Referral levels in the context of an investment platform usually refer to a system where users can earn rewards or benefits by referring others to the platform. Here's an explanation of how referral levels work:
User Signs Up:
A user, let's call them User A, signs up on the investment platform.
Referral Link:
User A is provided with a unique referral link or code associated with their account.
Referral Invitation:
User A shares this referral link or code with friends, family, or others who might be interested in joining the platform.
First Level Referral:
When someone (User B) signs up using User A's referral link, User A earns a referral reward. This is typically a one-time bonus or a percentage of the referred user's initial investment.
Second Level Referral:
If User B, in turn, refers someone else (User C), User A may also earn rewards, but this is often at a lower rate compared to the first-level referral. This constitutes the second level.
Tiered Rewards:
The rewards at each level may differ. For example, the first level might offer the highest percentage or fixed amount, and subsequent levels gradually decrease.