Kraken is reissuing its winning formula: from March 11 to April 13, 2026, the exchange offers a Bitcoin competition where every dollar exchanged on the platform entitles you to a participation. Maximum price: 1 full Bitcoinwith over 100 winners drawn and over $60,000 in BTC to be distributed. Here's everything you need to know before signing up.
In brief
- 1 $ traded = 1 participation: every crypto transaction on Kraken between March 11 and April 13, 2026 gives a chance to earn Bitcoin rewards.
- Over 106 winners: The grand prize is 1 full BTC, with 5 prizes of $10,000 in BTC and 100 prizes of $100 in BTC.
- Open to KYC users: the offer is available in most regions where Kraken is available, including France and the EEA (excluding the UK and Australia). 🚀
Why is this competition happening now?
This is not the first time that Kraken has organized this type of operation. The platform had already offered similar sweepstakes in November-December 2025 (during the holidays, with 3 BTC to be won). The mechanics are well-established and proven: very low entry barriers, participation accessible from the first trade, and rewards in real assets.
How does the Bitcoin Sweepstakes work?
The principle is deliberately simple. Here are the steps to follow.
- Activate offer — Head to the “Offers” section of the Kraken application, or “Promotions” on Kraken Pro. Registration is required before starting to trade.
- Trade eligible assets — Buy, sell or convert crypto. Each $1 exchanged (notional value) generates 1 entry. Accounts denominated in another currency (Euros, etc.) are converted at the USD rate in real time.
- Accumulate stakes — Ceiling set at 1,000,000 entries per user. The more you trade, the more you multiply your chances, with no additional purchase obligation.
- Draw — At the end of the period (April 13, 2026 at 1:59 p.m. UTC), the winners are selected by random drawing from all valid entries. Prizes are automatically credited to the winners' verified Kraken account.
Reward Structure
In total, more than 106 winners will be drawn:
| Tier | Winners | Reward |
| 1 | 1 | 1 full BTC |
| 2 | 5 | $10,000 in BTC each |
| 3 | 100 | $100 in BTC each |
Cumulative total reward: 1 BTC + approximately $60,000 in BTC (the exact value in euros will depend on the price of Bitcoin at the time of allocation).
What is eligible and what is not
Count in the calculation of participations: purchases, sales and conversions (swaps) of cryptocurrencies on the Spot and Margin markets. Both the Kraken App platform and Kraken Pro are eligible.
Do not count: exchanges between fiat and stablecoins (e.g.: USD → USDG), exchanges between stablecoins (e.g.: USDG → USDC), and transactions involving Bundles, shares or xStocks. The latter are excluded from the participation base.
Geographic eligibility
The competition is open to all users KYC validated in all regions where Kraken operates, including the United States, France and the majority of EEA countries. Exceptions: United Kingdom, Australia and any other jurisdiction where trading inducements are prohibited by law. Identity verification (KYC) is required to enter and receive a prize.
What it changes for the user
For an occasional European trader, the operation offers real value without changing their habits: if you intend to buy or resell crypto in the coming weeks, you might as well activate the offer and trade during the period concerned. Each transaction is worth additional stakes at no additional cost.
For more active traders, the cap of one million stakes is easily achievable with moderate daily volume. Beyond this threshold, trading further no longer generates additional participations.
Important point: it is possible to participate for free without tradingbut with a maximum of 10 participations. Details about the official promotion page.
Comparison with previous editions
Kraken offered the same format in November 2025 (1 BTC to be won, 106 prizes in total) then in December 2025 (holiday edition with 3 BTC in grand prize). The spring 2026 edition uses the same mechanics and reward structure as in November, with an extended duration: 33 days versus 28. This format shows the exchange's desire to make it an asset for its community.
⚠️ Disclaimer: This article is provided for informational purposes only. It does not constitute investment advice. Trading cryptocurrencies carries a risk of capital loss. Conditions apply. 1 participation per dollar traded on Kraken. Limit of 1,000,000 entries per user. Geographic restrictions apply (including United Kingdom, Australia). No obligation to purchase. Terms and conditions: kraken.com/legal/bitcoin-sweepstakes-terms
Yes. A verified account (full KYC) is mandatory. You can create an account for free on kraken.com. Activation of the offer is then done from the “Offers” tab of the application.
No. Transactions in Bundles, American stocks and xStocks (tokenized stocks) are explicitly excluded from the participation count for this edition.
Automatically. Winners do not need to take any action: the BTC is credited directly to the verified Kraken account. A notification email is sent.
Yes, a free entry route exists (via Sweepea), however limiting it to a maximum of 10 entries per user, compared to one million for active participants.
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