How BackBet Calculates Your Cashback (The Full Math, Nothing Hidden)

Most cashback sites show you a percentage and a balance and ask you to trust the space between them. We'd rather show you the pipeline.

Step 1 — The exchange reports commission. As an official partner, BackBet receives commission data from each exchange: which linked account generated fees, and how much commission those fees produced. For MEXC this arrives on a daily cycle through their affiliate API. For Mimo, Dragon Lab reports figures that we reconcile weekly.

Step 2 — The share rate is applied. Each exchange card on our site shows its rate — 50% on MEXC and Mimo today, up to 70% on some future listings. The formula is one line: your cashback = reported commission × share rate, rounded to the cent. There are no tiers you can't see, no "up to" games where the real number hides in a footnote. The rate on the card is the rate in the code.

Step 3 — A ledger entry is written. Every reconciled commission becomes a row in your history: the period, the exchange, the original commission amount, and your cashback. We show the commission figure deliberately — it's the number that would normally be invisible to you, and it's the one that lets you audit us.

Step 4 — Your pooled wallet updates. All cashback lands in one balance. Available funds are the sum of reconciled entries minus any withdrawals; pending amounts are shown separately and never inflate your withdrawable number.

What we don't do: we don't invent volume figures we can't measure (if a stat isn't tracked yet, your dashboard shows a dash, not a fake zero). We don't count unverified activity as money. And we don't promise payout speeds an exchange can't deliver — each card states its real schedule.

Cashback platforms live or die on trust. Ours is designed so you don't have to extend any: the ledger does the arguing.