BitOrb affiliates will be able to earn commissions based on the amount of Orbyt tokens held by their referred users per month.
|Orbyt Tokens held by Referred Users/month||Affiliate’s Commission (%)||Referee’s Taker Fee (%)||Exchange Net Fee Volume (%)||Max Commission for Affiliate Volume (%)|
|> $ 0||20%||0.0675||0.042500||0.008500|
|> $ 5,000,000||15%||0.0600||0.035000||0.005250|
|> $ 50,000,000||10%||0.0525||0.027500||0.002750|
*Users who did not registers on BitOrb via an affiliate link will not be entitled to a discount on the trading fee if they do not hold any Orbyt Tokens or if their Orbyt Tokens is less than 100.
|Orbyt Tokens Held||Referee Gets (Discount %)||Taker Fee After Discount (%)|
REFERred users' benefit:
Users who were referred by the affiliates do not have to buy any Orbyt tokens to enjoy 10% discount on trading fee unlike non-referred users. They can also earn more discount up to 30% when they purchase more Orbyt tokens.
How It Works
In January 2019, Mary signs up through John’s affiliate link. Without purchasing any Orbyt tokens yet, she is already entitled to 10% discount on trading fee while John enjoys #% commission.
Later that year in June 2019, Mary decided to purchase 50,000 Orbyt tokens. She remains to keep her 50,000 Orbyt tokens for the next 6 months. As a result, she is entitled to enjoy #% discount on trading fee while John receives #% commission monthly until the end of the year.
Terms & Conditions
- Market makers, influencers and content creators who are interested to be part of the BitOrb Affiliate program can email BitOrb at [email protected]. BitOrb holds all rights to accept or decline the application. Potential affiliates will be contacted to arrange for an online call to further discuss on the potential collaborations.
- Affiliates that has been appointed by BitOrb will be required to promote the Company’s brand, services and products. The affiliate will be a representative of BitOrb on a non-exclusive, non-employee basis to endorse and promote its services to the target audience until termination or cancellation of the agreement is establish.
- The affiliate will have to adhere to the agreed deliverables which has been discussed prior to the agreement. Deliverables may consist of and is not limited to twitter postings, articles, podcasts, youtube content and others based on the agreement that has been established between the affiliate and BitOrb.
- The affiliate will have complete discretion in terms of the direction and content of the deliverables. However, BitOrb would require affiliates to promote certain specific contents, products or services from time to time.
- The affiliate should ensure that the statements made by should reflect the affiliate’s honest and truthful opinions. The contents that is created by the affiliate should be in good taste and free of inappropriate language and/or any content that promotes bigotry, racism or discrimination against an individual based on race, gender, religion, nationality, disability, sexual orientation or age.
- The affiliate may have access to information of a confidential and proprietary nature to BitOrb and the customers of BitOrb during the affiliate’s term of service. The affiliate will have to agree to a confidentiality and exclusivity terms of agreement. Affiliates have to agree to not use, disclose, communicate, copy or permit the use of such information to any third party in any manner whatsoever.
- Affiliate compensation will be in the form of Orbyt Tokens. Affiliates will have to perform the services at his/her own expenses and use his/her own resources and equipments. The Affiliate will have to acknowledge that the compensation represents the affiliate’s entire compensation with respect to the agreement. BitOrb will not have any obligations for any other expenses or cost incurred by the affiliate during the term of services.
- Affiliates will have to adhere to the commissions compensation based on the structure listed as per shown in the affiliate program. Commissions will be paid out in Bitcoin and will be distributed at the end of each day.