Kraken is running a February offer that pays a 3% on new deposits to the platform, a move that breaks from the complex trading competitions usually favored by crypto exchanges. The offer is easy: deposit cash or crypto, and the exchange will pay. The ceiling is high – up to $1 million in eligible deposits per user – meaning the payout could reach $30,000 for those willing to move significant volume.
This is not a gamified leaderboard or a lottery. It is a liquidity incentive aimed directly at account holders willing to park assets on the exchange. The offer runs through early March and operates exclusively through the standard Kraken mobile app (not the Pro version). It is a straightforward value-add for existing and new clients.
Kraken’s Offer in Detail
Participation requires the standard Kraken App. Users who primarily rely on the Kraken Pro interface or the desktop site must switch to the standard consumer app to opt in. The offer itself functions through the “Auto-Earn” feature. If this feature is not active at the time of opt-in, the app will ask the user to enable it.
Rewards are delivered within 14 days following the March 9th conclusion of the promo period. The payout currency is specific: for most global users, the value is delivered in USDG, Kraken’s proprietary stablecoin issued in partnership with Paxos. Canadian participants, facing different regulatory constraints, will receive their match in USDC.
In the exchange’s words:
February Deposit Match: Get a 3% match on new on-platform cash or crypto you deposit between February 2nd and March 9th.
Flat, simple value: One competitive match rate applies to everyone – 3% on all eligible deposits, up to $1,000,000 total throughout the month.
Flexible funding: You can deposit in one transaction or many — all eligible deposits during the promo period count.
About Kraken
Founded in 2011, Kraken is one of the longest-standing venues in the digital asset space. It has survived multiple market cycles that erased many of its early competitors. The exchange serves over 10 million clients globally and offers spot trading, margin, futures, and staking services.
The platform has historically emphasized security and regulatory compliance over aggressive expansion, regularly publishing Proof of Reserves audits to verify that client funds are held 1:1.
Disclaimer: Not investment advice. Crypto trading involves risk of loss. Void where prohibited by law. Geo restrictions and terms apply.
Eligibility
Geos: United States and ROW Eligible Countries (ZA, MY, CL, CO, PE, ID, TW, CN, DZ, AO, AI, AQ, AG, AM, AW, BD, BB, BZ, BJ, BT, BO, BQ, BW, BN, BF, BI, CV, KH, CM, CF, TD, KM, CD, CG, CK, CI, CW, DJ, DM, DO, EC, EG, SV, GQ, ET, FJ, PF, TF, GA, GM, GH, GD, GP, GT, GN, GY, HT, VA, HN, JM, JO, KZ, KE, KI, KG, LA, LB, LS, LR, LY, MO, MG, MW, MV, ML, MQ, MR, MU, MD, MN, MS, MA, MZ, MM, NA, NR, NP, NC, NI, NE, NU, OM, PK, PW, PS, PG, RW, BL, SH, KN, LC, MF, PM, VC, WS, SM, ST, SN, SL, SX, SB, SO, SS, LK, SD, SR, TZ, TL, TG, TO, TT, TN, TM, TC, UG, UA, UY, UZ, VU, VE, WF, EH, YE, ZM, ZW, TW, TJ, TL, TV, SA, RS, SC, SK, SI, ES, SR, SE, RO, QA, PA, PY, PL, PT, NL, NG, MK, NO, MT, MH, FM, MX, MC, ME, LV, LI, LT, LU, IS; IT; IE, HU, GE, DE, EL, GW, FO, FR, FI, ER, SZ, EE, DK, CA, KY, CR, HR, CY, CZ, BS, BE, BA, BR, BG, AL, AD, AR, AM, AT)
