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Written by Ben Scribner on October 4, 2023
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Coinbase Free Crypto 2023: Earn Up To $200 In Free Bitcoin!

Coinbase, one of the leading cryptocurrency platforms, is making a splash with its two enticing free crypto promotions for eligible US residents (excluding Hawaii).

These offers are designed to reward new users who embark on their crypto journey with Coinbase.

Here's a breakdown of the two promotions.

Keep on reading, or watch our video below on the topic.

Limited Time: Robinhood 1% Transfer Bonus

If you transfer an existing brokerage account to Robinhood through January 31st 2024, you can get an Unlimited 1% Transfer Bonus.

Robinhood Transfer Bonus

For example, if you transferred a brokerage account worth $50,000 - that would be a bonus of $500.

In addition, Robinhood offers a free stock for new users as well as a 1% IRA match for retirement accounts.

Best Free Stock Promotions

Robinhood Logo1 Free Fractional Share Worth $5 To $200Claim Bonus
Webull LogoEarn Up To 70 Free Fractional SharesClaim Bonus
Moomoo Logo5 Free Stocks When You Deposit $100+Claim Bonus
Acorns Logo$20 Bonus When You Invest $5+Claim Bonus

1. Spin the Wheel Promotion

New users in the United States (excluding Hawaii) can participate in the "Spin the Wheel" promotion.

To get in on the action, follow these simple steps:

  1. Create a Coinbase account: Start by signing up for a Coinbase account. It's quick and straightforward.
  2. Complete your first cryptocurrency purchase: Make your inaugural crypto purchase on Coinbase, and you're on your way to spinning the wheel.
  3. Spin the wheel of rewards: Once you've completed your first crypto purchase, you'll be eligible to spin the wheel of rewards.
  4. Receive your reward: Shortly after spinning the wheel, you'll receive a reward in either USD or Bitcoin, directly in your Coinbase portfolio.

This promotion is exclusively for new Coinbase users who make their first cryptocurrency purchase on the platform. The rewards are randomized and determined solely by Coinbase, falling within a range of $3 to $200.

Approximately 89% of new users who spin the wheel will receive a reward between $3 and $5, either in USD or Bitcoin.

Around 11% of new users who participate will strike it bigger, receiving a reward between $6 and $200 in USD or Bitcoin.

2. First Trade Incentive

New users in the United States (excluding Hawaii) can take advantage of the "First Trade Incentive" promotion.

Here's how it works:

  1. Sign up for Coinbase: First, create your Coinbase account.
  2. Add a payment method and buy crypto: Once you've signed up, link a payment method to your account and make a cryptocurrency purchase on Coinbase.
  3. Claim your $5 in BTC: After successfully completing the necessary steps of creating an account and making your first crypto purchase, you'll receive $5 worth of Bitcoin in your Coinbase portfolio.
Article written by Ben Scribner

Read more

Power Your Investing

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Get 1 Free Stock Worth Up To $200 From Robinhood!

Don't Miss This Opportunity!

Investing Simple readers can claim a free stock from Robinhood worth up to $200 when they open a brokerage account and deposit any amount.

For US Residents only. Investing Simple is affiliated with Robinhood, and we may earn a commission when you sign up for Robinhood.

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