Overview
Cedar’s referral program offers rewards at different stages of the process, both for you and your referral. However, rewards are conditional on the completion of specific milestones such as the Know Your Business (KYB) process and the first eligible transaction. If these milestones are not completed, the associated rewards will not be granted.
Key Points:
KYB Completion
If your referral does not complete the KYB process within 3 months, neither you nor your referral will receive the KYB-related reward.
If your referral successfully completes the KYB process, both you and your referral will earn the KYB reward.
First Transaction
There are rewards tied to your referral's first eligible transaction.
If they do not complete a transaction over $10,000 USD, the rewards tied to this transaction milestone will not be granted.
Aggregated Transaction Volume
Additional rewards may be earned based on the aggregated transaction volume of your referral. If the total volume doesn’t meet the required threshold, rewards associated with that milestone will not be granted.
Summary
Each step in the process—completing KYB, making the first eligible transaction, and reaching transaction volume milestones—is an opportunity for both you and your referral to earn rewards. If a referral fails to complete any of these steps within the required timeframe or conditions, the related rewards will not be granted.
For any questions or assistance, please feel free to contact us at support@cedar.money.