The eToro sign up bonus aims to kickstart your trading journey on eToro, one of the most popular crypto trading platforms. Take advantage of this exceptional opportunity to optimize your trading experience.
In the subsequent sections, we will explore the specifics of these exclusive promotions, emphasizing their potential to provide you with a significant advantage as you embark on your trading journey. We will also provide a comprehensive guide to help you reap the benefits.
What Is the eToro Welcome bonus?
The eToro welcome bonus is one of the best sign up bonuses as it consists of two options. For starters, anyone who opens and verifies their eToro account for the first time through their website or mobile app is eligible for a $10 crypto sign up bonus.
To find out if this offer is available to you during this promotional period, simply register a new account and during the registration process, an offer screen will pop up.
If the offer appears, you can choose one of the following virtual currencies for your bonus: BTC, ETH, DOGE, SHIBxM, LTC, COMP, LINK, BCH, or XLM.
The second welcome bonus is provided under the referral program and it boasts a $30 reward that’s released once a new user deposits at least $100 therefore, functioning as both a sign-up and deposit bonus.
What Reward Does the Referral Code ABC Offer?
The eToro referral code offers a rewarding opportunity for both you and other traders or friends. When you refer a friend to eToro using your unique referral code, and they fulfill the registration criteria, you can enjoy a special bonus of $30.
Once you and your friend complete the verification process, the referral bonus amount will automatically reflect on your account. You also have to have made an initial deposit to your trading account and the best part is, unlike some exchanges, there’s no minimum deposit amount required for you to receive this deposit bonus.
What Are the Terms and Conditions?
Understanding the guidelines and requirements is essential as it can affect eligibility, duration of validity, and much more. To ensure a seamless process here are some of the terms and conditions for eToro’s sign-up bonus:
- You have to complete the verification process to claim the welcome bonus.
- The bonus is exclusively offered to new users only in the United States.
- The bonus position will be initiated in your account at the market price of the chosen cryptocurrency at the time of the grant.
- Just like any other crypto trades, you have the flexibility to adjust the stop loss and/or take profit levels once you have opened a position. Additionally, you have the freedom to close the position whenever you choose, and the corresponding USD funds will be promptly transferred to your available balance.
- Unfortunately, transferring the bonus position to your eToro crypto wallet is impossible due to the minimum per-transfer amount requirement, which is higher than the $10 bonus amount.
- The fees for the bonus position are the same as a regular crypto position, including the 1% fee and market spread as outlined on their fees page. It’s important to note that you may be subject to taxes on the bonus position, just like any other trade on the eToro platform.
Below are some of the important terms and conditions for the eToro’s referral program welcome bonus:
- To be eligible as the referring friend, you must meet the following criteria: you must be an existing eToro customer, and you must have already made a cash deposit in your eToro account or plan to deposit within 30 days of your referred friend’s registration of their eToro account.
- In order for your friend to be eligible, they should not have registered with any of eToro’s websites or mobile apps prior to the referral, and within 30 days of clicking the “Refer a Friend” link, they must complete their registration with eToro and ensure the initial deposited funds are at least $100 from your bank account or eToro money account.
- Both the referring friend and the referred friend must complete the account verification process following eToro’s policies and procedures.
- Unfortunately, customers of other eToro entities located outside of the United States are not eligible to participate in this eToro promotion. Therefore, the eToro sign up bonus in the UK is unavailable.
None of these bonuses require an eToro coupon during redemption. It is essential to visit the eToro official website to view the full terms and conditions attached to these bonuses.
How to Get the eToro Sign up bonus?
Registering on eToro and receiving the Sign Up bonus is quick and easy. Just follow the steps below, and you’ll be on your way to enjoying the benefits of the bonus.
Sign up
To begin the process of claiming the eToro sign up bonus, visit the official eToro website or download their mobile app. On the website, look for the button labeled “Join Now” and click on it.
You will be directed to a web page where you’ll find a registration form to fill out. Make sure to review the terms and conditions before you complete the registration. Once you’re ready, click on “Sign up” to complete the process.
eToro Sign Up Page
Verify your account
For verification purposes, you’ll be asked to upload two important documents: a proof of identity (POI) and a proof of address (POA). Simply use the eToro app to scan your documents directly onto the platform.
Examples of acceptable POA documents
According to the eToro team, a passport is preferable as the proof of identity as processing for it is quicker.
eToro’s guidelines state that your proof of address (POA) document should include your full name, address, and an issue date that is no older than 3 months.
After submitting your verification documents, note that the verification process may take a few days.
And, to keep track of the progress, you can also check your verification status directly on the eToro platform. Verified accounts are distinguished by a green tick next to your username on your profile.
Uploading instructions for your POI on eToro
Claim your bonus
Once your account verification is complete, a $10 crypto position will automatically appear in your portfolio.
You can view your bonus in your Account history labeled as “Promotion”. It will also be listed in your account statement under the “Type” column as an “Airdrop”.
Additionally, eToro will send you an email to confirm the details of the bonus offer. Keep an eye on your account history, statement, and email inbox for all the relevant information regarding your bonus.
If you sign up using your friend’s referral link, both of you will have a chance to earn a $30 reward. Simply deposit at least $100 to your trading account to claim the $30 welcome bonus.
Additional eToro Bonuses: The eToro Affiliate Program
The affiliate program is designed for individuals in the digital marketing field, including crypto professionals who specialize in blogging and vlogging, podcasters, financial and crypto news website owners, social media marketers and influencers, owners of comparison websites, mobile marketers, app owners, and financial educators.
You simply copy eToro’s affiliate link and add it to your content. Whenever a visitor clicks on any of your partner links, they will be redirected to the eToro website. There, they can explore the platform’s social investment network, create an eToro account, and fund their trading account.
The eToro USA LLC Partners program diligently tracks the traffic you refer and ensures that you receive compensation based on your commission plan.
eToro Affiliate Program
Conclusion
eToro USA LLC has a sign-up bonus that presents a great opportunity for new users to enhance their cryptocurrency trading experience. Whether through the welcome bonus or the refer-a-friend program, eToro aims to reward you for your participation.
The transparent terms and conditions ensure clarity regarding eligibility criteria, verification processes, and potential fees, allowing you to make informed decisions.
Visit the eToro official website for the latest details and start trading with a boosted account balance.
FAQs
Does eToro have a referral code?
eToro USA LLC does offer a referral code. By referring your friends to eToro, both you and the person you refer, can enjoy certain benefits including a $30 bonus.
To find your unique referral code and learn more about the program, you can visit the eToro website and navigate to the “Invite Friends” section.
How do I invite friends on eToro?
To invite friends on eToro, you can follow these steps:
- Sign in to your eToro account.
- Navigate to the menu and click on “Invite Friends”.
eToro menu
- You will be provided with a unique referral link or referral code that you can share with your friends.
eToro’s ‘Invite Friends’ page
- You can choose to share the referral link directly through various communication channels such as email, social media platforms, or messaging apps.
By inviting your friends to join eToro using your referral link or code, both you and your friends can enjoy certain benefits as part of the eToro referral bonus program.
How to get free money on eToro?
Getting free money on eToro is a perk only offered to crypto traders who are new to the eToro USA LLC trading platform. This offer is also limited to new traders in the US. Simply sign up and complete the verification process to get a $10 crypto bonus.
