$150 Kraken Sign Up Bonus
Rakuten is once again offering an increased bonus for new Kraken accounts. Even better, it is back up near the all time high of $160. Today you can earn $150 Kraken sign up bonus (or 15,000 Amex/Bilt points) when you go through Rakuten to open a new Kraken account.
What Is Kraken?
Kraken is a cryptocurrency exchange that allows users to buy, sell, and trade digital assets. It’s currently not available to residents of New York (NY), and Maine (ME).
Offer Details
This bonus is only available for first time customers in the US who complete a single trade of $200 or more before fees in their first 30 days after signing up. Applying a separate offer with Kraken (Referral Code, Discount, or Coupon) will negate your Cash Back.
How To Easily Take Advantage Of This Offer
To earn the $150 Kraken sign up bonus you only need to make a purchase of $200 worth of crypto currency. Most people just buy some bitcoin. However, you do not need to hold said crypto currency. You can simply buy it and then sell it moments later. That will in fact trigger the offer. You will likely lose a few dollars on the fees and currency spread, but it is well worth it for the $150 / 15,000 point sign up bonus.
$150 Kraken Sign Up Bonus
If you don’t have a Rakuten account yet, you can also get an extra bonus of $50 or 5,000 Amex Points if you sign up now (full details of the Rakuten sign up bonus). That is a nice double stack right there. Either way, you should take advantage of this $150 bonus while you can. It often drops back down to just $50 after a day or two.
ETH is hot
You’ll also get a tax form in February and need to report this sale even if it’s a loss, in case that matters to anyone
does this work for buying USDC/stablecoins? If so that seems like free money right?
I don’t believe it does. But you can buy Bitcoin and sell it right away. You lose a few dollars in the fees, but still well worth it
I believe the t&c’s specifically exclude stablecoins