14 Best Free Crypto Sign-Up Bonus Offers in August 2024

As someone who has dabbled in the world of cryptocurrencies for a while now, I can confidently say that the opportunities to earn free crypto are more tantalizing than a freshly baked digital pie!

Discovering fresh opportunities in the financial realm can be thrilling, particularly with tempting incentives at hand. Interestingly, numerous cryptocurrency trading platforms extend complimentary welcome rewards to facilitate beginners’ entry into the crypto market.

As a seasoned investor with years of experience in the crypto market, I can confidently say that finding the best sign-up bonuses is crucial for anyone looking to maximize their returns in this rapidly evolving industry. In my personal journey, I’ve learned to keep an eye out for such offers as they can provide a significant boost to one’s initial investment and overall portfolio growth. In this article, I’ll be sharing 14 of the top sign-up bonuses available in August that you can claim for free – don’t miss out on these fantastic opportunities!

How We Picked the Best Free Crypto Sign-Up Bonuses For You

It’s important to acknowledge that the phrase “free money” tends to trigger warnings. Although such deals might seem tempting at first glance, it’s essential to scrutinize them carefully to understand their actual worth.

To ensure a smooth experience for you and provide the safest and most profitable sign-up bonuses during this period, we evaluate free crypto sign-ups by considering multiple factors as explained below: this approach enhances your opportunity to avoid complications.

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 isn’t 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, allowing you to access your funds sooner and make your own investment decisions.
Platform Reputation – We included only reputable, regulated exchanges with a good track record for security and customer service in this article.

SIDE NOTE: To expand your choices and minimize the risk of dealing with uncertain phantom cryptocurrency platforms, we’ve added bonus sign-ups for crypto services in our list. These bonuses aren’t guaranteed but may reward you “up to X” as a prize or upon completing certain tasks.

As an analyst, I’m pointing out that these offers aren’t immediately at the top, but they do have potential to show up. It’s crucial to thoroughly review the specific details of each free sign-up bonus available below.

In a Nutshell: Best 14 Free Crypto Sign-Up Bonuses

In a nutshell, the best crypto sign-up bonuses available at the moment are the following:

BTC

As a diligent analyst, I’d recommend thoroughly reviewing the detailed explanations provided about cryptocurrency exchanges, focusing on how novice users can take advantage of their welcome incentives, sign-up rewards in cryptocurrencies, and other enticing promotions designed to attract new participants.

Best 14 Free Crypto Sign-Up Bonuses

1. BYDFi – Get $2,888 in Welcome Rewards for Completing Tasks

Initially called BitYard, BYDFi Exchange was launched in April 2020 and later changed its name to BYDFi in January 2023. This change signifies their strong commitment to “BUIDL,” which stands for Building (creating), and their focus on nurturing fresh cryptocurrency projects and promoting technological advancement within the digital assets sector.

As a researcher, I can express it as follows: When you sign up with BYDFi, you’ll find a stream of tasks tailored specifically for newcomers like yourself. By completing these tasks, you stand a chance to earn impressive rewards amounting to a maximum of $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.

Additionally, BYDFi’s affiliate program offers up to a 50% commission on all referral trading fees. This means that there is no limit to the number of referrals or trades that users can make to earn commissions, creating an attractive and profitable opportunity.

After you finish the tasks for the new users, consider enhancing your passive income by tackling various advanced assignments instead.

From our findings, it appears that BYDFi is particularly notable for its generous crypto rewards among various platforms available today.

2. KuCoin – Earn Up to 11,200 USDT in Crypto Rewards

Crypto sign-up bonus valid during the period: N/A

KuCoin is an internationally recognized cryptocurrency trading platform, which has built a solid reputation since its launch in 2017. It consistently ranks high in terms of daily trading volume, placing it among the leading exchanges worldwide.

To attract new users, KuCoin provides incentives such as cryptocurrency rewards or bonuses within their user-acquisition approach.

From my personal experience, I have found that the cryptocurrency exchange platform KuCoin offers a unique opportunity for newcomers to earn up to 11,200 USDT in rewards. Having dabbled in various exchanges myself, I can say that this is an attractive proposition for those looking to get started in the world of digital currencies.

