Looking for free Bitcoin in Canada? The best cryptocurrency exchange sign-up bonuses and referral programs can help you out.
Whether you consider crypto to be ‘real’ investments or just speculative nonsense that will soon go away, the reality is that many people are itching to get in on the action.
Below, I list some of the best crypto exchange sign-up bonuses that give you free cash to purchase Bitcoin or other digital assets of your choice.
Crypto Exchange Sign-Up Bonuses December 2024
To take advantage of the bonus offers by these platforms, simply click through on the links provided on this page, and the promo codes will be applied automatically.
1. Bitbuy Referral Code
Bitbuy is one of the oldest cryptocurrency trading platforms in Canada. It was founded in 2016 and is based in Toronto. It tops our list of the best crypto exchanges you can use.
Referral Bonus: Get a $50 bonus (valid referral link) when you make an initial deposit of $250 or more to your account.
Coins Offered: Bitcoin, Litecoin, Ethereum, EOS, Stellar, Bitcoin Cash, Aave, Chainlink, XRP, and several others (39+ types).
Fees: 0.00% – 2% trading fees; free fiat deposits and 1.50% for fiat withdrawals.
Review: Bitbuy review.
2. VirgoCX Referral Bonus
VirgoCX is a popular crypto brokerage founded in 2018. It also offers an NFT marketplace and OTC trading.
Referral Bonus: Get a $20 bonus after you pass KYC and deposit at least $100 in your account ($5 for KYC and $10 for account funding).
Coins Offered: Bitcoin, Ethereum, Bitcoin Cash, Litecoin, USDC, Ripple, Enjin Coin, The Sandbox, Fantom, and several others (60+ coins).
Fees: 0.50% to 2.50% trading fees; free fiat deposits and withdrawals; variable crypto withdrawals fees.
Review: VirgoCX review.
3. Shakepay Referral Bonus
Shakepay allows Canadians to buy and sell digital currencies with one click. It was founded in 2015 and is based in Montreal.
Referral Bonus: Get a $20 bonus when you purchase your first $100 worth of cryptocurrency.
Coins Offered: Bitcoin and Ethereum.
Fees: Pay a variable price spread (1-3% trading fee); deposits and withdrawals are free.
Review: Shakepay vs. Bitbuy.
4. CoinSmart Promo Code
CoinSmart is a cryptocurrency exchange based in Toronto and was founded in 2018. It is one of the best crypto exchanges in Canada and is now a part of Bitbuy.
Referral Bonus: Get a $50 bonus when you fund your account with a first deposit of $250 or more.
Coins Offered: Bitcoin, Litecoin, Bitcoin Cash, Stellar, EOS, Cardano, Ripple, Ethereum, USDC, Shiba Inu, Chainlink, Uniswap, Polkadot, Tether, Solana, and several others.
Fees: Free deposits using bank draft, bank wire, and SEPA. 0.20% trading fee; withdrawal fees vary.
Review: CoinSmart review.
5. Newton Referral Bonus
Newton offers one of the largest selections of coins in Canada, with more than 70 different ones to choose from.
Referral Bonus: Get a $25 bonus when you buy your first $100 worth of cryptocurrency.
Coins Offered: Bitcoin, Ethereum, Uniswap, Solana, Hedera, Dash, Polygon, Polkadot, and 70+ others.
Fees: Pay a variable price spread up to 2.00%; withdrawals and deposits are free.
Review: Newton Crypto review.
6. Wealthsimple Crypto Referral Bonus
Wealthsimple Crypto is the crypto-trading platform offered by Canada’s most popular robo-advisor.
This platform has some oversight from regulators and is “under time-limited registration and regulatory approach coordinated through the Canadian Securities Administrators’ Regulatory Sandbox.”
Referral Bonus: Get a $25 welcome bonus when you deposit at least $200 within 30 days of account opening.
Coins Offered: Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Aave, Chainlink, Dogecoin, Maker, Curve, Uniswap, Yearn.Finance, Synthetix, Compound, Basic Attention Token, Kyber Network, and many others (50+ coins).
Fees: 1.5 – 2% trading fee; free deposits and withdrawals.
Review: Wealthsimple Crypto review.
7. Coinbase Referral Link
Coinbase is a cryptocurrency exchange based in the United States. It is also available to Canadian residents. The company was founded in 2012 and trades on the NASDAQ stock exchange under the ticker “COIN.”
Referral Bonus: Get a bonus when you trade digital currencies worth $100 USD or more (depending on the equivalent in your local currency).
Coins Offered: 70+ coins.
Fees: Varies depending on your location and payment type.
8. Netcoins Referral Bonus
Netcoins was founded in 2014 and is owned by a publicly traded company (BIGG). It was one of the first platforms to offer a Bitcoin ATM.
Referral Bonus: Get a bonus after you trade at least $100 worth of crypto.
Coins Offered: Bitcoin, Ethereum, Bitcoin Cash, Litecoin, USDC, Ripple, Enjin Coin, The Sandbox, Fantom, and several others.
Fees: 0.50% trading fees; free fiat deposits and withdrawals; variable crypto withdrawals fees.
Review: Netcoins review.
9. Crypto.com Sign-Up Bonus
Crypto.com offers a crypto app that supports 100+ cryptocurrencies. It has over 10 million users and operates in more than 90 countries, including Canada and the United States.
Referral Bonus: Get a $25 bonus (promo code ypa22jvaeg) after funding your account and staking enough CRO for a Crypto.com Visa Card.
Coins Offered: Over 100 popular coins.
Fees: Trading fees vary depending on your account level (0.04% to 0.16%). Withdrawal fees vary.
10. Binance Referral Code
Binance is the largest cryptocurrency exchange in the world by far. It averages $2 billion in daily trade volume and has its own coin – Binance Coin (BNB).
Referral Bonus: Get a 20% commission discount when you sign up and start trading (Binance no longer operates in Canada).
Coins Offered: 650+ coins, including Bitcoin, BNB, Ethereum, Ripple, Litecoin, Dogecoin, and several altcoins.
Fees: 0.02% to 0.10% trading fee; withdrawal fees vary.
Crypto Wallet Sign Up Bonus
A cryptocurrency cold wallet secures your private keys and is one of the safest ways to store your digital assets.
When you buy a Ledger Nano S Plus cold wallet starter pack, you could get up to a $25 voucher (check if the promo is still available).
Ledger Nano S Plus supports more than 5,500 tokens and up to 100 applications.
Related: MogoTrade review.
