Mode is an app that has been designed for buying and selling Bitcoin, and at the moment they are offering £10 free when you deposit £20 and buy £20 of Bitcoin. The free cash is paid out within 24 hours making this a quick and easy offer to complete. They normally ask you to deposit £100 so now is a great time to complete this free cash offer.
Here are the steps to getting your free £10 on Mode and withdrawing it.
Step 1: Sign up to Mode
Use this link to sign up to Mode via your computer or smartphone.
You will be shown two boxes – enter +44 into the first box and then the rest of your mobile number, omitting the first ‘0' into the second box.
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Enter your First Name and Email Address below and click 'Download my FREE eBook'
Step 2: Download the app
Download the Mode app via the link you receive via text message, and sign up (enter your phone number as usual WITH the ‘0' you omitted earlier) and verify your email address.
Step 3: Verify your account
You will then need to verify your identity with Mode.
For this step you will need your ID and a selfie. To verify your account click on the settings symbol which is on the bottom right, click account status and then complete the process by uploading your ID and a selfie.
Step 4: Deposit £20
From the home button on the bottom left click the ‘£' icon on the top right. Click add, then enter the account details and use open banking to deposit quickly, or you can do a bank transfer.
Step 5: Buy £20 of Bitcoin
From the home button, click the Bitcoin button on the top right. Click buy and purchase £20 of Bitcoin.
There will be a 0.99% fee.
Step 6: Get your £10 bonus within 24 hours.
This will be shown in your rewards account, not on the main home screen.
Step 7: Transfer your bonus from your rewards account to your Bitcoin account
Follow the on screen instructions to transfer your bonus points into your Bitcoin account.
Step 8: Sell your Bitcoin then withdraw your money
Follow the on screen instructions to sell your Bitcoin and withdraw your money into your bank account.
I actually ended up making £10.88 after fees because the Bitcoin price had gone up a little, but you can expect to make around £8.50 – £11 profit from your free £10.
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