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Last Updated: May 2025
Sources Cited: Kraken.com, Kraken promotions, Coinmarketcap, Cointelegraph.
What Is The Kraken Referral Code Program?
Kraken offers a referral program with app-based sign-up. It enables existing users to share a unique referral link through the Kraken mobile app. When a new user signs up via this link, completes identity verification, deposits funds, and makes their first trade, both the referrer and the invitee benefit.
The program currently operates exclusively on the Kraken app. Support for Kraken Pro and the desktop platform is expected soon.
Participants include:
- Referrers: Existing Kraken users who generate a unique invite link
- Invitees: New users who register and meet eligibility criteria
The reward is issued in USDG, Kraken’s native stablecoin, once the trade conditions are met.
How Do You Get A Kraken Referral Code?
You can find your Kraken referral code by logging into the Kraken mobile app and navigating to the referral section. The app generates a shareable referral link, which functions as your referral code.
While some platforms use alphanumeric promo codes, Kraken currently uses unique links only, not manual entry codes.
To generate a link:
- Open the Kraken app
- Tap Profile → Refer a Friend
- Copy your link or share it directly
Only verified users (with completed KYC) are eligible to access and use the referral function.
What Bonus Do You Receive With A Kraken Referral?
The Kraken referral bonus is $20 USDG. To qualify:
- The invitee must sign up using the referral link
- They must fund their new Kraken account with an approved deposit method
- They must complete their first trade
Once these steps are completed, Kraken credits the bonus directly to the referrer’s account. USDG can be held, traded, or withdrawn.
Payouts are processed automatically and appear in your Kraken wallet. Check the Rewards tab or Funding section to confirm receipt.
Who Can Claim A Kraken Referral Bonus?
Only new users creating a Kraken account for the first time via the Kraken mobile app are eligible for the bonus.
To be eligible:
- You must register on the Kraken app (desktop registrations are currently excluded)
- You must verify your identity (KYC) and confirm your email
- You must deposit funds via a supported payment method
- You must complete your first trade
If you already have a Kraken account, you cannot claim the referral reward.
What Are The Steps To Use A Kraken Referral Link?
To successfully claim your bonus, follow these six steps:
- Click the referral link from your friend or trusted source
- Install the Kraken mobile app (iOS or Android)
- Register and verify your identity (KYC + email)
- Deposit fiat or crypto using an approved method
- Complete your first trade
- Receive the $20 USDG reward in your Kraken account
Ensure all steps are completed within any stated time limits (if applicable).
What Are The Referral Program Requirements?
Kraken requires participants to meet several criteria before issuing the referral reward:
- KYC Verification: You must upload ID and complete identity checks
- Email Verification: Mandatory to activate the account
- Deposit: Fund your account using a supported payment method
- First Trade: The reward is unlocked only after a qualifying trade
- Time Limit: While Kraken hasn’t publicly specified a window, complete steps promptly to avoid missing out
Existing Kraken users and duplicate accounts are not eligible to claim bonuses again.
Can You Use A Kraken Referral Code On Kraken Pro Or Web?
Currently, the referral program is exclusive to the Kraken mobile app. You cannot activate or use referral links via:
- Kraken Pro (Advanced trading platform)
- Kraken.com (Desktop version)
Kraken has announced future support for Kraken Pro, but no specific release date has been confirmed. Until then, users must sign up and fulfill referral criteria through the app.
Is The Kraken Referral Bonus Taxable Or Withdrawable?
The $20 USDG bonus is:
- Withdrawable: You can trade it, convert it to another asset, or withdraw to an external wallet
- Taxable: Subject to local tax regulations in your country. Typically considered as income or promotional reward
This is not tax advice. Users should consult with a licensed tax professional for clarity on crypto income reporting.
What Makes The Kraken Referral Program Different?
Compared to Binance, Coinbase, and Bitstamp, Kraken’s referral program stands out by offering:
- USDG Rewards: A native stablecoin with liquidity
- Trusted Compliance: Kraken is known for strict regulatory alignment
- Transparent Rules: No hidden fees, and simple task-based reward
- Post-Registration Benefits: Access to staking, low-fee trading, and advanced features
This positions Kraken as a solid choice for both beginners and experienced traders looking for a reliable referral bonus.
Kraken Referral Program Key Facts
| Attribute | Value |
|---|---|
| Referral Bonus | $20 USDG |
| Referral Format | Unique link (in-app only) |
| Eligibility | New users only |
| Required Action | First trade post-KYC |
| Platform | Kraken mobile app |
| Verification Requirement | KYC & Email |
| Referral Payout Currency | USDG |
| Withdrawable? | Yes |
| Launch Year | 2025 Relaunch |
Exploring More About Kraken’s Referral Service
As a global cryptocurrency exchange, Kraken supports your entire crypto journey—from creating an account to earning rewards and investing in digital assets. By inviting friends and family through your referral link, you help them access a secure and regulated service with discounted fees, seamless Web3 features, and access to a broad range of cryptocurrencies. To be eligible to receive the $20 USDG bonus, users must complete the required tasks: input their details, verify their identity, deposit funds, and trade at least once.
While Kraken’s referral program operates via the app, all users should also review the terms of service available on the Kraken website before making any investment decisions. Every transaction counts toward your trading volume, opening more opportunities to earn and explore.
Kraken Referral Code FAQs
Is there a minimum deposit to get the Kraken referral bonus?
Kraken has not stated a minimum, but deposits must be made using supported methods.
Can I use the Kraken referral code twice?
No. Referral rewards are only valid for new user signups.
Where can I see my bonus on Kraken?
Bonuses appear under the “Funding” or “Rewards” section in your app.
Can I withdraw the $20 USDG bonus?
Yes. USDG is withdrawable or tradable like other stablecoins.
What if I signed up on desktop—can I still get the bonus?
No. Only mobile app sign-ups via a referral link are eligible.
How long does it take to receive the bonus?
Once your first trade is completed, the bonus is usually credited shortly thereafter.
Is KYC required for the referral bonus?
Yes. KYC and email verification are mandatory.
What happens if my friend doesn’t trade?
No bonus is issued until your referred friend completes a trade.
Related Resources From Trade Wise
- Top Crypto Exchanges Offering the Best Referral Codes in 2024
- Crypto Referral Codes vs Sign-Up Bonuses – What’s the Difference?
- Maximizing Your Earnings: How To Use Crypto Referral Codes Effectively
Want more verified crypto bonuses like this one? Check out our full list of trusted referral codes and signup offers across major crypto platforms.
NOTE: If you want more referral bonuses then why not signup with one of the following?
Binance
Bybit
PrimeXBT
MEXC
