Bitget claims to be the largest Universal Exchange ( UEX ) in the world, and recently launched an alliance program called # NoCap, aiming to extend referral earnings beyond cryptocurrency trading.
Eligible creators can receive ongoing commissions from the activities of recommended users across multiple asset categories, including cryptocurrencies, tokenized U.S. stocks, contracts for difference (CFDs), and on-chain orders.
The plan revolves around the Universal Exchange ( UEX ) model of Bitget, with the aim of integrating different financial markets onto a single platform. Unlike limiting alliance rewards to a single type of transaction, # NoCap allows commissions to be generated from eligible activities in multiple markets for a single referral.
As long as the recommended users continue to generate transaction fees that meet the requirements, and the alliance members continue to comply with the plan's demands, the related payments will continue to be made.
Alliance members can earn commissions in multiple markets.
Bitget indicates that eligible alliance members can obtain a base commission rate of 40% after completing identity verification and reaching the required recommended transaction volume threshold. In the first month, they can also receive an additional 10% increase.
This program is open to creators with as few as 100 followers. The exchange states that applications are usually reviewed within one working day.
Activities that meet the criteria and can generate commissions include cryptocurrency, tokenized stocks, contract for difference (CFD), and trading of products related to gold.
This structure is different from those referral schemes that focus on a single market or only pay a commission once after the user opens an account and makes a deposit. Under the #NoCap plan, the alliance's earnings are linked to qualified trading activities over a certain period of time.
Therefore, if recommended users switch between different asset categories, they may continue to generate commissions across various product categories, yet they are still subject to the terms of this program.
Bitget CEO Gracy Chen stated: "Creators have spent years building trust with their audience, and these audiences are not confined to just one market. Some may first come into contact with Bitcoin and then move on to trading stocks or gold. We hope that creators can continue to generate revenue as the community explores these markets on Bitget. This is a direct extension of our Universal Exchange vision, as more markets mean more opportunities for those who bring users to our platform."
This launch follows previous alliance initiatives, including the exchange's “Score Your 40%” campaign. Through #NoCap and Bitget, Bitget is placing greater emphasis on its multi-asset products, in order to reach an audience interested in markets beyond cryptocurrencies among financial creators, the trading community, and other alliance members.
The Universal Exchange model of this exchange integrates access to digital assets with traditional financial products on the same platform. This alliance plan extends this concept to a recommendation mechanism, allowing creators to earn revenue from eligible activities within the supported markets, rather than relying solely on crypto transactions.
# NoCap is also part of the 8th anniversary celebration of Bitget. The theme of the event is “no cap on what you ' re worth”. This event describes the expanded commission structure as a measure to broaden the revenue opportunities for alliance members.
Eligibility to participate, commission rates, and eligible trading activities are still subject to the terms of this program, authentication requirements, and regional restrictions.
