Rules for the SWAPD Rewards – Referral Program
For a detailed understanding of the SWAPD Rewards rules, please refer to our Terms of Service. Below are the essential points:
- Commission Rate: SWAPD offers a 20–30% lifetime commission on platform fees generated from transactions completed by members you invite.
- Minimum Transaction Value: Only transactions with a value of $250 USD or more qualify for commissions.
- Payout Waiting Period: Commission requests may be made 48 hours after the qualifying transaction appears in your referral Earnings Feed.
- Payment Method: Commissions are generally paid in USDT unless SWAPD specifies another method.
- Rounding Off Amounts: Fractional amounts are rounded to the nearest dollar.
- Tax Information: Participants may be required to provide valid tax information before receiving payouts.
- Instant Deduction Option: If you’re directly involved in a transaction with an invited member, you can choose an immediate 20–30% discount on SWAPD fees instead of adding the amount to your Rewards balance.
- Cancellations and Chargebacks: Transactions canceled due to refunds, chargebacks, or other unforeseen events will result in adjustments or deductions from your Rewards balance. Negative balances may occur if your balance is zero.
- No Double Payouts: When both parties in a transaction were invited by you, it still counts as a single referral credit.
- Genuine Invites Only: Payouts will be denied if the invited member was manipulated, misled, or otherwise ineligible. Referrals must always be genuine.
- Payment Timeline: Payouts are processed within seven days of the request.
- Earnings Feed Adjustments: SWAPD reserves the right to modify, remove, or correct any transaction record in your Earnings Feed at any time, without prior notice or explanation.
Restrictions:
- If two different members invited the participants in a single transaction, each inviter will receive a 1% reward.
- Transactions where both participants were invited by the same member do not qualify for double rewards.