Decoding the Kraken Affiliate Program
Michal Bahno
Founder of SetAffiliateBusiness.com | Former Liaison Engineer turned Digital Marketing | Exploring AI Text Generators and AI Text-to-Speech Technologies | Passionate about Affiliate Marketing & Digital Currencies (BTC).
In the vast landscape of cryptocurrency exchanges, Kraken has stood the test of time since its establishment in 2011.
Renowned for its versatility in facilitating the buying, selling, and trading of a diverse range of cryptocurrencies, Kraken has carved its niche as one of the industry's largest and most reputable platforms.
While it may not command the global attention of giants like Binance, Kraken boasts a robust presence, particularly in the North American market.
Let's delve into the complexities of the Kraken Affiliate Program, exploring its features, nuances, and the potential it holds for affiliate partners.
Kraken Website: A Glimpse Behind the Scenes
Registered on April 3, 2000, Kraken's enduring presence is not just a testament to its longevity but a showcase of its consistent popularity.
Drawing close to 2 million organic visits monthly, Kraken has become a trusted hub for cryptocurrency enthusiasts and traders alike.
The platform's remarkable domain authority, standing proudly at 84, signifies its influence within the cryptocurrency and exchange industry.
It's not just a website; it's a veteran player and a reliable companion for those navigating the dynamic world of cryptocurrencies.
Kraken Affiliate Program: A Closer Look
At the heart of Kraken's allure is its Affiliate Program, a dynamic platform offering a transparent and rewarding structure for partners in the crypto and finance space.
Affiliates, upon successful referrals, enjoy a standard payout of 20% of the trading fees collected from their referred clients.
Kraken acknowledges the diversity in its affiliate base and, in response, opens the door to alternate payout models.
Revenue share, CPA (Cost Per Acquisition), flat placement fees, or a hybrid model – the flexibility is designed to align with the unique business strategies of affiliate partners.
Who Finds a Home in the Kraken Affiliate Program?
Kraken's embrace extends to a diverse range of partners, including:
Note on Partnership Focus
Kraken's preference for business partnerships underscores its commitment to cultivating mutually beneficial relationships with established entities in the industry.
Joining the Kraken Affiliate Program: A Step-by-Step Guide
Becoming a part of the Kraken Affiliate Program is a straightforward journey.
Here's a concise guide to help potential affiliates navigate the onboarding process:
Applications that Might Face Decline
Kraken maintains certain criteria, and applications falling into these categories may face a decline:
Ensuring compliance with these criteria enhances the chances of a successful pre-approval process and sets the stage for a positive affiliation.
Commissions, Payouts, and the Inner Workings
Kraken's commitment to transparency extends to its commission structure and payout mechanisms.
Affiliates enjoy a standard 20% payout on trading fees, a direct percentage of the trading activity generated by their referrals.
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The flexibility of Kraken's Affiliate Program shines through in the discussion of alternate payout models, including revenue share, CPA, flat placement fees, or a hybrid model – an empowering feature for affiliates crafting their unique strategies.
Frequency and Reporting
Commission payouts occur every month, providing affiliates with a consistent and predictable income stream.
Fee revenue, updated daily with a 3-4 day reporting delay, reflects trades conducted on the 1st by the 5th.
Earnings are visible on the dashboard by the 5th, and available in the Impact account by the 15th of the following month, with payments processed on the 29th.
Components of Referral Revenue
The components contributing to referral revenue include futures trade fees, offering affiliates a comprehensive view of their earnings landscape.
It's important to note that funding rate payments and conversion fees are excluded from the referral revenue calculation.
Payout Mechanism
Payouts are seamlessly facilitated via Impact, directly to the affiliate's bank account, simplifying the financial aspect of the partnership.
Affiliate Cookie Duration
In the quest for precise information on the affiliate cookie duration within the Kraken Affiliate Program, exhaustive research yielded no definitive answer.
Despite scouring various sources and directly checking the Kraken website, specific details on the affiliate cookie duration remained elusive.
To bridge this informational gap, an inquiry was initiated with Kraken’s support team through email.
Once their response is this section will be promptly updated with the latest and most accurate information.
Affiliate Earnings: The Heartbeat of Success
affiliate earnings within the Kraken ecosystem are intricately tied to the trading activities of referred clients.
Affiliates, in a straightforward and rewarding system, earn 20% of the trading fees whenever their referrals engage in trading.
The inclusive revenue components ensure that futures trade fees contribute to the overall referral revenue.
However, it's crucial to note that funding rate payments and conversion fees are not factored into the referral revenue calculation, providing affiliates with a transparent understanding of their earnings.
The Pros And Cons Of The Kraken Affiliate Program
Conclusion
Kraken's well-established presence since 2011 and its enticing affiliate program underscore the platform's commitment to fostering collaboration in the cryptocurrency space.
With a standard 20% payout on trading fees, monthly commission payouts, and a global acceptance of affiliates, the Kraken Affiliate Program is a gateway to potential success in the crypto affiliate landscape.
This program not only aligns with Kraken's esteemed reputation but also provides a reliable and potentially lucrative avenue for those seeking to make their mark in the cryptocurrency domain.
Disclaimer: The article is based on the information available at the time of writing and is subject to updates or changes by Kraken.