A three-level affiliate program – how does it work?

Your Kanga Exchange is constantly evolving! That is why we are launching a new, innovative affiliate program. It will consist of three levels so that each user of https://trade.kanga.danieldudzic.com/ could adapt its functionality to their own needs. What does it really involve and what benefits will it give to the user? 

Below you can find a short description of the objectives of the program and their innovative features. 

The first rule is that as part of one user account the user can have many different campaigns, i.e. affiliate programs. Each campaign means separate affiliate links (links within one campaign will lead to different websites: to the registration page, the homepage or the IEO list) and separate shared commission allocation tables. 

Before you create your first campaign, your Affiliation tab will look like this: 

The next rule of this program is that the affiliation links for a campaign will only be generated once the campaign is launched. Up to that moment you will be able to make changes in the commission allotment table as well as give the campaign a unique name selected by you. Remember that once you launch the campaign you will not be able to make changes in the commission allotment table. 

The available pool of share in the table may change with time. This, however, will not affect the campaigns already initiated. 

For each campaign you will have access to statistical data (clicks, events of registration, income, number of transactions and other), so that you can be up-to-date with your affiliates’ actions on Kanga Exchange. The statistical data will only include your first level of affiliation, but the profit chart will include all three levels of your affiliates.

If you have the current (one level) affiliate program, which was used at least for one registration event, it will be converted into a campaign. If, however, you did not have an affiliate program activated in your account or it was not used for registration, you will have to create new affiliation links to start using the new affiliate program. 

Other rules of this affiliate program are as follows: 

  • no limit to the number of accounts you can invite. As the main affiliate you will get commission from the transaction fee of the affiliated account for life, i.e. as long as you have your account on the exchange; 
  • when the affiliated user carries a transaction on the market, the percent of the generated transaction fee that was defined by you will become your commission reward; 
  • your affiliation will not be accepted if the affiliated user and yourself will hold the same IP number or your account will be set up on the same day as the account of the user registered from your affiliation link. 

Also remember that Kanga Exchange will annul all profits from affiliation if there are mass registration events of new accounts set up under your name. 

The presentation of the general rules of participating in the program is behind us now, so let us move to the specific information about what the program is exactly and how it works. 

The new affiliate program is a three-level program, which means that your profit comes from the consecutive levels: 

  • level 1 – from the transaction carried by your direct affiliate;  
  • level 2 – from the indirect affiliate so the one that comes from the direct affiliate;
  • level 3 – from the person recommended by the indirect affiliate. 

Additionally, you can return a part of your profit to your affiliate. Complicated? 

Let us show this in an example:

You created a campaign and invited a new user – let’s call him John. If John carries a transaction on the exchange and pays a transaction fee, you will receive a part of the fee, the part defined by the parameter at Level 1. If John also creates a campaign and invites Ann, in the situation where Ann carries her transactions, John will receive part of the commission according to his Level 1 and you will get part of Ann’s commission according to Level 2 defined in your campaign. If Ann in turn creates her campaign and invites Tom, when Tom carries a transaction on the exchange and pays commission, then subsequently Ann will get part of the commission according to Level 1 defined in her campaign, John will get part of the commission according to Level 2 of his campaign and you will get part of the fee according to Level 3 you defined. If you are very generous, you may set the Return of fee parameter, which defines the part of commission you will pay back to the person who carries the transaction. The Return of fee is available only for the users directly invited by you (in our example it will be John).

What are returns of fees from transactions and how you can use them? 

The return of the transaction fees involves giving the whole or part of the commission the affiliate is entitled to receive to the person who pays the cost of the fee when carrying a transaction on Kanga Exchange. 

The return of fee may be done in keeping with strictly defined rules. The amount of per cents for each level (including the return) are established by you individually on the principle that each consecutive level must be lower than half of the previous level. So Level 3 must be lower than half of Level 2, and Level 2 must be lower than half of Level 1. Whatever is left in the percentage pool is given as a return. 

Let us show a few examples of how the division of the percentage pool may look like for a 20% pool. 

Example 1:

  • Level 1: 20%, other levels: 2 and 3: 0%. The return of the commission will be at the level of 0%, according to this calculation: 20%-20%=0%.

Example 2:

  • Level 1: 15%, level 2: 2%, level 3: 0%. The return of the commission will be at the level of 3%, according to this calculation: 20%-15%-2%=3%.

Example 3:

  • Level 1: 10%, level 2: 4%, level 3: 1%. The return of the commission will be at the level of 5%, according to this calculation: 10%-4%-1%=5%.

Complicated? Don’t worry! The system will suggest to you, how many per cents from the pool you may use on the next levels. It is a great facilitation, isn’t it?

