In Australia, Beaufort Fiduciaries Pty Ltd (ACN 162 139 871, AFSL No. 545124) provides wholesale clients with access to derivatives where the underlying assets are digital assets. Derivatives are complex, regulated financial products that are difficult to understand and may not be suitable for inexperienced investors. For eligibility, terms and conditions click here. Krak Pay is offered by Bit Trade Australia Pty Ltd (ACN 163 237 634), Authorised Representative of Flexewallet Pty Ltd (AFSL 448066). This information is general in nature and does not take into account your personal objectives, financial situation or needs. You should consider whether it is appropriate for you and read the relevant disclosure documents before making any decision.

Kraken Drops: XL1 airdrop

Last updated: December 5, 2025

What is Kraken Drops? Kraken Drops is our verified airdrop program designed to reward real users who actively engage with new tokens.

  • Airdrop amount: $100,000 in XL1 tokens, split equally between eligible users

  • Qualification period: October 13 – October 19, 2025 (ends 11:59 PM UTC)

  • Airdrop date: October 20, 2025

  • Available only on the Kraken App and Kraken.com/c

    Note: Trades made through the Kraken Pro app or pro.kraken.com do not count toward eligibility. 

  • Be a Kraken+ subscriber

  • Trade at least 150,000 XL1 (~$150) XL1 during the eligibility period

  • Hold at least 150,000 XL1 (~$150) in XL1 on Oct 19, 2025 at 23:59 UTC

  • Verified individual Kraken clients

  • Excludes clients in the United Kingdom.

Tokens will be distributed automatically to qualifying accounts. No claims or forms required.

There are no fees to receive your airdrop. Standard trading fees may apply to XL1 trading.

Visit https://www.kraken.com/drops to learn more about the Kraken Drops program and upcoming airdrops.

  • Clients with business accounts are not eligible to participate in Drops. You must have a verified, individual account to be eligible. Follow these steps to get verified with Kraken.

  • Your Kraken+ subscription must be active and in good standing, meaning it hasn’t been cancelled and is set to renew normally.

  • Activity on Kraken Pro and Kraken Pro app is not eligible.

    Not available to clients in the United Kingdom, Canada and the United States

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