Over the course of months, we invested over $500,000 into marketing campaigns, user acquisition funnels, paid ads, community building, and support systems. Our goal was clear: to help BullX grow by bringing real, high-value users to the platform. And we delivered – with more than 23,000 active traders joining through our affiliate efforts.
But instead of honoring their commitment…
BullX deliberately wiped our affiliate records, stole our commissions, and erased every trace of our contribution.
No warning. No explanation. Just silence – and theft.
They took the users. They took the revenue. And they shut the door on the very partners who helped build their success.
This is not a technical error or a miscommunication.
This is a calculated act of fraud – and we are here to expose it.
🔥 PART 1: How We Brought BullX Over 23,000 Active Clients
Over the course of our campaign, we invested heavily in advertising, funnel development, content creation, and audience targeting to bring more than 23,000 real users to BullX. We did invest and spend almost half a million US dollars for this campaign!!!
- These were not bots. These were verified, KYC-completed users who signed up and began trading.
- Many became long-term active traders, generating substantial revenue for the platform.
- Our affiliate deal was clear: we would receive a 35% percentage of the trading volume or profit per user.
- For weeks, everything tracked correctly – commissions were reflected and paid accordingly.
We built trust. We delivered results. And BullX made millions thanks to our users.
We signed the BullX Influencer NDA on 24th Aug, 2024. We completely followed the Terms and Conditions that we agreed and signed with BullX, and as you can read, there’s no restrictions mentioned about PPC/brand bidding/running ads on Google. That’s why we decided to invest and built up a plan to promote BullX and have started executing the plan since October, 2024. You can see in the image 1, we’ve got:
- 23491 referrals in total
- trading volume of $141.06M
- commission earnings $254,620
Which we’ve believed that we should have been in the Top Affiliate of BullX. And indeed, we got Tier S+ for this.
Here’s the commission history from 23th October, 2024 to 26th March, 2025
The commission raised rapidly from hundred to thousand dollars in just 3 weeks. Not many affiliates can bring that much profit in this short period of time!!!
Then the commission bloomed from the end of November to the end of December 2024. We did reach $8000 commission in one day.
💸 PART 2: Commissions Cut, Clients Stolen – Without a Word
Then suddenly – and without any notice – the system changed:
They announced the change/addition of the platform https://neo.bullx.io/ in 16th February, 2025.
- Then, here came the issue: The commission dropped dramatically (below images). We believe that they have started moving our clients out of our affiliate system since the latest in January 2025, as the momentum of commission decreases.
- When we reached out for answers, we received vague or evasive responses.
- Soon after, we noticed something even more alarming: All 23,000+ clients we had referred were REMOVED from our affiliate system in the new platform.
- These clients were migrated to a new version or platform under BullX, but our affiliate tracking was not carried over.
- When we inquired, BullX could not provide any legitimate justification.
- It became clear this was not a bug. It was a calculated move to cut us out of future earnings.
Months of work, millions in revenue – erased in a moment.
🚫 PART 3: Complete Lack of Transparency & Support
What followed next was perhaps even worse:
- We were removed from official Telegram affiliate groups – without warning, without explanation.
- We were added to a Telegram group with a total of 7 members. My account is the only affiliate there with all others are BullX personals.
- During the beginning of partnership, these two guys usually answered my questions: @gigajuan and @RKade4067
- Recently, a new guy added and he was doing the support job: @tok_kai
- Out of the sudden, our account got kicked out of the group on the 26th March, 2025. We haven’t had a chance to save any screenshots of the group chat.
- Our messages to support were ignored or met with scripted, noncommittal replies.
- BullX’s affiliate management team went completely silent, refusing to acknowledge or take responsibility.
Check the following images for more details
1. Created a ticket but got closed immediately!!!!
2. Reached out to support and got the irresponsible and distracting answers
3. Reached out to the Discord community and again, NO CLEAR
EXPLANATION!!!
This isn’t just poor communication – it’s a deliberate attempt to stonewall and silence affiliates.
They hoped that by ignoring us, we would go away.
They thought silence would be their shield.
But we refuse to let this go unheard.
⚠️ PART 4: If BullX Can Betray Affiliates, Can Traders Feel Safe?
We were business partners. We brought BullX tens of thousands of users and built their brand credibility.
If they’re willing to:
- Lie to partners
- Cut commissions without warning
- Steal users we spent money to acquire
- Erase data and ghost communications
…what would stop them from doing worse to their own customers?
Can a platform that deceives its closest contributors be trusted with client funds, KYC data, or trading activity?
🚨 Final Statement to BullX
You profited from our work, then you cut us out.
You used our users, our money, our time – and then deleted us from your system like we were never there.
We gave you value, and you gave us betrayal.
This is your legacy unless you choose to make it right.
📣 What We Want
- Full reinstatement of our referred user records
- Back payment of all commissions owed
- Transparent explanation from BullX regarding your actions
- Public accountability for how you treat affiliates
📣 IF BULLX DID NOT TAKE A SINGLE ACTION TO RESOLVE THIS PROBLEM
- We will keep this posted and also spread the words, not only here. Remember how many clients we have brought to you? Consider the damage we’re bearing and you need to suffer as well.
- We will report your domain as SCAM and it could be locked. Again, think about the damage you will face.
✅ How Readers Can Help
- If you are:
- An affiliate who experienced similar actions from BullX
- A former client who signed up through affiliate channels
- A journalist, reviewer, or watchdog for Web3, trading, or fintech companies
📩 Please contact us or share this page. Let’s stop this cycle of affiliate exploitation.