A referral link is a unique link for signing up to a project, service, or platform that has the inviting participant's identifier built into it. When a new user follows such a link and performs the required action (signs up, makes a deposit or a trade), the system credits them to that specific referrer.
How it works
Referral links are the foundation of affiliate and referral programs, which are widely used by crypto exchanges, wallets, and various services to attract a new audience. For each invited user, the owner of the link receives a reward — for example, a share of fees, bonus tokens, or other incentives defined by the program's rules.
- contains the inviting participant's identifier;
- links the new user to a specific referrer;
- serves as the basis for crediting affiliate rewards.
For the user, following a referral link usually does not change the sign-up terms, and sometimes provides additional bonuses. At the same time, it is important to evaluate the project on its merits, not just by the appeal of the referral offer: favorable program terms do not replace checking the reliability of the service.
Термины и определения криптовалют
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