Are you looking to get started in the exciting world of cryptocurrencies without risking any of your own money? Many top crypto exchanges offer generous sign-up bonuses to attract new users. We’ve scoured the market to bring you the 11 best free crypto sign-up bonus offers available in 2024.
Summary of the Best Free Crypto Sign-Up Bonus
Here’s a quick overview of the top 11 exchanges offering the best free crypto sign-up bonuses right now:
- BYDFi – Get up to $2,888 in rewards for completing tasks
- KuCoin – Earn up to 8200 USDT
- HTX Global – Obtain up to 241 USDT
- Coinbase – Spin the wheel for USD or Bitcoin
- Bybit – Get up to $30,000 in deposit bonuses
- OKX – Mystery box worth up to 50 USDT
- Gate.io – Unbox your luck for prizes up to $6,666
- Phemex – Earn up to 8800 USDT in bonuses
- eToro – Occasional $10 crypto bonus for signing up
- MEXC – Up to 1,000 USDT sign-up bonus
- BingX – Over 5,000 USDT in rewards available
Read on for the details on how to claim each of these lucrative bonuses.
How We Evaluated the Best Free Crypto Sign-Up Bonuses
In choosing which sign-up bonuses to feature, we carefully assessed each offer based on several important criteria:
- Bonus value compared to effort required – A huge bonus is less appealing if it requires a massive minimum deposit or jumping through lots of hoops. We prioritize bonuses that provide strong value for reasonable effort.
- Ability to own and transfer the bonus – Can you withdraw the bonus funds to your own wallet, or are they stuck on the exchange? We favor bonuses that give you true ownership and control.
- Coin type – While exchange tokens have their uses, we prefer bonuses paid in well-established coins like Bitcoin, Ethereum, and stablecoins.
- Lock-up period – How long until you can access the bonus funds? Shorter lock-up periods are better, letting you put your bonus to work sooner.
- Platform reputation and security – We only recommend bonuses from reputable, regulated exchanges with strong security and a history of reliability.
With these factors in mind, let’s dive into the top offers.
The 11 Best Free Crypto Sign-Up Bonuses in April 2024
1. BYDFi – Get Up to $2,888 in Welcome Rewards
BYDFi, formerly BitYard, is a secure exchange that offers a very generous sign-up bonus program. New users can earn up to $2,888 in rewards by completing various tasks, such as:
- Linking Google Authenticator
- Setting an anti-phishing code
- Making your first deposit
- Joining community channels
- Providing feedback
BYDFi also has an attractive affiliate program offering up to 50% commissions.
2. KuCoin – Earn Up to 8200 USDT in Rewards
KuCoin, a top exchange known for its wide selection of altcoins, is offering new users the chance to earn up to 8200 USDT. Here’s how:
- Get up to 700 USDT for registering
- Earn up to 8200 USDT for identity verification
- Up to 100 USDT for first deposit/crypto purchase
- Another 100 USDT for completing your first trade
- Advanced traders can earn up to 100 USDT more
3. HTX Global – Get Up to 241 USDT Bonus
Crypto exchange HTX Global (formerly Huobi Global) has an impressive set of bonuses for new signups, with up to 241 USDT up for grabs:
- 2 USDT for signing up
- 2 USDT for ID verification
- 5 USDT for first deposit
- 2 USDT for first futures deposit ≥ 200 USDT
- Up to 100 USDT for first futures trade ≥ 500 USDT
- Up to 100 USDT for first spot trade
- 30 USDT more if spot trading volume exceeds 1000 USDT
HTX also offers 30% commissions for referring friends.
4. Coinbase – Spin the Wheel to Win Up to $200
Publicly-traded exchange Coinbase has a unique sign-up bonus. New users get to spin a prize wheel for the chance to win $3 to $200 in USD or BTC. The odds:
- 89% chance of winning $3-5
- 11% chance of winning $6-200
Coinbase also rewards users with free crypto for completing educational lessons on various coins. A great way for beginners to get some risk-free exposure.
5. Bybit – Deposit Bonuses Up to $30K
Bybit, a top derivatives exchange, offers generous deposit bonuses based on your VIP tier:
- $10 bonus for depositing $100 and trading $500
- Up to $30,000 bonus for depositing $250K and trading $150M
Over 80% of Bybit users win at least $100. Bybit also has a lucrative referral program with 10% fee discounts and more perks.
6. OKX – Get a Mystery Box Worth Up to 50 USDT
OKX, a crypto exchange serving over 18 million users, rewards new users with a mystery box containing up to 50 USDT. Here’s how to get yours:
- Sign up and verify ID
- Make first deposit
Invite friends to earn more mystery boxes, with no limit on how many you can get. Prizes include BTC, ETH, DOT, and rebate cards.
