Crypto cash backs are offered to clients as money back after purchase while giveaways are used for promotional purposes to encourage usage of a platform.
Free Money? Yes, It Is There in the Crypto Space
It is very common for companies to want their customers to spend their hard-earned money. However, how do I convince them to spend their money? One of the easiest ways to do this is by offering a cash back program. This perk gives a portion of the money back to the customers.
The next type of reward system is through cryptocurrency giveaways, which is a system that enables various companies and brands to give away free tokens to their users. Users can sign up for the program or purchase products from participating companies.
In turn, these crypto cash banks and giveaways come in handy for their customers. They give them access to extra “free” crypto that they can either invest in or cash out for profits. Credit cards with crypto rewards are a great way for crypto enthusiasts to grow their digital assets.
In addition, they may appeal to those new to digital tokens. Due to the relatively low risk of fraud, many people interested in learning more about cryptocurrencies may choose to use these to make the first steps into the digital tokens world.
Summary of Crypto Cashback and Giveaways Offered by the Platforms
|Platform||Offers||How it Works|
|Nexo||$25 in BTC referral program2% in crypto rewards using Nexo Card (Get up to 0.5% in crypto rewards when earning in Bitcoin, Or change your reward type to NEXO to get up to 2% back.)|
Get a $100 welcome bonus
|Nexo is one of the most popular platforms that allows its customers to earn compound interest on their cryptocurrency which is paid daily. It offers $25 in BTC for both you and your friend when they use your referral link. New users also get a $100 welcome bonus, paid out in Bitcoin, when you make your first top-up of $1,000 or more. In addition, there is 2% in crypto rewards using Nexo Card.|
|Huobi||3rd Affiliate Special win Win MacBook Pro 13-Inch and more: Oct 8 to Oct 22Special and seasonal giveaways|
Monthly PrimeBox Share 50 BTCUp to $300 Huobi
Welcome Bonus to 31st Dec 2022
$20 Referral for Welcome Bonus
|Leading cryptocurrency exchange Huobi Global is well-known in Asian markets. Additionally, Huobi offers a 50BTC monthly PrimeBox Share. Like Binance, it also offers various tailored incentives that are based on certain trading objectives. The third affiliate promotion to win a MacBook Pro is also being held on the platform. The exchange also notifies its investors about its seasonal giveaways via the notifications portals.|
|SoFi||Up to 3% cash back with SoFi credit card for a year and up to $300|
Welcome bonus between $10–$10K in rewards points
Seasonal rewards and promotions
Trade crypto and get up to $100 in bitcoin.
$15 for referrals and your friend gets $15
Track your credit score for FREE and get up to $10 for new members
Get $100 when you refer a private student loan to a friend—they’ll get $100 too
|SoFi is a financial services provider in the US. That means it provides almost all of its services to US citizens. All that is required to start receiving rewards from SoFi is registering with them, following the procedure of acquiring the SoFi card, and staying posted on its latest developments. SoFi allows you to track your credit score for FREE and get up to $10 (1,000 rewards points). In addition, you can trade crypto and get up to $100 in bitcoin. There is also up to 3% cash back with SoFi credit card for a year and up to $300. You can also get $100 when you refer a private student loan to a friend and they will get $100 too.|
|eToro||Deposit $100 and Get $10 for new users|
Invest $500 in Crypto Smart Portfolio and Get a $50 Bonus
$50 for referral and your friend gets $50.
Up to 10 for a total of $500.
|eToro is a leading online broker that offers both stock trading and cryptocurrency trading. In 2014, it became one of the first companies to support Bitcoin. When new users deposit $100, they receive $10.Investing in $500 in Crypto Smart Portfolio allows you to get a $50 bonus in addition, you can get $50 for a referral and your friend gets $50.|
|Voyager||Earn up to 9% rewards on debit card|
For every friend that you get to sign up and trade a minimum of $100, You will get both $50 of free crypto.
For every trade you make, you get extra price improvement in VGX.
Earn up to 12% in rewards for hodling a selection of over 40 assets on Voyager with no lockups.
|Steve Ehrlich founded Voyager Digital, which was one of the first platforms to serve the crypto space. Since then, the company has grown to support the industry and provide investors with the best possible returns. Voyager offers various ways for its users to earn. Some of these include card cashback, login bonuses, and staking rewards. It also gives its users rewards in various crypto assets. You get to earn up to 9% rewards on your debit card and up to 12% for hodling a selection of over 40 assets.|
|Robinhood||Earn a 10-100% bonus on your weekly round-ups.|
Get a Free Stock (worth between $5 and $200)Seasonal cash giveaways
|Robinhood started out as an innovative disruptor in the brokerage industry and its brand has since grown to be very popular with tech-savvy investors and new traders, thanks to a no-fee model and sleek, easy-to-use trading experience. It offers some giveaways such as you can earn 10-100% bonus on your first weekly roundups. You can also get a free stock worth between 5% and $200. Robinhood also gives seasonal cash giveaways that you can participate in.|
Huobi Global was founded in 2013 in Beijing to provide a cryptocurrency trading platform for individuals in mainland China and beyond. The platform quickly rose to become one of China’s three big crypto exchanges, providing ample liquidity to Bitcoin traders.
