New user incentives

Below you'll find information about Coinbase's new user incentive offerings. Please read the guidelines carefully as offerings will vary.

Eligible customers may receive either $20 or $100 in USD Coin (USDC) as cashback based on the total trading volume executed through the Coinbase Advanced API during the promotion period (the reward), subject to the terms and conditions below.  

The promotion starts on November 1, 2023 at 4:00 PM (UTC) and ends on December 1, 2023 11:59 PM (UTC) (the promotion period).

Eligibility

To be eligible for the Coinbase Advanced API Promotion and reward, you must meet the following requirements:

  • Only first-time API traders on Coinbase Advanced are eligible to earn a reward under this program or Coinbase trader who have not traded on Coinbase Advanced API in the last six (6) months.

  • The total trading volume executed by through the Coinbase Advanced API during the promotion period must be at least $10. 

    • If the total trading volume is greater than $100,000, you will be eligible to receive $100 in USDC.

    • If the total trading volume is less than $100,000, you will be eligible to receive $20 in USDC.

Promotion terms and conditions

  • The reward shall be available only while supplies last.

  • The total prize pool amount for the reward is $30,000.

  • The reward will be limited to one (1) payout per customer.

  • The reward will be automatically credited to successful customers’ Coinbase accounts within 21 days of the ending of the promotion period.

  • Coinbase will calculate the total trading volume executed by a customer at its sole discretion.

  • Customers should practice caution while sharing their API keys.

Additional terms and conditions

  • Limited time offer.

  • Coinbase reserves the right to revoke any offer at its sole discretion.

  • Coinbase reserves the right to change the Terms, eligibility criteria, and payouts for all offers at any time, for any reason.

  • Coinbase reserves the right to exclude any participants from this offer. Coinbase employees are not eligible to participate.

  • Coinbase reserves the right to interpret these Terms at its sole discretion.

  • Void where prohibited or if Coinbase determines that the customer is not eligible for the offer.

  • Value of USDC payout determined by Coinbase at the time of deposit.

  • Your payout may increase or decrease in value after it's deposited into your account as a result of market developments, legal and regulatory developments, or other factors affecting the cryptocurrency industry.

  • This program is subject to and governed by the Coinbase User Agreement and the terms included on this page (collectively, the "Terms"). Learn more about geographic eligibility.

  • Not available in the UK.

Eligible US residents (excluding Hawaii) will be presented with an opportunity to spin the wheel of rewards once they successfully create an account and buy their first cryptocurrency.

Coinbase may, from time to time and at its sole discretion, make this reward available to users in other territories, subject to applicable law.


To spin the wheel:

  1. Create a Coinbase account.

  2. Complete your first purchase of cryptocurrency.

  3. Spin the wheel of rewards.

 You’ll receive your reward, in either USD or Bitcoin, in your portfolio shortly.

Additional terms

  • Valid for new Coinbase users who make a cryptocurrency purchase on Coinbase

  • All new users who spin the wheel will randomly receive a reward, in either USD or Bitcoin, determined by Coinbase in its sole discretion, between $3 - $200

    • 89% percent of new users who spin the wheel will receive a reward between $3 - $5 in USD or Bitcoin 

    • 11% percent of new users who spin the wheel will receive a reward between $6 - $200 in USD or Bitcoin 

  • Limited while supplies last or Coinbase revokes this incentive at its sole discretion

  • Coinbase reserves the right to change the terms, eligibility criteria, and payouts for all incentives at any time, for any reason

  • When Coinbase makes this reward available to users outside the US, it may vary the payout amount from those stated above, at its sole discretion

  • The spin the wheel reward offer can't be combined with any other offer or promotional code

  • Void where prohibited or if Coinbase determines that the customer is not eligible for the offer

  • All new user accounts are subject to internal policy reviews

  • Value of reward determined by Coinbase at the time of deposit may differ from the reward displayed after spinning the wheel

  • Your reward may increase or decrease in value after it's deposited into your account as a result of market developments, legal and regulatory developments, or other factors affecting the cryptocurrency industry

The Coinbase New User First Buy Spin The Wheel Incentive is subject to and governed by the Coinbase User Agreement and the Additional Terms included on this page (the "Terms"). If there is any conflict or inconsistency between the Coinbase User Agreement and these Terms, these Terms control. Learn more about geographic eligibility.

How it works

  1. Create an account at coinbase.com.

  2. Within ninety (90) days of creating your account, you must:

  3. Once you create an account and purchase cryptocurrency, you'll receive the amount and type of cryptocurrency corresponding to the promotional code redeemed in your Coinbase balance.

    • The amount and type of cryptocurrency is displayed at the time of sign up and redemption of a valid promotional code.

How do I know this email or social media post about the Coinbase new user incentive is legitimate?

  • Coinbase will never ask you to send funds

  • Coinbase emails will always come from no-reply@coinbase.com or mail@coinbase.com

  • Check the URL to make sure it directs you to coinbase.com

If you encounter any scams or phishing, please report them to security@coinbase.com.

Additional terms

  • Valid for new Coinbase users who have not previously created an account

  • Not available to new users who were referred to Coinbase from the Coinbase Referral Program or to users who have preexisting Coinbase accounts using a different email address

  • Cannot be combined with the Coinbase New User First Buy Spin The Wheel Incentive

  • Limited time offer

  • Coinbase reserves the right to revoke any offer at its sole discretion

  • Coinbase reserves the right to change the terms, eligibility criteria, and payouts for all offers at any time, for any reason

  • Void where prohibited or if Coinbase determines that the customer is not eligible for the offer

  • Value of cryptocurrency reward determined by Coinbase at the time of deposit

  • Your reward may increase or decrease in value after it's deposited into your account as a result of market developments, legal and regulatory developments, or other factors affecting the cryptocurrency industry

  • All new user accounts are subject to internal policy reviews

The Coinbase new user first trade promo code incentive is subject to and governed by the Coinbase User Agreement and the Additional Terms included on this page (the "Terms").