What is the Kolo Referral Program?
The Kolo Referral Program lets you share your personal invite link with friends. If they join Kolo through your link, they become your referrals.
When your referrals make transactions that generate fees, you receive a share of the fee Kolo earns.
How referral rewards are calculated
You can earn up to 40% of the fees your referrals pay.
⚠️ Important: this is 40% of Kolo’s fee, not 40% of your friend’s spending
Referral rewards apply to transactions where Kolo charges a fee.
In practice, this typically includes operations with a conversion fee, such as:
Crypto-to-crypto conversions
Crypto-to-fiat conversions during card payments
Conversions related to withdrawals (IBAN withdrawals)
Other crypto-to-fiat payment flows supported in Kolo
Rewards are credited in the same currency the fee was charged in. If a transaction does not generate a fee, no referral reward is credited.
When are rewards credited?
Rewards are accrued as eligible transactions are finalized.
Payouts are typically processed daily (each 24h), after card transactions and conversion-related sub-orders are processed.
Referral not showing
If your friend registered using your referral link but does not appear in Friends, check the following:
The referral link was used during sign-up. A referral can only be attributed during registration and cannot be added later.
Registration is completed. Your friend needs to finish the full registration flow.
Wait for sync. In some cases, the Friends list updates with a short delay.
If it still does not appear, contact Kolo Support and share:
A screenshot of your Friends section showing that the referral is not appearing
The email or Telegram account used during registration
Users can utilize the referral link when signing up for Kolo. However, it is important to note that if users choose to hide their email address using Apple Private Email, where iCloud generates a unique email that forwards to their primary email, the referral relation will not be in place. This occurs when users sign up with Apple while concealing their email, potentially leading to missed referral opportunities.
Frequently Asked Questions
Do I earn rewards from all transactions my referral makes?
Do I earn rewards from all transactions my referral makes?
You earn referral rewards only from transactions that generate fees. If a transaction does not generate a fee, no referral reward is credited.
Can I add referrals if they already have Kolo card?
Can I add referrals if they already have Kolo card?
A referral link can only be applied during sign-up. If your friend already has a Kolo account (including an active card), they cannot be added as your referral retroactively.