If you are an Upstox user, you must capitalize on the Upstox Refer and Earn program. Many Upstx users have already started earning some extra income by using the program. In this post, I will explain everything that you will need to know about the Upstox Refer and Earn program.
Upstox Refer and Earn: How it Works
Upstox Refer and Earn is an excellent way of earning some additional income apart from trading and investing on the platform. Earning through this program is pretty simple since you only have to share your Upstox referral link with your friends. As any of your friends open an Upstox account through your link, you will receive a reward amount. Isn't it interesting?
Upstox Refer and Earn: Benefits
The next question that should cross your mind at the moment is what benefits the program comes with. You can earn up to ₹500 with the Upstox Refer and Earn program, and sometimes, the program allows you to earn from brokerage sharing. That way, you can have some good amount in your Upstox account as you refer the platform to more and more friends.
Upstox Refer and Earn: How to Get the Referral Link & Share
To get your Upstox Referral link, you must first log into your Upstox account. You can do it on the web app or the Upstox mobile app. Once logged in, you must get to the Refer and Earn section. Once you have the referral link, you can share it with your friends through WhatsApp and other social media and messaging apps.
Upstox Refer and Earn: Limit
Before you start sharing your referral link with your friends, you must know the referral limit. The platform considers the first ten successful referrals per month.
Upstox Refer and Earn: Terms and Conditions
Upstox Refer and Earn is undoubtedly a very straightforward refer and earn program. However, you will need to put some effort into convincing your friends to open an account with this platform through your referral link. Hence, it's essential to ensure that your effort does go in vain. That's why you need to be thorough with the terms and conditions of the referral program.
Here are the terms and conditions of the Upstox Refer and Earn program:
- The referral will be only considered valid if a friend you shared the referral link signs up within seven days from the day of sharing the link.
- If anyone signs up using your link after seven days from the date of sharing the link, he/she will not be mapped under you.
- The Reward depends on the active offer when your invited friend successfully completes the signup process.
- Even if you have more than ten successful referrals in a month, only the first ten successful referrals will be considered valid for rewards.
- Rewards will be added to your account within seven days of signing up with the link.
- If there is a brokerage sharing offer active when you share the link, you will only be eligible if your friend places a trade within 30 days of signing up with the link.
Upstox Refer and Earn: Checking Referral Amount & Withdrawal
You can find your referral amount in the Refer and Earn section under Rewards. Besides, you will see the option “Withdraw Rewards” at the bottom to withdraw any desired amount from the Rewards anytime.
Why Should Your Friends Use Your Referral Link?
It's quite likely to be asked by a friend as to why one should use your referral link. There are actually many benefits of signing up with a referral link. First, you will use and refer a trading platform to your friend when you are totally convinced with the platform. It will save them some time since they will not have to research on their own to find the best trading platform.
Besides, using your referral link, they can support you financially without having to help you directly. Most importantly, Upstox is a reliable online broker, and signing up with Upstox is absolutely free. It can be a crucial step towards trading and investing for anyone who signs up using it.
You may also like: Demat Account Refer and Earn.
Conclusion
Upstox Refer and Earn program is a great way to earn some extra amount every month. I have walked you through the various aspects of the program. After reading the post, you should now have a clear understanding of how it works. Another way of looking at it is a way of helping your friend find a reliable trading and investment platform.
