Upstox Refer and Earn – Upstox is a leading online stock trading platform in India. It provides a range of services to investors, traders, and brokers. This trading medium was founded in 2011 and has since grown into one of the leading discount brokers in the country.
In today’s blog post, we will take a closer look at the Upstox Refer and Earn and how it can benefit you. If you have a Upstox demat account and want to take advantage of this program, then stick to this article.
Without any further delay, let’s dig into the topic.
Upstox Refer and Earn Details
- Upstox Refer and Earn is introduced by RKSV Securities Pvt Ltd.
- The app has more than 10 million users.
- Only new users are qualified for the Upstox Referral Code.
- This trading platform was founded in 2011.
- It is regulated by the Securities and Exchange Board of India (SEBI) and the National Stock Exchange (NSE).
What is Upstox Refer and Earn?
Upstox Refer and Earn is a program that allows existing users to invite new users to the platform and gain money in return. The referrer earns a cash reward when the referee opens a new account on Upstox and performs certain actions like trading or adding funds to the account.
To participate in this, you need to share the Upstox Referral Code or Upstox Referral Link with your friends. For every successful registration, you will be credited with a referral rewards.
The referral amount completely depends on the terms and conditions of the program, which may vary from time to time. This referral money will be transferred to your bank account within a few days of the new user’s demat account opening.
Also read: PayBag refer and earn
Upstox Refer and Earn real or fake?
Upstox Refer and Earn is absolutely real. This platform is regulated by the Securities and Exchange Board of India (SEBI). It is a legit medium that enables you to make money by sharing Upstox Referral Code with your friends and colleagues.
Upstox Refer and Earn Process
- Upstox Refer and Earn has a very simple and straightforward process.
- First, open the Upstox app and login to your account.
- Next, click on the ‘Profile’ icon located at the top.
- Click on the ‘Refer and Earn’ tab.
- Input the details and click on the ‘invite’ button.
- Now your Upstox Referral Link will be generated, which you can share with your colleagues and other acquaintances.
- When they open a demat account using your link, they will be counted as your referral, and you will obtain rewards.
Upstox Refer and Earn Limit
Upstox Refer and Earn has a limit. As per the terms and conditions, only the first 10 successful referrals are considered valid per month. Which means if your 12 friends open a demat account using the Upstox Referral Link, only the first 10 successful referrals will be counted and any additional referrals will be deemed invalid. You will also be provided the referral money based on those 10 referrals.
Upstox Refer and Earn Withdrawal
Here’s the step-by-step guide for withdrawing your referral money made from Upstox Refer and Earn.
- Log in to your Upstox account by entering your credentials.
- Click on the “Refer and Earn” tab located on the left-hand side of the
- dashboard.
- Under the “Referral Earnings” section, you will be able to see your total referral rewards.
- Click on the ‘Take out’ button next to the referral amount.
- Enter the amount you want to withdraw and click on the “Submit” button.
- After that you will receive a confirmation message that your withdrawal request has been received.
- The withdrawal amount will be credited to your bank account within three working days.
Upstox Refer and Earn is safe or not?
Upstox Refer and Earn is safe. You can share the Upstox Referral Code with carefree. This program is run by a reputable and well-established stock brokerage firm in India. There’s nothing to worry about.
Conclusion
Upstox Refer and Earn is a great way for users to gain referral money. Besides, your friends and acquaintances get to know the benefits of online trading. The program offers massive referral rewards to both the parties, making it a win-win for everyone. So, don’t waste your time and start participating in Upstox Refer and Earn.