10 Best Free Crypto Sign-Up Bonus Offers in October 2024
Starting something new in the financial world can be exciting, especially when enticing perks are involved. Did you know that many cryptocurrency exchanges offer free sign-up bonuses to help newcomers get started in the crypto space?
So, if youre looking for some of the best crypto bonuses, lets go through the 10 best crypto sign-up bonuses available in October for free in the cryptocurrency industry.
How We Picked the Best Free Crypto Sign-Up Bonuses For You
Lets face it, free money often raises red flags. While these offers can be enticing, its crucial to look beyond the initial appeal and analyze the true value.
Thats why we assess some of the best free crypto sign-up bonuses based on several factors described below, precisely to increase your chances and to offer you some of the safest and most lucrative sign-up bonuses of this period:
- Value vs. Effort We compare the bonus amount to the minimum deposit required and any additional actions needed to claim it. A large bonus tied to a massive deposit isnt ideal.
- True Ownership Can you move the bonus funds to an external wallet? Owning your crypto and having transferability is crucial. We prioritize offers where you control your assets, not the platform.
- Coin Preference While crypto exchange tokens have value, we prioritize free Bitcoin, Ethereum, and stablecoins as security measures.
- Holding Period We favor offers with shorter holding requirements, which allow you to access your funds sooner and make your own investment decisions.
- Platform Reputation This article included only reputable, regulated exchanges with a good track record for security and customer service.
SIDENOTE. To provide you with reliable options and ensure youre not left with a risky phantom crypto exchange, weve also included free crypto sign-up bonuses alongside our list. These bonuses arent guaranteed, but they offer the chance to win up to X as a giveaway or by completing some tasks.
Of course, they are not prioritized at this top, but there is a chance to appear. Be sure to carefully read the details of each free sign-up bonus below.p, but there is a chance to appear. Be sure to read the details of each free sign-up bonus below carefully.
In a Nutshell: Best 10 Free Crypto Sign-Up Bonuses
In a nutshell, the best crypto sign-up bonuses available at the moment are the following:
- BYDFi Complete the First Deposit Trade to Get 100 USDT. Get $2888 in Rewards for Completing Tasks
- KuCoin Earn Up to 11,200 USDT in Crypto Rewards
- M2 Get 260 USDT in Rewards
- HTX Global Obtain Up to 241 USDT
- ByBit New User Exclusive-Up to $30,000 in Deposit Bonus
- Gate.io Unbox Your Luck and Get a $6,666 Prize
- Phemex Earn Up to 8,800 USDT
- eToro Occasionally 10$ Crypto Bonus for Signing-Up
- MEXC Up to 8,000 USDT Crypto Sign Up Bonus
- BingX Up to 6,000+ USDT Rewards
For a better understanding, read the entire description below of the crypto exchanges and how new users can benefit from their welcome bonuses, crypto sign-up bonuses, and other promotional offerings.
Best 10 Free Crypto Sign-Up Bonuses
1. BYDFi Get $2,888 in Welcome Rewards for Completing Tasks
BYDFi Exchange, formerly known as BitYard, is a secure cryptocurrency exchange founded in April 2020 and rebranded as BYDFi in January 2023 to highlight its dedication to BUIDL, fostering new crypto projects and driving innovation in the digital asset space.
BYDFi presents a great offer for new users who create accounts on their platform. BYDFi provides ongoing tasks for new users, allowing them to earn rewards of up to $2,888.
Some of the current tasks include:
- Linking Google Authenticator to receive a 2 USDT perpetual coupon;
- Setting an Anti-Phishing Code for another 2 USDT perpetual coupon;
- Joining community channels for additional coupons;
- Enjoy a 10% deposit back, up to 50 USDT Perpetual Coupon for your first deposit with Banxa,Transak or Mercuryo;
- Get a 30USDT perpetual coupon for your first deposit;
Users can also earn bonuses ranging from 5 to 5,000 USDT by submitting valuable feedback.
Moreover, BYDFis affiliate program extends up to a 50% commission for all referral trading fees. There are no restrictions on the number of referrals or trades from which users can earn, making it a lucrative opportunity.
