Forex Zone Points System
CURRENT STATUS:- ACTIVE
- Available to VIP members only
HOW TO GET POINTS:- Becoming VIP (5000 Points included)
- Daily Contest (1000 Points per day)
- Posting (1 Points per post)
- New Topic (2 Points per new topic created)
- Attachments (1 Points per each attachment posted)
- Images (1 Points per inline image using [img] bbcode tag)
- Referrals * (100 Points per referral who successfully registers)
- Online Time * (Get 0.1 Points per minute)
- Recurring (Get life-time 10% from your direct referral's activity)
* Note: Manually credited upon request, but a maximum of once per month.
REDEMPTION METHODS:- Crypto (FZT, SIGNA, XRP)
- For Trading Money (FxGlory, Kinesis Money, UnitedPips)
- Money (Paypal - direct payment to your personal account)
- Gift Cards (Amazon - delivered electronically)
STEPS TO REDEEM:- You must be a VIP member to redeem points.
- Reply in this section, PM 'Admin', or send an email to 'admin@forex.zone'.
- State what you want - Crypto, Trading Money, Amazon, or Paypal.
- Your points will then be deducted from your forum account and the reward will be sent.
Note: There is a 1000 points minimum required in order to redeem.Note: Points redemptions are limited to once per week per member.PAYMENT METHODS:VALUE EXAMPLE:Let's say you earned 1000 forum points and want to redeem for XRP. The value of XRP you would receive can be calculated beforehand. Let's say the current FZT market price is 6.1 SIGNA and SIGNA itself is worth $0.0008. The current XRP price is $1.35 too.
It is calculated with this formula: (1000 * 6.1 * $0.0008) / $1.35 =
3.61 XRPQUESTIONS/ANSWERS:Question) How do I know what my points are valued?
Answer) 1 point is always pegged to 1 FZT. So your current points value in Dollars (or any fiat currency) can be calculated with some conversions. The value would depend on the market value of FZT, how many points you are redeeming, and the fiat currency. You can find links to additional information about FZT on this page. There is also an example calculation above.
Question) How do I know you'll pay?
Answer) The Forex Zone forum has been operating for several years already and has made many payouts. Many of these can be found on the Signum Network and XRP ledger and is publicly available information. You can also read some member feedback here on the forum as well. Furthermore, the points system is meant to be sustainable. This is not HYIP, a get-rich-quick scheme, or some scam. You simply earn for certain actions, which is what you would already be doing on other websites for free. The difference is, they do not share back but we do. There is nothing to buy. No investment is necessary. The points can be earned 100% free!
Question) Do I have to trade with the trading money?
Answer) Yes, it is expected that trading money be used for trading. The trading supports the forum, supports the broker, and gives you the ability to profit
RISK-FREE. It is good for everyone involved! You can even take the trading money and earn yourself trading rebates too.
Question) Can I redeem fewer points instead of waiting until I reach the minimum?
Answer) No. There is a 1000 points minimum required. And the points must be redeemed in increments of 1000. So 1000, or 2000, or 3000, etc...
Question) After I send a request to redeem points, how long does it take to receive?
Answer) This depends on current workload and other factors. You will receive what you request as fast as possible. It could take minutes or it could take hours or even a couple days (eg. during holiday).
Question) Can I redeem my points for mixed rewards?
Answer) Yes, you can redeem your points for whatever you want. For example, let's say you have 15000 points. You can redeem 10000 for trading money and the remaining 5000 for Crypto.
Question) How many times can I redeem points?
Answer) There is
NO LIMIT to the overall number of times you can redeem points. However, it is limited to once per week per member.
Question) Why are the referral points manually credited?
Answer) Making referrals can be an easy way to gain many points in a very short time. Since that is the case, it is also prone to cheating though. This is why referrals will be manually reviewed and credited. Referral quality and signs of cheating will be checked. If you are making genuine Forex/Crypto related referrals then you have nothing to worry about.
Question) Why can I only claim referral points once per month?
Answer) The manual review will be done upon request only, but no more than once per month simply because it would be very time-consuming otherwise.
Question) How does the recurring points work?
Answer) This is in addition to getting the one-time referral points. Whenever one of your direct referrals redeems points, you will receive 10% of whatever they claim. For example, if they redeem 1000 points, you will receive a 100 points bonus. Your points will be updated without you needing to do anything. These recurring points are considered life-time. There are no limits!
TERMS:- The Points system may stop in the future at any time we deem appropriate.
- The redemption values for Points may be adjusted in the future at any time we deem appropriate.
- The Points system may be paused if needed due to bugs, members cheating, or any other reason we deem appropriate.
- Cheating will not be tolerated. Any cheating by members (eg. making fake referrals, junk posts, etc...) will cause Points to be invalidated.
- The points system is a VIP-ONLY benefit.
- The Forex Zone forum will not be held liable for missing Points caused by bugs, downtime, hacking attacks, or anything else.
- The Points system is a privilege for Forex Zone members and not an entitlement. The Forex Zone administration may exclude problematic members from redeeming Points at it's sole discretion.
- The sharing of trading accounts and wallets between forum members is prohibited. Only your own personal trading account or wallet may be used for redeeming Points. Members caught sharing accounts/wallets or trying to receive funds on behalf of another forum member will forfeit their Points.
- This Points system is operated by the Forex Zone forum and is completely independent from the brokers listed above. All questions or concerns regarding this Points system should be directed to the Forex Zone forum.
- You are responsible for the accounting and recording of your own Forex Zone Points redemptions, if any, that you receive for tax purposes. We will not send out tax forms or get involved with your taxes unless it becomes legally mandatory to do so.
- Under no circumstances will we be held liable for any damages or losses you incur by participating.
- The terms and conditions of this Points system may change at any time. You are responsible for checking back here for updated terms or conditions, if any. It's best to have email notifications and alerts enabled so you stay informed.
- Participation is optional and done according to your own will. If you do not agree with all the terms, do not participate.
Linkback: https://www.forex.zone/promotions/36/forex-zone-points-system/3035/