Huobi is currently holding a campaign where it is rewarding new users with up to a $300 Huobi bonus. How it works is you first get a $20 bonus after successful registration, then, with every deposit of $200+, some rewards and bonuses amount to up to $300. In addition, you and your friend get a $20 referral bonus for inviting them for the welcome bonus.
Huobi is also currently running the third affiliate promotion to win a MacBook Pro held on the platform. The promotion will run from the end of October 8 to October 22.
The platform is also running a monthly PrimeBox Share of 50 BTC, where users have a chance to win part of the crypto. Meanwhile, the platform periodically runs seasonal giveaways and prizes for its users. They send out emails to their customers and advertise on their website and other social media platforms.
Nexo is a blockchain-based lending platform that offers users instant cryptocurrency-backed loans. The platform was established in 2018 and has recently gained more popularity in the cryptocurrency market.
The platform offers $25 in BTC for you and your friend when they use your referral link. Notably, every friend you refer must top up at least $100 in assets. There is also no cap on the number of people you can refer.
New users also get a $100 welcome bonus, paid out in Bitcoin, when you make your first top-up of $1,000 or more. In addition, there is a 2% in crypto rewards using Nexo Card. You can get up to 0.5% in crypto rewards when earning in Bitcoin. You can also change your reward type to NEXO to get up to 2% back.
SoFi has been helping young adults get their financial lives in order since its launch 12 years ago. It’s the only robo-advice service that doesn’t charge a fee and provides free access to a certified financial planner.
This platform allows users to trade various cryptocurrencies, such as Bitcoin, Ethereum, and altcoins. It also supports various bank cards for crypto purchases, such as the SoFi card. There are a lot of giveaways and offers that are updated regularly.
You can track your credit score for FREE and get up to $10 (1,000 rewards points). This offer is available to new SoFi members without any other existing SoFi accounts. You can also get up to $1,000 when you open an active investing account in the app. There is also up to 3% cash back with a SoFi credit card for a year and up to $300. You can also get $100 when you refer a private student loan to a friend, and they will get $100 too.
SoFi offers $15 for referrals, and your friend also gets $15. Notably, SoFi also offers seasonal giveaways and offers to its customers.
The eToro platform is a digital trading system that allows users to trade stocks and virtual assets. It relies on third-party organizations to operate its operations. These entities, known as brokers, have their reward systems. There are still official reward programs for those who use these platforms.
Joining eToro and investing $500 in their crypto Smart Portfolios for a limited time will grant you $50 from eToro. Fees for management and hidden charges are not charged.
For each friend you refer, you get $50; your friend gets $50—up to 10 for a total of $500. However, the offer is only available for specific US states.
Voyager is a mobile crypto broker offering institutional and individual investors a commission-free trading experience. It has over a hundred cryptocurrencies on its platform.
The app allows users to maintain their minimum balances of various cryptocurrencies. It also provides its institutional clients access to liquidity, order execution, and custodial services.
For every friend you get to sign up and trade a minimum of $100, Voyager gives you both $50 of free crypto. For every trade you make, you also get extra price improvement in VGX. The higher your loyalty tier, the greater your crypto back reward, which is paid out at the middle and end of each month.
Notably, Voyager also allows users to earn up to 9% rewards on their debit card. You can earn up to 12% in rewards for hodling more than 40 assets on Voyager with no lockups.
In 2014, Baiju Bhaat and Vlad Tenev founded Robinhood, an app that simplifies the process of trading. They initially launched the platform to expand the reach of the market by reducing the barriers to entry. It quickly became a home for young, tech-friendly traders due to its simple design.
Earn a 10%-100% bonus on your weekly round-ups, which you can invest in stocks and cryptocurrencies. Normally, round-ups are limited to $100 per week, while bonuses are capped at $10 per week. In addition, you can get a free stock worth between $5 and $200. Notably, seasonal cash giveaways are also given to their customers.
The platform is growing, showing that it may have better offers in the future. It’s important to monitor it after taking in any rewards it gives.
Different platforms offer various bonuses in crypto, which traders can use to buy additional coins. Some platforms even provide investors with zero-fee investments.
Due to the current major dip in the market, most coins are trading at over 50% below their all-time high. Despite the recent shake-up, investors can still capitalize on the opportunity to gain more assets by investing in crypto assets. That can be done through the earnings from these assets or directly by investing. A hybrid approach is always best as it eliminates the disadvantages of each option.
Some platforms, such as SoFi and eToro, are giving away free money in crypto. It is up to the individual investors to manage their risks while still being involved in the space.
However, note that this is not a financial advice article. Before you get into the crypto market, make sure that you thoroughly do your research and remember only to invest your extra money, as the market is highly volatile.