Bitpapa is a cryptocurrency exchange that entered the international market in 2018. Since then, the company has shown significant growth. One of Bitpapa’s main advantages is its automated escrow account system. This means that the platform acts as a third party, automatically locking the cryptocurrency until confirmation of the fiat transfer by the counterparty. In early 2020, the platform launched its own Telegram bot, BitpapaExpress, for even more convenient access to trading operations. In addition to quality service, Bitpapa also offers its clients a range of bonus options and loyalty programs.
Referral Program
One of Bitpapa’s key bonus options is the referral program for those wishing to earn additional income. Traders can attract new project participants using a referral link. Once the referral completes a transaction, the partner receives a percentage of the commission amount. The referral program has 3 levels:
- For a 1st level referral – 50% of the commission amount.
- For a 2nd level referral – 10% of the commission amount.
- For a 3rd level referral – 5% of the commission amount.
A partner can generate up to 10 different links with their unique ID. Each link can have a personal tag for tracking the effectiveness of different acquisition channels. Referral payments are distributed as follows:
- If the referral is not the order owner, the referrer receives 30% of the commission.
- If the referral is the order owner, 20% of the commission is credited.
- If both sides of the transaction are referrals, the payments are summed.
Periodic Promotions
Also, from time to time, information about various promotions and bonus offers for platform users appears on the bitpapa.com website.
Conclusion
Bitpapa’s referral program is the main bonus option, allowing traders to earn passive income by attracting new clients to the platform. The multi-level system ensures partners receive a percentage not only from the transactions of their direct referrals but also from users they have attracted.
Such loyalty bonus programs motivate users to actively use the platform’s services and recommend it to their acquaintances. And periodic promotional offers maintain interest in the exchange from its existing clients.