Kraken is an ultra low-cost cryptocurrency exchange that’s offering a $50 USDG sign-up bonus for new users that open an account, make a deposit, and trade at least $200 worth of crypto. This is 5x better than the standard $10 referral bonus!
Alternatively, content creators can participate in the affiliate program to earn a 20% commission on their trading fees for the lifetime of their account!
Full details of the Kraken sign-up offer, referral bonus, promo codes, and other current promotions below.
This post may contain affiliate links, meaning I get a commission at no cost to you if you decide to make a purchase through my links. Visit this page for more information. The content on this page is accurate as of the posting date; however, some of the offers mentioned may have expired.
What is Kraken?
Kraken is a US-based cryptocurrency exchange that provides trading between cryptocurrency and fiat currencies. Founded in 2011, it’s one of the oldest and most secured platforms (Kraken has never been hacked) that lets its customers buy 50+ cryptocurrencies.
New crypto investors should use the main Kraken platform, while avid traders can switch to Kraken Pro, an active trading platform that offers one of the lowest fees in the industry (starting at just 0.26% taker fee or 0.16% maker fee).
Offer #1: Kraken $50 Sign-up Bonus
Get a $50 USDG bonus when you join Kraken using a referral link and trade at least $200 in crypto within 30 days of account opening.
How To Get $50 Sign-up Bonus:
- Open a Kraken account with referral code 2p5jydtd by using this link (mobile only).
- Deposit and trade at least $200 in crypto within 30 days of account opening.
- Receive a $50 USDG bonus within 14 days of completing offer requirements.
You need to register on your phone – desktop/laptop registrations aren’t eligible for the offer. The person who invited you will also receive the same reward (thanks for those who use my link). I love Kraken because you get one of the lowest trading fees in the industry.
Kraken Pro (note that buys and sells on Kraken Pro do not count toward the $200 trading amount required for the bonus) charges only 0.26% to buy and 0.16% to sell which makes it one of the most inexpensive places to trade crypto – you can read more on this analysis at the bottom of the post.
Bonus Terms & Conditions:
- The Kraken Referral Program is available only in the United States (excluding Maine, New York, and Washington), Canada, Netherlands, France, Spain, Poland, Italy, Belgium, and Ireland.
- The friend you refer must reside in the same country as you reside, or, if you reside in an eligible European Economic Area (EEA) country, they may reside in any other eligible EEA country.
- In order to qualify for a Referral Bonus the friend you refer must deposit fiat (cash) from a bank account, and meet all additional requirements such as minimum trade volume.
- Crypto that is deposited into your account can’t be used towards the $100 buy or sell requirement.
- Referral Bonuses are not guaranteed – while Kraken makes a good faith effort to pay Referral Bonuses, we do not guarantee payouts on every referral.
- Kraken reserves the right to limit, modify, or terminate the referral program at any time, for any reason, and without notice.
Kraken Promotions
| Crypto Platform | Promotion | Link |
|---|---|---|
 | $50 Crypto Bonus | Link |
 | Up to $200 BTC Bonus | Link |
 | $50 USDG Bonus | Link |
 | $100 Cash Bonus | Link |
 | $50 CRO Bonus | Link |
 | $10 Bonus | Link |
 | Up to $5,000 Bonus | Link |
 | $15 BTC | Link |
 | $25 BTC Bonus | Link |
 | Up to $6,600 | Link |
 | $35 BTC Bonus | Link |
 | N/A | Link |
 | N/A | Link |
Offer #2: Kraken 20% Affiliate Commission Bonus
Become a Kraken affiliate and earn 20% of the invited users’ trading fees as a commission bonus for the lifetime of their account.
You will be paid for the lifetime of the account’s trading fees – up to $1,000 USD payout per referral. Trading fee calculations include spot trade fees, margin opening fees, and margin rollover fees.
How To Get 20% Affiliate Commission:
- Join the Kraken affiliate program via Impact.
