Dharma is an Ethereum wallet that connects to your bank account, so that you can earn interest in Compound, Aave and Yearn, buy and sell 20,000+ DeFi Tokens on Uniswap, and invest in any Ethereum protocol, all directly from your bank account for up to $25,000 per week.
Plus, when you enter this Dharma $50 ETH Referral Code “CFCPWB” after you create your account, you’ll get $50 in free Ether when you connect a bank account and buy $500 worth of any cryptocurrency or stablecoin.
To enter the Dharma Referral Code “CFCPWB”, you must first download the app and register for your account, and then visit “Settings > Promotions” in the Dharma App, where you’ll see the option to submit a promo code in the top-right corner.
Once you enter the referral code and connect your bank account, you can immediately buy $500 worth of any crypto or stablecoin, and you’ll instantly receive your $50 in free Ethereum.
Plus, after you join Dharma, you can refer your friends to sign up for Dharma using your code, and you’ll both get $50 in free ETH when they connect a bank account and purchase over $500 in crypto or stablecoin.
Dharma is a simple-to-use app that lets you track all of your DeFi investments in one place, earn interest when you deposit to Yearn, Compound and Aave from your bank account, and invest in 20,000+ DeFi Tokens on Uniswap.
Please note that to qualify for the $50 ETH bonus, you must connect your bank account, and this option is only available in the following 16 states: Arizona, California, Georgia, Illinois, Massachusetts, Maryland, Michigan, Montana, New Hampshire, Pennsylvania, Texas, Utah, Virginia, Washington, Wisconsin, and Wyoming.
Dharma Ethereum Wallet Features
- Ethereum Wallet that connects directly to your bank account.
- Earn interest with direct bank account deposits to Yearn, Compound, and Aave.
- Discount and invest in 20,000+ DeFi Tokens on Uniswap.
- Invest in any Ethereum protocol.
- Track all of your DeFi investments on one platform.
- Non-custodial security with private keys stored securely on your device.
- Easily regain access to your account if you lose or replace your device.
- Complete transactions directly from your bank account, up to $25,000 per week.
- Backed by Coinbase, Polychain, Compound Labs, and Aave.
Dharma $50 ETH Bonus for New Users
1. Visit this Dharma $50 ETH Referral Link to download the Dharma App for iOS and Android devices.
2. Sign up for your new Dharma account (referral code is entered after registration).
3. After you register, visit the “Settings > Promotions” section in the Dharma App, and click the “Promo Code” option in the top-right corner.
4. Enter the Dharma Referral Code “CFCPWB” and click the “Submit Code” button.
5. After you submit the referral code, you will see instructions on how to qualify for the $50 ETH bonus.
6. To qualify, you must connect your U.S. bank account with Dharma in minutes (this feature is available in 16 states that are listed below and requires identity verification).
7. Once your bank account is connected, you can immediately buy over $500 worth of cryptocurrency or stablecoin directly from your bank account (includes stablecoins such as USDC or USDT).
8. Once you complete your purchase order for over $500 worth of crypto or stablecoin, you will instantly receive your $50 in free ETH bonus.
9. Your $50 in free Ethereum is available to withdraw, invest, or hold as you please without limitations.
Bank purchases (and therefore the $50 ETH bonus) are available in the following 16 states: Arizona, California, Georgia, Illinois, Massachusetts, Maryland, Michigan, Montana, New Hampshire, Pennsylvania, Texas, Utah, Virginia, Washington, Wisconsin, and Wyoming.
Dharma Referral Program $50 ETH Bonus
Once you join Dharma, you can participate in the Dharma Refer-A-Friend Program to earn unlimited $50 Ethereum bonus rewards.
When your referrals sign up, connect a bank account, and buy $500 worth of cryptocurrency or stablecoin, you’ll both get $50 in free Ether (ETH).
To share your Dharma referral code, visit the “Settings > Promotions” section in the Dharma App, where you’ll see your link and code.
There is no limit to how many people you can refer or the amount of free Ethereum that you can earn.
My Personal Experience with Dharma $50 ETH Bonus
The great thing about this Dharma $50 Ethereum referral promotion is that it’s extremely easy to sign up, identity verification is almost instantaneous, and you immediately receive the $50 in free Ether after qualifying.
My first step was to download the iOS version of the Dharma App and sign up for a free account, which only requires that you provide your email address and password along with verifying your email address.
After signing up, I visited the “Settings > Promotions” section, where I saw the “Promo Code” option in the top-right corner.
I entered a referral code in that section and clicked the “Submit Code” button, which then redirected me to the instructions on how to earn my $50 in free Ethereum.
The first step was to connect a bank account, which I then realized was only available in 16 states, but I was relieved to discover that I lived in a qualifying state.
To connect my bank account, and had to verify my identity, which consisted of photographing my driver’s license with my phone and submitting a selfie of my face.
The whole process was easy, and after submitting the selfie, my identity was verified within less than a minute.
I then had to connect a bank account using Plaid by submitting my bank login credentials, which was also completed in less than a minute.
After connecting my bank account, I was able to immediately purchase $600 worth of USDC in order to qualify for the bonus ($500 is the purchase requirement, but I did $600 just to be sure).
The USDC (stablecoin) order was immediately reflected in my Dharma account and available for investing (no holding period is required to qualify for the bonus).
In addition, when I bought the USDC, both the network fee and Dharma fee were free for my order.
Within a minute of completing my USDC order, the $50 Ethereum bonus was instantly credited to my Dharma account.
I’m holding my Ethereum for now, but I could transfer it or invest it if I wanted to, and there are no requirements to hold it for a certain amount of time.
Overall, this is one of the easiest bonuses I’ve done for a DeFi platform, and since you can qualify by purchasing any stablecoin or cryptocurrency, you can earn the $50 ETH bonus without having to worry about movements in the market.
If you are looking for an easy-to-use Ethereum Wallet that allows you to buy, sell, and invest in DeFi Tokens and more, try the Dharma App and get $50 in free ETH to get started.
A special thank you goes out to our reader Toby for sharing this Dharma App promotion, and you can feel free to use his Dharma Referral Code to get $50 in free ETH when you join, plus you may share your Dharma experiences along with your referral codes in the below comments.
Can you sell back the cryptocurrency after you buy it?
Hello Marchella,
Yes, you can sell back the cryptocurrency that you bought to qualify for the bonus after you buy it. There is no holding period requirement to qualify for your bonus, which is credited immediately.
I would recommend buying USDC to qualify for the bonus, because there are no network fees and no Dharma fees when you buy and sell it directly to your bank account.
Best of luck to you and thank you for your comment.
Lots of reviews on the app store about the app not working.
Or not being able to use the app after deposit in, any thoughts?
Hello Kaze,
I did see some of the reviews you mentioned. However, for me personally, I have not had any issues using the Dharma app after I made my initial deposit.
I actually did some tests just to find out, and I was able to sell some of the USDC that I initially bought to qualify for my bonus directly back to my bank account with no network fees and no Dharma fees. That transaction was successful for me without any issues.
In addition, I was able to transfer some Ethereum into USDC successfully without any issues.
However, there are network fees for Ethereum transactions, and the network fees can be high for Ethereum, so you have to be careful there, although that is not necessarily an issue with Dharma itself.
For me, the app has been working fine without any issues. If you give it a try, please feel free to share your experiences as well.
Thank you for your comment.