📌 What is the Referral Program?
Through this program, users earn a portion of the revenue generated by Paxful from trades involving their referrals. Additionally, the program encourages users to invite new traders, boosting both user growth and the potential for increased revenue for Paxful.
📌 What are the requirements to join this program?
- The only requirement to join this program is a successful ID verification.
- Only new Paxful users are eligible to be referred.
📌 How does this program work?
General structure of the referral program:
Commission can be earned from any trade on Paxful, whether buying or selling, and with any cryptocurrency.
The commission is capped at 25% of the escrow fee collected from the trade.
If both traders are referrals, the escrow fee reward is split—each referrer earns 12.5%.
For example, if User X (referred by User A) trades with User Y (referred by User B), both User A and User B receive 12.5% of the escrow fee.
Referrers can earn commissions from trades involving a referee for up to 12 months, starting from the date the referee completes ID verification.
All commissions are paid in BTC only.
👉 Paxful Referrer:
A referrer earns commissions when their referred user completes a trade on the Paxful marketplace.
A referrer does not earn commissions when trading directly with their referred user.
The referrer’s earned commission from the program is primarily stored separately from their primary wallet.
The referrer can withdraw their referral commission only to their primary Paxful Bitcoin Wallet.
A minimum withdrawal of 10 USD worth of Bitcoin is required from the referral commission.
👉 Referring new users
Users are given a unique referral link.
Users are also provided with a QR code that redirects to their unique referral link when scanned.
📌 How can a referrer track their commissions?
A dashboard will be available, displaying the total number of users referred by the referrer. It will also show the total amount of referral commission the referrer has yet to withdraw. In addition, the dashboard will feature a list of users referred by the referrer.
📌 How does the referrer withdraw commissions?
The referral dashboard includes a withdrawal button, allowing the user to make partial withdrawals from their available commission.
📌 How many users can a referrer refer?
A referrer can refer an unlimited number of users.
If you need any assistance from our Support team, do not hesitate to contact us. Check out this article on How to Contact Support.