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Phase 1 of Referral Programme is paused from 17 Jan 2023. We will not be awarding rewards for any trade volume that your referrals accumulated after 17 Jan 2023.
Want to earn some passive income without doing anything? Here’s how you can by inviting your friends to Krystal.
The Krystal Referral Program allows you (Referrer) to refer friends (Referee) to trade on Krystal. Depending on the trade volume that your referee trades on Krystal, you and your friends will be able to receive bonus rewards.
There will be 5 different referral codes that you will be given on your wallet:
Based on the trading volume that your Referee generates, it will be allocated according to you (Referrer) and your Referee based on which code that you use.
Here are some examples to explain this further:
For example, let’s say that you refer a Referee using the first referral code. This means that the trading volume that your Referee generates will all be allocated to you.
If your Referee generates $2,000 USD of trading volume, the full $2,000 USD will be allocated to you.
In this example, you share the 3rd code, where 50% of your Referee’s trading volume is allocated to you, while the other 50% is allocated to your Referee.
This means that if your Referee generates $2,000 USD, $1,000 USD will be allocated to you, and the other $1,000 USD will be allocated to your Referee.
When you generate at least $2,000 USD worth of trade volume from your Referees, you will be eligible to receive rewards in BUSD!
Here are the referral rewards that you’ll receive based on the trade volume generated:
The more friends you refer, the higher the trade volume you’ll be able to generate, and the faster you’ll be able to receive the referral rewards!
What’s more, you don’t even need to trade on Krystal to accumulate these rewards!
If you used a referral code from your friend when you sign up that allocates 25% - 100% of your trade volume to your own rewards, you will be able earn rewards while you trade too.
The first thing you’ll need to do is to go to the referral section on Krystal’s platform (Explore > Referral).
Once you’re there, you will be shown 5 different referral codes that you can use.
After copying a referral code, you can ask your Referee to use the code when he/she is creating or importing a wallet in Krystal.
On the referral page, you are also able to view:
- Your referral codes
- The total referral rewards that you’ve accrued
- The total referral volume that you’ve accumulated
Once you have accumulated enough trading volume, you will be able to redeem your referral rewards.
What are you waiting for? Refer your friends to Krystal now!