Top Crypto Bonus Offers
Sign-Up Bonuses (Deposit vs. No Deposit)
A sign-up bonus is one of the most common promotional offers. Some exchanges provide a no-deposit bonus, meaning you receive free crypto just for registering. Others require an initial deposit, rewarding users with a percentage match of their first deposit. Some platforms also offer a tiered reward system, where higher deposits unlock larger bonuses.
Referral Bonuses
Referral programs allow users to earn bonuses by inviting friends to join an exchange. Once a referral signs up and meets the platform’s conditions (e.g., making a trade or deposit), the referrer and the new user receive a reward. Some platforms offer multi-tier referral systems, where users earn bonuses from both direct referrals and their referred users’ activity.
Trading & Deposit Match Bonuses
Trading bonuses reward users based on their trading volume, while deposit match bonuses provide extra funds when users deposit a certain amount. For example, a 100% deposit match means the exchange will double your deposit up to a specific limit. Some platforms also introduce time-sensitive trading competitions, where users can earn additional rewards based on trading activity within a set period.
Staking & Cashback Rewards
Many exchanges offer staking bonuses, allowing users to earn passive income by locking up assets. Cashback rewards return a percentage of trading fees or transaction costs, making them ideal for frequent traders. Some exchanges also provide tiered cashback programs, where higher trading volumes unlock better cashback percentages.
Free Spins & NFT Airdrops
Some platforms reward users with free spins on crypto games or exclusive NFT airdrops. These promotions are often part of special events or limited-time campaigns. Certain NFT airdrops provide early access to new blockchain projects, allowing users to benefit from future price appreciation.
Top Crypto Exchanges Offering Sign-Up Bonuses in 2025
To help you find the best promotions, we have compiled a list of leading crypto exchanges offering sign-up bonuses in Canada. Each platform provides different incentives, such as welcome bonuses, referral rewards, and staking promotions.
Comparison Table: Bonus Amounts, Conditions, and Availability
| Exchange | Bonus Amount | Conditions |
|---|---|---|
| Binance | Up to $100 | Referral + deposit required |
| Crypto.com | $25 in CRO | KYC + first transaction |
| Bybit | Up to $500 | Trading volume-based |
| Phemex | $180 in bonuses | Deposit + trading activity |
| KuCoin | $50 in USDT | Signup + first deposit |
| OKX | Mystery box worth up to $10,000 | Deposit + trading requirements |
Detailed Reviews of Leading Crypto Exchanges
- Binance – One of the most popular exchanges, offering diverse bonus programs for new and existing users.
- Crypto.com – Provides easy-to-claim bonuses with staking and cashback options.
- Bybit – Best for traders looking for high trading bonuses and rewards.
- Phemex – Offers unique promotions like fee discounts and deposit incentives.
- KuCoin – Known for its low fees and lucrative referral program.
- OKX – Features mystery box promotions with high-value potential rewards.
Best Crypto Bonuses for Different User Types
Best for Beginners (Low-risk, easy-to-claim bonuses)
For cryptocurrency newcomers in Canada, the ideal bonuses provide a gentle introduction with minimal financial commitment. In 2025, platforms like Netcoins and Bitbuy stand out for their beginner-friendly promotions.
Netcoins offers a straightforward $20 CAD bonus simply for completing verification and making a small initial deposit of $100. This bonus has no complex trading requirements and can be withdrawn after just 14 days, making it perfect for first-time crypto buyers.
Shakepay continues its popular $30 sign-up bonus with referral codes, requiring only basic verification and a $100 deposit. Their unique “Shakingsats” feature also lets newcomers earn small daily amounts of Bitcoin just by opening the app and shaking their phones – an entertaining way for beginners to accumulate crypto without risk.
Newton’s educational rewards program gives beginners $25 for completing their “Crypto Basics” learning modules, combining financial incentives with crucial knowledge. This approach helps new users understand fundamental concepts before putting money at risk.
For those completely new to crypto who prefer to test the waters without any deposit, VirgoCX’s no-deposit $15 bonus allows users to claim free USDT after verification, which can then be traded for other cryptocurrencies. This risk-free approach is ideal for absolute beginners wanting to experience trading without commitment.
Best for High Rollers (VIP rewards & exclusive offers)
Canadian investors with significant capital to deploy have access to substantially more lucrative bonus structures in 2025. Kraken’s VIP program offers Canadian high-volume traders deposit matches up to $10,000 with tiered benefits based on initial investment size. Their “Kraken Elite” status includes personalized OTC trading services and premium customer support.
Binance Canada has introduced a high-roller welcome package specifically for Canadian users investing over $25,000. The package offers a 10% deposit match (up to $5,000), 60 days of zero trading fees, and exclusive access to token launches. The platform’s integrated tax reporting tools are particularly valuable for high-net-worth Canadian investors managing complex portfolios.
