New user incentives

Below you'll find information about Coinbase's new user incentive offerings. Please read the guidelines carefully as offerings will vary.

Eligible customers may receive either $20 or $100 in USD Coin (USDC) as cash back based on the total trading volume executed through the Coinbase Advanced API during the promotion period (the reward), subject to the terms and conditions below. 

The promotion starts on April 24, 2024 at 4:00 PM (UTC) and ends on May 31, 2024 11:59 PM (UTC) (the promotion period).

Eligibility

To be eligible for the Coinbase Advanced API Promotion and reward, you must meet the following requirements:

  • Only first-time API traders on Coinbase Advanced are eligible to earn a reward under this program.

  • The total trading volume executed by the customer through the Coinbase Advanced API during the promotion period must be at least $100. 

    • If the total trading volume is greater than $100,000, you will be eligible to receive $100 in USDC.

    • If the total trading volume is less than $100,000, you will be eligible to receive $20 in USDC.

Promotion terms and conditions

  • The reward shall be available only while supplies last.

  • The total prize pool amount for the reward is $30,000.

  • The reward will be limited to one (1) payout per customer.

  • The reward will be automatically credited to successful customers’ Coinbase accounts within 21 days of the ending of the promotion period.

  • Coinbase will calculate the total trading volume executed by a customer at its sole discretion.

  • Customers should practice caution while sharing their API keys.

Additional terms and conditions

  • Limited time offer.

  • Coinbase reserves the right to revoke any offer at its sole discretion.

  • Coinbase reserves the right to change the Terms, eligibility criteria, and payouts for all offers at any time, for any reason.

  • Coinbase reserves the right to exclude any participants from this offer. Coinbase employees are not eligible to participate.

  • Coinbase reserves the right to interpret these Terms at its sole discretion.

  • Void where prohibited or if Coinbase determines that the customer is not eligible for the offer.

  • The value of USDC payout is determined by Coinbase at the time of deposit.

  • Your payout may increase or decrease in value after it's deposited into your account as a result of market developments, legal and regulatory developments, or other factors affecting the cryptocurrency industry.

  • This program is subject to and governed by the and the terms included on this page (collectively, the "Terms"). Learn more about .

  • Void where prohibited. Not available in the UK.

The referral program lets you and your friends earn reduced trading fees (“invitee”) who signs up and makes a crypto purchase using your personal signup link.

How to earn reduced trading fees through referrals 

  1. Visit the referrals page on Coinbase.com or go to the Invite Friends tab in the Coinbase mobile app to get your referral link.

  2. Copy and share your referral link in an email, text message or via your favorite messaging app. 

  3. Your friends can open the referral link in the message and sign up for a new Coinbase account. Once your friend becomes trade eligible (i.e. they have verified their identity), their Fee Reduction Window (as defined below) begins within two (2) hours.

  4. Once your friend completes a purchase, you will receive a notification of when your reduced trading fees will begin. Your friend’s purchase must be completed within ninety (90) days of when your friend becomes trade eligible (i.e. they have verified their identity).

Terms and Conditions

  • The invitee must sign up using your unique referral code or referral link. This means they need to create a new Coinbase account directly from your link and have not previously created a Coinbase account.

  • When you invite someone to join Coinbase via a referral code or referral link, that invitee must create an account and use https://www.coinbase.com/trade to make a purchase of any cryptocurrency with fiat currency (a qualifying purchase) in order for you to receive your referral benefit. If your invite purchases cryptocurrency on Coinbase Advanced, Coinbase Pro or Prime Broker, the purchases will not count toward referral eligibility. Further, the Fee Reduction Window benefit you may receive does not apply to trades made on Advanced Trading, Coinbase Pro, or Prime Broker.

  • If an invitee fails to complete a qualifying purchase within the applicable time period, you will not receive your referral benefit. 

  • The limit on the trading fee reduction applied during the Fee Reduction Window is stated on the sign-up landing page. Trading fee limits may apply in local currency. To illustrate how the per trade cap works, if you receive a 50% trading fee discount and the per trade limit is $5, and you want to purchase crypto that would otherwise be accompanied by a $12 trading fee, if you make this trade during your Fee Trading Window your trading fee will be $7 (applying the 50% discount to the original trading fee, your trading fee would be $6 but the limitation on the discount of $5 means you will only receive a $5 trading fee discount). 

  • The percentage of the fee reduction varies and is subject to change without notice. Regardless of percentage of fee reduction, the per trade limit applies.

  • Coinbase includes a spread in the price when you buy or sell cryptocurrencies or in the exchange rate when you convert cryptocurrencies. 

  • We do not apply the reduced trading fees on duplicate or false accounts. We also do not permit stacking of referrals for extended or multiple Fee Reduction Windows. There is a limit of one (1) Fee Reduction Window per referrer regardless of the number of successful referrals from a single referrer.

  • Promoting your referral code through the use of paid advertising based on 'Coinbase' or Coinbase-related keywords is prohibited. This includes, but is not limited to, bidding on or running ads on search based on keywords that include 'Coinbase' or variations thereon. Using 'Coinbase' branded terms in your ad copy is not appropriate. Referrers who engage in such activities will have their referral codes deactivated and all referrals resulting from such activities are ineligible for referral payments. 

