8 Best Crypto Giveaways for May 2024

Crypto giveaways offer a great way to obtain free digital tokens. They are many different ways to earn free crypto in various formats in the space and the giveaways often allow investors to gain exposure to emerging crypto projects.

New cryptos often launch giveaways, airdrops or promotions to help promote their project, while crypto and NFT games often include them to keep an active and engaged player base.

Read on to discover the 8 best crypto giveaways for 2024.

The Top 8 Crypto Giveaways Open Now

Looking for the best crypto giveaway? Here are our top picks for May 2024:

  1. CoinPoker – Leading online poker platform with poker freeroll tournaments.
  2. 99Bitcoins – Learn-to-earn platform offers generous staking APY and an airdrop worth $99,999.
  3. Smog – A new multi-chain meme coin prepares for the greatest giveaway of 490 million tokens.
  4. OKX – Crypto exchange known for its regular promotions and giveaways.
  5. CEX.io – Crypto exchange frequently hosting trading competitions.
  6. KuCoin – This leading crypto exchange often has rewarding promotions.
  7. Nexo – A fintech platform that rewards users with high staking APY.
  8. TradeStation – This SEC-regulated brokerage platform offers new users rewards.

Reviewing at the Best Free Cryptocurrency Giveaways

The crypto industry is flooded with promotions, giveaways, and airdrops. While some offer access to new presale tokens, others reward crypto enthusiasts with established assets such as Bitcoin and Tether.

Below, we discuss some of the best crypto giveaways to claim right now.

1. CoinPoker – Participate in Poker Freeroll Tournament to Earn Prizes

CoinPoker has redefined the concept of a crypto giveaway with its frequent freeroll tournaments, providing a fresh take on earning cryptocurrencies through skill and competition. With no entry fees, players have no upfront cost but stand a chance to win real money prizes paid out in Tether (USDT).

Participants only need to download the CoinPoker client and go to the “Tournaments” section. Upon entry, they receive free chips, setting the stage for their journey in online poker games. The real excitement comes as players earn their winnings through gameplay, turning the conventional idea of a “crypto giveaway” into a merit-based reward.

CoinPoker Giveaway

The freebuy tournaments occur monthly, not just during special events, offering regular opportunities to win a significant share from a monthly pool of 15,000 USDT. This consistent schedule aligns with CoinPoker’s commitment to providing an accessible and rewarding platform.

Further establishing its reputation, CoinPoker caters exclusively to cryptocurrency users and regularly rolls out appealing promotions. The platform is well-known for its extensive week-long tournaments, which draw large crowds and feature hefty prize pools.

Additionally, newcomers to CoinPoker can benefit from a matched deposit bonus of up to 1100 USDT and an impressive 33% rakeback, enhancing the appeal for new players to join and participate in this vibrant online poker community.

Platform Type Crypto Casino
Supported Crypto Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Solana, Polygon
Giveaway Type Tournament Based
Entry fee N/A
Size of the Prize Pool 15,000 USDT

2. 99Bitcoins – Over 19,000% Staking APY And $99,999 Worth of Tokens Airdrop

99Bitcoins is a popular crypto learning platform that is moving to the next level. Designed to reward active participants who learn about crypto, the new $99BTC token is also rewarding early investors who stake the token during the presale, as well as those who complete tasks to earn a portion of the airdrop.

Buy the token on the 99Bitcoins Token presale page using ETH, USDT, BNB or a card, and stake it to earn over 1350% APY during the early presale stages.

99Bitcoins earn free crypto

To participate in the $99,999 worth of $99BTC token airdrop, complete tasks like following 99Bitcoins on X and joining the 99Bitcoins Telegram channel.

At first, the $99BTC token will work on the Ethereum network but the team plans to bridge to Bitcoin’s BRC-20 token standard, which opens up DeFi capabilities on the Bitcoin blockchain.

Staking on 99Bitcoins

Make sure to read the 99Bitcoins whitepaper to learn more about the roadmap and the tokenomics of this exciting new project.

