Crypto Bonus Offers and Promotions in March 2024

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Latest Forex No Deposit Bonus List and The Conclusive Guide

Forex no deposit bonus is a free, first deposit that you’re given by your forex broker, allowing you to start trading without risking your own capital. They’re most commonly reserved for new traders and come with a string of terms and conditions around how you can trade it and when you can withdraw your profits. Read More »

Table of Contentes

Want to start forex trading without an initial investment?

What is a Forex No Deposit Bonus?

Here are some common forex no deposit bonus conditions

How Do I get a Forex No Deposit Bonus?

How to get a forex no deposit bonus

Can I Withdraw my Profit From a No Deposit Bonus

Forex No Deposit Bonuses from the Broker’s Perspective

Forex Broker Marketing Strategies:

Does Anyone Abuse Forex No Deposit Bonuses?

Final Thoughts on Going After Forex No Deposit Bonuses

Are you looking for a forex no deposit bonus? Learn what they are, how they work, and where to find the best forex no deposit bonuses for 2024 in our conclusive guide. It is a risk-free way to start live Forex trading! Usually, Forex Broker funds money into their client’s account under this promotional offer to make them a real feel of live trading. Some of them allow to withdraw profit without any restriction; many others put some conditions to withdraw profits or bonus itself.

Want to start forex trading without an initial investment? Our guide to forex no deposit bonus is the perfect place to start

Forex no deposit bonuses are a marketing tool that brokers use to onboard new clients, allowing you to feel what it’s like to trade real money rather than on a demo. However, if used correctly, they can be the perfect point for a new trader to start their journey in the world of forex markets. In this comprehensive guide to forex no deposit bonuses, we’re going to show you what they are, how they work, and where to find them.

What is a Forex No Deposit Bonus?

As we said in the introduction above, a forex no deposit bonus is a free, first deposit that you’re given by your forex broker, allowing you to start trading without risking your own capital. They’re a unique marketing ploy by forex brokers to encourage new traders to open a trading account. Instead of offering new traders a demo account, they instead deposit credit into a live account that you can use to start experiencing what it’s like to trade immediately. As forex trading is as much a psychological battle with your mind as it is a battle against the markets, a no deposit bonus allows you to learn how to control your emotions in a live environment. Even if you’re not a brand new trader, forex no deposit bonus can be used as an incentive to switch brokers. If you’re looking for a new broker, consider accepting a no deposit bonus and making the switch. While forex no deposit bonus doesn’t require you to fund your account before you start trading live, they often come with a set of terms and conditions. Before accepting a no deposit bonus with any of the forex brokers we’ve highlighted within this guide, it’s imperative that you read these conditions.

Here are some common forex no deposit bonus conditions:

  • Have never traded with this broker before.
  • Verification is required to receive the bonus.
  • Trading limits are required to withdraw any profits.
  • The initial forex no deposit bonus is not withdrawable.

New traders sometimes fall into the trap of thinking they can immediately withdraw their no deposit bonus. Unfortunately, this is never the case.

As you can see, however, you are able to withdraw any profits that you make trading on your forex bonus credit, but again there are conditions applied. These can include having to trade a certain amount of lots before you’re able to make a withdrawal but vary between brokers.

Now you understand what forex no deposit bonus is, let’s move on to how they actually work.

How Do I get a Forex No Deposit Bonus?

As you may have guessed by the name, a forex no deposit bonus requires absolutely zero up-front investment on your behalf to start trading on a live account.

How to get a forex no deposit bonus:

  1. Choose a broker from our fore no deposit bonus table.
  2. Open a live account by filling in the registration form.
  3. Verify your account by providing the requested proof of identity documents.
  4. Start trading on a live account risk-free.

As you can see, the first step requires you to choose a broker and while you may find unregulated forex brokers offering no deposit bonuses without any form of verification, we’d encourage you to be skeptical of these types of offers. By choosing to open a live account with a regulated broker, you can be assured that your forex no deposit bonus is not a scam.

Fill in the required fields to open a live account on the broker’s live account registration page. Remember, forex no deposit bonuses are not demo credit, but in fact real money. This means you’re opening a live trading account with your broker, not a demo so ensure you’re filling out the correct form.

