• expired

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

3041

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.

Referral Links

Referral: random (622)

Referrer and referee each receive A$50 BTC after referee trades A$200 of crypto in the App within 30 days.

Related Stores

Kraken
Kraken

Comments

  • +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.

  • +1

    I was eligible for 10 referrals based on the confirmation emails I received only $100.

    It appears Kraken doesn't way to pay.

    • Yeah they prob found out about people complaining and are honoring 1 payment…

      • My friend signed up on 6 June using tweaked $100 link so technically it was less than 14 days for this 1 referral bonus.

        All other referrals signed up from 29 May to 4 June.

        Their system is totally crooked!

  • Nothing here. I am a refferee. got 3 confirmation emails. 0/3 landed.

    • +1

      Nothing here yet, 0/2 bonus received.

      • +1

        I already left a 1 start review. Its been 15 days. Email said within 14 days.. Will wait till tomorrow and make a complaint with the asic. Isuggest everyone do the same unless you get paid for all the bonuses you recieved emails for. This is the 2nd crypto referral/signup scam after OXO. Never again !!

  • No sign up bonus nor 0/2 referrals for me.

  • +3

    I just want one bonus paid out and I will move on

    • Same 0/3. Complained and waiting for a supervisor to answer back

      • let us know the process you go through and the outcome

        • Thank you once more for your patience as we reviewed this matter.

          As previously mentioned, our system indicates that the referral accounts are ineligible for the bonus credit due to a violation of the terms and conditions.

          Regrettably, we are unable to modify this decision as of now. 

          As explained earlier, we require your referrals to contact us from their respective Kraken accounts in order to further investigate the situation.

          We hope this helps in clarifying the matter.

  • I just want my 100$ so I can dip from kraken sooo badd

  • there are 600 people at least here that signed up going by the generator. curious if only a small portion have received their bonus so far.

  • Anyone received more than $100 in referral bonus yet?

  • $100 received out of 4 x $100 referrals..

  • I'm assuming nobody has recieved more than one referral reward.

    • I recieved two

      • So 2x $100 ?

        • Yes one OzBargain referral one from my gf

  • I just received $50 for a referral for the new promo and I should have another $300 for sign up and referral.

  • Nothing here either :(

    Maybe we are at the mercy of whether the referring account broke the terms or something

    • Broken what terms is the big **** question.

      Is it against the terms to have referral posted online in the generator, to be shared with strangers? Clearly not if some people were awarded their bonus.

      Everyone has done the right thing as far as I can imagine, so I would love to know what the 'reason' is if any.

      Ran out of referral money to give?

    • 8 $100 bonus confirmation emails
    • 0/8 paid
    • No support tickets raised (what's the point)
    • Started my referral from Ozbargain and referred 2 friends, the other 5 came from Ozbargain clicks.
    • Sold / withdrew my initial $200 BTC yesterday, after it seemed the referral bonus was never going to come (I left it in there to keep up the image that I will become a real customer, rather than just trying to get the bonus).
  • I was asking regarding my own sign up bonus. They are obviously scamming people as this does not even apply…

    Thank you once more for your patience as we reviewed this matter.

    As previously mentioned, our system indicates that the referral accounts are ineligible for the bonus credit due to a violation of the terms and conditions.

    Regrettably, we are unable to modify this decision as of now. 

    As explained earlier, we require your referrals to contact us from their respective Kraken accounts in order to further investigate the situation.

    We hope this helps in clarifying the matter.

  • Here's the thing, I'd never used kraken before, however this referral got me to finally sign up. I thought kraken pro was easy to use and has been my goto whilst waiting for the bonus. They can choose to stiff me but they will then guarantee that I will never, ever use their product again. And a complaint to the ACCC. If enough people complain the ACCC may take action (like they did against Valve). If they want to do business with Australians they can't scam Australians especially in an industry that already is known for scams.

  • +1

    New message from customer support:

    Thank you for your patience as we handle an increased volume of support requests.

    I see you're wondering about referral bonus.

    We've received news that we're currently pausing the referral bonus payout for clients in Australia. You were informed earlier about being disqualified due to this situation. I'll reach out to the team again to clarify whether the bonus is suspended or just paused.

    I appreciate your understanding as this may take a little time, but we will keep you updated.
    Thank you for your understanding.

    • I was informed this exact message on chat few hours ago too.

    • +1

      In other words, they got ozbargained n not willing to pay up.

  • Lol and refusing all my bonuses

    They email me this mornings

    Hi there,

    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!

  • +1

    Further update:

    At this moment, we have not heard when exactly these will be paid out, however the timing has changed for all the referral from 14 days to 21 days.

  • Signed up with referral, for the initial email saying I qualified.
    Didn't get any bonus yet.

    • The bot gives you the runaround saying it's 21 days or you didn't qualify.
      Been waiting for an agent, wait time keeps saying from 1-3 minutes for past 10 minutes already and still waiting.

  • +2

    This is the response from customer support.

    "We can confirm participation and further completion of the referral campaign. At the moment, our internal team is working diligently to go through eligibility checks and scheduling payouts for eligible clients.

    This means that it may take us more time to deliver. Rest assured, new updates should be present by the end of the week. 

    Feel free to reach back if no updates are received until the start of next week. For now, please allow us time to make sure that fairness is maintained."

    i will wait till next week. If not will complaint ACCC and leave review.

    • Keep us updated and the process of ACCC complaint. Thanks.

      • How are you going to complain to ACCC since they are not a participant?

        • Kraken is a registered company in Australia (Bit trade pty Ltd) so by default would be covered by ACCC

  • The live chat won't connect me to live chat so I sent an email.

