generate passive income through sponsorship

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Generating a passive income stream that you can more or less forget about while spinning is pretty much everyone’s dream, not just in the crypto area. But for traders who use the PrimeXBT trading platform for their needs, it can become a reality through a referral program. Not only can you make money without doing much other than refer friends to the platform, but you can also get additional benefits such as discounts and bonuses. Read on to find out how you can do it.

How does the referral program work?

First of all, to participate in the referral program, you must register with PrimeXBT if you have not already done so. This process only takes a few minutes and you only need to provide a minimum of personal information; For those who value their privacy above all else, PrimeXBT is truly a great solution that offers everything you could need without compromising on your values. Once you have verified your email address and sent money to your account, you are ready to act.

When you log in, you can find the referral program on the left side of the screen. This is a unique link that you can send to your friends and / or followers so that they too can register on the platform. There is a four-step payment system, which means you will also be paid for referrals made by your referrals. For your direct referrals, you will receive 20% of their transaction fees paid into your account. Each level decreases by five, which means that for the lowest referral level you will receive 5% of their fees. But if the people who join the platform thanks to you manage to attract enough people on their own, that amount counts up.

The referral page also gives you an overview of how much you have already owned, what referral level it is from, and how much is still waiting. You do not have to do anything about the pending amount if you notice this part; all members receive their payment every day between 12:00 and 14:00 UTC, while pending payments are updated daily at 00:01 GMT.

Become a fire ambassador

Of course, anyone can participate in programs like this, but it is only natural that people with more followers have a greater advantage. If you have an active community, if you are an influencer with some reachor if you work in a training center, you can also go directly to the platform and get a specialized offer tailored to your needs and abilities.

To become a PrimeXBT Ambassador, contact the platform and provide some information about yourself and what you offer of followers, reach, etc. This way, the team working on Ambassador programs can work out your plan specifically for you. That way, the team working on ambassador programs can come up with a plan just for you. For example, your subscribers can get free accounts, commission discounts and welcome bonuses associated with your campaign; plus, you get paid for each lead twice a month and you share up to 50% of the profits from your customers’ commissions.

Which of these options is best for me?

Of course, the choice between these options is a very personal matter; perhaps you prefer your friends and family to join you without having to create social media posts or specialized campaigns for others. But maybe your online trading community is your main source of information and you will get some interesting leads through it. It all depends on your situation. If you think you can offer (and in return earn) more than just the basic referral program, contact PrimeXBT and see what they have in store for you!

Do not forget to participate The PrimeXBT / Covesting community on Telegram to find more information about the trading terminal, the copy trading module and how to save up to 25% of your commission with the COV token and other token tools!

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