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Double Crypto Rewards with Bitget’s Premier Inviter Program

Double Crypto Rewards with Bitget’s Premier Inviter Program

Beginner
2024-08-21 | 10m

Bitget, a leading cryptocurrency exchange, has launched an exciting new initiative called the Premier Inviter Program. This program is designed to reward users who bring new traders to the platform by offering generous commissions and other benefits. In this article, we will explore the details of the Premier Inviter Program, compare it to similar programs offered by other exchanges, and explain why this program is a great opportunity for anyone involved in the crypto space.

What is Bitget's Premier Inviter Program?

The Premier Inviter Program is a new referral initiative launched by Bitget on August 25th. The program is aimed at rewarding users who successfully invite others to join the platform and trade cryptocurrencies. The key feature of this program is the opportunity for inviters to earn a 25% commission on the transaction fees generated by their invitees for up to 365 days from the date of the invitee's registration. This means that the more people you invite who actively trade, the more you will earn.

Eligibility Criteria for Premier Inviters

To qualify as a Premier Inviter and activate the associated perks, users need to meet specific criteria. There are two main ways to become eligible:

Invite Active Traders: You need to invite at least one friend who, within 7 days of registering on Bitget, logs into the app, trades 100 USDT, and has net deposits exceeding 100 USDT for three consecutive days.

Achieve a High Trading Volume: You can also qualify by reaching a total trading volume of 5000 USDT with all your invitees in the past 30 days.

Once you meet either of these criteria, you can activate your Premier Inviter status on Bitget. The status is initially valid for 30 days, but it can be automatically extended if your referral performance continues to meet the eligibility requirements. This means that as long as you keep inviting active traders, or you and your invitees maintain a certain trading volume, you can continue to enjoy the benefits of the Premier Inviter Program.

Why Bitget's Premier Inviter Program Stands Out

Higher Commission Rates Compared to Other Exchanges

One of the key reasons why Bitget's Premier Inviter Program is so attractive is its competitive commission rate. Bitget offers a whopping 25% commission on the transaction fees of your invitees, which is higher than what many other leading exchanges offer. For example:

Bybit: Bybit offers a 20% commission rate for inviters with fewer than five qualified referees and a 25% rate for those with five or more. However, to reach a 30% commission, inviters must have 100 qualified referees or a quarterly trading volume of $15 million from all referees.

Binance: Binance’s referral program offers a 20% commission rate unless the inviter holds more than 500 BNB (approximately 300,000 USDT), in which case the rate increases to 40%.

In comparison, Bitget’s 25% commission rate is accessible with just one eligible invitee, making it easier for more users to benefit. This makes Bitget’s program particularly appealing and achievable for those who may not have the resources or connections to meet the higher thresholds set by other exchanges.

Low Barriers to Entry

In addition to offering a high commission rate, Bitget’s Premier Inviter Program has relatively low barriers to entry. To qualify, you only need to invite one active trader or achieve a 5000 USDT trading volume with your invitees within the past 30 days. This is a much more attainable goal than the requirements set by some other exchanges, and it makes the Premier Inviter Program more accessible to a wider range of users.

Stackable Rewards - Double the Earnings

Another significant advantage of Bitget’s Premier Inviter Program is that it can be stacked with other referral activities and rewards. For instance, if you are participating in another Bitget referral activity, such as invitation task cards or Candybomb, the data from these activities will also be included in the Premier Inviter Program’s calculations. This means that you can earn rewards from both the Premier Inviter Program and other referral activities simultaneously.

This stacking feature allows users to maximize their earnings by participating in multiple promotional activities at once. For example, if you complete an invitation task and qualify as a Premier Inviter, you can earn both the one-time reward from the task and the ongoing commissions from the Premier Inviter Program. This potential for double rewards makes Bitget’s program particularly lucrative for active users.

Long-Term Earnings Potential

The Premier Inviter Program is designed to offer long-term benefits to users. Once you qualify and activate your Premier Inviter status, you can earn commissions for up to 365 days from the date your invitees register on the platform. This means that as long as your invitees continue to trade on Bitget, you will continue to earn commissions.

Moreover, the program includes an automatic renewal feature. If your referral performance meets the eligibility criteria at the end of the 30-day period, your Premier Inviter status will be extended for another 30 days. This allows active users to maintain their Premier Inviter status and continue earning commissions without interruption.

Simple and Transparent Rules

Bitget has made the Premier Inviter Program easy to understand and participate in. The rules are straightforward, and the eligibility criteria are clearly defined.

Additionally, the commission is calculated based on the transaction fees generated by your invitees, which are converted to USDT at the time of the transaction. This means that you don’t have to worry about fluctuating cryptocurrency prices affecting your earnings.

Furthermore, the commission is distributed in the form of cash vouchers, which are credited to your account starting at 8:00 AM (UTC+8) the day after your invitee’s transaction. This prompt distribution ensures that you receive your rewards quickly and efficiently.

