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

11 mins
Fact Checked
by Maria Petrova
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Who doesn’t like a good Bitcoin bonus every now and again? The only thing better than a bonus is multiple bonuses! With that in mind, BeInCrypto has selected the best platforms offering Bitcoin sign-up bonuses in 2024. Here’s what you need to know and how to get your hands on some BTC.

Methodology for top platforms to earn Bitcoin sign-up bonus

Top platforms to earn Bitcoin sign-up bonus

1. Coinbase

1. Coinbase

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

2. Nexo

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

3. ZenGo

$10 free Bitcoin
Geo
Global
Type
Mobile wallet
4. Uphold

4. Uphold

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

Sign-up bonuses which can be exchanged for BTC

5. Wirex

5. Wirex

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

6. KuCoin

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

7. Margex

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

What is a Bitcoin sign-up bonus?

A Bitcoin sign-up bonus is typically a promotional event where a platform, such as an exchange, 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. These types of events are very common in crypto and typically boost a platform’s stats, such as trading volume.

When you look at the volatility of the crypto market, where exchange trading volume often fluctuates or declines, bonuses help to boost revenue for exchanges.

bitcoin bonus exhange volume
Declining exchange volume: 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 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.

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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 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 in a similar way to the traditional lending service 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 not that Bitcoin cannot be directly staked as it’s a PoW coin. You can either stake BTC on 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.

Frequently asked questions

Frequently asked questions

Top crypto platforms in the US | February 2024

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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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