Cryptocurrency Q&A What is a referral commission fee?

What is a referral commission fee?

Nicola Nicola Sun Dec 15 2024 | 7 answers 1850
I'm trying to understand what a referral commission fee is. Could someone explain it to me in simple terms? I'm especially interested in how it works and what its purpose is. What is a referral commission fee?

7 answers

OpalSolitude OpalSolitude Mon Dec 16 2024
A referral fee serves as a commission for individuals who successfully introduce new clients to a business.

Was this helpful?

250
44
KpopStarletShine KpopStarletShine Mon Dec 16 2024
Real estate agents often receive referral fees for introducing potential buyers or sellers to each other.

Was this helpful?

219
24
Lorenzo Lorenzo Mon Dec 16 2024
This type of fee is also commonly referred to as a finder's fee.

Was this helpful?

313
42
CryptoTitaness CryptoTitaness Mon Dec 16 2024
Retail businesses may also offer referral fees to customers who bring in new shoppers.

Was this helpful?

47
63
Alessandra Alessandra Mon Dec 16 2024
BTCC, a top cryptocurrency exchange, provides a range of services including spot trading, futures trading, and digital wallets.

Was this helpful?

341
77
Load 5 more related questions

|Topics at Cryptocurrency Q&A

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

The World's Leading Crypto Trading Platform

Get my welcome gifts