Altcoins Talks - Cryptocurrency Forum
Further Discussions => Entrepreneurship , Business & Online Work Forum => Topic started by: cheekwit on April 18, 2019, 01:19:53 PM
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I've recently started trading with Prime XBT, a new margin trading platform that offers up to 100x leverage and found they have a very impressive and rewarding affiliate partner program.
For the same amount of revenue generated by referred customers, Prime XBT pays its affiliates up to 10x more than a standard exchange like Binance, for example. That's not a criticism of Binance's referral program, because it's one of the best...BUT the 100x leverage offered by Prime XBT significantly increases the size traders' positions which the commission fee is applicable to. Yet, their commission fees are some of the lowest among all other crypto trading platforms (at only 0.05% on all trades).
The reward model gets better yet, by paying affiliates not just from their direct referrals, but from their 2nd, 3rd, and 4th-tier referrals also. It works like this:
4-Levels of Affiliate Reward Payouts
Level 1: Direct Referrals, pays 20% of all commission fees.
Level 2 : Referred by Level 1, pays 15% of all commission fees.
Level 3: Referred by Level 2, pays 10% of all commission fees.
Level 4: Referred by Level 3, pays 5% of all commission fees.
Affiliates are paid weekly in BTC and for life (as long as their referrals continue trading on the platform).
Despite its youth, Prime XBT is already averaging well over $100 million in 24-hour trading volume and predicted to reach $250 billion within the next 6 months, which as an affiliate partner is a golden opportunity to capitalize on the platform’s expansion.
For more info: https://primexbt.com/partners
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Sounds to good to be true, but let's not judge really before we start to see some results on that. Can you be really sure it will work out with you ? Are any people feedback out there, simply tier reward system sounds fishy and with weekly BTC payments as well.