A bitcoin wallet service, Coinbase introduced referral bonuses to attract new customers. If your friend joins Coinbase and buys more than $100 worth of bitcoins you will receive $25, €25 or £25 bonus.

The company announced the new programme on their site:

“To earn the referral bonus of 25 USD (or 25 EUR or 25 GBP depending on where you’re located), you can copy your referral link from the referrals page. If someone clicks your link and signs up for Coinbase within 90 days, you will be credited as the referrer for that customer. If the customer buys $100 USD or more of bitcoin on Coinbase at any point in the future, we will send you $25 of bitcoin.”

The bitcoin wallet service uses referral identity numbers to control new referrals. The company stated that the aim of the programme was to enlarge the bitcoin community.

“We hope this turns into a great way for our customers to help the bitcoin ecosystem grow, and in return earn some money along the way.”

Coinbase is one of the leading bitcoin wallet providers in the world. Today Coinbase has 3 million bitcoin wallets and 2.3 million users. Founded in June 2012, the prominent bitcoin company is currently co-operating with local banks in 25 countries. Last year, Coinbase expanded its operations in Europe. This year, the company has raised strategic investment from Reinventure Group, an Australian-based VC backed by Westpac.

Recently Coinbase launched Instant Exchange, a new tool for automatic conversion of the received bitcoins into a local currency. In the middle of the Greek crisis it also waived the fees for one week for those customers who buy bitcoin with euros.