Replace 5/8/26: Supply is again by way of Could thirty first. Nevertheless, they lowered it to 1.5% for Kraken+ members (beforehand 2%). The remainder of the phrases are largely the identical, although they did enhance the bonus restrict (prior: $1M switch > now: $1M bonus). Additionally they softened considerably the inventory lending requirement language: “The place relevant, contributors could also be required to allow FPSL…” Unsure how that may play out, virtually.
Replace 4/10/26: Prolonged till 04/30/26. Requires enrollment. The brand new supply added a restrict of $20,000 ($1M switch). Listed here are the brand new phrases – hyperlink. Inventory Lending requirement nonetheless exhibits (described beneath).
Replace 2/13/26: Deal is again. Fund between 2/12/26 and three/31/26. Preserve funds and Kraken+ membership from 4/1/26 till 4/1/27. Legitimate for brand spanking new or present Kraken members. No enrollment required. Keep in mind once more you have to be opted into the Absolutely Paid Inventory Lending program for all the yr and likewise don’t do an ACATS-out till April 2026; this stuff will invalidate the bonus. (hat tip to reader 007)
Replace 2/6/26: The Inventory switch bonus has expired. See this publish for a brand new money/crypto deposit bonus.
Replace 1/5/26: Prolonged by way of 1/31/26 (hyperlink)
Replace 10/1/25: Prolonged by way of 11/30/25 as proven at this hyperlink. New maintain interval is for 1 yr from 12/1/25. Necessary: readers seen that they now require participation within the Absolutely Paid Inventory Lending program, and so it’s not as safe as earlier than because it may not be coated by SIPC. (And, per Kraken assist, you might want to be opted into the Lending program for all the yr of the promo.) I additionally see an exclusion that you could’t do any ACATS-out switch through the promotional interval.
Moreover, solely shopper accounts that are collaborating in our Absolutely Paid Inventory Lending program are deemed eligible for this program. This implies prospects should decide in and stay opted into Absolutely Paid Inventory Lending to be eligible. You may decide in by way of the settings in your app*.
In the course of the promotion interval, customers who’ve initiated an outbound ACATS switch from Kraken to a different brokerage agency aren’t eligible to obtain the bonus.
Authentic Publish 8/29/25:
The Supply
New hyperlink | New hyperlink | New hyperlink | Direct Hyperlink to supply
- Kraken Securities is providing a 2% bonus to their Kraken+ members who switch shares or ETFs by way of ACATS switch by September 30, 2025.
The Wonderful Print
- The promotion interval begins on August twenty seventh, 2025 and ends on September thirtieth, 2025. Switch requests will need to have been initiated throughout the promotion interval with a purpose to qualify.
- New York and Maine
and Washington stateresidents are excluded
Our Verdict
Kraken is a crypto model, however in addition they have a securities arm they usually look like legitimately SIPC insured (brokercheck hyperlink – I discovered them). We’ve seen 2% bonus with a 5 yr maintain (Robinhood) or a 2 yr maintain (WeBull), however by no means with a low one-year maintain.
Far as I can inform this bonus is publicly out there to all, although it could possibly be price confirming. The one catch I’m seeing is that the bonus is paid out in USDG crypto, however the Q&A says that the funds are “out there for buying and selling” and so you’d be capable of promote it instantly and purchase a inventory or ETF with the funds.
Right here’s how I went out doing this deal:
- Undergo a procuring portal when opening the Kraken account (see this publish for presents from Rakuten, Topcashback, Capital One Purchasing). I enter a $75 referral code throughout signup for an additional stackable bonus; extra particulars on this publish. No referral requests/presents within the feedback beneath.
- Buy Kraken+ for $49.99/yr. I took the 30 day free trial after which paid for one yr. I now have 13 months of Kraken+.
- Begin the switch course of effectively prematurely of the promo finish date since usually transfers fail or solely the primary inventory goes by way of and the remainder fail. Additionally make sure to doc Price Foundation in your older brokerage since, per experiences, Kraken isn’t good about transferring these over and would possibly want handbook enter. (See reader experiences about price foundation within the feedback beneath.)
- Switch over your shares/ETFs to Kraken by September 30, 2025. Minimal switch $5,000 per switch. No most. I restricted myself to $500,000 which is the SIPC insurance coverage restrict.
- (Get any switch charges out of your outdated brokerage reimbursed from Kraken.)
- Get the two% bonus match in USDG on October 1, 2025.
- Instantly promote the USDG and purchase SGOV or VTI or no matter.
- Remember to stay Kraken+ member all through all the year-long maintain interval.
- Maintain your funds with Kraken till October 1, 2026 after which you may switch all the pieces out for those who don’t need to stay long run.
Readers be aware within the feedback that Kraken doesn’t assist dividend reinvesting, so preserve that in thoughts if DRIPs is vital to you. Additionally, as famous, the Price Foundation switch is a handbook problem with Kraken.
Hat tip to reader Manny
No referrals within the feedback beneath.