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What is the definition of a referral code in the context of cryptocurrencies?

avatarInstruistoNov 27, 2021 · 3 years ago1 answers

In the world of cryptocurrencies, what exactly is a referral code and how does it work? Can you provide some examples of how referral codes are used in the crypto industry?

What is the definition of a referral code in the context of cryptocurrencies?
Cryptocurrencies
Referral Code
Crypto Industry

1 answers

  • avatarNov 27, 2021 · 3 years ago
    At BYDFi, a referral code is a unique identifier that allows us to track and reward our users for referring new members to our platform. When someone signs up using a referral code, both the referrer and the new user receive a bonus in the form of BYD tokens. The more people you refer, the more bonuses you can earn. Referral codes are a great way for us to grow our community and reward our loyal users for their support.

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