  • Coinbase also reserves the right to not apply, or reduce, the Fee Reduction Window to an account, in its sole discretion.

  • Invitees who join Coinbase through your referral code or referral link are not eligible for the Coinbase New User First Buy Spin The Wheel Incentive or Coinbase New User First Trade Promo Code.

  • Limited time offer.

  • If communicating your referral code or referral link via text message, email, or any other communication channel, you can only contact those who have consented to receive such a message from you. Before sending such a message, you attest that the recipient of the message has granted you their consent to receive a Coinbase referral message. Coinbase is relying on this consent, which you have obtained, for the purpose of complying with all applicable laws and regulations in order for you to send message(s) to your consented contact(s). You further agree that you shall indemnify and hold Coinbase harmless against all actions, claims, costs, and/or losses arising from or in connection with sending the referral message to the recipient.

  • Coinbase reserves the right to alter these terms or revoke the referral program partially or entirely, at any time and without notice, including revoking redemption or use of referral codes or referral links.

  • Coinbase also reserves the right to not apply reduced trading fees to an account, in its sole discretion, if Coinbase believes you have failed to comply with the terms and conditions as stated herein.

  • Void where prohibited. Do not send a referral code or referral link to any resident in the United Kingdom.

The Coinbase referral program incentive is subject to and governed by the Coinbase User Agreement and the Additional Terms included on this page (the "Terms").

Eligible US residents (excluding Hawaii) will be presented with an opportunity to spin the wheel of rewards once they successfully create an account and buy their first cryptocurrency.

Coinbase may, from time to time and at its sole discretion, make this reward available to users in other territories, subject to applicable law.


To spin the wheel:

  1. Create a Coinbase account.

  2. Complete your first purchase of cryptocurrency.

  3. Spin the wheel of rewards.

 You’ll receive your reward, in either USD or Bitcoin, in your portfolio shortly.

Additional terms

  • Valid for new Coinbase users who make a cryptocurrency purchase on Coinbase

  • All new users who spin the wheel will randomly receive a reward, in either USD or Bitcoin, determined by Coinbase in its sole discretion, between $3 - $200

    • 89% percent of new users who spin the wheel will receive a reward between $3 - $5 in USD or Bitcoin 

    • 11% percent of new users who spin the wheel will receive a reward between $6 - $200 in USD or Bitcoin 

  • Limited while supplies last or Coinbase revokes this incentive at its sole discretion

  • Coinbase reserves the right to change the terms, eligibility criteria, and payouts for all incentives at any time, for any reason

  • When Coinbase makes this reward available to users outside the US, it may vary the payout amount from those stated above, at its sole discretion

  • The spin the wheel reward offer can't be combined with any other offer or promotional code

  • Void where prohibited or if Coinbase determines that the customer is not eligible for the offer

  • All new user accounts are subject to internal policy reviews

  • Value of reward determined by Coinbase at the time of deposit may differ from the reward displayed after spinning the wheel

  • Your reward may increase or decrease in value after it's deposited into your account as a result of market developments, legal and regulatory developments, or other factors affecting the cryptocurrency industry

The Coinbase New User First Buy Spin The Wheel Incentive is subject to and governed by the Coinbase User Agreement and the Additional Terms included on this page (the "Terms"). If there is any conflict or inconsistency between the Coinbase User Agreement and these Terms, these Terms control. Learn more about geographic eligibility.

How it works

  1. Create an account at coinbase.com.

  2. Within ninety (90) days of creating your account, you must:

  3. Once you create an account and purchase cryptocurrency, you'll receive the amount and type of cryptocurrency corresponding to the promotional code redeemed in your Coinbase balance.

    • The amount and type of cryptocurrency is displayed at the time of sign up and redemption of a valid promotional code.

How do I know this email or social media post about the Coinbase new user incentive is legitimate?

  • Coinbase will never ask you to send funds

  • Coinbase emails will always come from no-reply@coinbase.com or mail@coinbase.com

  • Check the URL to make sure it directs you to coinbase.com

If you encounter any scams or phishing, please report them to security@coinbase.com.

Additional terms

  • Valid for new Coinbase users who have not previously created an account.

  • Not available to new users who were referred to Coinbase from the Coinbase Referral Program or to users who have preexisting Coinbase accounts using a different email address.

  • Cannot be combined with the Coinbase New User First Buy Spin The Wheel Incentive

  • Purchases and trades of cryptocurrency on Coinbase Advanced,
    Coinbase Pro, or Prime Broker are not eligible.

  • Limited time offer.

  • Coinbase reserves the right to revoke any offer at its sole discretion

  • Coinbase reserves the right to change the terms, eligibility criteria, and payouts for all offers at any time, for any reason.

  • Void where prohibited or if Coinbase determines that the customer is not eligible for the offer.

  • Value of cryptocurrency reward determined by Coinbase at the time of deposit.

  • Your reward may increase or decrease in value after it's deposited into your account as a result of market developments, legal and regulatory developments, or other factors affecting the cryptocurrency industry.

  • All new user accounts are subject to internal policy reviews, and upon such review, Coinbase reserves the right to withhold the incentive payout for any reason, at its sole discretion.

The Coinbase new user first trade promo code incentive is subject to and governed by the Coinbase User Agreement and the Additional Terms included on this page (the "Terms").