Kraken Promotions: $10 Sign-up Bonus + 20% Commissions

Kraken is an ultra low-cost cryptocurrency exchange that’s offering a $10 BTC sign-up bonus for new users that open an account using an existing user’s referral link.

Plus, invite others to join Kraken via the affiliate program and you’ll 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).

Kraken Promotions

Offer #1: Kraken $10 Sign-up Bonus

Get a $10 BTC bonus when you join Kraken using a referral link and trade at least $100 in crypto within 30 days of account opening.

Kraken users enjoy one of the lowest trading fees in the industry. Kraken Pro charges only 0.26% to buy and 0.16% to sell which makes it one of the best places to trade crypto – you can read this analysis at the bottom of this post.

How To Get $10 Sign-up Bonus:

  1. Open a Kraken account using this link.
  2. Buy and sell at least $100 in crypto within 30 days of account opening.
  3. Receive a $10 BTC bonus.
Crypto PlatformPromotionLink
Kraken logo$10 BTC BonusLink
Okcoin logo$50 BTC BonusLink
Gemini logo$15 BTC BonusLink
TradeStation logoUp to $3,500 BonusLink
bitFlyer logo$15 BTCLink
Nexo logo$25 BTC BonusLink
Binance.US logo$40 Cash BonusLink
Coinbase logo$10 BTC BonusLink logo$25 CRO BonusLink
Cake Defi logo$10 DFI BonusLink
Phemex logo$160 BonusLink
Luno logo$35 BTC BonusLink
eToro logo$10 BonusLink

Offer #2: 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:

  1. Share your Kraken referral link with others.
  2. Ensure that the referral person successfully opens an account and trades $100 of crypto within 30 days of account opening.
  3. 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 #3: Kraken 20% Affiliate Commission Bonus

Refer users as a Kraken affiliate and earn 20% of their 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:

  1. Join the Kraken affiliate program.
  2. Share your affiliate link with others.
  3. 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.

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.

About John Pham

John Pham is a personal finance expert, serial entrepreneur, and founder of The Money Ninja. He has also been fortunate enough to have appeared in the New York Times, Boston Globe, and U.S. News & World Report. John has a B.S. in Entrepreneurship and a Masters in Business Administration, both from the University of New Hampshire.

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10 months ago

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 🙂