Numerous cryptocurrency exchanges nowadays are offering sign-up bonuses to attract potential investors to enter their platforms. With each successive year, these welcome crypto bonuses have gotten more valuable due to the competition among new cryptocurrency exchanges. This is a fantastic thing for traders and investors, as they may use these bonuses to obtain free cryptocurrency.
We present the best crypto sign-up bonus offers in 2022 in this article. You’ll discover thorough information on the many types of bonuses available on each platform, as well as for instructions on how to claim your crypto bonus.
What are Crypto Bonuses?
Bonuses provided in cryptocurrency are known as crypto bonuses. Many cryptocurrency exchanges provide crypto bonuses to entice new traders and investors away from the competition. Some bonuses are available just by signing up, while others need a deposit and a bitcoin trade. Other incentives include payments for referring relatives and friends to a bitcoin exchange or completing certain activities such as account verification.
Bonuses in Cryptocurrency as a Marketing Strategy
Bitcoin bonuses are, at the end of the day, a form of marketing tactic employed by crypto exchanges. The higher the bonus offered by an exchange, the more probable it is that new crypto investors will choose that exchange over its competitors.
Both platforms and investors benefit from this marketing strategy. The platform attracts new users, which is critical to the exchange’s long-term sustainability. New customers are given free cryptocurrencies to start trading with or hold as a long-term investment.
Types of Crypto Bonuses
Currently, exchanges offer a variety of cryptocurrency bonuses. Sign-up bonuses, referral bonuses, and reward incentives are the most prevalent forms. We’ll go over each type in further depth.
Sign Up Bonuses
Sign-up bonuses, often known as welcome bonuses, are bonuses given to new members. You can obtain a sign-up bonus just by creating a new account, but most exchanges require you to deposit funds and make a trade for at least a specified amount to be eligible for the bonus.
The referral bonus is another popular sort of crypto bonus. Every existing bitcoin exchange user has a unique referral code that they can share with their friends and relatives. You will receive a bonus if they sign up for the exchange using your referral code.
You may be limited to a particular amount of referral incentives, or you may be able to claim an infinite number of referral bonuses, depending on the exchange. In the latter situation, referral bonuses can be used to create passive revenue from your cryptocurrency account.
By completing specific objectives, customers of cryptocurrency exchanges can receive free cryptocurrency or other advantages. These tasks could include things like confirming your account or taking training on how to use a new coin.
To get a cryptocurrency deposit bonus, you must first deposit funds into your exchange account. The magnitude of the bonus you receive is usually determined by the amount you deposit. Huobi, for example, gives a $5 Point Card in exchange for a $100 deposit.
Normally, the size of a deposit bonus is limited.
No Deposit Bonuses
Crypto is granted as a no-deposit bonus solely to new exchange account signups. This form of crypto bonus does not require you to make a deposit.
No deposit bonuses are available in several reward schemes. Even if you haven’t put a deposit into your wallet yet, you can earn a tiny bit of crypto by answering simple surveys or reading particular information about a company.
Crypto Bonus Options for Existing Users
New exchange users aren’t the only ones who can benefit from crypto bonuses. Existing clients are rewarded on many sites, including Huobi and Binance. Existing users can earn bonuses through two methods: crypto staking and crypto interest.
Staking your tokens to a certain crypto project earns you a bonus called crypto staking. When you stake your tokens, you’re allowing a blockchain to validate transactions using your crypto. In exchange, you obtain crypto interest or rewards in the cryptocurrencies associated with that blockchain project. Staking crypto isn’t risk-free, but it is a simple way for existing crypto investors to profit from their present holdings.
Some exchanges also allow users to earn money by lending out their cryptocurrency, much like a traditional savings account. Interest rates on exchanges are typically tons of times greater than those provided by traditional banks. Higher interest rates, on the other hand, reflect the reality that cryptocurrency interest accounts can be dangerous. As a result, when investing in flexible or locked crypto savings accounts, investors should take precautions.
