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Kraken Referral Code 2024: (Get Bonus upto $1100)

Written by Charles

Written by:

Charles

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This article has been reviewed by crypto market experts at SCM to ensure all the content, sources, and claims adhere to the highest standards of accuracy and reliability.

Last Updated on September 5, 2024

Kraken Referral Code

Using a Kraken referral code introduces you to a secure and reliable cryptocurrency exchange and rewards both you and your friend with a bonus.

Sign up through a referral link, complete a trade of $100 or more, and you both receive $10 in Bitcoin. Itโ€™s an easy way to start with cryptocurrency while exploring Kraken’s features.

Kraken’s referral program benefits both new users and referrers, offering a chance to begin trading without a large initial investment. Share your link with friends to earn more, and enjoy a seamless process via the mobile app or website.

FeaturesKraken
๐Ÿš€ Kraken Referral CodeReferral Code
๐Ÿ’ฐ Referral BonusUpto $1100 worth of USDT
โš–๏ธ Discount on Trading FeesUpto 25%
๐Ÿ”„ Welcome deposit availableYes
โœ… Last Verified20th August
๐ŸŽ‰ Sign up LinkClick here

What Is a Kraken Referral Code?

A Kraken referral code is a unique identifier assigned to you when you join Kraken’s affiliate or referral program.

This code helps Kraken track the users you refer, ensuring that both you and the person you invited get the benefits. When you share this code with friends or followers, they can use it during the sign-up process. By doing so, you’ll both earn rewards.

Key Benefits

  • Referral Bonus: Earn a $10 referral bonus when your referred friend signs up and trades $100 of crypto within 30 days.
  • Trading Commissions: Receive 20% of trading fees up to $1,000 per invitee for their trading activities.

Using a Kraken Referral Code

  1. Share the Code: Provide your unique referral code to friends or followers.
  2. Sign-Up: The referred person uses the code during account creation.
  3. Trade: Once they execute trades worth $100 or more, you both receive rewards.

Use your referral code on social media, blogs, or personal messages to maximize your referrals. Itโ€™s a straightforward way to benefit both parties involved.

Referral Program Variations

Kraken offers different referral programs, including their Kraken Pro Futures program.

Here, you earn 40% commissions on trading fees for 90 days, while your referees get a 5% fee discount for 30 days. Always check the latest terms and conditions for accurate details as rewards may vary.

How to Obtain a Kraken Referral Code

  • Signing Up for Kraken First, you’ll need to create an account on Kraken. Visit the Kraken website and click on “Sign Up.” Fill in the required information, including your email, username, and password. Verify your email address by clicking the link sent to your inbox.
  • Locating the Referral Section After signing in, navigate to the settings menu. Look for the Referral Program option in your account dashboard. Click on this section to find your unique referral code or link. You can use this code to invite friends and earn rewards.
  • Sharing Your Referral Code Once you have your referral code, share it with friends and family. You can send the code via email, social media, or text message. When they sign up using your code, both of you will be eligible for bonuses. Keep track of your referral rewards in the same section where you found your code.

Benefits of Using a Referral Code

Using a Kraken referral code can provide numerous advantages that enhance your trading experience. Below are some of the key benefits you can enjoy:

  • Discounts on Trading Fees

When you use a referral code shared by a friend or an affiliate, you often receive discounts on trading fees. These discounts can range from a percentage off your trading fees for a limited period to reduced rates on specific types of trades.

  • Bonus Rewards

A referral code can also unlock bonus rewards for both you and the person who referred you. For instance, Kraken offers a $10 USD bonus to both parties when the referred user makes a qualifying trade of $100 USD.

  • Additional Perks

Additional perks of using referral codes may include access to exclusive features, early access to new trading options, and other promotional benefits. You can even earn recurring commissions if you participate in the referral program and invite others to join.

  • Easy to Use

The process is straightforward. Simply sign up using the referral code, and you can start enjoying the benefits immediately. There’s no complicated steps or hoops to jump through, making it an easy way to gain extra value from your trading activities. Utilizing a referral code on Kraken is a simple and effective way to make your trading more rewarding, both financially and experientially.

 

Where to Find Kraken Referral Codes

To find Kraken referral codes, start by visiting Kraken’s official website.

Check their Referral Program or Affiliate Program sections. You can also discover referral codes through trusted crypto-related forums, blogs, and social media platforms.

Influencers and crypto websites often share their referral codes. Another place to find referral codes is in online communities dedicated to cryptocurrency.

Look out for posts in subreddits and discussion boards. Lastly, don’t forget to ask friends who already use Kraken. They might have referral codes they would happily share with you.

Terms and Conditions for Referral Codes

When using Kraken’s referral codes, it is imperative to adhere to the specific terms and conditions set forth by Kraken.

