We are delighted to present USDG awardsThe new Kraken reward program which allows you to maximize the value of your assets effortlessly. Designed with simplicity and accessibility in mind, USDG rewards help you win 4% + APR – Automatically – on your USDG holdings (a stablecoin of 1: 1 to the US dollar).1
With No activation requiredWeekly payments and complete flexibility, USDG rewards redefine what it means to gain with stablescoins, providing a more intelligent and more rewarding way to develop your wallet – whether you are an experienced merchant or you simply start your cryptographic journey.
What is the USDG?
At the heart of our reworked award program is USDGAn ERC-20 and Solana (SPL) token developed and issued by Paxos, in partnership with industry players such as Kraken, Robinhood and Anchorage. Find out more about Kraken’s partnership in the Global Dollar Network here.
The USDG is revolutionizing the way traders, investors and savers interact with the floors, combining the reliability of supported reserves in US dollars with the efficiency and transparency of blockchain technology.
What is USDG awards?
USDG Rewards is a program that allows you to earn rewards on the USDG that you hold in your Kraken account. Buy, convert or transfer USDG to your Kraken account and you start winning rewards automatically.
How the USDG awards benefit you
- Start winning immediately: The accumulation of reward begins as soon as the USDG is in your account – no necessary activation.
- Free conversion: 1: 1 USDG conversion to USDG at no cost, ensuring that each dollar works harder for you.
- Weekly pays: Consult your balance, grow consistently with rewards distributed directly to your account every week.
- Total flexibility: Exchange or remove your USDG anytime, while always earning rewards when it stays in your account.
What are the ways I can win with USDG rewards?
- Automatically win 2% APR – free of charge – on all USDGs held in your Kraken account.
- Double These awards up to 4% + APR with a subscription of $ 4.99 / month in Kraken +, which also gives you up to $ 10,000 trading / month without instant transaction costs.2
At 4% + APR, only $ 1,500 held in your Kraken account for a year would make $ 60 – fully paying the Kraken + subscription of your whole year – including the $ 10,000 of free instant transactions each month.
How to start with USDG rewards
- Be checked at the intermediate or pro level
- Reside in a participating country (see details of the program eligibility here))
- Hold USDG in your account – it’s so simple!
To facilitate the gain, we delete trading costs on USD-USDG conversions on our platform, so that users can transparently go from Fiat to Stablecoins and start winning rewards immediately. This is all you have to do to win 2% after on your USDG.
Stay listening for more updates when we continue to innovate and improve your financial journey.
1 The geographic restrictions apply. The reward rates are determined and paid by Kraken at his sole discretion and are likely to change. See our conditions of use for more information. Due to its partnership with Global Dollar Network, Kraken receives an economic service with regard to the amounts of the USDG created, held on the platform and received in chain transfers.
2 Kraken + is an automatically renewing subscription requiring recurring payments. Cancel at any time. The price includes applicable taxes (i.e. VAT) if necessary. In other regions, the price indicated does not include taxes, which will be added at the time of purchase if necessary. Subscription services are likely to change and may not be available in all regions. Zero fixed trading is subject to monthly trading-volume limits, which can be consulted in the settings of your account. Payment processing and processing costs are always applied. Excludes Kraken Pro. See our conditions of use for more information. 4.99 / MB USD or equivalent in local currencies, depending on the location and the App Store.
