Multi level referral network: earn a revenue share when your friends trade
Once a user signs up using your invite link / invite code, they become your Level 1 Referral. The unique Invite link, invite code and QR code can be found in your Partner Program dashboard.
When your Level 1 Referral buys or sells crypto on Noones using any cryptocurrency (BTC, USDC, and/or USDT), you will earn a reward on their trading fees.
When your Referral invites friends using their invite link, new users automatically become your Level 2 Referrals.
Moreover, when your Level 2 Referrals become referrers themselves, all the users signed up with their invite code become your Level 3 Referrals.
You will earn rewards on your Referral network trading fees. The rewards are paid out for the first twelve (12) months upon Referrals’s sign-up.
The rewards are calculated the following way:
- The base rate varies depending on the Referral Level.
Level 1 Referral base rate - 10%
Level 2 Referral base rate - 7%
Level 3 Referral base rate - 3%
- You get 10% of the escrow fee for the trade which involved your Level 1 Referral (either buying or selling crypto).
- You get 7% of the escrow fee for the trade which involved your Level 2 Referral (either buying or selling crypto).
- You get 3% of the escrow fee for the trade which involved your Level 3 Referral (either buying or selling crypto).
- If a trade involves two users and both were invited by different Partner Program participants, the reward is shared 50/50, i.e. each participant gets a half.
- No reward is paid out for canceled (or otherwise uncompleted) trades or your own trades with your referrals
Your earnings in different cryptocurrencies can be withdrawn from the Partner Program balance to your Noones wallet. After withdrawing you have the option to sell this crypto on the platform or send it out.
You can withdraw from the Partner Program balance by clicking on the Withdraw button in the Partner Program Dashboard, once you have the equivalent of 5 USD in one of the cryptocurrencies.
If you do not withdraw a Partner Program reward in 6 months, it will expire on the first day of the next month.
On January 15th a Level 2 Referral of yours makes a Gift Card trade for $100 worth of USDT. The escrow fee paid was 5 USDT and your Partner reward was 5 * 7% = 0.35 USDT.
On February 4th another Level 1 Referral of yours makes a number of Giftcard trades for $1000 worth of USDT. The escrow fee paid was 50 USDT and your Partner reward was 50 * 10% = 5.00 USDT. Now your Partner Program USDT balance is 5.35 USDT and you can withdraw it.
If you don’t withdraw your reward by August 1st, your January earnings will expire. Your Partner Program USDT balance will be 5.00 USDT. On September 1st your February earnings will expire too and your balance will become zero.
By onboarding actively trading partners, you will be generating more rewards. If you own a blog / telegram channel about trading, feel free to invite your partners to try Noones. Do not abuse this though, our Terms and Conditions specifically disallow spam and impersonating Noones employees.
Become an advocate - help your friends onboard to Noones, explain to them how trading works and how they can profit from that. The sooner your Partners become active traders, the more rewards you will earn. Check the list of your referrals in your Partner Program Dashboard. You can contact your referrals by clicking Start Chat in their profile.
Use your invite codes wisely:
- For blogs and social media use the invite link
- For Telegram groups and other types of communities where links are not allowed, use your invite code (which equals to your Noones username)
- When chatting with your friends offline, help them to install the Noones app and ask them to scan your QR code
- When talking to your friends, feel free to share your Noones profile link - this also acts as an invite link!
- Learn and spread the word about Noones Bitcoin Rewards that is another way to get free sats
Please note that all invite links and codes contain your username. If you ever happen to change your username, your old links will become invalid!
To avoid your earnings from expiring, check your Partner Program Dashboard at least once a month and Withdraw your rewards as soon as they are available.