I. What is the BIT Affiliate Program?
We sincerely invite you to join the BIT Affiliate Program. By using your affiliate referral link to invite friends or others to register as BIT users, you can earn a commission rebate from the trading fees of your referrals.
II. Who can become a BIT Affiliate?
As long as you meet any of the following criteria, you can apply for BIT Affiliate Program to earn commission rebate:
A blockchain and cryptocurrency enthusiast
A Key Opinion Leader (KOL) in the crypto field
An influential content creator
Someone with a broad network of traders
A loyal fan of BIT who are willing to promote BIT
III. How to become a BIT Affiliate?
Visit the BIT Affiliiate page, click the "Apply Now" button, and fill out the required information to submit your application. We will review your application within 24 hours and provide a result within 7 business days. You can log in to the BIT Affiliate page to check the progress of your application.
VI. How to Earn CommissionsThrough the BIT affiliate Program?
Create an Referral Link - After becoming a BIT affiliate, you can log into the affiliate page to create a unique referral link and customize a referral code. You can also allocate commission rates between you and the referrals.
Share the Referral Link - Share the referral link or code with friends, or promote it on social media, communities, websites, and other channels.
User Registration and Trading - New users register a BIT account through the referral link and generate actual trading fees by trading products like Spot, Spot Plus, Perpetual Contracts, and Options on BIT.
Earn Commission - You can earn a commission from the trading fees of your referrals. The commissions are settled in USDT daily at 08:00 (UTC+8).
Note:
Commissions are calculated based on the actual trading fees received by the platform from the referrals. If an invitee's trading fees are zero/ negative due to preferential rates, that transaction will not generate a commission.
Once a referral relationship is established, it is permanently valid. If any behavior is found to be detrimental to the BIT brand or violates policies, BIT will terminate the commission rebate.
Data on deposits, trades, and commissions of referrals will be updated every hour. You can log in to the affiliate page to view detailed data.
V. How do affiliates Allocate Commission Rates with referrals?
Assume that when you become a BIT affiliate, your commission rate is 50%. When creating a unique referral link, you can freely allocate this commission, defining the split between you and the invitee.
For example: affiliate A has a commission rate of 50%. If he allocates a 1:1 ratio with Invitee B, the commission received is as follows:
Commission affiliate A receives: 25% of the invitee's trading fees.
Commission Invitee B receives: 25% of their own trading fees.
VI. How to Increase the affiliate's Commission Cap?
BIT will periodically conduct comprehensive evaluations of affiliates based on their influence, number of referrals, and the trading volume of the referrals. Based on the evaluation results, outstanding affiliates can increase their commission level and rate as a reward.
VII. What is a Sub-affiliate?
The BIT affiliate Program features a unique sub-affiliate reward mechanism, allowing affiliates to appoint their referrals as sub-affiliates.
Sub-affiliates, like affiliates, can invite new customers to register with BIT through a unique link and earn a certain percentage of trading commissions. Simultaneously, the direct customers invited by sub-affiliates will also contribute a certain percentage of trading fee commissions to the main affiliate.
VIII. What are the Commission Distribution Rules Between affiliates and Sub-affiliates? What is the Sub-affiliate's Commission Cap?
The commission distribution between affiliates and sub-affiliates is set by the affiliate when inviting the sub-affiliate.
Sub-affiliate's Commission Cap: The maximum commission that a sub-affiliate can earn from the trading of their referrals is equal to the commission rate set by their superior affiliate.
Example:
Affiliate A has a commission rate of 50%. Affiliate A invites B through a 30%:20% split and appoints them as a sub-affiliate.
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Sub-affiliate B has a commission cap of 20%. Sub-affiliate B invites Direct Customer C through a 10%:10% split.
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Direct Customer C generates actual trading fees eligible for commission, assumed to be 100 USDT.
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Affiliate A earns 30%, which is 30 USDT.
Sub-affiliate B earns 10%, which is 10 USDT.
Direct Customer C earns 10%, which is 10 USDT.