The Derivatives Level Up Challenge is a promotion run by Kraken Derivatives for ~ 30 day period. Participants will have their Derivatives trading volume for this period tracked.
At the end of the promotion period, participants will be credited with Bonus USD Derivatives collateral. The amount will depend on users’ Multi-Collateral Derivatives trading volume during the promotion period, trade your way up the ladder for bigger rewards.
What are the Bonus USD prize tiers?
Bonus USD Prize Tiers:
You will win the prize corresponding to your Multi Collateral Derivatives wallet trading volume tier achieved during the Level Up Challenge Period as follows:
Trading Volume
Bonus USD
5 - 5,000
10.00
5,000.01 - 100,000
30.00
100,000.01 - 200,000
50.00
> 200,000.01
150.00
How do I claim the Bonus USD collateral?
The Bonus USD collateral will be automatically credited to your Multi-Collateral Derivatives wallet some days after the challenge period ends.
You can use this collateral immediately to enter into new positions. This collateral cannot be transferred out of your Derivatives wallet.
Who is eligible to participate in the Kraken Futures Level Up Challenge?
You are eligible to participate in this competition if:
Your account is eligible for Derivatives trading.
You are in a promotion eligible country.
What are the rules of the Kraken Futures Level Up Challenge?
Only one trading account is allowed per person or entity.
Participants can only receive the Bonus USD collateral bonus once, after the challenge period ends.
Trading activity in sub accounts will be grouped towards the master account.
Kraken reserves the right to disqualify participants who abuse the challenge rules.
