How to use Kraken
referral code rfqr7jtt
Claim your Kraken welcome bonus of up to $20 USDG in five clear steps — sign up with the code in the Kraken app, verify, fund by bank transfer, and make one qualifying trade before your in-app countdown runs out.
Last verified: · against Kraken’s official docs
- 1
Open the invite link or enter the code
Open the invite link on your phone so signup happens in the Kraken app — Kraken's current terms require referred signups to go through the mobile app — and the referral attaches automatically, or paste code rfqr7jtt into the referral field on the app's signup screen. You must be a brand-new Kraken user — the code can't be added to an existing account, and duplicate accounts or devices are disqualified.
- 2
Create and verify your account (KYC)
Register with your email, then complete identity verification. Kraken is a regulated exchange, so a photo ID is required before you can fund or trade. This usually takes a few minutes to a few hours.
- 3
Deposit fiat by bank transfer
Fund your account with cash (USD, EUR, etc.) via bank transfer. Debit/credit-card deposits are excluded from the referral requirement. The minimum amount you need is shown inside your Kraken app.
- 4
Make one qualifying trade
Buy real crypto (for example BTC or ETH) to reach the trade amount shown in your app. Stablecoin-only trades don't count. Kraken's referrals page gives you 15 days from signup, and the app shows your exact countdown — treat 15 days as the deadline and finish early.
- 5
Receive your bonus
Once you've met the deposit and trade requirements, Kraken pays the welcome bonus to your account within 14 days. You can track referral status in the Kraken app under the referral/gift section.
Troubleshooting
Use the invite link directly (https://invite.kraken.com/JDNW/d6ypxcgy) — it attaches the referral without manual entry. If you already created the account without a code, it can't be added afterwards.
Confirm all four conditions are met — new account opened in the Kraken app, verified, fiat deposited by bank transfer, and a qualifying non-stablecoin trade — all inside your in-app countdown. Payout can take up to 14 days after completion.
Yes in most states, but the referral bonus excludes Maine and New York. Your friend must live in the same country as you (within the eligible EEA countries, cross-border referrals are allowed).
Bank transfers are not instant — ACH, SEPA, and wire deposits typically take 1 to 3 business days to land in your Kraken account. Check your bank's outgoing transfer status first, then Kraken's funding history. Send the deposit early — Kraken's referrals page gives you 15 days, so transfer time genuinely matters.
The referral reward tracker lives in the standard Kraken app, not in Kraken Pro. Both apps use the same account, so open the regular Kraken app and look for the gift/referral section to see which requirements you've completed.
Check what you actually bought — stablecoin trades (USDT, USDC, and similar) don't count, and the trade must reach the amount shown in your app. Progress can also take a short while to update in the tracker after a trade settles.
Referral link vs referral code: which should you use?
Kraken gives you two ways to attach a referral to a new account. For the app welcome bonus they pay exactly the same reward — up to $20 USDG for you and the referrer, subject to the same requirements; the difference is purely mechanical. One exception worth knowing: our Kraken Pro invite link carries a different reward entirely — 20% cashback on trading fees, shown on Kraken’s own signup page — and that offer is tied to the link, so use the link (not the typed code) if the cashback is what you want.
The referral link (an invite.kraken.com URL) attaches the referral automatically the moment you open it and start signing up. There is nothing to type and nothing to get wrong, which is why it’s the option we recommend for most people. Open the link, complete the signup form, and the referral is already recorded against your new account.
The referral code (rfqr7jtt) does the same job, but you enter it yourself: on Kraken’s signup screen, look for the referral or promo field and type the code in before you submit the form. This is useful when you’re signing up on a different device from the one where you found the code — say you read about it on your laptop but want to create the account in the Kraken mobile app. Codes survive being written on a note; links sometimes don’t survive being retyped.
Two practical cautions. First, whichever route you choose, the referral must be attached before the account exists — there is no way to add it later. Second, if you open the link but your browser blocks redirects or you switch apps midway, the attachment can get lost; typing the code into the referral field is the belt-and-braces fallback. If both the link and the field are available, using the link and then confirming the code appears in the referral field costs you ten seconds and removes all doubt.
How long does verification take?
For most new users, Kraken’s identity verification takes a few minutes to a few hours. The process is largely automated: you upload a photo of a government-issued ID (passport, driving licence, or national ID card), take a selfie, and the system matches the two. When the photos are clear and your details match your documents, approval often comes back before you’ve finished setting up the rest of your account.
It can take longer in a few situations. During busy market periods — typically when crypto prices are rallying and signups spike — manual review queues grow, and what normally takes an hour can take a day or two. Blurry photos, glare on the ID, a name that doesn’t exactly match your documents, or an expired ID will also push you into manual review. Some countries and account levels additionally require a proof of address, such as a utility bill or bank statement dated within the last three months.
A few things speed it up: use the Kraken mobile app’s camera flow rather than uploading old photos, shoot in good light against a plain background, and enter your name exactly as it appears on the document. And remember the deadline that actually matters — the deposit and qualifying trade must happen inside the countdown shown in your app (Kraken’s referrals page says 15 days; its help center says 30), so verify as soon as you sign up rather than letting the account sit. Verification itself doesn’t pay anything; it just unlocks the funding and trading steps that do.