Top 9 Free Crypto Cash Referral Programs in 2024
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In our review of the top free crypto cash referral programs in 2023, we provide an overview of nine top platforms offering services in different sectors like crypto-backed loans, interest-earning cryptocurrency accounts, virtual currency staking, and cryptocurrency spot/margin/futures trading.
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Referral programs provide a great way to earn passive income while using platforms that you like. However, networks incentivizing existing users to bring more users offer varying referral bonuses. Additionally, the route to these rewards ranges from simple to complicated depending on the platform. Luckily, added complications often bring higher rewards.
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tastytrade Referral Program
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tastytrade’ referral program is one of the most expansive programs on this list. It offers both cash and an option to redeem referral points for goods at select stores. The platform calls these points credits, and each new user you bring through its doors equals one credit. tastytrade values two credits at a maximum value of 150 USD.
If you want to redeem your credits, you can trade in two referral credits for one Google Home voice assistant. You can redeem five referral points (a value of 500 USD) at Taste of Chicago for things like a Vienna beef hot dog kit and four Lou Malnati’s deep dish pizzas. Use this tastytarde Referral Code: GNXN4FRRTW if you don’t have one yet.
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Ten referrals will get you one year of high-speed internet access or an equivalent of $1K. With 20 credits, you can get a paid trip for two to Chicago or $2K in cash, while 50 tastytrade referral credits earn you an Apple package worth $5K. The highest reward is a Tesla Model S or $50K in value for 750 points.
Read more about the guidelines of the tastytrade referral program and the overview of the tastytrade platform here.
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Celsius Network Referral Program
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Celsius rewards both referrers and referrals. However, the invitee must deposit a minimum of 400 USD into their account for both parties to receive rewards. Both parties receive 40 USD paid in Bitcoin (BTC) as a referral reward. The new user must enter your referral code during the signup stage for you to get credit for the referral. Use our Celsius Network Referral Link to install the Celsius Network application on your smartphone. After filling out your details, enter our Celsius Referral Code: 196028baa6 when you register.
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Celsius requires invitees to maintain their deposits for one month. Because of this, your referral bonus is locked for the same period. If the referral withdraws their stake before the end of this period, the incentive is canceled.
Need more information on how the Celsius referral program works? Read our article about the Celsius referral program and get the step-by-step process on how to sign-up with a referral link or code.
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BlockFi Referral Program
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BlockFi runs two referral programs with different incentives and requirements. The simplest is the Refer-A-Friend offering that rewards both participants with $10. The referred friend must deposit a minimum of 100 USD into their BlockFi Interest Account to qualify.
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After the first five referrals, the referral bonus increases to $20 for the referrer while invitees continue to get $10. To access these rewards, existing BlockFi users need to share their unique referral links with friends and family.
The other BlockFi referral offering is the partner program. Instead of offering a solid figure on the bonus, this program allows referrers to get 0.5 percent of their referral’s deposits for one month.
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Although you need to do more than just sharing links to be a part of this incentive program, you have the opportunity to get more rewards. For example, you’re connected to a dedicated “partner Success Manager” who offers comprehensive training and support. Additionally, you receive exclusive offers and tools to monitor your referral campaigns.
The referral reward is capped at $1k from each invitee. Fortunately, there’s no maximum number of invitees, and you as the referrer get to dictate where BlockFi should deposit the incentives.
If you’re looking for a BlockFi referral link or code, you are free to use our BlockFi referral link to sign up or you may also enter our BlockFi referral code: 1413a51f then deposit $100 or more in your BlockFi Interest Account (BIA) to be eligible to receive your bonus.
There’s more that you need to know about BlockFi’s referral program. Take a look at this BlockFi referral article to read about the 3 Types of Referral and Bonus Offerings that BlockFi offers.
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Crypto.com Referral Program
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Crypto.com operates two referral programs: the Crypto.com exchange and the Crypto.com mobile app. The company runs an independent referral offering for each of these products. Referrers pointing users to the exchange stand to receive up to $2K paid in the network’s native token, CRO. In addition, referrers get 50 percent of their referrals’ trading fees.
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To earn the incentives, both parties need to go through the highest KYC procedures, and the referrer needs to stake a minimum of 1,000 CROs on the exchange. The invitee’s first stake determines the referrer’s referral bonus. A reward of $2,000 requires the invitee to stake 5,000,000 CROs.
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On the other hand, referrals to the Crypto.com App interact with the BG25 Referral Program that pays 25 USD for each friend you successfully encourage to sign up for the app. The referred party needs to stake enough CRO to secure Crypto.com’s Metal Visa Card in order to qualify.
You may use our Crypto.com referral link or Crypto.com referral code: psmu8km4zv to sign up for Crypto.com to get your bonus. Note that the amount of CRO coins staked determines the amount of Crypto.com sign-up bonus you earn.
