7 Platforms Offering’ Free Crypto Money’ in October 2022 – crypto.news

Crypto offers have increased recently. Here are some of them.

An In-depth Look Into Crypto Offers

Crypto cash backs are given after processes involving money spending. Platforms refund a certain amount of money spent on their infrastructure or the platform itself. On the other hand, giveaways can be defined as reward systems that various platforms set up for their customers. 

This year’s crypto market has been mayhem, with the market cap dropping from $3 trillion to even below $1 trillion. There have also been a series of crypto projects that have gone bankrupt and, as a result, led to financial losses for investors. Crypto bonuses, cash backs, and giveaways are handy for crypto platforms and their customers. Crypto platforms can attract more users and keep them in the long term. As for the customers, it is a good way to accumulate more crypto over time. 

These giveaways and cash backs can be very rewarding for different types of crypto enthusiasts. For instance, those who are just starting in the cryptocurrency world but are not ready to jump into the market or those who strongly believe in its potential for growth and profitability.

Even though they are issued in small amounts, they could grow exponentially with the right investment strategies. In addition, they help maintain wholesome portfolios by hedging against market fluctuations. 

Summary of the ‘Free Funds’ Offered by the Platforms

Seven Platforms With Crypto Giveaways and Cash backs

Here is a breakdown of the platforms that offer crypto giveaways and cashback at the moment;

Binance

Binance is the largest crypto exchange based on trading volume. Traders enjoy high liquidity and low trading fees at 0.1%, making it one of the best crypto exchanges. Its Binance Academy has also been a great learning platform for all levels of traders to gain more knowledge of the crypto world, whether beginner or pro.

The exchange also hosts several crypto giveaways and rewards that are updated often. When new users register on Binance, they are eligible for welcome rewards of up to $100, as long as they are verified. In addition, users can earn referral bonuses on the sign-up and the Binance gift card. From October to November, Binance runs a gift card referral program whereby users can receive up to 7 MC and 3 DEGO Gift Cards for referring their friends.

Binance also offers an 8% BNB cash back every time users make an eligible purchase through the Binance Card, which is automatically deposited in your Funding Wallet. The platform also runs a P2P Offer of Zero Maker Fees in the HKD market. Each successful trade on these pairs will incur zero maker fees for makers who post new advertisements in fiat currency HKD. Notably, Binance also offers weekly and seasonal giveaways that you can check out for additional rewards.

Fold app

Fold app is a mobile app with two card types, the spin card, and the spin + card. The two differ in their payment plans, where the spin card is free while the spin + card has a monthly subscription of $10 and $100 for a yearly subscription. Users can access benefits on the two cards, including shopping in outlets such as Amazon. Notably, the cards are processed anywhere that accepts Visa Debit cards.

With the cards, there are several offers available, such as shown in the table above, including referral rewards, daily spins, and Bitcoin-back gift card rewards. Currently, the Fold app is only available to United States citizens. However, they plan to expand this outreach to include people from more countries. Here is the link to their main website.

Paypal

Paypal is one of the most well-known payment processors for small businesses and personal use. It offers a payment processing solution that features fixed fees and an easy setup for merchants. Paypal also works with digital assets, whereby its digital wallet supports cryptocurrencies.

On the platform, customers receive cash backs on different bank cards for shopping. The funds accrued from these cash backs can then be used by customers as fiat or for making crypto purchases under zero transaction fees.

Paypal also has a referral program that allows users to earn up to $100 by referring their friends. However, the referred person has to make purchases or trade with at least $5 for both parties to receive the reward. Depending on the season, Paypal also offers additional rewards to its customers, so it’s worth regularly checking out its website.

Crypto.com

Crypto.com is a prominent crypto exchange with a wide user base of over 50 million users who buy and sell over 250 cryptos at true cost. It offers a variety of giveaways and cash back. The platform offers five prepaid Visa Cards. The cards are accepted everywhere that accepts Visa, but you must load them before using them.  

Crypto.com offers cashback between 1% to 5% on spending, depending on the Visa Card. Crypto.com also offers a $25 giveaway in the referral program after referring a friend. They also offer up to 8% cash back in CRO for everyday use. Notably, the platform offers all its cash back in CRO, which you can invest.

Venmo

Venmo is quite popular in the peer-to-peer payment services industry. Besides offering low-cost services and fast transfers, the app is easily installed and widely compatible. Venmo offers up to 3% cash back on purchases in your eligible top spend category, up to 2% on purchases in your second eligible top spend category, and 1% on other eligible purchases.

It also offers up to $100 in referral bonuses, while referrers can earn up to 10 referral bonuses each at $10. Notably, they must spend $5 funded by a bank account or card and must be made to another user within 14 days of the referral link creation. In addition, new users who join the platform receive $10 when they sign up through a referral link. 

BlockFi

BlockFi aims to provide financial products and solutions to markets with limited access to traditional financial services through its credit services. The platform offers crypto cash backs ranging from 0.25% to 10%, as indicated in the table above. 

Notably, the 10% cash back is applicable for the brands and restaurants in partnership with the platform. There is also a 1.5% cashback on any transaction on the platform 0.25% on eligible crypto purchases and trades up to a maximum of $500 in crypto each month. A 2% cash back is also rewarded to users who spend over $30K annually. 

Every person who signs up for BlockFi using their referral code will receive $10 in Bitcoin when they deposit $100 or more into their account. Before your friend can receive the bonus payment, they must first hold the funds for 30 days. 

If you have a BlockFi Rewards Credit Card, you will each receive an additional $30 in bitcoin. Notably, after five referrals, you’ll start earning an extra $10 BTC bonus for all additional referrals. In addition, there is a $25 Bitcoin bonus on new accounts with rewards in tiers.

Additionally, the platform offers seasonal prizes and giveaways, so keep researching and following it closely.

Gemini

With a wide variety of features and a good user experience, Gemini is a great choice for both experienced traders and beginners. Visa and Mastercard are working with various crypto space service providers. One of these is Gemini, which has partnered with Mastercard to launch the Gemini Card. This card provides users with 3% cash back on their trades. There is a 3% back on dining (up to $6,000 in annual spending, then 1%), 2% on groceries, and 1% on other purchases.

You can also spend $1,500 following card activation in your first month and unlock a limited edition animated NFT. Gemini also offers $5 in BTC for new users on the platform. There is also a $10 referral bonus when you refer a friend to sign in on the platform once your friend buys or sells $100 or more within 30 days of creating their account. 

Final Thoughts

The crypto space has numerous bonuses that are spread across different platforms. These can be very useful for investors as they allow them to buy more coins without spending much money. Some platforms even offer zero fees on investments. These provide ways investors can earn money to meet their trading needs during these difficult economic times. 

One of the most common tasks that investors must complete to earn rewards is signing up on a certain platform for the first time. This type of bonus can be found on various platforms, such as Binance, BlockFi, and Crypto.com. After the login bonuses have been issued, these platforms reward users for completing various tasks, such as first deposits, withdrawals, and trades. They also have various reward programs, such as competitions in trading.

Meanwhile, there are various advantages and disadvantages to investing in crypto, and it is important to consider the risks involved. One of the most important factors that investors should consider is the ability to minimize the risks and crypto giveaways and cash backs are one way to achieve this as an investor. 

Notably, the platforms mentioned offer different rewards from time to time, hence you should strive to stay updated through their social media platforms and websites.