What was the Makara $20 sign-up bonus?
Makara launched as the first SEC-registered crypto robo-advisor: instead of picking individual coins yourself, you’d answer a few risk-tolerance questions and Makara would build and automatically manage a diversified crypto portfolio for you, similar to how a traditional robo-advisor handles stocks and bonds. New users who signed up through a referral link and placed a trade got a $20 bonus, credited automatically once the trade went through.
That bonus program ended when Makara stopped operating as its own product. Betterment announced the acquisition in February 2022 and spent the rest of that year folding Makara’s technology and team into its own platform, relaunching it in October 2022 as “Crypto Investing by Betterment.” The Makara brand, app, and referral program were retired in the process.
We don’t currently have a working referral link for Betterment’s crypto product. If what you actually want is a simple, regulated way to buy and hold crypto, Gemini is the closest live option we recommend — it’s a US-based, regulated exchange built for straightforward buying and holding rather than active trading. Our Gemini referral link currently gets new users a $10 Bitcoin bonus after signing up and trading $100 within 30 days.
Related on Couponsuck
AAlinea Referral Code: A4HGD for a $50 Bonus (2026)Money & BankingKKalshi Referral Code | Trading Credit Bonus (2026)Money & BankingAffiliate link: we may earn a commission when you use our codes.
See also: our other Makara referral code page (same discontinued program, SEC-registration angle) and our Coinbase referral code.
Where to get automated crypto exposure now
Frequently Asked Questions
Does the Makara $20 sign up bonus still work?
No. Makara stopped operating as an independent app after Betterment acquired it in February 2022, and the referral link this page used to promote no longer resolves.
What happened to my old Makara account?
Makara’s accounts and technology were absorbed into Betterment as part of the acquisition. If you had funds in Makara, check Betterment’s support resources directly, since this page isn’t affiliated with either company’s account migration process.
Is Betterment’s crypto product the same as Makara?
It’s built on Makara’s original technology and team, relaunched under the Betterment brand as “Crypto Investing by Betterment” with themed portfolios, but it’s a different product with its own sign-up process, not a continuation of the old Makara app.
What’s a good alternative to a crypto robo-advisor?
If automated portfolio management isn’t available, a straightforward exchange like Gemini lets you buy and hold crypto directly. See our Gemini crypto promo code page for current terms.
The Makara Crypto offer is history.
The record lives here.
The original details are preserved above — and the intro points to what still works today.
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