It’s 2031. Bitcoin is worth $1 million and you wish you bought just a tiny bit back in 2021, when you thought it was too high.
Snap back to the present. You now have a chance to dip your feet into crypto. You search around the web for reviews, maybe stumbling upon why skeptics miss the Bitcoin story or how to buy cryptocurrency. If you’re a deal hunter like me, you’d ask yourself: Why not get a nice little bonus for dipping my feet into the crypto world?
And here you are. There are two benefits of opening up accounts at crypto exchanges:
- Crypto exchanges have sign up bonuses: you can easily get $10 or more in free Bitcoin just for signing up.
- Multiple accounts help increase liquidity and reduce risk: if there’s a crypto available on one exchange and not another, you don’t want to wait til the last minute to open up a separate crypto account.
Do you consider yourself a “digital native” and don’t mind opening up a bunch of accounts? Then you’re in luck—there’s potentially hundreds of dollars in free crypto bonuses and promotions. I’ve surfaced up the best ones here, along with links to each program’s referral terms.
Note: should you choose to use my friend referral links (thank you), you’ll have to use the direct links to sign up. If you click around around each page or leave, you might lose the referral bonus even after returning to the site. And that makes both of us sad.
Top 10 Crypto Referral Bonuses
Coinbase referral bonus: $10 in BTC
Why it’s good: the easiest to use on-ramp into cryptocurrency. Best-in-class user interface and super secure. Coinbase Earn allows you to earn crypto just for learning about it.
Referral program details: initiates a buy or sell of $100 USD or more (or 100 USD equivalent of your domestic currency) within 180 days of opening his or her account, you both will receive a 10 USD (or 10 USD equivalent of your domestic currency) referral bonus when the order completes.
Gemini sign up bonus: $10 in BTC
Top U.S. based exchange renowned for it’s stability, security and fast cash transfers/withdrawals. I basically see Gemini as twins (heh) with Coinbase.
Referral program: buys or sell $100+ worth of crypto within 30 days of creating your account.
BlockFi sign up bonus: at least $10
Best UX and financial experience out of any crypto interest account. Fast & free ACH connections make it feel like a real bank. Earn interest up to 8.6% on your funds. You can deposit $USD and have it directly converted 1:1 into Gemini Dollars, which can be used to earn 8.6% interest or used to trade for the
Earn at least $10 in free Bitcoin for signing up. With tiered promotions you can earn up to $250 for opening a new account.
Referral program: Deposit $100 or more into BlockFi to get $10
Cash App sign up bonus: $5 cash
Square’s Cash App is not just a P2P payments app, but also allows you to buy Bitcoin and stocks. You can take your $5 referral and buy like, one millionth of a Bitcoin.
$5 in cash when you sign up as a new user. No other requirements needed.
Referral program: requires no work on your part except for opening a new account. Straight n simple, just like the Cash app.
Robinhood sign up bonus: free stock and more
Robinhood now offers fee-free crypto trading alongside fee-free stock trading. You can seamlessly sell stocks for dollars, and use those funds to buy crypto (Ethereum and Bitcoin for now). I’ve been using RH since 2015 without a hitch (no I didn’t buy GME) saving hundreds in transaction fees.
Now, Robinhood has allowed crypto transfers outside of its platform, so you can move the likes of BTC and ETH to other wallets. This is a huge win that I’ve been waiting for.
Use my link and get a free stock just for signing up.
Get 1 free stock for signing up. You must claim your stock witin 60 days in the app.
Referral program: You can make up to $500 worth of stocks only per year.
Webull sign up bonus: get up to 5 free stocks when you open up an account
Webull is an all in one stock & crypto trading exchange. The UX is OK – the app tries to do a little too much and sometimes feels like a casino. On the other hand, there are tons of features, including paper trading.
Get up 2-4 stocks for free depending on the promotion. Similar to Robinhood but a bit richer.
Referral program details: New users open a brokerage account and makes an initial deposit of at least $100 within 30 days of signing up. Pretty low bar!
Crypto.com sign up bonus: at least $25
Crypto exchange with multiple features like a Bitcoin cash back debit card. They do offer high crypto interest accounts. But like many of its other bonuses, the platform requires CRO, Crypto.com’s native token to get the best benefits. It’s kinda gimmicky and annoying, but might be worth the trouble if you’re a crypto-maximizer.
Get $10-50 worth of CRO tokens. Like I mentioned it’s worth quite a bit of effort / requires you to really buy into the native token.
Referral program: Stake at least 1000 CRO on the Crypto.com Exchange.
eToro sign up bonus: $50 in cash
eToro’s special sauce: it’s “CopyTrader” feature allows you to copy the portfolio of top performing investors in crypto and stocks. eToro once started as crypto-only trading, but not it offers stock trading in the app as well.
eToro referral program details: Get $50 when you refer a friend, and your friend gets $50.
Special mention: Midas Investments
Midas.investments (yes, that’s the URL) does not a sign up bonus, but a rich referral program: earn 10% of your referrals’ deposits, paid out in the USDT stablecoin.
Midas.investments is a “CeDeFi” platform, meaning it’s a Centralized service (they hold your crypto keys) that uses DeFi to generate crazy yields, like 20% on USDC and 18% on ETH.
Celsius Network and Voyager Digital used to be two of my favorite crypto platforms.
But they were overexposed to the Luna fiasco and Three Arrows Capital insolvency, and had to declare bankruptcy themselves.
As of this writing, I still have funds locked up with both platforms.
This underscores the importance of a multi-account strategy. Never put all your dollars in one platform, in case something happens.
In crypto, if you want to guarantee access to your own funds, also consider storing your crypto on a hardware wallet like Ledger, which is the one I use.
One day, you’ll look back on your million dollar plus crypto account, and think back fondly on this post.
Probably not, but either way—I appreciate you for patronizing my writing via affiliate links. You win, I win, we wiiin!
Note: the Cryptosheet download will include these, and several other more arcane crypto exchanges & resources.