Buythorchain
Ever want to run your own exchange?โ
Now you can earn up to 100% of the fees charged at Buythorchain.com by sharing an affiliate link. Buythorchain.com is a fully client-side app so hereโs how it works:โ
- To create an affiliate link you will first need a thorchain address which you can create on the site:
How it worksโ
1. You create and share your affiliate link.โ
- Go to https://buythorchain.com/#/affiliate. When opened, this affiliate link will be cached in the userโs browser.
2. A user makes a swapโ
3. The Thorchain network converts the fee to $RUNE and sends it to your address. (no trust required)โ
In order to send Rune to your address, the fees must first be converted by the network. If the amount of money swapped is too small, it will be swallowed by the network because it will be unable to pay for the conversion.
Crypto Karma: Recruiting other affiliatesโ
In addition to swap fees, you can earn a percentage of fees after signing up additional affiliates.
- A user will sign up on the affiliate page and the application will recognize that they themselves have been referred by another affiliate.
- When the new affiliate shares their link, any fees earned from a swap will follow the 20/80 split.
- 20% of the fees go to the TopTier affiliate.
- 80% of the fees go to you.
- The new affiliate will have an 80% chance of earning the old affiliates swap fee.
- Once a user makes a swap, a random number is generated by the client. This random number is used to decide which affiliate will get the swap.
- Over time, due to the law of large numbers the fees earned will tend towards a predictable percentage over a large number of swaps.
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Is this a pyramid scheme?โ
No, a pyramid scheme is a scam where members recruit newer members to pay upfront fees. There is no upfront cost to become an affiliate. Anyone who tells you otherwise is indeed a scammer. Also, anyone can become a top tier affiliate for free. The affiliates at the lower tier have a very high chance of earning swap fees.
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How do I make sure Iโm a top tier affiliate?โ
Buythorchain.com is purely client-side.
- All affiliate information is stored in your browser, so you can clear any affiliate information by clearing your cache.
- With that said, please consider keeping the affiliate information to pay gratitude to the affiliate who brought you to this site.
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BUYTHORCHAIN.COM reserves the right to amend or withdraw this article and/or the terms of our Affiliate Program at any time and for any reason, without prior notice.
BUYTHORCHAIN.COM may adjust the proportion of referrals at any point and reserves the right to adjust the rules of the referral program.