Abra Promotions: $40 Free Crypto Offers

Abra is offering new users a $40 bonus when they join using the $25 referral code and complete a $15 deposit bonus.

Existing Abra users can also take advantage of a promotion to earn another $15 when they deposit just $15. Additionally, get $25 each time a friend signs up using your referral link.

This global cryptocurrency exchange has multiple offers and all of them have requirements that are very easy to do. Full details of all Abra promotions below!

This post may contain affiliate links, meaning I get a commission at no cost to you if you decide to make a purchase through my links. Visit this page for more information. The content on this page is accurate as of the posting date; however, some of the offers mentioned may have expired.

What is Abra?

Founded in 2015, Abra is a cryptocurrency exchange and custodial wallet offering crypto services to investors in the US and 150 other countries.

The platform allows you to buy, sell, trade, and borrow Bitcoin, Ethereum, Cardano, Dogecoin, and more than 100 other cryptocurrencies with access to 50+ fiat currencies. Abra also gives you the ability to earn up to 14% interest on crypto and USD stablecoins.

You can get started for as little as $5, but be sure to take advantage of all the promotions available to new and existing Abra users below to earn free crypto.

Abra Promotions

Here are all the promotions currently available on Abra, ranging from sign-up offers, referral bonuses, and free crypto for just watching a video!

Offer #1: Abra $25 Sign-Up Bonus

Join Abra with the referral code RCZEHMRXR and youโ€™ll get a $25 bonus after you deposit $15 or more for 7 days.

The $25 bonus is given in the form of Crypto Perx (CPRX) token, which is the backbone of the Abra Perx program. Once you receive it, you can sell it for cash or trade it for another crypto.

How To Get $25 Bonus:

  1. Download the Abra app using this link.
  2. Enter the promo code RCZEHMRXR when prompted during the sign-up process for the $25 bonus.
  3. Complete new account registration and verify your identity.
  4. Deposit at least $15 in your account for at least 7 days.
  5. Receive $25 in CPRX.

Be sure to leave the $15 in your default Trade account for seven days to get your bonus โ€“ donโ€™t transfer it to your Earn account until the bonus is awarded. *Starting March 4, 2022, non-USA users earn $5 in CPRX and must hold for 30 days. Users in the United States will continue to earn $25 after holding the deposit for 7 days.

Crypto PlatformPromotionLink
Gemini logo$15 BTC BonusLink
iTrustCapital logo$100 BonusLink
Coinbase logo$200 BTC BonusLink
eToro logo$10 BonusLink
TradeStation logoUp to $5,000 BonusLink
bitFlyer logo$15 BTCLink
Kraken logo$10 BTC BonusLink
Crypto.com logo$25 CRO BonusLink
Nexo logo$25 BTC BonusLink
Phemex logo$160 BonusLink
Luno logo$35 BTC BonusLink
Binance.US logo$40 Cash BonusLink
Cake Defi logo$10 DFI BonusLink

Offer #2: Abra $15 Deposit Bonus (New & Existing Users)

Get a $15 bonus when you add $15 to your Abra account and hold it for 7 days.

This reward is in addition to the referral sign-up offer and is available to both new and existing users.

How To Get $15 Bonus:

  1. Open the Abra app and click on โ€œAdd moneyโ€ under the Trade section.
  2. Add $15 via any deposit method and hold for 7 days.
  3. Receive $15 bonus in CPRX.

Ninja Update: The $15 bonus requires a $15 deposit and for the deposit to be held for 7 days. Previously, it required a $1 deposit and 1-day holding period. *Starting March 4, 2022, this offer is for USA users only.

Abra Promotions: "Get $15 when you add $1" offer
(Screenshot from Abra app)

Offer #3: Abra $25 Referral Bonus

Refer a friend to Abra and earn a $25 bonus.

Once youโ€™re an Abra user, refer friends and get $25 for every friend that signs up and deposits $15. Thereโ€™s no limit to the number of people you can refer!

Ninja Update 8/6/22: The referral program has been paused as Abra focuses on launching multiple new products and services. Weโ€™ll update the status when the referral bonuses come back.

How To Refer Friends:

  1. Share your Abra referral link.
  2. Friend completes sign-up and passes identity verification.
  3. Both you and your friend will each receive $25 in CPRX as a referral bonus.

Your referral link can be found in the Abra app under the hamburger menu (โ‰ก) located at the top left-hand side of the screen. Click on โ€œRefer a friendโ€ to find your personal referral code and referral link.

This screen will also show you how many friends have signed up and how many friends have completed the referral requirements.

Note that starting March 4, 2022, referrers not located in United States will earn $5 for referrals. Full details of Abraโ€™s referral program can be found here.

Abra referral code
(Screenshot from Abra app)

Previous Promotions

The offers below were previous promos that have since expired and are no longer available. We added this list for users to reference back to and is for informational purposes only.

Expired Offer #1: Abra $30 Airdrop Bonus (New & Existing Users)

Earn a $30 CPRX bonus when you watch Money Talks, submit your wallet ID in the comment, and fund $1 into your Abra account.

