Earn $50 in Cash for Every Referral

Written by
Nate Punzalan
Published on
November 5, 2024
Earn $50 in Cash for Every Referral

At Parallax, we’re all about helping you reach global financial freedom—and there’s no better way to grow our community than with the support of our valued users. That’s why we’re thrilled to announce a brand new, limited-time offer in our referral program that rewards you even more for spreading the word!

Until November 15, we’re boosting our referral rewards:

  • $50 for every friend you refer who deposits $500 or more.
  • $25 for your friend as a bonus when they reach the $500 threshold.

This is our biggest referral reward yet, and it’s a limited-time promo! After November 15, referral rewards will be lower, and we recommend checking the app for the latest rates, as they may change over time or during special promotions. Click here to try it out!

How It Works

Our new referral program now operates with Deposit Bonuses rather than Parallax Credits. Deposit Bonuses are cash rewards that can be withdrawn directly, so it’s real money—not just fee discounts! Here’s how to get started:

Step-by-Step Referral Flow

  1. Get your referral link: Log into the Parallax app and grab your unique referral link from your dashboard.
  2. Share with friends: Send the link to friends who may benefit from Parallax. They can use the link to sign up directly.
  3. Your friend signs up and deposits $500: Once your friend reaches a total deposit of $500 or more, the reward is unlocked.
  4. Receive your bonuses:
  • You will receive a $50 bonus on your next deposit.
  • Your friend will get $25 as a bonus alongside their next deposit, after they reach the $500 threshold.

Note: Your friend’s $25 bonus does not accompany their first $500 deposit—it only appears as a bonus on the deposit made after the $500 milestone.

Important Program Terms

We want to keep this referral program fair for everyone, so we have a few guidelines in place:

  • Intended for genuine referrals: This program is meant to help introduce Parallax to real users who will genuinely benefit from our services. We reserve the right to withhold rewards from accounts that appear to be created solely to take advantage of the program. This includes:
    • Recycling funds between new accounts just to trigger rewards.
    • Creating accounts with fake or unverifiable identities.
    • Registering people who do not intend to use Parallax actively.

We aim to make the referral program a positive experience for all and ask that users participate with this spirit in mind. Click here to get started.

What will happen to my Parallax Credits?

If you already have Parallax Credits, they will continue to work as usual, automatically applying to your transactions to reduce fees and help you save with each withdrawal.

Join Our Upcoming Ambassador Program!

We’re also excited to announce that we’re working on an Ambassador Program! If you’re a loyal Parallax user and have a community or audience that would benefit from our platform, reach out to us! Our ambassadors will have access to special referral rewards that stay at premium levels (such as $50 and $25 bonuses) even when the public rewards change.

Interested in learning more? Drop us a line at nate@withparallax.com to explore Ambassador Program opportunities.

Thank you for being part of the Parallax journey! Let’s keep building financial freedom together.

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