Additionally, once youre done with the new user tasks, you can upskill your passive income by completing different advanced tasks.
So, based on our research, BYDFi currently stands out as a platform offering some of the best crypto bonuses in the market.
2. KuCoin Earn Up to 11,200 USDT in Crypto Rewards
- Crypto sign-up bonus valid during the period: N/A
KuCoin is an established international crypto exchange that has gained a reputation since its inception in 2017, ranking among the top exchanges in terms of trading volume.
As part of its user acquisition strategy, KuCoin offers incentives to new users through crypto rewards or bonuses.
As of the current writing, KuCoin allows new users to earn up to 11,200 USDT in rewards. To qualify for these rewards, users must:
- Complete the sign-up process;
- Verify their identity;
- Complete their first deposit/Buy crypto;
- Trade crypto;
- Complete advanced trades.
Users must complete the required tasks within 15 days of signing up to qualify for the rewards, with each reward only available once per user.
3. M2 Get 260 USDT in Rewards
- Crypto sign-up bonus valid during the period: N/A
M2 is offering a bonus of up to 260 USDT in rewards! As a dedicated crypto exchange, M2 emphasizes security, transparency, and innovation. They prioritize the safety of your assets with features like proof of reserves and external audits.
Trade confidently on M2s secure and reliable platform, offering a wide selection of cryptocurrencies. Kickstart your crypto journey with their exclusive 260 USDT Welcome Bonus. Earn rewards every time you complete a task and unlock more tasks along the way.
4. HTX Global Obtain Up to 241 USDT
- Crypto sign-up bonus valid during the period: N/A
At the time of writing, HTX Global (formerly Huobi Global) offers some of the best sign-up bonus offers that are particularly beneficial for beginners joining the crypto industry.
Currently, HTX is promoting a generous welcome bonus of up to $241 for new users who complete these straightforward tasks:
- Sign-up;
- Verify their identities;
- Deposit funds;
- Deposit futures;
- Trade futures;
- Leverage spot trading;
- Reach over 1,000 USDT in spot trading.
Furthermore, HTX offers an attractive affiliate program where users can earn up to 30% commission by referring friends. However, when it comes to trading activities, HTX Global has different trading volume milestones that constantly refresh.
So, these bonuses present excellent opportunities for new and existing accounts on HTX, making them highly worthwhile incentives to consider during this period.
5. ByBit New User Exclusive-Up to $30,000 in Deposit Bonus
- Crypto bonus valid during the period: N/A
The next place in our top goes to ByBit, a crypto trading platform based in Singapore specializing in cryptocurrency derivatives worth checking out.
The co-founder of ByBit, Ben Zhou, saw the potential in trading and started the platform in 2018. Before becoming ByBits CEO, Zhou worked at XM, a forex brokerage firm, where he was the general manager for Greater China.
Currently, ByBit has some crypto bonus offers worth considering; one of the best is a deposit bonus, which means that users must deposit and trade more to elevate their VIP status and unlock higher-tier rewards.
For instance, if a new user deposits $100 and trades $500, they will receive a $10 crypto reward. However, if they deposit $250K and trade $150M, they will earn a staggering $30,000. The ByBit team promotes this bonus by stating that over 80% of users win $100 or more.
Besides that deposit bonus, ByBit may have one of the industrys most lucrative referral programs, offering many great referral bonuses.
Also, ByBit has a referral program that offers exclusive benefits. All you need to do is to share the referral links with your friends.
- 10% permanent reduced trading fee;
- 1,000 cryptos, low fees, high security;
- $30,000 deposit blast-off bonus.
6. Gate.io Unbox Your Luck and Get a $6,666 Prize
- Crypto bonus valid during the period: N/A
Gate.io is a high-volume trading platform renowned for its enticing benefits, incentives, and deals tailored for new users. Upon signing up and completing basic ID verification, new users receive a generous $100 welcome bonus.
Additionally, Gate.io offers a Task Center where users can earn up to $6,666 in trial funds by completing straightforward tasks. These tasks may include daily check-ins, P2P trading, copy quantitative strategy, and copy trading.
