KickRef referral network earnings balance is now visible in your KickEX account and can be withdrawn
Now in the KickEX account, you can track and withdraw your total earnings from the KickRef program. Earn BTC, ETH, and USDT!
Dear Friends! We have great news! You’ve done the hard work by referring new members to KickEX and waiting to enjoy your referral income. The wait is over! You can now see your referral balance in your KickEX exchange account, and withdraw any earnings in cryptocurrencies. To see the current balance, go to the KickEX exchange page → Log in→ check the “Referral earnings” tab. There is a balance of your earnings (in cryptocurrencies) from your referral network.
How to withdraw earnings from an active trading referral network?
The KickEX exchange dashboard now displays all rewards earned in KickRef. This means that now you are able to experience the fruitful results from your previously grown referral networks and withdraw your real earnings!
Earned rewards from active referrals of your network that have been trading since the launch of the KickEX exchange (June 1, 2020) can be withdrawn during July.
A required condition for transferring funds from a referral account to the main account is that you pay a minimum trading fee equivalent to $5 per month. When making a withdrawal you will need to pay a 10% fee in KickTokens from the ecosystem account. The tokens must be on the ecosystem account, any tokens (referral or regular KickTokens) are suitable.
Let’s consider the functionality during withdrawal periods on two possible examples:
A user does not withdraw the earned $2 for July, the funds are transferred to August. If the user again does not withdraw them in August, and the referral network brought him another $2 in the current month — the total amount of funds will be transferred to September, and it will be possible to withdraw $4.
The same user as in the first scenario. $4 was saved in the referral type of account. In August, the user’s referrals brought him another $3. At the beginning of a new month, the user had $7 in the referral type of account. Now the user needs to withdraw the earned funds, otherwise, in September they will be burned.
Balances that exceed $5 and were not withdrawn during the billing month will begin to burn, starting from July.
Examples of referral earnings withdrawal
1. Your earnings — $4. During the withdrawal, month transfer $4 from the referral account to the exchange account. Then pay a 10% fee with KickTokens from the ecosystem account at the KICK/ USDT rate. Now, you have $4 to withdraw. Let’s suppose you forgot to make a withdrawal during the month, then $4 will be transferred over to the next month.
2. Your earnings — $25. During the withdrawal, month transfer $25 from the referral account to the exchange account. Then pay a 10% fee with KickTokens from the ecosystem account at the KICK/ USDT rate. Now, you have $25 to withdraw. Let’s suppose you forgot to make a withdrawal during the month, then $25 will NOT be transferred to the next month (because this amount exceeds $5), it is necessary to withdraw your earnings in the current month, otherwise, the earnings will burn out.
We remind you that when trading — up to half of the trading fee on the exchange can be paid with KickTokens from the ecosystem account. Moreover, with KickTokens you pay a 10% fee for transferring earnings from a referral account to an exchange account. Read more about the structure of fees and discounts.
5 easy steps on how to receive your monthly earnings with KickRef
1. Have an active trading referral network.
2. Pay $5 in commissions fees during trading on the KickEX exchange.
3. Transfer the number of your earnings from the referral account to the main exchange account and pay a 10% fee with KickToken.
4. Withdraw funds during the month.
5. Congratulations, you have withdrawn your KickRef earnings successfully!
Kick Ecosystem Team