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- No purchase or payment is required to enter or win in the promotion.
- Participants must meet strict eligibility and verification rules to qualify.
- Winners are selected through a random draw, and crypto rewards carry value risk.
Coinbase has launched a promotional campaign titled April Credit Card BTC Drops. The campaign runs from April 1 to April 30, 2026. It gives eligible participants a chance to win Bitcoin through a sweepstakes system. The company aims to expand user activity while keeping entry open to both card users and non-users.
The promotion follows a no-purchase requirement model. Users can enter without making any payment or transaction. This approach ensures equal opportunity across all eligible participants. The official rules remain available online throughout the promotion period. Participation confirms full acceptance of those terms.
The rules include a binding arbitration clause. This clause requires dispute resolution through arbitration instead of court action. It also removes access to class action claims and jury trials. These legal terms define how disputes will be handled.
Coinbase Promotion Open Only to US Residents
The promotion is limited to legal residents of the United States and the District of Columbia. Participants must be at least 18 years old or meet the legal age requirement in their jurisdiction. Employees, affiliates, and immediate family members of related organizations are not eligible.
Participants can enter through two methods. The first method involves using the Coinbase One Card. Users earn one entry for every 100 dollars spent. The system limits entries to a maximum of 25 per person. Only approved transactions qualify. The card must remain active and in good standing.
The second method allows entry without any purchase. Participants can submit their details by mail to the listed address. Each valid submission earns multiple entries, up to the same cap. This option supports fairness and regulatory compliance.
All entrants must follow identity verification rules if selected as potential winners. This process may require official identification and personal data. Failure to complete verification leads to disqualification. The system blocks duplicate accounts and automated entries.
The promotion offers 101 prizes through a random draw
The promotion will award 101 prizes through a random draw scheduled around May 8, 2026. An independent administrator will oversee the process. Winners will receive notification by email and must respond within a limited time frame.
Selected participants must complete eligibility documents and verification steps. Failure to respond or provide required details will result in forfeiture. The process allows selection of alternate winners if needed.
The total prize pool is valued at about 150,000 dollars, and the organizers issue rewards in Bitcoin. The final value depends on market conditions at the time of transfer. This creates price volatility risk. Digital assets can rise or fall sharply in value.
Winners must handle all applicable taxes linked to their prizes. The company requires tax documentation before releasing rewards. Coinbase expects to complete prize distribution within six to eight weeks after verification.
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