AscendEX Futures has two Referral Programs – the first is accessible to all platform users’ and the second is a VIP program for AscendEX Ambassadors.
AscendEX Futures employs a Referral Programs to incentivize users to refer others from their network. Existing users that refer others are “AscendEX Affiliates.” AscendEX Affiliates receive a up to 40% of total trading fees ("Affiliate Commissions") paid by the users they have referred (each a "Referred User"), in USDT. USDT payouts for Affiliate Commissions are made directly into the Affiliate’s AscendEX wallet. New users that sign-up using an AscendEX Affiliate’s unique referral code will be flagged as a Referred User for the respective AscendEX Affiliate. Referred Users receive a 10% fee discount for 1 year after sign-up.
Each Referred User generates Affiliate Commissions for the first ONE year after onboarding. The percentage of total trading fees paid by Referred Users to be paid to the AscendEX Affiliate as Affiliate Commissions depends on the aggregate gross trading volume of all the AscendEX Affiliate's referrals. See the below table for details:
Note: VIP 5 & BLP accounts are not eligible Referred Users for Affiliate Commission payouts; however, their trade activity will count towards Aggregate Trade Volume for the AscendEX Affiliate that has referred them.
Additionally, an AscendEX Affiliate can redistribute a % of their Affiliate Commissions to their network of Referred Users.
Overview of AscendEX Future’s Referral Program
Note: VIP 5 & BLP accounts are not eligible for Affiliate Commission payouts; however, their trade activity will count towards the Aggregate Trade Volume of the AscendEX Affiliate that has referred them.
How to Refer Friends?
Step 1: Log in to your AscendEX account, click on [Referral] and go to the Referral page.
Step 2: Copy “My Invitation Code” or “Personal Referral Link” on the Referral page and send it to your friends. You can check referral status after they sign up successfully through the referral code or link.
Step 3: Click on the “Modify” button, update the Rebate Factor and then you can share a proportion of referral rewards with your friends.
For example, if your Referral Ratio is 25% and choose to update the Rebate Factor to 20% (as shown below), then your friends will get 5% (25%*20%) of referral reward as rebate. In this case, your will receive 20% (25%-5%) referral reward.