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PREVIOUS:Both the referrer and the new user usually receive cash rewards or bonuses that can be applied to future investments after a referred friend successfully registers and completes the necessary steps. In addition to motivating current users to share the word, this two-pronged incentive system makes new users feel welcome and valued for joining the community. Participants in the Refer and Earn program can take advantage of special offers or promotions that may occasionally be available in addition to financial incentives. These might include access to the app's premium features or lower fees for specific transactions. Also, Groww expands its investor community by bringing in more members through referrals, allowing them to exchange strategies, advice, & knowledge for profitable investing.NEXT:Usually, users want to know exactly what their referrals need to do in order to get rewards. After a referred user completes their KYC verification & makes an initial investment, rewards are typically credited; however, specifics may change depending on Groww's ongoing promotions or updates. Whether there are restrictions on the number of friends or family members one may recommend is another commonly asked question. While some programs limit the number of people that can be referred, Groww encourages users to refer as many people as they like. In addition to increasing user engagement, this open-ended strategy creates a feeling of community among investors who are keen to share knowledge.

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