As you’re opening a live account, regulated brokers do however require you to follow the regular verification, KYC, and AML procedures required by law. Don’t be put off by this; these regulations are there to protect you by ensuring the broker is legitimate.

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Once the broker has fully verified your live account, you’ll find the forex no deposit bonus funds ready to go. You’re now able to start trading on a live account, without actually making an initial deposit with your new broker.

But the most important question has yet to be answered: What about withdrawals?

Can I Withdraw my Profit From a No Deposit Bonus?

Now comes to the most important section of our conclusive guide to forex no deposit bonuses – Discussing the process around withdrawing your trading profit.

As we mentioned above when talking about how to get a forex no deposit bonus, you will have to check a few boxes with your broker before you can make a withdrawal. Not only the forex no deposit bonus that you initially received but also any profits you made using the bonus funds to trade.

While every forex broker has a different set of requirements that you must reach in order to withdraw your profits, here are the most common:

  • Reach the required trading volume: An example of a trading volume requirement would be that you need to have traded at least 5 standard lots with your broker before you can withdraw any profit. The exact volumes required differ between brokers, as well as any time requirements required to keep trades open.
  • Have traded for a set number of days: This next requirement to withdraw trading profits is designed to stop you from opening an account and immediately making a withdrawal to take elsewhere. You may be required to not only keep an account open but actively trade on a number of consecutive days in order to be eligible to withdraw any profits made on your bonus credit.
  • Deposit funds of your own: While this final withdrawal condition goes against what a forex no deposit bonus is all about, some brokers still make it a requirement. You may be asked to make a deposit, before any profits earned on your bonus credit becomes available to withdraw.

As much as us on the trading side of the industry would like to think that the broker is purely doing us a favour by offering a forex no deposit bonus, they actually have ulterior motives we go over in the next section.

Forex No Deposit Bonuses from the Broker’s Perspective

So come on. What’s in for the broker to make them offer you a forex no deposit bonus?

We’re sure you’ve heard the saying that there’s no such thing as a free lunch, so why on Earth are they offering you seemingly free money?

The answer to this question is that they simply want you to open an account.

The forex broker industry is actually one of the most competitive industries on the planet. With the forex markets being the global, decentralized markets that they are, literally, anyone can trade forex.

With so many potential traders all over the world, this also means a plethora of different forex brokers all competing for their clientele.

A forex no deposit bonus can make or break for whether you choose to trade with Broker A or Broker B.

Forex Broker Marketing Strategies:

“Did you know that a trading account from somebody in a tier-1 country such as England, Germany, or Australia is potentially worth hundreds of thousands of dollars to the broker if the client continues trading long term?”

If that’s how much profit a forex broker is able to squeeze out of a single account, how much do you think they’d be willing to spend on marketing to get new account sign-ups?

Well, the answer is a lot.

The risk of offering someone a no-deposit bonus to start their trading career with that particular broker is minimal when compared to the potential reward of establishing a long-term partnership with the client.

Remember, most regulated ECN forex brokers make money by taking a cut of the spread or commissions on every trade made, not by trading against clients. This means that brokers actually want you to become a consistently profitable forex trader, not blow your account, and never be heard from again.

Does Anyone Abuse Forex No Deposit Bonuses?

It’s only human nature that people are going to take advantage of potentially lucrative situations and unfortunately for brokers, abuse of forex no deposit bonuses is rife.

Here are the two most common tactics that people use to try and take advantage of forex no deposit bonuses:

  1. Signing up for multiple accounts: This abuse strategy involves signing up for multiple accounts with the same broker. The abuser often uses different names and fake identity documentation to try to receive forex no deposit bonuses in each account. From here, they’re able to trade risk-free, or try to employ hedging strategies designed to make money no matter which way the market moves.
  • Hedging across different brokers: This alternative abuse strategy involves signing up for multiple accounts, but this time with multiple brokers. This strategy doesn’t require fake names and identity documentation because you’re using just one account per broker. By employing a hedging strategy across multiple brokers, one is going to make money, while the other is going to lose.

Hedging refers to opening two trades at the same time, one long and one short. What this does is create an opportunity where as the money you’re risking is a forex no deposit bonus, you are guaranteed to win one of the trades.

This hedging strategy is also sometimes referred to as forex no deposit bonus arbitrage and is banned in the terms and conditions of all forex brokers who offer any sort of bonus.

