If you are interested in learning more about cryptocurrency or buying and selling it, finding a trustworthy and legitimate exchange service to safely look after your investments is essential.
Coinbase was founded in 2011 and launched soon after. It is now one of the largest and most respected cryptocurrency exchange platforms on the US market, thanks to its simplicity. The Coinbase app makes buying and selling easy for newcomers to crypto by offering straightforward options.
Coinbase offers a quick and easy way for people to enter the world of crypto, and when you use our Coinbase referral codes, you will be able to enjoy benefits like free bitcoin.
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Use Our Coinbase Referral Code For Big Savings
When you sign up for Coinbase using our exclusive referral codes, you will be able to enjoy incredible benefits and savings. Whether you are new to cryptocurrency and want to learn more about buying and selling or are an experienced trader that wants to explore your options, Coinbase offers a simple platform that is easy to use.
As well as benefitting from using a Coinbase referral code yourself, we will let you know how to use referral codes that will help your friends and family and earn you even more free crypto.
What Will A Referral Code Get You?
Using referral codes is easy, and you will be able to select from two different codes to access free crypto and dollars as your referral rewards.
When you sign up to Coinbase using the bitcoin bonus, you will be able to choose whether you want $12 in free bitcoin after your transactions of either buying or selling cryptocurrency hits $120. Alternatively, you will be able to earn $5 in free bitcoin by signing up for your Coinbase account and connecting it to your bank account.
Sharing referral codes with friends and family can also be a great way to earn free Bitcoin. You will be able to make $12 in free Bitcoin when you share your code and people sign up, or you can opt for 50% of the trading fees from the person joining when you explore the affiliate scheme. If you know the person is serious and wants to start trading straight away, this can be a great way to earn.
How To Sign Up For Coinbase And Use A Referral Code
It could not be easier to use a referral code and sign up for Coinbase. All you have to do is choose from our codes and click on them to be taken through to the dedicated sign-up for your selected offer.
It should take around 20 minutes to sign up to Coinbase and verify your ID. The ID required for a new Coinbase account is:
- Within the US – Driver License, ID Card, or other state-issued ID.
- Outwith the US – Passport, National Identity Cards, Government Issue Identification
Coinbase does not accept the following ID documents:
- School, Military, Temporary, Medical IDs
- US Passport
- US Green Card (Permanent Resident Card)
- Permit of Residence
- Public Services Card
Now that you know the documents needed, follow these simple steps to create your Coinbase account.
Carefully read the different referral links to find the one you would like to use. Different options will suit different people, so you must read the rewards offered and the terms to get the best deal possible.
You will be directed to the sign-up process for your chosen offer. At this stage, you will need to input your name, email, password, and state that you live in. This information needs to be accurate to pass the Coinbase verification process that will follow.
You will then have an opportunity to read the Coinbase Privacy Policy and User Agreement. Always check these carefully before signing up for anything. If you are happy to proceed after reading these, you will be able to check the relevant boxes and continue. If you are using a desktop or laptop, you should click on “Create Account.” If you are using a mobile or tablet, click on “Sign Up.”
You will now have to verify your email. Check your inbox for the verification email, allow a few minutes for this to come through, and check your spam folder if you still don’t see it. The verification email will contain a link for you to confirm your email, and this will then direct you back to the Coinbase site for you to complete your account sign-up.
The next step will let you verify your phone number, and you will be able to select your country of residence and add your number. After doing this, you can click on the button that says “Send Code” when using a computer or click on “Continue” if you are using a mobile device. You will receive a seven-digit long code that you must enter to continue. If you do not receive the message with the code, click on the “Resend-SMS” button.
The next stage requires you to input your personal information, including your full name, birth date, and address.
You will also have to answer the questions about the following before you can continue:
- What you plan to use Coinbase for
- Where your current source of funding comes from
- Your current occupation
- Your current employer
- The last 4 SSN digits
When you click on “Continue,” this stage of the application process has been completed, and only the verification process remains.
The verification process helps prevent fraud on your account and allows Coinbase to comply with financial regulations. All ID documents are verified through the Coinbase app or website, and emailed copies are not accepted.
