Use the referral code ‘5rzf3p7d’ to win up to $300 when you deposit at least $200 and trade at least $200 as a new Kraken customer. The code is applied automatically when you visit this link.
If you’re already in the signup process and want to manually enter the code, click the button below to copy:
Once you complete the deposit and trading requirements, both you and your referrer receive a randomized reward of $25 to $300 in Bitcoin, typically paid within 14 days of qualifying. Kraken discloses that about 20% of rewards are $50 or more — so expect $25 to $50 in most cases, with a shot at the full $300.
This is a referral link, so both you and I will earn a reward. Thank you!
How to Claim Your Kraken Bonus
- Step 1: Visit with this referral link or scan the QR code on the landing page.
- Step 2: Verify account. Upload your driver’s license (or other approved form of ID) and take a selfie for verification, then link a bank account. My approval was instant after uploading, though processing times may vary.
- Step 3: Deposit at least $200 and make trades totaling $200 or more, both within 30 days of opening your account. Important: You must trade non-stablecoin cryptocurrencies (Bitcoin, Ethereum, etc.). Stablecoin trades don’t qualify for the reward.
How to Maximize Your Bonus
Kraken can be confusing because there are three versions of the platform. Here’s the simplest way to look at them:
- Kraken. The standard app. Easy to use but has the highest trading fees.
- Kraken Pro. The free advanced interface with lower fees and tighter spreads.
- Kraken+. The subscription product with a 30-day free trial. Kraken+ removes the 1% Instant Buy fee.
If your goal is simply to earn the bonus with the lowest possible trading fees, the best path is to place your trades through the mobile app on the basic Kraken account. However, it’s worth activating the free 30-day Kraken+ trial first.
As I noted above, Kraken+ removes the 1% Instant Buy fee, which keeps more of the bonus in your pocket. Just remember to cancel before the $4.99 monthly fee kicks in.
The reward is usually paid within 14 days of qualifying. Once it arrives, you can sell it immediately — so if you complete your trades early, both the qualifying trades and the payout can fall inside the free-trial window.
Kraken Bonus vs Competitors
| Exchange | Sign-Up Bonus |
| OKX referral code | Up to $400 with qualifying deposit and trades |
| Kraken referral bonus | Up to $300 after depositing and trading $200 |
| Gemini promo code | $50 in BTC after $100 in trades within 30 days |
| Coinbase referral code | $20 after first trade of $15+ |
| Uphold sign-up bonus | $20 in BTC after trading $100 within 30 days |
| Crypto.com referral code | Up to $75 in CRO after trading $5,000 in 30 days |
| iTrustCapital promo bonus | $100 after opening IRA and depositing $1,000 |
Is Kraken Worth It? (Quick Overview)
When it comes to long-term crypto trading, some things to keep in mind about Kraken are:
Kraken Pros:
- Operating securely for over a decade.
- Advanced trading tools available.
- Strong regulatory compliance.
- Deep liquidity for larger trades.
Kraken Cons:
- Higher fees on basic platform (use Kraken Pro instead).
- No staking rewards for U.S. users (Kraken discontinued U.S. staking in 2023 following an SEC settlement).
- Verification process sometimes delays.
Best For:
When it comes to the platform overall, Kraken is best for:
- Security-focused traders. Kraken has a long operating history, strong protections, and public Proof of Reserves audits.
- Traders who use Kraken Pro. Regular traders, or those trading larger amounts, get much better pricing on Pro because the fees are lower and the spreads are tighter than the standard interface.
- Intermediate and advanced traders. Kraken Pro offers the charting tools, order types, and features that experienced traders look for, especially if they want more control.
- High-volume traders. Fees decrease as your trading volume goes up, which can save a meaningful amount over time.
Overall thoughts: If security is important to you and you plan to trade on Kraken Pro, Kraken can be a very strong fit.
Get Started Now
- Use this link or manually enter referral code: 5rzf3p7d.
- Complete verification (have ID ready).
- Deposit and trade $200 or more, then claim your reward of up to $300.
The referral reward is only available to new users. Existing users can still take part in other current promotions, including the USDG Rewards program and the Stock Transfer (ACATS) bonus, which offers up to 2% in USDG for eligible transfers.
Kraken typically credits the reward in Bitcoin within 14 days after you complete the deposit and trading requirements. The exact amount — between $25 and $300 — is revealed when it lands in your account.
