While Friends with Benefits is the new trend, who knew there could be benefits of having friends as well! No matter if you are a Bitcoiner, Altcoiner or Nocoiners, if you want your friends to reap the benefits out of this fast paced crypto world, you can literally get paid for it!
How?
With Pi42.com’s one of its kind Referral program! You make money, perpetually, and unlimitedly.
What is Refer and Earn?
Refer and earn essentially means that, after signing up on Pi42, you refer it to your friends and family. You give them your referral code and they sign-up using that. Now, once they start trading, you start getting 20% of their transaction fees, and this is not one time, this is for every trade they’ll ever do. In return for using your referral code, your referee will get a 10% discount on trading fees each time.
And, you can have as many people as you want sign-up with your referral code! So, unlimited earnings FOREVER!
How do I calculate my rewards in monetary form?
So suppose you referred Pi42 to 5 of his friends of yours whose average trading volume per week is around 1 Lakh Rupees. Your commission calculation goes like this:-
Given:-
- Monthly Trading Volume per Trader: ₹4,00,000
- Assumed Leverage: 10x
- Adjusted Volume per Trader: ₹4,00,000 * 10 = ₹40,00,000
- Number of Referred Traders by you: 5
- Total Adjusted Volume for All Traders: ₹40,00,000 * 5 = ₹2,00,00,000 (2 Crores)
- Commission Percentage Share: 20%
- Taker Fees: 0.10%
- You Share of Trading Fees: 0.02% of ₹2,00,00,000
Now, let’s calculate your monthly earnings:
Your Earnings = You Share of Trading Fees x Total Adjusted Volume
=0.02%×₹2,00,00,000
Your Earnings = ₹4000
In this example, you referred us to 5 people, but in reality, you can add as many to this number as you like. And, imagine, if you keep referring 10 people each month for let’s say just 6 months, your earnings can explode to 1,60,000 and beyond!
How to use Pi42’s Referral code:-
- Open the Pi42 app or log in on our website.
2 Navigate to the bottom right corner, where you see the my profile icon.
3. Locate the Refer and Earn option from the drop down menu.
4. Now, you can see your referral link as well as your code.
5. Share the code with your family and friends.
6. While signing up for the new user, a check box will appear asking “Have a referral code?”.
7. Once clicked on it, a drop down section to enter the referral code will appear.Enter the code, sign up using the required details, and voila! You’re all set.
Now, as soon as your referee completes his/her first trade, you get your first commission!
So, what are you waiting for? Start referring now!!