Buyback programme for Partners
The DACXI Coin will soon be listed on global exchanges. But until then, it’s not a tradeable currency. That’s why we offer a ‘buyback programme.’
Simply put, you earn your Partner bonus in DACXI coins, and should you wish, we buy them back for fiat.
You may cash out any amount of partner bonus coins. Please note that the minimum fiat withdrawal amount is 50 AUD, GBP, EUR.
How long do I have to cash out the buyback for Partner Bonus?
Customers and Partners will have 30 days to complete the buyback.
For example, the bonus coins allocated on 19/10/2020 will be valid for buyback until 18/11/2020. After that, the bonus coins will not be eligible for buyback and will be placed in your DACXI wallet in your exchange account.
How many coins can I sell for Buyback?
The percentage of your Partner Bonus eligible for buyback will change depending on which product the customer you referred has bought.
When you receive a partner bonus for a DAC Pack, 100% of the bonus coins received are eligible for buyback.
When you receive a partner bonus for a Bundle (Blue Chip or Precious Metals), 50% of the bonus coins received are eligible for buyback.
The bonus is calculated based on the date the coins are allocated to the customer.
PURCHASE |
BUYBACK ELIGIBILITY |
DAC Pack |
100% bonus DACXI coins eligible for buyback |
Blue Chip Bundle |
50% bonus DACXI coins eligible for buyback |
Precious Metals Bundle |
50% bonus DACXI coins eligible for buyback |
- All customer referral bounties and Partner bonuses will be eligible for buyback
- Contact bounties will not be eligible for buyback.
- For example, the Customer or Partner referred a Contact (user who signs up, verifies the account, and does not make a purchase) and received 500 DACXI coins as a Contact referral bonus – these 500 DACXI coins will not be eligible for buyback.
- For example, the Customer or Partner referred a Contact (user who signs up, verifies the account, and does not make a purchase) and received 500 DACXI coins as a Contact referral bonus – these 500 DACXI coins will not be eligible for buyback.
How do I sell the coins eligible for Buyback?
Step 1 – Go to your Partners Dashboard in the exchange account.
Step 2 – In the Buyback section, the eligible buyback coins information will be available.
Step 3 – Enter the number of coins you want to sell and click on the “Buyback” button to complete the process.
Step 4 – You will get equivalent fiat allocated instantly to your fiat wallet. From there, you can use those funds to purchase programmes, individual coins, tokens, or withdraw to your bank account.
Important: The cash buyback applies to Australian, EU and, the UK registered accounts only. If you are based elsewhere, cash cannot be paid, but don’t worry – Bitcoin will be paid instead.
Remember, your bonus has already been paid in DACXI Coins. The buyback programme is simply an offer for the cash equivalent. If you choose not to sell your coins, you’ll still have the DACXI Coins in your exchange wallet – ready and waiting to help you build your crypto wealth.
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