Complete the sign-up process: New users can claim a token reward worth up to 700 USDT upon registration;
Verify their identity: Completing identity verification unlocks deposit and trading permissions, with the chance to earn up to 11,200 USDT;
Complete their first deposit/Buy crypto: Users can receive rewards of up to 100 USDT upon making their first minimum deposit or purchasing crypto;
Trade crypto: Completing the first trade on the platform also offers the opportunity to earn up to 100 USDT in rewards;
Advanced trades could also give you rewards of up to 100 USDT.

15 days after signing up, users should finish all necessary tasks to become eligible for the incentives. Each reward can be claimed by a user only once.

3. M2 – Get 260 USDT in Rewards

Crypto sign-up bonus valid during the period: N/A

As a seasoned cryptocurrency investor who has faced numerous scams and security breaches in my journey, I find M2’s commitment to security, transparency, and innovation truly commendable. Their emphasis on features like proof of reserves and external audits speaks volumes about their dedication to protecting users’ assets. The offer of up to 260 USDT in rewards is a welcome bonus that aligns with my pursuit of maximizing returns while ensuring the safety of my investments. I believe M2 stands out as a reliable and trustworthy platform in the competitive crypto exchange landscape, making it an attractive choice for investors like myself.

Confidently trade various cryptocurrencies on M2’s robust and dependable platform, backed by strong security measures. Start your crypto adventure today with their unique 260 USD welcome bonus offer. Accumulate rewards as you accomplish tasks, and uncover new challenges to conquer.

4. HTX Global – Obtain Up to 241 USDT

Crypto sign-up bonus valid during the period: N/A

Currently, when signing up, HTX Global (previously known as Huobi Global), provides generous welcome incentives tailored specifically for newcomers diving into the world of cryptocurrencies.

At the moment, HTX offers a welcoming incentive, which can go as high as $241, for fresh users who successfully finish these simple tasks.

Sign-up Reward: Receive a 2 USDT cashback voucher upon signing up;
ID Verification Reward: Obtain a 2 USDT cashback voucher by completing L1 KYC verification;
Deposit Reward: Win a 5 USDT cashback voucher by making the minimum deposit;
Futures Deposit Reward: Earn a 2 USDT cashback voucher by completing the first futures deposit of ≥200 USDT;
Futures Trading Reward: Score up to 100 USDT by completing the first futures trade of ≥500 USDT;
Spot Trading Reward: Grab up to 100 USDT by completing the first spot trade;
Additional Spot Trading Reward: Receive 2 cashback vouchers (worth 10 USDT + 20 USDT) if the total spot trading volume is ≥1,000 USDT.

In addition, HTX provides a rewarding affiliate scheme allowing users to potentially make up to 30% in commissions by bringing friends on board. Conversely, when it comes to trading with HTX Global, there are regularly updated trading volume thresholds.

As someone who has been managing my investments for years, I can confidently say that the bonuses offered by HTX are truly exceptional opportunities, especially for both new and existing accounts. Given my own experiences with various investment platforms, I can attest to their significance during this period. These incentives make a substantial difference in growing one’s portfolio and should not be overlooked when making investment decisions.

5. Coinbase – Spin The Wheel for USD or a Bitcoin Bonus

Crypto sign-up bonus valid during the period: N/A

Coinbase, a well-known, secure cryptocurrency trading platform launched in 2012, is publicly traded. Surprisingly, it’s not widely known that this platform frequently provides attractive bonuses and promotions to new account holders.

For fresh users on the Coinbase platform, there’s an exciting chance to take a spin and potentially win a mystery prize! The prizes, selected at random by Coinbase, can vary from $3 to $200. Approximately 89% of new users receive a reward within this range: either $3 to $5 in USD or Bitcoin.

Approximately 11% of new users may win rewards ranging from $6 to $200 in USD or Bitcoin bonuses.

Additionally, Coinbase motivates its users to educate themselves on cryptocurrencies by offering a variety of resources, such as different assets and trading techniques. The best part? All this knowledge comes at no cost! Once you’ve completed the courses, you’ll even receive some free digital assets as a reward.

Considering this free crypto bonus, Coinbase is an attractive option for newcomers in crypto.

