Netcoins Referral Program
Last Updated: July 1st, 2025
The Netcoins Referral Program ("Program") rewards new users who sign up with a valid referral code or link, either from another user or directly from a Netcoins Canada (Netcoins Inc.) promotion.
Depending on the code used at signup, participants may be eligible for either:
- A randomized prize (up to $1,000 CAD), or
- A fixed lump sum reward,
All rewards are credited to the participants' CAD balance, not cryptocurrency.
How Does the Program Work?
When you sign up for Netcoins using an eligible referral link or code, you’ll receive a reward once you meet the referral criteria.
There are two types of referral promotions:
1. Variable Prize Contest
If the referral code qualifies for a variable prize, only the new user is eligible for a random CAD reward between $5 and $1,000.
A secure, auditable randomization process determines the value. While there are no fixed prize tiers, higher-value prizes occur less frequently, and the average awarded prize is expected to be around $17 CAD.
The referring user, if applicable, receives a fixed CAD reward as defined by the current promotion.
Quebec residents who sign up using a variable prize code are not eligible for the randomized prize. Instead, upon meeting all referral criteria, they receive a fixed reward of $20 CAD.
2. Fixed Lump Sum Promotion
Both the new user and the referrer receive a fixed CAD reward (e.g., $25), as defined by the applicable promotion.
In either case, eligibility requirements must be met before any rewards are issued.
Who Is Eligible?
To receive a referral reward, the new user must:
Be a Canadian citizen or permanent resident (Quebec residents are eligible for fixed rewards only).
Be new to Netcoins (no prior or duplicate accounts).
Be the age of majority in their province or territory.
Complete identity verification (KYC) and remain in good standing with Netcoins Canada.
Fund their account with a minimum of $100 CAD within 7 days of registering.
Trade at least $100 CAD on the platform within 7 days of registration, unless otherwise stated.
Eligibility criteria may vary by promotion, and Netcoins retains the sole discretion to determine whether a user has fulfilled all of the requirements.
What Can I Win?
If you use a variable prize code, you may receive a random reward between $5 and $1,000 CAD, credited to your Netcoins CAD balance.
The randomized algorithm determines the prize value. Higher prizes occur less frequently, and the average prize is approximately $15 CAD.
Referrers (if applicable) receive a fixed reward as defined by the promotion.
Quebec residents using a variable prize code will instead receive $20 CAD.
No Purchase Necessary
To enter without making a deposit:
Email the following to: referralcontest@netcoins.ca
Full name
Mailing address
Phone number
Email address
A handwritten or typed (non-AI-generated) unique 100-word essay titled:
"Why I want to join and use Netcoins"
Submissions will be reviewed for eligibility. Processing may take up to 90 days.
Limit: One no-purchase submission per person. You must have a verified Netcoins account in good standing.
How and When Will I Get My Reward?
After meeting the eligibility criteria, Netcoins will review your account activity to verify compliance with the promotion.
If approved, the reward is usually credited to your Netcoins CAD balance within 10 business days.
You will receive email confirmation once your reward is issued.
Skill Testing Requirement
To comply with Canadian law, Netcoins may require recipients of a variable prize to correctly answer a skill-testing question (unaided and within a time limit) before the prize is awarded.
Other Key Rules
All rewards are issued in CAD, not cryptocurrency.
Only new users can receive a variable prize. Referrers receive a fixed reward.
Users referred directly by Netcoins (e.g., through ads) qualify under the same structure as user-to-user referrals.
Each promotion may have unique terms—please review them when signing up.
Netcoins may modify, suspend, or terminate promotions at any time before a user qualifies.
Once eligibility is confirmed, Netcoins will honour the promotion’s terms, unless disqualified for fraud or violation.
Netcoins reserves the right to deny or reverse rewards if misuse, fraud, or eligibility violations are detected.
All inquiries or disputes must be submitted within 60 days of the end of the applicable promotion.
These terms are governed by the laws of British Columbia and the federal laws of Canada.
Questions?
Contact us at support@netcoins.ca
or visit the Referral Program section in your Netcoins dashboard.