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In February, Kraken presents an appealing offer for its users. The cryptocurrency exchange has introduced a new incentive initiative that provides a flat 3% match on new deposits.
The extent of this offer is significant; the match is applicable to deposits between $1 and $1 million, with a maximum potential payout of $30,000 for each user. This promotion is valid for both cash and cryptocurrency deposited into the app.
For users, this offer is a clear and uncomplicated option in a market often filled with intricate deals.
The Mechanics of the Match
This promotion is available until March 9th. Unlike tiered systems that reserve higher yields for VIPs or specific token holders, this 3% rate is uniform. It activates with a minimum deposit of only $1. The upper limit is substantial, capped at $1,000,000 in Net Eligible Deposits (NED), which equates to a maximum reward of $30,000.
February Deposit Match: Receive a 3% match on new cash or crypto deposits made on the platform between February 2nd and March 9th.
Simple and straightforward value: A single competitive match rate applies to all — 3% on all eligible deposits, up to a total of $1,000,000 throughout the month.
Flexible funding: Deposits can be made in one transaction or multiple transactions — all eligible deposits during the promotional period are counted.
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The reward will be issued in USDG for users in the U.S. (or USDC for those in Canada). The payout is expected to occur within 14 days following the conclusion of the promotion on March 9th.
The reward calculation is based on “Net Eligible Deposits.” Kraken determines this by deducting external withdrawals made during the promotional period from the total external deposits.
This assessment takes place at the end of the promotional window. This measure prevents users from cycling the same funds in and out to artificially boost their deposit figures.
Using the App and Auto-Earn
<pparticipation requires specific actions. this is a mobile-centric campaign and limited to the standard kraken app; it does not extend pro. users accustomed advanced trading interface of pro will need switch consumer app take part.
There is also a functional requirement: Auto-Earn. Users must have this feature activated to be eligible. If a user does not have Auto-Earn enabled when they opt in, the app will display a pop-up prompting them to activate it.
<pfunding is adaptable. users are not required to transfer a lump sum qualify; instead, the structure allows for multiple transactions. user can execute one large or gradually deposit funds over weeks. as long net positive flow recorded by march 9th deadline, it will count towards ned total.
Kraken’s Excellent Security and Trust
<pin the cryptocurrency sector, trust is a valuable asset that often scarce. established in 2011, kraken has an impressive track record. it among few exchanges from early bitcoin era successfully avoided insolvencies, hacks, and regulatory shutdowns have affected many of its peers.
<pthe exchange caters to over a million clients and supports wide range of assets.
Disclaimer: This is not investment advice. Trading in cryptocurrency carries a risk of loss. Void where prohibited by law. Geographic restrictions and terms apply.
Eligible 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)
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