Responsibilities:
Promote and encourage new users to register and engage in trading on BlockFin. Your commission earnings will increase proportionally with the trading volume generated by your invitees.
Objectives:
1. Generate a total trading volume of at least 1,000,000 USDT from your invitees within 3 months.
2. Successfully invite a minimum of 10 active trading users.
BlockFin Affiliate level and commission details
| Level | Commission Ratio | Sub-affiliate commission Ratio | Commission Duration |
Assessment Requirements
(3 months/cycle)
|
|
| Invitees' total trading volume | Number of invited traders | ||||
| Lvl 1 | 40% | 40% | Lifetime | 1,000,000 USDT | 10 |
| Lvl 2 | 45% | 45% | 5,000,000 USDT | 50 | |
| Lvl 3 | 50% | 50% | 10,000,000 USDT | 100 | |
As an affiliate on BlockFin, we support up to 30 tiers in the affiliate program, so you can expand each affiliate chain by up to 29 levels to create an unlimited number of sub-affiliates. As a sub-affiliate, you can work with your affiliates and earn commissions by inviting your friends and followers to sign up and trade on BlockFin.
Affiliate Commission Calculation Method:
Formula:
Lvl 3 (50%): 50% commission of your direct users + 3% commission of user A’s direct users + 3% commission of user B’s direct users + 3% commission of user C’s direct users
A (47%): 47% commission of your direct users + 2% commission of user B’s direct users + 2% commission of user C’s direct users
B (45%): 45% commission of your direct users + 5% commission of user C’s direct users
C (40%): 40% commission of your direct users
Example: If your direct invitees generated 500 USDT in transaction fees, A’s invitees generated 200 USDT, B’s invitees generated 1,000 USDT, and C’s invitees generated 800 USDT, the following details show how much commission you and your sub-affiliates can earn:
You (Lvl 3): 500*50%+200*3%+1,000*3%+800*3% = 250+6+30+24 = 310 USDT
A: 200*47%+1,000*2%+800*2% = 94+20+16 = 130 USDT
B: 1,000*45%+800*5% = 450+40 = 490 USDT
C: 800*40% = 320 USDT
Assessment Details:
1. If the number of invitees and trading volume cannot meet the current commission-level assessment requirements in the three-month cycle, they will be automatically degraded.
2. If the number of invitees and trading volume fails to meet the requirements of the Lvl 1 assessment in the three-month cycle, they will be automatically downgraded to the normal user commission standard (30% commission rebate). New invitees' commission rebate will be calculated at 30% commission.
3. If the number of invitees and trading volume meet the assessment requirements of a higher commission level in the three-month cycle, the Affiliate level will be upgraded to enjoy the corresponding commission rate.
4. The assessment time is: from the date of joining the Affiliate Program, every three months is one assessment cycle.
Commission Time：
1. The commission period of each affiliate is permanent. However, an affiliate must pass the assessment every three months, otherwise, the commission period and commission rate may be adjusted accordingly.
2. Affiliate commissions are settled hourly starting at 00:00:00 UTC, with settlements typically taking around 10 minutes.
3. USDT-Margined futures and spot commission are settled into the funding account in the form of USDT.
Note:
If an invitee’s counterparty has a negative trading fee rate, the final commission will be calculated based on the actual net trading fees incurred. This is because the trading fees generated by users are not entirely earned by the platform. If the trading counterparty has a negative fee rate, the fees will be settled to the counterparty side according to the negative fee rate. This portion will not be included in the platform's revenue. The commission for affiliates is based on the platform's fee revenue and the affiliate commission rate, so it will only be calculated based on the platform's fee revenue.
Example:
The affiliate commission rate is 30%, and the trading fee rate of the affiliate's invitee is 0.0006. When this invitee generates a 10,000 USDT trading fee and the counterparty's fee rate is -0.0001, the net trading fee will be [0.0006 + (-0.0001)] * 10,000 = 5 USDT. Therefore, the commission of this affiliate can get 5 * 30% = 1.5 USDT.