7. Gate.io – Win Up to $6,666 from Prize Boxes
Gate.io welcomes new signups with a $100 bonus after basic ID verification. Users can also earn up to $6,666 more through the Task Center by:
- Daily check-ins
- P2P trading
- Copy quantitative strategy
- Copy trading
Gate.io’s referral program offers free credits and 40% commissions. Invite peers for 10 credits, plus 1000 credits if they trade certain volumes.
8. Phemex – Grab Up to 8800 USDT in Rewards
Phemex has a new user bonus program with potential earnings up to 8800 USDT:
- Register and verify for up to 1200 USDT
- First deposit for up to 1500 USDT
- First trade for up to 2100 USDT
- New user trading tasks for up to 4000 USDT
Additional learn & earn opportunities let you collect more bonuses from videos and quizzes.
9. eToro – Occasional $10 Bonuses for New Signups
Social investing platform eToro sometimes gives a $10 bonus to new users who complete account verification. If available, you can choose from BTC, ETH, DOGE, and other assets.
Not always offered, but a nice boost if you catch it. The bonus appears automatically after you verify.
10. MEXC – Deposit and Trade to Earn Up to 1000 USDT
MEXC Global, a leading exchange serving 10 million users, provides new signups the chance to earn up to 1000 USDT in this program.
Deposit bonuses:
- 10 USDT futures bonus for depositing 300 USDT
- 20 USDT for 500 USDT deposit
- 40 USDT for 2000 USDT deposit
Trading bonuses:
- 10 USDT for first futures trade ≥2000 USDT
- 20 USDT for ≥ 5000 USDT futures volume
- Random 10-100 USDT for ≥ 20,000 USDT futures volume in 7 days
Community and referral bonuses also available.
11. BingX – Over 5000 USDT in Available Rewards
BingX, a crypto social trading platform founded in 2018, offers a 30 USDT bonus for new signups. You can earn more through:
- First deposit bonus up to 500 USDT
- First trade bonus of 500 USDT
Enjoy other benefits like instant trading, a free demo account, and automated trading tools.
Also read:
Other Methods to Earn Crypto Bonuses
Beyond the generous signup offers covered above, there are several other ways to collect crypto bonuses:
Learn & Earn Programs and Airdrops
Many platforms like Coinbase reward users with free crypto for completing educational lessons. This is a great way to pick up bonus crypto while growing your knowledge.
Airdrops are another popular bonus method – you receive free tokens for performing social media tasks, testing out new platforms, or demonstrating your loyalty to a project.
Lending & Staking
The rise of DeFi has made it easier than ever to put your crypto to work. With lending, you supply crypto to a borrowing pool and earn attractive interest rates, sometimes with extra rewards. The whole process is managed by smart contracts.
Staking lets you earn more of a cryptocurrency by locking up your holdings to help secure a proof-of-stake blockchain network. Staking is an essential process for these chains and can provide generous yields.
Conclusion
Free crypto sign-up bonuses provide an excellent opportunity to kickstart your crypto journey with house money. By choosing the right bonus from a reputable exchange, you can collect some tokens, explore trading, and learn the ropes risk-free.
We’ve selected bonuses with an attractive balance of reward value, accessibility, and platform security. However, offers change frequently, so be sure to check current promotions. Follow the steps outlined here and start earning some bonus crypto today!
FAQs
Can I get crypto for free?
Yes! Many reputable crypto exchanges offer free sign-up bonuses and rewards you can earn by completing tasks like identity verification, initial deposits, and first trades. Other ways to get free crypto include learn-to-earn programs, airdrops, lending, staking, and using certain crypto credit cards.
What’s the best app for free crypto?
Several top exchanges have attractive sign-up bonus programs. Based on our research, some of the best free crypto offers currently come from exchanges like BYDFi, KuCoin, HTX Global, Coinbase, Bybit, OKX, Gate.io, Phemex, and eToro.
Can I withdraw signup bonus crypto instantly?
Usually no – bonus crypto often comes with a lockup period and other conditions like minimum trading volumes. Read the offer details carefully to understand the requirements to earn and access your bonus. Consider the bonus a starting point for exploring the platform.
What crypto exchange has the best sign up bonus?
Right now, we think BYDFi has the most compelling sign-up bonus with up to $2,888 available through a variety of simple tasks. But the best bonus for you depends on factors like your location, preferred coins, and planned usage of the exchange. KuCoin, HTX, Coinbase, and Bybit also have very strong offers.
Do I need to provide personal info to get a crypto bonus?
In most cases, yes. Regulated crypto exchanges require identity verification to comply with know-your-customer (KYC) and anti-money laundering (AML) laws. You’ll likely need to provide personal details and proof of identity to access sign-up bonuses and other features.
