How do you use the Kraken referral code?
Five steps, about 15 minutes of hands-on work in total (excluding transfer processing and identity verification times).
- 1
Open the Kraken sign-up page via the referral link
Going through the link, the code f83yfy8y is applied automatically. If you sign up without the link, enter the code in the "referral code" field when you create the account, it can no longer be added afterwards.
- 2
Verify your identity (intermediate level)
The intermediate-level KYC verification is required for euro deposits and for the bonus: ID document and proof of address, directly in the app. Expect anything from a few minutes to a few hours.
- 3
Deposit about €205 by SEPA transfer
The deposit must be a euro transfer (SEPA, free at Kraken), a card purchase does not count towards the bonus and costs about 3%. Why €205 and not €200? Because transaction fees don't count towards the required volume: the €5 margin absorbs them.
- 4
Buy €200 of crypto (excluding stablecoins)
Make at least €200 of crypto purchases, fees not included, excluding stablecoins, within the time stated in the app. Use the Kraken Pro app (free, to install then log in with your Kraken account): fees of 0.16%-0.26% per order, far less than instant buy.
- 5
Receive your bonus
Once the conditions are met, Kraken determines the amount of your bonus at random, up to €250 depending on the current offer. Payment usually within 14-21 days, directly to your Kraken account.
What are the exact terms of the Kraken bonus?
Terms verified in the Kraken app on 12 July 2026. Programme terms may change: the app is the source of truth.
| Status | New Kraken customers only |
|---|---|
| Sign-up | Via the referral link or the code 'f83yfy8y', entered when creating the account |
| Residence | An eligible EEA country such as Ireland, the UK and the US are not eligible |
| Verification | Intermediate-level KYC completed |
| Deposit | In euros by transfer (SEPA), card purchases do not count |
| Required volume | €200 of crypto purchases, excluding stablecoins and fees, within the time stated in the app |
| Bonus | Random amount, up to €250 depending on the current offer, form and amount set by Kraken, not guaranteed |
| Payout | Usually within 14-21 days |
How much is the Kraken referral bonus?
The bonus goes up to €250, depending on the current in-app offer. Once you meet the conditions, Kraken draws the amount at random: you may receive much less than the maximum, and the form of the bonus (crypto credited to your account) is also set by Kraken.
Why we never show a guaranteed amount
Some sites promise '€250 free'. That is misleading: the Kraken referral programme guarantees neither the amount nor the form of the bonus. We prefer to show the real conditions, exactly as we verify them in the app.
How can you avoid fees on Kraken?
Two habits are enough to cut your fees by more than 90% compared with the default route:
- Deposit by SEPA transfer, never by card. SEPA transfers are free at Kraken; buying by card costs about ~3 % of the amount. On €205, the difference already pays for part of your first position.
- Place your orders on Kraken Pro, not through instant buy. Kraken Pro is a free app, separate from the standard Kraken app: once your account is created, install the Kraken Pro app and log in with that same account. Its fees run 0.16%-0.26% per order, versus a much higher cost through 'one-click' instant buy.
Mind your net volume
Fees do not count towards the €200 of required purchases, and stablecoins are excluded from the calculation. So buy a little above the threshold (hence the recommended €205 deposit) and track your progress in the app.
When is the Kraken bonus paid out?
Once all the conditions are met, the bonus is usually credited within 14-21 days, directly to your Kraken account. You can track the status of your referral in the app. If nothing appears after that time, check each condition (in particular the bank-transfer deposit and the net volume excluding fees), then contact support from your account.
Frequently asked questions about the Kraken referral code
What is the Kraken referral code in July 2026?
How much can you get with the Kraken referral?
Is the Kraken bonus guaranteed?
Who can use this Kraken referral code?
Should you deposit by card or by bank transfer?
How much do you need to buy to unlock the bonus?
When is the referral bonus paid out?
Is Kraken regulated in Europe?
Is Kraken reliable and secure?
How do you pay less in fees on Kraken?
Do I need to declare my crypto for tax?
What should you do if the bonus doesn't appear in your account?
Investing in crypto-assets carries a risk of partial or total loss of capital. Past performance is no guarantee of future results.