10 Best Free Crypto Sign-Up Bonuses in February 2024

Starting something new in the financial world can be exciting, especially when there are enticing perks involved. Did you know that many cryptocurrency exchanges offer free sign-up bonuses to help newcomers get started in the crypto space?

So, in this article, we’ll go through 10 of the best sign-up bonuses available in February for free in the cryptocurrency industry.

How We Picked the Best Free Crypto Sign-Up Bonuses

Let’s face it, “free money” often raises red flags. While these offers can be enticing, it’s crucial to look beyond the initial appeal and analyze the true value. 

That’s why we assess free crypto sign-up bonuses based on several factors described below, precisely to increase your chances of not facing any inconveniences 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 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 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.

SIDENOTE. To provide you with options and ensure you’re not left with a risky phantom crypto exchange, alongside our list, we’ve also included free crypto sign-up bonuses that aren’t 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 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 700 USDT in Crypto Rewards HTX Global – Obtain Up to 241 USDT Coinbase – Get a $5 Bitcoin Bonus and Other Crypto Promotions ByBit – New User Exclusive-Up to $30,000 in Deposit Bonus OKX – Get a Free Mystery Box Worth Up to 50 USDT Binance – Earn Up to $50 Welcome Bonus Gate.io – Unbox Your Luck and Get a $6666 Prize Phemex – Earn Up to 8800 USDT eToro – Occasionally 10$ Crypto Bonus for Signing-Up

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 from there.

Best 10 Free Crypto Sign-Up Bonuses

BYDFi – Complete the First Deposit＆Trade to Get 100 USDT. Get $2888 in Rewards for Completing Tasks

Crypto bonus valid during the period: 100 USDT reward between January 30, 2024, to February 29, 2024. $2888 in rewards for completing tasks has no expiration date.

BYDFi Exchange, formerly known as BitYard, was 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.

During the period from January 30, 2024, to February 29, 2024, BYDFi presents a great offer for new users who create accounts on their platform. Within this timeframe, new users who make an initial deposit and conduct trades will receive a generous 100 USDT crypto reward. Additionally, those whose futures trading volume reaches 700,000 during the event can contact BYDFi’s Online Customer Service to enjoy a 31-day VIP1 rate experience.

However, BYDFi is not placed in our top spot just for that. That’s because BYDFi also provides ongoing tasks for new users, offering them the chance to earn rewards up to $2888. 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, receiving a 10% coupon of their first deposit amount, and engaging in leveraged token trading to obtain a 2 USDT Perpetual Bonus. Users can also earn bonuses ranging from 5 to 5000 USDT by submitting valuable feedback.

Moreover, BYDFi’s 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.

So, based on our research, BYDFi currently stands out as a platform offering some of the best crypto bonuses in the market.

KuCoin – Earn Up to 700 USDT in Crypto Rewards

Crypto sign-up bonus valid during the period: – 

KuCoin is an established international cryptocurrency 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 in the form of crypto rewards or bonuses.

As of the current writing, KuCoin provides new users with the opportunity to earn up to 700 USDT in rewards. To qualify for these rewards, users must:

Sign Up: New users can claim a token reward worth up to 700 USDT upon registration. Identity Verification: Completing identity verification unlocks deposit and trading permissions, with the chance to earn up to 700 USDT. First Deposit/Buy Crypto: Users can receive rewards of up to 100 USDT upon making their first 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.

Eligible participants include users who signed up for their KuCoin accounts after specific dates mentioned in the terms (after 08:00:00 UTC on May 23, 2023). 

Users must complete the required tasks within 30 days of signing up to qualify for the rewards, with each reward only available once per user.

HTX Global – Obtain Up to 241 USDT

Crypto sign-up bonus valid during the period: – 

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 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 any 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.

Furthermore, HTX offers an attractive affiliate program where users can earn up to 30% commission by referring friends.

So, these bonuses present excellent opportunities for new and existing accounts on HTX, making them highly worthwhile incentives to consider during this period.

Coinbase – Get a $5 Bitcoin Bonus and Other Crypto Promotions

Crypto sign-up bonus valid during the period: – 

Coinbase is a publicly listed cryptocurrency exchange established in 2012 and is renowned for its great security measures. However, few people know that Coinbase also has many bonus offers and promotions for new accounts.

One of the easiest benefits of earning free crypto as a new user on the Coinbase platform is a Bitcoin bonus of up to $5 in BTC. 

Eligible US residents (excluding Hawaii) who successfully create an account and purchase crypto will receive $5 in Bitcoin added to their Coinbase portfolio. This promotion is great for US residents, but remember that Coinbase may occasionally extend this reward to users in other territories, subject to applicable law.

Additionally, new users on Coinbase have the opportunity to “Spin the Wheel” for a chance to win a surprise reward. These rewards, randomly chosen by Coinbase, can range from $3 to $200, with about 89% of new users receiving a reward between $3 to $5 in either USD or Bitcoin. Approximately 11% of new users may win a reward ranging from $6 to $200 in USD or Bitcoin bonuses.

Furthermore, Coinbase encourages its users to learn about cryptocurrency, including various assets and trading methods, all for free. Upon completion of these courses, users are rewarded with free digital assets.

