π€π½ Referrals
Motion offers a referral program that allows users to earn rewards by inviting others to trade on the platform. Referrers receive a percentage of trading fees from their direct and indirect referrals, providing a way to generate passive income.
How the Referral Program Works
Every user is assigned a unique referral link upon registration.
When someone signs up using the referral link, they become a direct referral.
The referrer earns a percentage of the trading fees collected from their referrals.
Additional rewards can be earned through multiple referral levels, allowing users to benefit from a growing network.
Referral Fee Discounts
Users who join Motion through a referral receive a reduced trading fee of 0.85% instead of 1%. This discount applies to all future trades made by the referred user.
Multi-Level Referral Rewards
Motionβs referral system rewards users across five levels of referrals:
Level 1: 25% of the trading fee from direct referrals
Level 2: 4% from the referrals of direct invites
Level 3: 3% from the next level of referrals
Level 4: 2% from fourth-level referrals
Level 5: 1% from the final level in the structure
Each time a referred trader executes a trade, the referrer earns a percentage of the fee without affecting the referred traderβs costs.
Example Referral Earnings
If a Level 1 referral executes a trade with a $10,000 volume and pays a 0.85% fee, the total fee collected is $85. The referrer earns 25% of this fee, which equals $21.25.
If a Level 2 referral trades with the same volume, the Level 1 referrer earns 25% of the fee ($21.25), while the Level 2 referrer earns 4% of the fee ($3.40).
Claiming Referral Rewards
Referral earnings accumulate as invited traders continue to trade.
Users can claim rewards once they reach 100 MOVE in referral earnings.
Rewards are not automatically paid out and must be manually claimed through the referral menu.
Creating a Custom Referral Link
Motion allows users to personalize their referral link for easier sharing. A custom link can be generated in the referral menu, making it simple to track and manage invites.
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