In this article we will discuss what is important to consider when companies offer different types of Bitcoin trading bonuses. We will clarify what the different terms Bitcoin deposit bonus, free Bitcoin bonus, or no deposit Bitcoin welcome bonus means. Generally, you should pay attention to these offers because there are always special terms and conditions that must be met before you can withdraw the bonus. You should never think that you get money for free without any consideration. Furthermore, this can be a very good way to get an addition to your first trading account, which in turn does not entail any extra sacrifices on your part if you still intended to start trading with a broker.
In this article we will explain what a bonus means and how to think about a trading bonus. We will answer these questions:
• What is a Bitcoin Trading Bonus?
• What are the different types of Bitcoin trading bonuses?
• Is it worth looking for Bitcoin Trading bonus?
• What counter-claims are there?
• Which trading platforms offer the best bitcoin bonuses?
What is a Bitcoin trading bonus?
A Bitcoin trading bonus is a contribution from trading broker to your trading account. There are many different names or definitions of trading bonuses that we discuss in the next section. The companies offer different types of bonuses to attract beginners and first-time traders. It can be a good addition if you want to test a platform or if you are a beginner who wants to get some extra capital to start your crypto trading career with. It should not be seen as free money because they always require a counterpart. However, they can be seen as an addition that can, if well used, be a very valuable addition to your trading account.
Is it worth looking for Bitcoin Trading bonus?
There are different names and more different definitions of different types of bonuses. It is important that you are aware of the bonus you are offered. We will discuss the different Bitcoin bonuses:
• Bitcoin deposit bonus
• Free Bitcoin Bonus
• No deposit Bitcoin welcome bonus
Bitcoin deposit bonus means that they must make a deposit to get the bonus. Then there is a requirement that you must wager the deposit a certain number of times before you can withdraw the bonus. This is the most common bonus type. This type of bonus often expresses a certain percentage and a maximum. Example: 100% Bitcoin deposit bonus up to 0.01 BTC. This means that the company doubles your deposit with a maximum of 0.01 BTC.
Free Bitcoin Bonus means that you get free Bitcoin to the account just by signing up. This should be viewed with a little caution as this is usually only offered by less serious actors, but sometimes large players can run large campaigns with similar offers.
No deposit Bitcoin welcome bonus is another word for Free Bitcoin Bonus
Is it worth looking for Bitcoin Trading bonus?
If you are an experienced trader looking for a new platform then there is no value in looking for bonuses. It is much better to spend time on the factors that are important to your trading. If you are at the beginning of a trading career, it can be a way to utilize these bonuses because you minimize your risk and get the chance to test different crypto trading platforms. It is also for these traders that bonuses exist from the beginning.
What terms and conditions are there?
Generally speaking, this can be said about terms and conditions regarding trading bonuses
• There are always terms and conditions. The terms and conditions require more from you if the bonus is higher. Companies do not give away money for free
• Simply put, when the terms and conditions are met it can be said, in many cases, that the company has gone plus minus zero on your trading and the bonus given. Thus, a $ 50 trading bonus means that you will have paid about $ 50 in fees before you can withdraw this money.
Which trading platforms offer the best bitcoin bonuses?
Currently, March 2019, the following companies offer the best bitcoin trading bonus.
Delta Exchange offers a 100% Bitcoin deposit bonus, up to 0.01 BTC. That is, if you deposit 0.01 BTC, Delta Exchange adds 0.01 BTC to your account.
When you sign up and buy or sell Bitcoin for at least $ 100, you get $ 10 free Bitcoin bonus.
If you our interested in reading more about the Best Bitcoin Trading Site, we have a full length article about this topic in our blog.
Summary - Best Bitcoin Trading Bonus
In this article, we have discussed how to think about the Bitcoin trading bonus. We have mainly demonstrated that this is most suitable for beginners who want to test on trading and explore different platforms. Offers are usually not so good that you have to spend lots of time just to find platforms that offer bonuses. Either way, they can be a very good addition at the beginning of a trading career and a good opportunity to get a little more space to make their first beginner’s break with little extra capital at the checkout.