Remember, a forex no deposit bonus is designed to get you to develop a long-term relationship with your broker, not to take advantage by ripping them off and withdrawing your money, never to be seen again.

But brokers aren’t stupid and always know what’s going on. As a result, they’re known to employ the following strategies to combat abuse:

  • Restricting the IP addresses of new sign-ups.
  • Restricting the addresses of new sign-ups to stop accounts in a family member’s name.
  • Requiring certain KYC, identity verification documents.
  • Restricting certain countries where there may be limited profitability for the broker.

Final Thoughts on Going After Forex No Deposit Bonuses

If you’re looking for a broker that offers a forex no deposit bonus or any form of a trading bonus with no deposit for that matter, then check out the comparison table on this page. As we’ve touched upon within this guide to forex no deposit bonuses, picking the right broker is key.

When comparing brokers offering forex no deposit bonuses, we recommend only trading with regulated forex brokers. A regulatory organization oversees all business and financial operations of brokers within their jurisdiction.

They ensure the broker is economically sound, responsible, and not taking advantage of their clients.

If you choose to ignore forex broker regulations and have an issue regarding trade executions or the withdrawal of funds, you may have no legal discourse.

Some notable regulators include:

  • NFA and CFTC (USA)
  • FSA (UK)
  • ASIC (Australia)
  • CySEC (Europe)

If you’re ready to start trading forex, but you’re nervous about opening an account with a large up-front deposit, then a regulated broker that offers a forex no deposit bonus is for you.

If you want to start trading forex, but you’re nervous about opening an account with a large up-front deposit, then a broker that offers a forex no deposit bonus is for you.

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Find all available Forex no deposit bonuses for 2024 from the Forex brokers and detailed terms and conditions.

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  • Ending Soon(1)
  • Expired(588)

Free $30 No Deposit Bonus – MplusFX

Free $30 No Deposit Bonus – MplusFX

MplusFX accepts new traders to test the live market conditions with a NO DEPOSIT BONUS of $30 USD. The bonus is credited instantly for the […]

Broker’s Trustability
Comments No 4 Bonus — 30 USD End on — 2024/12/31

Welcome No Deposit Bonus $35 USD – JRFX

Welcome No Deposit Bonus $35 USD – JRFX

JRFX presents a $35 USD no deposit bonus to try the global financial market with free credit. Trade precious Metals and Forex without any monetary […]

Broker’s Trustability
Comments No 1 Welcome Bonus — $35 End on — 2024/12/31

Welcome $100 No Deposit Bonus – SoegeeFX

Welcome $100 No Deposit Bonus – SoegeeFX

SoegeeFX $100 USD Welcome no deposit bonus for registering a New account. Make an account today and get a bonus of $100 USD Forex no […]

Broker’s Trustability
Comments No 5 Bonus — $100 End on — 2024/12/31

$100 No Deposit Bonus – Aron Groups

$100 No Deposit Bonus – Aron Groups

Aron Groups gift $100 USD no deposit bonus for a all trader in their trading account, Trade with 1:200 leverage and withdraw profits after 20 closed trades.

Broker’s Trustability
Comments No 6 Bonus — 100 USD End on — 2024/04/06

No Deposit Verification Bonus – XTrade

No Deposit Verification Bonus – XTrade

XTrade presents Forex NO Deposit bonus upon Verification after making an account successfully. Get your account verification bonus, Simply verify your phone no. Or even […]

Broker’s Trustability
Comments No 25 Bonus — 55 USD End on — 2024/12/31

No Deposit Bonus $30 – ProFX

No Deposit Bonus $30 – ProFX

ProFX offers a no-deposit bonus for new clients to test the live trading services for Forex, Commodities, and Indices. Fill out the form, register a […]

Broker’s Trustability
Comments No 1 Bonus — $30 End on — 2024/12/31

$2024 USD No Deposit Bonus – FreshForex

$2024 USD No Deposit Bonus – FreshForex

FreshForex offers a USD 2024 No Deposit Welcome Bonus to kickstart your live Forex trading. Register an account as Classic, Market Pro, or ECN to […]