    Not expecting to get paid out based on the previous responses here but let's see.

  • Did not get any of my referral bonuses either.

  • Please keep the updates on this coming in!

  • +2

    Scam, i used kraken for ages but I might dip out of kraken. Revolut has crypto so i will go there. If they scam now, they could scam with something else. Not being able to complain with afca is another neg.

  • +1

    So like many others I waited the 14 days after getting the email confirming I qualified for the $100 bonus. The Chat bot has disabled the ability to speak to support staff about the promotion so I have filled in their complaint form but don't hold out any great hope. I am only waiting for the initial $100 sign up bonus so I'm hoping this works in my favour as it's not much for them to deny me.

  • Messaged in the app, and was told to wait 21 days for the bonus to be paid out. Fingers crossed!

    • Told by the bot?
      The bot initially told me:

      The referral bonus is typically paid out within 21 days of completing the required conditions. Since it's been 14 days, you might need to wait a bit longer. If you still don't receive it after 21 days, please check the specific terms in your Kraken app or contact support for further assistance.

      My view: if you change the payout date of a promotion you were running (which shouldn't happen in the first place), then at least have the curtsey to inform participants pro-actively, you don't leave them in the dark to raise support tickets and then have bot provide vague responses.

      • +1

        Nah went through to proper support staff, but agree with you on the changing terms side of things.

  • If you can’t get through to the support chat, message them on Instagram. They are very responsive and will escalate your support ticket.

    I’m waiting for 0/3 bonuses.

  • Joined on May 29 and had two referrals on May 30. Nothing received so far. Feedback from support is:
    "Looks like the massive influx of Australian signups cause a slight delay with these, we're clearing everything as fast as we can. You should have it shortly"

    • fingers crossed

  • Pretty disappointing.
    No payout as promised.
    Got this from chat:

    Thank you for your patience while I looked into this! I am going to have to escalate this ticket to our team of specialists who will assist you further with this matter.

    They are going to reach out to you soon via email, and you will be able to maintain direct communication with them there. After this chat, we will send you a confirmation email, and if you have any additional questions, you may respond to that confirmation.

  • Any updates?

  • +1

    Did all that kyc bs for nothing…

  • Received bonus emails 30 May but haven’t gotten anything. Can’t even get to a human via live chat :(

    • Perhaps they have all resources tied up in checking referral bonuses…

      or they have banned Australia…

      remaining somewhat optimistic, 21 days would be around 19th June yeah?

      • +6

        There was no breach of T&Cs so I highly suggest to raise complaint with local.regulatory bodies because they have committed financial misconduct and identity fraud by offering bonus to sign up and then backed out.

        It's shane they are not AFCA registered but you can still complaint to ASIC ACCC, OAIC and AUSTRAC. Once they receive plenty of complaint, they are likekly to take action.

        • Thanks - I mentioned this in my reply to them. Will complain if they still refuse to pay

    • Got a response after emailing support. They're not going to pay out the $100 sign up bonus OR the $100 referral… What a scam

      • whats the reason ?

        • “Did not meet Terms of Service” - didn’t specify further

      • Received both today… very confused but happy with the result

  • +1

    I did ask the chat bot about the progress of referral payout and it replied with

    " It seems like the referral bonus payout for clients in Australia is currently paused. Unfortunately, I don't have a current timeline for when it will resume. I recommend keeping an eye on any updates from Kraken regarding this matter. "

  • +1

    I've been spamming their support with emails. They last told me that they are processing my account and they'll notify me when verification is complete.

  • +1

    So this time someone on live chat told me, that bonuses are pending and wait 21 days etc

    So the original live chat operator telling me i was not approved/breached TOS has lied, as the second live chat operator would have informed me the same information

    Seems they just make bullshit as each day comes

    • wow, and then they expect you to trust them with (all) your money…
      I'd rather have them tell you "I'm sorry, I'm not aware of this promotion. But let me check this for you with backend team …" (I can understand if you want to do 24/7 support that sometimes you might have somebody from a different region. Could still be solved by them having a proper register of promotions etc.).

      • yup its crazy isn't it? Funny thing is i've used Kraken as my go to for crypto and have put through well more than 10K worth of transactions the last couple of years. If they don't honour my 2 referrals i guarantee i'm never using them again and I'll tell my mates who I referred to do the same.

  • back to last week they told me Australia is not eligible for the referral program! what a scam

    • I think it may be uneducated agent. The agent I spoke to said there s a delay and wait for 21 days. Not saying they re great but better than ineligible answer.

  • Latest I've been told is "Upon checking, your scheduled payout will be on 20-Jun-2025 00:28 UTC."

  • +10

    Im waiting until 22nd june ( more then 21 days ) before i write as mnay negative reviews on every site i can

    • +1

      same here

  • +1

    Appears Kraken has failed.’

    After so many positive comments and hearing good things about Kraken, reputation down the drain.

  • -2

    I'm still waiting; I've only received one referral. But I'm sure with the amount in my account, when I mention closing it, they will come to the party.

    • They fail to provide $100 referrals but you’re comfortable leaving a large amount in there?

  • +2

    Just received information that they've processed my referrals and have scheduled payout within the next 3 days. I'm expecting several referral bonuses so will report back soon.

    • +1

      Did you engage support for this information, or did it come via an automated email?

      • Yes, been hounding support every 2 days.

    • +1

      How many referrals are we talking about?

      • 4

        • Nice :) I only have one and told to wait til 21st June…

Login or Join to leave a comment