- Share your affiliate link with others with your content and social media pages.
- Receive 20% of the trading fees collected for the lifetime of their account (up to $1,000 per account).
The Kraken affiliate program is open to bloggers and social media influencers and requires a minimum of 5,000 followers or subscribers to join. Even if you have this amount, keep in mind that Kraken has strict parameters on who gets accepted to the program. It’s based on multiple factors and there’s no guarantee you’ll be accepted.
Offer #3: Kraken $10 Referral Bonus
Share your Kraken referral link with others and both you and the person you refer will get a $10 BTC bonus.
How To Get $10 Referral Bonus:
- Share your Kraken referral link with others.
- Ensure that the referral person successfully opens an account and trades $100 of crypto within 30 days of account opening.
- Get a $10 BTC bonus for each successful referral. The person you refer will also get a $10 bonus.
Each user is limited to 10 referral bonuses. While you can continue to refer more than 10 people, you won’t receive any further bonuses. However, the person referred is still eligible to receive their referral bonus after completing the promo requirements.
Offer #4 [EXPIRED]: Kraken $50 BTC Bonus
Get a $50 BTC bonus when you join Kraken using the link below, deposit $25, and make a trade at least $10 in crypto within 30 days of account verification.
How To Get $50 BTC Bonus:
- Open a Kraken account and enter promotional code “us50” during registration.
- Deposit a minimum of $25 from your bank account via Plaid.
- Buy or sell at least $10 in crypto within 30 days of account opening (excluding all fees).
- Receive a $50 BTC bonus within 30 day of completing bonus requirements.
Promotional Terms:
- The $50 bitcoin (BTC) new US client bonus (“offer”) is made available to new clients who reside in the US (excluding Maine, New York, and Washington) who have not previously opened a Kraken account.
- Clients must follow the offer signup link to create a Kraken account in the Kraken mobile application (excluding Kraken Pro and Kraken Wallet mobile applications).
- New clients must enter promotional code ‘us50’ during signup to receive the offer.
- The offer is redeemable by the first 20,000 new US clients who (i) deposit $25 via Plaid and (ii) complete an eligible trade of at least $10 in value (excluding all fees including zero fee trading pairs and market makers’ trading volumes).
- Kraken may, in its sole discretion, disqualify trades that it reasonably believes are: (1) wash trades; (2) originating from bulk registered accounts; (3) hinting at self-dealing or market manipulation; or (4) otherwise violates Kraken’s terms of service.
- Kraken can end or limit the offer at any time and for any reason without notice.
- Crypto trading involves risk of loss.
The Bottom Line
I use Kraken, Gemini (Gemini Active Trader), and Binance US when I make large purchases of crypto because these platforms have the lowest trading fees out of all the crypto exchanges.
Let’s say you buy $1,000 of Bitcoin every month. With Kraken Pro, you’d pay only 0.26% as a taker fee, which translates to $2.60 with no additional charges.
Compare that to an exchange like Coinbase where you’d pay 1.49% for a $1,000 BTC purchase, which is $14.90 – but that’s not all. Coinbase also charges a spread fee of 1% on crypto, making your actual trading costs total a whopping $24.90 to buy $1,000 BTC.
The spread fee is the difference between what the crypto costs and what you pay to buy it or receive for a sale.
If you buy crypto frequently, it’s smart to use an exchange with low trading fees. My strategy is to always buy using a low-cost platform and then transfer the crypto to a secure offline wallet like Ledger.
I’ll include this Kraken promo in my list of the best crypto offers. If you’re interested, check out other ways to get free cryptocurrency.
Hey, I have been notified that I will receive the reward in 30 days. Do I need to keep the BTC for that period or can I sell them already and will still get the reward?
Info please 🙂
You don’t need to keep the BTC – there’s no holding requirement for the bonus. As long as you buy or sell $100 worth of crypto within 30 days, you’ll get the referral bonus.