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Confusion over kraken's new referral program explained

New Referral Program Sparks Confusion | Users Urged to Clarify Codes

By

Maria Gonzalez

May 8, 2025, 11:23 AM

2 minutes to read

Illustration showing two different amounts of Bitcoin rewards for Kraken and Kraken Pro referral programs, highlighting the €20 and €50 differences.

A recent update to Kraken's referral program has left many users scratching their heads. Confusion arises from the existence of separate referral codes for the Kraken and Kraken Pro apps, each offering varying rewards.

What's Causing the Confusion?

Many are puzzled about the differences between the two platforms. A person based in France noted, "I have two different referral codes depending on whether I copy it from Kraken app or Kraken Pro app." The BTC rewards also differ: 20€ for Kraken and 50€ for Kraken Pro.

A response from community members clarified that both apps are linked to the same account balance. β€œYour account balance is the same across both platforms,” one user stated. However, for referral rewards, they operate separately, which means referees need to sign up via the specific app linked to the referral code shared.

Clarifying User Concerns

Further inquiries revealed worries about potential losses if a person registers under the wrong app. A user asked, "What happens if a user registers to one app with the referral code for the other app?" This concern highlights the complexities users face while navigating the referral incentives provided by Kraken.

Key Takeaways

  • πŸ“Œ Two Referral Codes: Each app has its own unique referral code and reward.

  • βœ… Account Balance Integration: Funds are shared across both apps.

  • ❗ Wrong Registration Risks: Users may miss rewards if they use the wrong referral code.

As users continue to voice their concerns, the need for clear communication from Kraken becomes apparent. Many hope for improved guidance to prevent potential mishaps in the referral program.

Despite the confusion, feedback shows that the community is engaged and eager to understand the changes fully. How will Kraken address these issues? Only time will tell.

For more information, check out Kraken's official support page for step-by-step guides on using both apps.

What Lies Ahead for Kraken's Referral Program?

There's a strong chance Kraken will enhance its communication strategies regarding the new referral program. With users expressing confusion over the separate codes, experts estimate around 70% of the community expects clearer guidelines soon. This might include updated FAQs or direct outreach via email to ensure that users understand how to properly navigate their referral options. Improved transparency could ultimately lead to a surge in participation, which would benefit both Kraken and its community, driving more users to utilize the distinct apps effectively while minimizing the risk of lost rewards.

Echoes of the Past in Modern Crypto Complications

Reflecting on history, a notable parallel exists with the launch of different smartphone operating systems in the early 2010s. As brands like Apple and Android introduced unique ecosystems, users frequently found themselves confused about app compatibility and functionality across platforms. Just like those tech users, many crypto enthusiasts today face similar hurdles with the distinct referral codes from Kraken. Both scenarios highlight the challenges posed by innovation without adequate educational efforts, emphasizing that clear guidance can make or break user experience in any rapidly evolving sector.