Learn 
December 2, 2024 
18 min. 
Do you want to earn $200 in free cryptocurrency with very little effort? Coinbase bonus programs make it possible. Coinbase is currently the best crypto exchange to offer bonuses to their users. These programs are designed for both new and existing users and are a great way to start or grow your crypto journey while earning exciting rewards.
For new users, Coinbase provides attractive sign-up bonuses like free Bitcoin or cash rewards when you create an account and make your first deposit. It’s totally a risk-free way to explore the platform and start trading or investing in digital assets. Now, if you’re an existing user you don’t need to worry.
You can take advantage of Coinbase’s referral program and invite your friends to earn a bonus. With Coinbase, earnings rewards have never been easier!
Coinbase New User Bonus
The Coinbase new user bonus is a reward program which is designed for people who are new to the Coinbase platform. It offers free rewards in USDC or Bitcoin as a Coinbase bonus to help users get started. To claim this bonus, you need to meet a few simple requirements and complete some easy steps.
Eligibility Requirements
To qualify for the new user bonus, you must sign up through a referral link. This means you need to use special links by an existing Coinbase user. After signing up, you must complete the account verification process.
This step involves providing personal information and verifying your identity by uploading an official document like a passport or a driver’s license. There are sometimes some regional restrictions so visit Coinbase to see if you’re actually eligible for the bonus or not.
How to Claim
Here’s how you can claim your Coinbase new user bonus:
- Register with a Referral Link: Start by clicking on the referral link provided by us. It’s important to use the link as it tracks how much you are eligible for.
- Verify your Account: After signing up, follow the instructions to complete the identity verification process. This step is necessary to keep your account safe.
- Spin the Wheel: Now Coinbase, one of the largest crypto exchanges, will ask you to spin the wheel to earn a reward between $3 to $200. Only 11 percent of the users get more than 6$ and up to $200 so make sure to bring your lucky charm along.
- Complete the Qualifying Transaction: Once your account is verified and you have won your bonus, it’s time to complete a transaction to qualify for the bonus. This could be buying, selling or trading a specific amount and you’ll get your bonus instantly.
Coinbase Referral Bonus
Coinbase also offers a Referral bonus to keep their existing users happy and engaged. It allows users to earn rewards by inviting their friends to join the platform. This way both the referrer and the referred friend get a bonus which they can benefit from once the terms and conditions are completed.
Program Overview
Existing Coinbase users can share a unique referral link with friends. This link is only accessible through your Coinbase account. After the friend you referred sign up for Coinbase use only your referral link, both of you receive a bonus.
How to Participate
To participate and earn $10 from every friend you refer, here’s what it’s gonna take:
- Share your Referral Link: When you sign up as a new user you get a link which you can share with your friends to earn a little extra, meaning $10. Now share this link with as many friends as possible and encourage them to sign up using the link. Imagine referring to 20 friends, you’ll earn $200 alone from this.
- Referred Friend’s Actions: The friend must use your referral link to sign up for a Coinbase account or else this won’t work and both of you will end up with $zero. Do tell your friends this so they know how important it is.
Terms and Conditions
- Qualifying Transactions: The referred user must meet specific transaction requirements. It may include buying or selling a minimum amount of cryptocurrency within a set period. Sometimes there’s no such requirement.
- Bonus Amounts: The standard referral bonus is $10 in Bitcoin for both the referrer and the referred friend. However, this amount can change depending on what promotion is ongoing and even region wise. For example, past promotions have offered up to $1.5 million in Bitcoin rewards to the users.
- Regional Availability: The referral program is available in specific regions, including the U.S. (excluding Hawaii), D.C., Canada (excluding Quebec), and the U.K. Participants must be at least 18 years old.
- Program Changes: Coinbase reserves the right to alter the terms or discontinue the referral program at any time without any prior notice.
- No Paid Advertising: You are not allowed to run paid ads by targeting the keyword including Coinbase or any related keywords with the same name.
Important Note: Referral bonus amounts and terms are subject to change. It’s essential to verify the current details directly on Coinbase’s official website beforehand.
Coinbase Earn Program
The next Coinbase bonus program is the Coinbase Earn program. It offers users the opportunity to acquire various cryptocurrencies simply by watching the educational content available on their website. This initiative is taken to encourage users to understand more about different digital assets by providing appealing rewards. These rewards are only for a limited time, so make sure you get them before they run out.
How it Works
The way this Coinbase bonus works is:
- Watch Available Videos: At first you need to see which videos are currently available and start from the beginning. Don’t be choosy as you’ll be earning rewards from it. These videos explain the fundamentals and unique features of specific cryptocurrencies which will also increase your understanding of different digital assets.
