> For the complete documentation index, see [llms.txt](https://polycop.gitbook.io/docs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://polycop.gitbook.io/docs/fees-and-referrals/referrals.md).

# Referrals

Invite friends to PolyCop and earn passive rewards every time they trade. Track your earnings, monitor your referral network, and grow your income — all from one place.

## **How it Works**

PolyCop uses a **2-level referral system**:

| **Level**   | **Who**                      | **Your Reward**              |
| ----------- | ---------------------------- | ---------------------------- |
| **Level 1** | People you invite directly   | **25%** of the fees they pay |
| **Level 2** | People your referrals invite | **3%** of the fees they pay  |

## **Getting Started**

{% stepper %}
{% step %}

#### 1. Open the Referrals Page

Type `/referrals` in the PolyCop Bot chat, or access it from the main menu.

<figure><img src="https://932293051-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F6RH958mIbJRqog5izKje%2Fuploads%2Fgit-blob-7fb02eadd674df4f27a083fcbe2b26017e9f7b77%2Fimage%20(9).png?alt=media" alt="" width="563"><figcaption></figcaption></figure>
{% endstep %}

{% step %}

#### 2. Copy Your Referral Link

Your personal referral link is displayed at the bottom of the page. Tap it to copy and share it with friends, your community, or on social media.&#x20;

You can also update your own referral code. For more details, see [Change Referral Code](https://app.gitbook.com/o/ju5TX3kfy1dQBiMDBn9v/s/6RH958mIbJRqog5izKje/~/edit/~/changes/31/fees-and-referrals/referrals#change-your-referral-code).

`https://t.me/PolyCop_BOT?start=ref_yourcode`
{% endstep %}

{% step %}

#### Share & Earn

Once someone signs up using your link and starts trading, you'll automatically start earning a share of their fees.
{% endstep %}
{% endstepper %}

## **Your Referral Stats**

Your stats are **updated every 30 minutes**. Here's what each field means:

| Field              | What it means                                              |
| ------------------ | ---------------------------------------------------------- |
| **Users Referred** | Total number of people you've referred (direct + indirect) |
| **Total Rewards**  | All rewards you've earned so far                           |
| **Total Paid**     | Rewards that have already been sent to your wallet         |
| **Total Unpaid**   | Rewards that are pending payout                            |

## **Payouts**

* Rewards are **paid out** **daily** at approximately 8:00 UTC and sent directly to your Polymarket Profile address. Due to network conditions, payouts may occasionally be delayed by 10 minutes or more — please be patient.
* You must have at least **$10 in unpaid rewards** to be eligible for a payout.
* PolyCop's fee is only deducted once users' accumulated trading volume reaches $600. This means you won't see any commissions when users first start trading — they will appear once their volume threshold is reached. For more details, see [Fees](https://polycop.gitbook.io/docs/fees-and-referrals/pages/x5Q3GrJeCDwPa2HP7QOu#id-1.-transaction-fees-the-lowest-in-the-market).
* Rewards are paid in **pUSD**.

> ⚠️ If your unpaid balance is below $10, your rewards will carry over until the threshold is reached.

## **Change Your Referral Code**

Want a custom referral code? You can change it anytime:

1. Open `/referrals`
2. Tap **Change Referral Code**
3. Enter your desired code when prompted