Thinking about signing up for the world’s most popular Bitcoin exchange? Before you do, make sure you have a working Coinbase referral code to get the bonus. We’ll provide a 100% working, tested code below.
Coinbase Referral Program
Whether you’re new to the cryptocurrency world or not, there’s plenty of opportunities to make a buck.
The cryptocurrency industry is rapidly expanding, and there’s no shortage of companies throwing money at new users who buy Bitcoin using their product.
One of these such companies is Coinbase, who is currently giving new users free money when they sign up for an account and place a minimum trade.
|Referral Link: https://www.coinbase.com/join|
|Bonus Amount: $10 free Bitcoin|
|Minimum Trade Required: $100 USD|
|Expiration Date: 180 Days After Account Creation|
How it Works
When a new user signs up for the exchange through an existing user’s Coinbase referral link, the referral is tracked with a unique ID embedded within the signup URL. Once the new user places a buy or sell trade worth at least $100 USD, both the new trader and referring user will get a bonus worth $10.
After visiting the link, the new user must create an account within 90 days. Once the account is opened, they then have 180 days to buy Bitcoin and another digital currency to be eligible for the bonus.
While the Coinbase bonus applies to normal accounts, GDAX orders don’t count towards the trade threshold. They have to make up for the free money somehow, which are offset by the trading fees on normal accounts.
What sets this program apart from other exchange bonuses is that both parties get a bonus, not just the referring user. For example, new Binance users that use a referral ID during account creation get nothing, while the referring user gets a cut of the new customer’s trading fees. To me, this hardly seems fair, so Coinbase is doing a good job of leveling the playing field.
Claim Your Coinbase Bonus
Claiming your new user bonus is easy, and takes only a few minutes to complete. To claim your $10 in free Bitcoin, you’ll need a referral id (below) and the information necessary for creating your trading account.
* When you use our signup link, we both get a $10 bonus when you meet the promotion requirements. We appreciate you using our code, which helps offset the cost of resources required to run the site.
To proceed, you can either click the link above or follow the tutorial below.
- Click this link to visit our referral URL. Once clicked, the bonus promotion will be applied to your account.
- Sign up for a Coinbase account. They will walk you through the process step-by-step.
- Complete a trade worth $100 USD, buy or sell, then you and I will both get the bonus!
Still stuck? Here’s a quick video of how to create a new account:
Keep in Mind…
When claiming this Coinbase promotion, there’s a few things you should keep in mind.
First, Coinbase will sometimes shut off new account registrations or verifications may take longer than expected. As part of the booming crypto industry, growing pains are sometimes inevitable. Stay patient with the process. Coinbase will do everything in their power to verify new accounts as quickly as possible.
Second, orders can take up to 4 days to process. This can sometimes take longer in times of high demand, or if a technical glitch effects the exchange. Be patient, as most orders will eventually process.
If you in a country that supports Coinbase trading, then you can take advantage of this ongoing promotion.
Coinbase offers trading in the following countries…
|Australia||Canada||United Kingdom||United States|
As time goes on, new countries may be added that we don’t catch. For a complete updated list of coverage and trading options, please visit the official Coinbase coverage page.
Changes to the Bonus
While the Coinbase bonus is $10 now, in the past the payout for the referring party at one time was $75. That’s right, in 2017 Coinbase was giving customers $75 for every person they referred.
According to a Reddit Coinbase Referral thread, they dropped the bonus amount down from $75 in September 2017. This apparently caused quite the outrage against the exchange, but we can’t blame them for dropping the amount. After all, around that time signups were at an all-time high, so they really didn’t need to rely on the affiliates as much since they were already seeing a record number of new signups.
However, rideshare services like Uber and Lyft have seen similar changes to their referral programs. At the start, the free credit seemed like it could never stop flowing, but as their customer bases expanded, the bonus limits dropped down substantially. Both companies still offer bonuses for referring new users, but not nearly as high as they once were.
I don’t have a crystal ball, but I expect Coinbase to keep their referral program indefinitely. They may make changes along the way, but I can’t see it going away.
Regardless, I HIGHLY encourage you to claim the new user bonus at this point before it drops again.
Become an Affiliate
By now I’m sure you’re familiar with the program. If you’d like to jump in on the action and make additional income promoting cryptocurrency, then there’s no better time than now to become a Coinbase affiliate.
As we mentioned above, when you refer friends and new customers through your link, you’ll both get a $10 Coinbase referral fee once the new user completes the bonus requirements. $10 may not sound like a lot, but you’d be surprised how many people actually sign up to trade. $10 adds up before you know it.
The cool thing about this affiliate program is that you don’t have to apply or jump through hoops to become a part. All you need is a verified account to start referring friends to the platform.
Get Your Code
To get your affiliate code, simply sign into your account and navigate to https://www.coinbase.com/invite_friends. That page will give you access to your affiliate referral link.
The affiliate dashboard is incredibly simple and is very easy to use. It looks like this:
As you can see, the backend is pretty stripped of features, so everything is really straightforward. You can copy your unique id link, invite friends through their email invite feature, or share the code on Facebook or Twitter through the buttons.
This type of simplicity is great for regular users, but power affiliates well-versed in the space will probably cringe. Personally, I really wish there was more advanced tracking features, otherwise can make it seem like Coinbase could be skimming off the top. And it turns out I’m not alone.
The guys over at 99bitcoins.com are one of these types of affiliates. They leverage their customer base and apparently drive thousands of new signups. However, the lack of tracking data, combined with a large number of incomplete signups makes the entire process look a bit suspect.
I could go into it more, but since I haven’t had a similar problem yet, I encourage potential affiliates to read their take on the program.
My Coinbase referral is not working. What’s wrong?
There are a few different reasons your bonus has not been applied.
- You have not made a large enough trade to qualify for the bonus.
- You are not in a country that currently supports trading, therefore doesn’t pay out the new customer sign up bonus.
- You didn’t sign up through an affiliate’s link. If you went directly to the registration page, or Google, there is no way to credit a signup.
- You have waited too long to either apply for an account after clicking a referral link.
Why haven’t I been paid a commission from Coinbase after referring a new user?
Take a look at the reasons a promotion may not apply in the question above. If none of these apply, there’s a few other reasons that might be interfering with a payout.
- The new customer must have clicked a sign up link, but clicked yours last. If they clicked your link, left, then found the registration page through another customer’s link, you won’t get credit for that referral.
- The new customer may have placed a trade through GDAX. Orders through this exchange don’t count towards the bonus.
- A trade may not have cleared quite yet. Trades can take up to 4 days to clear, so the trade may not have gone through quite yet.
- The new account my have been flagged as fraud, duplicate, or fake.
Can I add a Coinbase referral code after creating an account?
The Coinbase refer a friend promotion only applies to new users who sign up using an existing customer’s referral link. If you’ve signed up for an account without doing so through an affiliate link, you’ll need to open a support ticket and explain the situation. Otherwise, you’re out of luck.