As the world of crypto trading grows more and more competitive, Demex has launched its own unique referral program. In this article, we will explore how Demex's referral program works, why it was built, and how it differs from a centralized exchange's (CEX) referral program. We'll also discuss the program's unique selling points (USPs) and why it may be worth considering for those who want to earn more from their crypto trading.
How it Works
The Demex referral program allows users to invite their friends to join the platform. Once the invitee completes their registration and meets the requirements, the user who referred them receives a commission up to 15% on the invitee's trading fees. The commission rate is a customizable of the invitee's trading fees, paid in the same cryptocurrency that the invitee traded with.
Why it was Built
Demex's referral program was built with the aim of growing the platform's user base and incentivizing users to invite their friends to join. By offering a commission on invitee trading fees, the program encourages users to promote Demex to their network and build a community around the platform.
Different from CEX's Referral Program
Demex's referral program is different from a CEX's referral program in several ways. First, Demex is a decentralized exchange (DEX) that operates on a peer-to-peer network. This means that the referral program is not managed by a central authority but by the users themselves. Second, unlike a CEX's referral program, there is no limit to the number of people a user can refer on Demex. Lastly, Demex's referral program is transparent, and users can track their referral commissions in real-time.
Unique Selling Points
Demex's referral program offers several USPs, including a high commission rate, no limit to the number of referrals, and real-time commission tracking. Additionally, the program rewards users with a commission on trading fees paid by the invitee, rather than just a one-time bonus for referring them.
Demex's referral program is a unique way for users to earn more from their crypto trading. By incentivizing users to invite their friends to join, the program helps build a community around the platform while rewarding users for their efforts. Whether you're a seasoned crypto trader or just starting, the Demex referral program is worth considering as a way to earn more from your trades.