We have described the mechanism of the affiliate program. Let us then check how it will look like in your Kanga Exchange account.

The screen bellow is a view of the website before the three-level affiliate program campaign is launched:

When your unique affiliate program is ready (and remember, you can name your program yourself!),

and then you create the division of commission according to the guidelines provided by our system,

and generate affiliate links

your program will thus be launched and you will be able to fully appreciate the profits received from it. You Affiliation tab will look like this:

Summarizing, the three-level affiliate program is an opportunity to create your own affiliation campaigns with different division of your profits, e.g. to your family, close friends or colleagues. It is you who decides how we can help you generate your rewards in return for your recommendation of our services to others.

Contact us in case of any problems in launching the affiliate program. Call us at +48 58 573 36 33 and choose 1 or sent us an e-mail to support@kanga.danieldudzic.com. Our Customer Service team will be happy to provide instructions and answer any question related to Kanga Exchange.

Author: Klaudia Ospa Customer Service Manager

Kanga Exchange and Tenset strategic partnership

We are proud to announce that Tenset has officially become a strategic investor for Kanga Exchange! Following on from the reveal this week that we are joining the Tenset Gem Launch Platform, we are delighted to be forming this exciting partnership with Tenset.

Tenset is demonstrating its commitment to helping Kanga develop by purchasing 2.1 million KNG tokens! Our PoS system has placed these tokens to earn passive income for their ETF 2.0 portfolio and company buybacks. Therefore, these tokens are now out of the circulating supply and cannot be sold, which is a significant positive for KNG holders! This massive investment by Tenset clearly shows their enormous belief in the Kanga project and their desire to bring us to a greater level.

The Tenset team brings a wealth of knowledge from both the business and crypto world, along with access to valuable contacts to develop our operations. We are planning to expand the business internationally, and Tenset expertise will be crucial in helping us achieve this. Tenset already has a strong presence in Europe and Asia which will facilitate our expansions there.

With Tenset’s guidance, we are confident that we can enter and conquer new markets in Europe, Asia, and the rest of the world. Featuring as a gem within the Tenset ecosystem is a tremendous honor as they only accept projects of the highest quality and potential. This privilege will grow our brand tremendously and increase awareness of Kanga across the world. We can make a significant impact and attract a global user base to our platform.

This is a partnership that will truly accelerate our goal of mass adoption for cryptocurrency. Exciting times lie ahead for Kanga and our users as we begin our journey with Tenset to become a true powerhouse in the cryptocurrency exchange market.

Kanga reveals IEO date

Brace Yourself as Kanga reveal IEO date :calendar:
Mark your Calendars as $KNG IDO is coming on 23th September, 2021.KNG IEO DETAILS:
:small_blue_diamond:Start date: 23th September
:small_blue_diamond:Start time: 1PM CET
:small_blue_diamond:Format: IEO on Kanga Exchange
:small_blue_diamond:Rules: Only for TGLP subscribers, first come first serve
:small_blue_diamond:Total sale: 1 000 000 KNG
:small_blue_diamond:Vesting: 50% unlocked, rest unlock 2% per day
:small_blue_diamond:Price: 1 KNG = 2$
:small_blue_diamond:Max allocation: 1000$ per address
:small_blue_diamond:Available crypto: ETH, USDT

:warning: Kanga Exchange IEO

:raised_back_of_hand:There are bad actors who, using unfair technological advantages, buy large amounts of tokens before any real community members can, and then dump those tokens on the real community members and investors after a few minutes. Using this pump and dump scheme, bot owners can earn millions of dollars in just a couple of minutes at the expense of the community.
To avoid bots, protect investors and perform as fair and beneficial a distribution as possible for our community members, the $KNG sale will take place exclusively on Kanga EXCHANGE.

:warning: Kanga whitelist systemTo verify their whitelist, investors MUST transfer ETH or USDT from their TGLP whitelisted address (where they locked their tokens for TGLP subscription) to their Kanga ERC20 wallet. This transfer can be a minimal $ amount, but a transaction must occur from the subscribed wallet in order to link the account. Only this Kanga wallet will then be able to participate in the IEO. Each subscribed wallet will only be able to link with one Kanga account. Kanga IEO will eliminate the problem of unpredictably large gas fees on the ERC20 network.

:warning: Important Notice

:spiral_note_pad:Kanga Exchange will shortlist the whitelisted participants, and only the whitelisted addresses provided by Tenset team will get the chance to participate in the $KNG IEO.

Lock (https://tenset.io/gems/) 3,000 10set now. You can lock your tokens now via the Tenset websit

:rotating_light:Beware of fake contracts & fake tokens being traded on any DEX. $KNG IEO and listing will only take place exclusively on Kanga.Exchange

Once again, please mark your calendars and gear up as we dive into an exhilarating journey.

