How it works?
Once you sign up to Cryptosouk and you create a normal user account with us, you will be asked to upload and have processed your KYC verification documents (know your customer) before you can use the full suite of tools available on the CrypTosouk.io trading platform and also access the Cryptosouk tiered affiliate program.
All users who do not complete account verification and KYC will not be allowed access to refer new users and gain commissions on their activity on our platform.
When you have completed your account verification you will be provided with an individual user affiliate referral link located within your user account dashboard which you can simply cut and paste at anytime and distribute as you wish in accordance with our Affiliate Program Service Agreement.
This is a great way to receive cryptocurrency rewards for telling everyone you know about CryptoSouk.io.
Recruit Sub Affiliates and Earn Extra Commission
Our Affiliate program is 3 affiliate levels deep so you can make commissions from two other affiliates if they sign up to Cryptosouk.io under your master affiliate link, and then start promoting to their network. Any big traders they bring in you will make a % Commission on their user base.
Below shows you the commission structure.
|R1 - Affiliate||R2 - Affiliate||R3 – Affiliate|
|This is your master affiliate account connected to your personal account and you collect 20% commsions on all the referee trades by users you successfully sign up||This is the 1st sub-affiliate that signed up under your master affiliate account referral link, and you will get a 10% of your R2 Affiliates commission fees for any user trading under their referral code.||This is the 1st sub-affiliate that signed up under your master affiliate account referral link, and you will get 5% of your R2 Affiliates commission fees for any user trading under their referral code.|
Affiliate Commissions are paid on
- Trade Crypto Pairings: Affiliate commissions are paid on trade pairs on the platform in Cryptocurrency for example BTC/ETH, BCH/BTC, and so on. And you will be credited your commissions earned in that Cryptocurrency pair traded.
- Trade Crypto and FIAT Pairings: As you will notice on our platform, we also accommodate FIAT/Crypto and Crypto/FIAT trading as part of our growing suite of services. If a trade occurs under your affiliate account from a user trading in a FIAT pairing you will be credited your % commission in the Cryptocurrency bought or sold in that FIAT currency (GBP, USD, EURO). We do not pay referral commissions to affiliates for FIAT trades in FIAT payouts we only pay affiliate commissions in Cryptocurrency.
- Instatrade: Affiliates are paid commissions on trades done using the Instatrade feature on our platform.
- Sign Ups: We do not pay a % commission for people you sign up, we only pay commissions on people that sign up under your referral link on the trades those referees undertake on the platform.
- Deposits: We do not pay affiliates commission on deposits of Crypto Currency or FIAT currency into the trade platform by your referee.
- Withdrawals: We do not pay affiliates on withdrawals of Crypto Currency or FIAT currency out of the trade platform by your referee.
Affiliate Referral Payout Structure
|R1 Affiliate (You)||R2 Sub-Affiliate||R3 Sub-Affiliate|
20%Of platform trade fees under your account.
10%Of platform trade fees under their account.
5%Of platform trade fees under their account.
- There is no limit to the number of users (referees) a single user account can invite.
- The settlement assets of referral commissions are the same as the commission fee generated by the actual transaction of the invited referee. If the referee trades in cryptocurrency the settlement assets of referral commissions are paid in that token traded.
- Commission fees earnt by affiliates are transferred directly to your account as soon as the referees trade is settled and confirmed on our platform.
- CryptoSouk will track all affiliate commissions earned and may, at its sole discretion, decide not to pay any commission to you should we believe that any referral has been made in violation of our Affiliate Service Agreement, and in any breach of this Services Agreement due to Visitor, user or customer fraud, or due to Visitor, user or customer contract cancellation.
- We do not allow any user to self-invite through multiple accounts. If such manipulation tactics are detected, all referrals will be canceled, and all referral commissions gained for the R1 account holder and its R2 and R3 sub affiliate accounts will be canceled.
- It is always your sole and absolute duty to follow precisely this Affiliate Service Agreement and its guidelines. CryptoSouk is under no obligation whatsoever to pay any Commission to any affiliate who does not strictly follow this Services Agreement and its guidelines.
- We may adjust the proportion of referrals at any point and reserves the right to adjust the rules of the referral program at our discretion.