Crypto Bonus Offers and Promotions in May 2024

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Earning free crypto is the best! You get to invest in cryptocurrency without using a lot of your own money. And luckily for us, many companies offer crypto bonus offers to new customers.

As you narrow your search for the best crypto bonus offers, don’t forget to take the platform into account. A company that offers a smaller bonus might still be the best option for some if it supports more cryptocurrency, charges lower fees, or offers a better user experience.

This page will show all the available free crypto and bitcoin offers from cryptocurrency exchanges. Bookmark the page as we constantly update it when new offers show up.

Without further ado, let’s get started with the list of the best crypto bonuses!

Ninja Note: These bonuses are usually paid in crypto, but some do offer a cash bonus which I’ll specifically call out.

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.

Best Crypto Bonus Offers

Here’s a list of the best crypto bonuses currently available from reputable companies.

Personally, I’m using all the cryptocurrency exchanges I mention in this post (and took advantage of every free crypto sign-up bonus). In fact, read this post all the way to bottom where I share how I turned $120 in Bitcoin bonuses to over $6,000 today!

I recommend you to sign up for a platform that meets your needs while rewarding you for opening an account. If you’re like me and have already completed all the bonuses mentioned below, here are other ways to get free cryptocurrency.

Let’s take a closer look at all the best crypto bonus offers that you can take advantage of today.

Gemini – $15 Crypto Bonus

Gemini is widely considered the most secure cryptocurrency exchange. The company was founded by the Winklevoss twins and supports over 25 cryptocurrencies.

Currently, Gemini is offering new users a $15 crypto bonus when they trade at least $100 within 30 days of account opening (use promo code lpnvmesn during sign-up). The bonus is your choice of any crypto available for trade on Gemini. The most popular selections are Bitcoin and Ether, but there are dozens to choose from.

Gemini logo

iTrustCapital – $100 Bonus

iTrustCapital is a trading platform for individuals to invest in cryptocurrency and precious metals in their IRA. While there are many crypto platforms and exchanges, iTrustCapital is unique in that it provides a retirement account that let’s you buy and sell cryptocurrencies, gold, and silver.

You can get a $100 bonus when you open a new iTrustCapital account and fund it with at least $1,000 (bonus is paid out within 45 days of funding date). The sign-up page doesn’t mention the sign-up offer, but I’ve been assured by the iTrustCapital team that you’ll receive the bonus by opening an account using the link below and complete the funding requirement.

Coinbase – $5 Bitcoin Bonus + Up to $200 Additional Bitcoin Offer

Coinbase is a publicly listed cryptocurrency exchange that’s known for their top-notched security with 100+ cryptocurrencies you can buy and sell on the platform.

New users that join Coinbase will get a $5 Bitcoin bonus after your first purchase of any crypto within 30 days of signing up. You’ll also get an additional bonus between $3 to $200 in the spin-the-wheel event.

And that’s not all. Once you join, Coinbase has up to $167 worth of free crypto they will give you – just for watching videos to learn about crypto and taking a short quizzes afterwards!

Coinbase logo

Kraken – $10 BTC Bonus

Kraken offers one of the lowest trading fees across all crypto platforms (even compared to Binance.US below). When you use Kraken Pro to trade crypto, you’ll be charged just 0.26% to buy and 0.16% to sell.

New Kraken users can get a $10 BTC bonus when they open an account using my referral link and trade $100 of crypto within 30 days of account opening.

Kraken logo

Webull – Up to 75 Free Shares of Stock + $5 Free Crypto

Open a Webull account using the link below and you’ll get up to 75 free shares of stock and $5 worth of free crypto (choose between SHIB, DOGE, BTC, ADA, or ETH).

Here’s how to earn the free stocks and free crypto:

  • Open an account and make a deposit of $500 or more and get 20 more free shares of stock worth between $3 and $3,000 each.
  • Open an account and deposit at least $25,000 or more and get 75 more free shares of stock worth between $3 and $3,000 each.
  • Activate crypto in your Webull app (now Webull Pay) and get $5 worth of free crypto when you make one crypto trade.
Webull logo

Nexo – $25 BTC Bonus

Nexo is one of the world’s most popular cryptocurrency platform that allows its customer to earn compound interest on their crypto that’s paid up daily.

It’s also the only blockchain company to provide its services in 40+ fiat currencies and in more than 200 jurisdictions. Their mission is to maximize the value and utility of cryptocurrencies and this translates into $30+ billion processed for 2+ million users across the globe.

For a limited time, Nexo has boosted their normal sign-up promotion from $10 to $25. This gives you an opportunity to get a $25 BTC bonus for depositing $100 in supported crypto assets.

Nexo logo

eToro – $10 Bonus

eToro is a multi-asset platform which offers both investing in stocks and cryptocurrency. It’s well-known in Europe, but the company has recently opened its doors to investors in the U.S.

In my review of eToro, I mentioned that one of my favorite features is the free demo account that lets you practice your crypto trading skills with $100,000 of free virtual money.

Right now, you can get a $10 bonus when you open an account and make a $100 deposit. Once you’re an eToro user, you can also refer friends and family and both of you will earn $30!

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

Crypto.com – $25 CRO Bonus

Crypto.com is a low-cost crytocurrency exchange that allows you buy, sell, and earn cryptocurrencies. It’s a highly secured platform that provides two-factor (2F) authentication and FDIC insurance on USD balances, and insurance against theft.