Best Crypto Bonuses for 2022
Here are some of the most appealing cryptocurrency bonuses now available to investors. Every cryptocurrency exchange has its own set of rules that govern how bonuses are earned and used. Traders should read these terms and conditions attentively so that they do not lose their bonus.
Huobi has one of the best cryptocurrency bonus systems available today. The Huobi broker is also on our list of the best cryptocurrency exchanges in the United Kingdom. It provides a rich and comprehensive reward system for both new and existing users, regardless of whether they spend for the short or long term.
Huobi is offering a $300 welcome bonus to new users, as well as an instant $10 Point Card just for signing up. When you make a minimum deposit of $2,000, you’ll receive $20.
Huobi’s offering for New Users
New Huobi members can earn up to $300 just for signing up. Here’s how to get additional Huobi Points with your Huobi Point Card.
You’ll get a $5 bonus if you make a spot deal valued at least $100. You’ll get a $20 instant Point Card and 20,000 SHIB tokens if you trade at least $3,000 on your spot wallet.
Huobi’s Point Card is good for four days after you obtain it to pay trading fees. It can’t be used to pay withdrawal fees, and it can’t be withdrawn or transferred from your account.
Huobi’s offering for Existing Users
The Huobi reward scheme isn’t just for new users. Existing users can earn a crypto bonus by participating in a variety of activities. After creating a Cloud Wallet on Huobi, users will receive a $10 Point Card. Furthermore, when you use Futures Trade for the first time, you will receive an additional $10 incentive.
In addition, if you deposit $200 into a Huobi Earn savings account, you will receive a $10 bonus. Huobi Earn is a platform that allows users to earn interest in their cryptocurrency. A flexible deposit, which you can withdraw at any time, or a fixed deposit, which pays a higher interest rate, are both options. Varying cryptocurrencies have different interest rates.
Terms and Conditions
- Sign up for Huobi Global and you could win up to $300 per member. Only new users are eligible for the welcome bonus, and each job must be completed within 15 days.
- New users will be eligible for the deposit bonus if they deposit any amount to Huobi Global.
- Users will be eligible for a Futures trading bonus if they complete a trade on Huobi futures.
- Huobi reserves the right to suspend and disqualify accounts that engage in fraudulent trading activity.
- Signup bonuses of up to $300 and 20,000 SHIB are available for both the signup and rewards programs.
- Referral bonus of up to 15% of the deposit made by the referee
eToro is another cryptocurrency exchange that gives a generous sign-up bonus. It is one of the most well-known FCA-regulated brokerage firms in the UK. It is also one of the most user-friendly exchanges, with over 20 million members globally. eToro stands out due to its innovative copy trading feature and appealing rewards structure.
The “Invite a Friend” program at eToro is a referral incentive that you can receive whether or not you’ve placed a deposit in your account. There are minimal geographical restrictions on who you can refer to eToro because it operates in dozens of countries around the world.
Simply copy and paste the code from invite into your web browser and circulate it among your relatives and friends to start a referral chain. You and the person you suggested will each win $50 for each new user that signs up using your code and trades $100. There are no other activities to accomplish in order to obtain the bonus.
The Invite a Friend plan at eToro is simple and beneficial, making it one of the top cryptocurrency bonus offers for 2022.
Terms and Conditions
- eToro allows users to share their unique link with family and friends in exchange for a $50 bonus when the referee makes a $100 investment.
- You can claim the Refer-a-Friend reward up to ten times. Simply 7-10 days from the deposit date, the monies will be sent to your trading account.
- $50 for each referral
Binance is one of the best places to get crypto signup bonuses. The Binance Referral Program offers new members up to a $100 welcome bonus if they utilize a referral link. This crypto exchange also provides customers up to a 40% commission on the trades of their references.
