Crypto bonuses

[Silverstonez]

Any sites offering bonous for depositing crypto? I already know the major exchanges do just wondering if there are some flying under the radar.

i didn't even know exchanges gives  bonuses for depositing on their platform, I'm not talking about their worthless tokens as bonus but valuable crypto like BTC. The only platforms I knew do this are casinos and they have their requirements before you can get the bonus. Be careful of free things especially in this space. Why need bonuses when you can trade and make money yourself beside bonuses always have their catches to it. You can as well hodl your coins and gain through price appreciation than having to deposit them on CEX that they use your coins for revenues generation and give you peanuts as bonus for holding your coins on their platforms. Better you take the risk to trade yourself the market then keep 100% of the profits than to settle for peanuts  from the exchange  or platforms be it in reward or bonus.

Exchanges that are new to the industry do offer bonuses to attract customers, but they don’t give alway valuable crypto assets like bitcoin and others they only offer USDT. I have personally received a welcome bonus from MEXC exchange when I made my first deposit, but the bonus came with a condition. According to them, I can only use the bonus to trade in futures trading and the bonus amount was around $8. It’s obvious that op is a bonus hurter which is not a bad thing, but he should mindful of that

[Awaklara]

It’s obvious that op is a bonus hurter which is not a bad thing, but he should mindful of that

I am actually not worried about the terms for using that welcome bonus. But I am concerned if the OP is hunting for bonuses offered by new exchanges, there is a possibility that they will encounter scam exchanges. Be careful with deposits and KYC data that might be requested by the exchange. I often encounter those who hunt for welcome bonuses on gambling platforms, but very rarely for a trader.

[Jaweria parveen]

I am actually not worried about the terms for using that welcome bonus. But I am concerned if the OP is hunting for bonuses offered by new exchanges, there is a possibility that they will encounter scam exchanges. Be careful with deposits and KYC data that might be requested by the exchange. I often encounter those who hunt for welcome bonuses on gambling platforms, but very rarely for a trader.

Human nature is always becoming greedy and such bonuses are actually frauds because every time a bonus is given to an exchange, it will be free and everyone will want that it is a free run and they should get it and that is why they get cheated and lose their real money. Bonuses have always been greedy, even if you lose all your money and the bonus is gone, people are happy with it. Crypto bonuses are quite rare but you are getting it from somewhere and your money is okay and yes, avoid KYC because in the past, KYC was a good thing but now things can be done without it. Although those who avoid such bonuses save themselves and avoid pressure, wasting your money and hard work for a few dollars is foolish.

[cryptoaddictchie]

Even some well-reputed exchanges do this. I also sometimes get such notifications: deposit funds to get bonuses.
And I have noticed that when users deposit funds on their exchange platforms, what these services give back to them in the form of bonuses is only their shit vouchers, not any real-time crypto amount (according to my experience). These bonus vouchers can only be used to save on trading fees if you are the one who trades more often or on a regular basis. Now, I try my best to ignore such notifications whenever I receive them.

This is actually favor users who indeed do the trading frequently or able to use some of the features of that exchange. Im usually got offers from Binance and Kucoin notifications as always,  thats right they offer only voucher bonuses thats very helpful if youre that active but for some users it wouldnt be since they will be force to do some task like example trading above $500 or $1000 but for users who do this just casually claimed it.

In my opinion this is quite helpful too if youre a user whose active saving a lot of fees and useless for none frequent users.

[snowpega]

This is actually favor users who indeed do the trading frequently or able to use some of the features of that exchange. Im usually got offers from Binance and Kucoin notifications as always,  thats right they offer only voucher bonuses thats very helpful if youre that active but for some users it wouldnt be since they will be force to do some task like example trading above $500 or $1000 but for users who do this just casually claimed it.

In my opinion this is quite helpful too if youre a user whose active saving a lot of fees and useless for none frequent users.

No doubt these offers or vouchers can be helpful for those who are more active in the trading space, just like you. By the way, do you do spot trading or futures trading? Just a casual question: if you are comfortable telling me, then you can tell me; otherwise, you can ignore it. Asking because, first of all, I am the kind of person who avoids trading more, and in case I am taking any trade, then I take it in the spot section for many personal reasons. I am also the kind of person who never took even a single trade in future seection since the day i am in crypto space. So, haha, for users like me, such offers or vouchers are really worth nothing.

Aside from this, you may have also noticed one thing: those users who register a new account on exchange services also give them vouchers for free so that users can bring good capital for trading purposes on their platforms.

Lastly, obviously yes. Only if you are the kind of person who trades more. Otherwise, as said, these are worth nothing.

