CoinSpot Referral Code ($20 FREE BTC)

Affiliate Disclosure: This page contains affiliate links. When you sign up through our links, we may earn a commission at no extra cost to you. This may affect how and where crypto exchanges appear on this site. We do not compare every exchange in the market. Learn more. We do not compare every exchange available in Australia.
Important: This information is general in nature and does not take into account your objectives, financial situation or needs. Crypto assets are high risk and volatile. Margin and derivatives trading can lead to significant losses.

Referral Code

Sign-up bonus
$20 FREE Bitcoin
Deposit required
$1 minimum
Referral / promo code
CFM5Q7
Eligibility
New Australian users
Claim $20 Free BTC →
Code CFM5Q7 applies automatically

How to claim $20 FREE Bitcoin on CoinSpot

There are 5 simple steps to receive CoinSpot’s $20 Bitcoin referral bonus:

  1. Click on this link to activate the promo code and you will be automatically redirected to the CoinSpot website.
  2. Sign up to CoinSpot using this Referral Code: CFM5Q7
  3. Confirm your email address and identity.
  4. Deposit at least $1 into your CoinSpot account.
  5. FREE $20 Bitcoin will be automatically deposited in your CoinSpot account.

Please note: CoinSpot is only available in Australia. If you don’t live in Australia, you can claim FREE Bitcoin or FREE crypto from these crypto exchanges:

   – Margex referral code: $100 USDT BONUS

   – MEXC referral code: $30 USDT FREE

   – Bybit referral code: $10 BTC FREE

Does CoinSpot offer promo codes?

Yes, CoinSpot has promo codes, also known as an affiliate or referral code. If you have searched for other sign-up offers, you may notice that it is usually $10 free Bitcoin, but at Marketplace Fairness, we have secured double the amount of FREE crypto for our readers in 2026: $20 FREE Bitcoin!

To receive $20 Bitcoin for free, use this code: CFM5Q7

You can also click the link below to sign up and receive $20 BTC free.

https://www.coinspot.com.au/register/?affiliate=CFM5Q7

How do I claim free $20 Bitcoin on CoinSpot?

To claim your free $20 Bitcoin, click this link to go directly to the CoinSpot website, then click “Register” to create a new account. After verifying your identity on CoinSpot, make a deposit (any amount over $1) and your account will be credited with $20 FREE BTC.

What does CoinSpot referral or affiliate code do?

When you register a new account on CoinSpot using the referral code, you receive $20 Bitcoin for FREE! 

CoinSpot sign-up bonus explained

The CoinSpot sign-up bonus gives new Australian customers $20 of free Bitcoin, and it’s one of the easiest welcome offers to unlock. Many exchanges advertise only $10 in free crypto, but through Marketplace Fairness we’ve secured double that — $20 FREE Bitcoin — for readers who register with referral code CFM5Q7.

Unlike a no-deposit offer, the CoinSpot sign-up bonus has one small condition: after you register through the referral link and verify your identity, you simply need to deposit at least $1 into your account. Once that first deposit clears, the $20 of Bitcoin is credited automatically — there’s no trade requirement and nothing else to claim.

What is CoinSpot?

CoinSpot is one of Australia’s best cryptocurrency exchanges, with a user-friendly interface, more than 530+ cryptocurrencies, crypto debit card, and an NFT marketplace. CoinSpot also has the best customer support of any crypto exchange in Australia, as shown in my comprehensive real-world test. To learn more about CoinSpot’s features, take a look at my comprehensive CoinSpot review here

Where else can I get FREE crypto?

I know that many of my readers like to receive free crypto, so I have collected promo codes for several other crypto exchanges that offer FREE Bitcoin:

Frequently asked questions

What is the CoinSpot referral code?

The current CoinSpot referral code is CFM5Q7. Enter it when you register, or use our referral link so the code is applied automatically. It unlocks $20 of free Bitcoin after you verify your account and make a $1 deposit.

How do I redeem a CoinSpot referral code?

Redeeming the code takes a few steps: click the referral link (or enter code CFM5Q7 manually), create your account and confirm your email, verify your identity, then deposit at least $1. The $20 of free Bitcoin is credited to your CoinSpot wallet automatically.

How do I get free money on CoinSpot?

The easiest way to get free crypto on CoinSpot is the sign-up bonus: register as a new Australian user with referral code CFM5Q7, verify your identity, and deposit $1 or more. You’ll receive $20 of Bitcoin free — double the standard $10 offer.

Can I share this referral link with friends and family?

Yes, you can share this link with anyone, but this offer will not last forever, so be quick! Each new person who signs up and meets the conditions can claim their own $20 of free Bitcoin.

Why can’t I see my $20 free Bitcoin?

After signing up, verifying your account and making your first deposit, you’ll find $20 of free Bitcoin in your CoinSpot wallet. If you can’t see it, contact CoinSpot via 24/7 live chat or email and let them know you signed up with the referral link above. Their support team will help credit the $20 Bitcoin to your account.

Does CoinSpot report to the ATO?

CoinSpot is an Australian, AUSTRAC-registered exchange, and the ATO runs a crypto data-matching program with Australian exchanges — so your CoinSpot transaction data can be shared with the ATO. CoinSpot also provides downloadable transaction and end-of-financial-year reports to make your tax return easier. This isn’t tax advice; check with a registered tax professional for your situation.

Robert McDougall
Written by
Robert McDougall
Lead Crypto Reviewer at Marketplace Fairness
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Robert reviews cryptocurrency exchanges for Marketplace Fairness, and he tests them the hard way: opening accounts, funding them, placing live trades and messaging customer support to see how long a reply actually takes. His side-by-side spread and fee comparisons cover the platforms readers use most, and he writes the free crypto trading courses published on this site.