For the complete documentation index, see llms.txt. This page is also available as Markdown.
Referral
Invite friends to PUNCH.WIN and earn a share of their trading fees, with no set end date. The friends you invite get a discount on their own trading fees, too.
Referral rewards, discounts, and balances are all in USD (ONEUSD).
What you get
Who
Benefit
You (referrer), direct invites
40% of the trading fees your direct invitees pay
You (referrer), second level
10% of the trading fees their invitees pay
Your friend (referee)
10% off their trading fees
Two levels: people you invite directly (Level 1), and the people they invite (Level 2).
No time limit and no cap. Invite as many people as you like and keep earning as long as they trade.
Everyone earns at the same rates.
Your network. See each referee's level, volume, fees paid, and the rewards they earn you.
Example
If someone you invited pays 10 USD in fees on a trade:
Their 10% referee discount brings it to 9 USD actually paid.
You earn 40% → 3.6 USD as their Level 1 referrer.
If instead they were invited by one of your invitees, you'd earn 10% → 0.9 USD at Level 2.
Create your referral code
You need at least 10 ONEUSD in cumulative trading volume to create a code (this keeps bots from grabbing names).
Choose your code: 4–16 characters, letters (A–Z) and numbers (0–9). It's not case-sensitive, so kimchi and KIMCHI are the same code.
Your code is unique across PUNCH.WIN, one per wallet, and can't be changed later, so pick carefully.
A few names are reserved (anything that impersonates the team or brand, or looks like an official promotion) and can't be used.
Share it. Copy your code, share your link (punch.win/r/{your-code}, which fills the code in automatically), show a QR, or post to X.
Your code, link, QR, and Share on X, plus your traders referred, lifetime earnings, and claimable rewards.
Register a friend's code
Registering a code is how you become someone's referee and start your 10% discount.
Open your friend's referral link (the code fills in automatically), or click Enter Code and type it in.
Confirm to register.
Enter a code to get 10% off fees. One code per account, and it can't be changed later.
Key rules:
One code per wallet, and it's permanent. You can't change or remove your referrer once it's set.
You can't register your own code, and circular referrals aren't allowed (you can't register a code from someone in your own downline).
Your 10% discount starts immediately and applies to trades after you register. It isn't applied to fees you paid before.
While active, your discount is shown as: Referred by {code} | 10% fee discount.
Once you meet the code-creation requirement, you can also make your own code and start inviting others.
Rewards & claiming
Rewards come from the fees your invitees actually pay when they trade. A referee who never trades earns you nothing.
They accrue in real time; your dashboard updates as your invitees trade. You can see your balance and history split by Level 1 and Level 2.
Claim once your balance reaches 10 ONEUSD.
Claims pay your full balance to your platform balance, instantly and with no fee.
Rewards that have already been earned are never reversed.
The current rates, discount, and duration are the current program terms and may change. Any change applies only to trades after the change. Rewards already earned or paid are never affected.