Need to know more about the Crypto.com referral program? No worries! Here’s our Crypto.com referral article to give you all the information you may need about how this program works.
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Coinbase Referral Program
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Dubbed Coinbase Affiliate, this program involves more than inviting friends and sharing referral codes. For example, an affiliate needs to be approved before being allowed to promote the exchange. If a new user is traced back to your promotions, you receive 50 percent of their trading fees for their first 90 days on the platform.
Additionally, the exchange provides tools for affiliates to monitor the performance of their campaigns, test custom landing pages for their promotions, and set up more than 20 performance reports. Also, the Coinbase referral program allows referrers to choose their preferred payment method, including receiving funds in their local currency.
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Planning to sign-up but you don’t have a referral link yet? To receive the referral bonus, new users must sign up with a Coinbase referral link. You can use this Coinbase Referral link to help you get started.
If you need more information about the Coinbase referral program, we can help you with that. Check out our Coinbase referral article to read about the Coinbase referral terms, sign-up process, and also some frequently asked questions.
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Binance Referral Program
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Binance takes a unique approach to offering referral incentives. The program allows the referrer to earn a commission while the invitee also earns a kickback. The referrer determines the amount of kickback the referral receives.
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Binance gives up to 40 percent of an invitee’s spot or futures’ trading fees to the referrer. The exchange calculates the incentives in real time and disburses the commission every hour.
Referral incentives from the Binance futures market last for 12 months from the date of opening a futures account.
The referrer needs to have a futures account before inviting a friend to receive referral incentives from their invitee’s futures trading.
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The exchange disburses referral incentives in the same token used to pay for the trading charges.
The default referral bonus is 20 percent of the invitee’s trading fees. From here, the inviter can choose to share 0, 5, or 10 percent with their invitee as a kickback. If the referrer has more than 500 Binance Coins (BNBs), the referral rate increases to 40 percent. With this new rate, referrers can provide kickbacks of up to 20 percent.
If you have not signed up for Binance yet, you can use the Binance Referral ID: 10185998 to get back up to 40% on referral commissions from trading fees. Check out this Binance referral article to know the terms of the Binance referral program.
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Voyager Referral Program
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Voyager appreciates existing users for referring their friends by paying a $25 referral bonus in Bitcoin. However, the new user has to deposit and trade 100 USD to qualify. Voyager rewards both the referrer and the referral.
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Incentives are credited within three days after the invitee fulfills all the requirements. The platform’s referral incentives are available for withdrawal 14 days after landing in your account. Voyager’s Refer-a-Friend program supports up to 100 invitees per referrer. The platform notifies you by email for every referral bonus that lands on your account.
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CoinMetro Referral Program
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CoinMetro runs an affiliate program to reward existing users for successfully recommending the platform within their circles. The platform provides unique referral incentives. For example, apart from earning 40 percent commission from your invitees, you also earn 10 percent commission from your referrals’ invitees. This commission comes from your referrals’ trading fees.
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Activities that earn referral-enabled commissions include dashboard swaps, margin orders, exchange orders, TraM orders, and mirrored TraM orders. The platform also provides branded content to help you successfully market the network to your friends.
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bitFlyer Referral Program
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BitFlyer, a Japanese cryptocurrency platform, revamped its referral offering in February 2021. With the new offering, referrers and referrals take home roughly 12 USD (10 euros) delivered in Bitcoin. The invitee has to use your referral link to create an account and trade a minimum of approximately 120 USD (100 euros).
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The bitFlyer referral program is only open to users interacting with the platform’s mobile application. The bitFlyer Wallet app is available on iOS and Android-powered mobile devices. The platform disburses referral incentives 24 hours after they are ready. Trading features that generate referral bonuses include Recurring Buy, Instant Buy, and Buy/Sell.
The invitee needs to complete the signup and trading requirements within three months from the account creation date. For its Japanese users, the inviter gets $4.50 (500 Japanese yen) while the invitee receives $9 (1,000 Japanese yen) distributed in Bitcoin.
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The platform also runs another referral program called the bitFlyer Affiliate Program. This offer is for users wishing to promote the exchange using website ads and articles, alongside other means.
The referral bonus amount depends on milestones the invitee completes. For instance, if they become a trade user, the prize is $5, and if the referral uses the Direct Buy/Sell to trade more than $2K, the reward is $20. There are four milestones, and clearing them all produces a referral incentive of $50.
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Conclusion
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Our overview of the top 9 free crypto cash referral programs in 2023 gives you more ways to grow your passive income. This list provides all the important details to help you make an informed decision about which referral programs to join. Are you looking for an easy road with low returns or a meandering narrow path with great referral bonuses in 2023? It would be lucky to join any crypto cash referral program. The choice is yours.
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