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Top 7 Platforms To Earn Bitcoin Sign-Up Bonuses in 2024

11 mins
Fact Checked
by May Woods
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Everyone loves a good Bitcoin bonus. This article explores the best platforms offering Bitcoin sign-up bonuses in 2024. Learn how to get your hands on some BTC and start maximizing your cryptocurrency investments today.

Top platforms to earn a Bitcoin sign-up bonus

1. Coinbase

$5 in BTC after first purchase
Geo
100+ countries
Fees
$0.99-$2.99

2. Uphold

$20 Bitcoin bonuses
Geo
45 countries (ex. NY state residents)
Fees
0.25-2.5%

3. Nexo

$25 in BTC referral
Geo
150+ countries
Fees
0.2% maker and taker

4. ZenGo

$10 free Bitcoin
Geo
Global
Type
Mobile wallet

Sign-up bonuses which can be exchanged for BTC

5. Wirex

1000 WXT for registration and KYC
Geo
130 countries
Fees
N/A

6. Margex

$50 registration; deposit bonus
Geo
150+ countries
Fees
0.06% (maker) and 0.019% (taker)

7. *KuCoin

Up to 100 USDT
Geo
150+ countries
Fees
0.1% maker and taker

*In 2024, KuCoin is facing charges from the Department of Justice following allegations that the platform knowingly flouted AML rules in the U.S. The company’s legal woes have dramatically dropped its market share, with many concerned users withdrawing funds from the platform. For a detailed overview of the current situation, please check our explanation of KuCoin’s legal status. If you are considering alternatives to KuCoin, explore our recommended exchanges here.

PlatformTypeGeoFeesBonus
CoinbaseBrokerage100+ countries$0.99-$2.99$5 in BTC
UpholdTrading platform45 countries0.25-2.5%$20 in BTC
NexoTrading platform150+ countries0.2%$25 in BTC
ZenGoWalletGlobalN/A$10 per referral
WirexPayment platform130 countriesN/A$5 in WXT
MargexExchange150+ countries0.06% (maker) and 0.019% (taker)$100
*KucoinExchange150+ countries0.1%100 USDT

What is a Bitcoin sign-up bonus?

A Bitcoin sign-up bonus is typically a promotional event where a platform persuades users to sign up to use its service in exchange for Bitcoin. This attracts users in hopes that they will use the platform after signing up.

When you consider the volatility of the crypto market, where exchange trading volume often fluctuates or declines, bonuses help boost exchange revenue.

bitcoin bonus exchanges
Top crypto spot exchanges: CoinMarketCap

In this way, bonuses mutually benefit both the consumer and the exchanges. CEXs can always use them as a tool to attract new users, and customers can use them as a way to earn a little extra crypto.

How to maximize your Bitcoin earnings from sign-up bonuses

Sign-up bonuses essentially offer a form of free money that can help you build your crypto portfolio. Here are some key strategies to ensure you’re getting paid in crypto as efficiently as possible:

  • Research multiple platforms: Not all platforms offer the same bonuses. Compare the sign-up bonuses from various exchanges to find the most lucrative offers.
  • Read the terms and conditions: It is crucial to understand the requirements for receiving and withdrawing your bonus. Some platforms may have specific conditions, such as trading a certain volume or holding the funds for a set period.
  • Complete all verification steps: To qualify for the bonuses, you must complete the necessary verification processes, such as identity verification and email confirmation.
  • Utilize staking or lending: Some platforms allow you to earn interest on your Bitcoin. Consider staking or lending your bonus to increase your earnings.
  • Diversify your platforms: Don’t limit yourself to one platform. Signing up for multiple exchanges can multiply your bonuses.
  • Watch for scams: Ensure your chosen platforms are reputable and secure to avoid potential scams or losing your free money.
  • Plan your withdrawals: Understand the best times to withdraw your Bitcoin to maximize the value you receive, considering potential fees and market conditions.

How does a Bitcoin sign-up bonus work?

Generally, a sign-up bonus works by offering new users the opportunity to earn Bitcoin and, in some cases, other cryptocurrencies. In many cases, signing up for the platforms offering Bitcoin bonuses is merely the first step and requires further action.

