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Referral Rewards
Trading off a referral code can be mutually beneficial for both the referrer and the referee. Referrers stand to earn rebates on their referee's trading fees, while referees will receive a discount on their own trading fees.
Referral rebates can be further increased as referrers advance through the tier system, which is determined by their combined weekly trading volume.
To create a referral code:
- Click on the Affiliates tab
- Create a referral code using any combination of letters, numbers and underscores
Please be aware that referral codes are case sensitive. Once the code has been generated, click on the copy icon located next to the code to obtain your unique referral link.
When a referee clicks on your link, your referral code would be tagged to the referee's wallet. The referrer will continue to earn rebates even if the user uses another device later on as the referral code is stored on the contract the first time the user makes a trade. Each time your referee trades, they will receive a trading fee discount according to their Tier and Group while you will earn referral rebates, all real-time on-chain.
The discounts and rebates will be distributed weekly in $BNB on BNB Chain and $ETH on Mantle Network and can be viewed under the Referral Page. Please note that the referral program is subject to change as it is determined by the token holders of $KTC.
Referral Program Structure
To prevent gaming through self-referrals, the referral program has a tier system that ensures referrers receive rebates only for real users they bring onto the platform. The tier system operates as follows:
- Tier 1: Traders receive a 4% discount, and referrers receive an 8% rebate paid in $BNB/$ETH.
- Tier 2: Traders receive a 12% discount, and referrers receive a 16% rebate paid in $BNB/$ETH.
- Tier 3: Traders receive a 15% discount, and referrers receive a 20% rebate paid in $BNB/$ETH, with an additional 5% rebate paid in $esKTC.
Creating a Tier 1 code is available to everyone. However, to upgrade your code to Tier 2 or Tier 3, certain conditions must be met:
- Tier 2: At least 10 active users* must use your referral codes per week, and your combined weekly trading volume must be above $2 million.
- Tier 3: At least 20 active users* must use your referral codes per week, and your combined weekly trading volume must be above $10 million.
*An active user is defined as a wallet address that fulfills either of these two conditions during each rebate cycle: a) Stake over 200 BUSD or USDT equivalent OR b) Trading volume that is equal to or greater than 1000 BUSD or USDT equivalent.
If your account meets the criteria mentioned above, kindly complete this application form. After submitting the form, please send an email to [email protected] or inform the administrators of our Telegram group.
Rebates and discounts are applied to opening and closing fees for leverage trading on KTX.Finance. These fees are dynamic and there is no price impact for trades, with zero spread for tokens like BTC and ETH.
Rebates are calculated before user discounts, so referrers earn on the full maker fee and from what would otherwise be spread on other exchanges. Referrers earn equivalent amounts of rebates per volume on KTX.Finance compared to other referral programs.
Note that there is a cap of 10,000 esKTC distributed per week. If the price of $KTC is $3, the full 5% bonus can be paid for total Tier 3 referral volumes up to $300 million per week. $esKTC tokens distributed for this program will not require $KTC or $KLP to vest. The price of $esKTC will be based on the 7-day TWAP of $KTC. Wallet providers and other protocols will also be eligible for Tier 2 and Tier 3 rewards.
Last modified 14d ago