Start your cryptocurrency journey today and receive a £5 Bitcoin sign-up bonus with Coinbase. This guide will share our exclusive Coinbase Referral Code for October 2023.
As one of the leading cryptocurrency exchanges, Coinbase offers a secure platform to buy, sell, and store your digital assets. Use this opportunity to maximize your benefits and take advantage of the £5 bonus, exclusively available through this Coinbase referral code. Plus, you’ll be able to take advantage of all the great features of Coinbase.
So what are you waiting for? Read on to learn more about Coinbase and how to use our Coinbase sign-up bonus.
Best Coinbase Referral Code October 2023
|Coinbase Referral Code||Sign-up with our Exclusive Coinbase Referral Link|
|Coinbase Sign-up Bonus||Earn £5 or $10 worth of Bitcoin after your first trade on Coinbase|
|Referral Terms||Coinbase Referral Terms|
|Bonus Last Validated||October 2023|
Coinbase Referral Programe 2023
New users who sign up to Coinbase with an eligible Coinbase referral link will receive £5 worth of free Bitcoin. Just make a trade within 180 days of opening your account.
One of the benefits of signing up and creating a Coinbase account is its beginner-friendly platforms, including Advanced Trade and Coinbase Wallet. Plus, their array of features and ever-increasing supported tokens.
What is Coinbase?
Coinbase is a beginner-friendly US-based crypto exchange, with over 110 million users worldwide and $80 billion in assets on the platform, it is one of the largest crypto platforms. Making Coinbase one of the world’s largest and most popular crypto platforms.
Coinbase was founded in 2012 as a place to send and receive Bitcoin, and it has grown to support dozens of cryptocurrencies. The platform is suitable for beginners and experienced traders, with a simple Coinbase platform for simple buy and sell orders and Coinbase Advanced Trade for more experienced traders.
The exchange is well-designed and easy to use, making it one of the best options for the newbie to start buying their first cryptocurrency. All of the biggest crypto assets, such as Bitcoin, Ethereum, and Ripple XRP, can be found here, with more cryptos being regularly added.
Want £5 worth of free Bitcoin? This Coinbase referral offer gives new users who sign-up to Coinbase a free £5 BTC bonus after their first trade.
How to Sign up to Coinbase & Earn a Sign-up Bonus in 2023
Coinbase sign-up process is very easy, but you must provide KYC (Know Your Customer). If you speak to any Bitcoin OGs, they will tell you this is one of their biggest downfalls.
But, if you want to buy the likes of Bitcoin, Ethereum or Ripple quickly and safely, Coinbase is one of the most trusted platforms. Plus, it’s a great beginner-friendly platform to get you started.
If you plan to sign up for Coinbase, here’s what you need to know about the Coinbase verification process.
This Coinbase step-by-step guide will explain how to sign up for Coinbase and earn a free crypto sign-up bonus on your first trade.
Total Time: 10 minutes
1. Sign-up & Create a Coinbase Account
2. Buy Crypto on Coinbase
3. Enter the Amount of Crypto to Purchase
4. Choose Crypto to Buy
5. Choose a Payment Method
– If you’re new to Coinbase, you must add a payment method. You can do this by selecting the grey button “Add a Payment Method” at the bottom of your screen.
In this example, you can see we already have a Santander account connected to Coinbase.
6. Link Credit or Debit Card to Coinbase Account
7. Preview Purchase
How to Add a Debit/Credit Card to Coinbase?
To be able to buy Bitcoin with Coinbase, you will first have to add your Debit or Credit Card.
- From the Coinbase dashboard, click “Trade.“
- Click Add a “Payment Method“
- Select Credit/Debit Card and enter Billing Address & Postcode
- Enter Card Details & Click “Add Card“
- The card will then be set up for you to purchase your Bitcoin.
Please note: Buying Bitcoin or crypto with a credit card can be expensive and not recommended.
