Officially launch Nami Deposits & Withdrawals Partnership Program
07/04/2023

Dear Nami community,

In order to increase the convenience of users in transactions with digital assets, and at the same time create more opportunities to increase benefits for community development partners, Nami Exchange would like to officially announce the launch of the Deposits & Withdrawals (D/W) Partnership Program at 2023-04-07 08:00 (UTC).

Important Notice

  • The Deposit & Withdrawal Partnership Program is exclusively for Vietnamese partners only
  • From 2024-03-29 11:00 (UTC), Nami Exchange does not apply daily volume limits to the Deposit Withdrawal Partner system.
  • From 2023-04-07 17:00 (UTC), Deposit and Withdrawal Partners need to successfully complete at least 01 order within 07 days to maintain partner status.

1.Conditions to become a Deposits & Withdrawals partner:

  • All community development partners can apply to become a Deposits Withdrawals partner
  • At the end of the community development partner qualification period, users who are not eligible to hold the Official Partner tier will not be able to continue as a Deposits Withdrawals Partner for the next period
  • Partner needs to store a certain amount of VNDC or USDT at the Exchange wallet on Nami Exchange to be able to receive Deposit orders (Buy Crypto) from users, the balance of VNDC and USDT corresponding to the Deposit order value will be temporarily locked during the processing of the Deposit transaction and will be automatically transferred to the user's wallet when the Deposit transaction is completed.

2.How to register to be Nami Exchange's Deposits & Withdrawals Partner?

  • For new users: Users need to qualify and register to become a Community Development Partner, then users will have the option to register and become a Deposits and Withdrawals Partner at the same time
  • For Community Development Partners from Official Partner level and above: Partners can register to become Deposit and Withdrawal Partners in the Referral interface on Nami Exchange apps and websites

Users can register for a Deposit and Withdrawal Partner immediately after being approved as a Community Partner from the Official level or above at the Referral interface on the Nami Exchange website and app:



3.Benefits of Deposits/Withdrawals Partners

  • Deposits/Withdrawals Partner will receive a commission deducted from the trading fee of most recent complete trades with the Deposit/Withdrawal transaction
  • Commissions will be aggregated and paid every 1 hour into the Commissions wallet, partner can track the details in the Deposit and Withdrawal Partner interface, Commission History section
  • Formula for calculating commission:

Deposits & Withdrawals Commission = Deposits or Withdrawals Order Value / Total balance before placing order * 5% * Most recent generated trading fee

  • In order to increase the benefits of Deposit and Withdrawal partners, Nami applies the minimum deposit and withdrawal commission from 2023-04-24 08:00 (UTC). Accordingly, for the most recent trading orders with a volume of 2,000,000 VNDC or 100 USDT, the commission of the Deposit Withdrawal Partner will be from 1,000 VNDC, 0.05 USDT, 4 NAMI or 1 NAO depending on the type of assets used as fee by the user.

Note:

  • Total balance before placing Deposit Withdrawal: User's total balance prior to completion of Deposit Withdrawal with partner, including available balance, margin with Futures limit order and spot limit order lock balances
  • Most recent Trading Fees: Trading fees arising from Spot, Swap trades, open or close Futures position orders completed at the nearest time to the Deposit Withdrawal transaction
  • Commission unit depends on trading fee unit (NAMI, USDT, VNDC or NAO)
  • Partner will receive up to 5% on the most recently incurred trading fee for the following cases:

-Deposit/Withdraw order value is greater than or equal to Total balance before placing Deposit/Withdrawal order

-Total balance before placing Deposit/Withdraw orders is zero (0)

  • Deposit or Withdrawal orders will not generate a commission for the partner if the user conducts other Deposit and Withdrawal orders with other partner immediately without trading.
  • The deposit and withdrawal commission system works independently of the community development partner commission system and does not generate indirect commissions.
  • Minimum Value for D/W order: 100,000 VNDC or equivalent
  • Maximum Value for D/W order: 500,000,000 VNDC or equivalent
  • Deposit and withdrawal commissions will need to meet or exceed the following minimum values to be paid: 1 VNDC, 0.0001 USDT, 0.0001 NAMI or 0.0001 NAO

For example:

The user has a balance before placing the Deposit order of 0 USDT, the partner supports the user to complete the Deposit order with the value of 1,000 USDT, the user then completes opening a Futures trading position with an opening volume of 100,000 USDT and the opening trading fee is 0.06% * 100,000 USDT = 60 USDT.

Then the Deposit partner will receive:

Deposit Commission = 1 * 5% * 60 = 3 USDT


FAQ:

1.I was a Deposit & Withdrawal Partner last month but why can't I set up to receive user orders this month?

You need to be eligible to become a Nami community development partner from the official level or above, or you need to be eligible to maintain the community development partner tier to be able to continue as a Deposit Withdrawal Partner, condition upgrade and maintain the Community Development Partner program, you can read more here.

2. Next month I am eligible to upgrade to an Official Community Development Partner, do I need to reapply to become a Deposit and Withdrawal Partner?

No, the system will automatically upgrade to Community Development Partner tier and automatically activate the Deposit and Withdrawal Partner role if you level up again.


More information:


How to use the orders management function for Deposits/Withdrawals Partner?

Step 1: Select the Partner tab, on Account section


Step 2: At the Partner interface, users can check the following information:

  • Opening orders: List of direct deposits and withdrawals orders waiting to be received.
  • Order History: Displays the history of direct deposits and withdrawals.
  • Achievements: Displays parameters related to Total Volume, Total Commission, Commission Rate for each specific time period.
  • Information: Displaying detailed information of the Partner, the Partner can also adjust the on and off of receiving deposits and withdrawals transactions and set the limit on the volume of deposits and withdrawals according to the needs.
  • Commission history: A list of commissions for each Buy and Sell orders that generate commissions, partners can also check the details when clicking on each commission to see information about the arising purchase/sell transaction. commission, from which user the same transaction code generates the user's fee

Best Regards,

Nami reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reasons without prior notice


Risk Warning:

Digital asset prices can be volatile. The value of your investment may go down or up and you may not get back the amount invested. You are solely responsible for your investment decisions and Nami is not liable for any losses that might arise from your investment. This information should not be regarded as financial or investment advice.


About Nami Corporation

Nami Corp. is a FinTech startup operating in the field of Investment and Technology based on Blockchain technology. Over the years, Nami has developed an ecosystem of key products and services to comprehensively support investors, optimize community benefits with the slogan “Change mindset, make giant steps”.

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