Yield App Review

Yield App Review 2023: Features, Interest Rates, Pros & Cons

In this Yield App review for 2023, we take a deep dive into the Yield App lending platform. We analyze the variety of features. Yield has to offer. Plus, we take a look at their security, interest rates, fees, support, pros and cons.

Yield App allows users to access the best investment opportunities and invest with as little as $100 without having any financial or technical knowledge. Making the world of Defi accessible to anyone. Yield aggregates user funds and invests these across a diverse portfolio of DeFi pools. 

Let’s dive into this Yield App Review to help you work out whether Yield App is the right lending platform for you.

Yield App Review: How to Earn up to 12% PA?

Yield App Referral Code

Yield App Pros & Cons

  • Easy to Use: Yield.app has a user-friendly interface that makes it easy for new users to navigate and start earning yields.
  • High Returns: Yield.app offers high returns compared to traditional savings and investment options.
  • YLD Token: To earn the best rates you will need to hold the YLD token.
  • Lack of Regulation: The DeFi space is largely unregulated, which can pose risks for users and their investments.

What is Yield App?

Yield App was launched in February 2021 and built by a team from diverse backgrounds. Their CEO and founder is Tim Frost, who has been a key figure with many successful fintech and blockchain companies, including Wirex.

Since its launch, Yield App has gained more than 72 thousand users and grown its platform-managed assets to more than $423 million. They also have a team of advisors and partners: BitGo, TrustSwap, Yeoman’s Capital, Pal Capital, and BlockPass.

Simply deposit your cryptocurrency assets such as Bitcoin, Ethereum, and USDT, select the amount you want to invest, and start earning daily rewards. You can redeem and withdraw your funds at any time. Plus, earn a minimum of 2% APY all the way up to 12% by staking or locking up YLD tokens.

What is Yield App

Yield & West Ham Partnership

In 2021, Yield App announced its exciting new partnership with the high-flying Premier League football club West Ham United. They became the new official digital asset wealth management partner of West Ham to help bring crypto awareness to the masses.


Yield App Features

YIELD offers a range of features to ensure its customers have everything they need without having to leave the platform. These include ways to convert their crypto, buy and invest with FIAT currencies and their own YLD token, which can be used to unlock rewards and boost returns.

Yield Convert

Within Yield App, you can swap from any supported asset to another. This handy feature was initially designed just to support the YLD loyalty & rewards program. However, since the launch of Yield App V2, you can now swap between platform assets.

This feature is only available for those users that have completed KYC level 2 and where funds are available in their wallet (Not invested).

Currently, there is a daily limit of $5,000 across all assets in V2. However, this will increase over time as they continue to build the platform.

Buy Crypto on Yield App

With the Yield Buy Crypto feature, you can buy crypto or stablecoins using a credit card, bank account or Apple/Google Pay. The assets you purchase will be transferred directly to your Yield App wallet. This service is brought to Yield App using their partner OnRamper.

To be able to “Buy Crypto”, users must have completed KYC level 2. Any transactions over $50,000 are processed through a different channel. Yield advises you to contact their support if this is something you require.

Yield App Mobile

The Yield Mobile App was released in June 2022 and is available to download from Google Play (for Android) or the AppStore (for iOS), making earning and managing your digital wealth simpler than ever.  

With the Yield Mobile app, you can still use all the same features as the web platform. Plus, you can integrate your phone’s security features, such as fingerprint or Face ID technology. There are also increased security features added, such as limiting the number of daily withdrawals and an automatic log-out function.

Yield App YLD Token

The YLD token is a utility token that enables users to unlock daily rewards and boosts their returns (or APY). There are a few different ways that you can get hold of the YLD token;

  • By investing and earning YLD rewards in your wallet.
  • Tokens are tradeable on exchanges such as Uniswap, Bittrex, BitMax and Bithumb Global.
  • Yield App has its own “Convert” feature that allows users to swap their stablecoin assets for YLD tokens.
  • Buying with a card using their “Convert FIAT Currencies” option
earn more with Yield App YLD Token

Yield App Membership Tiers

With Yield App, the amount you’ll earn on your crypto deposits will depend on the number of YLD tokens held in your wallet. Also, how you choose to be paid out and the crypto that you will be depositing.

Yield introduced tier bonuses so investors can boost their rewards when staking or locking their YLD tokens.

  • Bronze Members: Users with 0-999 YLD don’t get a tier bonus, but they can earn up to 5% APY when paid out in YLD tokens.
  • Silver Members: Users with 1000 to 9,999 can earn an additional 1% (if they stake YLD) and can earn up to or 7% APY when paid out in YLD tokens.
  • Gold Members: Users with 10,000 and 19,999 can earn an additional 2% (if they stake YLD) and can earn up to 9% APY when paid out in YLD tokens.
  • Diamond Members: Users with 20,000 YLD or more can earn an additional 2% (if they stake YLD) and will earn the highest available rates at 12% APY on their deposits.
Yield App Membership Tiers

Yield Supported Cryptocurrencies

At the time of writing this Yield App review, users can currently deposit stablecoins such as USDC, USDT or DAI, Ethereum (ETH), or YLD tokens to start earning interest.

Yield App is currently expanding its list of blockchains. They expect Binance Smart Chain (BSC) to be the first to come online following the initial launch of version 2.

Users that are KYC level 2 approved can purchase crypto directly from the platform with FIAT currencies or use their “Convert” feature so that they can swap from any supported asset to another.

