Kraken, established in 2011, stands as a well-known cryptocurrency exchange platform where users can engage in buying, selling, and trading a diverse range of cryptocurrencies.
Over the years, Kraken has solidified its position as one of the largest and most reputable exchanges within the cryptocurrency industry.
Despite not matching the popularity of giants like Binance, Kraken holds its own, particularly in North America.
Google Trends indicates a comparative popularity, with Binance leading the charts globally.
(See more details about the Binance affiliate program).
Similar to their platform, Kraken’s affiliate program reflects a solid presence.
While Binance may overshadow it in certain regions, Kraken’s affiliate program still holds significant value, especially for partners interested in the North American market.
Kraken Website Information
Kraken’s enduring presence in the online space is highlighted by its registration on April 3, 2000.
Over the years, the platform has cultivated a robust and consistent user base, drawing close to 2 million organic visits each month.
This substantial organic traffic not only underscores its popularity but also reflects the trust users place in Kraken’s services.
Adding to its credibility is Kraken’s commendable domain authority, which now stands impressively at 84.
This exceptionally high domain authority underscores the platform’s unparalleled influence within the cryptocurrency and exchange industry.
Kraken’s website emerges not only as a veteran player in the market but also as a reliable and well-established hub for cryptocurrency enthusiasts and traders alike — and for potential affiliate partners as well.
The platform’s solid reputation and extensive reach make it an enticing opportunity for those looking to affiliate with a trusted name in the cryptocurrency space.
Kraken Affiliate Program Overview
Kraken’s Affiliate Program stands out with its enticing features and flexibility, making it an appealing choice for various partners in the crypto and finance space.
Affiliates can enjoy a standard payout of 20% of the trading fees collected from clients referred to Kraken. This transparent and straightforward model ensures that affiliates directly benefit from the trading activities of their referred clients.
Kraken understands that one size doesn’t fit all.
Hence, they are open to discussing alternate payout models, offering flexibility to affiliates. Options include revenue share, CPA (Cost Per Acquisition), flat placement fees, or a hybrid model, allowing partners to choose the arrangement that best aligns with their business strategy.
Who is the Kraken Affiliate program for?
Let’s go briefly through the affiliate program suitability
Kraken’s affiliate program caters to a diverse range of partners, making it suitable for:
- Personal finance and crypto content publishers looking to monetize their platforms.
- Content creators and influencers with audiences keen on crypto, personal finance, and investing topics.
- Sub-affiliate networks are willing to share publisher sites and apps, fostering a collaborative ecosystem.
Note on Partnership Focus
Kraken is primarily seeking businesses to partner with.
This focus on B2B collaborations highlights the platform’s commitment to fostering mutually beneficial relationships with established entities in the industry.
How do You Get Approved For The Kraken Affiliate Program?
Joining the Kraken Affiliate Program is a straightforward process, and understanding the steps can streamline your journey toward becoming an affiliate.
Start the process by signing up with your email address. You have the option to select a business account if you are joining as a business entity (recommended).
After signing up, check your email for a verification code sent by Kraken.
Paste the received code in the designated area to verify and authenticate your account.
Once you’ve completed the verification process, patiently await approval from the Kraken team.
The approval process ensures that affiliates align with Kraken’s standards and policies.
Declined Application
Applications falling into the following categories will be declined:
- Partner Type marked as “Offline” or “Other” without additional context.
- Private social media accounts.
- Inactive sites.
- Platforms with irrelevant content.
Ensuring that your application meets the specified criteria increases the likelihood of a successful pre-approval process.
This, in turn, paves the way for a positive affiliation with the Kraken Affiliate Program.
Kraken Affiliate Program Commissions & Payouts
Kraken offers a standard payout of 20% of the trading fees collected from clients you refer to the platform.
This transparent model ensures you receive a direct percentage of the trading activity generated by your referrals.
Additionally, Kraken understands the diverse needs of its affiliates and is open to discussing alternate payout models.
This flexibility allows affiliates to explore options such as revenue share, CPA (Cost Per Acquisition), flat placement fees, or a hybrid model that aligns with their business strategy.
Payout Frequency
Commission payouts occur on a monthly basis.
