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Category: Cryptocurrency

  • Top 5 Free Bitcoin Bonuses: Easy Free Cryptocurrency By Opening New Accounts

    Take advantage of these cryptocurrency companies to get free Bitcoin, Dogecoin, and Ethereum bonuses when you open new accounts and participate in the digital token-based economy.

    To get free crypto bonuses, sign up for these services that help you buy, sell, store, spend, and invest in digital assets.

    All of these crypto companies are free to join. They will give you free cryptocurrency when you try their services while the market is growing. This is a great time to get in for bonuses while so many companies are competing.

    If you are new to Bitcoin or any cryptocurrency, these companies can help you get some free digital coins to get started.

    New and Featured Offers without a Crypto Transaction

    1. $10 Paypal offer: Earn $10 Cash when you sign up and buy $5 worth of Crypto through Paypal.

    2. $70 Invstr – Get $30 USD worth of Free Crypto + $40 in Gift Cards/Cash. Offer Terms: Once you put at least $100 into your new Invstr account you will score both of these offers. See here for more information.

    Get Free Bitcoin and Crypto Bonuses

    3. Coinbase – Get $10 in Free Cash

    Offer Terms: After you buy or sell $100 or more of crypto with your new Coinbase account, you’ll receive a $10 cash bonus, which you can withdraw or use to buy crypto. On top of that, you’ll earn more free crypto for learning about digital assets with Coinbase Earn.

    Summary: One of the first major Bitcoin wallets in the U.S.A., Coinbase offers a simple-to-use platform for investing in various cryptocurrencies. Coinbase Review.

    4 Sofi – Get $10 in Free Bitcoin

    Offer Terms: Once you join SoFi Crypto and buy $10 in Bitcoin, Ethereum or Litecoin, receive a $10 bonus deposit.

    Summary: To earn compound interest on your crypto or borrow U.S. Dollars against your crypto, create a Sofi Crypto Account. Sofi Review.

    5. Crypto.com – Get $25 USD worth of Free Crypto

    Offer Terms: Once you stake at least 2,500 CRO in a Metal Visa Card for 6 months, you’ll earn $25 USD worth of the CRO cryptocurrency, which can be exchanged for $25 in cash or other cryptos. After registering for Crypto.com and passing KYC verification, your $25 bonus will be instantly credited to your Crypto.com Wallet (you’ll receive $25 USD worth of CRO – the native token for the Crypto.com Chain). Go here for the $25 Crypto.com offer.

    Summary: If you are looking to spend your crypto on a Visa Debit Card that is accepted worldwide, open a Crypto.com MCO Visa Card to enjoy various benefits.

    Bonus Crypto Bonuses

    6. Celsius Network – Earn $50 in Free Bitcoin

    Offer Terms: After you pass customer verification, make your first transfer of $400 or more worth of any crypto into your Celsius wallet to earn $50 in free Bitcoin. Then, hold your initial crypto transfer for 30 days to unlock your $50 BTC bonus.

    Summary: To earn interest on your cryptocurrency, join Celsius Network and deposit as little as $1 in crypto to get weekly interest payments. 

    7. OKCoin – Get $50 Bitcoin Bonus

    Offer Terms: Once you join OKCoin and pass level 2 identity verification, deposit funds to OKCoin using your local currency and buy $100 USD worth of crypto to receive $50 worth of free Bitcoin.

    Summary: To trade fiat currencies with digital assets on a global exchange, try OKCoin.

    8. Dharma – Get $100 in Free Ethereum

    Offer Terms: Connect a bank account and buy $500 worth of any crypto or stablecoin to earn $100 in free Ethereum.

    Summary: To earn interest on crypto, buy and sell DeFi Tokens, and invest in any Ethereum protocol, try the Dharma Ethereum Wallet.

    9. CoinZoom – Earn $10 USD in Free ZOOM

    Offer Terms: Once you buy $100 of any crypto and maintain a $100 balance in your CoinZoom account for 30 days, you’ll receive a $10 bonus worth of ZOOM, which you can sell for USD or trade for other cryptos.

    Summary: By providing a gateway to digital assets, CoinZoom makes it simple to buy, sell, send, spend, and exchange cryptocurrencies.

    10. Swan Bitcoin – Get $5 in Free Bitcoin

    Offer Terms: Earn a $5 Bitcoin bonus when you start a Swan savings plan and complete your first purchase.

    Summary: For an easy way to automate regular Bitcoin purchases to achieve dollar-cost averaging, set up a recurring Bitcoin order with Swan Bitcoin. 