Presale Started April 2024
Purchase Methods ETH, USDT, BNB, Card
Blockchain Ethereum
Minimum Investment N/A
Maximum Investment N/A

3. Smog – The Largest Solana Airdrop of 490 Million Tokens

After the massive success of Bonk, Myro and Dogwifhat, Smog ($SMOG) is the latest meme coin aiming to take over Solana via a generous giveaway. Unlike these meme coins that are exclusively on Solana, though, $SMOG is a multi-chain token.

To take over Solana and other blockchains, the team has dedicated 490 million tokens, which is a third of the total $SMOG token supply, for an airdrop to eligible wallets. One way to get a piece of this major giveaway is to earn airdrop points.

Here’s how: buy $SMOG tokens, hold them, and participate in the Zealy campaign to complete quests for airdrop points. When the time comes, the team will airdrop your $SMOG tokens.

Smog token page

Since this is a fair launch and not a token presale, there are two ways to buy $SMOG tokens to earn airdrop points: buy them on a decentralized exchange such as Jupiter with SOL or USDC, or buy them on the Smog website with ETH or USDT. For Solana purchases, you need is a compatible wallet like Phantom, Solflare or Backpack, and some SOL coins to pay the transaction fees. Connect your wallet to the Jupiter website and use SOL, USDT or USDC to complete the purchase.

The Smog tokenomics are straightforward: 1.4 billion tokens in total, half of which will be used for marketing. And this is no surprise, given this is a meme coin, and hype is a major catalyst that can push it above other tokens. Solana’s meme coin Bonk returned over 12,000% within a few months in late 2023. If everything goes smoothly, $SMOG could repeat Bonk’s success.

While you wait for a token airdrop, stake your $SMOG tokens on the Smog website to earn 42% APY.

Learn more about this project in the Smog whitepaper and follow Smog on X and join the Smog Telegram channel for the latest project information.

Presale Started Not a presale
Purchase Methods SOL, USDT, USDC or any other Solana-based token
Blockchain Solana
Minimum Investment N/A
Maximum Investment N/A

4. OKX – Win 50,000 USDT or a Tesla Through a Trading Competition. 

Leading crypto exchange OKX is holding a trading competition with huge prizes up for grabs. Winners can choose from $50,000 USDT or a brand-new Tesla, with the exchange providing users with five raffle tickets for every $10,000 USDT traded.

As such, the more traded at OKX, the greater the odds of winning – ttis promotion has already given out an iPhone 14 Pro, MacBook Pro, Manchester City FC tickets, and a holiday to the Maldives.

OKX giveaway

OKX is also offering a generous giveaway to those opening an account for the first time. This comes in the shape of a Golden Mystery Box for new users who make an initial deposit of at least $50 USDT.

The box can contain crypto prizes worth up to $10,000.

5. CEX.IO – Leading Crypto Exchange With a $5,000 Giveaway

CEX.IO is a cryptocurrency exchange that allows users to buy, sell, and trade dozens of digital assets. It was founded in 2013 and has since become one of the most trusted crypto platforms globally. In addition to trading services, CEX.IO also features free crypto giveaways and tournaments.

Currently, the platform is running a trading competition with $5,000 in rewards, with users able to enter by trading on the Exchange Plus segment of the platform. CEX.IO is offering $1,000 to the top trader. Those in second and third places are offered $500 and $450, respectively.

CEX.io

The platform rewards traders ranking within the top 10 positions and CEX.IO will also randomly pick 12 participants, rewarding them with $100 each. The prizes are paid out in USDT, and the scores are updated weekly.

CEX.IO has previously hosted some of the best crypto giveaways in the blockchain space. For instance, in March 2023, the platform gave away 500 USDT to winners of a mini-trading tournament – users will also find cashback offers and promotions for staking rewards.

6. KuCoin – Win A Share of $40,000 CETUS Tokens via a Listing Campaign

Founded in 2017, KuCoin is a crypto exchange best known for its user-friendly interface. The platform frequently hosts promotions in partnership with new crypto projects. Currently, KuCoin is running a listing campaign for the Cetus protocol.

