• long running

Bonus A$100 in BTC Each for Referrer & Referee after Referee Trades A$200 in Crypto within 30 Days @ Kraken (App Required)

3221

Kraken is currently running a referral promotion for new users. If you sign up using a referral link and trade at least $200 AUD worth of crypto, both you and the referrer will receive $100 AUD in Bitcoin.

  • I recommend using Up with PayID for the $200 deposit (and ANZ may/may not work), since ING and CBA may hold the transfer for 24 hours.

  • After buying the A$200 BTC, I instantly received a reward notification for the A$100 BTC.

Tip 1: To pay lower fees on buying/selling, get the Kraken+ trial and then cancel it after.
Update - Tip 2: Some users have mentioned that you need to ensure that you enter the referral code on signup, if it doesn't automatically populate. The referral code appears on the referral link. If it automatically populates, as it did for me, you don't need to bother with the code.


How it works  
  1. Invite friends
    Share your referral link to get started.  
  2. Friend joins and trades
    They sign up, fund A$200 and trade A$200 within their first 30 days.  
  3. Get paid together  
    You both earn a A$100 bonus, paid within 14 days.  

Note: Offer only valid for new accounts signed up via the Kraken mobile app.  

Rewards are paid in BTC.


Key Info

  • Offer is for new Kraken accounts only  
  • Must use a referral link when registering  
  • Trade must be completed within 30 days of signing up  
  • Bonus is paid in BTC and credited automatically  
  • Kraken is AUSTRAC-registered and widely used in Australia

Referral Link

Use the OzBargain referral system below this post to get a referral.

Mod: Cleaned $100 Referral system 6/10

Kraken Referrals

Referral: random (356)

Referrer and referee each receive A$20 USDG after referee trades A$200 of crypto in the App within 30 days.

$100 Referral: random (31)

Referrer and referee each receive A$100 BTC after referee trades A$200 of crypto in the App within 30 days.

Related Stores

Kraken
Kraken

Comments

Search through all the comments in this post.
  • FWIW, I've referred family member with previous week's $100 BTC referral link and code, they topped up $200 and completed $200 trade, and we both got the email.

    "Thanks for referring a friend! We're thrilled to announce that you and your friend have both qualified to receive the 100.00 AUD in BTC bonus!"

    I'd suggest using a $100 BTC link than a $50 one.

  • Been 14 days… nothing

    • Its been 13 days since the 29th right?

      • If you include 29th its 14 day's

        Maybe tomorrow's

  • btc went uo by 9% since the deal so it would have been an extra $9 per $100 if they depoited it sooner

  • Unfortunately, we’ll be unable to pay out one of your recent referral bonuses as it was found to be in violation of our Terms of Service. As a reminder:

    • The friend you refer must be a new Kraken client (i.e., they must not have previously created a Kraken account before the account created with your invite link).
    • There is a maximum of 1 reward per device per household on, first come first serve basis.

    You’re still able to refer other friends or participate in other incentives.

    Scam ?

    whom would we report kraken to ? sure not afca i am guessing ?

    • Were you violating the terms?

      • How am I am I violating terms ? I am the referrer. I posted my link on ozb like everyone else. There are actually people on here using rigged $50links to get $100..

        mine was $100 link.

        • +2

          Possibly the random that linked your referral link already had a Kraken account, and created a new one to get another $100

          • @whey4000: so accoring to what you said, I shouldnt have recieved emails that i got a bonus then. Then How do you explan that ?

    • +3

      —- DO NOT SIGNUP —— —— DO NOT SIGN UP TO KRAKEN ——— —— THEY DO NOT HONOR THEIR PROMOTIONS ———- —— DO NOT SIGNUP ————

      I will be reporting to

      https://www.accc.gov.au/consumers/advertising-and-promotions…

  • Has anyone got their bonus's??

  • https://www.ozbargain.com.au/node/908641

    anyone got their bonus? I have asked customer service and they told me the referral program only available to US but not for Australia

    Anyone heard the same? This cannot be right.

    • +1

      Thats bull because the campaign was an ‘aud’ specific campaign…

      • +1

        Exactly.

        Plus, anyone who successfully was referred by someone or referred a friend, received the qualifying email stating the bonus would be credited in 14 days.

