# Referrals

### How do I use a referral code?

You can add a referral code via our referral page or by using a friend's referral link. You will benefit from fee discounts as determined by the Tier of your referrer, starting at a minimum 5% fee discount. 

### How do I participate in Bloom's referral program?

To create a referral code on Bloom, navigate to our [referral page](https://www.bloom.trading/referral) and click "Create link." Next, type in a unique referral ID. Note that you may only create one link for your wallet and that the ID cannot be changed after creation.

<figure><img src="/files/F2eUtguNvRaK9tAbMrnR" alt=""><figcaption></figcaption></figure>

### How do referral earnings work?

Our referral tiers determine the fee rebates earned by the referrer, as well as trading fee discounts that referred traders receive. You can level up your tier by completing the following: (1) increasing the number of active traders referred, and (2) increasing total fees generated by your referred traders. See tier system below:

| Tier | Traders Referred             | Total Trading Fees                  | Rebates / Discount                |
| ---- | ---------------------------- | ----------------------------------- | --------------------------------- |
| 1    | <5 active traders referred   | <$50k in total referred fees        | 5% fee rebate / 5% fee discount   |
| 2    | <25 active traders referred  | $50k - $150k in total referred fees | 10% fee rebate / 10% fee discount |
| 3    | >=25 active traders referred | >$150k in total referred fees       | 15% fee rebate / 15% fee discount |


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