7 Platforms Offering’ Free Crypto Money’ in October 2022
Crypto offers have increased recently. Here are some of them.
An In-depth Look Into Crypto Offers
Crypto cash backs are given after processes involving money spending. Platforms refund a certain amount of money spent on their infrastructure or the platform itself. On the other hand, giveaways can be defined as reward systems that various platforms set up for their customers.
This year’s crypto market has been mayhem, with the market cap dropping from $3 trillion to even below $1 trillion. There have also been a series of crypto projects that have gone bankrupt and, as a result, led to financial losses for investors. Crypto bonuses, cash backs, and giveaways are handy for crypto platforms and their customers. Crypto platforms can attract more users and keep them in the long term. As for the customers, it is a good way to accumulate more crypto over time.
These giveaways and cash backs can be very rewarding for different types of crypto enthusiasts. For instance, those who are just starting in the cryptocurrency world but are not ready to jump into the market or those who strongly believe in its potential for growth and profitability.
Even though they are issued in small amounts, they could grow exponentially with the right investment strategies. In addition, they help maintain wholesome portfolios by hedging against market fluctuations.
Summary of the ‘Free Funds’ Offered by the Platforms
| Platform | Offer | How it Works |
| Binance | Binance Gift Card Referral Program up to 12th December Sign up for Bonus referral code 2022P2P Zero Maker Fees valid till November Welcome Rewards up to $100Binance customized gift cards | Binance is the largest crypto exchange by trading volume as it offers a wide variety of features and trading options for its customers. Through this, it is able to collect high revenue, which makes it possible for it to organize frequent and high-value giveaways, rewards, and cash backs. Binance is offering welcome rewards for new customers of up to $100 and also a signup bonus referral code when a friend signs up through your link. The platform also offers weekly competitions and other seasonal rewards. Binance gift cards also come loaded with benefits, from referral programs to customization features, whereby the reward amount varies based on the length of time the owner has the account. |
| Fold App | SpinDaily wheel1 extra daily spin Spin wheel to earn rewards on qualifying purchaseSpin squad referral- earn 1 to 50 sats Spin+Daily wheel5% back on Amazon gift cards Earn up to a full bitcoin every time Spin squad referral- earn 1 to 50 sats3 extra daily spins Spin wheel to earn rewards on qualifying purchase1% Flat Rate Back option | Fold is one of the best platforms to earn bitcoin back on everything you do. With the Fold Visa debit card, users can make purchases and earn bitcoin on regular transactions. They can also buy gift cards through the Fold Store. The application has two versions, one is free (Spin) and the other one requires an annual subscription of $100 or a monthly subscription of $10 (spin +). The two different versions provide their members with different advantages. The platform is quite easy to use and all users need to do is register and adhere to the instructions dictated to receive the rewards. |
| Paypal | Cash back to crypto with a Venmo credit card under zero fees Up to $100 on Referrals PayPal Mastercard cashback- 3% cash back on PayPal purchases and 2% on other purchases | After you have connected your PayPal account and your Venmo card, you can easily purchase cryptocurrencies of your choice using the accumulated amount on a monthly basis with no fees. Paypal also has a referral program whereby you can earn up to $100 by referring friends. Once, you refer a friend and they use or spend $5, then both of you receive $10. Notably, you can refer up to 10 friends, hence earning $100. The platform also offers 3% cash back for all trades done using Mastercard through PayPal. It also offers 2% off for purchases done elsewhere. |
| Crypto.com | 5% cash back on spending with Crypto.com Visa Card $25 giveaway in the referral program Up to 8% cash back in CRO for everyday use | Crypto.com is a prominent cryptocurrency exchange that supports a wide range of digital assets. Its customers can sell, trade, and buy these assets and enjoy relatively low trading fees. The platform offers several cash-back offers such as the 5% cash back on spending with the platform’s Visa Card, depending on the card tier. It also offers a referral bonus of $25 when you refer your friends. |
