To participate in LATOKEN Referral Program inviter must share his referral link, and the invitee must register using that referral link.
When an invitee verifies his email, both receive credit that will be spent to return a portion of commission fees as cashback.
The cashback asset is the same as the asset of fees paid.
Each cashback payment decreases credit by the corresponding amount down to zero. Any user can receive cashback as long as he has a positive credit amount.
Inviter will cash back a portion of fees paid by the invitee.
Any user will cash back a portion of his fees.
The cashback portion depends on a number of activated referrals.
Cashback for deposit and withdrawal fees is paid just after the transaction. Cashback for trading fees collected and paid once a day at 0:20 AM UTC.
Some crowdsale projects on LATOKEN provide customized referral programs. Crowdsale referral programs may reward inviter and (or) invitee. Crowdsale referral rewards will be paid after the corresponding crowdsale finishes.
LATOKEN reserves the right to adjust the terms of the referral program at any time due to changing market conditions, risk of fraud, or any other factors we deem relevant.
LATOKEN does not allow any user to self-invite through multiple accounts. Once such activity has been detected, all invitees will be canceled and all referral rewards for the invitee's accounts will be canceled.