# Referrals

## Introduction

This guide provides an overview of the Referral Program and the benefits you can enjoy as a Referrer / Referee.

* **Referrer:** A current Demex user who generates and shares referral links to encourage traders to trade on Demex and receive trading commissions when they trade. 
* **Referee:** A trader that connects to Demex for the first time using a referral link which can also give them **trading discounts**. 
* **Ambassadors:** Ambassadors have the potential to earn up to 25% of commissions. Users can become Ambassadors upon selection after completing the [application](https://docs.google.com/forms/d/e/1FAIpQLSeHiPHX272hHQLjs85LCNtMc_cQ5b6blEaAVZRIxlE4usXFEA/viewform) process.

## Eligibility

The Referral Program is open to all Demex users and applies to all markets on Demex. To participate, simply follow the steps to generate your referral link as a Referrer: [**\[Referrer\] How to Generate Referral Links**](/earn/referrals/sharing-your-referral-link.md)

Each new Demex user can be associated to only one referral code. The use of multiple referral links from multiple users is not permitted.

## Commissions and Kickback Structure

Demex users can earn up to **15% commissions** from the trading fees of their referred traders.

Referees can enjoy kickback, which are discounts on trading fees they pay.

* Referrals can generate up to 4 referral links.

| Referrer Commissions | Referee Kickback |
| -------------------- | ---------------- |
| 15                   | 0                |
| 10                   | 5                |
| 5                    | 10               |
| 0                    | 15               |

* Ambassadors have the ability to generate 6 referral links.

| Referrer Commissions | Referee Kickback |
| -------------------- | ---------------- |
| 25                   | 0                |
| 20                   | 5                |
| 15                   | 10               |
| 10                   | 15               |
| 5                    | 20               |
| 0                    | 25               |

## Real-Time Commission 

Commissions are automatically credited to your wallet in real-time, eliminating the need to wait for payment.

## Ambassadors Club

The Demex Ambassadors Club is an exclusive invite-only community for selected users who are long-time supporters of Demex and/or influential content creators. 

Ambassadors can enjoy up to 25% commissions from trading fees.\
\
Users can join the Ambassadors Club through two methods: 

1. By applying to be an Ambassador using the [provided form](https://forms.gle/y9H8TfHrFcREmi69A), or 
2. By being one of the first 10 users to refer 10 qualified referrals, leading to an invitation to join the Ambassadors Club.

If you are shortlisted, you will be contacted.

**Note**: The specific details and conditions of the Referral Program are subject to the information provided in the respective sections and terms. To view the Terms and Conditions, click [here](/earn/referrals/terms-and-conditions.md).

{% hint style="info" %}
Got a question? Check out the FAQ section [here](/earn/referrals/faqs.md).
{% endhint %}


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