Advantages of Referral codes
Referral codes are the most important medium to reach out to new users. It's a win-win situation, where users claim rewards and companies grow faster
The referral medium is the best way for any crypto exchanges to reach out to new users from where they can then spread the word to more new users by sending a specific code.
Before we go into the details of the referral code, let us first understand what it is.
What’s a Referral Code?
A referral code, similar to a referral link, is basically a unique code that consists of alphanumeric characters as well as, in some cases, complete words like a customer’s name.
This type of unique referral code is usually given to members by the company to spread the word to the user’s family members and their community.
It is a unique ID that helps the company understand which users have provided them with more new users. Though referring to new users is not a new thing, crypto exchanges have adopted it in a big way, as this provided them with organic users that cannot be faked.
Why do users use Referral Code?
Users are rewarded for every new user who registers with the company or makes any transactions by using a referral code. Many companies provide users with a percentage of money spent by a new user in the trading of cryptocurrencies.
Once a user is registered with the referral code, the user from whom the company has received the new users will get paid a commission every time.
So this is a win-win situation for both the crypto exchanges and the user. The more new users join from the referral code, the more he/she earns.
It has been a tested platform for gaining more users, because, a user will only share his code with near and dear ones, and this cycle will go on making a chain reaction, building a very big community.
Does Klever offer Referral codes?
Sure it does. If you have the Klever wallet on your cell phone, you can definitely leverage referral codes to make some extra profit and invite your friends and relatives to use a state-of-the-art crypto wallet such as Klever App.
You can easily find your code on the Settings menu, where you may reach the “Invite Friends” button. Read more about how to use your referral code and claim rewards here.
Today, the referral code has become a must tool for all crypto exchanges that are Kleverly using it for connecting with new users across the world. Because for any crypto exchange, users can be based anywhere across the world.
Jagdish Kumar
Klever Writer
Follow me on twitter.com/TokenBharat
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