There are over 300 cryptocurrency exchanges out there. So competition for cryptocurrency traders to sign up and trade with them is fierce, especially when exchanges make money from taking a small percentage from each trade. To compete, crypto exchanges often have various sign up offers or welcome bonuses to entice new users. In this article, we will compare which cryptocurrency exchange has the best welcome bonus or sign up offers.
Binane is THE largest cryptocurrency exchange in the world with USD$1.3 billion in trading volume in 24 hours. Whilst they may not have the most number of supported cryptocurrencies, they definitely beat out the competition by a huge margin in terms of number of users and daily visits.
New users get
10% 20% off spot and margin trading fees forever! Enter our referral ID 10192887 to claim this offer!
Binance Futures is part of the Binance brand. Specialising in futures trading, Binance Futures offers a leverage of 125x margin amongst major crypto exchanges- the highest in the market. Nevertheless, Binance is still able to offer a seamless platform for traders to switch from spot to futures trading on the Exchange.
New users who sign up for a Binance Futures account will get
10% 20% discount on trading fees for the first 30 days.
Binance Pool is a mining pool under the Binance ecosystem. Currently it only mines Bitcoin but more tokens are expected to be added later. Learn more about Binance Pool.
Binance Pool is operating on 0% fees until 31st May 2020 to bring in new customers. Afterwards the fee will be revised to 2.5%
Bybit is a cryptocurrency derivatives exchange platform and offers worth up to USD $90 for signing up as follows:
- USD $5 for registering a Bybit account and joining their social media channels through Twitter;
- USD $5 for trying out Take-Profit or Stop-Loss when placing entry orders; and
- USD $50 for making a first deposit of 0.5 Bitcoin or more. Or users can make a first deposit of 0.05 BTC or more and get USD $5. This reward will be in the form of a coupon which can be used to offset transaction fees.
Bybit also has limited flash deals where users can get an extra USD $30:
- USD $5 for completing Bybit’s customer satisfaction survey;
- USD $20 for a total deposit of 1 Bitcoin or more; and
- USD $5 for actively trading for 10 days accumulatively.
The Bybit coupons obtained in the flash deals can be used to offset transaction fees when trading on the Exchange. Learn more about this Exchange with our Bybit review.
Register for a Bybit account and claim up to USD$90 worth of bonuses with our referral link below.
Coinbase gives you benefits for referring your friends. If your friend opens a Coinbase account with your referral code and initiates a buy or sell of USD $100 or more within 180 days of opening their Coinbase account, you and your friend will both receive USD $10.
Coinbase also offers additional bonuses through their Coinbase Earn program. Users will need to complete various online courses on different cryptocurrencies, in return you will be awarded a small amount of that cryptocurrency to trade with. Users can get up to USD $152 with Coinbase Earn.
Check out our Coinbase review here.
OKEx is similar to Coinbase in that it gives you benefits for referring your friends. When your friend registers for an account using your referral link and buys at least USD$100 worth of cryptocurrencies on the Exchange, both your friend and yourself will receive USD$10 worth of Bitcoin.
Learn more about the Exchange with our OKEx review.
Phemex is a derivatives exchange providing Bitcoin perpetual futures contracts. The Exchange also offers up to 100x account leverage. Learn more with our Phemex Exchange review.
The Exchange offers up to USD$72 worth of welcome bonuses as follows:
- USD$2 worth of BTC is deposited to your account immediately after registering for a new account.
- A Social Media Bonus of USD$10 is given after (a) registering for a Phemex account; (b) following their official Twitter, retweeting their pinned tweet whilst tagging 3 of your friends; and (c) completing Phemex’s application and them reviewing that you have completed step (b).
- USD$60 Funding Bonus can be claimed after (a) registering for a Phemex account; (b) depositing Bitcoin into your Phemex wallet; and (c) funding your BTC Trading Account with at least 0.2 BTC in one go or funding your USD Trading Account with at least USD $1,500 in a single deposit.
You can register for a Phemex exchange account and start claiming up to USD$72 in welcome bonuses with our referral link below.
To encourage more people to get started, Phemex has introduced #PhemexMoments. Users can submit photographs of their trading setup and Phemex will give out the following rewards:
- USD$50 trading bonus to 100 featured pictures on their new website; and
- USD$100 trading bonus for Phemex’s 8 favourite pictures to be featured on their main website.
NAGA offers trading in cryptocurrencies along with stocks, CFDs, ETFs and Forex. The Exchange’s unique feature is that it combines trading with social media, in what they call “social trading”. Users can set up their profile and post on it similar to a Facebook profile. In particular, users can post what trades they have been doing for other community members to see, and there is a leaderboard for the Exchange’s top traders. Users can copy each others trades and you will also be rewarded when others copy yours.
Right now, upon registering and verifying your NAGA account, users can get a $50 welcome bonus without any required deposit within the first 24 hours. NAGA also has a deposit bonus where users will be rewarded with a 0.02 BTC bonus if they deposit USD $500 into their trading account.
BTCMEX.com is a Hong Kong based cryptocurrency derivatives exchange offering Bitcoin perpetual contracts with 100x leverage. The Exchange claims to have the fastest speeds in the industry, with 100,000 TPS per trading pair. It is noted however that the Exchange only offers trading in BTC/USD.
Currently BTCMEX offers a 0.1 BTC trading bonus for new users that deposit 0.01 BTC into their accounts and complete the ID verification process. Users will be able to use this 0.1 BTC trading bonus to trade with a maximum leverage of 10x, and can withdraw any profits from trading with this bonus at any time.