  • WTF…

    https://www.kraken.com/en-au/referrals?utm_source=app&incent…

    Eligibility and Program Rule

    The Kraken Referral Program is available only in the United States (excluding Maine, Washington and New York), Canada, Netherlands, France, Spain, Poland, Italy, Belgium, and Ireland.

    When will I receive my bonus?

    After your friend signs up and completes the required steps, please allow at least 21 days for the Referral Bonus to be deposited into your Kraken account.
    You can track the status of your own progress in your Referrals dashboard.

  • -2

    300+ upvotes and not a single person read the terms of the referral campaign prior?

    I am in disbelief right now

  • -1

    Oh man, they probably got $7 from each person who signed up right? I bought $200 BTC and sold for $193 immediately, so they must have taken some cut even with the "fee free" Kraken plus thing.

    Pretty disappointing. Maybe OP should have waited until they got their bonus to post, but then miss out on potential referrals.

  • Anyone have any screenshots of the "Eligibility and Program Rule" from when they signed up?

  • Tried to message support "A specialist should get back to you within 920 minutes."

  • The fact that the app promotes in your face Refer a Friend to get bonus, would be deemed misleading and unconscionable conduct if it were not meant for Australian customers, right?

      • +1

        If Kraken does not pull through on this one, they are about to lose as many customers they gained.

    • +5

      Seems silly to show Australian users the whole time they are eligible for the bonus, send emails saying they will get the bonus, encourage them to invite people for more bonus and then deny it.
      By silly, I mean scammy, of course.

  • What about those emails that said we have qualified for the bonus?

      • +1

        if bound by terms, then they shouldnt have sent those emails… because they would be violated..

  • +1

    Boom!

    Found one link that does infact state Australia.

    Bet you the old referral campaigns are outdated and simply not added Australia yet.

    https://support.kraken.com/en-au/articles/kraken-pro-app-ref…

    • "This article is tailored to clients using the Kraken Pro app."

      • I will do you one better

        https://support.kraken.com/en-au/articles/kraken-app-referra…

        Going by this article, we are looking at 21 days if accurate

        • The bonus confirmation email from Kraken says it would be credited in 14 days.

        • Also going by that article, it's for the $20 bonus..

          The bonus payout is a fixed amount of $20 in your default currency. This could be €20 worth of BTC, CA$20 of BTC, $20 USDG).

          There's too many referral programs with differing T&C, who knows which one is accurate and which one they'll choose. At the end of the day, in the first T&C you linked they state the bonus is effectively at their discretion. So they can just decide not to award any bonuses regardless of the rest of the T&C.

          • Referral Bonuses are not guaranteed – While Kraken makes a good faith effort to pay Referral Bonuses, we do not guarantee payouts on every referral.
          • Kraken reserves the right to limit, modify, or terminate the referral program at any time, for any reason, and without notice.

          Honestly who knows what they're going to do. I'm in for $800 in bonuses, but I'm not holding my breath lol.

  • +1

    Knew it, too good to be true OXO oulled the same shit. But i thought kraken would honor this..These exchanges just bring bad reputation to crypto..

    All crypto refferals need to be banned on ozb because they never get honoured.

    kraken now has free personal information including id for free now.

  • Kraken live chat just said i broke the terms and condition

    Not entitled to signup bonus

    Not entitled to any referral bonuses

  • +1

    They refuse to state which terms of service i violated, and refuse to discuss

    I think a massive complaint needs tk be made

      • This is where reddit and 4chan come into play

    • Bad review on play store is the beginning. Where and what else should we all do.

  • +1

    Zero hope that any bonus will come based on other comments.

  • It's not looking great…..but technically 14 days haven't passed since this deal was posted (later today). So let's wait a fraction longer and see.