How to Use Bitget's Premier Inviter Program

1. How to Activate Bitget's Premier Inviter Program

Step 1: Go to the home screen of Bitget app and click on “Invite Gift

Double Crypto Rewards with Bitget’s Premier Inviter Program image 0

Step 2: Click “Activate now” to activate Bitget's Premier Inviter Program

Double Crypto Rewards with Bitget’s Premier Inviter Program image 1

Step 3: You can start inviting friends now! You can do this by sharing your referral link or code with them. Encourage them to sign up, make a deposit, and start trading on the platform.

2. Meet the Eligibility Criteria

Once your friends have registered and started trading, the next step is to ensure you meet the eligibility criteria to qualify as a Premier Inviter. This could be by having at least one active invitee or reaching a total trading volume of 5000 USDT with all your invitees.

3. Activate Your Premier Inviter Perk

After meeting the eligibility requirements, you can activate the Premier Inviter perk on the Bitget platform. This perk will be valid for 30 days, during which you will earn a 25% commission on the transaction fees of your invitees.

4. Monitor Your Status and Earnings

As the 30-day period comes to an end, the system will automatically review your referral data from the past 30 days. If you continue to meet the eligibility criteria, your Premier Inviter perk will be extended for another 30 days. You can monitor your status and earnings through your Bitget account to ensure you are maximizing your rewards.

5. Stack Your Rewards

Remember that the Premier Inviter Program allows you to stack rewards from other referral activities. This means that you can participate in additional referral promotions and earn even more rewards. Keep an eye out for other Bitget referral activities that you can combine with the Premier Inviter Program to boost your earnings.

Examples of How You Can Benefit

Let’s take a look at a few scenarios to understand how the Premier Inviter Program can work in your favor:

Scenario 1: The Casual Inviter

Imagine you are a casual cryptocurrency trader who invites one friend to join Bitget. Your friend signs up, deposits 150 USDT, and trades 100 USDT within the first week. You meet the eligibility criteria and activate your Premier Inviter status. Over the next month, your friend continues to trade, generating transaction fees. You earn a 25% commission on these fees for 30 days. If your friend remains active, your status is renewed, and you continue to earn commissions for up to a year.

Scenario 2: The Active Trader with Multiple Invitees

In another scenario, you are an active trader with a large network of friends interested in cryptocurrency. You invite five friends, all of whom sign up and start trading on Bitget. Their combined trading volume reaches 5000 USDT within 30 days. You qualify as a Premier Inviter and activate your perk. Over the next month, you earn commissions on the transaction fees generated by all five friends. Additionally, you participate in an invitation task that offers a one-time reward, stacking your earnings. If your friends continue trading, you maintain your Premier Inviter status and keep earning for up to 365 days.

Scenario 3: The Crypto Influencer

As a crypto influencer with a significant following, you share your Bitget referral link with your audience. Many of your followers sign up, and their combined trading volume quickly exceeds 5000 USDT. You activate your Premier Inviter perk and start earning a 25% commission on their transaction fees. Because of your influence, your referral performance remains strong, and your status is renewed multiple times. You also participate in other Bitget referral activities, further increasing your earnings.

Notes

Launch Date: The Premier Inviter Program started on August 25. Any transactions made by your friends before this date will not count towards the Premier Inviter perks. Only transactions from friends invited after August 24 will be included in the program.

Data Calculation: The program calculates your referral data for the last 30 days starting from August 24. For example, if you activate your Premier Inviter perk on August 30, Bitget will consider the transactions and invitations from August 24 to August 30.

Deposit Requirement: For your invitee to qualify, they must have net deposits (deposits minus withdrawals) exceeding 100 USDT for three consecutive days within their first week. This doesn’t mean they need to deposit 100 USDT each day, but rather that their total deposits, minus any withdrawals, should be more than 100 USDT daily for those three days.

Commission Payouts: Commissions are converted to USDT based on the cryptocurrency price when your invitee makes a transaction. These are given out as cash vouchers starting at 8:00 AM (UTC+8) the day after the transaction.

Ineligible Transactions:

○ Commissions will not be paid for invitees who registered before August 24.

○ You won’t receive commissions for fees generated when your Premier Inviter perk isn’t active or has expired.

○ Commissions are not given for fees generated after your invitees join the affiliate program or upgrade to VIP3 or higher.

○ Fees generated by users under certain channels or during specific promotional periods, like "Trading 2 Earn," are not eligible for commissions.

○ Commissions will not be issued for invalid invitations or abnormal transactions.

Conclusion

Bitget’s Premier Inviter Program is a powerful tool for anyone looking to earn more in the world of cryptocurrency trading. With its high commission rate, low entry barriers, and the ability to stack rewards, this program offers significant earning potential for both casual and active traders. Whether you are new to crypto or a seasoned influencer, the Premier Inviter Program provides an excellent opportunity to maximize your earnings while helping others join crypto.

Disclaimer: The opinions expressed in this article are for informational purposes only. This article does not constitute an endorsement of any of the products and services discussed or investment, financial, or trading advice. Qualified professionals should be consulted prior to making financial decisions.

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