Keep in mind that compensation for spot and futures trading is different, so you’ll need to give referral codes for each. This has the advantage of allowing you to refer the same buddy to Binance twice.
Binance Deposit Bonus
Binance also gives new traders a significant deposit incentive in addition to the referral plan. After completing three activities on the platform’s Task Center, you can earn up to $100 in cryptocurrency. Traders who deposit $50 utilizing the peer-to-peer deposit mechanism are also eligible for a $5 cash voucher.
Furthermore, a $50 cryptocurrency deposit at Binance offers you a $50 rebate voucher. Just keep in mind that you must use this voucher within 5 days of registration, or it will expire. When you make a $100 spot crypto trade, Binance will also give you a $45 spot cashback voucher.
Binance Staking and Binance Earn
Existing Binance customers can also generate passive income while their funds remain in their wallets. Staking is one method of accomplishing this. Traders can stake their coins if a new crypto project enters the market. Once the campaign is completed, they will receive a part of the proceeds or be compensated in coins.
These initiatives are frequently initial coin offerings (ICOs). This signifies that the price of the currency you earn as a reward of staking will skyrocket. In fact, when the coin initially starts trading on Binance, this can happen.
Binance Earn is another option to make money with cryptocurrency. Simply deposit your cryptocurrency into a flexible savings account to receive interest. Binance also offers fixed-term loans with higher interest rates.
Terms and Conditions
- When new users sign up via a referral link, Binance’s Affiliate Invitee Welcome Offer offers them a chance to win up to $100.
- Each user should accomplish three activities, each of which has its own prize.
- To see out how much your vouchers are worth and when they expire, go to the Binance Rewards Center.
- There is no sign-up bonus.
- Bonus for referring a new user: up to $100
- Reward program: Depends on the Binance Earn and Binance Staking circumstances.
Crypto.com is a well-known trading platform that offers a diverse range of digital assets. You may buy and sell cryptocurrencies such as BTC, ETH, and BNB on this exchange.
Users can earn crypto by sharing a referral code with Crypto.com’s sign-up bonus. Your code might be valued at up to $50 in CRO, Crypto.com’s native cryptocurrency.
You and the person you’re referring to must complete a few activities in order to receive the referral incentive. To begin, you must first share your referral code with the referee, who must then join up using that code. They must then validate their account and stake CRO. You will each get a $10 bonus if they stake 1,000 to 4,999 CRO. If they invest at least 5,000 CRO, you’ll each receive a $50 cryptocurrency bonus in CRO.
Terms and Conditions
- To receive $50 in CRO as a sign-up incentive, share your Crypto.com referral link.
- Your trading account must be validated at an Advanced Level and have staked at least 1,000 CRO on the exchange to be eligible for a $10 incentive. Referees with Advanced level verification and $5,000+ CRO in staked monies will receive a $50 incentive.
- Up to $50 in rewards for each new user
Coinbase has one of the most established and well-known crypto bonus programs of any exchange. The Coinbase offers a $5 Bitcoin welcome incentive to new investors who sign up.
Coinbase also has a referral program that allows you to give new customers $10. Your referee should be in the same region as you and make a transaction on Coinbase within 180 days of signing up to be eligible for the incentive.
The Coinbase Earn Program is also available on Coinbase. This is a straightforward task-based rewards program that rewards you with bitcoin in exchange for watching brief films about cryptocurrency.
Terms and Conditions
- The Referral Program at Coinbase rewards both the referrer and the referee when they sign up.
- The coinbase bonus amount varies depending on the location.
- Users of Coinbase Pro are not eligible to participate in the scheme.
- Bonus for signing up: $5
- Bonus for referring friends: $10
- The rewards program is dependent on the requirements of each task.
