Best Free Crypto Sign-Up Bonuses in August 2024

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Contributor, Benzinga
August 2, 2024

Many apps or platforms are offering free cryptocurrencies as sign-up bonuses. If you are interested in bonuses and want to begin your crypto trading journey, eToro is one of the best in the business, offering a bonus of $10 when you deposit $100 or a $50 bonus when you trade $500 worth of cryptocurrency.

Attracting new users through appealing sign-up bonuses has become famous for many platforms. As of August 2024, crypto exchanges and platforms offer huge incentives to new users, allowing them to kick-start their trading or investing journey with extra funds or free digital assets. These bonuses provide a financial boost and an opportunity to explore the platform's features with minimal initial investment.

Quick Look: The Best Free Crypto Sign-Up Bonus Offers

  • Bybit — 20 USD Coupon and 5,000 USDT in Rewards
  • eToro — $10 on $100 deposit or $50 when you trade $500 worth of cryptocurrency
  • KuCoin — 500 USDT reward and 200 USDT Coupons & Vouchers
  • Gemini — $15 Referral and up to 25% on Trading Fees
  • Coinbase — $3 to $200 Spin the Wheel Bonuses

Best 10 Free Crypto Sign-Up Bonuses in 2024

Here is the list of the top free crypto sign-up bonuses in 2024:

1. Bybit — 20 USDT Coupon and 5,000 USDT in Rewards

Bybit offers a sign-up bonus for new users. Through their referral program, the new user and the referrer can receive a 20 USDT bonus when the new user creates an account. Additionally, both parties can earn up to $500 bonuses based on the new user's trading volume milestones. This program encourages new sign-ups and active trading on Bybit. Furthermore, users can earn up to 5,000 USDT in rewards by completing simple trading tasks and getting VIP status upgrades.

2. eToro — $10 on $100 Deposit or $50 when you trade $500

  • eToro
    Best For:
    Social Investing
    VIEW PROS & CONS:
    securely through eToro's website

    Cryptocurrency is offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk.

    eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

As of the second quarter of 2021, eToro had 23.2 million registered users, making it a trusted platform for cryptocurrency traders and investors. New users receive a welcome bonus of $10 on a $100 deposit, or $50 when they trade $500 worth of cryptocurrency. One of eToro's standout features is the free demo account available to all users. eToro provides various trading options, including leverage, with low fees and commissions. For professional traders, the premium version, eToroX, offers features tailored for industrial-grade, corporate, and algorithmic trading. eToroX supports advanced trading needs with the reliability and backing of eToro, making it ideal for serious crypto traders.

3. KuCoin — 500 USDT reward and 200 USDT Coupons & Vouchers

Millions of users from over 200 countries trust KuCoin for their crypto investments. Known for its safety and user-friendliness, KuCoin offers many services, including trading, fiat onramp, passive income opportunities, and crypto crowdfunding. Users can earn crypto through lending or staking via its Pool-X. KuCoin stands out with some of the lowest fees in the market and its own KuCoin Shares (KCS) tokens. One appealing feature is anonymous trading, although verifying your account unlocks additional benefits. New users who complete verification can earn a sign-up bonus of up to $500 and 200 USDT in coupons and vouchers.

4. Gemini — $15 Referrals and up to 25% on Trading Fees

Gemini, a leading US-based cryptocurrency exchange founded in 2014, offers attractive sign-up and referral bonuses to encourage new users and trading activity. For new users, Gemini provides a $15 bonus in the cryptocurrency of your choice when you sign up using a referral link and trade $100 within the first 30 days. The referral program is also rewarding. If you refer a friend and they trade at least $5,000 within their first 30 days, you and your friend earn a percentage of their trading fees for a year. This percentage can be up to 25% of their trading fees, increasing the more they trade.

5. Coinbase — $3 to $200 Spin the Wheel Bonuses

  • Coinbase
    Best For:
    Active Crypto Traders
    VIEW PROS & CONS:
    securely through Coinbase's website

    Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards. ³Crypto rewards is an optional Coinbase offer. Upon purchase of USDC, you will be automatically opted in to rewards. If you’d like to opt out or learn more about rewards, you can click here. The rewards rate is subject to change and can vary by region. Customers will be able to see the latest applicable rates directly within their accounts.

Coinbase, a well-known cryptocurrency exchange established in 2012, is famous for its excellent security. However, many people are unaware of its bonus offers and promotions for new users. When you create a new account on Coinbase, you can “Spin the Wheel” to win a surprise reward. These rewards, chosen randomly, range from $3 to $200, with about 89% of new users receiving between $3 and $5 in USD or Bitcoin. About 11% of users might win rewards between $6 and $200.

Additionally, Coinbase offers free educational courses on cryptocurrency. By completing these courses, users earn free digital assets. These bonuses make Coinbase a great option for those new to crypto.

Enjoy the Free Sign Up Bonuses with Crypto Exchanges

Many companies offer attractive crypto bonuses and promotions, making them a great way to start exploring the world of cryptocurrencies with minimal risk. These bonuses provide an instant return on your initial investment and help you understand how cryptocurrency exchanges work. Keep in mind that these offers can change often. We'll keep this page updated with the latest information, but always double-check the details.

Frequently Asked Questions

Q

What app gives free cryptocurrency?

A

Many apps are offering free cryptocurrencies as sign-up bonuses. These apps include Bybit, BingX, and eToro.

Q

How do I get $200 free on Coinbase?

A

To earn up to $200 on Coinbase, new users can take advantage of the “Spin the Wheel” promotion. After signing up, you’ll get a chance to spin the wheel for a randomly determined reward in either USD or Bitcoin. Most users, about 89%, will receive a reward between $3 to $5. However, 11% of new users can win rewards ranging from $6 to $200. Create an account, spin the wheel, and see what you earn.

Q

How to get one Bitcoin for free?

A

There is no legitimate method for getting one Bitcoin instantly for free. However, you can buy a small amount of BTC and make it 1BTC from faucets, cloud mining, sign-up bonuses, and referrals.

Q

Can I withdraw the free crypto sign-up bonus immediately?

A

Withdrawing the free crypto sign-up bonus right away depends on the platform. Typically, these bonuses aren’t available for immediate withdrawal. Instead, they might come as vouchers, fee rebates, or platform-native tokens. Often, you need to trade, stake, or hold a specific amount of crypto to unlock and use the rewards.

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Ishan Jain

About Ishan Jain

Ishan Jain is a technical enthusiast with a knack for financial analytics and trading. Ishan primarily works on AI algorithms, business development, and software engineering for his ventures and side projects, and he produces Web3 content for Benzinga. Ishan has been involved in DeFi in a variety of ways, including heading a project at a crypto asset investment firm along with leading a blockchain security research project.