trading doesn’t have to be a solitary pursuit,” Ardoino added. “With our one-of-a-kind affiliate program, clients of Bitfinex are empowered to add value to their community and social network.”
Bitfinex isn’t the only exchange launching or beefing up an existing affiliate program. Binance’s referral program now allows investors to earn up to 40% of the commissions from all referred users while Binance.US is offering investors a $15 bonus for signing up on the new platform and trading $100 worth of crypto.
Voyager, a commission-free crypto brokerage app with 29 cryptocurrencies, recently launched its Refer-a-Friend Program, which lets investors earn up to $2,500 for referring other users to the app. US and soon international investors can sign up with this link to earn $25 in free BTC (or use code: SLUDGE25).
Image: Marco Verch / Flickr
Disclaimer: This article’s author has cryptocurrency holdings that can be tracked here. This article is for informational purposes only and should not be taken as investment advice. Always conduct your own due diligence before making investments.