Looking for free Bitcoin in Canada? The best cryptocurrency exchange sign-up bonuses and referral programs can help you out.
Digital assets like Bitcoin and Ethereum dominated the news last year, and they remain top of mind in 2023.
Whether you consider them 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 January 2023
In addition to the sign-up bonus a crypto exchange is offering, take a look at its trading fees, coins offered, security policies, and reviews.
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. 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.
Referral Bonus: Get a $50 bonus (no promo code required) when you fund your account with $200 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.
2. Shakepay Referral Bonus
Shakepay allows Canadians to easily buy and sell digital currencies with one click. It was founded in 2015 and is based in Montreal.
Referral Bonus: Get a $30 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.
3. 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 $30 bonus after you pass KYC and deposit at least $100 in your account ($10 for KYC and $20 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: Netcoins review.
4. 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 $150 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.
5. 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 $25 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.
6. 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.
7. Coinberry Referral Code
Coinberry is a digital currency trading platform designed for beginners and experienced traders alike. It is based in Toronto.
Referral Bonus: Get a $30 bonus when you trade at least $50. You can either use our link or this referral code (3b28a1568bc).
Coins Offered: Bitcoin, Ethereum, Ripple, Stellar, Bitcoin Cash, Litecoin, and more (29 types).
Fees: Up to 2.5% price spread; free fiat deposits and withdrawals.
Review: Coinberry review.
8. 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.
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.
Note that Binance is not available to Ontario residents.
Review: Binance review.
9. Bitbuy Referral Code
Bitbuy is one of the oldest cryptocurrency trading platforms in Canada. It was founded in 2016 and is based in Toronto.
Referral Bonus: Get a $20 bonus (valid referral link) when you make an initial deposit of $250 to your account. You can also use our Bitbuy referral code 1POKVVATX.
Coins Offered: Bitcoin, Litecoin, Ethereum, EOS, Stellar, Bitcoin Cash, Aave, Chainlink, and several others (20+ types).
Fees: 0.10% – 0.50% trading fees; 1.50% for Interac e-Transfer deposits and 0.50% when you deposit fiat using bank wire; up to 1.50% fiat withdrawal fees; variable fees for crypto.
Review: Bitbuy review.
10. 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 CRO for a Crypto.com Visa Card.
Coins Offered: Over 150 popular coins.
Fees: Trading fees vary depending on your account level (0.04% to 0.16%). Withdrawal fees vary.
11. NDAX Sign-Up Bonus
NDAX is a crypto exchange founded in 2017 and based in Calgary. It offers competitive trading fees and a comparatively large selection of coins.
Referral Bonus: Get a $10 bonus when you trade at least $100.
Coins Offered: Bitcoin, Ether, Dogecoin, EOS, Ripple, Cardano, Tether, Chainlink, Polkadot, Stellar, Compound, Uniswap, Aave, Litecoin, Shiba, and others (30+ types).
Fees: 0.20% trading fees; free Interac e-Transfer, bank wire, and bank draft deposits; $25 flat fee for fiat withdrawals; crypto withdrawal fees vary.
Review: NDAX Canada Review.
12. Bitmart Referral Code
Bitmart is a popular trading platform for traders who want access to new coins and popular digital currencies.
Referral Bonus: Get up to a 15% trading discount. When you refer others, you can earn up to 70% in commissions.
Coins Offered: 50+ trading pairs, including Bitcoin, Ethereum, Polkadot, Filecoin, Chainlink, Bitmart Token, Safemoon, and more.
Fees: 0.015% to 0.25% depending on your account tier; crypto withdrawal fees vary.
13. 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 $10 USD bonus when you trade digital currencies worth $100 USD or more (depending on the equivalent in your local currency).
Coins Offered: 50+ coins.
Fees: Varies depending on your location and payment type.
Review: Coinbase review.
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.
