Participating in an exchange's node program can be a rewarding way to engage with the platform and its community. Nodes, along with their helpers and invited users, can earn commissions by promoting the exchange and bringing in new users. This article explains how the program works, how to join, and how to maximize your benefits.
Understanding the Node Program Structure
The node program is designed to incentivize users to promote the exchange. There are three main roles within this system: the node, the helpers, and the invited users. Each plays a part in the referral process and can earn a share of the commission fees.
Role of a Node
A node is a user who has successfully invited a certain number of new users to the platform. Nodes receive a default commission rate on the trading fees generated by their invited users. They have the flexibility to distribute this commission among their helpers and the invited users themselves.
Role of a Helper
Helpers assist nodes in promoting their referral links. They are bound to a node by providing their registered email or phone number. Helpers receive a portion of the commission based on the node's allocation but cannot become nodes themselves.
Benefits for Invited Users
Invited users, whether new or reactivated old users, can also receive a part of the commission from the node. They gain access to the platform's services and can eventually apply to become nodes themselves.
How to Become a Node
To become a node, you need to invite five effective new users. An effective new user is defined as someone who meets either of the following criteria:
- Successfully claims a fiat deposit or top-up reward.
- Accumulates a total valid trading volume of 5,000 USDT (excluding trades with zero fee tokens).
Once you meet these requirements, you can upgrade to a node and start earning commissions from all your invited users.
How to Become a Helper
Becoming a helper requires you to have a registered account on the platform. You need to provide your mobile number or email to a node for binding. Note that UID cannot be used for this purpose. Once successfully set as a helper, you will receive notifications via email and in-app messages.
Helpers promote the node's referral links and receive a share of the commission from the trading fees of the users they help bring in. A helper can assist multiple nodes but cannot upgrade to a node role.
Commission Distribution Details
The node receives a 30% commission on the trading fees of invited users. This commission can be freely distributed between helpers and the invited users.
- The node can adjust the commission for invited users from 0% to 20%.
- There is no upper limit on the commission that can be allocated to helpers.
This flexibility allows nodes to incentivize their helpers and users effectively.
Key Rules and Considerations
For Helpers
- Helper accounts cannot be nodes and cannot upgrade to become one.
- A helper can assist multiple nodes.
- Only the node can set and modify the commission rate for the helper’s referral link.
- Helpers can view their promotion data on the node program page.
For Invited Users
- Invited users include both new users and reactivated old users (those with no deposit, trade, or login activity for 180 days).
- New users register via the referral link; reactivated users resume activity through the link.
- Invited users can apply to become nodes after going through the required process.
For Nodes
- Nodes earn a 30% commission on the trading fees of invited users, with separate configurations for spot and derivatives trading.
- Nodes cannot act as helpers.
- Each node can create up to 200 links, meaning they can have up to 200 helpers.
- Node status is not permanent. After a 90-day protection period, nodes must maintain a total trading volume of 10,000 USDT from all invited users over a rolling 90-day period to retain their status. If they fail, they are downgraded and must invite five new effective users again to regain node status.
Frequently Asked Questions
What is an effective new user?
An effective new user is someone who either claims a fiat deposit reward or accumulates a trading volume of 5,000 USDT (excluding zero-fee trades).
Can a helper become a node?
No, helpers cannot upgrade to become nodes. They can only assist nodes in promotion.
How many helpers can a node have?
A node can have up to 200 helpers, each with a unique referral link.
What happens if a node is downgraded?
If a node fails to maintain the required trading volume after the 90-day protection period, they lose their node status. To regain it, they must invite five new effective users again.
Can invited users earn commissions?
Yes, nodes can allocate a portion of their commission to invited users, up to 20% of the trading fees.
Is node status permanent?
No, node status requires maintaining a certain level of activity from invited users. After the initial 90 days, nodes must consistently meet the trading volume requirement.
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Conclusion
The node program offers a structured way for users to earn commissions by promoting the exchange. By understanding the roles of nodes, helpers, and invited users, you can effectively participate and benefit. Whether you are looking to become a node or assist as a helper, the program provides opportunities for reward based on your level of involvement and promotion efforts. Always ensure you meet the requirements and stay active to maintain your status and earnings.