Therefore, stay prepared to commit to a few extra steps to receive that bonus. Given that many exchanges require proof of personhood, you will typically have to complete Know Your Customer instructions to further qualify for the bonus.

Some Bitcoin rewards platforms may stop here and reward you. Comparatively, some will require you to deposit a certain amount of crypto or fiat to fund your account.

Lastly, you may have to trade. Typically, the requirement will be at least one trade of a specified amount. In return, you will receive a bonus. It is important to note that each platform is unique and may have restrictions on how you use your Bitcoin.

For example, the exchange may not allow you to take your Bitcoin off of the exchange or give you an IOU that represents Bitcoin, rather than actual Bitcoin. On the other hand, some Bitcoin sign-up bonus platforms may require a referral. In the latter scenario, the bonus event is closer to a crypto affiliate program.

Other ways to earn BTC bonuses

free bitcoin bonus

Learn-to-earn & airdrops

Beyond sign-ups and registrations, there are other ways to earn Bitcoin. In particular, learn-to-earn and crypto airdrop opportunities allow you to earn Bitcoin at little to no cost.

In brief, learn-to-earn simply means that you can earn Bitcoin and other cryptocurrencies simply by learning. For example, YouHodler, in collaboration with BeInCrypto, allows you to earn by completing learning tasks.

Moreover, airdrops give you crypto for completing certain tasks or as a reward for your loyalty to a particular platform. Both opportunities present low to no-cost ways to earn BTC and, in some cases, passive income.

Lending

Crypto lending is a key DeFi offering. It works similarly to traditional lending services offered by banks. With DeFi, loans are granted so long as the individual meets collateral requirements. Rather than a human intermediary, these loans can be rapidly executed by smart contracts. In another mirror image of TradFi, crypto cards are also becoming increasingly mainstream. Some of these services offer perks such as cashback rewards and attractive interest rates.

Kucoin

Kucoin
Get BTC Best for derivatives trading
Geo 150+ countries
Fees 0.09% for loans

Wirex

Wirex
Get BTC Best for crypto card
Geo 130 countries
Fees 10% APR

YouHodler

YouHodler
Get BTC Best for loans on multiple assets
Geo 150+ countries
Interest rate 2% to 7%

Staking

Crypto staking is a key component to the functioning of proof-of-stake blockchains. Staking secures the network and generates new coins. In practice, users lock their assets for a set period to support a blockchain’s functioning. In doing so, stakers can earn additional cryptocurrency as a reward.

Coinbase

Coinbase
Get BTC Best for security
Geo 100+ countries
Fees $0.99-$2.99

Wirex

Wirex
Get BTC Best for crypto card
Geo 130 countries
Fees N/A

Margex

Margex
Get BTC Best for copy trading
Geo 150+ countries
Fees 0.06% (maker) and 0.019% (taker)

It’s important to note that Bitcoin cannot be directly staked as it’s a proof-of-work (PoW) coin. You can either stake wrapped BTC on proof-of-stake (PoS) blockchains, or use CEXs that allow BTC staking

How are Bitcoin bonuses taxed?

Bitcoin taxation on bonuses is largely dependent upon the jurisdiction that you reside in. For example, in the United States, the IRS treats cryptocurrencies as property for tax purposes. Therefore, when a person receives a bonus in crypto from a CEX, it is considered as income.

Keen to know more about crypto tax in your area? Check out our comprehensive crypto tax guide.

Choose the best bonus for you

A Bitcoin bonus is an appealing concept. All the offers listed in this article represent genuine opportunities to receive free crypto. But don’t get carried away. Remember to prioritize safety and crypto wallet security at all times. Only ever click on official links, and beware of crypto scams. Finally, the crypto market is volatile, and today’s profit could be tomorrow’s loss. Always move through decentralized ecosystems with a strategy, and never invest more than you can afford to lose.

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Ryan Glenn
Ryan Glenn is a journalist, writer, and author. Ryan is motivated to educate as many people as possible on the benefits of web3 and cryptocurrency. He has authored “The Best Book for Learning Cryptocurrency,” and runs an educational platform, web3school.us, dedicated to demystifying the crypto space. Ryan built the platform to transition tech-savvy and non-tech individuals into crypto and give everyone a baseline understanding of the different fields in the cryptosphere. Ryan is also an...
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