Yield App Supported Cryptos

Yield App Bitcoin Fund

The Yield App originally launched its Bitcoin Portfolio in July 2021. Enabling users to invest their Bitcoin and earn up to 12% APY. The subscription was limited and extremely popular, with half of the fund’s capacity being filled within the first 24 hours. 

The Yield Bitcoin Portfolio was initially opened just for Tier 5 or Platinum users (i.e. those holding 20,000+ YLD tokens) for a period of 72 hrs, who invested 427 BTC before it opened to all remaining users for a further 24 hours. Causing a rush to fill the remaining 73 BTC, which was filled before their deadline date.


Now, Yield App is up to its 4th round, and the Bitcoin Portfolio has reopened to all users, even those with existing holdings in the Bitcoin portfolio, with a minimum deposit set at 0.03 unwrapped BTC.

Unlike previous events, once you deposit your BTC assets, you don’t need to do anything as these will be deployed automatically deployed. Once deployed, the Yield App Bitcoin Portfolio will transition to Version 2 of their platform, and all users will also transition to their new V2 Tier levels. These tier levels are based on the number of YLD users hold in their wallets.

For those who want to earn the highest APY at 12%, it will only be paid purely in YLD. However, if you prefer to have your APY in Bitcoin, you can only earn up to 10% (7% BTC + 3% YLD).

Yield App Fees

The Yield App only charges fees when you withdraw from your account to an external wallet. In this case, there is a fixed charge equal to $20 per transaction. Otherwise, there are no other fees when using the platform.

what are the Yield App Fees

Yield App Support

If you need some help or have an issue, Yield App has an extensive FAQ in their help centre where you can search or browse their list of categories.

If you can’t find the answer there, you can also “submit a request” via their site. There are also links to their social links at the top of their homepage.

Is Yield App Safe?

As well as being regulated, the Yield app’s cold storage wallets are provided by BitGo. BitGo carries $100 million in insurance protection through a syndicate of underwriters through Lloyd’s.

The $100 million policy covers digital assets where the private keys are held 100% by BitGo. This is the event of:

  • 3rd party hacks, copying, or theft of private keys
  • Insider theft or dishonest acts by BitGo employees or executives
  • Loss of keys

BitGo also provides 100% cold storage technology in bank-grade Class III vaults. Plus, the BitGo platform is SOC 2 Type 2 certified.

is Yield App Safe?

Is Yield App Regulated?

Yield App has executed an unconditional Sale & Purchase agreement for the acquisition of ETHpipe OÜ, Co. Registration No. 16099555, an Estonian Limited Liability Corporation. An application for a name change has been submitted for approval.

At the same time, the Yield app is also preparing financial services license applications. This includes a Cyprus Alternative Investment Fund Manager (AIFM) license and a provision of EU Directive 2011/61/EU AIFMD. A Reserved Alternative Investment Fund (RAIF) license in Luxembourg, which is subject to the Luxembourg Law of 23 July 2016 (the RAIF Law) and the Luxembourg law of 12 July 2013 on Alternative Investment Fund Managers (AIFM Law).

Is Yield App Regulated

Yield App Sign-up

To sign up for a Yield App account, you’ll first need to provide your email address (and verify it) and create a strong, secure password.

To be able to unlock actions such as deposits and withdrawals, you will need to verify your identity by going through KYC Level 1. This includes providing your personal details and photographic ID. The process should only take a few minutes to complete.

There is then an extra level of KYC (Level 2) that you will need to complete for actions such as converting your crypto or crypto purchases. This process includes providing proof of residence, such as a recent utility bill or bank statement.

Yield App Referral Programme

With Yield, you can earn between 100 YLD to 1,000 YLD by using the Every Bit Helps referral code: 04610721. Or by using our referral link to sign up and following these simple steps;

  1. Sign up to Yield App using the exclusive Every Bit Helps referral code: 04610721 or this Yield Referral Link.
  2. Become a Silver Tier Member by staking or locking at least 1,000 YLD tokens and remaining so for 30 days.
  3. Deploy/Invest a minimum of $1,000 into any Yield App portfolio for 30 days
  4. After 30 days, you’ll get a reward of between 100 YLD and 1,000 YLD 

Yield’s referral program differs from other programs as you can take as long as you like to become a Silver Tier member and deploy your $1000. Once you reach Silver Tier and deploy a total of $1000, the 30-day countdown will begin. Also, the total of $1,000 can be split across a range of different assets on the Yield App platform.

Yield App Referral Code

Yield App Referral CodeUse Yield Referral Code 04610721 or our Referral Link
Yield App Sign-up BonusA Reward of Between 100 & 1,000 YLD 
Referral TermsYield Referral Terms
Bonus Last ValidatedFebruary 2023
Yield App Referral Code

We hope you found this Yield App review useful. If you have already tried Yield App, let us know what you think in the comments below or click here to start using Yield for yourself.

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3 Responses

  1. Hi, I was wondering if you could do an update of the Yield app review. It’s been a while since the last post, and the price of yield coin changed significantly as well, making it cheaper for smaller investors to achieve higher tiers.

    I am thinking of investing through yield, but I’m worried about the security and how they are able to achieve and offer such high returns. In their product disclaimer, it states that if there is market volatility investors may not receive the returns we promise or may result in loss of investment due to slippage, no guarantee of stop loss orders etc. My confusion is why they don’t offer security on your investment and reimbursement of the investment in case of a 3rd party hack or other events, even though they have the insurance with BitGo.
    Is it that any other platform (Celcius, Nexo, BlockFi) is not going to offer such level of security on your investment (reimbursement of the investment in case they are hacked) or what?

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