Upctox Referral Policy
- At Upctox, we appreciate our customers' efforts to spread the word about our services. Our referral program is designed to reward you for inviting new users to join the Upctox community. Please carefully review the following terms and conditions before participating in our referral program.
1 Eligibility
- The referral program is open to all registered users of Upctox.
- The referred individual must be a new user who has not previously registered or used any of Upctox's services.
2. How the Referral Program Works
- Registered users (referrers) will be provided with a unique referral link or code to share with friends, family, or others interested in joining Upctox.
- When a referred user signs up using the referrer’s link or code and successfully completes their first deposit or transaction, both the referrer and the referred user will receive rewards as described in this policy.
- If the referred users submit a contract (either 14 days, 21 days, or premium), the user who invited them will earn UGX 100,000.
3. Referral Rewards
- The reward amount for the referrer will be 10% of the referred user’s first deposit, credited to the referrer’s Upctox account.
- The referred user will also receive a 5% bonus on their first deposit when signing up through a referral.
- Referral rewards will be credited within 48 hours after the referred user’s first transaction is verified as complete.
4. Inviting Users Without Internet Access or Smartphones
- If the user invites others who do not have access to the Internet or a smartphone, the invited user must verify their identity by providing any government-issued ID.
- Acceptable government-issued IDs include:
- Passport
- National ID
- Driving License
- Voter’s Slip
- This is to confirm that the inviter is not inviting themselves, which violates our terms of service.
- If the user fails to verify their identity, they will need to submit a contract directly, with a minimum contract submission amount of UGX 150,000.
- Referrers can still invite users without a government-issued ID, but those users must submit a contract directly. However, when it comes to biometric updates, all Upctox users are required to verify their identity.
5. Referral Limits
- There is no limit to the number of people you can refer to Upctox.
- Rewards will only be provided for successful referrals, i.e., when the referred individual makes a valid deposit or completes a transaction.
6. Restrictions
- Self-referrals or referrals between multiple accounts owned by the same individual are not allowed. Such actions will result in the cancellation of rewards.
- Referral rewards will not be issued for fraudulent accounts or accounts created with false information.
- Upctox reserves the right to disqualify referrals or participants who attempt to abuse or manipulate the referral system.
7. Program Integrity
- Referrals must be genuine and involve personal communication. The referral program should not be used for mass promotion or spamming.
8. Referral Fraud and Violations
- Any attempts to exploit the referral program, including creating fake accounts, providing false information, or engaging in fraudulent activity, will lead to the forfeiture of rewards and possible suspension or termination of the user’s Upctox account.
- Upctox regularly monitors accounts for referral fraud and reserves the right to investigate suspicious activity.
9. Modification of Terms
- Upctox reserves the right to modify, pause, or cancel the referral program at any time without prior notice.
- Changes to the referral program will be communicated through official Upctox channels such as email or dashboard notifications.
10. General Terms
- Participation in the referral program is subject to Upctox's general Terms of Service and policies.
- Any disputes or concerns regarding the referral program will be addressed in accordance with Upctox's dispute resolution policies.