| Venmo | Earn up to 3% cash back on purchases in your eligible top-spend category, Up to 2% on purchases in your second eligible top spend category, and 1% on other eligible purchases Up to $100 in referral bonuses$10 sign up offer through referral | Venmo is also a platform that offers crypto giveaways and cash back. It offers up to 3% cash back on purchases in your eligible top spend category, up to 2% on purchases in your second eligible top spend category, and 1% on other eligible purchases.It also offers up to $100 in referral bonuses while referrers can earn up to 10 referral bonuses each at $10. In addition, new users who join the platform receive $10 when they sign up through a referral link. |
| BlockFi | Earn 1.5% back in crypto on every purchase with the BlockFi Rewards Visa Signature Card Get up to 10% back at thousands of brands and restaurants2% back after $30K of annual spend 0.25% on eligible crypto purchases and trades Blockfi1000 New User Promo – earn up to BTC $1,000$10 referral bonus and an extra $30 if you have the BlockFi Rewards Credit Card Zero foreign transaction fees for Visa Cardholders $250 Bitcoin Bonus for new accounts annual fee for Visa credit cardholders | BlockFi sets itself apart from other providers by pairing its institutional-quality benefits with competitive rates. It also offers a wide variety of cash backs and giveaways. BlockFi allows users to earn 1.5% back on crypto through its BlockFi Rewards Visa Signature Card on every purchase. It also has a $10 referral bonus and an extra $30 for cardholders. The platform also has a new user promo, blockfi1000, where new users can earn up to $1000 in BTC. In addition, there is a $25 Bitcoin bonus on new accounts with rewards given in tiers. |
| Gemini | 3% back on credit card purchases 3% back on dining (up to $6,000 in annual spend, then 1%), 2% on groceries, 1% on other purchases. Spend $1,500 following card activation in your first month and unlock a limited edition animated NFT$5 in BTC after onboarding.$10 referral bonus | Gemini is another crypto platform that is offering cash back and crypto giveaways. The platform is offering a 3% back on credit card purchases – 3% back on dining (up to $6,000 in annual spend, then 1%), 2% on groceries, and 1% on other purchases. In addition, users who spend $1,500 following card activation in their first month unlock a limited edition animated NFT. Gemini also offers $5 in BTC after onboarding new users on the platform. |
Seven Platforms With Crypto Giveaways and Cash backs
Here is a breakdown of the platforms that offer crypto giveaways and cashback at the moment;
Binance
Binance is the largest crypto exchange based on trading volume. Traders enjoy high liquidity and low trading fees at 0.1%, making it one of the best crypto exchanges. Its Binance Academy has also been a great learning platform for all levels of traders to gain more knowledge of the crypto world, whether beginner or pro.
The exchange also hosts several crypto giveaways and rewards that are updated often. When new users register on Binance, they are eligible for welcome rewards of up to $100, as long as they are verified. In addition, users can earn referral bonuses on the sign-up and the Binance gift card. From October to November, Binance runs a gift card referral program whereby users can receive up to 7 MC and 3 DEGO Gift Cards for referring their friends.
Binance also offers an 8% BNB cash back every time users make an eligible purchase through the Binance Card, which is automatically deposited in your Funding Wallet. The platform also runs a P2P Offer of Zero Maker Fees in the HKD market. Each successful trade on these pairs will incur zero maker fees for makers who post new advertisements in fiat currency HKD. Notably, Binance also offers weekly and seasonal giveaways that you can check out for additional rewards.
Fold app
Fold app is a mobile app with two card types, the spin card, and the spin + card. The two differ in their payment plans, where the spin card is free while the spin + card has a monthly subscription of $10 and $100 for a yearly subscription. Users can access benefits on the two cards, including shopping in outlets such as Amazon. Notably, the cards are processed anywhere that accepts Visa Debit cards.
With the cards, there are several offers available, such as shown in the table above, including referral rewards, daily spins, and Bitcoin-back gift card rewards. Currently, the Fold app is only available to United States citizens. However, they plan to expand this outreach to include people from more countries. Here is the link to their main website.
Paypal
Paypal is one of the most well-known payment processors for small businesses and personal use. It offers a payment processing solution that features fixed fees and an easy setup for merchants. Paypal also works with digital assets, whereby its digital wallet supports cryptocurrencies.
