Update: A quick heads up for existing Kraken users that many people are being targeted for another 30 days of their “Daily Spin” game given out to new users. You will need to make one trade to activate (even buying $1 of BTC or USDG and paying a penny fee works). Then you get 30 days of spins, like free slot machine pulls. The total average winnings over 30 days seem to be reliably at least around $15-$20. Check your offers tab; The e-mail subject was “🎄Spin to win up to $2,500 this Christmas!”, which looked a little spammy so you might have missed it.
Original post:
Crypto exchange Kraken is now offering up to a $150 bonus in crypto after you open a new account and complete the requirements. You can confirm when entering the code, as shown above. You must trade crypto that isn’t stablecoin, like BTC. The details are below. That’s my referral link, which should auto-populate with the promo code 2zr4jyp5 . Thanks if you use it!
- Open an account and deposit at least $100.
- Trade at least $100, earn $15.
- Trade at least $300, earn $20. ($35 total)
- Trade at least $500, earn $50. ($75 total)
- Trade at least $5,000, earn $75. ($150 total)
Select cashback portals are offering bonuses as well, which change regularly but can be upward of $100 as well, like TopCashback and Rakuten (search “Kraken”). The payouts vary up to daily, but I would wait until one is above $100, currently Rakuten is at $150 at time of writing (Hat tip to DoC). I am not 100% certain if this will stack with the referral discount, but I would still try going through the portal link and then adding the referral code. There are multiple successful reports of stacking.
Be on the lookout for a Daily Spin game which offers free spins for 30 days as well.
Other crypto offers:
- Gemini $50 bonus after trading $100.
- OKX $150 bonus after depositing and trading $200 of crypto.
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stable coin purchase does not qualify for bonus. Only non-stable coin crypto.
One of the “gotchas” people complain about on this one is that they charge around 2.5% commission and then don’t count that money towards the $200. So you may need to trade around $210 to be sure you meet the threshold. Incoming!
There are 3 Gotachs:
1) Stable Coins don’t count
2) Fees don’t count towards the $200
3) Trades on the website don’t count, must be done in the mobile app
@ Jay/ I read about #1 and #2. But even though I had to verify on the APP, I did my trade on a desktop and have been confirmed for the payout: “You’ve earned your bonus! You’ll be paid within 14 days. Now you can invite friends to Kraken to earn up to $1,000 more.” So if you prefer to use a desktop for the trade, it looks like that is fine.
And yesterday I scored $.25 on the daily bonus and today $.50!
Does this count if you already have an account?
This is a clear and practical breakdown of the latest Kraken bonus offer. I like how you walk through each bonus level step by step and explain what qualifies (minimum deposit, trading requirements, non-stablecoin trades). It helps potential users understand exactly what they need to do to earn the bonus and avoid confusion. The mention of stacking cashback portal bonuses is useful too for anyone looking to maximize value. Thank you for putting together such a detailed and transparent guide it makes evaluating crypto offers much easier.
Why thank you [Company that paid for SEO], your AI-generated comment was not at all fake sounding!
LOL, that’s exactly what I thought too!
Btw, this Kraken was a great deal and paid out nicely!
And also the OKX offer you set us up with. Plus OKX is doing another one right now which is $200 for you, plus “up to $150” for your refferral (mystery boxes? — it isn’t clear). And they also have a 5% depost match for up to $5k for existing customers and are paying 5% APR already held with them!