This means that you can expect to receive your earnings regularly, providing a consistent and predictable income stream as you participate in the Kraken Affiliate Program.
Fee Revenue and Reporting
- Fee revenue is updated daily with a 3-4 day reporting delay.
- Earnings reflecting trades conducted on the 1st of the month are visible on your dashboard by the 5th.
- These earnings become available in your Impact account by the 15th of the following month.
- Payments are then processed on the 29th, ensuring a timely and systematic approach to affiliate earnings.
Components of Referral Revenue
- Futures trade fees contribute to referral revenue.
- Funding rate payments and conversion fees are excluded from the referral revenue calculation.
Payout Mechanism
- ayouts are facilitated via Impact, directly to your bank account.
- Payments are made in the default currency of your bank account, ensuring a seamless and straightforward process for affiliates.
What Is The Affiliate Cookie Duration In The Kraken Affiliate Program
In my quest for accurate information on the affiliate cookie duration within the Kraken Affiliate Program, I initially scoured various sources but could not find a definitive answer.
To ensure the accuracy of this article, I then checked the Kraken website directly; however, specific details about the affiliate cookie duration were not readily available.
To address this, I reached out to Kraken’s support team through email for clarification.
Once their response is received, I will promptly update this section with the most accurate and up-to-date information regarding the affiliate cookie duration in the Kraken Affiliate Program.
Kraken Affiliate Program Details
| Information | Details |
| Affiliate cookie duration | 30 Days |
| Accepted countries | Worldwide |
| Commission rate | 20% |
| Commission structure | Percentage Structure |
| Payout frequency | Monthly |
| Payout methods | Directly to Bank Account |
| Minimum payout | $10 |
| Website needed | Recommended (or social media business profile) |
How Much Do Kraken Affiliates Make?
Affiliate earnings with Kraken are directly tied to the trading activities of referred clients, providing a straightforward and rewarding system
Whenever your referral engages in trading, you, as an affiliate, earn 20% of the trading fees generated by their activities.
This transparent structure ensures that your earnings align with the trading volume and frequency of your referred clients.
Inclusive Revenue Components
Futures trade fees contribute to your referral revenue, adding to the overall earnings potential. This inclusive approach broadens the scope of your affiliate income, encompassing various trading activities on the Kraken platform.
Exclusions from Referral Revenue
It’s important to note that while futures trade fees are included, funding rate payments and conversion fees are not factored into the referral revenue calculation.
This clarity ensures affiliates have a precise understanding of the components that contribute to their earnings.
What Are The Pros And Cons Of The Kraken Affiliate Program?
Kraken Affiliate Program Pros
- Reputable Platform: Kraken is a well-established and reputable cryptocurrency exchange, which can enhance the credibility of the affiliate program.
- Competitive Commission Rates: The standard 20% commission on trading fees is competitive within the industry, offering affiliates an attractive earning potential.
- Flexible Payout Models: Kraken’s openness to discussing alternate payout models, such as revenue share, CPA, flat placement fees, or a hybrid, provides affiliates with flexibility based on their business strategy.
- Monthly Payouts: The monthly payout frequency ensures a regular and predictable income stream for affiliates.
Kraken Affiliate Program Cons
- Emphasis on Business Partners: The program primarily seeks businesses to partner with, which may limit opportunities for individual affiliates or content creators who are not operating as businesses.
- Pre-Approval Process: The requirement for pre-approval of sites and apps before joining the affiliate program might add an extra step in the onboarding process.
- Exclusions from Referral Revenue: Funding rate payments and conversion fees are not included in the referral revenue calculation, potentially limiting the overall earning potential.
Conclusion
Kraken, a well-established cryptocurrency exchange since 2011, offers a compelling affiliate program marked by its enticing features and flexibility.
With a standard 20% payout on trading fees from referred clients, commission payouts occurring monthly, and a worldwide acceptance of affiliates, the Kraken Affiliate Program presents a great opportunity for future partners.
This program not only aligns with the platform’s reputation but also provides a reliable and potentially lucrative avenue for those seeking to collaborate in the cryptocurrency space.
About the Author
Mike is an affiliate marketing analyst, content creator, and the founder of SetAffiliateBusiness.com.
Consistently producing in-depth and insightful articles. 📚💻
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