6. ByBit – New User Exclusive-Up to $30,000 in Deposit Bonus

Crypto bonus valid during the period: N/A

Our list recommends you take a look at ByBit, a Singapore-based crypto trading platform that focuses on cryptocurrency derivative products. It’s definitely worth investigating!

Back in 2018, the co-founder of ByBit, Ben Zhou, recognized the promise in trading and launched the platform. Prior to his role as CEO at ByBit, Zhou had been the regional manager for Greater China at XM, a forex brokerage company.

At the moment, ByBit provides some appealing crypto bonuses that are worth looking into. One of the most beneficial is a deposit bonus where users need to deposit and actively trade to improve their VIP rank and access superior-level perks.

As a seasoned trader with years of experience under my belt, I’ve come across numerous platforms that offer various incentives to attract new users and retain existing ones. However, none have caught my attention quite like ByBit. Their unique bonus system is truly intriguing, and I believe it has the potential to significantly boost a user’s trading profits, especially for those who are actively engaged in high-volume trades.

In addition to the deposit bonus, ByBit’s referral program is among the most rewarding in the industry, providing numerous attractive referral incentives.

Additionally, ByBit provides a referral system granting unique perks. Simply pass on those referral links to your friends.

10% permanent reduced trading fee;
1,000 cryptos, low fees, high security;
$30,000 deposit blast-off bonus.

7. OKX – Get a Free Mystery Box Worth Up to 50 USDT

Crypto bonus valid during the period: N/A

Although OKX has discontinued their popular mystery boxes offering more than $10,000 in bonus rewards, the cryptocurrency exchange continues to give new users chances to claim free cryptocurrencies as sign-up incentives and easy-to-earn bonuses.

On OKX, a globally recognized cryptocurrency exchange operated by Ok Group, you’ll find a thriving community of more than 18 million users. Right now, they are offering sign-up bonuses for new and active traders: upon joining and trading on OKX, you could receive up to two mystery boxes valued at up to USDT 50 each.

Step 1: Sign up and verify your identity;
Step 2: Make your first minimum deposit.

On top of its offerings, OKX offers a referral system. This allows users to extend invitations to their friends via a unique link. Upon doing so, both the referee (the friend) and the referrer receive a Mystery Box when the referee signs up for the OKX app, verifies their identity within 7 days of registration, and logs in.

When your friend makes a single transaction exceeding $50 in cryptocurrency purchases or deposits, they’ll receive an extra Mystery Box as a reward.

As a savvy crypto investor, I’ve come across these intriguing ‘Mystery Boxes.’ These boxes promise cryptocurrency rewards worth up to 50 USDT, with potential contents like Bitcoin (BTC), Ethereum (ETH), Polkadot (DOT), and even rebate cards. To check the details of my rewards, I simply need to visit the user-friendly ‘Rewards Center.’

Receiving multiple Mystery Boxes has no cap, motivating users to invite even more friends for even bigger prizes.

8. Gate.io – Unbox Your Luck and Get a $6,666 Prize

Crypto bonus valid during the period: N/A

On Gate.io, a popular trading platform known for its attractive perks, incentives, and exclusive offers for beginners, you’ll be delighted to find that upon registering and verifying your identity, you’ll be greeted with a welcoming $100 bonus.

Beyond that, Gate.io provides a Task Hub where users have the opportunity to gain as much as $6,666 in trial funds through simple tasks. These tasks might involve daily logins, Peer-to-Peer trading, adopting quantitative strategies, or following other traders’ strategies.

Furthermore, users can enjoy the referral program that offers free credits and 40% commission.

As a seasoned investor with years of trading under my belt, I highly recommend taking advantage of this unique opportunity to boost your account balance. Sign up today and verify your identity within seven days, and you’ll be rewarded with 10 credits. However, to qualify for the bigger bonus, your invitee’s spot or futures trading volume must accumulate at least 10,000 or 50,000 respectively within 60 days from the signup date. If you manage to meet these criteria, you’ll receive an additional 1,000 credits. Don’t miss out on this fantastic offer – it could significantly enhance your trading experience and help you achieve financial success!

*Each user can earn a maximum of 50,000 credits through this task.

Be sure to check out Gate.io’s Rewarding Hub and enjoy the multiple bonuses that await you!