Hereโ€™s the link to the Abra Money Talks channel on YouTube.

How To Get $30 CPRX Airdrop Bonus:

  1. Watch Money Talks on YouTube from 12pm to 1pm (ET) on 11/26.
  2. Submit your Abra wallet ID in the comments during that time.
  3. Fund $1 into your Abra account for 1 day.
  4. Receive $30 in CPRX within 5-7 business days.

The Bottom Line

These are probably the easiest crypto offers Iโ€™ve seen recently. Iโ€™m going to keep all the CPRX bonuses alone and just ride it. Others may want to trade them for their favorite crypto.

You also get really nice benefits for holding CPRX too, like cash back on trades, bonus yield interest, and discounts on borrowing. The bonus yield (paid in CPRX) is particularly interesting:

  • Ignite (hold 20 CPRX) = 1.10% bonus yield
  • Launch (hold 200 CPRX) = 1.25% bonus yield
  • Cruise (hold 500 CPRX) = 1.50% bonus yield
  • Orbit (hold 5,000 CPRX) = 2.00% bonus yield
  • To The Moon (hold 25,000 CPRX) = 5.00% bonus yield

So if your tier status is To The Moon and letโ€™s say you hold USDC, youโ€™ll get a 5.00% bonus yield on top of the 8.00% base rate, for a total interest rate of 13.00% APY!

With CPRX currently trading at just $0.04, buying 20,000 CPRX costs only $1,000โ€ฆ to earn 13.00% on a stablecoin! Getting the same interest boost on other crypto platforms (Crypto.com, Voyager) require a much bigger investment in their tokens.

Abra has done a really nice job with their app. Iโ€™m still exploring it, but I like the design and layout. The Abra loyalty tiers are easy to understand, they challenges are gamified in a fun way, and I appreciate that I can check the different stages of my referrals.

Iโ€™m including these Abra promotions in the list of the best crypto bonus offers. Feel free to leave your referral link below.

Editorโ€™s Note: Abra plans to allow unlimited trading of CPRX by the end of the year, so if you plan on selling, it wonโ€™t be possible until then. **Technically, you could transfer the CPRX tokens to Metamask and swap them on Uniswap, but I wouldnโ€™t recommend that due to the fees.

Crypto PlatformPromotionLink
Gemini logo$15 BTC BonusLink
iTrustCapital logo$100 BonusLink
Coinbase logo$200 BTC BonusLink
eToro logo$10 BonusLink
TradeStation logoUp to $5,000 BonusLink
bitFlyer logo$15 BTCLink
Kraken logo$10 BTC BonusLink
Crypto.com logo$25 CRO BonusLink
Nexo logo$25 BTC BonusLink
Phemex logo$160 BonusLink
Luno logo$35 BTC BonusLink
Binance.US logo$40 Cash BonusLink
Cake Defi logo$10 DFI BonusLink
About John Pham

John Pham is a personal finance expert, serial entrepreneur, and founder of The Money Ninja. He has also been fortunate enough to have appeared in the New York Times, Boston Globe, and U.S. News & World Report. John has a B.S. in Entrepreneurship and a Masters in Business Administration, both from the University of New Hampshire.

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Burt
Burt
2 years ago

Airdrop no longer works. Contacted them and they said this expired last year so no $30 bonus airdrop.

Michael
Michael
2 years ago

Thank you for the information. This has been very helpful.
My referral link is RCCNPZN3C

Chris
Chris
2 years ago

My CPRX just got deposited in my account. The last Money Talk on YouTube mentioned it will be opened for full trading soon, but at this level why would you sell? Going to horde them at 5 cents a pop.

Crypto Shawn
Crypto Shawn
2 years ago

I signed up on Thanksgiving.

$25 new user bonus showed up as pending a month after I made the deposit (from 11/25 to 12/28, a little over the required 30 days).

Received the $15 from depositing $1 offer almost immediate (the day after I made the deposit).

Still waiting for the Money Talks Black Friday bonus to come.

Anon
Anon
2 years ago

Is the referral link in the 1st promo yours?

ken
ken
2 years ago

Thank you for sharing these promos. For Abra, promo #2 and #3 would seem to be defunct.

ken
ken
2 years ago
Reply to  John Pham

Also, that $15 CPRX bonus needs to be held for 30 days rather than 1 day.

Can you tell if this $15 bonus is “stackable” with the $25 sign-up bonus for new users, or do I need to deposit an additional $15?

Ken
Ken
2 years ago
Reply to  John Pham

I couldn’t find it in the fine print, but Abra customer service informed me that because I transferred my initial deposit from my trading portfolio to my interest portfolio, I lost the $25 sign-up bonus. Disappointing, and seemed ironic, in an exchange/wallet that is known for earning interest.
While I’ve been disappointed with Abra and Ledn, I’m happy with some of your other referrals – Nexo, Okcoin, and Celsius. Thank you!

Mr broomz
Mr broomz
2 years ago

Feel free to use my Abra referral link

abra.com/ref/?deep_link_sub1=RCS579VS6