Opt-In Rewards gives you the option to earn rewards on available and idle account balances you otherwise maintain in your Kraken trading account.
Is On-chain staking and Opt-In Rewards the same feature?
Am I eligible for Opt-In Rewards?
What does Kraken do with Opt-In Rewards funds?
Assets eligible for Opt-In Rewards
Rewards and Minimums
Opt-In Rewards rewards are generally paid out every Tuesday and Friday. The asset rewarded is based on the asset. For example, your rewards for BTC will be in BTC. Rewards will only be added if the reward is greater than the smallest decimal precision.
Asset |
Rewards Per Annum |
Minimum Amount |
---|---|---|
Bitcoin (BTC) |
0.15% |
0.00000001 BTC |
USD Coin (USDC) |
3.75% |
0.01 USDC |
Tether (USDT) |
3.75% |
0.01 USDT |
Time
Fees
Why do my rewards say “0”?
Balance hold & impact on equity for margin trading
While your assets are held in our Opt-In Rewards program, they are not available for trading and cannot be withdrawn to an external (non-Kraken) account or wallet. You will be able to instantly remove assets at any time, but Kraken reserves up to seven days to process requests.
Opt-In Rewards of BTC, USDC or USDT can also impact your equity for margin trading, because these assets are collateral currencies and while opted In, will be removed from your trading and equity balances. Your equity balances affect your free margin and margin level for margin trading.
Mobile
DISCLAIMER: KRAKEN IS NOT A BANK OR OTHER DEPOSITORY INSTITUTION. YOUR KRAKEN ACCOUNT IS NOT A DEPOSIT ACCOUNT OR A BANK ACCOUNT. THE OPT-IN REWARDS PROGRAM IS NOT A DEPOSITORY OR BANK PROGRAM. NEITHER YOUR KRAKEN ACCOUNT NOR OPTED IN ASSETS ARE COVERED BY INSURANCE AGAINST LOSSES OR SUBJECT TO FEDERAL DEPOSIT INSURANCE CORPORATION (FDIC) OR SECURITIES INVESTOR PROTECTION CORPORATION (SIPC) PROTECTIONS OR THE PROTECTIONS OF ANY COMPARABLE ORGANIZATION ANYWHERE IN THE WORLD. YOU SHOULD INFORM YOURSELF OF ANY LEGAL OR TAX CONSEQUENCES OF PARTICIPATING IN THE OPT-IN REWARDS PROGRAM. KRAKEN IS NOT RESPONSIBLE FOR ANY SUCH CONSEQUENCES TO YOU.
For further information read our Terms of Service and feel free to contact our support team for additional questions.
The decimal and thousands separators shown in this article may differ from the formats displayed on our trading platforms. Review our article on how we use points and commas for more information.