9. Phemex – Earn Up to 8800 USDT

Crypto sign-up bonus valid during the period: N/A

Phemex is among the cryptocurrency exchanges that are appreciated for offering numerous perks to its users. A standout aspect is the Phemex Rewards Hub, where users can check and collect available incentives.

Right now, fresh users are eligible for a unique cryptocurrency offer that could net them as much as 8,800 US Dollars in potential returns.

Here’s 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.

Additionally, you have the opportunity to not only learn more about cryptocurrencies but also gain extra rewards as bonuses, by simply watching videos and answering related quizzes.

10. eToro – Occasionally 10$ Crypto Bonus for Signing-Up

Crypto bonus valid during the period: N/A

As an analyst, I can attest to the convenience and simplicity of eToro (operating in the U.S. under eToro USA LLC), a versatile online brokerage and social trading platform. Whether you’re a seasoned trader or just starting out, this platform caters to crypto enthusiasts like me by offering competitive fees on trades that span across stocks, cryptocurrencies, and various other assets.

It’s worth noting that on occasion, eToro grants new customers a bonus when they complete the verification process for their investment accounts. If you’re setting up an account with eToro via their website or mobile apps for the first time, there’s a chance you could receive a $10 crypto bonus.

As soon as you create a fresh account, you’ll discover whether the offer applies to you right away. If an offer screen pops up, that means it’s available for your new account. However, if you don’t see the offer screen, I regret to inform you that there’s no such offer for your newly registered account at this time.

Should you meet the necessary conditions, you have the option to select one out of the available nine digital currencies as your bonus reward: Bitcoin (BTC), Ethereum (ETH), Dogecoin (DOGE), Shiba Inu Coin (SHIBxM), Litecoin (LTC), Chainlink (COMP), Cardano (LINK), Bitcoin Cash (BCH), or Stellar Lumens (XLM).

After your account has been successfully verified, a $10 crypto bonus will be automatically added to your holdings.

11. MEXC – Up to 1,000 USDT Crypto Sign Up Bonus

Crypto bonus valid during the period: N/A

MEXC Global serves as a robust, centrally managed platform primarily focused on the digital trading of cryptocurrencies, boasting a solid history of prioritizing security measures like SSL encryption, two-step verification (2SV), and cold wallet storage to secure the majority of users’ assets.

Established in 2018, this cryptocurrency trading platform has built an impressive base of over 10 million active users spread across approximately 170 nations. These users seek to effortlessly trade various cryptocurrencies and access additional crypto services within a straightforward and user-friendly interface. Their objective is to make digital currency transactions simple and enjoyable.

Currently, MEXC’s cryptocurrency bonus offers 1,000 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 is eligible to claim up to 820USDT for the referral bonus.

New users of Futures, as well as existing users who activated their Futures account prior to any trading activity, can only claim these bonuses if they haven’t previously engaged in Futures trading and haven’t moved funds into their Futures account yet.

12. BingX – Up to 5,000+ USDT Rewards

Crypto bonus valid during the period: N/A

In 2018, BingX debuted as a digital finance firm, providing cryptocurrency exchange services for both immediate (spot) trades and future contracts (derivatives).

On this cryptocurrency social trading platform, you’ll find numerous advantageous aspects including swift trading, the availability of a complimentary trial account, and automated trading capabilities.

When signing up for a new account, users receive an initial bonus of 30 USDT. This is followed by a welcome bonus on their first deposit, which can amount to a maximum of 500 USDT. Lastly, they are given another 500 USDT as a reward for their first trade.

13. Nexo: Get Up to $180 in BTC

Nexo is a versatile platform for blockchain and cryptocurrency transactions, enabling users to borrow cryptocurrencies by using them as collateral. With a straightforward user interface, you can effortlessly buy, sell, and manage assets. This premier platform guarantees the security and monitoring of your custodial assets continuously.

As an analyst, I’d like to highlight that Nexo is the owner of their referral program. This program extends a generous offer of $180 in Bitcoin to any newly joined member who invests $100 or more, and naturally, this opportunity is extended to you as well.

They provide several methods for you to monitor the advancement of your referred friends, ensuring you remain informed about their achievements.

