$5 Referral on Spaceship Voyager ($5 Minimum Deposit) (until Oct 30 2020)

1250

$5 Referral on Spaceship Voyager ($5 Minimum Deposit) (until Oct 30 2020)

Go to Deal

BargainGhost on 03/10/2020 - 11:29 spaceship.com.au (1612 clicks)
Last edited 05/10/2020 - 13:28 by 1 other user

Spaceship Voyager referral bonus for $5.

Previous post https://www.ozbargain.com.au/node/556126 expired therefore this post was made.

The $5 referral codes are valid up to 30 days until the referral system is expired on ozbargain.

Spaceship Voyager $5 referral bonus for both referrer and referee once a minimum $5 has been deposited by the referee within 14 days of signing up.

I am a Spaceship Voyager user and has no association with Spaceship Voyager.

Two portfolio to choose from: Spaceship Universe Portfolio and Spaceship Origin Portfolio.

The referral codes can be entered once you signed up.

Instruction to enter code after you signed up:

In mobile app:

Go to Account -> Referrals -> Enter Referral Code

On Website:

Go to Account (bottom left) -> Referrals -> Click on "Click Here"

Referral Links

Referral: random (186)

$10 referral bonus for both referrer and referee

Referee must add a referral code and deposit a minimum of $5 within 14 days of sign up.

(Referrer must have already deposited a minimum of $5 to qualify.)

Financial

31 Oct 2020

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closed Comments

- - - - wangasm on 04/10/2020 - 17:36
        
        @netjock: You are looking at the picture incorrectly, it is not as clear cut as that. Crypto lending actually acts similar to secured loans.
        This article explains it better https://medium.com/@CelsiusNetwork/what-we-do-how-we-do-it-9…
        
        It is similar for the many other crypto lending platforms. I've been enjoying 12% APY on my TAUD for some months now :)
        
        netjock on 04/10/2020 - 18:12
        
        -1
        
        @wangasm: LoL.
        
        Secured against an asset that doesn't generate and income because it doesn't produce anything.
        
        Music is going to stop one day but let's hope you break even. But someone will lose their capital.
        
        wangasm on 04/10/2020 - 18:17
        
        +1
        
        @netjock: Haha, people have been saying that about Bitcoin for over a decade, yet it is still here. There will always be naysayers who won't change their minds.
        I have a Visa card that I can fund directly with crypto that I use on all of my spending, something that has value will always generate income. Not sure how you can argue against that.
        
        netjock on 04/10/2020 - 19:05
        
        @wangasm: I am not saying it shouldn't exist. Gold doesn't generate an income but existed for thousands of years. Nobody is paying 13% month on month at the mainstream.
        
        But without income how does the company pay you 13%?
        
        Imagine I have your physical bitcoin and it is worth $10k and you give it to me and I promised you I will pay you designated % per annum, you still have security (whatever that means)
        
        You take a look at me and say 13% interest. Given the current interest rate environment I've got to be pretty shady for you to ask 13%
        
        whooah1979 on 04/10/2020 - 18:25
        
        @netjock: Getting traditional investors to call it an asset is the second step to mass adoption.
        
        netjock on 04/10/2020 - 19:08
        
        @whooah1979:
        
        second step to mass adoption.
        
        Adoption to do what with?
        
        Gold is already bad enough, you can actually have it physical delivery. Crypto, you can argue physical delivery is on a $2.50 USB stick.
        
        whooah1979 on 04/10/2020 - 19:20
        
        @netjock: To take investment money away from other financial instruments.
        
        netjock on 04/10/2020 - 19:23
        
        @whooah1979: Seriously.
        
        I don't think you will get many takers given it is basically gold (at best) dressed up differently.
        
        Would a 65 year old who is about to retire want to hold crypto given they need money to live every month and crypto pays nothing?
        
        Could someone work out the P/E on crypto and correctly value it please?
        
        whooah1979 on 04/10/2020 - 19:25
        
        @netjock: https://grayscale.co/bitcoin-investment-trust/#market-perfor…
        https://www.pwc.com/gx/en/financial-services/pdf/pwc-elwood-…
        
        netjock on 04/10/2020 - 19:31
        
        @whooah1979: Still doesn't pay an income.
        
        You pay $10 today, you might exit at $20 in 12 months but there is no interim and final dividends.
        
        Bit like gold which nobody likes. Zero coupon bonds which nobody likes.
        
        It is like starting a business putting $10 in, get zero salary for a year and pray it is worth $20.
        
