What is the Netcoins Referral Program?
The Netcoins Referral Program rewards new users who sign up using a valid referral code or link with a fixed lump sum reward, credited in CAD balance.
Who can participate in the Referral Program?
Canadian residents who are new to Netcoins, of legal age in their province/territory, and complete KYC verification are eligible. Quebec residents are limited to fixed rewards.
How does the referral reward work?
- Fixed Lump Sum Promotion: Both new user and referrer receive a fixed CAD reward (e.g., $15).
What are the eligibility requirements for a referral reward?
New users must:
- Be Canadian residents.
- Have no prior Netcoins accounts.
- Complete KYC verification.
- Fund their account with $100 CAD and trade $100 CAD within 7 days of registration (unless otherwise stated).
What rewards do referrers receive?
Referrers receive a fixed CAD lump sum as defined by the active promotion.
Can I participate without making a deposit or trade?
Yes, you can enter without a purchase by emailing a 100-word essay to referralcontest@netcoins.ca with your details. Limit one submission per person.
What should the no-purchase essay include?
The essay must be 100 words, handwritten or typed (non-AI-generated), on “Why I want to join and use Netcoins,” and include your full name, mailing address, phone number, and email.
How long does the no-purchase entry process take?
Submissions are reviewed within 90 days from the date the email is received.
When will I receive my referral reward?
Rewards are credited to your Netcoins CAD balance within 3 business days after eligibility is confirmed, with an email notification sent.
Are rewards paid in cryptocurrency?
No, all rewards are credited in CAD balance, not cryptocurrency.
What happens if I don’t meet the $100 funding or trading requirement?
You won’t be eligible for the referral reward unless you use the no-purchase entry option and meet its requirements.
Can I refer myself or create multiple accounts?
No, self-referrals, duplicate accounts, or fraudulent activities are prohibited and result in disqualification.
Are referral rewards taxable?
Rewards may be subject to tax reporting obligations. Consult a tax professional for guidance.
How do I know the specific terms of a promotion?
Each promotion has unique terms. Review the full terms provided at signup or in the Netcoins dashboard.
Can Netcoins change or end the Referral Program?
Yes, Netcoins may modify, suspend, or terminate the program at any time.
Is the Referral Program ongoing?
The program is ongoing, but specific promotions may have defined start and end dates. Check the terms at signup.
Who do I contact for questions about the Referral Program?
Email support@netcoins.ca or visit the Referral Program section in your Netcoins dashboard.
What’s the difference between the referral program and the affiliate program?
The referral program is for everyday users who want to invite friends and earn a small bonus. The affiliate program is for creators, influencers, and businesses looking to earn commission through ongoing promotion and performance-based tiers.
How will I know when my friend has completed the requirements?
Once your referred friend completes verification, funds their account, and trades the minimum amount, both of you will receive an email confirming your account has been credited.
Is there a limit to how many friends I can refer?
Nope! You can refer an unlimited number of people. Each successful referral that meets the criteria will earn you a new reward.
Can I refer someone if I live outside Canada?
No, only Canadian residents are eligible to participate in the Referral Program at this time.
Can I use my referral link on social media?
Yes, absolutely. You’re welcome to share your referral link on your social media profiles, personal blog, or with friends and family, just be sure to follow all applicable platform rules.
What happens if my friend forgets to use my referral link?
Unfortunately, rewards are only issued if your friend signs up using your unique referral link. Make sure they click your link and complete the signup directly from there.