Cetus is a new decentralized and concentrated liquidity protocol that operates on the Sui and Aptos blockchains. The KuCoin-Cetus campaign started on May 10, 2023, and will last until May 17. The campaign takes place in three stages, each offering different rewards.

KuCoin crypto giveaway

For instance, the first stage offers a share of $9,000 CETUS tokens to newly registered KuCoin users. To qualify, users must have a trading volume of at least 1,000 CETUS. For the second stage, KuCoin users should pass the KYC procedure and invite at least one new customer with their referral code.

During the last phase, the top 400 users with the highest CETUS trading volumes will qualify to win a share of $20,000.

7. Nexo – New Users Get $25 Worth of Bitcoin

Nexo is one of the best crypto exchanges for beginners, with the platform offering crypto staking, lending, and digital wallets. Users can also apply for a crypto credit card to spend their digital assets in the real world.

Nexo is currently running an excellent referral program, allowing users to earn free Bitcoin – the platform is offering $25 worth of Bitcoin to new users who create an account via a referral code.

Nexo

However, to claim the reward, users have to also verify their identity and top up their Nexo accounts with $100 worth of digital assets.

Users can buy crypto directly or add funds from another wallet. Interestingly, the deposited funds will begin earning an APR of up to 15%.

8. TradeStation – Get an Onboarding Bonus of $150 Worth of Bitcoin

TradeStation, a US-based broker, is offering one of the best crypto giveaways for new users. Here, the welcome bonus stands at $150 worth of Bitcoin.

However, like Nexo, users have to complete a few requirements to qualify. The first condition is to use the promo code ‘NERDAGCT’ while signing up. Then users have to buy or deposit $500 worth of supported crypto in their TradeStation account. This portfolio balance should also be maintained for two months.

Tradestation crypto promo

The reward will be offered in two $75 payments, distributed in BTC. This offer will appeal to traders that are yet to enter the world of crypto.

Just be sure to read the terms and conditions before claiming the offer.

How do Crypto Giveaways Work?

A crypto giveaway involves distributing digital tokens to participants for free, or in exchange for performing specific actions.

Crypto giveaways enable people to earn free tokens and are conducted for various reasons and in various methods. For instance, a giveaway can help increase awareness of a new cryptocurrency project, attract new investors, or encourage existing users to engage with a platform.

Crypto giveaways can take various forms, including airdrops, faucets, an online lottery, competitions, and contests – what’s more, there are also opportunities to earn free crypto by playing the best NFT games.

Some of the best play-to-earn games in the market, such as Tamadoge, also offer rewards in the form of digital tokens but the eligibility and prize terms of a giveaway vary depending on the platform.

For instance, some promos require users to engage with their social media pages and others need investors to buy lottery tickets or digital tokens.

Nevertheless, the overarching idea is to drive engagement to help promote the platform or project.

Are There Any Catches to Crypto Giveaways?

Giveaways can be a great way to earn free crypto. However, it is important to research a giveaway before participating in it.

Below are some considerations to make when searching for the best crypto giveaways.

  • Requirements: Some crypto giveaways need participants to complete certain tasks, such as following social media accounts or referring friends. Be sure that each step is completed to qualify for the giveaway.
  • Limited-time offers: Crypto giveaways may only be available for a limited time. Therefore, investors need to act quickly to take advantage of them.
  • Volatility: Cryptocurrencies are known for their volatility. Hence, the value of the rewards earned through giveaways can fluctuate greatly. Investors should be prepared for this risk.
  • Tax implications: Depending on the country of residence, there may be tax implications for receiving cryptocurrency as a giveaway. Investors should consult a tax professional to understand their obligations.
  • Check prize terms: Investors should carefully check the giveaway terms so they are not signing up for something different to what they expected.

Above all, users should be wary of fake crypto giveaways. These are scams designed to trick investors into giving away their personal information, wallet address, or crypto assets – as such, investors need to be cautious to ensure the giveaway is legitimate.

