Prime XBT, a new 4th generation cryptocurrency trading platform, launched earlier this month to bring the most powerful functionality toolset for traders on the market.
In addition to the platform’s impressive feature-suite and profitable trading possibilities, Prime XBT recently announced its unique and lucrative affiliate partner program to earn outside of trading.
By introducing your friends to PrimeXBT, you’ll be rewarded with a referral commission from their trading activity for life. But the rewards go deeper than this, by earning a commission from not just your direct referrals, but 2nd, 3rd, and 4th tier referrals.
The unique 4-level affiliate program also presents the rare opportunity to build a full-scale highly profitable business with no initial investment.
Who is eligible?
Anyone can participate in PrimeXBT’s affiliate program, irrespective of whether they trade crypto personally or not. The potential profits to be made from the referral rewards system are so significant that it could be used as a primary revenue stream, without having to trade a cent.
How does it work?
Prime XBT pays affiliates partners a percentage of their referral’s trading commissions, with respect to the referral’s level.
4 Levels of Rewards:
Level 1 – Direct Referrals: Net 20% of all commission fees.
Level 2 – Referred by Level 1: Net 15% of all commission fees.
Level 3 – Referred by Level 2: Net 10% of all commission fees.
Level 4 – Referred by Level 3: Net 5% of all commission fees.
What’s important to note is that Prime XBT’s commission fees are the lowest among competitor crypto trading platforms (at only 0.05%), yet it still pays its affiliates 10x greater rewards for the exact same amount of trading volume.
How can the lowest commission fees generate 10x greater referral profits?
Let’s say a trader deposits $1,000 to trade on a standard crypto exchange, which takes a commission of 0.25%, equalling a total commission of $2.50. In the best case scenario, an affiliate partner can earn up to 40% of this commission, to net a $1 profit.
Comparatively, if the same $1,000 to trade is made with 100x leverage on PrimeXBT: the position becomes worth $100,000, thus the commission of just 0.05% to execute the $100,000 trade becomes $50. And seeing as a first level referral will yield 20% of this commission, the affiliate partner will net $10 profit (10x more).
What’s more, this isn’t even taking into account the 4-levels of referrals, which then expands the opportunity to profit by the 2nd, 3rd, and 4th tier referrals with 15%, 10%, and 5% commissions respectively.
Obviously the more direct referrals within a network, the faster it will grow and the larger the total profits will be.
How much can you earn?
The amount of profit you can potentially earn from the Prime XBT affiliate program is only limited to your network and their trading activity. However, with 100x leverage taken into account, it doesn’t take as much trading volume to see significant profits as it would with other competitor referral programs.
Here is a payout calculation example for the following scenario:
Suppose you recommended PrimeXBT to 5 people, and each of them did the same (refers 5 more people), and so on to the 4th level. If each referred user deposited a low-key amount of $1,000 to their trading account with 100x leverage you would earn $2,425. You can see the detailed breakdown of this calculation in the table below.
And then you should consider, that if you can make $2,425 from referring only 5 people, imagine how much you could make by referring an unlimited amount more who may potentially trade with a higher volume.
With Prime XBT already warranting much-founded hype, it shouldn’t be a difficult task to gain the interest of savvy crypto traders in order to grow your referral business.
Plus the platform is only new-sprung, which means there is a golden opportunity to be the one of the first that invites the masses to join and profit from their trading activity for life as the platform scales.
How can you grow your referral business network?
- Share your referral link via social media, relevant community forums, and networks, like Facebook, Twitter, Instagram, Bitcointalk, Reddit, Telegram, etc.
- Create an article or blog post about PrimeXBT, its benefits, and features – sharing your referral link.
- Create a YouTube or Vimeo video reviewing the platform – sharing your referral link.
- Get creative and think outside the box – you’re only limited by your imagination!
How to get started?
It’s easy and it’s free. Simply sign up to get your unique referral code and get networking – spread the word and inspire market participants to join.
Why refer PrimeXBT?
The advanced feature-suite and profitable trading possibilities offered by Prime XBT are second-to-none, as the only crypto trading terminal to offer as much as 100x leverage and the ability to trade both long and short on all top 6 crypto-assets: BTC, ETH, XRP, EOS, LTC, and BCH.
The platform boasts a simplistic, sophisticated and highly-customizable UI with optional multi-monitor support, instant order execution at the best possible market price by aggregating liquidity from 12 different leading providers. With all of this and much more, PrimeXBT is ideally positioned to become the preferred high-leverage crypto trading platform in 2019.
. . .
To start your affiliate business and take advantage of PrimeXBT’s valuable product and success as it scales, head to https://PrimeXBT.com/referral/.
This author could be anybody, but he/she is not a member of staff coingape.com and opinions in the article are solely of the guest writer and do not reflect Coingape’s view.