The ID verification process only takes a couple of minutes. You will be able to select the verification document you want to upload by clicking on either “Drivers Licence” or “State Issued ID.”
After choosing your ID type, select the method you want to upload from – webcam, mobile camera, or file upload. The mobile camera upload is recommended, and when you choose this, a text message with a verified link will be sent to your mobile. You will then be prompted to take a photo of the front and back of your ID.
After the ID has been verified, you will receive an email confirmation. In order to take a good photo of the ID and avoid the verification process failing, follow these tips:
- Ensure your ID is valid
- Ensure the complete ID is visible and in focus
- Ensure the complete ID is in the frame
- Ensure your picture is well lit
- Avoid glare
- Sit the ID on a plain background
What’s The Difference Between a Coinbase Referral Link And The Affiliate Program?
The main differences between the Coinbase referral scheme and affiliate program are how you would pass on the link and the reward for successful sign-ups and active users.
The Coinbase referral program is perfect for friends and family; it is quick and easy to get your referral code, and you will be able to pass this to as many friends as you like.
You and the person you invite through the scheme can earn a Coinbase referral bonus of up to $12 in free Bitcoin. The person you invite would need to sign up and buy or sell cryptocurrency to the value of $100 or over within an allotted timescale.
The Coinbase Affiliate Program lets you entice new customers to sign up and receive $5 in free Bitcoin, while you would earn 50% of their trading fees for the first three months.
There are some prerequisites for becoming an affiliate. You will need to be a content maker, influencer, media person, or have an active site or blog relevant to the field and with regular visitors.
How To Join The Coinbase Affiliate Program
When you are a Coinbase Affiliate, you will receive tracking tools and promotional assets to help you reach and track the right people. In return, you will be able to use the links provided in articles, ads, or content on your site or social platforms and earn a commission for successful sign-ups.
You would be paid electronically in your own currency, receiving 50% of the trading fees for your successful referees.
To sign up, you will need to enter the following information:
- Name
- Username
- Password
- Account display name
- The website you would use to promote Coinbase
- Country
- Address
- Phone number
- Currency
- Timezone
You will then need to input more information about how you plan to promote, including what kind of partner type you would be from the following choices;
- SEM (Search Engine Marketing)
- Loyalty/Rewards
- Coupon/Deals
- Syndication/Blog Networks
- CPA/Sub-Affiliate Networks
- Mobile
- Content
- Shopping/Comparison
- Social Media/Influencer
- Service Provider/Tools
- Consumer Software/Technology
- Incentivized
- Offline
- Other
You would then select your property type or types from websites, mobile, and social networks. The Coinbase team would then review your application before notifying you of their decision.
How To Get Your Own Referral Code
Referring a friend is quick and easy. All you need to do is visit the dedicated referrals page to join the Coinbase referral program and find your referral link. You will then be able to copy the link and send it to the person you want to invite via email, text, or messaging app.
The person who receives the link can click on it and follow the previously provided steps to sign up for a new Coinbase account. When the account is set up, they will have 180 days to buy or sell $100 or more of cryptocurrency.
More About Coinbase
As well as offering a great referral and affiliate reward scheme, Coinbase has built a solid reputation as one of the safest and best places to buy and sell cryptocurrency. As well as being perfect for beginners thanks to its simplicity, there is also the option to sign up for Coinbase Pro for more in-depth analysis and opportunities.
Trading fees
Coinbase has a set fee structure for all transactions. You will also have a charge of 1.49% for buys and sells and 3.99% when you use a debit card rather than a linked bank account. Transaction fees are based on the total amount value.
- For transactions of $10 and below, you will be charged a fee of $0.99.
- Transactions between $10.01 and $25, a charge of $1.49 will be added.
- Transactions between $25.01 and $50 a charge of $1.99 will be added.
- Transactions between $50.01 and $200 a charge of $2.99 will be added.
Coinbase Pro will offer lower fees geared towards active users who frequently carry out transactions.
Order types
One of the major appeals to Coinbase customers is how straightforward the platform is. You will be able to buy, sell, and convert different cryptocurrencies. For more in-depth options, you might want to explore the Coinbase Pro account’s possibilities.
