The Referral Program allows you to earn bonuses for inviting friends and family to join and fund your Vest investment account.
General Program Rules
Who can participate in the Referral Program?
The program is available to the general public. However, bonuses can only be credited to an active Vest investment account in the participant's name. If you do not have a Vest investment account, you will not be able to participate in the program.
Does the program have an end date?
The program is valid starting from June 14, 2024, and has an indefinite duration. Vest reserves the right to modify, suspend, or terminate the program at any time and without prior notice.
What is an "Effective Referral"?
An Effective Referral is a person who meets the following criteria:
Is a new Vest user.
Uses your referral code when registering.
Completes the process of creating their investment account.
Makes a single first deposit equivalent to or greater than $100.00 or $400.00 USD within 60 days of opening their account.
Bonuses for you as the referring user
How much can I earn for referring a friend?
The amount of the bonus you receive depends on the amount of your Effective Referral's single first deposit:
$10 USD Bonus: For each Effective Referral who deposits at least $100 up to $399 USD.
$25 USD Bonus: For each Effective Referral who deposits $400 USD or more.
When do I receive my bonus?
Your bonus will automatically be reflected as funds available for investment in your Vest investment account once the process has been reviewed and approved by our system.
Can I withdraw my bonus?
Yes. You can withdraw the amount obtained from your referral bonuses to your bank account once 90 days have passed since their reception and application. Or if you wish, you can use them to expand your investments.
Bonuses for your referral
What does the Effective Referral earn?
The Effective Referral receives a 5% Bonus on the value of their single first deposit in their Vest investment account.
Is there a limit to the Referral bonus?
Yes. The maximum bonus value the Effective Referral can receive is $50
When does the Referral receive their bonus?
The applicable bonus is delivered on the 15th or the last day of each month, whichever comes first, after the first deposit has been verified and approved. If you have questions, you can contact the team at soporte@mivest.io
Additional Provisions
Does the program cover transactional withdrawal costs?
No. The Referral Program does not cover transactional costs (transfer fees) when withdrawing the amount obtained from the bonuses.
What happens if there is cheating or violation of the terms and conditions?
Any violation of the established rules may result in the suspension of your account. The right to receive bonuses will be lost if the account of an Effective Referral or the referring user is found to be in violation of Vest's policies.
See the program terms and conditions [here]