YieldStreet Referral Link: Earn a $100 Bonus [Jan 2024]
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YieldStreet Referral Link: Earn a $100 Sign up Bonus
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Are you thinking of starting your investment journey? The barriers of access to the stock market and private investing are becoming increasingly lower – making it more accessible than ever to grow your financial portfolio. Yieldstreet is one of the latest platforms to offer users access to private investments.
It works as a streamlined platform that gives you the best of potential returns using the latest in technological innovation. The platform gives you access to top investment managers from institutions like Harbor Group International, Bonnacord Capital Partners, and StepStone.
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Yieldstreet has been featured in Business Insider, CNBC, Yahoo!, and nerdwallet. The Yieldstreet referral program makes it easy to kickstart your investment portfolio. You’ll get $100 to start your investments when you sign-up with a Yieldstreet referral link. You can also earn up to $2,000 per calendar quarter by inviting up to 20 friends to join Yieldstreet.
We’re sharing everything you need to know about Yieldstreet, its investment accounts, and their referral program. This step-by-step guide takes you through the process of signing up for Yieldstreet through its Yieldstreet Invitation Program.
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What is Yieldstreet?
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Yieldstreet is an innovative investing platform that offers users access to private markets. It exists to breakdown unnecessary barriers that prevent most potential investors from accessing these lucrative markets. The platform’s mission is to make investing quick, easy, and as streamlined as possible.
Since 2015, Yieldstreet has been helping investors access private markets and diversify their opportunities. The platform is “reimagining wealth creation” by giving access to alternative investments that were “previously reserved only for institutions and the ultra-wealthy”. It’s the latest step towards opening the investment industry to everyday citizens.
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Yieldstreet is on a mission to help millions of people generate $3 billion of income outside of the traditional public investment markets by 2025. This so-called modern investment portfolio has already been recognized as an industry leader by Inc. 5000 and the Financial Times.
As a Yieldstreet user, you’ll get access to vetted investment opportunities. The system’s technology analyses billions of dollars’ worth of deals on its users’ behalf. So far, they’ve reviewed over $34 billion in deal volume, closing over $3.1 billion. Yieldstreet’s close rate by $ value of deals since its inception is 9.29%.
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This process means that only a small number of investment opportunities pass Yieldstreet’s yetting process and are offered to the platform’s investors. When an investment opportunity is added to Yieldstreet’s platform, users are able to decide if the opportunity meets the needs of their portfolio.
The investments performance is regularly reported to the investors throughout the process. Any interest payments on debt investments are paid on a monthly or quarterly basis. You can track the performance of your investments through the app at all times.
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Yieldstreet’s Referral Program
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Like most financial platforms, Yieldstreet has a generous referral program. The ‘Yieldstreet Invitation Program’ is the platform’s chosen referral reward system. It’s worth noting that this referral program is only accessible for users in the United States.
Yieldstreet’s referral program allows you to earn $100 by signing up through a referral link. Unlike other programs, you don’t have to start depositing money or invest a certain amount of capital to qualify for the credit. It will be automatically applied to your Yieldstreet wallet and can be put towards the $500 minimum investment threshold.
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You just to meet the terms that Yieldstreet sets out for being a “qualified new account”. We’ll be covering these requirements later in this guide. You don’t need to be an accredited investor to be able to get the most out of Yieldstreet. The platform only requires $500 as a minimum investment, making it ideal as a first step into private market investing.
By utilising the Yieldstreet referral program, you can up to $2,000 to your portfolio every calendar quarter through referral credit. With its lower requirement threshold, it’s easy for you to start sharing your referral link to earn credit.
If you want to check out other referral programs from similar platforms, check out Tastyworks referral and M1 Finance referral.
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How to Sign Up for Yieldstreet
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The good news is that setting up your Yieldstreet account couldn’t be easier. We’re giving you a step-by-step guide on how to set up your Yieldstreet account and get your $100 referral credit. If you choose to verify your accreditation as an investor, this process is a little longer.