Initial Deposit and Fees
New traders must meet the platform’s minimum deposit requirement in order to begin trading. Every buy and sell transaction is also subject to trading fees charged by exchanges. When choosing an exchange, keep in mind the deposit requirements and costs. So, let’s have a look at some of the most popular cryptocurrency exchanges’ fees:
|Crypto Exchange||Minimum Initial Deposit||Trading Fee|
|Huobi||$100||0.2% base fee|
|eToro||$10 ($200 for copy trading)||1%|
|crypto.com||$20||0.04% to 0.40%|
|Binance||None. Only a minimum order size of $10 per buy or sell||0.10%|
|Coinbase||$2 minimum balance requirement||0.5% to 4.5%|
What Can You Do With Your Crypto Bonus?
You may put your crypto bonus to good use in a variety of ways. Some crypto bonuses are better suited as long-term investments, while others are better suited as “free” trading funds. Alternatively, you can use your bonus to generate money at exchanges that provide crypto staking or interest accounts. Lastly, many exchanges let you use your crypto bonuses to cover your account’s trading fees.
Advantages and disadvantages of Crypto Bonus
Crypto bonuses have both advantages and disadvantages. Here are some of the advantages and disadvantages:
- Crypto is given as a bonus for signing up or making a deposit.
- In your exchange account, referral codes might produce passive income.
- Bonuses can be used to offset trading costs.
- Bonuses can be staked or loaned out to earn interest.
- Many bonuses have a minimum deposit or trade requirement.
- It can be difficult to meet bonus terms and conditions.
- For the most part, bonuses cannot be withdrawn for an extended period of time.
How to Claim a Crypto Bonus?
Here’s how to get a Huobi crypto signup bonus:
Step 1: Create an Account
Use your email or Google account to create a new Huobi account. You may also register with your phone number. If you received a referral code from someone, remember to enter it when you sign up.
Step 2: Verify Your Account
Huobi requires new users to confirm their identities. You must produce a legitimate identity card with your address clearly visible.
Step 3: Claim Your Sign-up Bonus
You’re now ready to begin performing the tasks required by Huobi in order to qualify for a welcome bonus. The revenue collected from each task will be instantly credited to your account within 3 working days.
Terms and conditions on Huobi’s $300 Bonus
- All tasks must be completed within 15 days of enrollment for new users. You will not be eligible for the bonus if you do not complete any mandatory tasks within the specified timeframe.
- Making a deposit to your Huobi account, regardless of the amount, will immediately qualify you for a deposit bonus.
- Within three working days, all benefits will be instantly credited to your account.
A crypto bonus offer can encourage you to establish an account with a specific company right now. However, you should think about what the platform you’re joining can provide you in the long term before signing up.
Bonuses include deposit incentives, incentive schemes, referral rewards, and staking prizes, and so on. Make sure you read the terms and conditions of any bonus thoroughly so you know what tasks you must do and how you can spend your bonus.
When it comes to crypto incentives, Huobi Global is one of the most generous platforms. With Huobi new users can earn up to $300, and current users can earn referral rewards and participate in crypto staking.
Frequently Asked Questions
Which cryptocurrency platform offers welcome bonuses?
Almost every cryptocurrency software offers new users a welcome bonus. Huobi, eToro, Crypto.com, Binance, and Coinbase all have the best crypto signup incentives.
What is the procedure for obtaining the Crypto.com bonus?
You must introduce a friend to Crypto.com in order to receive a bonus. Then your referee must validate their account and place a minimum wage of 1,000 CRO.
In the United Kingdom, how can you receive crypto for free?
In the United Kingdom, there are numerous ways to earn cryptocurrency for free. One of the most effective methods is to utilize a referral code to join up for a crypto exchange or to distribute your personal referral code to new crypto exchange users. Users can earn money when a referee’s account executes a trade on some exchanges.
Is it true that crypto bonuses are legitimate?
Crypto bonuses are a simple method to get free bitcoin. When you sign up for an account and make a deposit, several exchanges will give you crypto. Existing customers can also earn cryptocurrency incentives by introducing their friends and family to an exchange.