Find the latest Kraken promotions, sign-up and referral bonus offers here. See other referral deals here.
Kraken is a crypto exchange that provides advanced trading tools like margin, a good mix of coins, low fees, and a high level of security.
Continue reading below to learn more about Kraken.
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Table of Contents
Kraken.com is a cryptocurrency exchange. This means they match orders from clients who want to buy cryptocurrencies with orders from clients who want to sell cryptocurrencies (or vice versa).
Unlike other cryptocurrency exchanges, Kraken only offers trading services. They don’t have a wallet, savings account or debit card. Some reasons why investors like Kraken is their access to margin, stop orders, and crypto short sales. The platform also lets you stake coins to earn interest on your crypto balance. Other Kraken features include:
Wide Range of Currencies. Kraken supports almost 60 coins (including top coins like Bitcoin, Ethereum and Cardano), three stablecoins and seven fiat currencies.
Advanced Trading Features. Besides margin, stop orders, and crypto short sales, Kraken also offers a dark pool where high-volume investors can trade anonymously. Members can leverage a currency pair by up to five times. Eligible pro clients can access up to $500,000 in margin.
Top-Notch Security. Kraken has not been hacked since its launch in 2013, and it’s widely recognized in the industry as one of the most secure cryptocurrency exchanges.
Current Kraken Promotions
20% Commission Affiliate Program
Kraken is offering new members a chance to get paid 20% of your referral’s fees! This goes for as long as they trade with Kraken, up to $1,000 per referral. Payments will be paid once a month and will automatically credit to your account.
- What you’ll get: 20% Commission Affiliate Program
- Who is eligible: New members only
- Where it’s available: Kraken Affiliate Program
- How to earn it:
- Refer using your referral link
- Your referral can start trading and you can start earning!
- Offer terms: Please note, your referral must click your affiliate link and register on the same device and browser for your referral rewards to apply.
(Visit the link above to learn more about its features, not a referral link)
Kraken has fees that are competitive with the other cryptocurrency exchange programs. They’re not the cheapest, but their maker-taker fees are lower than average, one of the most popular crypto exchanges on the market.
Like other platforms, Kraken’s fees depend on how much you trade each month, with discounts given to large trading volumes. Deposits and withdrawals also come with a cost and vary from coin to coin.
|Crypto & FX Pair Fee||1.5%|
|Online Bank Processing Fee||+ 0.5%|
|Payment Card Processing Fee||+ 3.75% + €0.25|
& FX PAIRS
|Maker Fee||0.00% to 0.16%||0.00% to 0.20%||0.0000% to 0.0200%|
|Taker Fee||0.10% to 0.26%||0.00% to 0.20%||0.0100% to 0.0500%|
Margin fees range from 0.01% to 0.02%, depending on the base currency. Kraken members in the United States are limited to a 28-day maximum.
Kraken is a great place for experienced investors who want to make the most of margin trading and other advanced features. They offer a wide range of cryptocurrencies, reasonable fees and a high level of security.