Where to Find Free Crypto Giveaways 

Giveaways are becoming increasingly popular in the crypto community and has led to many projects and platforms offering crypto promotions.

However, not all crypto giveaways are legitimate – to find the best crypto giveaway in 2024, consider using the following tactics.

Check Social Media 

Social media is a popular way to spot new crypto promotions. This can be done by following verified crypto projects, exchanges, and influencers on platforms like Twitter, Telegram, and the best crypto Discord groups.

These entities regularly announce giveaways, airdrops, and other promotions to their followers. Additionally, it’s also possible to find promotions by searching for hashtags. For example, using the hashtag #crypto-giveaway or #airdrop may lead to posts about ongoing promotions.

Scour Online Forums 

Online forums like Reddit are excellent sources for finding the best crypto giveaway offers.

Dedicated subreddits, such as r/CryptoMarkets, and r/CryptoCurrency, are often used by new projects to publish information on promotions.

It’s worth joining these subreddits to be alerted about new giveaways.

Visit Crypto News Websites 

Another way to find the best crypto giveaways is through industry news websites.

There are many crypto news websites that publish articles about giveaways, promotions, and airdrops. Some of these articles are sponsored by the respective project but are useful nonetheless.

Online Lotteries 

Some of the best crypto giveaways are distributed via a lottery ticket system. In order to obtain tickets, users must complete certain tasks.

Wondering where to play online lottery to win free crypto? Check out the ongoing OKX trading competition. For every 10,000 USDT traded, five lottery tickets are earned – the winner will walk away with 50,000 USDT or a brand-new Tesla.

How to Enter a Crypto Giveaway

To participate in a crypto giveaway, users need to follow the specific instructions provided by the organizer.

For instance, participants may have to:

  • Fill out a form
  • Provide a public wallet address
  • Share posts on social media
  • Buy digital tokens via presale
  • Trade tokens
  • Participate in competitions

We also found that some of the best play-to-earn games offer regular giveaways to attract new players.

Moreover, with some crypto giveaways, users must complete more than one task to collect points. Even then, the giveaway might be offered only for a selected number of participants via random draws.

Additionally, the amount of cryptocurrency distributed can vary, with some giveaways offering small amounts and others giving away substantial sums.

Are Crypto Giveaways Legit & Legal?

Crypto giveaways are often legit and legal. However, it ultimately depends on whether or not it is conducted by a reputable and trustworthy entity. Under no circumstances should the user need to give their wallet’s private keys to enter a giveaway promotion.

The crypto space is teeming with giveaway scams. Scammers exploit promotions to acquire sensitive information, such as private keys. Therefore, it’s important to be cautious and conduct research before participating in any giveaway.

Investors can verify the reputation of the giveaway provider to ensure the legitimacy of the promotion. This can be done by researching the project or exchange that’s conducting the giveaway.  Additionally, individuals should carefully read the rules and prize terms of the giveaway to be aware of the requirements.

If done correctly, giveaways can be a great way to get involved in the crypto world and potentially reap some rewards.

Conclusion

In summary, we have discussed the best crypto giveaways and how interested parties can participate in them.

We found that CoinPoker is offering the best crypto giveaway right now. This online poker platform allows users to enter CoinPoker Freebuy tournaments and play poker games without paying an entry fee.

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Kane Pepi
Editor
Kane Pepi
Editor

Kane Pepi is an accomplished financial and cryptocurrency writer who has an extensive portfolio of over 2,000 articles, guides, and market insights. With his expertise in specialized subjects such as asset valuation and analysis, portfolio management, and financial crime prevention, Kane has built a reputation for providing clear explanations of complex financial topics. He holds a Bachelor's Degree in Finance and a Master's Degree in Financial Crime, and is currently pursuing his Doctorate degree, which focuses on investigating the complexities of money laundering in the cryptocurrency and blockchain technology sectors. Kane's wealth of knowledge and experience in the field make…