Coinbase Referral Code May 2022 (Get a $10 Bonus)

Photo of author

by Enoch Omololu

Updated

Advertiser Disclosure

Coinbase is the second-largest crypto exchange, behind Binance, with over 68 million verified users, and daily trading volume touching over 4 billion.

When you sign up using a valid Coinbase referral code (link applies the code automatically) and complete a buy or sell order worth $100 of crypto, you receive a $10 Coinbase referral bonus.

You can also invite friends to sign up for Coinbase accounts through your Coinbase referral link and earn crypto rewards.

This article walks you through how the Coinbase referral program works, how to find your Coinbase earn referral link, and the trading fees on the platform.

What is Coinbase?

Launched two years after Bitcoin, Coinbase is one of the oldest crypto exchanges that enable retail investors, businesses, and institutions to buy and sell cryptocurrencies with ease.

It was founded in 2012 by Brian Armstrong and Fred Ehrsam.

It’s now available in over 100 countries and supports over 100 crypto coins, including Bitcoin, Ethereum, USD Coin, Cosmos, Tezos, Maker, Cardano, Chainlink, Bitcoin Cash, Uniswap, Aave, Tether, and others.

You can sign up for Coinbase with your computer via a web browser or with your smartphone through the Coinbase app.

Here’s a detailed Coinbase review.

How Does Coinbase Work?

Coinbase follows KYC and AML guidelines. Thus, you’ll be required to verify your email and phone once you sign up, then upload the required documentation to verify your account by completing identity verification, proof of address, employment status, source funds, and more.

Once your account is verified, you can load money into your Coinbase wallets using a debit/credit card, bank account, or crypto wallet. 

From there, explore the different crypto assets on Coinbase and buy coins of your choice.

If you signed up using a Coinbase referral code, you’ll get a $10 Coinbase referral bonus on your first $100 crypto purchase.

Coinbase Referral Code and Link ($10 BTC Bonus)

Let’s have a little clarification.

Unlike Binance, Coinbase doesn’t use a referral code system but instead uses a Coinbase referral link.

Once you click through the referral link and create your account, you’ll get a $10 BTC bonus after trading your first $100 USD worth of crypto.

How To Sign-up for Coinbase with a Referral Link

Signing up for Coinbase with our Coinbase referral link is pretty simple.

After you click the referral link, you’ll be redirected to a signup screen where you’ll be required to provide your personal details, confirm that you are 18+, and agree on terms.

Then hit the “Create Account” button to start the account creation process. From there, verify your email and phone number, then proceed with the next steps to verify your identity.

Once your account is set up, load money or crypto into your account to purchase the cryptocurrency you want to trade or invest in. 

To receive your Coinbase referral bonus, you must complete all the steps, and then buy or sell $100 USD worth of crypto.

Coinbase Referral program

Once you’ve signed up and become a Coinbase user, you can also take advantage of the Coinbase referral program and continue earning Coinbase referral rewards with your own referral link.

You can easily access your Coinbase referral link by visiting the Referrals Page on Coinbase.com or going to the Settings tab in the Coinbase mobile app. 

Copy your link and share it on social media, email, text, and your favorite messaging apps inviting friends to sign up for a Coinbase account.

For each of your invites who signup, complete their account setup, and initiate a buy or sell order worth $100 of crypto, you both receive a $10 Coinbase referral reward worth of BTC. 

There’s no limit to the number of friends you can invite.

To get your Coinbase referral bonus, the buy or sell order must be completed within 180 days of account opening.

There’s no Coinbase Pro referral reward because orders placed on Coinbase Pro aren’t eligible for a referral bonus.

Coinbase Fees

Coinbase Pro uses a maker/take fee structure based on your 30-day trading volume. Maker fees start at 0.5% and decrease to 0.02% as your trading volume increases from $10K to 300M. 

Taker fees start at 0.5% and decrease to 0.04% as your 30-day trading volume increases from $10K to 1B+.

That said, fees on Coinbase.com can be quite high and complex.

You’ll incur a flat fee of $0.99-$2.99 for crypto purchases of $10-$200, and 1.49% to 3.99% for purchases above $200 depending on the purchase method used.

Is Coinbase Legit and Safe?

