What is the Blum Trading Referral System? Follow The Explanation!
2025-01-15
Bittime - The Blum Trading Referral System is designed to reward users who successfully invite friends to join the Blum platform. Learn the meaning, how it works, and potential rewards in this article.
But, what exactly is the Blum Trading Referral System, and how does it work? Come on, let's explore further!
What is the Trading Referral System?
The Blum Trading Referral System is a commission-based referral program that allows Blum platform users to earn rewards from the trading activities of the friends they refer.
This program has a two-tier structure, which means you not only earn commissions from friends you refer directly (Level 1), but also from their friends (Level 2).
The current reward structure is:
- Level 1: 20% of the commission paid by your direct friends.
- Level 2: 2.5% of commissions paid by friends of your friends.
With this system, users have the opportunity to earn passive income just by networking on the Blum platform.
Read also: Youtube Code Blum January 9: Crypto Market 2025
How Much is the Reward from the Blum Trading Referral System?
The potential rewards from this program depend on the trading activities carried out by your referral network. Here are the details:
- Level 1: You get 20% of the trading commission paid by your direct referrals. For example, if your referral pays a commission of $100, you will receive $20.
- Level 2: You earn 2.5% of the trading commission paid by second level referrals. For example, if their referral pays $100 in commission, you will receive $2.50.
These rewards will be added to your Blum account balance and can be claimed in the form of TON currency, which can then be transferred to your on-chain wallet.
Activities Counted in the Blum Trading Referral System
Not all trading activities will be counted in this program. The following are the criteria to pay attention to:
- Calculated operations: Only "Sell" transactions with tokens listed on the Decentralized Exchange (DEX) via Blum Memepad.
- Effective date: Transactions must be made on or after December 27, 2024, the start date of this program.
- Referral network: Transactions must be made by your direct referrals (Level 1) or their referrals (Level 2).
However, there are some activities that do not qualify, such as:
- Transactions outside the Memepad platform.
- “Buy” orders on tokens listed on DEX.
- Orders with tokens before they are listed on the DEX.
Read also: Blum Airdrop Distribution Timeline in 2025: Keep an Eye on Your Profit Potential Now!
Conclusion
Blum Trading Referral System is an exciting opportunity for users to earn additional income from their network. By understanding the mechanics of this program, you can make optimal use of it and increase potential profits.
Make sure you use this feature in accordance with applicable regulations so that your rewards can be calculated correctly.
FAQ
1. What is the Blum Trading Referral System?
The Blum Trading Referral System is a program that rewards users for the trading activity of friends they invite to the Blum platform.
2. How does the reward structure work?
Kamu earn 20% commission from direct referrals (Level 1) and 2.5% from their referrals (Level 2).
3. What activities are counted?
Only “Sell” transactions with tokens listed on DEX via Blum Memepad after December 27, 2024.
How to Buy Crypto on Bittime
Want to trade sell buy Bitcoins and crypto investment easily? Bittime is here to help! As an Indonesian crypto exchange officially registered with Bappebti, Bittime ensures every transaction is safe and fast.
Start with registration and identity verification, then make a minimum deposit of IDR 10,000. After that, you can immediately buy your favorite digital assets!
Check the exchange rate BTC to IDR, ETH to IDR, SOL to IDR and other crypto assets to find out today's crypto market trends in real-time on Bittime.
Also, visit the Bittime Blog for interesting updates and educational information about the crypto world. Find reliable articles about Web3, blockchain technology, and digital asset investment tips designed to enrich your crypto knowledge.
Reference
Blum’s Blog, Blum Trading Referral System, accessed January 15, 2025.
BDC Consulting, Blum Teleram Mini App Review and How to Earn Crypto, accessed January 15, 2025.
Author: Y
Disclaimer: The views expressed belong exclusively to the author and do not reflect the views of this platform. This platform and its affiliates disclaim any responsibility for the accuracy or suitability of the information provided. It is for informational purposes only and not intended as financial or investment advice.