Which coins can you trade?
US traders will have an exceptional and diverse choice of cryptocurrency to buy and sell. The coins available to trade for US Coinbase customers include:
- 1INCH
- AAVE
- ADA
- ALGO
- ANKR
- ATOM
- BAL
- BAND
- BAT
- BCH
- BNT
- BSV
- BTC
- CGLD
- CHZ
- COMP
- CRV
- CTSI
- CVC
- DAI
- DASH
- DNT
- DOGE
- DOT
- ENJ
- EOS
- ETC
- ETH
- FORTH
- FIL
- GRT
- ICP
- KEEP
- KNC
- LINK
- LRC
- LTC
- MANA
- MATIC
- MIR
- MKR
- NMR
- NKN
- NU
- OGN
- OMG
- OXT
- REN
- REP
- RLC
- SUSHI
- SKL
- SNX
- SOL
- STORJ
- TRB
- USDC
- USDT
- UMA
- UNI
- WBTC
- XLM
- XRP
- XTZ
- YFI
- ZEC
- ZRX
Coinbase Pro has a more extensive list, with more pairs of cryptocurrencies you will be able to trade between.
Coinbase regularly adds more coins, so it is worth keeping an eye on the site or app to see if any viable investment opportunities interest you.
Security measures
Coinbase is one of the safest online exchanges, but there is still a minimal risk accounts can be hacked. The company itself has never been breached or hacked, and because 98% of its assets are held in cold storage offline, they can’t be accessed by cybercriminals.
Payment methods
You will be able to pay for different Coinbase services using other methods. However, some payment methods can only be used on specific services and can take longer to process.
Linking a bank account will allow you to buy, sell, deposit, and withdraw, usually in around four to five business days. This method is recommended for small and large investments.
Debit cards are great for withdrawals and smaller investments, are instant and can be used to buy or withdraw. Unfortunately, you can’t sell or deposit using this method.
Wire transfers are recommended for large investments and usually take between one and three business days to process. You will be able to withdraw and deposit using this method.
You will also be able to use PayPal to buy, deposit, and withdraw. This method is instant and is recommended for smaller investments and withdrawals.
Supported countries
Coinbase is available in over 100 countries across six continents, including:
- North America: Aruba, Bahamas, Barbados, Bermuda, Canada, Costa Rica, Curacao, Dominican Republic, El Salvador, Guatemala, Honduras, Jamaica, Mexico, Nicaragua, Panama, Trinidad and Tobago, United States, and the British Virgin Isles.
- South America: Argentina, Brazil, Chile, Colombia, Ecuador, Paraguay, Peru, and Uruguay.
- Europe: Andorra, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Gibraltar, Greece, Guernsey, Hungary, Iceland, Ireland, Isle of Man, Italy, Jersey, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Monaco, Montenegro, Norway, Poland, Portugal, Romania, San Marino, Serbia, Slovakia, Slovenia, Spain, Sweden, Switzerland, United Kingdom.
- Asia: Armenia, Bahrain, Brunei Darussalam, Hong Kong, India, Indonesia, Japan, Jordan, Kazakhstan, Kuwait, Kyrgyzstan, Macao, Maldives, Mongolia, Nepal, Oman, Philippines, Singapore, Taiwan, Turkey, Uzbekistan.
- Oceania: New Zealand.
- Africa: Angola, Benin, Botswana, Cameroon, Ghana, Kenya, Mauritius, Namibia, Rwanda, South Africa, Tunisia, Uganda, Zambia.
Final Thoughts
Coinbase is a great platform to use, thanks to its impressive security record and easy-to-use features. In addition, it offers an excellent app for mobile devices so you can monitor and trade on the move.
Because of these reasons, it is perfect for people that are new to cryptocurrency and are still trying to find their feet in the field.
You might find better rates on other platforms or deals that provide more significant rewards by shopping around. However, the benefits of Coinbase generally outweigh the slightly more expensive Coinbase fees.
FAQs
Is Coinbase a good trading platform?
As the largest cryptocurrency exchange in the US, it is widely recognized as one of the market’s best platforms. Although it is relatively expensive in terms of fees, it does offer a high level of security and an excellent choice of cryptocurrencies.
