Centralex has as a marketing strategy the referral system offers a cost-effective way to attract new customers at a fair price. It is accomplished by continuously rewarding users with a bonus paid in Centralex Coins every time one of their L1 or L2 referrals makes a trade.
For the referral program to work, the user needs to hold at least $100 worth of CenX tokens in their wallets and complete our KYC/AML procedure provided by Fractal ID. Users will earn up to 25% share of the fees collected by L1 referrals and 5% of the fees collected from their L2 referrals – This applies to referrer’s holding less than $7500 in the equivalent CenX tokens. This will encourage users to build out their referral network resulting in an expanded userbase for Centralex.
To make it even more interesting for our token holders, Centralex came up with a strategic plan to offer even more referral bonuses by implementing an ongoing VIP referral system.
A VIP user will earn up to 35% of the fees collected by L1 VIP referrals and 10% of the fees collected from their L2 VIP referrals if they hold more than $7500 in the equivalent of CenX tokens.
This will encourage users to hold more of the CenX token and build an even more robust referral network resulting in an expanded userbase for Centralex.