How does your referral program work?

Last Updated: Jan 13, 2014 11:46AM PST
The Coinbase referral program lets you and your friends earn free bitcoin.  When you refer a friend, you and your friend will each receive $5 worth of BTC from Coinbase after you have each completed a bitcoin purchase or sale of at least $100 worth of BTC.

Users you refer will need to sign up after clicking one of your referral links.  We make it easy to share your referral link on the referrals page.  Just click one of the buttons to share your link to Facebook, Twitter, via Email, or any of the other options.  You can also add a badge to your blog of website to earn referral bonuses over time and help support bitcoin.

Referral links look just like a link to except they have special code on the end to identity your account.  For example:

Once a user clicks your link, you will get credit if they sign up any time in next 90 days from that computer, even if they close the browser and come back later.  When you click some share buttons (such as the Facebook button) the special code may not be visible in the widget, but it will still be shared correctly when you post it.

There is no limit to the number of friends you can refer, although we do reserve the right to adjust the referral program rules in the future (so they may change in the future).

Why did my referral bonus not show up?

There are a few possible reasons:
  • The referred user must have signed up after clicking your referral link (and if they clicked multiple referral links they must have clicked your link last).
  • Referral bonuses are only paid if the user you referred verifies their account and completes a buy or sell of at least $100 worth of BTC.  The payout will typically arrives about 10 minutes after this.
  • It can take some time for payments to go out, and they may not arrive immediately.
  • We make an effort to watch for duplicate or fake accounts and don't pay out referral bonuses on these accounts.
Unfortunately we can't guarantee payout on every account you refer due to the limitations mentioned above and risk of fraud, but we make a good faith effort to do so whenever possible.

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