You may have heard of the company recently as Crypto.com recently bought the naming rights to Staples Center – the iconic sports arena home to the Los Angeles Lakers. The 20-year, $700 million dollar deal will rename the venue to Crypto.com Arena.

Join Crypto.com with the referral code xync2fjf6j or click on the link below and you’ll receive $25 once you stake $400 worth of CRO (Crypto.com Coin) in a Crypto.com Visa Debit Card (Ruby Steel version or higher).

Crypto.com logo

bitFlyer – $15 Bitcoin Sign-up Bonus

Based in Tokyo, bitFlyer is one of the largest cryptocurrency exchanges in the world with over 2.5 million users. It’s available across the world including the United States, Europe, and Asia.

New users can get a $15 Bitcoin bonus when they sign up for a new bitFlyer account with promo code e0vrpa14 and trade $100 worth of any crypto within 90 days of account opening.

bitFlyer logo

Phemex – $180 Bonus

Phemex is a crypto derivative exchange known for its crazy promotional offers and bonuses. Every time I check, there are at least four or five promos going on.

New customers can get up to a $180 bonus when they join with Phemex promo code C5E4W4. Earn a bonus by doing things like depositing money into your Phemex account, following the company on social media, and placing a spot trade.

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Okcoin – $50 BTC Bonus

Okcoin is a secure cryptocurrency exchange which makes it easy to buy Bitcoin, Ethreum, Dogecoin, and other cryptos. New users who open a free Okcoin account will receive a $50 BTC bonus when they buy $100 or more in crypto within 30 days of account sign-up.

Please note that in November 2023, Okcoin announced that it will be rolled into their parent company, OKX. Promotions have been paused for now until the integration finalizes (forecasted for sometime in 2024).

Okcoin logo

Bake – $10 DFI Bonus

Bake (formerly Cake Defi) is a platform that allows users to put their crypto to work. You can earn cashflow from lending, staking, and mining your cryptocurrency.

New users that join Bake with referral code 939751 will also get a $10 bonus paid in DFI tokens once they deposit $50 worth of coins and allocate them to Staking or Liquidity Mining for one month.

Cake Defi logo

OKX – $50 USDT Mystery Box Offer

OKX is an international cryptocurrency exchange owned by the Ok Group, which also owns the US exchange Okcoin. Known for low trading fees, it could be a good choice for those outside of the United States.

Join OKX via the links below and receive a free mystery box worth up to $50 USDT in crypto rewards when you buy or deposit $50 or more worth of crypto in a single transaction.

The mystery boxes contains crypto rewards that can be BTC, ETH, DOT, and rebate cards.

OKX logo

Binance.US – Up to $40 Cash Bonus

Binance.us is known to be one of the lowest cost cryptocurrency exchanges, with free Bitcoin and Ether trades and charging only a 0.1% spot trading fee and 0.5% buy/sell crypto fee for other cryptocurrencies.

This is lower than competitors like Coinbase (which charges 0.5% for trading fees plus a flat fee of up to $2.99 per trade) and eToro (about 1% for Bitcoin trades).

Binance.US is offering new users up to a $300 cash bonus when they use referral code MONEYNINJA and buy or trade at least $100 in crypto within the first 30 days of account opening.

Binance.US logo

Luno – $35 BTC Bonus

Luno (formerly BitX) is an easy-to-use crypto platform that offers Bitcoin and Ethereum trading. It was founded in 2013 with the goal of making it as simple as possible to buy and sell cryptocurrencies.

This worldwide platform just became available in the United States and is offering new users a $35 BTC bonus when they deposit and trade $100 in any crypto. International users will get €25 in free BTC when they deposit and buy €250 in BTC.

Luno logo

Ledn – $10 USDC Bonus

Ledn is a top-tier crypto platform where you can earn up to 9.50% interest on your Bitcoin and USDC holdings.

This platform rarely offers a sign-up bonus offer, but for a limited time, you can get a $10 USDC bonus once you deposit at least $75 in USDC (or 0.0015 in BTC).

Ledn logo

Bitstamp – $50 Crypto Bonus

Editor’s Note: Bitstamp has temporarily paused their sign-up bonus and referral program. We will update this section once a new crypto bonus becomes available.

Founded in 2011 with headquarters in London, Bitstamp is a well-established cryptocurrency exchange platform. In fact, it’s the world’s oldest crypto exchange and the first one that’s nationally licensed.

Bitstamp is offering a $50 crypto bonus when you buy and stake Ethereum (ETH) and Algorand (ALGO) for a minimum of 30 days. This offer is valid for new and existing users.

Bitstamp logo

The Bottom Line

It’s second nature for me to always sign up for things when there’s a running promotion or if I can find a referral link to use. It’s free money (or free crypto in this instance) that you’d lose out on if you went direct..

A cryptocurrency bonus offer is like a double bonus too. Not only do you get free crypto for signing up, but you can potentially earn more as cryptocurrency rises in value.

I referred 12 classmates to Coinbase during one of my MBA classes a few years ago to earn $120 worth of bitcoins (12 referrals x $10 BTC = $120). I never sold it and just kept it in my Coinbase wallet. Bitcoin was worth about $1,000 back then. Today, that wallet is worth over $6,000!

Best Crypto Bonuses - Coinbase screenshot
(Screenshot from Coinbase app)

You just never know.