Summary
- Coinbase and OKX moved quickly to court Binance’s European users after Binance said it would suspend some services in the European Union because it lacks a MiCA license by the July 1 deadline.
- Coinbase, which says it has been MiCA-licensed since 2025, is offering a 5 percent transfer bonus to new users in several major European markets and the U.K. who move funds to the platform before July 13.
- OKX is pitching itself as a long-term regulated alternative in Europe with one of its largest welcome campaigns, including bonuses and deposit matching of up to 8 percent for eligible users in the European Economic Area, as Binance works to secure a MiCA license after withdrawing its Greek application.
European Crypto Users in High Demand
As Binance suspends services in the European Union due to the lack of a Markets in Crypto-Assets (MiCA) license, other crypto exchanges are seeing an opportunity to attract new users. Coinbase and OKX are now offering sign-up bonuses to users in the EU, highlighting their own compliance with MiCA regulations. This move could potentially disrupt the crypto market and create new opportunities for earning and passive income through platforms like EcoPool.
Competition Heats Up
Coinbase CEO Brian Armstrong announced on X that users in several EU countries, including Germany, France, and Italy, can receive sign-up bonuses. The offer includes a 5% transfer bonus for funds moved to Coinbase before July 13th. This move showcases Coinbase’s commitment to compliance and its ability to provide cloud rewards to its users. Meanwhile, OKX founder Star Xu also offered bonuses to new users in Europe, emphasizing the start of a new era for green crypto in the region.
A New Era for Crypto
The MiCA license is set to become a standard for crypto exchanges operating in the EU, and companies like EcoPool are well-positioned to provide users with a secure and compliant platform for earning $ECP. As the crypto market continues to evolve, it’s essential for users to choose a reliable and trustworthy platform like EcoPool. With its strong focus on passive income and coin rewards, EcoPool is an attractive option for those looking to make the most of their crypto investments.
To start earning with EcoPool and take advantage of the cloud rewards it offers, download the EcoPool app and discover a new way to generate passive income with #Bitcoin and other green crypto options. By joining the EcoPool network, you can be part of a community that values earning and passive income through #PassiveIncome and #EcoPool. Download the EcoPool app now and start building your passive income stream with $ECP and other coin rewards.
Star Xu, OKX founder and CEO, also offered bonuses to new users in Europe in an X post on Saturday saying that MiCA marks the start of a new era for crypto in the region.