New listing – DODO token

Do you even DODO?

We want to welcome DODO to Kanga Exchange. DODO is a set of DeFi tools that are used by many DeFi users every day. DODO is operating currently on multiple blockchains like Ethereum, Polygon, BSC and HECO. These as some of the things available on DODO protocol:

  • create an asset on the blockchain: Ethreum, Polygon, Binance Smart Chain, HECO- pool and create a swapping market for your asset.
  • create a crowd pooling campaign that allows you to build liquidity for your token with the help of the crowd.
  • create a liquidity mining campaign- DODO is also a decentralized swap exchange that offers great liquidity for many assets.
  • earn DODO by providing liquidity and many more.

DODO is one of the leading DeFi protocols and it has a great potential to become a go-to DeFi platform for any crypto asset.

Listing details:

  • deposits are open from today.
  • we are listing an Ethereum based DODO token.
  • new pair is DODO/ETH.
  • trading starts on Friday at 12:00 GMT.

The ‘Fake Bitcoin’ fraud or how not to get tricked out of your lifetime savings

As the Polish police informs the number of frauds involving financial services, including cryptocurrency, is invariably growing. Let us look at a hypothetical case: Edward lost his job due to redundancies at his company. The ongoing pandemic and his close-to-retirement age did not make it easier for him to find new employment. In theory, he had enough savings to cover for his basic needs. However, things turned bad for Edward and he suffered a severe loss. What do you think happened? 

A survey would come in handy at this point, but it will be easier for me to use a few examples which would fit well in this quite stereotypical scenario. And no, it was not the ‘fake grandson’ or ‘fake policeman’ or any other fraud method involving a trustworthy person. Edward fell victim to a fraud which for the purpose of this article I called the ‘fake Bitcoin’ fraud. 

Situation 1. The Internet scam

Who would not like to get rich quickly and easily? Especially in a situation where they struggle to find a steady source of income? Edward was one of such people. While searching through social portals on daily basis an advertisement glorifying the possibility to earn money on cryptocurrencies caught his eye a few times. A smiling attractive woman at the side of a prominent businessman in the picture was an additional stimulus encouraging him to click on the advertising banner. Next, it was enough to read a few sentences about ‘your only chance in a lifetime’, fill in the contact form and wait for a phone call from ‘a broker/consultant/exchange agent/personal advisor’ (the sky is the limit). 

What next? Well pleased Edward sets the kettle to make some tea, rubs his hands and… Huh, the phone is ringing! Good morning, good morning – the usual exchange of courtesies. He can hear that there is a gentleman at the other end. Eloquence, elegance. A slightly foreign accent, but after all Edward’s grandmother was from Vilnius, so we cannot suspect a man of dishonest intensions based on that! 

‘Right then, so what is the plan? Well, dear sir, 250 euros/dollars will suffice. Such a trivial amount, you must admit, considering the sea of opportunities which will later unfold for you!’ Things followed a scenario that is well known to the police and the Financial Supervisory Authority (KNF): 

Edward was asked to install an application on his computer, which would enable the consultant to run the so-called ‘remote screen’. Thanks to that, as was explained, he could show Edward step by step how to run the operations. He also needed a trading application (a cryptocurrency wallet) and another one, which would enable him to make multicurrency transfers, preferably one that also offers a quick exchange to cryptocurrencies. Edward made a transfer for 250 euros. 

Next, having learnt ‘his client’s needs’ the consultant persuaded Edward to make another bigger investment. All legal, off course. Edward could see with his own eyes the steps that were being taken. Both men were operating on the same computer, the only difference being that the consultant was present remotely and every now and then asked Edward to provide the codes that were being sent to his client’s phone number. At some point the situation got complicated, because unlike so far, when Edward could see his funds in the wallet, now he saw them disappear… and they never came back. In panic he tried to contact the nice gentlemen but, unfortunately, it was impossible to connect to him. He lost 1000 euros.

Situation 2. A phone scam

A similar situation, yet this time Edward receives the information about ‘the investment of his life’ on the phone. The speaker presents himself as a representative of a well-known company/cryptocurrency exchange and informs Edward that his phone number was retrieved from a database in which Edward’s number was available as the result of a consent he had given to be contacted for marketing purposes. Dismayed Edward cannot recall anything of that sort, but then again, he was not reading the message that carefully. They start the conversation. The broker asks about his economic situation and cheers his victim up, saying he could not have come at a better time. They make an appointment to meet. Once the broker presents the investment plan, Edward decides to invest 50,000 PLN. The broker assures him that he does not need to do anything. Well, only to go through a positive KYC verification, but that is just the same as for banks – there you need to give your full credentials as well. No need to worry, they will help. 

