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Invite Friends Rules and FAQ
Updated over a week ago

Invite your friends to join BIT, you can get rebates through the transactions corresponding to your recommended friends, and easily get rebate income!

How to invite friends?

1. Share referral poster

Click [Invite Friends], and the system will automatically generate your exclusive QR code invitation poster, and you can share the poster to social platforms (please confirm that such sharing complies with relevant laws and regulations as well as the relevant systems and regulations of social platforms before sharing). If the user enters BIT to register and trade through the QR code of the poster you shared, you can get a rebate.

2. Share referral link

Click [Invite Friends], and the system will automatically generate a referral link exclusive to you, and you can copy the link and send it to your friends. If your friends sign up and trade with BIT through the link you shared with your exclusive referral code, you can get a corresponding commission.

3. Share referral code

Share your referral code with your friends. When your friends sign up for a BIT account, fill in your referral code, complete the registration and transaction, and you will get a corresponding commission.

Invite friends Rules

Friends use your referral link or referral code to complete the sign-up, and you can earn rebates from each spot, future, and option transaction fee within 180 days from the registration of the invited user. At the same time, you can also set different rebate ratios, and the invited friends can also get different percentages of transaction fee discounts according to the rebate ratios you set.

Example:

User A invites user B through his own poster or referral link. As long as user B conducts transactions on BIT, user A will get rebates from user B's transaction fees.

Rebate and transaction discount ratio settings:


Inviter's base referral rate

Rate Received by the Inviter

Rate Received by the Invitee

20%

20%

0%

15%

5%

0%

10%

10%

0%

5%

15%

0%

0%

20%

0%

NB:

  1. You understand that the users invited by you should complete KYC in accordance with the regulations of BIT before participating in the transaction. BIT has the right to refuse any user to participate in transactions in accordance with applicable laws and regulations and internal anti-money laundering policies.

  2. If the user you invite does not fill in your referral code, you will not be able to receive rebates from the transaction fees of the invitee’s account.

  3. You can get rebates from the invitee's spot, contract, and option transaction fees.

  4. BIT strictly prohibits users from deleting accounts and creating new accounts to obtain commissions (and other fraudulent behaviors to obtain commissions). Once verified, BIT will reserve the right to cancel the account to obtain commissions.

  5. BIT reserves the right to decide to cancel or modify the referral commission and rules.

  6. BIT reserves the right to disqualify and revoke all commissions for participants who engage in false or illegal activities during the period, including bulk account registration for additional bonuses, usage of "phishing” websites containing referral links, posting referral links as advertisements on search engines, and any other activity in connection with illegal, fraudulent or harmful purposes.

  7. All users must strictly abide by the TERM OF SERVICES of BIT. For any violation of BIT's terms of use, BIT will reserve the right to disqualify and revoke all commissions. If you have any questions, please contact customer service.

  8. The right to interpret the above activities belongs to BIT.

Referral FAQ

1. Can invitees use my referral code after BIT creates an account?

The invitation code can only be used when signing up for a BIT account. Your invitee must enter the correct referral code. If your invitee forgets to use or enters the wrong invitation code when registering, neither you nor the invitee will be able to get the rebate.

2. How to check the rebate history?

You can click [My Rebate] to view the rebate record. The time interval for the rebate to arrive is 1 day.

3. Why did I not receive rebates from the invitee’s transactions?

The rebate will be calculated in real-time and transferred to your account every 1 day. Only after the invitee completes the transaction, you can get the rebate.

4. Why the referee has already participated in the transaction, but the rebate I received shows 0.00?

There are two possibilities for this situation: i. The rebate amount is small, such as 0.0041, which will be displayed as 0.00 in a single record, but it will still be added to the summary; ii. The invitee used deductions when trading, etc. Circumstances, resulting in transaction fee <= 0

5. Can I change my referrer from user A to user B?

No. Once a referral relationship is established, it cannot be changed.

6. Which tokens will I receive the rebates?

The rebate will be settled in the tokens of the invitee's transaction.

7. When will the transaction rebate data for invitees be updated?

The invitees’ trading rebate data is updated before UTC 06:00 every day.

8. When will the number of invitees be updated?

The number is updated every half hour.

Declaration

  1. The information released by BIT on the above activities (including but not limited to this webpage, rebate system, and other platform pages) does not constitute an offer to sell or an invitation to purchase an offer to the following residents: the United States, Hong Kong Special Administrative Region, Singapore or where laws prohibit Residents of other countries or territories offered or solicited.

  2. Digital asset transactions are extremely risky. When providing you with the introduction of this rebate activity, BIT assumes that you and your invited friends have sufficient digital asset knowledge, investment knowledge, financial expertise, and experience, and are capable of bearing the increased risks due to digital asset transactions. If you and the friends you intend to invite do not have the above knowledge and risk tolerance, please do not participate in this activity or introduce others to participate in digital asset transactions.

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