Coinbase killed their referral program

Started by NewMine, October 03, 2015, 02:13:47 AM

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inarizushi

Coinbase's referral program was so easy to hack, you could ask a friend completely uninterested in crypto to buy BTC, it's as easy as any online purchase, rebuy him the BTC and sharing the referral price. In the BTS 2.0 referral program, the service provider cannot possibly lose money by offering primes : even if it doesn't work as planned there are no risks. And the incentives for exchanges to use it seems strong :)
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xeroc

Quote from: newmine on October 03, 2015, 07:57:31 AM
Does that not make it harder?
yes it does ...
as usual .. thinking long-term is harder as short-term

NewMine


Troglodactyl

Quote from: newmine on October 03, 2015, 02:13:47 AM
It wasn't producing what they expected. Any concerns here?

No concerns from me.  Their referral program was pretty open to one time user abuse, while ours only pays out if the referral sticks around as a user or upgrades.


NewMine

It wasn't producing what they expected. Any concerns here?