  • Eligibility: Only new Kraken users are eligible to use referral codes. Existing users cannot apply these codes retroactively.
  • Reward Details: Both you and the referee stand to receive rewards once certain conditions are met. The typical reward includes a $10 USD bonus when the referred user buys or sells $100 USD in crypto. Keep in mind, the bonus amounts may occasionally vary.
  • Reward Distribution: Referral bonuses may be provided in the form of digital assets or legal tender, depending on Kraken’s discretion.
  • Validity Period: Referral codes have a specific validity period. Ensure to check the expiration date of your referral code to maximize potential rewards.
  • Limitations of Use: You cannot use multiple referral codes for one account creation. Each new user can only apply one referral code.
  • Referral Link Usage: Your unique referral link must be shared directly with potential referees. Misuse, such as posting publicly to unsanctioned sites, may result in disqualification.
  • Futures Trading: For Kraken Pro Futures, new clients receive a 5% fee reduction for one month. You can earn commissions on their trades for up to 90 days after they unlock futures trading.
  • Prohibited Activities: Engaging in fraudulent activities to generate multiple accounts will lead to the revocation of all referral rewards and possible account suspension. By respecting these terms, you ensure a smooth and fair usage of Kraken’s referral program.

 

How to Share Your Own Kraken Referral Code

Sharing your Kraken referral code can be done in various ways to maximize your earnings. Here are some effective methods:

Through Social Media Utilize platforms like Facebook, Twitter, Instagram, and LinkedIn. Create engaging posts that highlight the benefits of joining Kraken. Include your unique referral link in your posts.

Don’t forget to use relevant hashtags to reach a broader audience. Consider creating short videos or stories that explain how others can benefit from using your referral code.

Via Personal Networks Send your Kraken referral code through email or direct messages to friends, family, and colleagues. Explain the advantages they will receive by signing up through your link, such as sign-up bonuses or fee discounts. In face-to-face conversations, share your experience with Kraken and encourage others to join using your code.

On Blogs and Forums Write blog posts or participate in forums related to cryptocurrency. Provide useful information and naturally incorporate your referral code within the content. Ensure you follow the community guidelines to avoid spamming.

Maximize the reach of your Kraken referral code by consistently promoting it through multiple channels. By effectively communicating the benefits, you can encourage more people to sign up through your code, leading to greater rewards.

 

Best Practices for Kraken Referrals

To maximize the benefits of the Kraken referral program, you should follow some essential practices.

Know Your Audience: Tailor your referral message to the audience you’re targeting. If your friends are new to crypto, provide basic information. For experienced traders, highlight advanced features and benefits.

Utilize Social Media: Share your referral link on platforms like Twitter, Facebook, and LinkedIn to reach a broader audience. Use crypto-related hashtags to get more visibility.

Offer Clear Instructions: Ensure that your referees know how to use your referral link. Provide simple, step-by-step instructions for signing up and making their initial trade.

Highlight Benefits: Emphasize the advantages of using Kraken. Mention the $10 USD referral bonus for standard accounts and the 5% fee discount for futures trading.

Stay Updated: Krakenโ€™s referral program details can change, so keep yourself updated on current terms. Regularly check Krakenโ€™s official site for the latest information and bonus amounts.

Be Transparent: Always disclose that you will receive a commission. Transparency builds trust and makes people more likely to use your referral link.

Engage with Your Referees: Follow up with the people who signed up using your link. Offer assistance if they face any issues during the registration or trading process.

Leverage Content Creation: Write blog posts or create videos that explain how to use Kraken. Embed your referral link in your content to guide users directly to sign-up. By implementing these practices, you can effectively boost your referral success and make the most of Kraken’s referral program.

 

Frequently Asked Questions

Understand how you can benefit from Kraken’s referral program and discover ways to earn bonuses and discounts using referral codes.

How can I obtain a sign-up bonus on Kraken without a deposit?

Currently, Krakenโ€™s sign-up bonuses require actions such as using referral links and making trades. There are no bonuses available solely for signing up without a deposit.

What benefits do I receive when using a referral code on Kraken?

When you use a referral code on Kraken, both you and the person referring you may receive various benefits. These can include bonuses in digital assets or legal tender and discounted trading fees.

Where can I find the most advantageous referral code for Kraken?

Referral codes can often be found through current Kraken users or affiliate partners. It is beneficial to check Krakenโ€™s official website or email communications for any special offers.

Is there an ongoing referral commission program on Kraken?

Yes, Kraken has a referral commission program. By sharing your referral link, you can earn commissions on trading fees. This applies to both spot trading and futures trading.

How can I participate in the Kraken free giveaway promotions?

To participate, keep an eye out for announcements from Kraken. These are typically shared via official channels like the Kraken blog, social media, or email newsletters.

Are there any specific conditions to earn the referral bonus on Kraken?

Yes, certain conditions apply. For example, you and your referee might need to trade a specific amount within a set period. Always check Kraken’s terms and conditions for the most accurate requirements.

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