Referral programmes are usually described in percentages and nothing else, which tells you almost nothing about what you will actually be paid. Here is the whole mechanism.
Three levels
Your referral tree is three levels deep. Level one is people who signed up with your link. Level two is people who signed up with theirs. Level three is one step further out.
The tree is built once, at sign-up, from the code the new account used. It does not move afterwards, and nothing you or they do later re-parents it.
Two kinds of commission
There are two separate things you earn a share of, at different rates.
Deposit commission is a percentage of what a referred account deposits: 10% at level one, 5% at level two, 3% at level three. It is booked when a deposit is credited — meaning after the payment has actually confirmed on-chain, not when it is requested.
Trading commission is a percentage of what a referred account earns from a settled trade: 20% at level one, 8% at level two, 3% at level three. It is booked when the trade settles.
These are paid by the platform out of its own revenue. Nothing is deducted from the referred account. Someone who joins through your link earns exactly what they would have earned had they found the site by themselves — this is worth saying to people you invite, because it is the first thing a sensible person wonders about.
The qualification rule
A referral has to be qualified before it pays anything. Qualification means the referred account's email address has been proven — which, since sign-up verifies the address with a code sent to it, happens the moment the account is created.
The rule exists to stop the obvious abuse: a hundred accounts on invented addresses, none of which is a person. It is not a hurdle for genuine referrals, and there is nothing for you or the person you referred to do about it.
When the money arrives
A commission is paid into your funding wallet as soon as it is earned. Not at the end of the month, not on request, and not into a separate balance you then have to move — straight into the wallet, in the same currency as the event that generated it, as an ordinary ledger entry you can see in your transaction history.
Once it is there it is yours on the same terms as everything else in that wallet. It counts towards withdrawals and can be moved into your trading balance and staked.
What it does not pay for
Three deliberate absences, since a programme is defined as much by these:
- Sign-ups do not pay. An account that registers and never deposits or trades generates no commission, because it has generated no revenue. Programmes that pay per sign-up are paying for a number, and the number is always eventually fake.
- Losses do not pay. Trading commission is a share of what a referred account earned. There is no arrangement under which you are better off when someone you referred does badly.
- Withdrawals do not pay. The withdrawal fee is not shared. Nothing about the programme gives anyone an incentive to encourage churn.
The referral screen
Your referral screen shows your code and link, the rate table for both commission types at all three levels, and how many people sit at each level. The commissions list shows every individual commission — type, level, source, amount, and its status — so the total is never a figure you have to take on trust.
How to use it without becoming a nuisance
The programme pays on deposits and on trading, which means it pays on people who actually use the platform. That has a practical consequence: sending your link to two hundred strangers is worth less than sending it to three people who were going to trade anyway.
The most durable thing you can do for your own referral income is help the people you have already referred understand the platform — the session structure, the payout wallet, reading a market before staking on it. An account that trades in three sessions a week for a year is worth many times an account that deposits once and disappears, and the difference is almost entirely whether someone explained the thing to them early.