Cryptocurrency trading involves risk. Prices may be volatile. Trade responsibly. Read our security notes

Referral rewards from trading fees

Referrals 2 min readLast updated

How do I earn from a friend's trading on Lovely Legends?

When someone you referred pays a trading fee, half of that fee is credited to you as a referral reward, converted to LF at the LF price at the time. It is paid from the fee the platform collects, so your friend pays exactly the same fee they would have paid anyway. The reward lands in your claimable Referral Pending balance alongside your mining and staking referral rewards.

What you earn

50% of the trading fee a referred friend pays. If they pay a $0.30 taker fee on a trade, $0.15 worth of LF is credited to you. The conversion uses the LF price at the moment the reward is worked out.

Note

Your friend is not charged more and does not earn less. The share comes out of the fee Lovely Legends collects, not out of their trade — their cost is identical whether they were referred or not.

How it compares to the other referral rewards

What your friend doesYour sharePaid in
Pays a trading fee50% of that feeLF
Accrues mining rewards10% of the amount they accrueLF
Accrues staking rewards10% of the amount they accrueLF

The trading share is much larger than the mining and staking share because it is a share of a FEE the platform has collected, while the other two are an extra payment made on top of what your friend earns.

Trading-fee rewards appear under Trading fees in the Earned From breakdown.

When it is credited

Shortly after the trade is settled, rather than on a daily schedule. It appears in your Referral Pending balance and in the "Earned From" breakdown on the Friends screen, under Trading Fees.

Claiming it

Referral rewards are claimed from the Friends screen into your main LF balance, with the same 0.5% claim fee that applies to mining and staking rewards. Until you claim, the LF cannot be traded, staked or withdrawn.

Why have I earned nothing from a friend who trades?

Two ordinary reasons. They may not have paid a fee yet — an unfilled limit order costs nothing. Or they may not be attributed to you: the referral is recorded when someone first opens Lovely Legends through your link, so a friend who signed up another way and used your link later is not counted.

Still need help?

Nobody from Lovely Legends will ever ask for your seed phrase, password or login code, and support never messages you first.

Still need help?Contact support