Referral Bonus Q&A

Referral Bonus program is aimed at BitoPro’s old users to invite more new users. Once you complete BitoPro’s Level 2 verification, you will get your own Referral Link, and become a referrer. Invite your friend, bind him/her with your own Referral Link before Oct.31, 2019 and help them complete Level 2 verification. You will start earning their 30% Referral Bonus before you know it. 

* Referrer's registration time must be earlier than the Referee.

Q1: How to become a referrer?

A: Once you complete Level 2 verification, you will get your own Referral Link. By sharing your Referral ID with your friends and binding at least one of them, you will become his/her referrer.

Q2: How does the referee bind your referrer’s ID?

A: Fill in your Referral ID while the referee signs up.

Or he/she can fill in your Referral ID in the column after he/she logs in.

Q3: How to share your Referral Link?

A: There are two ways to share your Referral Link

After you log in, navigate to the landing page 

1. Click on one of the icons below to share your Referral Link.
2. Click the “Copy” button next to the Referral ID directly, and send it out to your friends.

Q4: How do you receive Referral Bonus?

A:

Step 1: Make sure your referee is successfully bound (Please see Q2)

Step 2: Both the referrer and the referee has to complete Level 2 verification. 

Step 3: You will get 30% Referral Bonus for each successfully completed trade by the referee.

Quick reminder, you have to complete the three steps above before Oct.31, 2019 to be eligible to receive Referral Bonus. 

Q5: How do you calculate Referral Bonus?

A: Every time the referee completes a transaction, we will take 30% of the transaction fee as your Referral Bonus. The Referral Bonus will be paid in the same token which the transaction was executed. The daily settlement time is 23:59:59, the reward will be credited to your trading account the next day before 12 PM.

Quick reminder! Bonuses will be credited only for completed orders, partially filled/pending orders will not be taken into account.

Example ( A is the referrer, B is the referee, please see the relationship diagram above ) 

Scenario 1

“B” buys one BTC and does not enable BITO to pay for transaction fees, the fee will be 0.001 BTC. “A” will receive 0.001 * 30% = 0.0003 BTC of Referral Bonus. 

Scenario 2

“B” buys one BTC, and enables BITO to pay for transaction fees. Let’s say the transaction fee adds up to a equivalent of 100 BITO, then minus the 50% discount by using BITO to pay for transaction fees, “A” will receive 100 * 50% * 30% = 15 BITO of Referral Bonus. 

Scenario 3

“B” sells one BTC to TWD and does not enable BITO to pay for transaction fees, “ B” will be charged 300,000 * 0.001 = 300 TWD in transaction fees. In this scenario,  “A” will not receive any Referral Bonus.

Scenario 4

“B” sells one BTC to TWD and enables BITO to pay for transaction fees. Let’s say the transaction fee adds up to an equivalent of 100 BITO, then minus the 50% discount by using BITO to pay for transaction fees, “A” will receive 100 * 50% * 30% = 15 BITO of Referral Bonus.

Q6: When does the bonus period start and end?

A: If the referee has been bound successfully and completed Level 2 verification before Oct.31, 2019, The referrer’s Referral Bonus will begin it’s 90 day bonus period from the same day it completes Level 2 verification. The referrer will receive 30% of the referee’s each completed transaction fee for a total of 90 days. Completed trades will be taken into account starting from Oct.1, 2019.               

Example (“A” is the referrer, “B” is the referee, please see the relationship diagram above ) 

Scenario 1

If ”B” was successfully bound on Sep.29, 2019, his/her transaction fees will not be taken into account until Oct.1, 2019. His bonus period starts from Oct.1, 2019 till Dec.29, 2019.

Scenario 2

If “B” completes his/her Level 2 verification on Oct.3, 2019, then his/her bonus period will start from Oct.3, 2019 until Dec.31, 2019. 

Scenario 3

If “B” completes his/her Level 2 verification on Nov.5, 2019, then he/she did not successfully bind the referrer’s ID before Oct.31, 2019, therefore he/she cannot participate in the Referral Bonus program.

Q7: How to check my distributed bonuses?

A: Log in to check your distributed bonuses, under the “Bonus Earned” title on the landing page ,

Or check it through your personal account by clicking  "Asset" =》"History" =》"Deposit / Withdrawal".