In order to be eligible for the Referrer’s Yield, all you need to do is introduce people you know, or businesses to Kinesis, by sharing your unique referral link with them. You’re then automatically entitled to 7.5% of all their transaction fees accumulated from their spending of KAU, KAG and crypto, as long as your referees are KYC’d and remain active.
The Referrer’s yield is calculated from the total transaction fees, for any given month, that are accumulated by all system participants that Kinesis has registered as your referees. This includes fees generated from their Kinesis Money accounts, as well as any external, standalone wallets that they have linked to their Kinesis Money accounts.
The specific transaction fees that are included to build up that total are:
All these fees sum up to create the Master fee pool, 7.5% of this total is then paid to you as the Referrer’s yield.
No, there is no minimum transactional volume requirement, as long as your referees remain active. You will receive a 7.5% share of every transaction (trading, sending and spending) your referee has made throughout any given month.
All transaction fees generated by your referrer in KAU, KAG, fiat and cryptocurrency pairs are converted into KAU and KAG proportionally (50:50) at the end of the day.
Yes. You will receive the Referrer’s yield on all transaction fees generated by your referee’s trading, sending and spending in KAU, KAG and all crypto and fiat currencies available within the Kinesis Money system. The yield is calculated and paid in KAU and KAG only.
All activated yields are paid monthly, in the first week of each following month, for all yields accrued in the previous month.
Your earned yield will be paid into your Kinesis Money KAU and KAG account. You can keep track of your yield via the yield dashboard in the Kinesis Money platform.
Thanks to the ‘send-to-email’ feature, which enables the sending of gold and silver with only the email address of the recipient required, Kinesis account holders are able to invite new users onto the Kinesis Money platform, making the sender automatically eligible to receive the Referrer’s yield.
If a recipient, who did not previously hold a Kinesis account, accepts the funds and creates an account, the sender becomes eligible for the Referrer’s yield.
Thanks to the Kinesis Referral Rewards program, effective from the 6th of April 2022, all referrers and their invited users, who sign up to Kinesis Money with the unique referral link, will be rewarded just for referring new users or joining, making their first US $100 deposit in digital assets or cash and reaching a minimum trade volume of $3,000 in assets.
See our walkthrough for everything you need to know.