The crypto industry has experienced a significant boom in recent years, and one such aspect is the promotional nature of various platforms. Major and newly-established platforms alike are offering lucrative signup bonuses to attract new users, with the rationale being that the more signups they secure, the more successful their business will be. In this article, we discuss how to avail these crypto signup bonuses and explore some notable platforms and their offerings.
Crypto signup bonuses, also known as welcome bonuses, are an appealing incentive for joining a new cryptocurrency exchange. However, before simply accepting the first offer encountered, it’s essential to compare additional features such as supported currencies, NFTS, trading, and other account fees – to determine if the exchange will fulfill long-term needs. Some of the best signup bonuses include those offered by platforms such as eToro, StormGain, Coinbase, OKX, Kucoin, and Binance.
For example, eToro offers a $10 bonus to U.S. audiences after purchasing $100 worth of crypto, while StormGain provides a 25 USDT bonus accessible on the first trade using the promo code “25USDT.” Coinbase offers eligible U.S. citizens (excluding Hawaii residents) $5 worth of Bitcoin for signing up and purchasing cryptocurrency on their platform. Users can earn up to a 30% APY within the first three days with OKX, while Kucoin offers deposit rewards up to 3,200 USDT. Binance, on the other hand, provides a $50 bonus to new users who sign up using an affiliate code or link.
These welcome bonuses not only help platforms keep users captivated but also allow them to offer loyalty points and bonuses to long-term customers. Given the uncertainty surrounding the crypto domain, platforms often need to go the extra mile to retain users. Those interested in receiving fiat currency rewards might opt for Binance or eToro, while others might prefer signup rewards in cryptocurrency.
Although skepticism may arise regarding the legitimacy of signup bonuses, these offers are genuine. To avail of them, users simply need to follow the stipulated procedures and claim their rewards. Many platforms, including Binance and eToro, provide these rewards in fiat currency.
In conclusion, the increasing popularity of crypto signup bonuses highlights the growing competition and promotional tactics within the industry. As a user, it’s crucial to evaluate each offering and choose a platform that aligns best with long-term needs and interests.