        Just because it is reporting to SEC doesn't mean anything, watch China Hustle on Netflix. SEC has no idea.
        
        whooah1979 on 04/10/2020 - 19:48
        
        @netjock: You just have to take wangasm post on face value that they're getting 12.00% APY. I'm sure they happy compared to the bank's customers getting 1.00%.
        
        netjock on 04/10/2020 - 19:55
        
        @whooah1979:
        
        You just have to take wangasm post on face value that they're getting 12.00% APY. I'm sure they happy compared the bank's costumers getting 1.00%.
        
        1% includes government guarantee you won't lose you capital up to $250k. It is basically a risk free rate. Didn't realise crypto has government guarantee you won't lose your capital.
        
        There is plenty of other assets along the risk (and reward curve) but I wouldn't touch crypto, too much counter party risk. Please don't point out the CME futures. Unlike gold futures you can't take physical delivery (you won't get the coin) you just have to settle the gain / loss against a reference (benchmark rate). So ever bought an asset that you can't get your hands on? Crypto is the first. For the record I never bought air in can.
        
        Most people are under estimating the counter party risk of investing in crypto.
        
        whooah1979 on 04/10/2020 - 20:06
        
        @netjock:
        
        1% includes government guarantee you won't lose you capital up to $250k.
        
        Thay can keep their 1.00% and the government guarantee.
        
        Borrowers have to open a CDP when they borrow which covers 150% of the underlying asset. They've front up $375k to borrow $250 and keep it enough their account or they'll get liquidated.
        
        This market is growing day by day thanks to the generous QE. Big players like Visa, Mastercard, Paypal, Western Union and MoneyGram are all happy enough to jump the train for those sweet transaction fees.
        
        netjock on 04/10/2020 - 20:21
        
        @whooah1979:
        
        Borrowers have to open a CDP when they borrow which covers 150% of the underlying asset
        
        Okay I think you are a bit confused here. If you cover 150% of the underlying asset then aren't you depositing money?
        
        Here is the explanation
        
        In simple terms.
        
        If you deposit $100 of coins. You can borrow $66 (where your 150% comes from, explained in the article, basically margin lending with 66% LTV) to do whatever you want. If coins goes up you get more available credit, down you have to tip in. It is called a margin loan.
        
        I still don't get where the monthly income would come from.
        
        This market is growing day by day thanks to the generous QE. Big players like Visa, Mastercard, Paypal, Western Union and MoneyGram are all happy enough to jump the train for those sweet transaction fees.
        
        I too would take your transaction fees when you pay for coins using my service but just don't confuse with sanctioning it as legit. Western Union is in a lot of money transfer scams but it doesn't mean they are IN on it.
        
        whooah1979 on 04/10/2020 - 20:45
        
        @netjock:
        
        If you cover 150% of the underlying asset then aren't you depositing money?
        
        Yes. Both the lender and the borrower have to provide liquidity to an LP. The lender gets X APR based on the liquidity in the LP and the borrower can borrow 66% of the liquidity that they provide to LP. The income comes from the borrower borrowing 66 DAI at 24.00% APR. wangasm get their 12.00% APR.
        
        The link that you have is for ETH > DAI. There 10s if not 100s of different pairs to choose from depending on the CDP. The market is finding new ways to make it safer for both lender and borrowers every day. A CDP is only one way to cover the platform and the lender from being liquidated in case the underlying asset crashes. The borrower with their 150% collateral is the party that takes the majority of the risk.
        
        There is also insurance for larger amounts.
        https://www.coindesk.com/crypto-com-lands-record-360m-insura…
        
        netjock on 04/10/2020 - 21:22
        
        @whooah1979:
        
        Yes. Both the lender and the borrower have to provide liquidity to an LP.
        
        No you don't get it. Lender is not entitled to borrowers money and vice versa so you cannot claim 150% coverage. You can't have your cake and eat it at the same time. You can't be lender and borrower and making both returns. It just doesn't work that way.
        
        If the borrower is paying 24% APR then there is something seriously wrong. How much does the borrow has to make trading to make the 24% back, if they are not trading for profit and using the money to fund personal expenses then when the market reverses then good luck getting your money back.
        
        The borrower with their 150% collateral is the party that takes the majority of the risk.
        
        I don't think you get it. 150% collateral is basically like saying your house is worth $100k and the bank asking you to pay $150k or put up equivalent of $150k to lend you $100k. I tried to explain to you, it is basically a 66% LTV margin loan at high interest rates with a fancy name. Don't be fooled into this 150% collateral story.
        
        360m insurance, how much coin have they got? You sure they are not under insured? You know what exclusions there are? Most of these exchanges that get hacked and hundreds of millions disappear never to be seen again. Is it like worthless credit card insurance? Questions that need to be asked but I am sure details are in short supply.
        
        As with all margin loans it is when the market tanks and everyone gets margin calls you know who is not covered and then the blood letting begins.
        
        whooah1979 on 04/10/2020 - 22:07
        
        @netjock:
        
        You can't be lender and borrower and making both returns. It just doesn't work that way.
        
