Best Free Crypto Bonuses for Signing Up in 2024
What Are No-Deposit Crypto Bonuses?
A no-deposit bonus is a type of reward that crypto exchanges offer to new users. These bonuses allow you to test the platform and start trading without depositing your own money. You receive free crypto or trading credits after signing up, and in some cases, completing basic tasks like verification or initial trades. It’s a risk-free entry point into crypto trading, particularly valuable for beginners looking to experiment with different strategies.
Best Free Crypto Sign-Up Bonuses in 2024
Bybit
Bybit, one of the most well-known platforms for derivatives trading, offers new users a sign-up bonus up to 5,000 USDT. This is earned through completing various tasks like depositing, trading, and using the platform’s features. Additionally, Bybit offers a $20 USDT no-deposit coupon for new users who sign up and complete basic steps like identity verification.
KuCoin
KuCoin rewards new users with up to 10,800 USDT through a combination of tasks. By completing deposits and trading tasks, you can unlock up to 8,000 USDT in trial funds and additional rewards like 200 USDT in vouchers. KuCoin is a strong option for those who want to dive into the platform’s wide range of services.
StormGain
StormGain provides a unique no-deposit bonus of 25 USDT to new users. This bonus can be used to explore their proprietary trading platform, which includes features like in-platform Bitcoin mining and a simple user interface. This makes it ideal for beginners.
OKX
New users on OKX can enjoy Mystery Box rewards worth up to $10,000. These rewards often include various amounts of crypto or trading credits, which can be used immediately after account setup. In addition, OKX offers regular incentives for completing tasks like making demo trades or joining specific programs.
eToro, popular for its user-friendly interface and social trading features, offers a $10 bonus for depositing $100 or more. Additionally, when you trade at least $500 worth of crypto, you can earn a $50 bonus, which makes eToro ideal for those who plan on more active trading.
Phemex
Phemex offers new users an opportunity to earn up to 8,800 USDT in rewards. You start with a 1,200 USDT bonus by completing basic verification and deposit tasks, then move on to unlock additional rewards through advanced trading.
Gemini
With Gemini, new users can earn a $15 bonus for trading at least $100 within the first 30 days of signing up. This U.S.-based exchange also has a referral program where users can earn up to 25% of their referees’ trading fees for a limited period.
Why Are These Bonuses Beneficial?
No-deposit bonuses present an excellent opportunity for users to:
- Test platforms risk-free: You can experiment with different trading strategies without using your own money.
- Explore features: These bonuses often allow you to explore advanced features such as leverage, futures trading, or staking.
- Build confidence: By trading in real market conditions with no financial risk, you can build your skills and prepare for live trading with your own funds.
How to Choose the Right Bonus
When selecting the best sign-up bonus, keep the following factors in mind:
- Terms & conditions: Always review the fine print. Some bonuses come with withdrawal restrictions or trading volume requirements.
- Eligibility: Check if the offer is available in your region, as some exchanges have geographical restrictions.
- Trading conditions: Examine whether the platform provides tools, security, and features that match your trading goals.
By taking advantage of these offers, you can start your crypto journey with additional financial support, allowing you to explore markets with minimal risk.
