BuyCoins Referral Program

A few months ago, we created a referral program for our peer-to-peer service. It was a way for us to reward our users for inviting people to use the BuyCoins app.

Recently, we noticed a significant increase in sign-ups and trading activities generated by user referrals. This was very exciting for us because it meant that more people are getting told about BuyCoins and using our app.

We, however, decided to take a closer look at things and discovered that a number of users were trying to game the referral system by creating multiple accounts with multiple identities in order to earn referral rewards. There were over a thousand user accounts involved in this and we had to restrict all the accounts involved while we conducted further investigation.

Because of this, we decided to end the referral program on Saturday, 6th of June 2020 and suspend payment of referral bonuses.

We sincerely apologise to our users who were affected by this restriction and we have gone on to reactivate accounts of users who we found not to be involved in this.

If your account was restricted, kindly send an email to us at support@buycoins.africa and we will get back to you.