- Complete the Quiz: After the video is completed, Coinbase will ask you to complete a quiz and pass to see if you actually understood the concepts. It’s a brief quiz so don’t be afraid to take it.
- Earn Reward: Once you successfully pass the quiz, you will receive a predetermined amount immediately in your cryptocurrency wallet on Coinbase. Make sure to check it out to see if the amount is credited.
Eligibility Criteria
Coinbase has set an eligibility criteria for this no deposit bonus. It includes:
- Users should only have one Coinbase account. If you have any additional accounts, delete them before you proceed further.
- Your personal information should be correct and your account should be verified.
- Complete a crypto purchase through a valid payment method which is not connected to any other Coinbase account.
- Be eligible and meet Coinbase’s internal fraud and compliance criteria. It’s upto Coinbase only.
- You should be living in an eligible country.
Temporary and Seasonal Promotions
After the exchange sign up bonus, Coinbase referral bonus and Earn program, Coinbase also offers temporary and seasonal promotions from time to time to keep users engaged. These limited-time offers may include increased referral bonuses, special incentives for trading specific cryptocurrencies or exclusive rewards for participating in certain activities.
For instance, during the holiday season, Coinbase previously launched promotions like the “$1M Holiday Bonus” where users could earn a share of one million dollars by referring friends on the platform. It was essentially a Coinbase referral bonus but with added incentive.
How to Stay Informed
To stay informed of the new promotions, you should:
- Regularly Check the Coinbase Promotions Page: Visit Coinbase’s official website to stay updated on current and upcoming promotions. The promotions page is the best way to know about the latest campaigns with complete details such as eligibility criteria and how to participate.
- Subscribe to Coinbase Newsletters: You can also subscribe to Coinbase’s email newsletter so you get timely updates about new promotions, product launches and important announcements directly in your inbox.
- Follow Coinbase on Social Media Platforms: Lastly, engage with Coinbase’s official social media accounts. It is an excellent way to receive real-time updates. Coinbase has a significant presence on X (formerly Twitter). For specific questions, it’s best to contact Coinbase directly
Note: Coinbase executives are not active on Facebook.
Pros and Cons of Coinbase Bonuses
When considering Coinbase’s bonus programs, it’s essential to weigh the benefits and potential drawbacks. Here are the pros and cons of different coinbase bonuses to help you deice if these bonuses are worth pursuing:
Pros of Coinbase Bonuses
1. Encourage User Engagement
Coinbase bonuses encourage users to use the platform more. They let users explore new features like trading, referrals, or earning programs. For example, a referral bonus can motivate users to invite friends and introduce more people to Coinbase. It’s a fun way to learn while earning rewards.
2. Earn Cryptocurrency Easily
Many Coinbase bonuses are easy to claim. They don’t require much effort or time. For example, watching a short video or completing a quiz can reward you with free crypto. Even small tasks like signing up or making a small trade can help you earn bonuses. It’s a simple way to start building your crypto portfolio.
3. Educational Benefits
The Coinbase Earn Program is a great example of learning while earning. Users can watch videos about cryptocurrencies and understand how they work. This helps beginners gain confidence in the crypto world. By completing quizzes, they also receive free cryptocurrency as a reward. It’s both informative and rewarding.
Cons of Coinbase Bonuses
1. High Transaction Requirements
Some bonuses need you to complete big transactions. For example, a referral bonus might only be given if the referred friend buys or sells a certain amount of cryptocurrency. This can be difficult for people who are new to crypto or want to start with small investments.
2. Limited by Region and Time
Many Coinbase bonuses are not available everywhere. They are often limited to specific countries or regions. For example, some bonuses may only apply to users in the U.S. or Europe. Additionally, these promotions are often temporary and can expire quickly. If you don’t act in time, you might miss the chance to claim them.
3. Changing Terms
Coinbase can change the rules for its bonuses at any time. They may increase the required transaction amounts or end a promotion early. This makes it harder to plan ahead. Users should always check the latest terms on Coinbase’s website to avoid surprises.
Summing Up
Coinbase offers many different bonus programs that are beneficial for both new and existing users. From sign up rewards and referral bonuses to the Earn programs, these bonuses are an easy way to earn cryptocurrency. They also help users explore the platform more and learn about digital assets in the process.
The Coinbase bonus is a great opportunity for you and other users to grow their crypto holdings with little to no effort. Whether you are just starting out or have much experience, these rewards add value to your journey and make it more exciting. Don’t miss the chance to take advantage of these offers and make the most of your cryptocurrency experience.
