Which exchange has the best sign-up bonus?
Don't just read the headline.
“Get $100 for signing up.” “Mystery boxes up to 60,000 USDT.” What matters is how much you actually receive, what you must do to get it, and whether you can use it.
What sign-up rewards do exchanges offer?
| Reward | How you get it | What it's really worth |
|---|---|---|
| Mystery boxes | Complete verification, deposit and trading tasks | Mostly small amounts; top prizes are rare |
| Trial funds | Issued after sign-up or tasks | Usually limited to specific trades; only profits may be withdrawable |
| Fee vouchers | First trade and similar tasks | Only offsets fees, and expires |
| Boosted earn rates | New users, capped amount and days | Small extra interest; the coin price still moves |
| Referral fee discount | Enter a code at sign-up | Applies to every trade, for life |
The first four are one-off. The last one keeps working as long as you trade. You can have both.
Four things to check before chasing a bonus
- Requirements: how much must you deposit or trade?
- Withdrawability: trial funds and vouchers usually aren't cash.
- Expiry: many rewards vanish after 7–30 days.
- The platform itself: a big bonus from an unreliable exchange is worthless. Check track record, size and proof of reserves.
“Free crypto for signing up”: real or scam?
| Exchange welcome tasks | “Free crypto” ads and DMs | |
|---|---|---|
| Where you claim | The exchange app's Rewards Hub | Unknown sites, groups, DMs |
| Pay first? | No | Often asked to deposit or “activate” |
| Can you withdraw? | Per campaign rules | Balance shows, withdrawals never work |
| What's behind it | Customer acquisition budget | Ponzi, gambling or scam platforms |
If you must pay to claim, pay to withdraw, or recruit others to earn, treat it as a scam. Real exchange rewards never require you to send money first.
One-off bonus or lifetime discount: which is worth more?
| Monthly volume | Trade type | Saved per month | Saved per year |
|---|---|---|---|
| 5,000 USDT | Spot taker 0.10% | ≈ 1 USDT | ≈ 12 USDT |
| 20,000 USDT | Spot taker 0.10% | ≈ 4 USDT | ≈ 48 USDT |
| 100,000 USDT | Futures taker 0.05% | ≈ 10 USDT | ≈ 120 USDT |
| 500,000 USDT | Futures taker 0.05% | ≈ 50 USDT | ≈ 600 USDT |
Honestly: occasional buyers save small amounts, active traders save a lot, and it repeats every year. A welcome box is a one-time surprise; the discount is the base. Take both. Try the savings calculator with your own numbers.
No OKX account yet? Enter OK66688 when you sign up and OKX automatically charges you 20% less on every spot and futures trade, with no one else handling your money
Sign-up bonus
FAQ.
01Which crypto exchange has the best sign-up bonus?
Compare requirements, withdrawability, expiry and the platform's reliability, not the headline figure. One-off rewards plus a lifetime fee discount is the full picture.
02Are crypto sign-up bonuses worth it?
They're a nice extra, but most users receive small amounts. For regular traders, a permanent fee discount is usually worth more over time.
03Is “free crypto for signing up” a scam?
Rewards in an exchange's own Rewards Hub are real. Offers from unknown sites that ask you to deposit or pay to withdraw are scams.
04Can I withdraw the OKX sign-up bonus?
It depends on the reward type and campaign rules shown in the Rewards Hub; trial funds and vouchers usually can't be withdrawn directly.
05Can I get welcome rewards and the referral discount?
Yes. Signing up with OK66688 doesn't affect new-user tasks or mystery boxes.
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You only sign up once.
Use code OK66688.
20% off spot and futures fees for life, applied automatically by OKX. Welcome rewards stay available.