Walt has announced a new two-week referral competition offering $8,000 in prizes every week, giving users an opportunity to earn rewards by inviting friends to trade on the platform.
The campaign features a weekly leaderboard, cash prizes for the 50 participants who refer the most qualifying friends, and an additional prize draw for other eligible leaderboard participants.
According to Walt's announcement, the first-place participant each week will receive $1,000, while second and third place will earn $700 and $500, respectively.
The competition is designed to make participation accessible, with just one qualifying referral needed to enter the leaderboard.
The first week runs until October 30, 2026, and the complete prize structure, leaderboard and results are available through Walt Rewards.
How Walt's Referral Competition Works
The new campaign rewards users based on the number of friends they successfully refer to Walt.
Participation involves a straightforward process.
Step 1: Share Your Referral Link
Users can access their referral link through Walt and share it with friends interested in joining the platform.
Step 2: Invite Friends to Trade
After joining through the referral link, a referred friend must complete a trade worth at least $50.
According to the announcement, this is the qualifying activity required for the friend to count toward the competition.
Step 3: Climb the Weekly Leaderboard
Each qualifying friend contributes toward the participant's referral count.
The more qualifying friends a participant brings, the higher they may rank on the weekly leaderboard.
Participants who finish among the Top 50 can receive ranking-based prizes.
Importantly, Walt states that one qualifying friend is enough to compete for rewards.
Top 50 Participants Receive Weekly Prizes
Walt has introduced a leaderboard-based reward system for the competition.
The 50 participants who refer the most qualifying friends each week will receive prizes based on their final ranking.
The announcement confirms the following rewards:
Leaderboard Position | Weekly Prize |
|---|
1st Place | $1,000 |
2nd Place | $700 |
3rd Place | $500 |
4th–50th Place | $300 down to $50 |
The complete breakdown for positions four through 50 is available in Walt Rewards.
This structure rewards the highest-performing participants while extending prize opportunities to a broader group of users.
Additional $1,500 Prize Draw for Leaderboard Participants
Beyond the Top 50 rewards, Walt has announced another opportunity to win.
Participants who appear on the leaderboard but do not finish among the Top 50 will enter a separate prize draw.
A total of 30 participants will receive $50 each.
That represents an additional:
30 winners × $50 = $1,500
The draw gives participants with fewer qualifying referrals a chance to receive a reward.
For users who invite only one qualifying friend, this creates an opportunity to compete without needing to reach the highest leaderboard positions.
However, entry into the draw does not guarantee a prize.
Two-Week Campaign Offers $16,000 in Advertised Prizes
The referral competition is scheduled to run for two weeks, with Walt advertising $8,000 in prizes each week.
Based on the announced weekly amount, the campaign's total advertised prize pool is:
Campaign Period | Prize Pool |
|---|
Week 1 | $8,000 |
Week 2 | $8,000 |
Total | $16,000 |
The campaign's first week concludes on October 30, 2026.
The supplied announcement does not specify the exact start and end times, time zone, or second week's final deadline.
Participants should consult Walt Rewards for the official campaign schedule and complete eligibility conditions.
Why the $50 Trading Requirement Matters
The competition differs from referral campaigns that reward users simply for inviting someone to register.
Under Walt's announced rules, a referral counts only after the invited friend completes a trade worth at least $50.
This means sending a referral link or registering an account alone is not sufficient to generate a qualifying referral.
The requirement connects the competition to actual trading activity on the platform.
However, the announcement does not clarify whether multiple trades can be combined to reach the threshold or whether specific trading products are excluded.
Participants should review the official campaign rules before relying on a particular transaction to qualify.
Where to Check the Leaderboard and Rewards
Walt has directed participants to Walt Rewards for the complete campaign information.
The Rewards section includes the full prize table, leaderboard and competition results.
Users can monitor their standing and check whether their referrals have qualified according to the campaign's rules.
The announcement does not provide a separate public URL for the competition leaderboard.
For accurate information, participants should use Walt's official application and verified communication channels.
Referral Competitions and Telegram's Crypto Ecosystem
Referral campaigns have become a familiar feature of cryptocurrency applications, particularly those operating within Telegram's broader ecosystem.
They encourage users to introduce trading platforms to friends and communities through shareable invitation links.
Walt's new campaign combines this approach with a performance-based leaderboard and a random prize draw.
The weekly format also creates separate opportunities for participants to compete during the two-week promotion.
However, trading solely to qualify for a reward can involve financial risk.
Participants should consider trading fees, market volatility and the possibility of losses before completing transactions.
What Participants Should Know
Users interested in joining should pay attention to several important conditions.
First, a referred friend must complete a qualifying trade of at least $50.
Second, leaderboard prizes depend on final weekly rankings rather than the number of invitations sent alone.
Third, participants outside the Top 50 may qualify for the additional $50 prize draw if they appear on the leaderboard.
Finally, the exact prize allocation for positions four through 50 and any additional eligibility requirements should be checked in Walt Rewards.
Users should also avoid unofficial referral links, fake reward announcements and anyone requesting wallet credentials to claim a prize.
Conclusion
Walt's new two-week referral competition offers $8,000 in weekly prizes, including $1,000 for the first-place participant.
The campaign rewards users who invite friends to complete qualifying trades of $50 or more.
Each week, the Top 50 participants receive ranking-based prizes, while 30 additional leaderboard participants can win $50 each through a separate draw.
With the first week ending on October 30, 2026, users can follow their progress and review the full reward structure through Walt Rewards.
The campaign represents another addition to Walt's rewards ecosystem, combining referral participation with leaderboard competition and prize opportunities.