Broker’s Trustability
Comments No 159 Bonus — $2024 End on — 2024/04/30

Free $100 No Deposit Bonus – TrexGlobals

Free $100 No Deposit Bonus – TrexGlobals

New Trader of the Trexglobals can trial the live market with a $100 no-deposit bonus for trading live financial assets. Each eligible client can trade […]

More Info Trex Globals
Broker’s Trustability
Comments No 20 Bonus — $100 End on — 2024/12/31

Welcome No Deposit Bonus – Bold Prime

Welcome No Deposit Bonus – Bold Prime

Bold Prime offers a Welcome No Deposit Bonus of USD 15, allowing you to start your financial trading without any risk. Trade Forex and CFD […]

More Info Bold Prime
Broker’s Trustability
Comments No 0 Welcome Bonus — $15 End on — 2024/12/31

No Deposit Bonus – LiteFinance

No Deposit Bonus – LiteFinance

Use TRYFREE Bonus Promo Code to get a No Deposit into your trading account. Use your personal details to receive a 50 Bonus after fulfilling […]

Broker’s Trustability
Comments No 0 Welcome Bonus — $50 End on — 2024/12/31

Easter No Deposit Bonus $15 USD – TBS

Easter No Deposit Bonus $15 USD – TBS

TBS offers an Easter No Deposit bonus for newcomers in the industry to test the brokerage services without any funding from their pocket. This promotion […]

More Info Tamam Brokerage
Broker’s Trustability
Comments No 3 Bonus — $15 USD End on — 2024/12/29

Welcome NO Deposit Bonus $30 – Hedgecent

Welcome NO Deposit Bonus $30 – Hedgecent

Hedgecent presents a no-deposit bonus of USD 30 for new clients who open a trading account and meet the eligibility criteria. The bonus remains active […]

Broker’s Trustability
Comments No 0 Welcome Bonus — $30 End on — 2024/05/31

Free $50 No Deposit Bonus – Woxa

Free $50 No Deposit Bonus – Woxa

Woxa accepts new traders to test the live market conditions with a NO DEPOSIT BONUS of USD 50. The bonus is credited instantly to the […]

Crypto Bonus Offers and Promotions in March 2024

Best Crypto Bonuses hero image

The Money Ninja

As you narrow your search for the best crypto bonus offers, don’t forget to take the platform into account. A company that offers a smaller bonus might still be the best option for some if it supports more cryptocurrency, charges lower fees, or offers a better user experience.

This page will show all the available free crypto and bitcoin offers from cryptocurrency exchanges. Bookmark the page as we constantly update it when new offers show up.

Without further ado, let’s get started with the list of the best crypto bonuses!

Ninja Note: These bonuses are usually paid in crypto, but some do offer a cash bonus which I’ll specifically call out.

This post may contain affiliate links, meaning I get a commission at no cost to you if you decide to make a purchase through my links. Visit this page for more information. The content on this page is accurate as of the posting date; however, some of the offers mentioned may have expired.

Table of Contents show

Best Crypto Bonus Offers

Here’s a list of the best crypto bonuses currently available from reputable companies.

Personally, I’m using all the cryptocurrency exchanges I mention in this post (and took advantage of every free crypto sign-up bonus). In fact, read this post all the way to bottom where I share how I turned $120 in Bitcoin bonuses to over $6,000 today!

I recommend you to sign up for a platform that meets your needs while rewarding you for opening an account. If you’re like me and have already completed all the bonuses mentioned below, here are other ways to get free cryptocurrency.

Let’s take a closer look at all the best crypto bonus offers that you can take advantage of today.

Coinbase – $5 Bitcoin Bonus + Up to $200 Additional Bitcoin Offer

Coinbase is a publicly listed cryptocurrency exchange that’s known for their top-notched security with 100+ cryptocurrencies you can buy and sell on the platform.

New users that join Coinbase will get a $5 Bitcoin bonus after your first purchase of any crypto within 30 days of signing up. You’ll also get an additional bonus between $3 to $200 in the spin-the-wheel event.

And that’s not all. Once you join, Coinbase has up to $167 worth of free crypto they will give you – just for watching videos to learn about crypto and taking a short quizzes afterwards!

Kraken – $10 BTC Bonus

Kraken offers one of the lowest trading fees across all crypto platforms (even compared to Binance.US below). When you use Kraken Pro to trade crypto, you’ll be charged just 0.26% to buy and 0.16% to sell.