        I can see how someone that is used to the traditional way of investing and new to this market would say that. Please DYOR before concluding what can and can't be done in this market.
        
        If the borrower is paying 24% APR then there is something seriously wrong.
        
        24.00% APR is only 0.0658% per day. These guys are doing 5x (up to 120x) leverage trades and can easily cover the whole 24.00% in one trade. High risk, higher gains.
        
        150% collateral is basically like saying your house is worth $100k and the bank asking you to pay $150k or put up equivalent of $150k to lend you $100k.
        
        That is right. It's an OC.
        https://financial-dictionary.thefreedictionary.com/Over-coll…
        
        360m insurance, how much coin have they got?
        
        This doesn't interest me so I don't know.
        
        I understand that this market isn't for everyone especially those that are still stuck with investing in traditional markets and tangible assets. I'll leave this for now for some DYOR.
        Cheers.
- pwrusr-com on 03/10/2020 - 17:21
  
  +6
  
  If you're serious about investing, you should consider diversification, so getting exposure to crypto is okay as long as it's not your only investment.
  
  There are good opportunities that you could miss out just by ignoring diversification.
  - ph81 on 03/10/2020 - 17:24
    
    Agreed!
ttam87 on 03/10/2020 - 17:07

Cannot for the life of me find a historical unit price chart for either Spaceship portfolio.

Am I missing something here? Seems like they don't want that information shown (despite their historical track record of market out-performance over the last 2 years).
- rickb on 03/10/2020 - 17:22
  
  +1
  
  The historic unit price chart is on the home page. You can filter on 1 month, 3, 6, 12, and MAX.
  
  The MAX chart shows me that units were $1 at inception (19 April 2018) and currently $1.79.
  - ttam87 on 03/10/2020 - 17:34
    
    Thanks. Is that once you sign up and make an account?
    
    Because on the Universe page (prior to sign up), they only show the price charts of each the portfolio's individual stock holdings.
    - rickb on 03/10/2020 - 17:42
      
      +2
      
      Good question. I can only find it once I am logged in.
    - wangasm on 03/10/2020 - 19:04
      
      +1
      
      Yes unfortunately you can only see it if you have an account. Here's a screenshot if you want to see the yearly Universe one https://i.imgur.com/wyAjB7V.jpg (Starts at 1.16 on the left)
      - ttam87 on 03/10/2020 - 20:25
        
        @wangasm: Thanks @wangasm and @rickb for your help
        
        wangasm on 05/10/2020 - 16:23
        
        +1
        
        @ttam87: Just found out someone created a script to get the historical prices
        https://newwwie.net
neilpatrickharris on 03/10/2020 - 17:37

+1

I really wish they had a super option with the same fee structure and investment portfolio so I could contribute before tax. The fee structure for the universe portfolio is 0.1% while the Growth X Super portfolio is 1% + $78 pa.
- od810 on 03/10/2020 - 21:41
  
  They have to outsource the super to another fund as they haven't got a license for superfund trustee. That is probably why it is still very expensive
arctan on 03/10/2020 - 18:56

Anyone is on their super fund? What is the return like for the past couple months?
heal on 03/10/2020 - 19:05

+5

I started with Spaceship in August 2018. I put in $5 initially and have had $70 worth of referrals thanks to OzBargain. My current balance sits at over $110, so not a bad return for $5.
- ruskiromka on 03/10/2020 - 19:06
  
  -1
  
  Lol
- trishmapow on 03/10/2020 - 19:08
  
  Yeah it's great, I signed up 3 months ago, put in $10 and now have $55. Imagine how much the OP of this/similar deals gets especially if they post right when the codes expire and have to be reentered.
- Gomo on 03/10/2020 - 19:08
  
  Cha Ching! I've had similar success with referals for Mate NBN, so far I'm upto my 4th member signup so that's $200 of free money off my bill!
NotAFool on 03/10/2020 - 23:33

What's the benefit of Spaceship Voyager Universe over investing $ through platforms like Stake into an ARK Investment ETF?
- DaTa on 03/10/2020 - 23:48
  
  i found stake to be a scam with the amount of fees I paid putting money in and getting money out..
  - pwrusr-com on 04/10/2020 - 12:46
    
    Stake is good in my experience - it had major improvements since the beginnings and now they simplified their offer by selling only two plans (free & premium I believe).
    
    The way they make money is via exchange fees (pay exchange fees only for money in or out on the free plan) and they seem reasonable (especially if you do poli bank transfer standard) for the freedom to buy and sell US shares without any fees.
    
