Coinberry Referral Bonus Program
Program Effective Date |
Program Expiry | Bonus Amount | Minimum Trade Amount |
October 31, 2018 | October 31, 2021 | $20 | $50 |
November 1, 2021 | November 30, 2021 | $40 | $50 |
December 1, 2021 | February 7th 2022 | $30 | $50 |
February 07th 2022 | March 31st 2022 | $50 | $50 |
April 1st 2022 | TBD | $30 | $50 |
Definition:
- Referrer: Coinberry Account holder who is referring a new client.
- Referee: New Client who is using the referral link to open a Coinberry Account.
- ** Note that the active referral bonus rate and the minimum trade amount will be displayed on the website and can also be found in the table above.
Referrer's Questions
1. Who can I refer to open a Coinberry account?
You can refer friends and family who aren’t an existing Coinberry account holder, and haven’t already started the account sign-up process or previously had an account with Coinberry.
2. How do I make a referral?
Login to your Coinberry account and click on “Invite friends and earn $30” to find your unique referral link. In order to qualify for a referral bonus, you must provide your unique referral link to the recipient and they must use your unique link to open their Coinberry account and must trade at least $50. Trade must be valued at $50 or more in one trade (i.e. two consecutive trades of $25 will not count).
3. My friend is already a Coinberry client, but I was the one who told them about Coinberry. Can I still get a referral bonus?
Unfortunately, no. In order to qualify for the Referral Program, your friend must have signed up to Coinberry using your unique referral link.
4. How will I receive my referral bonus?
Your referral bonus will be paid after the referee has successfully opened the account using your referral link and traded at least $50 into their account. The referral bonus will be deposited directly into your account, typically by the next business day.
5. How long is my referral link valid for?
Your unique referral link doesn’t expire. However, in order for both individuals to receive their referral bonus, the referee must successfully open an account and complete a trade of at least $50**.
6. How many friends can I refer?
The more friends you refer, the more you can earn! For every successful referral who signs up with your unique link, and trades at least $50**, you can earn a referral bonus. Refer to the chart below:
7. What do I need to do to qualify for the referral bonus?
If you’re already a client, you can sign in to your Coinberry account and click on Invite friends and earn $30 to find your unique referral link.
The referee must use your unique link to open their Coinberry account, and trade at least $50, in order to qualify for the referral bonus. Once the referee has traded in their account, the bonus will be credited to your account, typically by the next business day.
8. How can I confirm if I have received my referral bonus?
Your referral bonus will be paid after the referee has opened the account successfully and traded at least $50 into their new account. The referral bonus will be deposited directly into your account, typically by the next business day.
As the referrer, you can view the status of your sent invitations from your account dashboard, and select “Referrals”.
Your referral activity will appear by clicking on ‘view all referral activity’ on the referral page.
9. Can I withdraw my referral bonus to my bank account?
Yes, you may withdraw the referral bonus if you have:
- Funded your account: The referral bonus is a trading credit and does not count towards the funding of your account. Your account must be funded in order for you to complete a withdrawal. You may fund your account with CAD or Crypto.
- Completed a trade: Purchase BTC or ETH (or any crypto of your choice) with Canadian Dollars. Trade must be valued at $50 or more in one trade (i.e. two consecutive trades of $25 will not count).
- Withdraw more than the minimum: The minimum withdrawal for CAD and Crypto amounts are stated on our fees page.
10. Why did I not receive my referral bonus?
A referral bonus for every referral is not guaranteed. There are some limitations and exclusions which are outlined below.
- Referred customer did not meet the qualification requirements to successfully open the account
- Referred customer did not trade at least $50
- Referred customer did not sign up with your referral link
- The referral customer is a duplicate or a fake account
- Dormant referrals
Note: To protect the privacy of the referee, we are not able to disclose the specific reason. It is up to the referrer to confirm the reason directly with the referee.
This referral program cannot be combined with other promotions and is not available to Quebec residents.
11. Why do I still see a different referral bonus offer in my mobile application?
If you are not using the latest mobile application, you will not see the most updated referral bonus. Whenever we make a change to the referral bonus amount we upload a new version of the application to the Google Play and Apple App stores. You will continue to see an older offer unless you upgrade to the latest version of the application.
Note: The calculations of the referral bonus will use the current referral bonus amount rate displayed on the website as your bonus per referral, but you will see $30 in your mobile application until you upgrade. To confirm the rate that should have been received see the table at the bottom of this article.
Referee's Questions
1. If I was referred by more than one person, can I qualify for more than one referral bonus?
No. You can only accept one referral offer by signing up through that person’s unique referral link.
2. I opened a Coinberry Account without using my friend’s referral invitation. Can I still get my bonus?
Unfortunately, no. The referral bonus is only applicable for accounts opened using a unique referral link.
3. What do I need to do to qualify for the referral bonus?
If you’re a new client, please ensure you sign up through the correct referral link in order to qualify for the referral bonus. You must trade at least $50 and the bonus will be credited to your Coinberry account, typically by the next business day.
4. Do I need a referral code in order to accept my invitation?
No, you do not. In order to accept an invitation from a friend, simply click on the unique link in the invitation. Clicking on the referral link will automatically open the 'Sign Up' page and the referral code will be tied with your application.
Referral Bonus Terms & Conditions
1. Referral Bonus will be paid for referrals that result in a New Client. A “New Client” means a Referee who:
- Successfully opens a Coinberry Account, using a valid Referral Link; and
- Trades at least $50**
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- ** Note that the minimum trade amount will be displayed on the website and can also be found in the table above.
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2. For clarity, a New Client does not include any person who had a Coinberry Account prior to the referral.
3. The Referral Bonus will be calculated as follows:
4. Bonus paid to Referees
- The current referral bonus amount rate will be paid out when they become a New Client. The current referral bonus amount rate will be displayed on the website, as well as on the table above.
- The Referral Bonus will be credited to the Referrer’s Coinberry Account and to the New Client’s Coinberry Account following the New Client satisfying the conditions.
Canada’s Anti-Spam Legislation (CASL)
The Referrer acknowledges that they are subject to Canada’s Anti-Spam Legislation (CASL) and agrees that they will only send one email or text message to each Referee relating to the Referral Program. The Referrer is responsible for familiarizing themselves with their obligations under CASL and conducting themselves accordingly.
Taxes
The Referrer acknowledges that they are responsible for any obligations relating to tax reporting that arise from payments made to them under the Program.
Protection of Personal Information
By participating in the Program, each Referrer and Referee consents to the collection, use, disclosure, and retention of their personal information for the purposes of administering the Program and Referral Bonus fulfilment. It is further acknowledged that the Referrer will have access to the status of any referral, including the making of any minimum deposit by the Referee, and the Referrer agrees to keep information relating to the status of a referral confidential. For details on what information is collected, used and stored please refer to our privacy policy for further details.
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