05.07.2024
Mirjan Hipolito
Cryptocurrency and stock expert
05.07.2024

Crypto.com launches enhanced referral program

Crypto.com launches enhanced referral program Crypto.com launches enhanced referral program

Crypto.com has revamped its referral program, offering users up to $50 in CRO for successful referrals.

In a development for user engagement strategy, Crypto.com has introduced an upgraded referral program, enabling both referrers and their friends to earn up to $50 in CRO. The program is structured to reward users for completing specific actions, such as making trades and staking.

Users who refer friends can earn bonuses through three main activities:

1. Trading over $100 in cryptocurrency, earning both the referrer and the friend up to $10 each.

2. Locking up or staking for a Ruby Steel or higher Crypto.com Visa Card, granting each party up to $25.

3. Depositing and trading at least $50 of fiat, which rewards up to $15 each.

For every five successful referrals, the user will be upgraded to the next level of Rewards+ for 30 days. This new tier provides even more benefits, encouraging to engage with the platform. The more referrals users make, the more rewards they earn! It is possible to refer up to 100 friends.

This initiative highlights the competitive nature of the cryptocurrency exchange market, where platforms are continually enhancing user benefits to capture a larger share of the growing crypto user population.

Crypto.com’s strategy underscores the importance of user-centric growth approaches in the highly dynamic and competitive field of cryptocurrency trading.

Crypto.com is a Singapore-based cryptocurrency exchange that offers various financial services, including an app, an exchange, and a non-custodial DeFi wallet, an NFT marketplace, and a direct payment service in cryptocurrencies. As of June 2023, the company reportedly had 80 million customers. The exchange also issues its own exchange token, called Cronos (CRO).

See also: Bybit announces migration to new Open API V5

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