Furthermore, users can enjoy the referral program that offers free credits and 40% commission.
Invite your peers to sign up and complete identity verification within 7 days and youll be rewarded 10 credits. The invitees spot trading volume accumulates no less than 10,000 or futures trading volume no less than 50,000 within 60 days from the date of signup, and youre rewarded with 1,000 Credits.
*Each user can earn a maximum of 50,000 credits through this task.
Be sure to check out Gate.ios Rewarding Hub and enjoy the multiple bonuses that await you!
7. Phemex Earn Up to 8,800 USDT
- Crypto sign-up bonus valid during the period: N/A
Phemex is one of those crypto exchanges known for providing users with numerous benefits on their platform. One notable feature is the Phemex Rewards Center, where users can view and claim available bonuses.
Currently, new users can take advantage of an exclusive crypto promotion offering potential earnings of up to 8,800 USDT.
Heres how you can win on Phemex:
- Registration and Advanced Identity Verification: Claim your reward and stand a chance to win up to 1,200 USDT;
- First-time Deposit/Coin Purchase: Complete your initial and minimum deposit to receive rewards of up to 1,500 USDT;
- First-time Trading: Make your first trade to earn rewards of up to 2,100 USDT;
- Advanced Trading for New Users: Complete the limited-time tasks to potentially receive rewards of up to 4,000 USDT.
Moreover, you can learn and earn additional crypto bonuses, by watching videos and completing quizzes.
8. eToro Occasionally 10$ Crypto Bonus for Signing-Up
- Crypto bonus valid during the period: N/A
eToro (actively in the US under eToro USA LLC) is a user-friendly and straightforward online broker and social trading platform that aids many crypto enthusiasts, regardless of their trading skill level, based on their low trading fees, the possibility to trade stocks, crypto, and many others.
You must know that eToro occasionally offers new customers a bonus for completing their account verification process. If youre opening an eToro investment account through their website or mobile apps for the first time, you may be eligible for a $10 crypto bonus.
Youll find out if this offer is available to you immediately after registering a new account, where youll be presented with an offer screen. If this screen doesnt appear, unfortunately, theres no offer available for your new account.
If you are eligible, you can choose one of nine cryptocurrencies for your bonus: BTC, ETH, DOGE, SHIBxM, LTC, COMP, LINK, BCH, or XLM.
Once your account verification is complete, the $10 crypto bonus will automatically appear in your portfolio.
9. MEXC Up to 8,000 USDT Crypto Sign Up Bonus
- Crypto bonus valid during the period: N/A
MEXC Global is a centralized cryptocurrency exchange designed for digital trading with a strong track record of security features, such as SSL encryption, two-factor authentication (2FA), and cold storage for most of your funds.
This crypto exchange was founded in 2018 and, by now, managed to gather a strong community of 10 million active users who aim to easily trade crypto and enjoy other crypto services through a user-friendly platform in more than 170 countries.
Currently, MEXCs cryptocurrency bonus offers up to 8,000 USDT upon completing simple tasks, such as:
Deposit Reward
- Deposit 300 USDT Receive 10 USDT Futures Bonus;
- Deposit 500 USDT Receive 20 USDT Futures Bonus;
- Deposit 2,000 USDT Receive 40 USDT Futures Bonus.
Trading Reward
- First Futures Trade 2,000USDT Receive 10 USDT Futures Bonus;
- Trade 5,000 USDT Futures Trading Volume Receive 20 USDT Futures Bonus;
- Trade 20,000 USDT Futures Trading Volume within 7 days Receive random 10-100 USDT Futures Bonus.
Community Reward
- Receive 2 USDT Futures Bonus or 5 USDT Futures Bonus;
- Join the referral program, and if your friend has completed KYC and traded 1,000 USDT on Futures with MEXC, receive 10 USDT Futures Bonus;
- Each user can claim up to 820 USDT for the referral bonus.
The bonuses can only be redeemed by new Futures users and existing users who activated the Futures account before but never traded on Futures or have yet to make any transfer of funds to their Futures account.
