By One of the most popular Cryptocurrency exchanges Bitfinex has just launched a new loyalty program that claims to offer its users an opportunity to earn “unlimited” commissions.
Yes, you heard that right!
The program is called “Bitfinex Affiliate Program,” and it is a tiered commission structure, which allows participants to refer their social network and earn a commission up to 3 degrees of connection, according to a press release shared with The Block on.
Bitfinex said:
“When affiliates and their referrals meet certain requirements, such as verifying an account and/or accumulating holdings of at least 500 Tethers (USDt) worth of UNUS SED LEO tokens, affiliates will also be entitled to multipliers of up to 2.16x on their commission.”
The exchange further explained that clients who sign up for the program can also earn fees of over 38% from a commission structure, and those that sign up via a referral code will get a rebate fee of 6%.
Bitfinex CTO Paolo Ardoino, commented:
“We strive to provide our clients with the most engaging and social trading experience.”
He further added that the program will help grow the cryptocurrency community even further by reaching out to a wide range of users due to the social referrals.
Last month Bitfinex won a ‘stay’ in the New York Supreme Court. This basically means that Bitfinex may not now, or ever be asked to furnish documents that give an account of what they did with $900 million of Tether (USDT).
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