    11. Lolli – Get $10 in Free Bitcoin

    Offer Terms: After you join Lolli, shop at any participating retailer to get $10 in free Bitcoin, on top of what you earn back in Bitcoin for shopping.

    Summary: To earn shopping rebates in the form of Bitcoin, join Lolli and shop online at all of your favorite stores.

    12. CoinList – Get $10 Free BTC and $5 OXT

    Offer Terms: After you join CoinList and pass ID verification, buy or sell $100 worth of assets in a single trade to earn $10 in free Bitcoin. In addition, complete a quick quiz about the Orchid protocol to earn $5 in free OXT tokens.

    Summary: To easily buy major cryptocurrencies along with stocks and ETFs, try SoFi Crypto. 

    13. Pool by Cake DeFi – Get $50 Free DFI Tokens

    Offer Terms: Once you join Pool by Cake and pass ID verification, deposit $50 worth of crypto into your new account to receive $50 worth of DFI tokens.

    Summary: To access a variety of cryptocurrency investment options that create constant cash flow on a simple-to-understand platform, try Pool by Cake DeFI.

    14. Bitstamp – Get $20 Cash Bonus

    Offer Terms: After you sign up for a Bitstamp account and verify your identity, complete your first trade for $100 or more worth of any crypto to receive a $20 cash bonus.

    Summary: To buy and sell popular digital currencies with instant deposits and direct bank account cash-outs, try the Bitstamp global crypto exchange.

    15. bitFlyer – Get $15 Bitcoin Bonus

    Offer Terms: Once you download the bitFlyer Wallet App and trade $100 worth of any crypto, earn a $15 bonus worth of Bitcoin.

    Summary: To easily trade popular cryptocurrencies with a simple-to-use platform, try the bitFlyer Wallet App. 

    16. SALT Lending – Get $50 Bitcoin Bonus

    Offer Terms: Once you join SALT Lending using an Invite Code and have an active loan status, receive a $50 bonus worth of Bitcoin.

    Summary: To access crypto collateral loans in U.S. Dollars, try SALT Lending for individual and business borrowers.

    17. Outlet – Get $5 Bonus

    Offer Terms: Once you download the Outlet App and complete your first successful deposit for any amount, receive a $5 bonus credit in your account.

    Summary: To earn a 9% interest rate on all of your funds with no fees, try the Outlet App.

    18. Constant – Get $8+ Bonus cash

    Offer Terms: After you create a free account with Constant and verify your identity, receive $8+ in bonus cash after 15 days.

    Summary: To automatically earn a 4% APY on your deposited funds with no limitations, join the Constant P2P lending platform. 

    19. Iban Wallet – Get $25 Sign-Up Bonus

    Offer Terms: After you open an Iban Wallet and deposit $1,000 or more, receive a $25 cash bonus.

    Summary: To earn fixed interest rates from various asset-backed loans, try the Iban Wallet. 

    20. Nexo – Earn $10 BTC Bonus

    Offer Terms: After you complete Advanced Verification and top up at least $100 in any supported asset on the platform, you will receive a $10 bonus in Bitcoin.

    Summary: To earn up to 12% annual interest on your crypto and fiat, try Nexo.

    If you’re new to Bitcoin and want to explore some of the options for using cryptocurrencies, take advantage of these ways to get free Bitcoin bonuses.

    Bitcoin and Crypto Apps we no longer recommend

     Voyager – Get $25 in Free Bitcoin

    Offer Terms: After you deposit and trade a minimum of $100, you will receive $25 in free Bitcoin within 72 hours.

    You may have already heard about Voyager if you follow Mark Cuban. The NBA team Dallas Mavericks partnered with cryptocurrency platform Voyager “to make crypto more accessible to all.”

     BlockFi – Get $10 in Free Bitcoin

    Offer Terms: To be eligible, you must enter Code “c1fdf3f4” in the “Referral Field.” Once you deposit $100 worth of crypto and maintain that balance for 30 days, you’ll receive $10 in free Bitcoin.

    Summary: To earn compound interest on your crypto or borrow U.S. Dollars against your crypto, create a BlockFi Interest Account. BlockFi Review.

    Summary: With commission-free cryptocurrency trading across multiple exchanges using U.S. Dollars, Voyager makes it easy to trade and invest your digital assets. Go here for more information.

  • Get $70 in Bonuses With Invstr App ($30 BTC + $40 Bonus)

    Get $70 in Bonuses With Invstr App ($30 BTC + $40 Bonus)

    The Offer

    Direct Link to offer

    • Swagbucks is offering 4,000 SB (worth $40) when you sign up for the Invstr banking and investing app and deposit $5.
    • Invstr also offers new users $30 worth of bitcoin when you fund a new account with $100 or more.

