Top Crypto Bank Accounts Worth Signing Up for in the Current Year

Now is the perfect time to start investing in cryptocurrency if you haven’t already. With over 300 million crypto users worldwide, the market is rapidly growing and offers great potential for long-term investment and portfolio diversification. Bitcoin, in particular, has proven to be a standout currency, becoming one of the best-performing financial assets despite its relatively short existence since 2009. If you’re new to crypto or considering transferring your assets, there are several accounts worth considering.

When selecting a crypto account, it’s essential to look for ones that offer sign-up bonuses. You can easily identify these accounts by conducting an online search to find out which platforms provide incentives for new users. Below are some of the top crypto bank accounts that offer bonuses for sign-ups and transfers.

BlockFi

BlockFi is a trusted platform in the world of cryptocurrency investing, boasting over one million verified clients and managing assets totaling over $10 billion. Their user-friendly mobile app simplifies the process of buying, selling, and trading crypto assets, offering a seamless experience all from one place. Additionally, BlockFi allows users to borrow funds against their assets, enabling them to obtain loans while retaining ownership of their investments.

One notable feature of BlockFi is its rewards credit card, the BlockFi Rewards Visa Signature Credit Card. As the first-ever bitcoin rewards credit card, it offers users the opportunity to earn up to 3.5 percent back in bitcoin on every purchase. This introductory offer is capped at $100 in bitcoin and is valid for the first 90 days of card ownership, providing an enticing incentive for new users.

Kucoin

Kucoin is a popular choice among crypto holders worldwide, with one in four crypto users opting for its services. The platform’s user-friendly interface, coupled with round-the-clock customer support and a vast selection of over 500 different coins, makes it a go-to option for many investors. Additionally, Kucoin offers a unique social experience through its active presence on social media platforms, allowing users to engage with fellow investors.

For new users looking to explore Kucoin, there’s a welcome gift waiting. By opening a blind box online, you can receive a bonus of up to 500 USDT. While this bonus cannot be withdrawn, it can be used for trading purposes, providing newcomers with a valuable head start in their crypto investment journey.

Celsius Network

With Celsius, you can earn up to a 17 percent yield on your cryptocurrency investments. This platform boasts over one million users and is accessible via web browsers and mobile devices, offering convenience and accessibility. Users can purchase coins, borrow cash at a low one percent interest rate, and transfer funds with zero fees.

Existing cryptocurrency investors can also benefit from Celsius by earning free BTC simply by switching to the platform. By making first-time transfers within 30 days of opening an account and using a designated promo code, users can qualify for various rewards. Here are the current offers available for new users:

Transfer $100 or more and receive $10 in BTC.
Transfer $400 or more and receive $50 in BTC.
Transfer $25,000 or more and receive $500 in BTC.
Transfer $250,000 or more and receive $2,000 in BTC.

To stay updated on the latest transfer bonus offers, users can check the Celsius Network website regularly.

Bitcoin IRAs

Bitcoin IRAs offer another avenue to enter the world of cryptocurrency. These self-directed IRA accounts enable individuals to diversify their retirement portfolios and potentially earn capital tax-free or tax-deferred. If you’re already contributing to retirement accounts, opening a bitcoin IRA could provide a comfortable transition into the cryptocurrency market.

However, there are contribution limits to consider. Individuals under 50 can contribute up to $6,000 annually, while those aged 50 and above can contribute up to $7,000. Several platforms facilitate the process of setting up a bitcoin IRA, including Bitcoin IRA, BitIRA, Coin IRA, iTrustCapital, and BlockMint.

Learn More About Crypto Bank Accounts Online

Investing in cryptocurrency comes with its share of risks but also the potential for substantial earnings over time. For beginners, opting for a platform that offers free rewards upon signup can be a smart move. Promotions and welcome gifts provide an excellent opportunity to dip your toes into cryptocurrency without immediately committing more of your funds.

Before committing to a crypto account, it’s crucial to compare various platforms to determine the best fit for your needs. Look into factors such as trade fees, account pricing, and any hidden costs to avoid unexpected surprises down the line. Additionally, make the most of new user perks and utilize online resources to expand your knowledge of crypto investing.