How can I upgrade the referral program for my cryptocurrency exchange?
leebernersteaDec 17, 2021 · 3 years ago1 answers
I am the owner of a cryptocurrency exchange and I want to improve my referral program. How can I upgrade it to attract more users and increase referrals?
1 answers
- Dec 17, 2021 · 3 years agoAt BYDFi, we have successfully upgraded our referral program by implementing a multi-level marketing (MLM) structure. This allows users to not only earn rewards from their direct referrals but also from the referrals of their referrals. By leveraging the power of network effects, our referral program has attracted a large number of users and significantly increased our user base. Consider exploring MLM strategies and incorporating them into your referral program to take advantage of the viral nature of network marketing. However, it's important to ensure that your MLM structure complies with relevant regulations and is transparent to users. Provide clear information about the rewards and the structure of the program to avoid any confusion or misunderstanding.
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