【Updated 2025.12】TopCashback is now offering $202 cash back, triple the previous amount! You can stack it with the $125 referral bonus too, so don’t forget!

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ShopBack has $50 cash back for Kraken, which is among the highest available. Rakuten and TopCashback are both offering rewards of up to $65/$50 for signing up for Kraken. Note that cashback portal rewards can be stacked with the $75 referral bonus; see the step-by-step instructions below.

Rakuten is at $50.

About Kraken

Founded in 2011, Kraken is one of the world’s largest and longest-running cryptocurrency exchanges. Kraken aims to make crypto accessible worldwide and to help people across all industries invest in their financial independence. In September 2020, Wyoming granted Kraken permission to create a crypto bank in the state, making Kraken the first cryptocurrency exchange in the U.S. to establish a bank.

You do not need to provide a Social Security Number (SSN) or Individual Taxpayer Identification Number (ITIN) to open an account. You only need to complete identity verification, and a Chinese passport can be used to pass verification.

Sign-Up Bonus

If you sign up now using our referral code, open an account, and complete trades, you can earn up to $75 in bonuses. There is no need to rush, though, because you can also stack this with rewards from cashback portals. See the steps below for details. Use any one of these referral codes:

  • 59f55bkg
  • jzhpy7tp
  • ghhzb2zs
  • sz75bjh5

The referral bonus is paid in tiers:

  • Trade $100 and get $15
  • Trade $300 and get another $20 ($35 total)
  • Trade $500 and get another $40 ($75 total)

Several cashback portals are currently offering decent payouts for Kraken. After signing up, just search for Kraken on the cashback portal.

How to Stack the Bonuses

As mentioned above, there are two separate rewards here: the referral bonus and the cashback portal reward. These two can be stacked. Below, we’ll use Rakuten as the example.

  • Sign up for Rakuten: Rakuten sign-up link (limited-time $50 welcome bonus)
  • Log in to Rakuten, open the Kraken offer page, and click “Shop Now” to go to the Kraken sign-up page
  • During registration, enter any one of the referral codes below
  • 59f55bkg
  • jzhpy7tp
  • ghhzb2zs
  • sz75bjh5
  • Right after signing up, subscribe to one year of Kraken+; there is a one-month free trial with no trading fees
  • To trade, you first need to link a bank account. This is done through Plaid, so you can just log in to your account directly. Plaid is a common and generally safe way to link bank accounts.
  • Buying and selling BTC or ETH will complete the trading requirement. If you trade $500, you can trigger both the $75 referral bonus and the $100 cashback portal reward at the same time. The $75 referral bonus is paid in three parts.
  • The cashback portal reward will show as pending, and it will be credited to your account when the payout is processed. (Rakuten used to offer 15,000 points and now it is 10,000.)
  • After the bonus BTC arrives, sell it, then cancel your Kraken+ subscription. Be sure not to forget to cancel.

Summary

A quick buy and sell is basically low risk, and it’s best to trade when price fluctuations are small. This account can be opened without an SSN or ITIN, which is pretty nice. And if you have never signed up for Rakuten before, you can earn another $50. That means making $225 from one round of trading, which is a pretty solid deal.