  • +1

    Associated not ai @ Kraken on 29/05/2025 - 19:17

    Kraken staff actually posted the referral terms and conditions in this thread back on page 1, clearly they were aware of this signup and supporting it's promotion actively here

  • I am still cautiously optimistic of getting paid. Live chat saying ineligible/not paying out etc may be wrong. There would be a good level of automation with referral bonus payments from Kraken end around the 14 day wait, so we will probably know a lot more in 6/7 hours if we see payments start flowing in, or nothing..Fingers crossed

  • One live chat rep told my friend who isn't entitled as he is in Aus

    They told me i broke the TOS as the person who referred me has duplicate accounts, and that they "review" every account
    i asked for my review and details and they wouldn't provide

  • —- DO NOT SIGNUP —— —— DO NOT SIGN UP TO KRAKEN ——— —— THEY DO NOT HONOR THEIR PROMOTIONS ———- —— DO NOT SIGNUP ————

  • +7

    Can I suggest people stop raising this with customer service until the deadline has passed?

    There is a good chance these referral bonuses are somewhat automated. The more people draw attention to this the more likely Kraken is to start reviewing every referral and finding excuses to disallow.

    • This is the best way. I’m waiting until after deadline passes before making contact

    • The deadline passed, 2 days for most.

      one person reported getting referral, no one else

      it means that they denied them all, nothing automated…?

      • 14 days ago was 29th May. This deal was posted early evening on 29th. Not sure if you mean deadline passed for people who referred or referred prior to deal going on ozbargain?

  • Wild if this whole thing was just a ploy to get new signups at no cost lol

  • +1

    So when & where do we start posting the 1 star reviews?

  • From people messaging me

    Customer support has a few responses

    1. Not entitled to promotion due to being in Australia, this is sus and sounds not true

    2. Void the TOS but not state how, sus

    3. Void TOS but state the person whonreferred you has multiple accounts, so not valid to promotion, breeders that does not explain not getting referrals for others

    They did mention to get the person who referred you to contact support, most people cant do that, but i cojld understand if this was one or two, but considering no one's got their referrals, i think this is an excuse they using

    • +2

      So they say it's not valid in Australia. Yet a condition was to trade AUD$200 for crypto NOT USD$ not CAD$ . $200 Australian Dollars.
      They can get stuffed
      Edit: Checked email and said qualified for AUD$100 of BTC

      So their Aussie argument is really invalid

  • +1

    They clearly got oz-bargained and don't want to pay out the amount they owe. I'm not holding my breathe in getting anything.

  • Can they go lower than 1.3 on trust pilot anyway, not sure it will hurt them much more :p
    Shame had 3 referrals in, no news obviously like everyone else. I am not sure it is even worth my time contacting them to hear no sorry you are not eligible (we scammed you) :)

  • Well been 14 days now.

  • We have carefully reviewed the information. Due to security purposes, we are unable to provide details about other Kraken accounts.

    We can see that the previous referred users did not met the requirements. Eligibility is based on the terms and conditions. 

    There is further information available here: https://www.kraken.com/referrals

    After I made contact to three referrals not being credited AUD100 worth of BTC. Pretty disappointing really. Seems they really are not honouring this promo, otherwise there would have been quite a few people by now confirming they received their BTC.

  • +6

    Bit Trade Pty Ltd (ACN 163 237 634) is the operator of Kraken in Australia. They are not registered with AFCA though they hold AFSL so you can't raise a complaint with AFCA. Someone tried to obtain evidence how ASIC provided exemption to them to not hold AFCA membership under Freedom of Information but no document could be located and their request was declined.
    https://www.righttoknow.org.au/request/asic_investigations_a…

    They have already been prosecuted by ASIC for design and distribution failure.
    https://asic.gov.au/about-asic/news-centre/find-a-media-rele…

    I suggest everyone to lodge the following complaints:

    ASIC: Report misconduct via link below. ASIC is likely going to take action if all of us raise complaint as it's systematic issue where Kraken provided misleading and deceptive by confirming in writing that we will be receiving the referral within 14 days after sign up of each referral. The referral email clearly stated that we will be getting A$100 in BTC within 14 days.
    https://moneysmart.gov.au/how-to-complain
    https://asic.gov.au/about-asic/contact-us/reporting-miscondu…

    OAIC: Raise a privacy complaint as Kareken had no intention to provide referral bonus and they solicited information to bump up their accounts. They sought all sort of personal information including photo and ID copies. In my view, they breached APP3.
    https://webform.oaic.gov.au/prod?entitytype=Complaint&layout…

    • +1

      Just make sure tyou guys say that Kraken now has obtained personal Information of your friends, including id and photo on false premise of this promo. This is just scummy to use a customer like this.