How to Buy Bitcoin on Coinbase with Your Debit/Credit Card?
Buying Bitcoin on Coinbase is a nice and simple process, as long as you don’t have to contact their support. By following this guide, you can purchase Bitcoin within a few minutes.
- Select “Trade” from the dashboard
- Enter the amount of Bitcoin you would like to purchase
- Select the cryptocurrency you’d like to purchase.
- Your credit/debit card details will then show in the “Pay with” section
- Preview Purchase will show a confirmation of your order and display corresponding fees.
- Click “Buy now.“
- Your purchase will then automatically complete, and funds will appear in your Bitcoin wallet.
How to Add a Bank Account to Coinbase?
This guide will explain how to add a bank account to your Coinbase account. Ensure that when you send the funds, you include the reference number so they know the transaction relates to your account.
If you’re from the UK, you will be prompted to verify your bank details the first time you add your bank account. You will do this by sending Coinbase £2.00, and they will use this to verify your account.
- Click “Trade“
- Click “Add Payment Method“
- Select UK Bank Account
- Enter the sort code as a 6-digit number (don’t add the ‘-‘)
- Enter your account number
- Click “Done” Once verified. The accounts will then show in your GBP wallet
How to Deposit into Your Coinbase GBP Wallet?
Funds can be deposited into your GBP Wallet to make your crypto purchase. To deposit to your Coinbase GBP wallet, follow the below guide.
- Click “Deposit“
- Make a note of your reference number (Do Not Use This Reference Number, This is an Example)
- Tick the box “I’ve copied or written down my Reference Number.“
- Click “Continue.“
- You can then transfer your funds from your UK bank account for your Bitcoin purchase.
How to Buy Bitcoin in the UK with Coinbase?
- Select “Trade” & Enter the amount of Bitcoin you would like to purchase
- Select the cryptocurrency, i.e. Bitcoin, Ethereum, etc
- Select GBP Wallet from your pay with the option
- Click “Preview Purchase“
- From this screen, you can view a confirmation of the purchase and the Coinbase fees associated with the order.
- Click “Buy Now.” The funds will then appear in your Bitcoin Wallet.
Coinbase Referral Bonus Terms & Conditions
According to the Coinbase terms and conditions, the bonus amount offered for signing up may vary depending on the country and time.
To qualify for the Coinbase sign-up bonus, you must verify your identity and purchase at least $100 worth of cryptocurrency on Coinbase within 180 days of signing up. The Coinbase bonus may take up to four business days to be credited to your account. Coinbase support reserves the right to disqualify accounts suspected of fraudulent activity, such as creating multiple or duplicate accounts.
Where is the Coinbase Referral Code?
Coinbase referral code is typically embedded in a unique referral link, which you can share with friends or people in your network who are not yet registered on Coinbase. Usually, when new users sign up to Coinbase with the link, they will receive up to $10.
While Coinbase provides a convenient and user-friendly service, the fees charged by Coinbase can be quite high. Below, we have broken down the various fees Coinbase charges, including trading, spread, and transaction fees.
Understanding the fees charged by Coinbase is essential for anyone looking to use the platform to buy, sell, or trade cryptocurrencies, as it can significantly impact the overall cost of transactions.
|Trade Size||Coinbase Fee|
|$10 or less||$0.99|
|$10 to $25||$1.49|
|$25 to $50||$1.99|
|$50 to $200||$2.99|
|Trades above $200||Percentage-based fee|
|Payment Method||Coinbase Fee|
|Wire Transfer||$10 Incoming, $25 Outgoing|
Coinbase Advanced Trade Fees
One way to reduce the fees charged by Coinbase is to use the Coinbase Advanced Trade platform. The platform offers lower fees for traders, with fees decreasing with higher trade volumes. The fees on Coinbase Advanced Trade are based on a pricing tier system, with taker fees ranging from 0.60% to as low as 0.05% and maker fees ranging from 0.40% to as low as 0.00%, depending on the size of the trade.
