UPcoin Referral Program — How does it work?
UPcoin referral program gives you the opportunity to earn money sharing your referral link and generate new subscriptions to UPcoin trading platform.
Before reading, if you don’t know what UPcoin is you should read this post
First you need to register on UPcoin official website and create your free account. Confirm your email address and you’ll see your referral link. Copy this link and share it with your friends, on your blog, where you want (avoid spamming, it’s always a bad solution).
This is how your dashboard appears after registration:
You can see how many users clicked on your invite link and how many of them signed up to UPcoin. Remember that qualified referrals section is the most important.
Who is a qualified referral?
A qualified referral is a user who has deposited funds to UPcoin.
Let’s make an example:
1. You gave your referral link to 128 users; out of them 100 signed up at UPcoin.com
2. Out of this 100, 85 users made a deposit to UPcoin. They immediately become qualified referrals. Your dashboard will show the number of your qualified referrals.
3. Out of these 85 users, 54 are actively trading. It means you will be receiving your fees from the trading fees these 54 qualified referrals will be generating.
Now that you know what a qualified referral is, you will notice four statuses: newbie , partner (20% reward), premium partner (30% reward), vip partner (50% reward).
How UPcoin partner status work?
1. First 200 referrals who make 50+ QUALIFIED referrals will get 50% of their referrals’ trading fees (VIP partners).
2. Next 200 referrals who make 30+ qualified referrals will get 30% of their referrals’ trading fees (Premium partners).
3. All the rest can become partners, get 20% of their referrals’ trading fees. UPCoin referral program is on an ongoing basis. This means you can bring unlimited number of referrals at any moment, during pre-launch, beta testing or after trading begins. You will be getting 20% of your referrals’ trading fees for as long as they keep trading. To start getting your referral fees, you need to have at least 10 qualified referrals.
The number of qualified referrals will be calculated within 30 days from the date trading opens (April 1, 2018) and partner statuses will be assigned. Therefore, you’ll able to understand the real quantity of your referrals after the launch of the project, when your referrals start trading. Your status will be determined based on two things: the timestamp of your registration and the number of your qualified referrals.
Obviously, the earlier you signed up, the more chances you have to get your VIP or Premium status.
Official UPcoin website registration
How do your referral fees work?
The referral fees you get at UPcoin are fully withdrawable and spendable at your own discretion. The referral fees you get are generated by your qualified referrals (basically, anyone who trades at UPcoin is a qualified referral). Referral fees will be generated and paid in real time and you will see aggregated stats for the current month. Payment will be made based on the market of your trade. For example, if your referrals trade within the BTC market, you will get your referral fee in BTC; same holds for other markets.
How can i get my $500 sign up bonus?
Unfortunately, UPcoin $500 signup bonus has expired at the time of writing, but you should not loose the opportunity offered by UPcoin referral program as soon as possible!
All users who have registered before Jan 22, 2018 and have confirmed their email addresses, will get their $500 sign up bonus. This bonus can only be used to cover your trading fees.
