What is a referral code: a complete guide to the friend referral system in the crypto ecosystem

A referral code is a special identifier that allows cryptocurrency platform users to invite friends and earn rewards based on their activity. This system has become one of the most popular marketing methods in the crypto industry, creating mutually beneficial relationships between the platform, the inviter, and the newcomer. In this guide, we will explain how a referral code works and what rules participants need to follow.

What is a referral code and who can participate

Referral and reward systems operate on a simple principle: each participant receives a personal identifier to invite new users. A referral code is essentially a digital pass that links the inviter and the invitee.

Main participants:

• Inviter (initiator). Any platform user can be an inviter. No prior conditions or statuses are required to obtain a personal code.

• Referred user (referral). Must complete mandatory identity and address verification. Additionally, the newcomer must activate their account through platform actions. A typical requirement is to make a transaction of at least 100 USDT within the first 30 days after registration.

It is important to note that in some regions, including countries of the European Economic Area, participation in such programs may be restricted due to regulatory reasons.

Where to find and how to get your personal referral code

There are several ways to activate and share your unique referral code.

Via mobile app:

1. Open the app and log in
2. Go to the profile section (usually a “More” button or menu)
3. Find the “Referral Program” or “Invite Friends” option
4. The system will generate your personal referral code — a unique identifier
5. Share the code in various ways: text format, QR code, or direct invitation link

Via the platform’s website:

1. Log into your account
2. Open the “Referral Programs” section
3. Find the “Invite” button to activate the referral
4. Your referral code will be displayed in different formats for easy sharing

Each referral code is personal and exclusively linked to your account. It cannot be transferred to another user or changed after the first use.

How to apply someone else’s code during registration and activation

When you follow a link or scan a QR code, the inviter’s referral code is automatically applied to your account.

Manual entry of the code:

1. Complete identity and address verification
2. During the registration confirmation step, a field for entering the code will appear
3. Carefully enter the referral code — typos may cause it to be invalid
4. Double-check the code before clicking “Confirm,” as changes cannot be made afterward

It is critically important to remember: after submitting the account creation request, adding a referral code is no longer possible. The code is only applied once, during initial registration. If you forget to enter it, you cannot request to add it afterward.

Rewards and benefits for program participants

A referral code is not just a mechanism for attracting users — it’s a tool for earning bonuses. Participants receive various rewards depending on their achievements.

What the inviter receives:

• Bonuses for each successfully invited user
• Additional rewards based on the trading activity of your referral
• Cashback on commissions
• Special prizes and awards for the number of friends invited
• The amount of bonuses received is usually unlimited

What the referred user receives:

• Welcome bonus upon first deposit
• Cashback on trading commissions
• Special offers and privileges
• Typically, each user can receive only one reward as a newcomer

It’s best to check the current bonuses and special offers directly on the program page or in the “Bonus Center” section of your account.

Reward payout timing:

Once the referred user completes the required conditions (e.g., makes a transaction of at least 100 USDT), the bonus will be credited to the inviter’s account within 10 days. You can track your invitations in the “My Invitations” section in your personal dashboard.

Frequently asked questions about referral codes and their use

Can I add a referral code after registration?

No. The referral code is only applied during the initial account registration. After submitting the registration request, it cannot be added or changed. This is one of the most important points — carefully verify the code before completing registration.

What is a successful transaction?

A successful transaction is an operation performed after account verification. The referral system is activated only if the condition is met: a transaction of at least the minimum amount (usually 100 USDT) is completed within 30 days of registration. Note that simple card authorization does not count as a full transaction.

Do codes differ for different platform products?

Yes, many platforms distinguish between a referral code for the main account and codes for specific products (e.g., cards or DeFi services). This means you can use different codes when registering your account and when activating a particular product. For example, the code used during registration will not be replaced by a code entered later for a payment product.

Are there limits on the number of invitations?

The inviter can invite an unlimited number of friends and earn rewards for each. However, each invited user receives a reward only once. The referral code does not provide for repeated payments for the same person.

Does one referral code apply to all platform services?

Referral programs for different products operate independently. This means that the code entered during the main account registration does not extend to special products and services. They have their own systems of attraction and rewards.

A referral code is a tool that benefits all participants: new users get bonuses, inviters earn commissions, and the platform expands its user base. Careful adherence to rules and deadlines is key to maximizing benefits from such a program.