10. BingX Up to 6,000+ USDT Rewards
Crypto bonus valid during the period: N/A
BingX is a FinTech company that entered the market in 2018, offering services for spot and derivatives trading of various crypto coins.
This crypto social trading platform boasts multiple beneficial features, such as instant trading, access to a free demo account, and automated trading.
When creating a new account, users are rewarded with a sign up bonus of 30 USDT, a verification bonus of up to 500 USDT, then a first deposit bonus of up to 500 USDT, and lastly, 500 USDT for the first trade.
Other Methods to Earn Crypto Bonuses
Learn-to-Earn & Airdrops
Beyond sign-ups, you can earn crypto through learn-to-earn programs and airdrops. Platforms like Coinbase offer opportunities to earn crypto by completing learning tasks.
Moreover, airdrops reward you with crypto for completing tasks or showing loyalty to a platform.
Lending
Crypto lending, a feature of decentralized finance (DeFi), functions similarly to traditional lending but without human intermediaries.
Loans are granted based on collateral requirements, facilitated by smart contracts. Some platforms offer cashback rewards and attractive interest rates.
Staking
Crypto staking is crucial for proof-of-stake blockchains, securing networks, and generating new coins. Users lock their assets for a period to support blockchain functionality and earn additional cryptocurrency as a reward.
FAQs
Can I Get Free Crypto?
Yes, any crypto enthusiast can earn free crypto coins by completing tasks, taking advantage of some of the best crypto sign-up bonuses and offerings, using crypto cards, staking crypto assets, learning about crypto, or joining airdrops.
These methods offer opportunities to accumulate crypto generally without investing money directly. However, in some cases, a referral code is required to unlock new opportunities.
Which App Gives Free Crypto?
Numerous apps offer free crypto sign-up bonuses when you create an account and execute trades. Among the popular options are BYDFi, KuCoin, M2, HTX Global, ByBit, Gate.io, Phemex, eToro, MEXC, BingX, Nexo, and BTCC.
Can I Withdraw the Free Crypto Sign-Up Bonus Instantly?
No, in most cases, you cannot withdraw the free crypto sign-up bonus instantly.
These bonuses typically come with conditions and restrictions. They may be in the form of vouchers, fee rebates, or platform-specific tokens, and you may need to fulfill specific requirements, such as trading, staking, or holding a specific amount of cryptocurrency, before being able to withdraw them.
What Crypto Exchange Has the Best Sign-Up Bonus?
Currently, the best sign-up bonus you can get is offered by BYDFi.
However, you should know that there are many apps that offer free crypto for signing up, including those offered by crypto exchanges BYDFi, KuCoin, M2, HTX Global, ByBit, Gate.io, Phemex, eToro, MEXC, BingX, Nexo, and BTCC.
Are Free Crypto Sign-Up Bonuses Available to Everyone?
Free crypto sign-up bonuses are generally available to new users who havent registered with the platform or dont have an existing crypto trading account. Existing users may not qualify for these bonuses.
Furthermore, specific platforms may impose geographical restrictions, meaning the bonus may not be available in all countries.
Its important to verify if the bonus is accessible in your region before attempting to claim it.
Do I Need to Provide Personal Information to Get the Bonus?
Yes, most cryptocurrency platforms do require users to provide personal information as part of their Know Your Customer (KYC) and Anti-Money Laundering (AML) procedures.
This information is necessary to verify users identity and maintain the security and integrity of the platform and its users in order to receive the crypto bonus offers and promotions.
Final Thoughts
Many companies offer worthwhile crypto bonus offers and promotions that serve as an excellent entry point into the world of cryptocurrencies, thus being a low-risk opportunity to explore the market.
They provide an immediate return on your investment and help you familiarize yourself with how cryptocurrency exchanges operate.
However, remember that these offers are subject to change frequently. Well update this page to ensure you have access to the latest information, but please check the information twice.
The post 10 Best Free Crypto Sign-Up Bonus Offers in October 2024 appeared first on Coindoo.
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