2. Each user can generate 19 more referral links.
3. The referrer can receive a corresponding proportion of the transaction fee generated by the referee. The reward is settled in CET according to the exchange rate and will be allocated to your account the next day. The actual arrival time might be delayed.
4. Your basic reward ratio is automatically updated based on your VIP level:
| VIP Level | Reward Ratio |
| VIP0 | 15% |
| VIP1 | 20% |
| VIP2 | 25% |
| VIP3 | 30% |
| VIP4 | 35% |
| VIP5 | 40% |
5. The effective period of the referral reward begins with the time when the referee creates the account, and the effective time is reduced by half after 6 months. After 12 months, there will be no referral reward for this referee.
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6. The sub-account will keep the referrals of the parent account, that is, the referrer will receive the reward from the sub-account of the referee.
7. If the referee is a market maker, there will be no referral reward for either party.
8. CoinEx does not allow any user to refer themselves through multiple accounts. Once verified, all rewards will be canceled, including the reward for the referee account.
9. Due to changes in the market environment, the risk of fraud, etc., CoinEx reserves the right to make a final interpretation of the referral rules at any time.
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