> ## Documentation Index
> Fetch the complete documentation index at: https://docs.qfex.com/llms.txt
> Use this file to discover all available pages before exploring further.

# QFEX Referral Program

> Earn Cash Rewards

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## Overview

We’re excited to introduce QFEX’s Invite & Referral Program, designed to reward active traders for helping grow our trading community. Earn passive income every time your referrals trade on QFEX—the more they trade!

QFEX is currently **invite-only**. Every new user must join using a valid invitation code from an existing QFEX user.

To earn your first invitation codes, trade **\$100,000** in cumulative perpetual futures notional volume over the last **14 days**. Once you qualify, you'll receive **5 invitation codes**.

Each invitation code is **one-time use** and **valid for 14 days**.

After your first unlock, you'll receive **5 additional invitation codes** every time the combined 14-day trading volume of **you and your direct referrals** reaches **\$5,000,000**.

Users who sign up using your invitation code also receive a **10% discount on trading fees**.

QFEX's 3-tier Referral System rewards you across multiple levels.

Your referral tier is determined by the combined rolling 14-day trading volume generated by you and your direct referrals.

| Partner Tier | Qualification                 | Level 1 | Level 2 | Level 3 |
| ------------ | ----------------------------- | :-----: | :-----: | :-----: |
| **Tier 1**   | Default                       | **10%** |  **2%** |  **1%** |
| **Tier 2**   | ≥ \$15M rolling 14-day volume | **20%** |  **4%** |  **2%** |
| **Tier 3**   | ≥ \$25M rolling 14-day volume | **30%** |  **6%** |  **3%** |

## Detailed Breakdown

### Level 1: Direct Referrals

Users who sign up using your invitation code.

Depending on your current referral tier, you earn **10% / 20% / 30%** of QFEX's net fee on every trade made by your Level 1 referrals.

Example: You refer Person B, who trades \$100,000 in a day.

* QFEX's Fee on Person B: \$100,000 × 0.1% = \$100
* Tier 1 Commission: \$10
* Tier 2 Commission: \$20
* Tier 3 Commission: \$30

### Level 2: Indirect Referrals

Users who sign up using the invitation codes of your Level 1 referrals.

Depending on your current referral tier, you earn **2% / 4% / 6%** of QFEX's net fee on every trade made by your Level 2 referrals.

Example: Person B refers Person C, who trades \$100,000 in a day.

* QFEX's Fee on Person C: \$100,000 × 0.1% = \$100
* Tier 1 Commission: \$2
* Tier 2 Commission: \$4
* Tier 3 Commission: \$6

### Level 3: Extended Referrals

Users who sign up using the invitation codes of your Level 2 referrals.

Depending on your current referral tier, you earn **1% / 2% / 3%** of QFEX's net fee on every trade made by your Level 3 referrals.

Example: Person C refers Person D, who trades \$100,000 in a day.

* QFEX's Fee on Person D: \$100,000 × 0.1% = \$100
* Tier 1 Commission: \$1
* Tier 2 Commission: \$2
* Tier 3 Commission: \$3

## Important Notes

* QFEX is currently invite-only. A valid invitation code is required to create a new account.
* Invitation codes are earned by active traders based on trading volume.
* Each invitation code is one-time use and expires 14 days after issuance.
* Users referred through your invitation code receive a 10% discount on trading fees.
* Your referral tier is determined by the combined rolling 14-day trading volume generated by you and your direct referrals.
* Commissions are based on QFEX’s net fee, adjusted for user discounts and promotions, so your share reflects the actual net fee collected.
* Referral rewards are uncapped.
* You must have completed onboarding to be eligible for referral scheme payouts.
* QFEX may modify, suspend, or terminate the Invite & Referral Program at any time.