Using Coinbase Advanced Trade, users can reduce their fees and potentially save money on their transactions. The table below shows the taker and maker fees for different pricing tiers on Coinbase Advanced Trade:
|Pricing tier||Taker fee||Maker fee|
|$10k – $50k||0.40%||0.25%|
|$50k – $100k||0.25%||0.15%|
|$100k – $1m||0.20%||0.10%|
|$1m – $15m||0.18%||0.08%|
|$15m – $75m||0.16%||0.06%|
|$75m – $250m||0.12%||0.03%|
|$250m – $400m||0.08%||0.00%|
Another great incentive Coinbase offers is its Coinbase Earn feature. Where users can earn free cryptocurrency while learning about crypto and answering a few simple questions. Due to the growth of Coinbase, the earn feature doesn’t offer the rewards it once did.
Initially, you could earn $50 XLM; now, the max is around $10. But if you hold your free crypto, you may increase your return. You can check out our Coinbase Earn guide to learn more about Coinbase Earn.
The Coinbase sign-up is a great way to earn rewards for you and your friends. By sharing your unique referral link, you can also earn a bonus when your friend signs up for a new Coinbase account and makes an eligible crypto trade. So don’t hesitate to spread the word about Coinbase and earn rewards today!
Coinbase Referral FAQs
Does Coinbase Pro have a referral code?
Coinbase Pro does not offer a referral code, unlike other exchanges that offer discounts on trading fees. Coinbase Pro is Coinbase’s professional trading platform as it looks to compete with more advanced exchanges such as Binance.
What is the Coinbase Refer a Friend Program?
The Coinbase Refer a Friend Program lets you and a friend both earn a sign-up bonus. You’ll receive the bonus when your friend signs up for a Coinbase account using your unique referral link and makes a crypto trade. The Coinbase bonus amount may vary depending on the time and country.
Why haven’t I received my Coinbase bonus?
There are a few different reasons why you may not have received your Coinbase sign-up bonus;
– You must sign up and create a new account using a Coinbase referral link.
– You must buy or sell via Coinbase.com. Orders placed on Coinbase Pro or Advanced Trade will not count toward referral bonus eligibility.
– You must buy or sell the minimum amount or more within 180 days of opening your account.
When will I receive my Coinbase referral bonus?
New users should receive their Coinbase bonus within four business days.
Is there a signup bonus for Coinbase?
Yes, there is a sign-up bonus for Coinbase. When you open a new Coinbase account and buy or sell $100 or more in crypto within 180 days of account sign-up, you will receive a $10 Bitcoin bonus deposited within 24 hours.
How do I get free money from Coinbase?
To get free money from Coinbase, you can participate in Coinbase Earn. Once you have a Coinbase account, you can access the Coinbase Earn area. Additionally, you can get a $5 new user first trade incentive if you are a new user. You can also experiment with lending some of your crypto assets using the Coinbase Wallet.
Here are some of our articles you may also find helpful;
- Coinbase Staking: How to Stake & Earn Rewards on Coinbase?
- Nexo Referral Code: Earn up to $100 Bonus
- Compare Crypto Lending & Staking Rates
- How to Withdraw Money from Coinbase & Cash Out
*After you make a crypto purchase, BTC will be added to your portfolio. Limited time offer. Offer available to new users only. Offer not available to new users who were referred to Coinbase through the Referral Program or who have previously opened an account using different contact information. Coinbase may update the conditions for eligibility at any time.
“Cryptocurrency is not regulated by the UK Financial Conduct Authority and is not subject to protection under the UK Financial Services Compensation Scheme or within the scope of jurisdiction of the UK Financial Ombudsman Service. Investing in cryptocurrency comes with risk, and cryptocurrency may gain in value or lose some or all value. Capital gains tax may be applicable to profits from cryptocurrency sales.”