The best Kraken referral code bonus is currently a $75 USDG reward for both you and your friend. This one gonna help you offset your starting costs and trading fees when you begin using their platform.
This guide will cover what is the top referral code for Kraken exchange, its benefits, step-by-step instructions on how to claim it, and all other important terms you need to know to get the full Kraken referral bonus.
What is the Kraken Referral Code & Bonus?
| Crypto Exchange | Kraken |
| Referral Code / Invite Code | Use this referral link |
| Sign-Up / Welcome Bonus | $75 USDG |
| Trading Fee Discount | N/A |
| Is KYC Mandatory? | YES (it’s FinCEN and MiCA licensed exchange) |
The Kraken Referral Code is basically an invite link or a specific code that gets you and the person who referred you a nice bonus when you sign up and make your first trade.
Right now, the most common and best offer is a $75 USD or equivalent bonus. Yes, that’s actually a pretty solid amount for a crypto exchange, but you don’t just get this $75 right away, though.
You and your referrer both get this reward, usually in USDG (a stablecoin closely pegged to the US Dollar), but there are actually a few simple steps you have to complete first. We will go through those steps in a bit.
Basically, Kraken uses this referral program to encourage current users to bring in some new people, and they reward both sides for making it happen.
But again, the exact reward amount can be generally different in your country, like I’ve seen some Canadian users get a CA$100 bonus, but the $75 USD is really the main one you’ll see promoted in the US and many other places.
Benefits of using the Kraken crypto referral code
The benefits of using the Kraken crypto exchange referral code or link are getting $75 USDG welcome bonus, and you can use this bonus to offset your trading fees, trade crypto, or even withdraw, once the terms and conditions are met.
How to Get Kraken New User Bonus: Step-By-Step Guide
Step 1: Click the Referral Link First
You must start by clicking the Kraken referral link that was shared with you. Well, this link will automatically take you to the correct place to download the official Kraken mobile app from your device’s app store (Apple App Store or Google Play Store).
Step 2: Create and Verify Your Account
- You’ll need to input your email address and solid password.
- You also need to fill out the identity verification process. Typically, you must be verified up to the Intermediate level in order to earn the referral bonus. So, this generally entails submitting an ID document and address proof.
Step 3: Fund Your Account
Once verified, you need to deposit cash (fiat currency) into your new Kraken account. I’d say deposit enough to cover your first trade plus a little extra, around $200 USD.
Step 4: Make the Qualifying Trade
Now, you must execute a trade with a specific minimum value within a set timeframe, and it’s typically 30 days of signing up. For the $75 bonus, this often means trading at least $200 USD (or the equivalent in your local currency) worth of non-stablecoin crypto.
Step 5: Get the Bonus
Lastly, as you successfully complete the qualifying trade, both you and the person who referred you will get the $75 USDG bonus deposited into your Kraken account. Actually this one will be done automatically.
Also, it might take a few days, maybe up to 21 days, but generally, it shows up within a couple of weeks once all the conditions are met and verified.
Where to find my Kraken sign-up code?
You can easily find your personal Kraken signup or referral code and link right inside the Kraken mobile app once your own account is set up and verified.
- Open the Kraken App
- Go to Account/Profile
- Find the ‘Referrals’ Section
- Generate your link/code
- Share it with your friends via text, email, or social media
How to get the Kraken referral link?
You will get your Kraken referral link by navigating to the specific ‘Referrals’ area within the Kraken mobile application and copying the unique URL they generate for you.
- Go to the “Referrals” tab in your Kraken App
- Generates your link that quite looks something like “https://invite.kraken.com/XXXX/youruniquecode“
- Now, friends need to click the link, download the app, and sign up
- The System will then track that your friend came from you, and you will earn your share of the bonus
Are you really allowed to withdraw this entire $75 bonus?
Yes, you are generally allowed to withdraw the entire $75 bonus, but there are a few things you need to seriously understand about how the bonus is paid out and the typical lock-up rules.
The $75 is usually paid out in USDG, but it might be paid in a cryptocurrency as well, like Bitcoin (BTC) or a local currency equivalent.
Does it offer a referral program to invite friends?
Yes, Kraken crypto exchange absolutely offers a fully working referral program that allows you to invite your friends and earn a reward every time they sign up and complete the requirements. There is also a Kraken affiliate program through the “Impact” platform.
The “Share and Earn” Model:
- You (the Referrer): You get $75 USDG.
- Your Friend (the Referee): They also get $75 USDG.
Are there any terms and conditions to use the Kraken invite code?
- The new user must sign up and go through the required steps via the Kraken mobile app.
- The person you refer should be a completely new user and never have created an account before on Kraken.
- The new user is required to take the necessary steps within 30 days after opening a new Kraken account.
- The new user will have to make a trade or trades for a minimum notional value, presently its $200 USD.
- You must purchase a volatile asset, so two stablecoin trades are not accepted towards the $200 trading requirement.
- You and the person you refer must reside in a qualifying country. Although Kraken is extremely international, some offers are only good in selected markets. So you and the person you refer need to be in a country where the program is available.
You can also read my CoinW referral code for more sign-up bonuses and referral rewards.