[cryptoaddictchie]

~snipped
for users like me, such offers or vouchers are really worth nothing.

Yes doing spot and future trading and these vouchers in my opinion arent shitty vouchers but rather important and truly helpful maybe to those who take advantage of the less fees. Ive already sense that it worth nothing for you, based on your reaction but I need to stand that its helpful besides why a business like cex would give something free at all. They profited on trading fees but for frequent users these fees are really matters.

Aside from this, you may have also noticed one thing: those users who register a new account on exchange services also give them vouchers for free so that users can bring good capital for trading purposes on their platforms.

That part is obviously a marketing approach to lure more users. Its a standard practice anyway and almost all of them have the same bonus and terms.

[AYOBA]

Any sites offering bonous for depositing crypto? I already know the major exchanges do just wondering if there are some flying under the radar.

I don’t think there’s any sites offering a bonus for depositing in crypto. The only thing that is common in some exchanges is when they will ask you to trade some of amount of dollar they will offer you some bonus, especially exchange like the Binance they do offer it commonly there they will only ask you to do some task and after a while they will be reward with USDT that’s only thing i know.

But for offering a bonus just for the despot of crypto there’s not any exchanges that is doing such things, and even  if there’s it maybe it was before old exchanges or the new exchanges that has been lunched recently, because there’s some of the new exchanges that they lunches and be looking for a customers.

[WatChe]

Exactly. They are advertised in a way that those who do not know will think the bonus benefits the user, but in reality, it benefits the exchange. It is just a way to encourage the user to trade on their exchange.
I don't care about bonuses at all. A friend of mine took part in a referral program where they were promised USDT. He did the contest and was given the USDT, but he couldn't withdraw because he could only trade with it or use it for fees.
I have registered on a lot of exchanges, but I never bothered with the bonuses of any of them because it's a waste of time.

Usually such bonuses are given after you give some monetary benefit to exchange like you deposit some money or use your money on CEX. This is why I said earlier that these bonuses are designed solely for the benefit of CEX and as user we must be careful when we see any lucrative offer of bonus on exchange. The reason why bonuses keep pooping up on CEX is because through such schemes the CEX are able to generate huge revenue for themselves without giving anything to end user.

[CryptopreneurBrainboss]

Exchanges that are new to the industry do offer bonuses to attract customers, but they don’t give alway valuable crypto assets like bitcoin and others they only offer USDT. I have personally received a welcome bonus from MEXC exchange when I made my first deposit, but the bonus came with a condition. According to them, I can only use the bonus to trade in futures trading and the bonus amount was around $8. It’s obvious that op is a bonus hurter which is not a bad thing, but he should mindful of that

It's actually a bad thing, be mindful of free money always because they' always have a condition to them even when you're allowed to withdraw without meeting any condition.

E.g remember how you feel when someone gift you something, you automatically feel in debted to them and we pay that debt by being loyal to them without considering how we're being treated or if there are better offers out there that's how this platforms works too.

If you want to be a free man then avoid free things, I haven't use that exchange so had no clue they do that but they're just trying to get you into future trading with that condition so they can make more profits form you so basically the bonuses aren't free either. Did some digging too and remembered some exchanges give out other tokens as bonuses when they're marketing the token for new listing either through deposit or trading bonus too so yeah exchanges do more of token bonuses.

[jossiel]

It's actually a bad thing, be mindful of free money always because they' always have a condition to them even when you're allowed to withdraw without meeting any condition.

E.g remember how you feel when someone gift you something, you automatically feel in debted to them and we pay that debt by being loyal to them without considering how we're being treated or if there are better offers out there that's how this platforms works too.

That is exactly the feeling when we receive free things. But for these exchanges, there's no free thing for them. Every thing has its cost and there's a return for them.

Remember that they're a business after all and every good thing that they are about to give us always have that reciprocity.

A marketing gimmick, we often see them to do that because it is how it works for them.

[Mpamaegbu]

Any sites offering bonous for depositing crypto? I already know the major exchanges do just wondering if there are some flying under the radar.

You know that major exchanges do entice users with bonuses but you aren't satisfied with them? You want to try unpopular ones? Sometimes, we're the architect of scam happening to us. It's not in all cases that curiosity pays. Sometimes, it pays to overlook. Like they say, curiosity kills the cat. You're setting yourself up for something you may not like when it comes by looking for freebies across exchanges and not minding the trust ratings of those exchanges. What will it benefit you if you're lured in by bonuses but can't make withdrawal after you've deposited? Have you ever thought of that?

