# Copy of Referral Hub

Coin98 introduces a new **Referral System** - a simple way to **invite friends, grow your network, and earn passive income together!**

<div><figure><img src="/files/8a8Ho0gY20G7fxTCajXy" alt="" width="375"><figcaption></figcaption></figure> <figure><img src="/files/DrmmImyxrCm4kXL0VdNW" alt="" width="375"><figcaption></figcaption></figure></div>

### **1. How It Works**

The referral system connects users through three levels: **Referee**, **Direct Referrer**, and **Indirect Referrer**.&#x20;

When you invite a friend to Coin98, you become their **Direct Referrer** and will earn a **commission** from their trading transactions. Your friend, as the **Referee**, also benefits by receiving **10% cashback** on their futures trading fees.

If your Referee then invites someone else, you will become that person’s Indirect Referrer. When a Referee performs a trading transaction, both the Direct Referrer and Indirect Referrer earn commissions.&#x20;

> The commission distribution is limited to **3 levels only**: Referee → Direct Referrer → Indirect Referrer.

### **2. How To Invite Your Friends**

**Step 1:** Access **Referral Hub** from the Home screen.

**Step 2:** Get your code. You can:

* **Copy** the code to share manually,
* Tap **“Share using OneID”**, or
* Tap **“Share now”** to directly send your invite link to a friend.

<figure><img src="/files/Czu9b9G06VHIXlhHTY1r" alt=""><figcaption></figcaption></figure>

After someone inputs your code, you can view on the **Referral Hub** interface the number of invitees and their total trading volume.&#x20;

### 3. How To Add Code&#x20;

While inviting others, you can also input the code of your friend to enjoy 10% cashback on trading fee. You can click on the link that your friend shares to you, or input their code/OneID manually:

**Step 1:** Access **Referral Hub** from the Home screen.

**Step 2:** Tap Add Code → then enter a **Referral Code** or **OneID** → Click **Apply**

<div><figure><img src="/files/KE5RADoVKvyKmtUyka5M" alt=""><figcaption></figcaption></figure> <figure><img src="/files/pSuxeWVycfaL3VLyqROS" alt=""><figcaption></figcaption></figure> <figure><img src="/files/EnxsshW6jpVC7XiCQGyy" alt=""><figcaption></figcaption></figure> <figure><img src="/files/E7h1cCNZ11HgVbT5BF83" alt=""><figcaption></figcaption></figure></div>

### **4. Referral Tiers**

| Tier         | Criteria                                                                |                                            |
| ------------ | ----------------------------------------------------------------------- | -----------------------------------------: |
| **Bronze**   | <p>Trading volume</p><p>Direct commission</p><p>Indirect commission</p> |            <p><$10M</p><p>30%</p><p>3%</p> |
| **Silver**   | <p>Trading volume</p><p>Direct commission</p><p>Indirect commission</p> |   <p>>$10M - $30M</p><p>35%</p><p>3.5%</p> |
| **Gold**     | <p>Trading volume</p><p>Direct commission</p><p>Indirect commission</p> |    <p>>$30M - $100M</p><p>40%</p><p>4%</p> |
| **Platinum** | <p>Trading volume</p><p>Direct commission</p><p>Indirect commission</p> | <p>>$100M - $300M</p><p>45%</p><p>4.5%</p> |
| **Diamond**  | <p>Trading volume</p><p>Direct commission</p><p>Indirect commission</p> |          <p>>$300M+</p><p>50%</p><p>5%</p> |

#### **Tier Updates**

* The system takes a **daily snapshot** at **00:00 (GMT+7)** and calculate data from the last 30 days to determine each Direct Referrer’s tier. The **trading volume** progress bar is also updated **every 24 hours**.
* Both the **Direct Referrer** and **Indirect Referrer** will receive commission rates according to the Direct Referrer’s current tier.

### **5. Earnings**

As a **Referrer**, you earn commission from your Referees’ trades.

As a **Referee**, you receive **10% cashback** on your trading fees.

Your **total earnings** are displayed on the Referral Hub interface. You can tap to view detailed earnings, or scroll down to check your earning history.&#x20;

> **Note:** The earnings will be redeemed in USDC (Arbitrum). The **Redeem** feature will be available soon.

<div><figure><img src="/files/zVVlGAE4afQEJwafTDVy" alt=""><figcaption></figcaption></figure> <figure><img src="/files/bclOAK5vxBD9ioCnjo79" alt=""><figcaption></figcaption></figure> <figure><img src="/files/IsO3HEZqjoQuRL2eU6NM" alt=""><figcaption></figcaption></figure> <figure><img src="/files/7TtG1uKwBjyc8TqnUkDU" alt=""><figcaption></figcaption></figure></div>


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