    Swagbucks.com is offering a $40 Amazon Gift Card + $30 in Bitcoin for Free with the Invstr app. Follow the instructions below.

    Directions

    • Click the link to Sign Up for Swagbucks and claim deal
      • Returning users login first, then click the link to claim deal
      • New users: You will need a mobile to verify your account.
      • New users: Check email to verify and create a password for Swagbucks
    • Install Invstr via download link by Email, SMS, or QR code
    • Deposit $5 or more in your Invstr+ account to receive the $40 Bonus
    •  Get Free $30 Bitcoin if you Deposit $100 or more within first 5 days of opening account
    • Get 4,000 SB within 32 days
    • Redeem your 4,000 SB for $40 worth of Amazon or PayPal gift cards
      • Note: This offer is only available to new Invstr customers.

    About Swagbucks

    Swagbucks is an online rewards program that allows members to earn gift cards and cash back through their online activities. So far, Swagbucks has already paid out over $664.3 million in cash and free gift cards. If you’re new to Swagbucks then please read our review. 

    About Invstr

    Invstr is a financial app similar to Robinhood and Sofi offering self-directed trading, digital banking, educational resources, and market analytics. The app is best for active traders looking to place commission-free investments in stocks, ETFs, crypto, and ADRs. You only need $5 to start investing, and you can purchase fractional shares of stocks and other investments.

    Our Verdict

    I’m not sure it’s worth opening a new financial account for $40, though with the $30 crypto bonus it gets more interesting. In any case, it’s a good deal for someone who is interested in trying out the app, one which I don’t know much about. Compare more investment bonuses here.

  • How To Make Everyday Purchases With Bitcoin Anywhere

    How To Make Everyday Purchases With Bitcoin Anywhere

    Many think it’s impossible to actually use Bitcoin (BTC) on day-to-day purchases, but a lot has changed in the last few years.

    Two years ago it was not so simple to go buy a cup of coffee using Bitcoin. My father asked me the other day if you could actually buy things with Bitcoin or Ethereum like you can with purchases using cash or a debit or credit card. It turns out things are changing to make this a thing. While it is still a foreign concept to many, there are plenty of ways to use Bitcoin on your day-to-day purchases.

    Don’t miss out on these Crypto Bonuses for free BTC, ETH, and more.

    Today’s advancements, like crypto cards and the lightning network, make it relatively easy to use Bitcoin for everyday activities. People could live their entire lives using nothing but Bitcoin if they wanted to. So, how do you make everyday purchases with Bitcoin?

    Crypto Spending Facts:

    • Crypto debit cards allow you to spend your cryptocurrency at any location that accepts Visa or Mastercard by instantly converting crypto in your account to dollars.
    • There are a number of services that let you convert your Bitcoin into gift cards for purchases or even pay others Bitcoin to make purchases for you.
    • Some businesses accept Bitcoin directly without the need for cards or conversion to dollars.
    • If you don’t wish to use a card, there are many sites that let you find businesses that accept direct payments in Bitcoin in close proximity to you. 

    Crypto Cards

    Many services offer crypto debit cards where every purchase converts crypto you hold with the platform to dollars for purchases. This allows you to effectively spend your crypto at any location that accepts Mastercard or Visa. 

    Crypto cards are offered by almost every leading exchange including Coinbase, Gemini, BlockFi, Crypto.com, Nexo and more. The card serves as a middleman between your crypto account and the merchant. When you go to make a purchase, crypto in your account is converted to dollars, allowing you to make use of your crypto whether the store actually accepts crypto or not. 

    Payment Services

    There are also various services that allow you to use Bitcoin for payment in roundabout methods. Some of these involve first buying gift cards with Bitcoin that you can then use anywhere or paying others looking to earn Bitcoin to make a purchase in dollars for you.

    Bitrefill:

    Bitrefill is a service that lets you buy gift cards with your crypto with over 4,000 different retailers and businesses. This works with everything from DoorDash to Amazon. You can simply buy a gift card or refill an existing on with Bitcoin. The site also accepts lightning network payments.

    There are a number of other digital gift card services that allow you to pay with cryptocurrency including Moon, Fold and CoinPayments.

    Purse.io:

    Purse.io is an Amazon-only system that works by matching those who wish to spend Bitcoin on something with those who are looking to earn Bitcoin. You select a product you want to buy and then send Bitcoin to a “purse” that acts as an escrow account. When the buyer has received the order the Bitcoin within the purse is released to the earner who bought the product with dollars. 

