Will the referral system be similar to KuCoin, where you invite a person, and if the person you invited invites another person, you will get a small % of the fee of the 2nd person?
We will be offering a single tiered referral system, whereby you get a % of the fees your referrals generate for you. We will offer 20% of the trading fees made by your referrals on an ongoing basis.
I am not sure how they can offer the type of teared affiliate system you speak of. They are already offering up to 50 % of revenue as it is.
Of course they can do what ever they please with their affiliate system. The above are just my thoughts on it.
The 50% condition applies to first 100 who make 50+ referrals, as described at upcoin.com
The ongoing program will offer 20% of the trading fees paid by your referrals while trading.