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1. Sign up for Yieldstreet using our YieldStreet referral link
The only way that you can get your $100 referral credit is by signing up to Yieldstreet through a referral link. You can start the sign-up process by clicking our Yieldstreet referral link.
You’ll start by adding your basic information to open your account. Yieldstreet will also require you to verify your identity by providing a photo of your government ID. A passport or driver’s license will be accepted. You’ll also need to provide your date of birth, social security number, and address. This information is required for Yieldstreet to be able to produce a K1/1099 for your investments at the year end.
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2. Finish setting up your Yieldstreet account
After you sign up for Yieldstreet, you’ll need to complete a number of steps to become a “qualifying new account”. You’ll need to complete the ‘know-your-customer’ requirements and confirm your identity.
In order to add money to your Yieldstreet wallet, you’ll need to link an external bank account to your Yieldstreet profile. All these steps must be complete within 30-days of the invitation being sent or accepted.
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3. Verify your accreditation – if required
This next step doesn’t apply to every Yieldstreet user. If you want to invest in the Yieldstreet Prism Fund, you don’t need to verify your accreditation status to start investing. If you plan to invest in single asset class offerings, you’ll need to verify your status.
You’ll be required to submit documentation to Yieldstreet that confirms you meet the requirements to be an accredited investor. It’s worth noting that you’ll need to make at least $200k/yr for the last two years to qualify to become an accredited investor. Most Yieldstreet users will therefore not need accreditation.
You’ll still get access to the Growth & Income REIT and the Yieldstreet Prism Fund without needing accreditation. These options are available for an initial investment of at least $500. You can put your $100 referral bonus to good use with your initial $500 investment.
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4. Enable two-factor authentication (2FA) on your Yieldstreet account
There are times when Yieldstreet will require users to implement two-factor authentication. You may also decide to implement this as your own preference. Setting up 2FA is straightforward. Simply download the app on your phone, along with the Authy authenticator app. You’ll see a code that is generated in the Yieldstreet section of your Authy app.
Alternatively, you can enable 2FA through SMS text. Like other platforms, you’ll be sent a code by SMS to use when logging into your Yieldstreet account. Similarly, you can also choose to have the code sent through a phone call instead of SMS.
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5. Start investing with your Yieldstreet account
When you’ve finished setting up your Yieldstreet account, you can start depositing money from your linked bank account into your Yieldstreet account. One of the reasons why Yieldstreet is becoming popular is due to its investment opportunities and focus on diversification.
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How to Refer Your Friends to Yieldstreet
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When you have a Yieldstreet account, you’ll get access to an exclusive referral program. You can send friends invites directly through Yieldstreet or by sharing your Yieldstreet referral link.
You’ll earn $100 for each qualifying new account that signs up using your link. Yieldstreet allows you to earn up to $2,000 per calendar quarter – meaning 20 qualifying new accounts. This limit is significantly higher than what you’d find from most investment platforms. Your referral bonuses will be added to your Yieldstreet wallet.
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What makes Yieldstreet’s referral program unique is that it doesn’t require the invitee to make an investment or purchase for you to receive the $100 credit. Most investment platforms will require new accounts to deposit a specific amount of capital for either party to access their referral credit.
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Final Thoughts on Yieldstreet
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If you’re looking to get serious about your investing, Yieldstreet is a great platform to get involved with private market investment. Minimum investments start at just $500, helping to break down the barriers of access to the private market. Signing up through a referral link will help you on your way to the first minimum investment.
What makes Yieldstreet unique is its generous referral program. You can earn up to $2,000 per calendar quarter if you get 20 friends to sign up for Yieldstreet. This generous referral program makes it easier build your investment portfolio in the private market.
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You want to get ahead of the curve and join Yieldstreet now to allow you to recommend it to your friends. Those referral credits will start mounting up in no time.
With this step-by-step guide, it’s easy to sign up for your Yield Street account and get exclusive access to private markets. Don’t forget to use our YieldStreet referral link to start your investing journey with Yieldstreet.
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