14. BTCC: 3,500 USDT Sign up Bonus

Established in 2011, BTCC functions as a cryptocurrency trading platform where users can conveniently buy digital assets. Its robust technology ensures secure asset protection throughout the transactions.

Due to being the longest-standing platform, BTCC gives new users a cryptocurrency bonus of 3,500 US Dollars when they deposit funds within one month following a successful account activation.

Other Methods to Earn Crypto Bonuses

Learn-to-Earn & Airdrops

Besides just registering, you can also accumulate cryptocurrency through educational programs that reward you (learn-to-earn) as well as airdrops. Platforms such as Coinbase provide chances to earn cryptocurrency by finishing educational assignments.

Moreover, airdrops reward you with crypto for completing tasks or showing loyalty to a platform.

Lending

In the realm of modern finance, known as Decentralized Finance (DeFi), crypto lending operates much like conventional lending, except it bypasses the need for middlemen.

Borrowing money is done using assets as security (collateral), often managed through self-executing agreements called smart contracts. Some online lending platforms provide incentives like cashback and competitive interest rates.

Staking

As a passionate crypto investor, I can’t stress enough the importance of crypto staking, especially in proof-of-stake blockchains. By staking my digital assets, I’m not just securing these networks, but also helping them function smoothly. In return, I get rewarded with new cryptocurrency – a win-win situation! It’s like depositing money in a bank and earning interest, but instead, I’m contributing to the growth of the crypto world.

FAQs

Can I Get Free Crypto?

Absolutely! Crypto supporters have opportunities to collect digital currencies for free through various means such as accomplishing tasks, leveraging attractive crypto welcome bonuses and deals, utilizing crypto debit cards, holding crypto holdings for staking purposes, expanding their crypto knowledge, or participating in airdrops.

These strategies provide chances to amass cryptocurrency often without needing initial cash investment. In certain instances, having a referral code may be essential to access additional opportunities.

Which App Gives Free Crypto?

A variety of apps provide a free crypto incentive when you open an account and make transactions. Notable choices include BYDFi, KuCoin, HTX Global, Coinbase, ByBit, OKX, Binance, Gate.io, Phemex, and eToro. In simpler terms, these apps give you cryptocurrency for free once you sign up and trade with them.

Can I Withdraw the Free Crypto Sign-Up Bonus Instantly?

No, in most cases, you cannot withdraw the free crypto sign-up bonus instantly.

Usually, these bonuses come with terms and limitations. They might be awarded as vouchers, fee waivers, or unique tokens tied to certain platforms. To access them, you often need to meet specific criteria such as making trades, staking assets, or maintaining a minimum cryptocurrency balance.

What Crypto Exchange Has the Best Sign-Up Bonus?

Currently, the best sign-up bonus you can get is offered by BYDFi.

Additionally, it’s important to note that various applications provide the opportunity to acquire free cryptocurrency upon registration. These apps include platforms such as KuCoin, HTX Global, Coinbase, ByBit, OKX, Gate.io, Phemex, and eToro, which are popular crypto exchanges.

Are Free Crypto Sign-Up Bonuses Available to Everyone?

Newcomers who haven’t joined the platform yet, or those without a current cryptocurrency trading account, often receive free sign-up incentives. Users who are already registered might not be eligible for these benefits.

Additionally, certain platforms might limit availability based on location, so the bonus offer may not be accessible everywhere.

It’s 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?

Absolutely, it’s common for digital currency platforms to ask users for personal details as a part of their customer identification (KYC) and anti-illegal financial transactions (AML) protocols. This is to ensure compliance with regulations and maintain the integrity of the platform.

To receive the crypto bonuses and promotions, it’s crucial that we confirm your identity for platform security and user protection purposes. This step ensures the system’s overall safety and authenticity.

Final Thoughts

Numerous businesses provide enticing crypto incentives and deals that function as a safe starting place for venturing into the realm of digital currencies. These offers represent a low-stakes chance to delve into the market.

Investing with them gives you quick profits and allows you to learn the workings of cryptocurrency trading platforms.

As a crypto investor, I always keep in mind that deals can be volatile and often change rapidly. To stay informed, I regularly revisit this page for up-to-date details, and I also double-check the information myself before making any decisions.

2024-08-02 12:40