A Coinbase referral allows users with a Coinbase account to make extra money through the platform’s affiliate system. Traders and investors with a large trading network can take advantage of Coinbase referrals to make a steady stream of bonuses.
Read on to learn how to use a Coinbase or Coinbase PRO account to make money from their referrals program. Cryptocurrency continues to be a profitable investment, particularly as the blockchain system has refined its security measures and efficiency. As the fastest growing currency on earth, crypto trading can become an essential investment in your portfolio, particularly if you know how to capitalize on referral bonuses.
What is Coinbase?
The crypto trading platform Coinbase allows investors to trade crypto in 40 states. They operate on many popular decentralized currency markets, offering trading systems for XRP, Bitcoin, Litecoin, Ethereum, and over 20 additional currencies. Their simple interface and high-class security systems protect their investors.
These features have made the Coinbase trading platform the most popular in the industry. They protect their traders at the same time they offer them unique user features like their robust referral program.
What is Coinbase Referral?
Coinbase referral allows traders to use their network of friends and investors to make money by sending them links to Coinbase. A successful referral that meets certain conditions outlined on Coinbase’s site results in both you and the referred trader receiving a $10 credit, or the equivalent in your chosen domestic exchange. Here’s how Coinbase referral works:
- Login to your Coinbase account and access the referrals page where you can find your unique user link. This link allows you to refer your friends through email.
- Send emails to your contacts to distribute your referral link. People who receive it can access Coinbase using the link and create their own trader accounts. So long as your friend is in one of the countries supported by Coinbase’s network, they can complete their account signup to buy and sell crypto.
- Once that’s done, your friends who visit Coinbase can earn you the referral bonus if they make a trade (either buying or selling) worth at least $100 USD or the local equivalent. They have to do this within 180 days of creating the Coinbase account. They also have to allow time for orders to process (they can take 4 business days).
Other Information About Coinbase Referral
Using your referral link, you can connect your Coinbase referral system to Facebook, Twitter, email, and other accounts. You can also import your email contacts directly to Coinbase.
Once your friend clicks your referral link, they can sign up to Coinbase within 90 days, even if they close their browser, and you’ll still get the referral bonus. It has to be the same computer, however.
The Takeaway for Coinbase Investors
Coinbase referral can be very profitable for those with a large friend network. The site sets no limit on how many friends you can refer or how often you can redeem the bonus. By following the above steps, you can supplement your trading investment with referral bonuses.
