The world of crypto trading platforms is becoming increasingly competitive, leading many to roll out ambitious programs to attract new users. We’ve seen a variety of these schemes over the years—some generous, others less so. One recent example comes from Netcoins, a Canadian crypto trading platform that has launched a two-pronged approach with its new referral and affiliate programs. The goal, as stated by the company, is to “accelerate user growth and trading volume.”
These kinds of programs often promise:
- Cash rewards for both the referrer and the new user.
- Tiered incentives for affiliates that scale with performance.
- Automated payouts, sometimes with bonus multipliers to encourage engagement.
The strategy behind this is not complicated: by rewarding existing users and influencers for bringing in new business, platforms hope to create a community-driven growth model.
How These Programs Typically Work
A standard referral program is designed for individual users. A user shares a unique link with a friend. Once the friend signs up, completes the necessary identity verification (KYC), funds their account, and makes a qualifying trade (for example, a minimum of CAD 100), both parties receive a reward. In Netcoins’ case, this reward is CAD 25 each, though it’s noted this converts to a smaller amount in USD. There’s often no cap on how many people you can invite, allowing users to potentially stack up bonuses.
For those with a larger audience, such as content creators and influencers, the affiliate program offers a tiered reward structure. Instead of a flat fee, the payment per user increases based on the number of new sign-ups an affiliate generates in a given month. For instance, an affiliate might earn CAD 20 per user for 0-10 sign-ups, and up to CAD 40 per user for 21 or more. While the new user’s bonus is typically smaller, this system is a powerful marketing tool for the company.
Final Thoughts
While these programs can be attractive, it’s crucial to look beyond the marketing. A platform’s referral program, no matter how generous, doesn’t tell the whole story. Before trying any platform, it’s essential to do your own research. For example, a quick check of Netcoins’ Trustpilot rating (3.6 stars as of July 2025) and some of the negative reviews reveal potential issues that should be considered. These insights suggest that the user experience isn’t always as smooth as the marketing materials might suggest.
So, what do you think? Are CAD 25 and CAD 40 bonuses enough to make you pick Netcoins over another platform? Have you tried their dashboard?
Drop a comment below—let’s geek out about referral hacks, pros and cons, or anything in between.
Oh, and don’t forget to follow us on Facebook, Twitter, Pinterest or Instagram for future updates and affiliate news. Your next reward might just be one click away.
Sources
- www.globenewswire.com/news-release/2025/08/05/3127354/0/en/Netcoins-Launches-New-Referral-and-Affiliate-Program-to-Accelerate-User-Growth-and-Reward-Engagement.html
- www.netcoins.com/blog/refer-earn-repeat-netcoins-new-reward-programs-are-live
- www.morningstar.com/news/globe-newswire/9504984/netcoins-launches-new-referral-and-affiliate-program-to-accelerate-user-growth-and-reward-engagement
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