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 2022.
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 April 2022
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 $30 bonus (no promo code required) when you fund your account with $100 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. 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 $100 welcome bonus when you trade at least $300 in Crypto 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 19 others.
Fees: 1.5 – 2% trading fee; free deposits and withdrawals.
Review: Wealthsimple Crypto review.
3. 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.
4. 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 $40 bonus when you make an initial deposit of $250 to your account.
Coins Offered: Bitcoin, Litecoin, Ethereum, EOS, Stellar, Bitcoin Cash, Aave, Chainlink, and several others (15 types).
Fees: 0.10 – 0.20% 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.
5. 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; deposits and withdrawals are free.
Review: Shakepay vs. Bitbuy.
6. 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 (no promo code required with our link) when you fund with at least $100.
Coins Offered: Bitcoin, Ether, Dogecoin, EOS, Ripple, Cardano, Tether, Chainlink, Polkadot, Stellar, Compound, Uniswap, Aave, Litecoin, Shiba, and others (28 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.
7. 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 $10 bonus after you trade at least $100 worth of crypto.
Coins Offered: Bitcoin, Ethereum, Tether, QCAD, Bitcoin Cash, Litecoin, USDC, and Ripple.
Fees: 0.50% trading fees; free fiat deposits and withdrawals; variable crypto withdrawals fees.
Review: Netcoins review.
8. 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.
9. 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: 350+ 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.
10. 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.
11. MogoCrypto Referral Bonus
MogoCrypto is a cryptocurrency trading platform offered by the fintech company, MOGO. In addition to bitcoin trading, the company also offers free credit scores and personal loans.
Coins Offered: Only Bitcoin.
Fees: 1% trading fee plus a price spread; free deposits and withdrawals.
Review: MogoCrypto Review.
12. Bitmart Referral Code
Bitmart is a popular trading platform for traders who want access to new coins as well as 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. Coinsquare Referral Code
Coinsquare is a crypto exchange based in Toronto. It was founded in 2014.
Referral Bonus: Get a $10 BTC Bonus when you fund your account with at least $100.
Coins Offered: Bitcoin, Litecoin, Ethereum, Bitcoin Cash, Ripple, DASH, Stellar, Ethereum Classic, Bitcoin SV, and Dogecoin.
Fees: 0.20% to 0.40% trading fees; free deposits, 1-2% fee for fiat withdrawals.
Review: Coinsquare 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 cold wallet starter pack, you get a $25 voucher.
Ledger Nano S supports more than 1,500 tokens and up to 6 applications.
Related: MogoTrade review.