New Kraken users can get a $10 BTC bonus when they open an account using my referral link and trade $100 of crypto within 30 days of account opening.

Gemini – $15 Bitcoin Bonus

Gemini is widely considered the most secure cryptocurrency exchange. The company was founded by the Winklevoss twins and supports over 25 cryptocurrencies.

Gemini is offering new users a $15 Bitcoin bonus when they trade at least $100 within 30 days of account opening (use promo code lpnvmesn during sign-up).

Webull – 75 Free Shares of Stock + $5 Free Crypto

Open a Webull account using the link below and you’ll get up to 75 free shares of stock and $5 worth of free crypto (choose between SHIB, DOGE, BTC, ADA, or ETH).

Here’s how to earn the free stocks and free crypto:

  • Open a free Webull account and deposit any amount (even $0.01) to get 6 free shares of stock worth between $3 and $3,000 each.
  • Open an account and make a deposit of $500 or more and get 20 more free shares of stock worth between $3 and $3,000 each.
  • Open an account and deposit at least $25,000 or more and get 75 more free shares of stock worth between $3 and $3,000 each.
  • Activate crypto in your Webull app and get $5 worth of free crypto when you make one crypto trade.
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Nexo – $25 BTC Bonus

Nexo is one of the world’s most popular cryptocurrency platform that allows its customer to earn compound interest on their crypto that’s paid up daily.

It’s also the only blockchain company to provide its services in 40+ fiat currencies and in more than 200 jurisdictions. Their mission is to maximize the value and utility of cryptocurrencies and this translates into $30+ billion processed for 2+ million users across the globe.

For a limited time, Nexo has boosted their normal sign-up promotion from $10 to $25. This gives you an opportunity to get a $25 BTC bonus for depositing $100 in supported crypto assets.

eToro – $10 Bonus

eToro is a multi-asset platform which offers both investing in stocks and cryptocurrency. It’s well-known in Europe, but the company has recently opened its doors to investors in the U.S.

In my review of eToro, I mentioned that one of my favorite features is the free demo account that lets you practice your crypto trading skills with $100,000 of free virtual money.

Right now, you can get a $10 bonus when you open an account and make a $100 deposit. Once you’re an eToro user, you can also refer friends and family and both of you will earn $30!

Cryptocurrency is offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk.

Crypto.com – $25 CRO Bonus

Crypto.com is a low-cost crytocurrency exchange that allows you buy, sell, and earn cryptocurrencies. It’s a highly secured platform that provides two-factor (2F) authentication and FDIC insurance on USD balances, and insurance against theft.

You may have heard of the company recently as Crypto.com recently bought the naming rights to Staples Center – the iconic sports arena home to the Los Angeles Lakers. The 20-year, $700 million dollar deal will rename the venue to Crypto.com Arena.

Join Crypto.com with the referral code xync2fjf6j or click on the link below and you’ll receive $25 once you stake $400 worth of CRO (Crypto.com Coin) in a Crypto.com Visa Debit Card (Ruby Steel version or higher).

bitFlyer – $15 Bitcoin Sign-up Bonus

Based in Tokyo, bitFlyer is one of the largest cryptocurrency exchanges in the world with over 2.5 million users. It’s available across the world including the United States, Europe, and Asia.

New users can get a $15 Bitcoin bonus when they sign up for a new bitFlyer account with promo code e0vrpa14 and trade $100 worth of any crypto within 90 days of account opening.

Phemex – $180 Bonus

Phemex is a crypto derivative exchange known for its crazy promotional offers and bonuses. Every time I check, there are at least four or five promos going on.

New customers can get up to a $180 bonus when they join with Phemex promo code C5E4W4. Earn a bonus by doing things like depositing money into your Phemex account, following the company on social media, and placing a spot trade.

Okcoin – $50 BTC Bonus

Okcoin is a secure cryptocurrency exchange which makes it easy to buy Bitcoin, Ethreum, Dogecoin, and other cryptos. New users who open a free Okcoin account will receive a $50 BTC bonus when they buy $100 or more in crypto within 30 days of account sign-up.

