Feebacker.com User Agreement
The service feebacker.com (hereinafter referred to as the Service) is registered in Washington State, USA (Feebacker LTD, UBI Number: 605 907 540), provides services for the return of trading commissions from exchanges and informational support to clients.
FEEBACKER LTD
UBI Number: 605 907 540
Registered office address
701 5th Ave, Seattle, WA 98104, US
More information at CCFS WA Gov
Any legally competent person who has reached the age of 18 may become a customer (hereinafter referred to as the Customer) of the Service. By using the Service, the Customer agrees to all the terms and conditions of the Agreement.
- Key points.
1.1. The client carries out trading transactions for the purchase/sale of digital assets on trading platforms (hereinafter referred to as Exchanges). For convenience, we will refer to active exchange participants as Traders. For each transaction, the Exchange retains a portion of the funds as a commission for its work. Commissions directly depend on the trader’s trading volume, their account level on the Exchange, and the commission percentage on a particular Exchange. Commissions seem small in the short term, but in practice they can reach tens or even hundreds of thousands of dollars per year.
1.2. Each exchange has an affiliate program designed to encourage third parties (hereinafter referred to as Referrers) to invite new traders to the exchange. Referrers are often well-known bloggers, news resources, or cryptocurrency services. The exchange pays the Referrer a portion of the commissions received from the transactions of each trader they invite. The invitation is recorded when the trader clicks on the Referrer’s referral link and registers an account on the exchange. The percentage of commissions returned to the Referrer by the exchange can be up to 60% of the amount received.
Thus, it is beneficial for the Inviter to have as many new traders as possible register on the exchange using their link. And for them to generate as much trading turnover and commissions as possible.
At the time of writing this Agreement, the situation on the cryptocurrency market is such that Referrers do not like to share their commissions with traders. They often ask you to register using their links “for free,” or they present promotions and offers from exchanges as their own. It is also common practice to offer “help” in difficult situations that will never happen to you.
1.3. The Feebacker service was created by traders for traders to minimize clients’ exchange commission costs. We return 75% of the commissions received back to traders and provide our clients with informational and legal support when interacting with exchanges.
Every trader who decides to become a Feebacker.com client receives:
– Fixed refund of 75% of commissions received by the Service;
– Information assistance with exchange offers;
– Individual promotions from the Service and exchanges;
– Resolution of any situations with exchange representatives, legal assistance;
– VIP concierge service upon reaching monthly turnover conditions;
- Refund of fees by the Service.
2.1. Each exchange has its own commission rebate rates for partners. These rates are often variable, and temporary promotions, vouchers, and other indicators are often deducted from the commission amount. Since exchanges cannot offer a fixed rebate percentage, we cannot promise a fixed percentage rebate on customer commissions.
Therefore, the Service guarantees a refund of 75% of the actual amount of commissions received from the Exchange for the Client’s trading. For example: Did the Service receive $1,000 from the Exchange for your trades? We will pay you $750 cashback. The most honest terms possible.
2.2. To be eligible for cashback, the Customer must be registered on the exchange via the Service’s referral link. If the Customer already has an account registered via another link, they can re-register their account by following the instructions:
Registering/Re-registering an account on Binance
Registering/Re-registering an account on Bingx
Registering/Re-registering an account on Bybit
Registering/Re-registering an account on Gate
Registering/Re-registering an account on Kucoin
Registering/Re-registering an account on OKX
If the Customer encounters difficulties, they can contact the Service support team for advice.
2.3. To receive cashback from the Service, the Client must register with the Service’s Telegram bot @Feebackerbot and save their personal data (exchange account details and wallets for receiving cashback). Between the 1st and 5th of each month, the Customer must submit a cashback request for all active accounts for the previous month. The Service processes applications within 7 calendar days, and the customer receives a notification about the new status of the application based on the results of the processing. If the application was not submitted by the Customer by the 5th inclusive, the Service does not pay cashback for the previous month.
2.4. The minimum cashback amount is $5. We recommend ordering cashback without commission on Tether BEP20. Payment system options and their commissions:
Tether BEP20 (preferred): from $5 with no commission
Tether TRC20: from $5, commission $1.5
Tether ERC20: from $5, commission $1.5
Ethereum: from $20, commission $4
Bitcoin: from $20, $2 commission
2.5. The percentage of affiliate remuneration from each exchange may vary from month to month. The Client can always view the current commission rates in the bot.
2.6. To summarize, the key points for the Client to receive cashback are:
– Register/re-register an account on the exchange via the Service link (clause 2.2);
– Register with the Telegram bot @Feebackerbot;
– Register account and wallet details for payments in the bot;
– Between the 1st and 5th of each month, submit a cashback request via the bot for each account that was active in the previous month.
– (optional) Subscribe to the @Feebacker Service channel to receive notifications promptly.
These simple steps will help you significantly increase your trading profits. Don’t give your commissions away to people you don’t know, for reasons you don’t understand.
- Responsibilities and rights of the Service.
3.1. The service guarantees payment of 75% of the commissions received from the exchange within the period specified in clause 2.3.
3.2. The service constantly communicates with exchange representatives to obtain the most favorable partnership terms. Clients can check the current terms for each exchange in the bot in the “Current Terms” section.
3.3. In the event of a dispute (for example, if the Client considers the cashback amount to be incorrect), the Service undertakes to contact the Client and provide them with evidence (photos or videos) from the Partner Account showing the amount of commission received from the Exchange.
3.4. The Service guarantees to pay 75% of the actual amount of commissions received. If the Service does not receive a commission for any reason, cashback will not be paid to Clients. All claims regarding the amount of commissions received can be addressed by the Client to the exchange’s support team. The Service does not influence the affiliate policies of exchanges and their decisions in any way.
3.5. The Service has the right to refuse to cooperate with the Client without explaining the reasons. In this case, the Service pays 75% of the commissions actually received to the Client and terminates the Agreement. This clause serves as a warning to fraudsters, terrorists, and people with a categorically negative perception of the world around them.
3.6. All disputes and disagreements shall be resolved through negotiations between the Client and a representative of the Service. If, as a result of reasoned negotiations, consensus cannot be reached, the Client has the right to apply to the court at the place of registration (to be honest, the main judge for us is our reputation).
3.7. The service guarantees complete confidentiality for its customers. Under no circumstances do we transfer customer data to third parties. In the most extreme cases, we will pretend that we do not know you. But we will still not give away your data.
- Customer’s responsibilities and rights.
4.1. The Customer is entitled to receive the list of services specified in clause 1.3, subject to compliance with the simple terms and conditions of use of the Service.
4.2. The service does not assume the right to dictate anything to the Client. Blockchain gives everyone a chance for financial freedom. If the above points are observed, our cooperation will be long and pleasant.