Coinstancy launches a new referral program with rewards for both sides
Coinstancy has launched a new referral program, giving users a way to earn rewards when they introduce friends to the platform.
Referrers earn a reward equal to 2% of the yield generated by their referred users’ savings. Referred users receive a $10 welcome bonus once they deposit at least $100 into a savings product.
The program combines an incentive to get started with rewards linked to ongoing savings activity, giving both sides a reason to take part.
Earn rewards on your friends’ savings
The referral reward is based on the earnings generated by the referred user’s savings, rather than the amount they deposit.
For example, if a referred user generates $100 in savings yield, the referrer earns $2 in referral rewards. The calculation is straightforward: savings yield multiplied by 2%.
This distinction matters. The program does not offer 2% of deposited capital or add two percentage points to a savings product’s APY. It rewards the referrer with an amount equivalent to 2% of the yield their referral generates.
Every savings deposit counts
Referral rewards extend beyond the referred user’s first deposit.
Each deposit into savings contributes to the yield on which the referrer’s reward is calculated. When a referred user adds more funds, the earnings generated by those additional deposits also count.
This makes the program more than a reward for a single transaction. It connects referral earnings to the referred user’s ongoing use of Coinstancy’s savings products.
The principle stays the same throughout: the reward follows the yield generated, not simply the movement of funds into an account.
A $10 welcome bonus for referred users
New users joining through a referral receive a $10 bonus once they deposit at least $100 into a Coinstancy savings product.
The qualifying action is a deposit into savings. Funding an account without allocating the funds to a savings product does not meet that requirement.
The $100 threshold applies to the referred user’s welcome bonus. The referrer’s 2% reward is calculated separately, based on the yield generated by the referred user’s savings deposits.
This gives newcomers a clear starting point while keeping the two sides of the program easy to understand.
Building Coinstancy through its community
The new referral program gives users a direct way to participate in Coinstancy’s growth by sharing the platform with people they know.
It also keeps the reward connected to the product itself: the referred user starts saving, receives a welcome bonus, and generates earnings that form the basis of the referrer’s reward.
The new program is now available through the Coinstancy platform, bringing yield-based referral rewards and a welcome bonus into the savings experience.