Update 4/21/22: Offer available again, only requires a deposit of $500+ for 60 days now (previously $1,000 for 90+ days)/
Contents
The Offer
- Domain Money is offering a $50 referee bonus (person being referred) and $50-$15000 referral bonus (person referring) when the new user deposits $500+ and maintain that balance for 60+ days
Our Verdict
Deal is valid for the first 20,000 people only. Domain Money seems to be a stock/crypto trading platform. Can’t really find much out about Domain Money, probably doesn’t hurt to sign up for this now as it’s in waitlist mode and then do more research once they finally launch. I’d always be cautious about things like this though as $1,000 is a significant risk. Feel free to share your referrals in the comments below.
Hat tip to reader Peek
I have received my first $50 BTC bonus for referring a friend. Thank you so much,
Jake.
No problem, thank you too. Now only down $250 for holding during the crash 😆
In chat, they told me whether or not my refrerrer and the people I referred had completed their side of the offer.
Also, their FAQ about the old referral bonus is pretty good (they might’ve recently added some of this info).
https://help.domainmoney.com/en/articles/5902536-waitlist-referral-bonus-program
“What happens if the price of crypto goes down?
Once you buy $1000 of crypto, the price of the cryptocurrency does not impact your eligibility. For example, if after purchasing $1000 in crypto the price of the asset were to go down, causing your holdings to be worth $900, you are still eligible. Additionally, you may sell for USD at anytime (even if worth less than $1000) and as long as you hold the assets on the platform and for 90 days (as well as any other eligibility requirements), you are still eligible.”
“When will the bonus be paid?
After 90 days from the time you made your first deposit, we will check eligibility on a bi-monthly basis, so once you reach your 90-day mark, please allow an additional 2 weeks to be notified by our team.”
DP from the first offer for $150 referrer bonus & $50 referee bonus. P1 and P2 both opened and funded with $1k each on 2/22. P1 referred P2. Both P1 and P2 traded $1k in & out of BTC on 2/24. Each position was held for maybe an hour then liquidated. Cash was left in the account afterward. On 5/13 P2 received a $50 bonus in BTC, 78 days after meeting the requirement. P2 then withdrew the cash today, on day 91 from trade date P1 is still waiting for the $150 bonus to post. I’ve emailed support and will report back when I know more. We are both on iPhones with iOS.
I haven’t been paid my $150 either. 😢
Update: I just received the $150 for P1. I contacted customer support through the app asking when the bonus would be paid, and they replied promptly and credited my account. Very friendly rep. Remember the terms of the original deal were that the person being referred needs to deposit $1,000 and trade that into crypto. You can then hold the position or sell immediately, doesn’t matter, but you do need to keep the deposit on the platform for 90 days. After that you can withdraw. If you have less than the initial $1,000 after selling the position, that’s fine, they don’t penalize you for that.
Based on some early comments on this thread, I don’t think stable coins count. You may want to check directly with Domain to be sure.
If you want to truly minimize risk, you can buy and then immediately sell something like BTC. Your $1,000 will become $970 due to paying $30 in fees roundtrip, but you’ll only own the asset for about a minute, so there will be almost no time for the value to fluctuate. Then you keep that $970 as cash on the platform for 90 days. When they pay you the bonus of $150 worth of BTC, sell that immediately as well. You’ll pay $2.24 of fees to liquidate that, and walk away with $147.76, which is a net gain of $117.76 when factoring in the $30 in fees to buy & sell the $1,000 in the first place. Ultimately that’s not super interesting as a standalone bonus, but if you are in 2-player mode or referring several people, that can get interesting very quickly.
Referral Requirements:
$500 Minimum: Referrals must make a qualifying strategy investment or trade of $500 or more within 30 days of creating their account,
60-Day Hold Period: Referrals must keep their investment on the platform for 60 days.
Some are still posting their old and expired referral links from the waitlist promotion. If you are signing up, please use a valid referral link from existing account holders which should start with “domainmoney.app.link”
I used EK’s link to sign up. Mine is https://domainmoney.app.link/refer-a-friend?code=2LPVMC
Has anyone gotten the bonus from the first offer?
good question.. it’s been many months too
Carrie
https://try.domainmoney.com/?r=RjDm9
Thanks in advance!
Thanks for the update, doc. Here’s mine:
https://domainmoney.app.link/refer-a-friend?code=BFXGTW
“thanks for reaching out! We’re so glad to hear that you are looking to refer your friends and family.
The Android app is just a few weeks away from being live. The original referral program is still active! Any referrals during our waitlist period will still be valid. We’ll give customers 1 month after Android is available on the Play Store to send referrals and have friends and family sign up.
The first referral program is $150 to the person referring and $50 to the referral. The minimum needed to invest is $1000 in crypto. https://help.domainmoney.com/en/articles/5902536-waitlist-referral-bonus-program
The new referral program is for $50 (plus a chance to earn up to $15,000). The minimum need to invest is $500. https://help.domainmoney.com/en/articles/6060808-referral-program-refer-a-friend
Please let me know if you have any questions.
Thank you,”
Forgive me if my faith is not restored in there being an Android app. I heard “soon” in January. They have said in past correspondence that it is in Beta though.
You already posted this below man, why the spam? We’ll definitely find out whenever the Android app comes out. Gadget will make sure we do 😉
Yeah you are correct, sorry about the duplication.
TB