The day comes when Edward is asked to make an additional verification as part of the KYC procedure. This time in the form of a video conversation with an exchange worker. Edward does not find it convenient, but his new advisor promises to prepare him for the video call. This way during the conversation Edward conceals the fact that he is not acting on his own behalf and was persuaded to open an account by a third party. Let us assume that he managed to outsmart the exchange worker. As a result, Edward can make transactions for more than 1000 euros. He gives his advisor details to access the account and… that’s right. The advisor disappears along with Edward’s savings. Edward calls the exchange support, appalled. He learns that workers of the exchange never call to their clients first, and they surely do not offer help in the form of investment advice. Edward was frauded and must report the fact to the police. 

Summarizing the above situations: 

  • NEVER give your personal information to third parties – this concerns both your personal details and credentials to access your banking systems, e-mail and the like.  
  • ALWAYS check who you are speaking to. If there is something that rises any doubts in you, trust your intuition and resign for your own safety. 
  • If you receive a phone call from someone who present themselves as Kanga exchange worker (or a worker from another service), tell them you will call them back. Note down the phone number and call the support of the company which allegedly contacted you (do it preferably by phone, since scammers most probably also have access to your e-mail box). You may also report the case to the police. 
  • Fraudsters may also try to contact you via such popular communication channels as Whatsapp, Skype or Telegram. 

Finally, I will describe one more method used by fraudsters, equally popular. 

Situation 3. Phishing or crypto phishing 

This method has been known among fraudsters for a very long time. It involves sending spam messages with the use of an email or text message. The fraudsters pretend to be cryptocurrency exchange or other cryptocurrency service providers (e.g. exchange offices). Most often the messages include a link confusingly similar to those sent out by real companies. For the sake of the discussion for this situation we must assume that Edward already has some funds in a cryptocurrency wallet and receives a worrying message (e.g. that his funds are in danger) with a call to action. Unfortunately, unluckily for Edward, he fails to carefully check the sender’s address and clicks the link, which redirects him to a clone website. He enters his logging credentials and is surprised to see that everything is fine. He logs out and the next time, once he logs in to the proper service, he is in for an unpleasant surprise: his wallet is empty 🙁 

Fraudsters in social media, including the popular Facebook platform, work in a similar manner. They create a fanpage that is identical to the one our protagonist observes and place information about free bitcoins there. Additionally, very often they tag their victim posting a dedicated message with congratulations. It is enough for the user to click on that link and… you know what will happen next. 

Summarizing:

  • ALWAYS check carefully and thoroughly the email address and phone number from which you received a message which rises your doubts, especially when it comes to your finances and personal details! 
  • Do not believe that someone wants to give you a Bitcoin or another cryptocurrency for free. 
  • Install anti-virus software on your devices. 
  • Never allow a third party to access your devices remotely! If they ask you to install such applications as TeamViewer or AnyDesk – do not install. 
  • Whenever possible enable two-step verification. 

You can read more about the actions taken by fraudsters in our previous article or on the website of Polish police. 

Something made you feel alarmed? Contact us immediately!

New listing – SUSHI

Feeling SUSHI…

This week we welcome pSUSHI on Kanga.Exchange. We want our users to have a chance to trade the best DeFi tokens out there. SushiSwap is one of the major players in the DeFi space. Its team hasn’t stopped and has been rolling innovation non-stop! 

One of the latest news is an innovative new generation AMM (Automated Market Maker) called Trident AMM, which is rolling out as we speak.

SushiSwap is the most multichain swap exchange out there! You can use it on Ethereum, Polygon, BSC, HECO, Avalanche, Fantom and many others. 

It has been recently approached by large VC funds that offered Sushi DAO large investments but they got refused by the Sushi Community. Showing the strength of the community and a decentralized nature in the core. 

SushiSwap entered the market in mid-2020 with its successful vampire attack on UniSwap, and after that, many thought it won’t last for long. But It proved to create a really strong and vibrant community, that is constantly innovating. Since then Sushi has become the money market with multiple great products enabling trading, leverage, yield farming, automated yield strategies etc. 

For DeFi investors, SUSHI is a must-have token in the portfolio.

Listing details:

– We are listing a Polygon-based SUSHI token with a symbol “pSUSHI” – it means low fees and fast transactions,

– We are opening a new pair pSUSHI/pMATIC  

– Deposits of pSUSHI are open from today

– Trading of pSUSHI/pMATIC starts at 12:00 GMT on Friday (27th of August)

Happy trading!