Product: Signal X
Trading Rebates Guide
The Ginox rebate system rewards you and your referral network when you trade on supported platforms. A percentage of your trading volume is converted into rebate income, which is distributed across multiple levels of your upline. You also receive a kickback portion from your direct sponsor's rebate.
1. How Rebates Work
When you execute trades on a supported platform, the system:
- Records your trading volume (the total value of your trades).
- Calculates a fee amount from that volume using the admin-configured fee percentage (currently 0.06%).
- Distributes that fee amount as rebate income across your referral upline (up to 5 levels).
- Gives you a kickback -- a portion of your Level 1 sponsor's rebate, based on your rebate split settings.
Fee Calculation
Fee Amount = Trading Volume x (Fee Percentage / 100)
The fee percentage is set by the platform admin. This fee amount is the base from which all rebate distributions are calculated.
2. Rebate Distribution Levels
Rebates are distributed to up to 5 levels of your referral upline. Each level's percentage is configured by the admin and varies by order type (Market or Limit) and user role (NU or BD).
Level | Who Receives | Role Requirement |
|---|---|---|
Level 1 | Your direct sponsor | NU or BD |
Level 2 | Sponsor's sponsor | NU or BD |
Level 3 | Level 3 upline | NU or BD |
Level 4 | Level 4 upline | BD only |
Level 5 | Level 5 upline | BD only |
- Levels 1-3 are paid to both NU and BD users in the upline.
- Levels 4-5 are paid only if the upline user is a BD (Business Developer).
Income Calculation Per Level
Level Income = Fee Amount x (Level Percentage / 100)
All rebate income is paid in GUSD.
3. Rebate Split Settings (Level 1 Kickback)
At Level 1, the rebate is split between your direct sponsor and you (the trader). This split is configurable.
How the Split Works
- Your sponsor has a self percentage (what they keep) and a ref percentage (what you get back as a kickback).
- These two percentages must add up to 100%.
- Default split: 50% / 50% (can be changed by admin or by the sponsor).
Example
If Level 1 rebate = 10 GUSD and the split is 60% self / 40% ref:
- Sponsor keeps: 6 GUSD (type: sponsor_share)
- You receive: 4 GUSD (type: referral_kickback)
Configuring the Split
Your sponsor can configure the rebate split:
- Default settings: Apply to all referrals unless overridden.
- Per-referral settings: A specific split for a specific referral (overrides the default).
- The referral (ref) must be a valid direct downline of the sponsor.
- You cannot set yourself as a referral.
4. Order Types
Rebates are calculated separately for two order types:
Order Type | Description | Volume Source |
|---|---|---|
Market | Taker orders (immediate execution) | perpTakerVolume |
Limit | Maker orders (placed on order book) | perpMakerVolume |
Each order type can have different rebate percentages per level and role. This means market orders and limit orders may generate different rebate amounts even for the same volume.
5. Elite Pools
Elite Pools are a monthly bonus distribution for high-volume traders who have been approved as Elite users.
Eligibility
- You must be an approved Elite user (application-based, approved by admin).
- You must meet monthly volume thresholds on the platform.
Pool Tiers
Pool | Volume Threshold | Pool Share |
|---|---|---|
3% Pool | 1M+ but less than 10M | 3% of total fees |
5% Pool | 10M+ | 5% of total fees |
How the Pool is Funded
- The system sums up the total trading volume from all whitelisted users during the previous month.
- A fee is calculated: Total Volume x (Fee Percentage / 100).
- 3% of that fee goes into the 3% pool.
- 5% of that fee goes into the 5% pool.
Points System
Your share of the pool is determined by points:
Personal Points:
- 1 point per 1M trading volume (calculated as 0.01 per 10K volume).
Group Bonus Points:
- 0.25 points per 1M volume contributed by Elite BD users in your direct downline.
- Only applies if you have Elite-approved Business Developers in your referral network.
Total Points = Personal Points + Group Bonus Points
Distribution
Each pool is distributed proportionally by volume among qualifying users:
Your Share = (Your Volume / Total Pool Volume) x Pool Amount
Elite Pool income is paid in GUSD.
Schedule
- Elite Pool distributions run automatically on the 1st of every month at 02:00 (2 AM).
- They process the previous month's trading data.
6. Income Types in Your Wallet
Income Type | Description |
|---|---|
gidex_rebate | Rebate income from your downline's trading (Levels 1-5) |
gidex_rebate_kickback | Your kickback from your sponsor's Level 1 rebate |
gidex_elite_pool | Elite Pool distribution (3% or 5% pool) |
gidex_elite_pool_personal_points | Personal points earned from Elite Pool |
gidex_elite_pool_group_points | Group bonus points earned from Elite Pool |
7. Prerequisites
To earn rebates you need:
- A linked wallet address on your Ginox account (required to match your trades).
- Active trading on a supported platform.
- An upline (sponsor chain) for rebate distribution to occur.
To earn from your downline's trades:
- Your referrals must have linked wallet addresses and be actively trading.
- For Level 4-5 rebates, you must be a BD (Business Developer).
To qualify for Elite Pools:
- Approved Elite user status.
- Monthly trading volume of at least 1M (for 3% pool) or 10M (for 5% pool).
8. Walkthrough Example
Scenario: Alice trades $100,000 volume (market orders). Fee percentage is 0.06%.
Step 1 -- Fee calculation:
Fee = $100,000 x 0.06% = $60
Step 2 -- Level 1 (Alice's sponsor: Bob, BD):
- Level 1 BD market percentage (e.g., 40%): $60 x 40% = $24
- Bob's rebate split: 70% self / 30% ref
- Bob keeps: $24 x 70% = $16.80
- Alice kickback: $24 x 30% = $7.20
Step 3 -- Level 2 (Bob's sponsor: Carol, NU):
- Level 2 NU market percentage (e.g., 10%): $60 x 10% = $6.00
- Carol receives: $6.00
Step 4 -- Level 3 (Carol's sponsor: Dave, BD):
- Level 3 BD market percentage (e.g., 10%): $60 x 10% = $6.00
- Dave receives: $6.00
Step 5 -- Level 4 (Dave's sponsor: Eve, BD):
- Level 4 BD market percentage (e.g., 5%): $60 x 5% = $3.00
- Eve receives: $3.00 (BD only)
Step 6 -- Level 5 (Eve's sponsor: Frank, NU):
- Frank is NU, so Level 5 is skipped (BD only).
Total distributed: $16.80 + $7.20 + $6.00 + $6.00 + $3.00 = $39.00
9. Important Notes
- All rebate income is paid in GUSD.
- Rebate percentages per level, role, and order type are admin-configurable and may change.
- The default rebate split is 50/50 but can be customized by the sponsor (per referral or globally).
- Level 4 and Level 5 rebates are exclusive to BD users in the upline.
- Network rebates are processed automatically daily for trades from 7 days ago.
- Elite Pool distributions happen monthly on the 1st for the previous month's activity.
- A single trade may generate both market and limit rebate distributions if it has both taker and maker volume.
- Trade records are saved with a unique transaction ID that links to the corresponding rebate income records.