"Invite Friends" Program Expansion: Commission Rebates Now Unlimited

Dear Valued Users and Channel Partners,

To boost incentives for “Invite Friends” channel partners and grow HTX’s global footprint, HTX has increased the spot commission rebate rate and futures commission rebate limit for users who invite their friends to join HTX. Users can now apply for unlimited rebates if the following requirements are met! 

 

I. Application

Application time: 00:00 (UTC) on Mar 29, 2022 – 15:59 (UTC) on Dec 31, 2022

Form registration: http://huobi-global.mikecrm.com/nGNTO23

II. Rebate partnership rules for channel partners

Channel partners can now enjoy spot commission rebates and futures commission rebates (including coin-margined futures, coin-margined swaps and USDT-margined swaps) when they invite new HTX users.

Level

 

Channel Partnership Conditions & Quarterly Evaluation Criteria

 (both apply concurrently)

Spot Commission Rebate Rate

 

Futures Commission Rebate Rate

Rebate Eligibility Period

 

 

(Figures below refer to combined trading volumes of spot trades, coin-margined contracts and USDT-margined contracts)

Level 1

 

Applicable to all invited and newly registered users in the past three months, provided at least 10 of such users have traded spots/futures.

 

40%


 

 

50%

 

Permanent

New invitees' current period cumulative trading volumes have reached US$1 million in the past three months.

Level 2

 

Applicable to all invited and newly registered users in the past three months, provided at least 50 of such users have traded spots/futures.

 

 

 

45%

 

 

 

60%

 

Permanent

New invitees' current period cumulative trading volumes have reached US$4 million in the past three months.

Level 3

 

Applicable to all invited and newly registered  users in the past three months, provided that there are a total of at least 500 such users, and at least 80 of such users have traded spots/futures.

 

 

 

 

 

50%

 

 

 

 

 

60%

 

 

Permanent

New invitees' current period cumulative trading volumes have reached US$10 million in the past three months.

1. Registered users who have closed their HTX accounts and are invited to re-register will be deemed as invalid invitees, with no commission rebates to be offered.

2. Restrictions: If invitees trade with special or preferential fee rates, neither spot rebates nor futures rebates will be offered . Each invitee can freely trade with any fee rate they choose.

3. Commission rebate rates: Please see the chart above for rebate partnership rules for channel partners. Commission rebate rates for spot trading are 40%, 45%, and 50%, and stand at 50% and 60% for futures trading.  

4. Commission rebate basis: Commission rebates are based on invitees’ net transaction fees, which excludes their negative transaction fees as Market Makers.

5. Commission rebate eligibility period: No expiry.  For spot trading, the eligibility period starts from the account opening date of each invitee, For futures trading, the eligibility period starts from the time at which each invitee activates at least three derivative products.

6. Quarterly Evaluations: Evaluations will be carried out on a quarterly basis according to the criteria in the above table. Integrated evaluations will be conducted to re-rate the levels for each channel partner, and the commission rebates derived from invitees after re-ratings will also be applied according to the rights of a new level. The rebates derived from invitees  who have already been invited and registered will not be affected. Some important instructions are as follows:

a. For level1 channel partners, resource backgrounds will be reviewed during quarterly evaluations. 

b. Even if channel partners meet all the above requirements during quarterly evaluations, HTX has the sole discretion to determine the award of rebate rights based on its investigation, focusing on the number of new registered users and traders.

7. Risk-control rules: Transaction fee rebates that violate risk control rules (including but not limited to violations such as old users masquerading as newly-invited users) will be forfeited. Rebates that are forfeited by risk control will not be counted in channel partner evaluations.

Please Note: For invitees from Belarus, the Democratic Republic of the Congo, Japan, South Korea, Cuba, Iraq, Iran, Chinese Mainland, Hong Kong (China), Macao (China), North Korea, Sudan, Syria, United States of America and its territories (American Samoa, Guam, Northern Mariana Islands, Puerto Rico and United States Virgin Islands) and Zimbabwe, the rebate rules remain unchanged: https://www.huobi.com/support/en-us/detail/900005164043.

 

Ⅲ. Channel partner obligations and conduct code

1. Channel partners need to build and promote the referral program regularly through their own efforts. HTX will periodically assess the number of new users and the level of trading volumes for each channel partner on a quarterly basis. The standards and conditions are shown in the table above. Those who fail to meet the standards and conditions will be downgraded; after a certain point, they will be disqualified as channel partners.

2. Channel partners must abide by HTX’s brand usage rules and report to HTX’s channel partner business department in advance. They may not use HTX’s brand without permission. Reporting in advance does not signify that HTX will provide credit endorsements for channel partner actions.

3. Channel partners must adhere to restrictions for certain activities and advertisements when promoting the referral program. Channel partners are prohibited from publishing false information and pricing information that would disrupt the market.

4. Channel partners that violate the conduct code above for the first time will be given a warning. Multiple violations will result in disqualification.

 

Ⅳ. Application method

1. Form registration: Users can click the form below, fill in the necessary information and submit.

English (MikeCRM form): http://huobi-global.mikecrm.com/nGNTO23

2. Email registration: users can send an application email to [email protected] to register. The email content should include HTX UID, business country and region, own resources background, brief business plan, self-introduction, personal WeChat or mobile phone number, and other relevant information.

3. A HTX representative will reach out to users who have been successfully accepted as a channel partner within 10 working days of submission of the application. The HTX representative will contact the user through the contact information provided in the application.

HTX will continue to place users first and strive to promote the development of the blockchain industry. Thank you for your long-term support, and we welcome your future comments and suggestions!

HTX has the final interpretation rights of the abovementioned rules. The channel partner rules are subject to change by HTX from time to time. All rules are subject to changes as deemed by HTX’s official announcements.

 

HTX 

March 30, 2022

 

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HTX reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reasons without prior notice. The above is for information purposes only and HTX makes no recommendations or guarantees in respect of any digital asset, product, or promotion on HTX. Prices of digital assets are highly volatile and trading digital assets involves risk. Please read our Risk Reminder text here.