OKX provides Canadian VIP clients with dedicated account managers and invitation-only investment opportunities. Deposit matches up to $3,000 and rebates on trading fees that increase with volume are also available. Their structured products offer enhanced returns for large deposits during the initial 90-day period.
Crypto.com maintains its competitive edge for affluent Canadian users with a tiered card program offering up to 8% cashback on purchases, airport lounge access, and enhanced staking rewards based on CRO token holdings. Their highest-tier requires significant token staking but delivers premium lifestyle benefits beyond just trading advantages.
These high-roller programs typically require substantial KYC verification, including proof of funds documentation, to comply with Canadian regulations, but they offer white-glove service to compensate for the additional requirements.
Best for Passive Income Seekers (Staking & cashback rewards)
For Canadians prioritizing steady returns without active trading, several platforms have optimized their bonus structures around passive income in 2025.
Nexo leads with enhanced interest rates for new Canadian users, offering up to 12% APY on stablecoin deposits for the first 90 days (compared to their standard 8%). New users staking at least $1,000 worth of NEXO tokens receive an additional 2% bonus across all yields.
Celsius Network’s Canadian promotion provides new users with 30 days of boosted yields – up to 9.5% on Bitcoin and 11% on stablecoins – when signing up with a referral code and depositing at least $500 CAD equivalent. Their weekly payout structure creates a satisfying passive income rhythm.
Voyager Digital has expanded to Canada with a compelling offer for passive income seekers: 5.75% base APR on Bitcoin holdings with a 2% bonus for new users in their first month. The offer requires no lock-up period and features monthly compounding. Their Loyalty Program further boosts these rates based on VGX token holdings.
Coinbase’s Canadian staking bonus program offers new users who stake Ethereum a 20% higher yield for 60 days, with rewards paid out weekly. The program’s user-friendly interface makes it accessible for those new to staking concepts.
These passive income bonuses are particularly attractive for Canadian investors seeking inflation protection with minimal effort. However, users should be aware of potential tax implications, as the CRA treats most staking rewards as taxable income.
How to Claim a Crypto Bonus (Step-by-Step Guide)
- Create an account – Register on the exchange’s official website by providing your email and setting up security measures.
- Enter a referral code (if needed) – Some bonuses require a promo or referral code during the registration process.
- Complete KYC verification – Submit identity documents for compliance. Most exchanges require ID verification to prevent fraudulent claims.
- Deposit funds (if required) – If the bonus is tied to a deposit, add funds via bank transfer, credit card, or crypto deposit.
- Opt-in to the promotion – Some exchanges require users to activate the bonus through a rewards dashboard.
- Meet bonus conditions & withdraw earnings – Fulfill trading or staking requirements before withdrawing rewards. Some bonuses have withdrawal limits or lock-in periods.
- Monitor bonus expiration dates – Bonuses may have time limits, so make sure to claim and use them before they expire.
Evaluating Bonus Terms & Hidden Conditions
Canadian crypto users should carefully examine wagering requirements, which may require trading 10-50 times the bonus amount before permitted withdrawals. Lock-in periods commonly range from 30-90 days for substantial bonuses, during which your deposit and bonus remain on the platform.
Watch for hidden fees that might erode bonus value, particularly withdrawal fees, which can be higher for promotional funds. Most Canadian platforms set expiration dates of 30-90 days to claim and use bonus funds.
Understanding Wagering Requirements
Many bonuses come with wagering requirements, meaning users must trade a certain volume before withdrawing their rewards.
Lock-in Periods & Withdrawal Restrictions
Some bonuses require funds to remain in the exchange for a specific duration before withdrawal. Always check if the bonus funds are restricted to specific trading pairs.
Hidden Fees & Expiration Dates
Check for hidden fees, such as withdrawal charges or deadlines, that could affect your ability to claim the bonus. Some exchanges impose additional conditions, like requiring users to trade a specific crypto asset.
Risks & Common Pitfalls in Crypto Bonuses
Be wary of unusually large bonus offers from unregulated exchanges not registered with FINTRAC. Always verify an exchange’s compliance with Canadian regulations before providing personal information or funds.
Some offers advertise headline rates that only apply to minimal deposits or require unrealistic trading volumes. The most transparent Canadian platforms clearly state all conditions without burying crucial details in the fine print.
- Scam promotions – Avoid fake offers from unverified platforms.
- Misleading bonus terms – Always read the fine print to avoid unexpected restrictions.
- Overtrading to meet conditions – Don’t risk more than you can afford. Trading excessively to claim a bonus can lead to significant losses.
- Regulatory risks – Some bonuses may not be available in certain jurisdictions due to local laws.