WazirX Referral Program - Participation, Tracking & Rules

We're really excited that you want to be part of the referral program and spread the word about WazirX with all your family and friends. The following article will help you understand all the details of the program. We have tried to be as transparent as possible & kept the program simple so you can focus on earning more rewards instead of worrying about any terms and conditions!

What is the WazirX Referral Program?

The WazirX Referral Program is a great opportunity for you to earn up to 50% of every trading fee paid by your friends on WazirX as a reward. It is our way of rewarding you for your efforts in helping bring more users to WazirX and being a part of the crypto revolution in India! It is probably the most rewarding crypto referral program currently in India.

How does it work -

1. Share your link - Share your referral link with your friends via email, social media, or any other way.
2. Sign up - Your friends use your link to sign up on WazirX and make their first trade on WazirX.
3. HODL, Trade, & Earn - HODL WRX, trade a minimum of INR 10,000 in the last 30 days, and earn up to 50% of your referral's trading fee as a reward - Even while you're asleep!

What are the conditions that need to be considered to be eligible for the referral rewards?

To qualify for referral rewards, several conditions must be met. Firstly, only KYC-verified Indian users are eligible, and it is imperative that their PAN is linked to their Aadhaar. Additionally, users must not fall under the category of specified persons as per section 206AB of the Income Tax Act. To earn referral rewards, a minimum trading threshold of INR 10,000 (in any crypto) must be met within the last 30 days. Furthermore, users are required to hold WRX to maximize rewards, with the reward percentage determined by the quantity of WRX held. Both these conditions are mandatory for eligibility. Additionally, users are advised against running ads with referral codes or engaging in self-referrals. WazirX reserves the right to cancel reward distribution in such instances at its discretion.

Please note that, from April 1, 2024, referral rewards will not be applicable for trades conducted in non-INR markets.

In what currency will I earn my reward?

You will receive the referral rewards in INR.

How much can I earn in this referral program?

As much as you want! Your referral reward percentage will be calculated based on the quantity of WRX held by you. The earnings are truly unlimited!

The more your referred friend trades and you HODL WRX, the more you earn. 

(We do reserve the right to adjust or change the referral program rules in the future.)

How can I refer a friend to WazirX using my referral code?

Once you sign up, you can access your unique referral/invite link by going to the Referral screen. You can share your referral/invite link with your friends by simply copying it and sharing it everywhere or using one of the sharing options, such as Telegram, Twitter, Facebook, orWhatsApp.

When your friend clicks on this link and signs up for a WazirX account through the web or by entering the referral code during app signup, you will be eligible to earn referral rewards.

When will the reward be credited to my account?

Rewards will be credited on a monthly basis within the first week of the following month.

How can I track the rewards and friends I've referred to?

When you head over to the referrals screen, you can see the following -

• Total referrals - This is the total number of friends who clicked on your referral link and signed up successfully on WazirX.
• Total rewards - This is the total rewards you earn from all the trades of all your friends. The value is expressed in INR by calculating the latest INR value of your crypto referrals earned.
• Your reward rate - This is the rate at which you will earn rewards.
• Reward history - This is a list of rewards you have recently earned.
• Referred friends - This is a list of friends who have used your referral link and signed up successfully.

For security reasons, we will not be sharing personally identifiable details about which friends used your referral link.

Do you have any tips that will help me earn more rewards?

1. Share your invite link with as many friends as you can. The more friends you share it with, the more likely they are to sign up. Use social media, chat, and emails to share your invite link. However, users are advised against running ads with referral codes or engaging in self-referrals.
2. Get your friends excited about crypto and why they need to sign up on an exchange like WazirX.
3. Let your friends know about the benefits of signing up with your invite link instead of signing up directly.
4. Encourage your friends to use their own referral links after they sign up. This will build their trust in you.
   
5. Push your friends to trade more on WazirX so you can earn more with every trade!
6. HODL WRX!
7.  

I referred to a friend, but they did not yet qualify for the reward.

There are some reasons why even though you think you may have successfully referred a friend, that referral did not count -

• Your friend clicked on your referral link but signed up through the app without entering the referral code.
• Your friend did not click on your referral link and instead signed up directly on WazirX.
• Your friend clicked on another referral link and signed up with that link.
• Your friend's KYC is still under verification or has been unapproved.
• Your friend has not completed their first successful transaction on WazirX.
• You or your friend did not meet the rules below:

Important rules to keep in mind

Please remember the following rules when you participate in the WazirX Referral Program. These simple but important rules help us keep the program fair for the entire community.

• Do not misrepresent rewards when sharing the referral link with your friends
• We constantly look for fake or duplicate accounts. If we find something amiss we will disqualify those accounts from being part of the referral program and withdraw any rewards that may have been credited earlier

Note: While we run this program in good faith, WazirX reserves the right to make any changes to the referral program without prior notice. We may make such changes in view of changing market conditions, security, risk of fraud, or any other reason. WazirX's decision on reward eligibility will be final and binding. By participating in the referral program, you acknowledge the above.

If you find someone misusing the referral program, you can let us know by contacting us directly. We'll look into it and take the necessary steps to fix it.

Do follow us on X (formerly Twitter) (@WazirXIndia) and join the WazirX Telegram channel (https://t.me/wazirx) for the latest updates & announcements about WazirX.