Kraken's Black Friday bonus pays up to $100 in BTC for a $1,000 deposit and eligible trades

What Kraken announced

Kraken has started a Black Friday promotion early. In a post on its official X account on 12 November 2026, the exchange said users can get up to $100 in bitcoin by enrolling in the Kraken app, depositing at least $1,000 in fiat and making eligible crypto trades, with each milestone unlocking more BTC.

The offer, which Kraken calls the Black Friday Deposit and Trade Bonus, runs from 12 November until 1 December at 14:00 UTC. The deposit can be $1,000 or the equivalent in a local currency.

The four BTC milestones

Rewards are tied to how much you trade after depositing. Kraken's campaign page lists four steps: $10 in BTC once you have traded $1,000, then an extra $15 at $2,500, $25 at $5,000 and $50 at $10,000. Reaching all four adds up to $100 in BTC, which is the maximum per client.

Order matters. Kraken says only fiat deposits made after enrolling count, so enrol in the app before you send money.

What does not count

Not every trade counts. Only Instant Buy trades in the Kraken app qualify. Trades between fiat and stablecoins or between stablecoins are excluded, as are stock and Bundle trades, derivatives and margin trading.

The BTC rewards cannot be withdrawn until 1 January, and Kraken notes that their value can go up or down in the meantime. It also says availability of its products and services varies by location, so check that the promotion appears in your Kraken app before depositing.

Our take

The full $100 needs $10,000 of qualifying Instant Buy volume, which is 1% back at best. Instant Buy usually costs more than trading on Kraken Pro, so the fees and spread on that volume can eat most of the reward. The first step, $10 for $1,000 traded, is the easiest one to justify if you were planning to buy anyway.