Here we have discussed What is Upstox Apps refer and earn program is? has been told about. Whether you use Upstox’s Old App or New, the same Refer and Earn program has been created for both.
If you use up stix App then you can earn money through its refer and earn program also. Before knowing about the referral and earn program, let’s know a little about Upstox App.
What is Upstox App?
Upstox App is a platform from where you can trade, invest money in mutual funds, shares, etc. The account maintenance charges (AMC) and account opening charges in this app are 0 rupees. That is, you can trade here by opening an account absolutely free.
If you want to open an account here, then you can open it by clicking on the link. Here you can open an account in upstox through Banksathi by clicking on the link below, you can read the post about what is Banksathi app by clicking on the link below
What is Upstox App refer and earn program?
According to the Upstox App refer and earn program, if you refer (share) Upstox App to any other person and he creates his account on Upstox by downloading Upstox App from your referral link then you will get 100 rupees
If that person makes his first trade after creating an account then you will get 100 more rupees. That is, through the Upstox App refer and earn program, you can earn a total of 200 rupees from a person.
Now you must be thinking that why would someone download Upstox App from your referral link. So friends, let us tell you, if a person creates his account by downloading the Upstox App from your referral link, then it is also beneficial for him. like –
- On opening an account on Upstox App, that person will get one trading and one demat account.
- Although there is a brokerage charge of Rs 20 per order for trading, but opening an account on Upstox App through the referral link will get Rs 1000 as brokerage credit for the first 30 days. That is, if you trade for the first 30 days after creating an account, then your brokerage charge up to Rs 1000 will not be charged.
- Along with this, he will be able to access all the new apps of Upstox absolutely free. Which is very fast and easy to use.
How To Refer Upstox App? (how to refer a friend in upstox)
You must have your own Upstox account to refer Upstox App to another person. Only then follow the steps given below –
- To refer, open Upstox Old app and login with your ID password.
- Open your profile icon on the top left. Then click on Refer and Earn.
- Now if you want to refer through WhatsApp, then select WhatsApp.
- And if you want to refer through any other app, then click on share icon and select that app.
- After this, select the person to whom you want to send and send it.
NOTE – The validity of a referral link is only 30 days. That is, if within 30 days from your shared link, when someone downloads upstox and creates an account, then you will get money.
How To Withdraw Money From Upstox App?
By going to the section of Refer and Earn and clicking on Your Earnings & Referrals, you can see the earning through your Refer.
Along with this, you can also see which people have created their accounts on Upstox from the link given by you.
You will be able to withdraw money from the section of Your Earnings & Referrals. Your earnings will appear just below Your Earnings. Take Out will be written just below it. Click on it.
After this, enter the amount you want to withdraw and click on Confirm.
NOTE – Always withdraw money between 8 pm to 12 noon during the day. Along with this, never withdraw money on Saturday and Sunday. Otherwise, your money may get stuck for a few days.
You can earn money from Upstox in two ways. The first way is to sell shares on Upstox, at the right time by investing money in mutual funds. And another way is by Upstox Refer and Earn. You can earn ₹ 400 and sometimes ₹ 600 by referring Upstox App to your friends.
Next, you have to go to the option of Broken Plan, in which you have to select the plan and payment method and click on the submit button! In this way, you can open your Demat & Trading Account in Upstox step-by-step!
Upstox Trading Platform The performance of a broker’s trading platform is a major factor in determining whether Upstox is safe. You chose to invest with a broker to earn profits. If the trading platform, its features, and techniques are not decent, then there is no point in investing with it.
Upstox is owned by RKSV Securities. This company was started by Ravi Kumar, Raghu Kumar, and Shrinivas Viswanath in 2009, at that time its name was given to RKSV Securities but later it was changed to Upstox, after which it is now becoming quite popular with this name.