On the platform, customers receive cash backs on different bank cards for shopping. The funds accrued from these cash backs can then be used by customers as fiat or for making crypto purchases under zero transaction fees.
Paypal also has a referral program that allows users to earn up to $100 by referring their friends. However, the referred person has to make purchases or trade with at least $5 for both parties to receive the reward. Depending on the season, Paypal also offers additional rewards to its customers, so it’s worth regularly checking out its website.
Crypto.com
Crypto.com is a prominent crypto exchange with a wide user base of over 50 million users who buy and sell over 250 cryptos at true cost. It offers a variety of giveaways and cash back. The platform offers five prepaid Visa Cards. The cards are accepted everywhere that accepts Visa, but you must load them before using them.
Crypto.com offers cashback between 1% to 5% on spending, depending on the Visa Card. Crypto.com also offers a $25 giveaway in the referral program after referring a friend. They also offer up to 8% cash back in CRO for everyday use. Notably, the platform offers all its cash back in CRO, which you can invest.
Venmo
Venmo is quite popular in the peer-to-peer payment services industry. Besides offering low-cost services and fast transfers, the app is easily installed and widely compatible. Venmo offers up to 3% cash back on purchases in your eligible top spend category, up to 2% on purchases in your second eligible top spend category, and 1% on other eligible purchases.
It also offers up to $100 in referral bonuses, while referrers can earn up to 10 referral bonuses each at $10. Notably, they must spend $5 funded by a bank account or card and must be made to another user within 14 days of the referral link creation. In addition, new users who join the platform receive $10 when they sign up through a referral link.
BlockFi
BlockFi aims to provide financial products and solutions to markets with limited access to traditional financial services through its credit services. The platform offers crypto cash backs ranging from 0.25% to 10%, as indicated in the table above.
Notably, the 10% cash back is applicable for the brands and restaurants in partnership with the platform. There is also a 1.5% cashback on any transaction on the platform 0.25% on eligible crypto purchases and trades up to a maximum of $500 in crypto each month. A 2% cash back is also rewarded to users who spend over $30K annually.
Every person who signs up for BlockFi using their referral code will receive $10 in Bitcoin when they deposit $100 or more into their account. Before your friend can receive the bonus payment, they must first hold the funds for 30 days.
If you have a BlockFi Rewards Credit Card, you will each receive an additional $30 in bitcoin. Notably, after five referrals, you’ll start earning an extra $10 BTC bonus for all additional referrals. In addition, there is a $25 Bitcoin bonus on new accounts with rewards in tiers.
Additionally, the platform offers seasonal prizes and giveaways, so keep researching and following it closely.
Gemini
With a wide variety of features and a good user experience, Gemini is a great choice for both experienced traders and beginners. Visa and Mastercard are working with various crypto space service providers. One of these is Gemini, which has partnered with Mastercard to launch the Gemini Card. This card provides users with 3% cash back on their trades. There is a 3% back on dining (up to $6,000 in annual spending, then 1%), 2% on groceries, and 1% on other purchases.
You can also spend $1,500 following card activation in your first month and unlock a limited edition animated NFT. Gemini also offers $5 in BTC for new users on the platform. There is also a $10 referral bonus when you refer a friend to sign in on the platform once your friend buys or sells $100 or more within 30 days of creating their account.
Final Thoughts
The crypto space has numerous bonuses that are spread across different platforms. These can be very useful for investors as they allow them to buy more coins without spending much money. Some platforms even offer zero fees on investments. These provide ways investors can earn money to meet their trading needs during these difficult economic times.
One of the most common tasks that investors must complete to earn rewards is signing up on a certain platform for the first time. This type of bonus can be found on various platforms, such as Binance, BlockFi, and Crypto.com. After the login bonuses have been issued, these platforms reward users for completing various tasks, such as first deposits, withdrawals, and trades. They also have various reward programs, such as competitions in trading.
Meanwhile, there are various advantages and disadvantages to investing in crypto, and it is important to consider the risks involved. One of the most important factors that investors should consider is the ability to minimize the risks and crypto giveaways and cash backs are one way to achieve this as an investor.
Notably, the platforms mentioned offer different rewards from time to time, hence you should strive to stay updated through their social media platforms and websites.
