What is the Poloniex Referral Program and how does it work?
Our Referral Program allows all eligible existing Poloniex customers to invite their friends to Poloniex and earn from the trading fees trading fees your friends pay. As the inviter, you’ll earn 20% on your friends’ trading fees and they’ll earn 10% back.
Who are inviters?
Inviters are customers who bring their friends (referrals) to Poloniex. When a referral creates an account, they must add the inviter’s referral code to participate in the program. As the inviter, you’ll earn 20% on your referrals’ trading fees, and you can refer as many friends as you want.
Who are referrals?
Referrals are customers who were invited by a friend to Poloniex. When a referral creates an account, they must add the inviter’s referral code to participate in the program. As the referral, you’ll earn a rebate of 10% on your own trading fees. Once you have an account, you can also become an inviter and start referring your friends to earn more rewards.
How do I know if I am eligible to participate?
Accounts with both verification Level 1 and 2 can participate in the referral program. You can see if you are eligible by navigating to your account settings and finding your referral code. If you don’t see a notice saying you’re ineligible and have a code, you are eligible to participate!
Where can I get my referral code and how many times can I use the same code?
All existing Poloniex customers can access their referral code from within their account settings. Login to your Poloniex account to find your referral code. Share your referral code with your friends, family, and on your social networks! You can share your codes as many times as you like, and every person who signs up using your code will be another person you can earn from.
Who can I share my referrals codes with? Are there any restrictions?
You can share your code within your social networks to as many people as you like. However, customers cannot invite accounts owned or controlled by existing Poloniex customers. Once this behavior has been detected, you will be disqualified from the Referral Program and all unpaid earned or accrued referral rewards will be cancelled immediately.
Additionally, we are unable to accept referrals from and cannot pay out rewards to customer accounts that are frozen, closed, or based out of a country in our prohibited countries list. For further details, please refer to our User Agreement.
How can I apply an inviter’s referral code to my account?
In order to become a referral, you need to add the inviter’s code to your account when you first sign up. Once your account has been created, there is no way to apply the code. Be sure to apply your friend’s code before you create your account!
How long am I eligible to earn for?
Inviters and referrals are eligible to receive rewards for up to 180 days from the referral’s sign up date or until the inviter and referral together have received a combined aggregate of 5,000 USDC.
Where can I see my referral earnings and how often are they distributed?
Rewards will be paid out to inviters and referrals once each day in USDC. You can view all of your rewards by going here.
If I sign up or invite someone with a referral code, what information can the inviter/referral see about my account?
Both inviters and referrals can see the rewards they’ve earned through the referral program. The rewards are broken down by Inviter Rewards and Referral Rewards on both a cumulative and daily basis. Inviters can also view the total number of referrals that have signed up using their referral code but no further details on those accounts.
How are the net trading fees calculated?
Net trading fees are calculated on a trade execution level. Each time a referral completes a trade, we will calculate the fees they paid combined with the fees the counterparty on the other side of their trade paid.
Net Trading Fees = [Trading fees paid by referral + Trading fees paid by trade counterparty]
This calculation will occur for every trade your referral completes. The sum of net trading fees each day will determine both the inviter’s and referral’s daily reward payouts.
For more information on our Referral Program, please check out our Referral Program page and our program Terms & Conditions. If you still can’t find the answer you need, feel free to contact our Support Team and we’ll be happy to help you!