How To Earn Money With Crypto Referral Programs

Most popular crypto exchanges and services have crypto referral programs available to all users. In this guide, we will explain in simple terms how you can earn money using each of these platforms. Don’t worry if you are not signed up on any of them. You can do so right now and start earning cash, crypto, or other benefits. 

What is a crypto referral program?

A crypto referral program is a marketing strategy where a cryptocurrency service or platform offers an incentive to its users to invite friends, family, or associates to join the platform. For each referral that fulfills the conditions, the platform offers a reward. 

The reward can be in the form of a commission, a set cash bonus, or other benefits. The goal of a crypto referral program is to increase user acquisition and drive growth for the platform. Here are the best crypto referral programs on the market today, where users can earn money by simply signing their friends up to crypto platforms.

1. eToro – Earn a $30 reward (for U.S. users only)

eToro is a social trading and multi-asset brokerage platform established in 2007, based in Cyprus. On eToro, you will find a variety of financial instruments, including stocks, commodities, currencies, and cryptocurrencies. It’s a unique platform, blending trading with a social network for traders. On eToro, users can follow and replicate the strategies of successful traders.

2. Kraken – Earn up to $100 in BTC

Kraken is one of the top cryptocurrency exchanges. With Kraken, traders and investors can buy and sell digital assets like Bitcoin and Ethereum. Since this is one of the oldest crypto exchanges on the market, the platform now offers over 185 cryptocurrencies. 

The exchange features spot trading at market rates and futures trading, making it a suitable choice for both new and experienced crypto investors and traders looking for a low-fee platform with extensive coin offerings.

3. ByBit – Earn up to 30% commission from every trade completed by your referral

ByBit is a top centralized crypto exchange known best as the largest crypto futures platform. It is available to investors and traders in over 160 countries. The platform has a vast product offering that allows customers to set futures contracts and purchase, sell, hold, and trade Bitcoin, altcoins, and NFTs. Spot trading and staking are also available on the platform. 

ByBit also offers multi-language community support and outstanding customer service. The exchange boasts a flawless security record with 100% uptime and no breaches since its launch.

4. ZenGo – Earn $10 bonus for each friend who buys crypto worth of $500

ZenGo is one of the most secure web3 crypto wallets. It provides superior security through MPC technology (used by large financial institutions) that eliminates the need for a private key. The wallet also offers the option to recover access from anywhere. The ZenGo wallet was developed by Israel-based KZen Networks. The team of developers raised $20 million in series A funding due to their security, engineering, and cryptography expertise.

ZenGo aims to simplify and secure the crypto economy for everyday users while maintaining the highest level of safety. The team aims to support all relevant native crypto protocols, financial services, and digital assets.

5. ApeX – Earn 10% cashback on referrals fees + 3% cashback on your fees

ApeX is a decentralized exchange (DEX) that operates on the ApeX Protocol, a permissionless platform launched on Arbitrum in early 2022. It uses an order book trading model to trade derivatives, specifically perpetual futures contracts, with benefits such as zero gas fees, high leverage, and low slippage. The platform is private, with no KYC requirements, and secure. Its order book system offers a familiar interface for all crypto traders.

6. Coinbase – Earn $10 for each referral (bonus may vary for each country)

Coinbase is one of the world’s largest and most popular crypto exchanges. It is one of the best choices for those looking to invest for the first time in crypto. 

Coinbase enables individuals and organizations to purchase, sell and hold popular digital assets, including Bitcoin and Ethereum. Established in 2012, the platform is based in San Francisco, California, and is available in over 100 countries, serving over 108 million customers. 

Coinbase also provides a range of tools and offerings for retail and institutional investors, including staking, lending, and borrowing digital assets. Each crypto investor account has a special referral code. A crypto referral of $10 (in BTC) is being offered to new referrals once new accounts have traded at least $100. 

7. Embily – Earn €30 for every friend who spends €100

Embily is an Estonia-based fintech company aiming to improve crypto usability by addressing one of the barriers to widespread adoption. They aim to increase the number of businesses that accept crypto as payment. Embily’s main product is a Visa debit card that can be used like a regular card or for crypto transactions. With an Embily account, you can manage up to five cards, transfer funds, monitor your spending, freeze your card, and change your pin. Essentially, you can do everything else you would do with a regular debit card issued by your bank. 

8. Nexo – Earn $25 in BTC

Nexo is one of the most popular centralized crypto lending and borrowing platforms. The platform allows individuals and institutions to borrow cash or stablecoins using their digital assets as collateral. Founded in Switzerland in 2017, Nexo boasts its own native token, the NEXO token. Investors who also hold NEXO tokens benefit from discounts on interest rates and higher interest rates on deposits. NEXO may also be used as collateral for borrowing. 

9. OKX – Earn up to $10,000

OKX is an established cryptocurrency exchange offering a wide variety of products and solutions. The exchange has over 20 million users across 180 regions. The platform also provides many trading tools, including OKX Insights, a research service that gives insights into the latest cryptocurrency trends. OKX is known for its low fees, making it a cost-effective trading option. The exchange is also highly transparent and regularly publishes Proof of Reserves audits.

Crypto referral programs compared

Platform |	Type of platform |	Referral bonus |	Requirements
eToro | Sign up	Trading brokerage platform	Earn $30 reward(for US users only)	Sign up using THIS LINK. Share your referral link with your friend. He must deposit $100
Kraken | Sign up	Centralized cryptocurrency exchange	Earn $10 (up to $100 total)	Sign up using THIS LINK. Share your referral link with your friend. He must trade $100. Only works for up to 10 friends.
ByBit | Sign up	Crypto futures and spot trading exchange	Bonus up to 2,000 USDC for derivatives trading	Sign up using THIS LINK. Share your referral link with your friend. Earn up to 30% of his trading commission.
ZenGo | Sign up	Cryptocurrency wallet	Earn 50% of ZenGo commission every time friends buy crypto	Sign up using THIS LINK. Share the referral link with your friends. Earn up to 50% of their trading commissions.
ApeX | Sign up	Decentralized crypto exchange	Earn 10% cashback on referee’s fees, and 3% cashback on your fees	Sign up using THIS LINK. Share the referral link with your friends. Earn cashback on trading fees.
Coinbase | Sign up	Centralized cryptocurrency exchange	Earn $10 for each referral (bonus may vary for each country)	Sign up using THIS LINK. Share your referral link with your friends. The referral must complete a minimum deposit (usually $100).
Embily | Sign up	Card payment service	Earn €30 for every friend who spends 100 Euro	Sign up using THIS LINK, order a new card & spend over €100
Nexo | Sign up	Centralized crypto lending and borrowing platform	Earn $25 in BTC for each referral	Sign up using THIS LINK. Your referral must deposit $100 and hold it on the platform for 30 days.
OKX | Sign up	Cryptocurrency spot and derivatives exchange	Earn referral bonuses worth up to $10,000	Sign up using THIS LINK. Share your referral link with your friend. He must deposit $50

Ready to earn money with crypto referrals?

Most crypto referral programs are already available to all users. There are no special preconditions to sharing referral links and earning a passive income. Referral programs are a great way for crypto services to increase awareness and user adoption while giving back to customers. However, do note that some of these offers may change over time. Large companies have shut down their referral programs in the past, which may also happen with crypto companies in the future. So be sure to make the most of the offers while the market is still expanding. 

Frequently asked questions