    • +2

      Yes, they should be banned from Ozbargain. I just withdraw my money and will submit negative reviews everywhere.

  • +1

    Got my $100 bonus just then

    • Same.

      Edit: The person I referred signed up on 2/6 and got referral so within 14 days.

      • +2

        Nothing here, 30th may signups.

  • Got my referee bonus just now too!

    Great News! You just got paid 100.00 AUD in BTC!
    Want to Earn Even More ?💰 Invite your friends to Kraken and get rewarded for each successful referral! The more friends you bring, the more you earn

    • Did you get an email when they deposit the $100?

      • +1

        Yes that quote bit is from an email sent by Kraken. This is the referee bonus.

        • Good to know. Saving me from keep opening the app checking my balance

  • Just got mine as well

  • Unpublished previous comment as it looks like they changed their mind, got mine as well so previous comment was inaccurate.

  • +1

    Received $100 so far. Expecting another 5 or 6 hopefully.

  • +1

    0 for me so far

  • Got mine as well, though not all of it yet.

  • -1

    fingers crossed, maybe i annoyed them too much

  • Just received my bonus.

  • +1

    Just received my $100 bonus but interestingly the email reads as if it is a referrer bonus rather than a referee bonus which I would have expected to come first.

    • Yep same not quite sure why that is

      • Same here. Got bonus for referrals( they got their $100 as well) but i have not received referee bonus? I used link from ozbargain on 30/06 to open my account and referred on 01/06 and 05/06.

  • I received two rewards one at 11:06am and one at 11:07am for $100 of BTC each. When I click on referrals in my profile on the app it says Bonuses received A$100 - A$1,000 remaining.

    • +2

      One for you as the referrer, and another for you as the referee

      • That makes sense, I used a random code from the pool at the top of the page to sign up on 02/06/25 and then added my own code there so another random user must have used my code successfully. Everyone should get their bonuses too since I did nothing different. I never reached out to Kraken since 14 days hadn't passed for me yet.

  • fingers crossed i get some :D

  • Can anyone confirm if they haven't got their bonus but should have?

    • +1

      Yes, me and they are trying to tell me same trash

    • +1

      I think it was because they changed their mind, i dont think this is automated.

      • I think that you think too much.

    • They clearly didnt want to pay out.. but I suspect they would have seen the comments on here and some reviews that have started to appear online, now they are paying out because its cheaper than the damage of not paying out.

    • +2

      I think they were justified, (assuming the 14 days had actually passed), people were being told they weren't getting bonuses with genuinely bullshit excuses from kraken.

      • Yeah, I'm not going into bat for Kraken, they could have managed this better, more efficiently, swiftly and with more transparency. But that might be expecting too much from a crypto platform!

    • Didnt get mine, signups from 30th may. So stop scamming. They are also only paying 1 bonus only so far.

  • I received today $100 aud in btc

    • +1

      I got 1 $100 aud too. But I got 4 emails of referral successful during the period. 🤔
      Is that it Kraken only wanna pay?

  • Received today:

    Thank you for reaching out to us. 

    We appreciate you referring others to Kraken. As stated in our Referral Terms, (https://www.kraken.com/en-ca/referrals) while Kraken makes a good faith effort to pay referral bonuses, we do not guarantee payouts on every referral. 

    In this case, the referral did not qualify under our Terms of Service (https://www.kraken.com/legal), which is why the bonus was not issued. 

    We understand this may be disappointing, and we want to assure you that all referrals are reviewed in accordance with our policies.

    This does not impact your ability to earn referral bonuses in the future. As long as upcoming referrals meet the program requirements, you will be eligible to receive the bonus.

    Thank you again for helping grow the Kraken community.

    • +1

      So did you get any referral bonuses yet?

      Being the poster of this deal, I assume you had a few sign up under your referral link?

      • +2

        I only have one referral bonus, recieved about an hour ago. This was potentially the bonus from the referral link I signed up with.

        I have not received anything for the other 10+ referrals, a few of which include close friends.

        • That sucks. I wonder if your friends would also have had their bonuses declined?

        • I assume you would have reached at least 10 referrals (10 email confirmations) in the first day of posting this deal… or check how many email confirmations you got in the first day.. and see by tomorrow how many gets paid out.

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