Referral Program Details:
- Effective as of 5/1/19
- Initial commission will be set at 30%. For traders holding more than 1000 BTSM, commission will be increased to 40%.
- The commission chain will be 30% => 15% => 5%.
- For example: Let’s say you refer a friend name Bob. Then you will receive 30% commission (40% commission if you hold more than 1000 BTSM) from Bob’s transaction. Then, let’s say Bob refers Sam. Then you will receive 15% commission from Sam’s transaction. Then, let’s say Sam refers Mary. Then, you will receive 5% commission from Mary’s transaction.
- There's no limit to how many people you can refer, but the commission chain will stop after 3 referrals.
- Commission will be sent to the referrer in the currency the original fee was paid in.
- Bitsmo will continuously check for fraudulent, fake, or duplicate accounts and will terminate suspicious accounts.
- Bitsmo reserves the rights to change the details of the program.