    So definitely not a scam and you can buy on IPOs once they get listed.
    - netjock on 04/10/2020 - 13:32
      
      They getting listed as money exchange? LoL
Misplaced on 04/10/2020 - 08:39

Stupidest name ever
aerona on 04/10/2020 - 11:57

Steven, you're welcome!
kaybui52 on 04/10/2020 - 12:32

+4

Out of curiosity, is there any discussion forum to share each other some tips in trading?
- Xtreamdoze on 04/10/2020 - 15:48
  
  Do let me know as well please.
- wangasm on 04/10/2020 - 17:49
  
  Plenty of discussions on whirlpool regarding trading, look at the Sharemarket threads.
  https://forums.whirlpool.net.au/forum/150?g=387
  
  There is also subreddits with more news and discussions
  https://www.reddit.com/r/AusFinance
  https://www.reddit.com/r/ausstocks
  - muncan on 05/10/2020 - 11:03
    
    You forgot https://www.reddit.com/r/wallstreetbets
squinly on 05/10/2020 - 12:01

+1

Is Spaceship a legit managed fund? Backed by regulatory controls etc? Any benefits/risk to using their platform over buying EFTs through Commbank or similar bank trading platform?
- wangasm on 05/10/2020 - 13:10
  
  +2
  
  Yes, all managed funds require a licence issued and regulated by ASIC.
  https://help.spaceship.com.au/en/articles/2391486-does-space…
  - squinly on 05/10/2020 - 13:52
    
    Awesome, thanks. Had a mate using an investment app which was registered offshore, his experience seemed great, unit prices going up, good reviews, encouraged to tip more money in and then one day it was gone… I believe the class action has gone nowhere…
John Dough on 09/10/2020 - 08:30

+1

Hi, I decided to bite the bullet and open an account.
Here's what has happened so far.

Opened account 3/10/2020 at around 5pm
Set up a 1K transfer 3/10/2020 at around 5:30pm

Money left my bank account in the am on 6/10/2020

It's now 9/10/2020 and the status still says transferring - expected 8/10/2020 - but my balance is still 0 in spaceship.

I am with a big 4 bank.
Most other transactions I make in 2020 are instant. At worst overnight.

I am a patient person, so I write this not to complain, I know investments take time etc.

It's to alert people that this company obviously uses your deposit for somewhere between 48-72 (maybe more?) hours to play the short term money market.
Hell they can play the long term money market the way it's looking so far…. ~6 Days to transfer some cash into an account these days, is pretty ridiculous.

Thinking of closing it straight away on principle if the money doesn't show today.
- aneil915 on 09/10/2020 - 09:18
  
  +1
  
  I'm in exactly the same situation. Opened account on the 3rd, transferred money on the 3rd and still not there. Due date is still the 8th…
  - aneil915 on 09/10/2020 - 14:20
    
    +1
    
    Finally the transfer is now showing in the app today
    - John Dough on 09/10/2020 - 16:17
      
      Yep confirmed it came in at lunch time today too. 6 days to transfer money, with 3 or so in limbo.
      
      Their FAQ states "Generally, we are able to process your investment payment within 3-5 business days."
      
      I have calculated that I have been allocated today's 9/10/2020 1.833966 unit price, not from 7 October (day after money left account) when it was 1.802061
      That's $30 less profit because of the wait. I guess it can also go the other way too.
      
      I'll just lower my expectation, all good.
      - wangasm on 09/10/2020 - 18:54
        
        +1
        
        @John Dough: To be fair it has been 5 business days since you started the transfer. For me it usually takes 3 bus days (Big 4 bank too).
fLaMePrO on 20/10/2020 - 14:58

+2

They just announced today that they're speeding up transfers which is excellent news. Pretty much the only gripe I had so glad to see it addressed.

Here's the email I got:

We know that one of the biggest pain points for Spaceship Voyager customers has been the transaction times, so we did something about it — and we wanted you to be the first to know.

Beginning today, if you make an investment before 5pm (on a business day), you will generally receive your units after 11am on the next business day.

For larger investments, we may require cleared funds and some additional information before processing your investment. For more information, click here.

Spaceship
- BargainGhost on 23/10/2020 - 16:45
  
  That is so good!
wipwar on 01/11/2020 - 10:30

I'm trying to upload the November referral post, but L/P plates are not permitted for this store. Hopefully someone can post shortly!
- BargainGhost on 01/11/2020 - 10:31
  
  ?
  - wipwar on 01/11/2020 - 10:32
    
    October deal has expired and codes have changed.
    - BargainGhost on 01/11/2020 - 10:35
      
      Made new post

This was posted 4 years 2 months 15 days ago, and might be an out-dated deal.

$5 Referral on Spaceship Voyager ($5 Minimum Deposit) (until Oct 30 2020)

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