    BTC accepted locations in the Chicago area.

    Locating Businesses That Accept Bitcoin

    Some Bitcoin users prefer to keep their Bitcoin in self custody and off of third-party platforms that may offer cards. If this is your preference, you’ll need your own wallet and to find store locations that will accept Bitcoin directly. Stores like this are rare, but it’s becoming increasingly common. Some of the top names include Microsoft, AT&T, AMC Theaters, and other names in entertainment and sports such as the Dallas Mavericks.

    Coinmap: 

    There are a number of sites that actually make this very easy. One site, called coinmap, lets you enter your address and see store locations that accept Bitcoin within close proximity. 

    Spendabit:

    Another site, spendabit.co, lets you enter in any product you are looking for, from coffee mugs to sweatpants. The site then shows you all of the merchants that are willing to accept Bitcoin in exchange for the product.

  • You can soon invest crypto in this 401k

    You can soon invest crypto in this 401k

    Some employers may soon offer you the option to invest in bitcoin and other digital currencies through your 401k.

    There is increasing discussion at financial service firms about how they could best provide a relatively safe crypto option in 401ks and other employer retirement plans. Fidelity Investments, one of the largest plan providers, is seeing growing interest in the idea. “We believe retirement investors increasingly view digital assets, and bitcoin in particular, as an investment worthy of consideration for long-term investing,” said Dave Gray, Fidelity’s head of workplace products and platforms.

    It may be a long wait for most 401k plans but some are becoming more and more open to the idea. The Plan Sponsor Council of America recently asked its members if they were or are considering adding crypto to their menu of investment choices. Only about 2% said yes. “Plan sponsors are overwhelmingly not considering, and will not consider, cryptocurrency a prudent investment option in a retirement plan,” the organization said.

    That question was asked soon after a blog post from an official at the US Department of Labor was published, warning fiduciaries “to exercise extreme caution” before adding a cryptocurrency option to their plans. The Labor Department oversees employer retirement plans to ensure they meet minimum standards of protection for plan participants set by the Employee Retirement Income Security Act, or ERISA.

    At this early stage in the history of cryptocurrencies the Department of Labor has serious concerns about plans’ decisions to expose participants to direct investments in cryptocurrencies or related products, such as NFTs, coins, and crypto assets.

    While the DOL did not explicitly ban plans from doing so, it said it will investigate any plans offering crypto or related products. “The plan fiduciaries … should expect to be questioned about how they can square their actions with their duties of prudence and loyalty in light of the risks described above.”
    If your plan ever does offer crypto, which is an extremely volatile asset class, you might want to proceed with caution.

    Taking risk, of course, is necessary to generate growth in your retirement savings over time. But you also need to make sure your nest egg is not so exposed to a high-risk asset that your hard earned savings are at risk of getting erased. The risk you take has to be balanced with your time horizon, your risk tolerance and a risk-return analysis of the assets you choose. With all of this on the table you also have to worry about the tax implications of crypto that may really complicate things with an IRA or 401k.

    ForUsAll to Launch Crypto Investment Option

    A small player in the 401k provider universe — ForUsAll — said it will be launching a cryptocurrency investment option for clients in the second quarter of this year. ForUsAll, which primarily services small- to mid-size employers, said over 120 of its 400 clients to date have signed up for the new option, which will be available to participants through a self-directed account on Coinbase.

    While there is extreme volatility in cryptocurrencies and a risk of theft and loss in that space, ForUsAll believes the guardrails it is placing around its crypto option will comply with ERISA standards and allay the Labor Department’s concerns.

    Participants may only invest 5% of their current 401k balance and 5% of their contributions going forward (as well as 5% of their employer matches) to their crypto account. Participants will get automatic notices whenever the value of their crypto investments exceed 5% of their total 401k portfolio. But it will be up to them to decide whether to relocate.

    However, before opening an account, participants must go through ForUsAll’s educational materials about crypto investing and take an interactive quiz to demonstrate that they understand its risks and the importance of not taking excessive bets on crypto with their retirement savings.

    Furthermore, they will only be able to select from a curated list of cryptocurrencies vetted by ForUsAll to ensure they are of institutional investing quality. There will be nothing overly speculative, such as meme coins like Doge or Shiba Inu.

    Although it may be less hassle a crypto option may not be right for every employer plan. For employers that don’t have employees who are sufficiently sophisticated investors, this may not be appropriate.
    But for those that do, ForUsAll believes its crypto option will provide individuals a safer way to invest in a space where institutions and finance professionals are already investing for both diversification and growth potential. It’s designed to be a lot easier to invest in cryptocurrencies prudently.