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Referral Rewards
Both referrers and referee mutually benefit when trading off a referral code. Referrers would earn rebates on the referee's trading fees. While referees will enjoy a discount on their trading fees.
Referral rebates can be additionally boosted as referrers move up the tier system based on combined weekly volume.
To create a referral code:
- Click on the Affiliates tab
- Create a referral code using any combination of letters, numbers and underscores
Note that referral codes are case sensitive and once the code is created, click on the copy icon next to the code to get your 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.
The discounts and rebates will be distributed as BNB weekly and will be viewable under Referral. Note that the referral program is subject to change as it is determined by the token holders of KTX.
The referral program has a tier system to prevent gaming through self-referrals, this helps to ensure that referrers receive the rebates for the real users they brought onto the platform.
- Tier 1: 5% discount for traders, 5% rebates to referrer
- Tier 2: 10% discount for traders, 10% rebates to referrer
- Tier 3: 10% discount for traders, 15% rebates to referrer paid in BNB, 5% rebates to referrer paid in esKTX
Anyone can create a Tier 1 code. To upgrade your code to Tier 2 or Tier 3:
- Tier 2: At least 10 active users using your referral codes per week and a combined weekly volume above $5 million
- Tier 3: At least 20 active users using your referral codes per week and a combined weekly volume above $20 million
If your account fulfills this criteria, please submit the application form here. After filling in the form please send an email to [email protected] OR let the administrators of the Telegram group know.
Rebates and discounts apply on the opening and closing fees for leverage trading.The opening and closing fees are 0.1% on KTX, there is no price impact for trades and 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. As a result, referrers would earn equivalent amounts of rebates per volume on KTX when compared to other referral programs. Note that there is a cap of 10,000 esKTX distributed per week. If the price of KTX is $3 the full 5% bonus can be paid for total Tier 3 referral volumes up to $300 million per week. esKTX tokens distributed for this program will not require KTX or KLP to vest. The price of esKTX will be based on the 7 day TWAP of KTX. Wallet providers and other protocols will be eligible for Tier 2 and Tier 3 rewards as well.
Last modified 3mo ago