[KingsDen]

Even some well-reputed exchanges do this. I also sometimes get such notifications: deposit funds to get bonuses.
And I have noticed that when users deposit funds on their exchange platforms, what these services give back to them in the form of bonuses is only their shit vouchers, not any real-time crypto amount (according to my experience). These bonus vouchers can only be used to save on trading fees if you are the one who trades more often or on a regular basis. Now, I try my best to ignore such notifications whenever I receive them.

Aside from this, some exchanges also offer ways to earn money. But this thing is totally separate. You can earn using their affiliate programs. DYOR!

For countless times Binance and bybit have made such offers to me. They will say, partake in the $10,000 pool by refering someone or by trading a particular pair. They even say I should just click and claim a particular reward but I never bothered to click any of them. I don't remember why I am uninterested in their offers, not that I am so rich, but I have this contentment.

Besides, I have always been conscious of the statement "Nothing is free". Anything given to you for free, you must surely pay in one way or the other or you had already paid in the past. This is why I don't chase free things. Also, while new in this industry, I had learnt that people were lured and scammed for chasing free things and connecting their wallets.

[The Cryptovator]

I have been using a couple of centralised exchanges, but I can’t remember if they offer any deposit bonuses. Because reputed exchanges don’t offer much, especially regarding deposit bonuses. I can see exchanges offer something like trading competition or for some other task.

Rather than security as an issue. Most of the scam exchanges or any other crypto platform offer deposit bonuses and then start many dramas. For me, I am even very careful; whoever offers free money, they might scam us. Unless tested by many people, I won’t trust them. So very careful.

[snowpega]

For countless times Binance and bybit have made such offers to me. They will say, partake in the $10,000 pool by refering someone or by trading a particular pair. They even say I should just click and claim a particular reward but I never bothered to click any of them. I don't remember why I am uninterested in their offers, not that I am so rich, but I have this contentment.

This is kind of me, haha. Bro, I don't know how active you are in the trading space, but honestly, such vouchers and offers are really worth nothing to me. I trade only in the spot section, very little. Very little means very little, haha. And, by this, you can have an idea yourself why I ignore such offers from CeX, mate. By the way, if you don't mind, may I ask you how active you are in the trading space?

Besides, I have always been conscious of the statement "Nothing is free". Anything given to you for free, you must surely pay in one way or the other or you had already paid in the past. This is why I don't chase free things. Also, while new in this industry, I had learnt that people were lured and scammed for chasing free things and connecting their wallets.

For a while, if we just stick to this, "nothing is free". In this case, we need to understand that whatever vouchers and offers the CeX platform is offering feel free, but they are really not. Let me tell you how. When you are trading with a small amount of capital, you will pay a lower fee, and when you are trading with large capital, you will pay a larger fee. So when exchanges ask you to trade any pair worth 10k or 5k in USDT, it means they are trapping you by offering vouchers and offers to bring money onto their platforms, haha. This is called a marketing strategy and in all of this, one still has to pay a fee, no matter may be little off due to vouchers.

Aside from this, mate, there is no cure for greediness; those who connect their wallet at random places to claim free money, the majority of them have to face the consequences accordingly. Isn't this true?

[Abu-Naim]

I have been using a couple of centralised exchanges, but I can’t remember if they offer any deposit bonuses. Because reputed exchanges don’t offer much, especially regarding deposit bonuses. I can see exchanges offer something like trading competition or for some other task.

Rather than security as an issue. Most of the scam exchanges or any other crypto platform offer deposit bonuses and then start many dramas. For me, I am even very careful; whoever offers free money, they might scam us. Unless tested by many people, I won’t trust them. So very careful.

Same here, I have used so many centralized exchanges, none of them is offering free money just for deposit, most of these platforms that offers bonuses after the first deposits are gambling platforms, they give some percentage or even double deposits to encourage gamblers to use their platform, I haven’t seen that from any of the exchanges I used also, maybe it is because I was using reputable exchanges and maybe there will be some exchanges that will be created just for trading futures, they can offer to add some money to new users to encourage them, but the exchanges might not have enough liquidity always, so using them for futures can be beneficial and can also be risky especially when withdrawing your money after making profits. Let’s be careful. Any platform that offers bonus can be a scam platform.

[PERtua]

Something to check is the real worth of a bonus after fulfilling all the requirements. A $50 trading credit does NOT equal withdrawable BTC of $50. The actual benefit may be diminished due to minimum volume and minimum withdrawal requirements, trading fees and deposit requirements. I would compare the total cost of the qualification with the sum of money that I could draw from before I put anything in. If it's only a profit if I take more risks with the trade, then I shouldn't pursue it for a bonus.