Cryptocurrency exchanges are increasingly looking for ways to reward their users, both to encourage new customers and to incentivize current users to remain loyal. Hoxdex has recently implemented a referral program as one of many means of achieving this. This program is designed to provide rebates to users that refer new customers to the exchange, as well as tokens for those being referred.
Details of the Referral Program
The referral program is open to both new and existing users. Existing users, who have already set up accounts before the program’s launch, will receive reward tokens when someone they refer uses their referral code to open an account. New users are not left out either, as they will also receive similar bonus tokens when they open an account using a referral code from an existing user. These tokens will be available to claim once the account is registered and either engaged in trading or made an investment.
Unique Token Rewards
These reward tokens are unique from Hoxdex other trading tokens. They are given out without the user needing to pay any fees or meet trading minimums. The tokens can be exchanged for capital that can then be used on Hoxdex. The referral system allows users to benefit from their own network of contacts, enabling them to gain tokens through recommended users rather than face the traditional barriers of investing.
Incentives and Growth
In conclusion, Hoxdex’s referral program is a great way for both existing and new clients to benefit from the platform, with new users entering the system able to earn bonus tokens and existing ones rewarded with tokens for referring people. Both of these groups are provided with incentives to use and remain on the exchange, which should in turn contribute to growth in the crypto market as a whole.