IB stands for Introducing Broker, which is an opportunity for you to earn with Bitterz.
You might have heard of affiliate programs that introduce products on behalf of advertisers through blogs, websites, email magazines, SNS to receive rewards. IB is an unique referral program that is very active in the cryptocurrency space.
Regular affiliate programs will only let you earn commissions per sold product.
In contrast, our IB Program will allow you to earn rewards as long as your referrals are trading. The more they trade, the more you earn.
Rewards are not fixed as they will continue to increase as your referral base grows. It is possible to get the maximum reward as you climb the tier structure.
Our IB program is a tier structure, so the more you introduce the higher tier you can achieve.
Earning on regular affiliate programs are quite limited as commissions are only generated per product sold. With Bitterz, our IB program has no limitations. The more you introduce and the more your referrals trade, the more you will earn.
For those interested in long-term 'earnings', please check out our IB program.
| IB rank | Reward conditions | Reward |
|---|---|---|
| Crystal | Referrals trading volume below $25,000,000 |
10%*1 |
| Sapphire | Referrals trading volume between $25,000,000 - $50,000,000. |
20%*1 |
| Emerald | Referrals trading volume between $50,000,000 - $100,000,000. |
30%*1 |
| Diamond | Referrals trading volume above $100,000,000. |
50%*1 |
Your earned IB rewards will be settled in your BTC wallet on the 5th of the following month.
(Example: July rewards will be settled in your wallet on the 5th of August)
Cryptocurrency:
Reward amount (amount converted to BTC) = spread x number of lots (*2)
Synthetic Indices, Synthetic Stocks, Synthetic Metals:
Reward amount (amount converted to BTC) = spread x number of lots (*2) x 30%
*2
Cryptocurrency: 1 lot = 1 currency
(EURTUSDT, EURTJPY, USDTJPY: 1 lot = 100,000 currency)
Synthetic Indices, Synthetic Stocks: 1 lot = 1 currency
Synthetic Metals, XAUBTC: 1 lot = 100 currency, XAGBTC: 1 lot = 5,000 currency
Your IB rank is updated at the beginning of the month by calculating the trading volume for the past 3 months.
(Example: Trading volume calculated for May 1 to July 31, your rank will be updated on the 1st of August)
Why not sign up as an IB
and get earn maximum commissions?
