Many cryptocurrency exchanges offer signing-up bonus incentives to attract new customers. You can receive free Bitcoin or money which you can use to purchase the cryptocurrency you prefer, based on the promotion. Terms and conditions differ in relation to the bonus amount to the criteria for qualifying.
The majority of exchanges will offer you a crypto sign-up bonus when the first time you trade. However, the most valuable offers could let you receive as much as 500 or even more which is in the same manner as the majority of stock brokerage bonuses.
Top Crypto Sign-Up Bonus Offers
Crypto sign-up bonuses and Welcome bonuses are excellent incentives to get into new cryptocurrency exchanges. However, before you decide to accept the first offer you come across it’s crucial to look at other features – such as supported currencies, trading, NFTs, and any other fees associated with accounts to decide whether the cryptocurrency exchange is suitable for your needs over the long term.
Coinbase is among the most frequently-used digital currency exchanges available in the United States and offers new users an incentive for first-time traders. U.S. residents (excluding Hawaii) get $5 worth of Bitcoin rewards when they complete their first transaction.
There is also the option of spinning an extra wheel to earn as much as $200 worth of dollars or Bitcoin. According to Coinbase, 89% of participants get a cash reward between $3 and $5 and the rest get between $6 and $200 worth of cryptocurrency bonus.
Alongside the one-time sign-up bonus, the platform cooperates with various altcoin-related projects to offer cryptocurrency for free after you have completed brief learning sessions and tests.
Also read: Top 10 Crypto Wallets for 2023
Crypto.com offers a crypto sign-up bonus to choose from, based on the country you reside in. You will receive your crypto reward in the stablecoin CRO on the platform.
U.S. residents are eligible to participate in the following opportunities:
- Refer-a-Friend: Up to $50 bonuses in crypto when joining via the already existing Crypto.com User’s Referral Link.
- Bonus for deposits: 2% bonus is to be paid in CRO for every crypto deposit on the chain.
- Fee rebates for trading: Discounted trading fees between 20 and 100% when you pay for fees with CRO.
- New app reward: Don’t pay trading charges for the first seven days of paying using either a credit or debit card.
- Start with Crypto.com
Gemini is a reputable crypto exchange and is a popular option for Coinbase. It’s user-friendly it supports more than 90 different cryptocurrencies and provides various trading platforms. New users will get $10 in Bitcoin after they have traded $100 within the first 30 days.
KuCoin offers new customers the opportunity to receive a “welcome box” valued at as much as $500 Tether (USDT). Naturally, you will not be able to determine how much you’ll earn when you sign up however this deal could be worth considering if are comfortable with KuCoin.
Alongside the reward of $500, new users are able to earn up to $10 in welcome rewards prior to trading. There are additional coupons and bonus offers available when performing certain activities.
It is important to note that KuCoin isn’t as user-friendly as Coinbase, Gemini, or an app for investing in stocks that offers trading in crypto. It is among the biggest in the world and boasts that it has 25 percent of all cryptocurrency accounts.
KuCoin has also started accepting US dollars as fiat currency deposits and follows the known-your-customer (KYC) protocol that makes operating within America legally. The exchange wasn’t licensed in the US and required you to choose other ways of funding however that’s now no longer the case.
Crypto traders who reside outside of the United States, parts of Canada (Ontario, Quebec, Alberta) as well as in the United Kingdom, and a couple of other countries may be qualified for one of the lucrative crypto sign-up bonus deals via Phemex.
The bonus can be worth up to $6,500 and two BTC as well as $10,000 USDT (Tether) trial funds.
For new investors, it is possible to benefit from the personal assistance of Plynk. The app allows the opportunity to invest in crypto and stocks and match up to $100 in first investments ($10 minimal bonus).
It is possible to trade the most well-known coins like Bitcoin, Ethereum, and Litecoin along with Bitcoin Cash, but you’ll have to find a different source for access to altcoins.
Plynk is free at present, but could soon start charging $2 per month in the near future.
SoFi is an investment platform that offers bank accounts, loans, and crypto.
You can earn up to 100 dollars in cash bonus upon your first transaction with SoFi Crypto which makes up SoFi Invest. SoFi Invest platform. The amount you earn is contingent upon the size of your initial trade in the first seven days:
- $10 Bonus: The first trade must be between $50-$99.99
- $15 Bonus: $100 up to $499.99
- $50 Bonus: $500 up to $4,999.99
- $1,000 bonus: $500 or more
Therefore, you are eligible to receive the bonus for signing up with crypto in the event that your first trade is worth at least $50 and is completed during the very first day of your account. There are 22 crypto options available.
The platform also offers additional ways to earn cash bonuses through the opening of other investments as well as money management accounts.
SoFi Active Invest offers a $25 bonus on stock registrations for deposits of at least the amount of $10 to a managed bank account. The platform allows you to trade ETFs and stocks using fractional shares.
Also read: Top Crypto Business Ideas
Tastytrade (previously Tastyworks) allows high-frequency traders to execute buy and sell transactions for funds, stocks commodities, options, and crypto.
You are qualified for a bonus if you make a minimum deposit of $5,000 in your account when you open it:
- $100 bonus: First trade is between $5,000 to $24,999
- $500 bonus: $24,000 to $99,999
- $2000 bonus: $100,000 to $249,999
- $3000 bonus: $250,000 or more
TradeStation is a platform designed for traders who want to earn fast transactions and competitive commissions. It allows you to trade ETFs, stocks, and crypto.
You can receive up to $150 worth of Bitcoin by using promo code TSTVAFYH while creating your account. Then, you must deposit at least $500 into your account for trading or invest at least $500 worth of cryptocurrency. The brokerage will then distribute your prize in two $75 Bitcoin payments.
If you’d prefer an investment reward then you can get $150 of investing cash adhering to identical $500 deposits as well as trading prerequisites. Instead, enter the promo code TSTVAFYB.
The most beneficial crypto sign-up bonuses can bring extra cash into your wallet, giving you additional funds to invest. However, is there a singular top Crypto Sign-Up Bonus? It depends.
I’m not sure anyone should choose the crypto platform solely on a sign-up bonus only. In the end, it’s just only a once-off offer. Then, you have to stick with the service that you signed up with (or undergo the hassle of changing.) If it isn’t suited to your requirements and you don’t like it, then it wasn’t worth the extra benefit.