Please note that in November 2023, Okcoin announced that it will be rolled into their parent company, OKX. Promotions have been paused for now until the integration finalizes (forecasted for sometime in 2024).

Bake – $10 DFI Bonus

Bake (formerly Cake Defi) is a platform that allows users to put their crypto to work. You can earn cashflow from lending, staking, and mining your cryptocurrency.

New users that join Bake with referral code 939751 will also get a $10 bonus paid in DFI tokens once they deposit $50 worth of coins and allocate them to Staking or Liquidity Mining for one month.

OKX – $50 USDT Mystery Box Offer

OKX is an international cryptocurrency exchange owned by the Ok Group, which also owns the US exchange Okcoin. Known for low trading fees, it could be a good choice for those outside of the United States.

Join OKX via the links below and receive a free mystery box worth up to $50 USDT in crypto rewards when you buy or deposit $50 or more worth of crypto in a single transaction.

The mystery boxes contains crypto rewards that can be BTC, ETH, DOT, and rebate cards.

Binance.US – Up to $40 Cash Bonus

Binance.us is known to be one of the lowest cost cryptocurrency exchanges, with free Bitcoin and Ether trades and charging only a 0.1% spot trading fee and 0.5% buy/sell crypto fee for other cryptocurrencies.

This is lower than competitors like Coinbase (which charges 0.5% for trading fees plus a flat fee of up to $2.99 per trade) and eToro (about 1% for Bitcoin trades).

Binance.US is offering new users up to a $300 cash bonus when they use referral code MONEYNINJA and buy or trade at least $100 in crypto within the first 30 days of account opening.

Luno – $35 BTC Bonus

Luno (formerly BitX) is an easy-to-use crypto platform that offers Bitcoin and Ethereum trading. It was founded in 2013 with the goal of making it as simple as possible to buy and sell cryptocurrencies.

This worldwide platform just became available in the United States and is offering new users a $35 BTC bonus when they deposit and trade $100 in any crypto. International users will get €25 in free BTC when they deposit and buy €250 in BTC.

Ledn – $10 USDC Bonus

Ledn is a top-tier crypto platform where you can earn up to 9.50% interest on your Bitcoin and USDC holdings.

This platform rarely offers a sign-up bonus offer, but for a limited time, you can get a $10 USDC bonus once you deposit at least $75 in USDC (or 0.0015 in BTC).

Bitstamp – $50 Crypto Bonus

Editor’s Note: Bitstamp has temporarily paused their sign-up bonus and referral program. We will update this section once a new crypto bonus becomes available.

Founded in 2011 with headquarters in London, Bitstamp is a well-established cryptocurrency exchange platform. In fact, it’s the world’s oldest crypto exchange and the first one that’s nationally licensed.

Bitstamp is offering a $50 crypto bonus when you buy and stake Ethereum (ETH) and Algorand (ALGO) for a minimum of 30 days. This offer is valid for new and existing users.

Abra – $40 CPRX Bonus

Editor’s Note: Abra has temporarily paused their sign-up bonus and referral program. We will update this section once a new crypto bonus becomes available.

Founded in 2015, Abra is a crypto exchange and custodial wallet offering services to investors in the U.S. and 150 other countries.

Join Abra with the referral code RCZEHMRXR and you’ll get a $25 bonus after you deposit $15 or more for 30 days.

You can stack this new user offer with another free crypto promo Abra is running where you’ll get an additional $15 bonus for depositing just $1, for a total of $40 in bonuses.

The bonus is paid out in the form of Crypto Perx (CPRX) tokens. Once you receive it, you can sell it for cash or trade it for another cryptocurrency.

The Bottom Line

It’s second nature for me to always sign up for things when there’s a running promotion or if I can find a referral link to use. It’s free money (or free crypto in this instance) that you’d lose out on if you went direct..

A cryptocurrency bonus offer is like a double bonus too. Not only do you get free crypto for signing up, but you can potentially earn more as cryptocurrency rises in value.

I referred 12 classmates to Coinbase during one of my MBA classes a few years ago to earn $120 worth of bitcoins (12 referrals x $10 BTC = $120). I never sold it and just kept it in my Coinbase wallet. Bitcoin was worth about $1,000 back then. Today, that wallet is worth over $6,000!

Best Crypto Bonuses - Coinbase screenshot

You just never know.

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