Ideal for starters with low minimums, your cryptocurrency is also protected by insurance should the site be breached. It makes trading convenient, and you can easily convert to other cryptocurrencies.
Should I sign up for the Coinbase referral program or the affiliate scheme?
In order to determine the best option for you, checking through the benefits and terms of each is recommended.
If you have a strong online presence, whether via social media or by having a successful site or blog, the affiliate scheme may be the better option. With marketing tools at your disposal, you will be able to find the best ways to promote Coinbase to your followers and readers and convert visitors into sales.
If you only plan to recommend to family and friends, the referral scheme will benefit you both with a sign-up bonus available to enjoy free dollars and bitcoin.
Where can I find the best Coinbase referral code?
Here at CouponNinja, we not only provide our customers with an extensive range of promo codes for thousands of online stores and businesses, but we also carry a vast range of referral codes to help you save money on currency exchange platforms.
We carry all Coinbase referral codes, and should they update or launch any other options, we will add them to our site. In addition, we regularly update our offers to remove out-of-date or older deals and make sure our customers enjoy the latest discounts.
How many people can use my Coinbase referral code?
At present, the number of friends that can use your Coinbase referral code is unlimited. However, the link will only work for people in countries that are supported, and the user will have 90 days to sign up for an account and 180 days to buy or sell $100 for the free bitcoin promotion.
You can’t use your referral link on paid advertising, and Coinbase reserves the right to rescind any offers should fraud or duplicate accounts be suspected.
Can I earn free cryptocurrency?
You will be able to earn free cryptocurrency rebates when you sign up for the Coinbase Earn program. Coinbase provides quizzes and videos for users to learn more about specific cryptocurrencies, and you can earn some of the currency you learned about for every quiz completed.
Coinbase Earn is regularly updated with fresh opportunities for customers to learn and earn, so it is worth keeping an eye on it.
You can also earn free cryptocurrency through the Coinbase Staking program. This is where you can make interest on specific coins that you hold.
Both programs are free and are a fantastic way to earn cryptocurrency that helps build your crypto portfolio.
What is a Cryptocurrency Wallet?
A cryptocurrency wallet is a way to store your private passwords or keys that allow access to your cryptocurrencies. This can be a device, service, program, or physical medium like USB sticks.
The Coinbase Wallet lets you store your keys, crypto, and NFTs and helps to protect digital assets with state-of-the-art, industry-leading security.
Unlike traditional money that you can withdraw as cash or hold and transfer from your bank, cryptocurrency stays on a blockchain. Your proof of ownership is in your private key and is the only way to access it. Losing a physical hardware wallet or access to your online wallet means you will lose access to and ownership of your cryptocurrency.
The main type of wallets available are:
- Paper Wallets: A paper wallet is when your key is written or printed and stored. Using crypto will rely on you accessing this and going online.
- Hardware Wallets: USB sticks and thumb drives offer the security of taking your keys offline and physically storing them, with the convenience of being able to plug in and use them efficiently.
- Online Wallets: Online wallets store your keys on software or apps and feature two-step encryption for your protection. It allows you to send, receive, and use crypto as you would money using an online banking system.
The Coinbase Wallet is a different app to the main Coinbase App. It lets you store your keys securely, you can send, spend, and receive crypto, use Defi apps, and is not dependent on having a Coinbase account.
What is the Coinbase Card?
The Coinbase card is a Visa debit card that allows you to use your cryptocurrency like you would the money in your bank.
It can be used in millions of locations worldwide and offers contactless payment and cash withdrawals from ATMs.
The Coinbase card is only available for those living in the US, excluding Hawaii. You will need to complete the ID verification process for both Coinbase and the participating bank partner and agree to the Coinbase Card Legal Terms.
You will be able to apply through the “Pay” tab on the app and select “Apply Now.” If you are successful, you can use the card information available on your account to start using it immediately. The physical card will be mailed to you, and you should receive it within ten business days.
Coinbase Cards also offer rewards for using them with 1.5% back on your spending in Bitcoin, as well as other benefits like 0.25% in Bitcoin on your platform trades.