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Coinbase opens November BTC Drops with $150,000 in bitcoin prizes

Eligible US participants can enter the November prize draw through qualifying card purchases, retail trades or a postal entry. Up to 25 entries are allowed per entry period; spending does not guarantee a prize.

Black Coinbase One card face with Genesis Block text and a silver chip

The essentials

Update facts

Promotion period, Pacific Time
Nov 1–30
Total stated prize value
$150,000
Prizes paid in bitcoin
101
Entry limit per period
25

Entry rules

  • Open to eligible residents of the 50 US states and DC, aged at least 18 and meeting the local age-of-majority requirement. Card-entry participants need an active card in good standing.
  • One entry per $100 of eligible card purchases or eligible Coinbase retail trading volume, up to 25 entries per participant in each entry period. Entries do not roll over.
  • Coinbase Advanced, stablecoin-to-fiat and stablecoin-to-stablecoin trades, DEX transactions and DeFi lending are excluded. The card rewards terms define eligible purchases.
  • A no-purchase postal entry route is available. A Coinbase account and identity verification are required to receive a prize.
  • This is a random drawing, separate from ordinary card cashback. Odds depend on entries received, and spending does not guarantee a reward.

A new November draw

The November 2026 rules cover November 1 at 00:00 through November 30 at 23:59 Pacific Time. Coinbase lists one $100,000 bitcoin prize and 100 additional prizes worth $500 in bitcoin each.

Eligible card purchases and retail trades can earn entries. The postal route lets eligible participants enter without a purchase; follow the official rules for mailing requirements and deadlines.

Limits apply to entries, not a promised reward

The limit is 25 entries per participant for each entry period. Entries from an earlier period do not carry forward. Increasing card spending does not create a guaranteed bonus or change the card’s normal cashback rate.

Winners must complete Coinbase verification and respond to the notification within the stated deadline. Prizes are valued in dollars and paid in bitcoin; their value can change after payment.