Cryptocurrency derivatives are excellent financial instruments to invest in for a variety of reasons, whether the underlying cryptocurrency is bullish or bearish. Crypto options, in particular, serve as an excellent hedge, balancing the volatile nature of cryptocurrencies while also providing opportunities for those looking to profit from the volatility.
The growing demand for crypto derivatives has allowed the leading cryptocurrency exchanges to constantly innovate to provide traders with cutting-edge solutions. Delta Exchange has been constantly making headlines in this space.
Having debuted in 2018, it is a cryptocurrency derivatives exchange that allows traders to trade cryptocurrencies with up to 100x leverage. Delta aims to be a #TradersFirst platform and has been a market leader in options trading for years.
To treat its users Delta team has come up with a massive crypto referral program for both new and existing traders on the platform in order to invite even more traders for trading options. This referral program will also make the platform more lucrative and rewarding for its users.
The Refer-A-Friend Rewards Program on Delta Exchange will allow existing traders to earn up to $50,000 in Delta cash rewards by referring Delta Exchange to new traders and encouraging them to trade options as well as participate in the options trading movement. Let’s find out more about the program.
How to participate in the refer-a-friend program on Delta Exchange?
Under the Refer-A-Friend program, any trader, current or new, can refer friends or new traders to do options trading on the platform and receive a referral bonus. New traders can further refer the program to others and claim the reward. The program can be referred to new traders by any trader, whether they are futures, options, or spot traders.
- Go to the referral dashboard
- Copy the referral link
- Share it with your friends or new traders
- Get rewards when your friends join Delta Exchange with the referral link shared by you
What are the rewards?
A trader can earn up to $175 in Delta cash for each referral they make. The reward depends on the amount of options volume the referred trader transacts on the exchange. This means that the rewards per referral will increase with increasing option volume until March 31st, 2022.
For example, if your friend trades option volume worth upto $500K, you will be eligible to win rewards on the total options volume they trade until March 31, 2022. If your friend trades a total of $500k, $100k, and $1000k in options till 31st March, then you will get ($15 + $15 + $50) = $80 in Delta cash as rewards under the refer a friend program. According to the table above, rewards will be added for crossing each successive limit. The maximum reward for a single referral is $175 Delta cash, which can be used to pay trading fees on Delta Exchange. The maximum earnings per user in a lifetime are capped at $50,000.
- Only new users who registered after the offer’s launch date will be considered valid referrals
- Effective Option Volume traded by the referred customer = Notional Volume X option Delta
- On the affiliate dashboard, you can track your Delta Cash earnings as well as your friends’ Net Effective Volume
About Delta Exchange
Delta Exchange is a crypto derivatives exchange that promotes the motion #TradersFirst. Pankaj Balani, Jitendra Tokas, and Saurabh Goyal co-founded Delta Exchange. They bring experience from both the fintech and technology sectors. Delta Exchange has always been far ahead of the competition, offering innovative options trading products with up to 100x leverage in over 60 cryptocurrencies such as BTC, BNB, ETH, BCH, LTC, and others. The exchange has become the go-to exchange for traders interested in derivatives trading, with $20 billion in monthly trading volumes.
If you are already a Delta Exchange derivatives trader, take advantage of this fantastic opportunity to participate in one of the largest referral reward programs. If not, join Delta Exchange and trade options using Delta Exchange’s highly intuitive and user-friendly interface.
Source: https://coinpedia.org/news/refer-a-friend-reward-program-by-delta-exchange/