Considering these free crypto bonuses, Coinbase is definitely an attractive option for newcomers in crypto.

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

Crypto bonus valid during the period: –

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 crypto trading and started the platform in 2018. Before becoming ByBit’s CEO, Zhou worked at XM, a forex brokerage firm, where he was the general manager for Greater China.

Currently, ByBit has active some crypto bonus offers; one of the best of them 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 industry’s most lucrative referral programs, offering a lot of great referral bonuses. Now, just by sharing your referral code or referral links with a friend, you’ll both earn 25 USDT and a Mystery Box worth up to 1,000 USDT. With this program, you can earn over 1710 USDT and 30% commission, making ByBit a great choice.

ByBit doesn’t rank higher on our list because their deposit reward can be challenging, especially at higher levels.

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

Crypto bonus valid during the period: – 

While OKX no longer offers the notable mystery boxes that used to contain rewards totaling over $10,000, this crypto exchange still provides new users with opportunities to earn free crypto sign-up rewards and effortless bonuses.

OKX is an international cryptocurrency exchange owned by Ok Group and boasts a community of over 18 million users. During this period, new users who join and trade on OKX can unlock mystery boxes worth up to USDT 50. 

Additionally, OKX is improving its offer by allowing new users to earn up to 30% APY in the first 3 days.

Furthermore, OKX features a referral program where users can invite friends using a referral link. Both the referrer and the friend receive a Mystery Box when the friend logs in to the OKX app and completes identity verification within 7 days of signing up.

An additional Mystery Box is awarded when the friend buys or deposits more than 50 USDT worth of crypto in a single transaction.

Each Mystery Box contains crypto rewards valued at up to 50 USDT, including BTC, ETH, DOT, and rebate cards, which can be checked in the Rewards Center.

There is no limit to the number of Mystery Boxes one can receive, incentivizing users to invite more friends for greater rewards.

Binance – Earn Up to $50 Welcome Bonus

Crypto sign-up bonus valid during the period: – 

Our next stop for sign-up bonuses is Binance, chosen primarily for its combination of bonus value and security measures.

Binance offers tempting rewards for new users, including a welcome bonus of up to $50, distributed as spot cashback vouchers.

To participate, simply create an account, verify your identity, and complete designated activities within 5-7 days of registration. 

It’s important to note that this offer is exclusive to new users referred by a Binance Affiliate, so you’ll need to receive an affiliate link to access it.

The tasks required to earn the vouchers include:

Depositing > $100 within 5 days of registration for a $5 spot cashback voucher. Completing a spot trade of > $1,000 within 7 days of registration for a $20 spot cashback voucher. Conducting a spot trade of > $20,000 within 7 days of registration for a $25 spot cashback voucher.

These bonuses can be accumulated, and the vouchers earned can help reduce trading fees on Binance’s Spot market.

Upon signing up through a registered affiliate’s referral link, users will automatically receive tasks to complete in the Task Center.

After receiving your cashback voucher, visit the Reward Center to view their value, expiry date, and eligible products.

Gate.io – Unbox Your Luck and Get a $6666 Prize

Crypto bonus valid during the period: –

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 are greeted with a generous $100 welcome bonus.

Additionally, Gate.io offers a Task Center where users can earn $100 Points and a $6,666 trial fund by completing straightforward tasks. These tasks may include daily check-ins, P2P trading, copy quantitative strategy, and copy trading.

Upon task completion, users can claim their points and USDTest. Points can be used to cover spot and contract trading fees, while USDTest allows participation in USDT special activities. Moreover, users may receive mystery boxes containing rewards such as a $10 quant trial fund, $10 GT, and $100 GT token.

Phemex – Earn Up to 8800 USDT

Crypto sign-up bonus valid during the period: – 

Phemex is a crypto exchange 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 8800 USDT.

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 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.

eToro – Occasionally 10$ Crypto Bonus for Signing-Up

Crypto bonus valid during the period: –

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 you’re opening an eToro investment account through their website or mobile apps for the first time, you may be eligible for a $10 crypto bonus.

You’ll find out if this offer is available to you immediately after registering a new account, where you’ll be presented with an offer screen. If this screen doesn’t appear, unfortunately, there’s 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. 

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 by completing tasks, taking advantage of crypto bonuses and offerings, using crypto cards, staking crypto assets, learning about crypto, or joining airdrops. All of these methods offer opportunities to accumulate crypto generally without investing money directly.

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, HTX Global, Coinbase, ByBit, OKX, Binance, Gate.io, Phemex, and eToro.

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 certain 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 also other excellent options for you, including those offered by crypto exchanges KuCoin, HTX Global, Coinbase, ByBit, OKX, Binance, Gate.io, Phemex, and eToro.

Are Free Crypto Sign-Up Bonuses Available to Everyone?

Free crypto sign-up bonuses are generally available to new users who haven’t previously registered with the platform or don’t have an existing crypto trading account. Existing users may not qualify for these bonuses.

Furthermore, certain platforms may impose geographical restrictions, meaning the bonus may not be available in all countries. 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?

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.

Final Thoughts

Crypto sign-up bonuses serve as an excellent entry point into the world of cryptocurrencies, offering 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. We’ll update this page to ensure you have access to the latest information, but please check the information twice.

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