Yes. Coinbase is a legit and Safe crypto exchange that has been in operation since 2012.

However, no crypto exchange is 100% hacker-proof, so it’s advisable to transfer your crypto assets into a hardware wallet.

Coinbase Alternatives in Canada

1. CoinSmart: This is the best crypto exchange in Canada. You can trade up to multiple popular crypto coins and get a $30 bonus if you sign up and deposit $100. It’s great for both new and advanced crypto investors.

CoinSmart Crypto Exchange

coinsmart logo

Top crypto exchange in Canada

Great for new & advanced traders

0.20% trading fee

Get a $30 bonus when you deposit $100

2. Wealthsimple Crypto: You can trade 40+ different crypto coins. Sign up and trade at least $300 worth of crypto to get a $100 bonus, and you can sleep tight at night knowing that your crypto is held securely on the platform.

3. NDAX: Offers 30+ crypto coins, and stands out as one of the low-fees crypto exchanges in Canada. Sign up and deposit $100 to get a $10 bonus.

4. Bitbuy: Trade 15+ cryptocurrencies, including BTC, BCH, ETH, LTC, XLM, EOS, AAVE, LINK, and more. You get a $40 bonus when you deposit an initial $250 in your account.

Coinbase Referral FAQ

How do I get a Coinbase referral bonus?

You can get a Coinbase referral bonus by signing up for a Coinbase account through a Coinbase referral link.

How do I get $10 from Coinbase?

Sign up for a Coinbase account through the Coinbase referral link or invite friends through your Coinbase referral link to get a $10 Coinbase referral reward

Does Coinbase offer other ways to earn free crypto?

Yes, you can earn free crypto on Coinbase through Coinbase Learn.

Where can I find my Coinbase referral link?

Visit the Coinbase Referrals Page or the Settings tab on the Coinbase mobile app.

Related:

Disclaimer: Cryptocurrency is a volatile and speculative investment. If you decide to invest, we recommend you do your own research and only commit funds you can afford to lose. The author may own one or more of the crypto assets mentioned in this article.

Best Promotions this month

Best FREE chequing account offer in Canada with $350 cash bonus

$350 cash bonus when you deposit $100 for 3 months.

Unlimited free debits and Interac e-Transfer transactions.

No monthly account or transaction fees.

Earn a 2.20% high-interest rate on your savings.

No monthly or minimum balance is required.

Get a $20 welcome bonus with the KOHO app and up to 10% cash back

Free reloadable prepaid card (use CASHBACK referral code).

Earn 0.50% cash back on all purchases and up to 10% at select partners.

Save automatically and earn 1.20% interest on your balance.

Get 3-day early access to $100 of your paycheque for free.

Increase your credit score fast with Credit Building.

Get a $150 cash bonus and FREE stock and ETF trades

Only commission-free stock and ETF trading platform in Canada.

$0 trading commissions on thousands of products.

$150 cash bonus when you fund and trade $300 worth of stocks.

Free referral stock bonuses are available up to $4,500*.

Earn high interest rate on your savings account

1.50% interest rate on your savings account.

Up to 125x more earnings than other banks.

No monthly account fees; fast and easy online sign-up.

Free and unlimited bill payments and Interac e-Transfers.

Retirement 101 eBook - 3D

Author

Photo of author
Enoch Omololu

Enoch Omololu is a personal finance expert and a veterinarian. He has a master’s degree in Finance and Investment Management from the University of Aberdeen Business School (Scotland) and has completed several courses and certificates in finance, including the Canadian Securities Course. He also has an MSc. in Agricultural Economics from the University of Manitoba and a Doctor of Veterinary Medicine degree from the University of Ibadan. Enoch has a passion for helping others win with their personal finances and has been writing about money matters for over a decade. He has been featured or quoted in The Globe and Mail, Winnipeg Free Press, Wealthsimple, Financial Post, Toronto Star, CTV News, Canadian Securities Exchange, Credit Canada, National Post, CIBC, and many other personal finance publications.

His top investment tools include Wealthsimple and Questrade. He earns cash back on purchases using KOHO, monitors his credit score for free using Borrowell, and earns interest on savings through EQ Bank.

Leave a comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Share
Pin
Tweet
WhatsApp
Reddit