Coins.ph Expands Referral Program With Crypto Buy & Sell Rewards

• Coins.ph introduces an enhanced referral program, now including rewards from trades on Coins Convert, the platform’s crypto buy-and-sell feature.
• Referrers earn a 10 basis points commission on their referee’s Convert transactions. 
• To encourage community engagement, Coins.ph provides three referral methods—Invitation Code, Direct Link, or QR Code.

In a press release, locally licensed cryptocurrency exchange and e-wallet Coins.ph announced its expanded referral program, which offers a new way for users to earn rewards through crypto buy and sell.

Referral Program

The expanded Referral Program will now include rewards from trades on Coins Convert, the platform’s cryptocurrency buy-and-sell feature. This enhancement allows users to earn commissions not only from spot trades on Coins Pro, but also from their referees’ transactions on Coins Convert. 

According to the statement, referrers will earn a 10 basis points commission on their referee’s Convert transactions. 

The firm explained that when a user refers a friend and that friend purchases ₱10,000 worth of Bitcoin on Coins Convert, the person who referred them receives a ₱10 reward, in addition to a 20% commission on trading fees from spot trades on Coins Pro.

“As Coins.ph continues to innovate and enhance its user experience, the expanded Referral Program is a testament to the platform’s commitment to rewarding its community,” the firm stated.

In April 2023, Coins.ph launched that 20/20 Referral Rewards Program where both the referrer and referree can earn rewards. The program offers a 20% discount for referees and a 20% commission for referrers. Referees get a recurring discount of up to 20% on their own Coins.ph trades while Referrer’s commissions are calculated daily based on the previous day’s trading.

Read: How to Earn Free Crypto Through Referral Programs in 2023

How to be a Referree?

To encourage community engagement and make digital assets accessible and rewarding for both existing and new users, Coins.ph offers three referral methods—Invitation Code, Direct Link, or QR Code. 

Invitation Code

Step 1: Navigate to the user menu in the upper left corner. Click “Referral Program”.

Step 2: Copy and manually share unique invitation code.

Step 3: Referee needs to paste the code on the referral code field upon signing up on Coins Pro via Web. They must click “I have a referral code” on the sign up page to be able to paste this.

Invitation Link

Step 1: Navigate to the user menu in the upper left corner. Click “Referral Program”.

Step 2: Copy and manually share unique link.

Step 3: Have the referree access the link.

QR invitation

Step 1: Go to the “Referral Program” menu.

Step 2: Click on the invitation QR tab.

Step 3: Have the referree scan the QR Code.

In order to earn revenue and rewards from Coins after the referree signs up, they must first complete two additional criteria: complete ID and Selfie verification, and perform a successful spot trade market order on Coins Pro.

Affiliate Program

In June last year, Coins.ph launched the Crypto-Affiliate Program, inviting businesses and communities to join the cryptocurrency industry.

The program enables participants to offer discounts to their audiences and earn up to 60% commission on each trade. Affiliates can invite an unlimited number of friends and followers, and referees receive a 20% discount on each trade for 90 days. 

Recent News

Recently, Coins.ph’s Australian division has secured registration with AUSTRAC as a Digital Currency Exchange, enabling it to provide cryptocurrency exchange services in Australia. 

Last month, the firm integrated BRC-20 inscription services to broaden user access to digital asset services. 

The company also increased its standard daily cash-in limits. For Level 2 accounts, the new limit is ₱500,000, while Level 3 accounts now have a limit of ₱10 million.

This article is published on BitPinas: Coins.ph Expands Referral Program w/ Crypto Buy & Sell Rewards

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