1 week ago
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We’re thrilled to present USDG Rewards, Kraken’s newest rewards programme that empowers you to maximize the worth of your assets effortlessly. Designed with simplicity and accessibility successful mind, USDG Rewards helps you earn up to 4%+ APR – automatically – connected your USDG (a stablecoin pegged 1:1 to the U.S. dollar) holdings.1
With no activation required, play payouts and implicit flexibility, USDG Rewards redefines what it means to gain with stablecoins, providing a smarter and much rewarding mode to turn your portfolio – whether you’re an experienced trader oregon conscionable starting your crypto journey.
What is USDG?
At the bosom of our revamped rewards programme is USDG, an ERC-20 and Solana (SPL) token developed and issued by Paxos, successful concern with industry-leading players similar Kraken, Robinhood and Anchorage. Learn much astir Kraken’s Partnership successful the Global Dollar Network here.
USDG is revolutionizing the mode traders, investors and savers interact with stablecoins, combining the reliability of U.S. dollar-backed reserves with the ratio and transparency of blockchain technology.
What is USDG Rewards?
USDG Rewards is simply a programme that allows you to gain rewards connected the USDG you clasp successful your Kraken account. Simply buy, person oregon transportation USDG into your Kraken relationship and you commencement earning rewards automatically.
How USDG Rewards benefits you
- Start earning immediately: Reward accrual begins arsenic soon arsenic USDG is successful your relationship – nary activation needed.
- Fee-free conversion: 1:1 conversion USD to USDG fee-free, ensuring each dollar works harder for you.
- Weekly payouts: See your equilibrium turn consistently with rewards distributed straight to your relationship each week.
- Total flexibility: Trade oregon retreat your USDG anytime, portion ever earning rewards portion it remains successful your account.
What are the ways I tin gain with USDG Rewards?
- Automatically gain 2% APR – with nary fees – connected each USDG held successful your Kraken account.
- Double those rewards to up to 4%+ APR with a $4.99/month subscription to Kraken+, which besides gives you up to $10k successful Instant transaction fee-free trading/month.2
At up to 4%+ APR, conscionable $1,500 held successful your Kraken relationship for 1 twelvemonth would instrumentality $60 – afloat paying for your full year’s Kraken+ subscription – including the up-to-$10k successful escaped Instant transaction trading each month.
How to get started with USDG Rewards
- Be verified astatine Intermediate oregon Pro level
- Reside successful a participating state (see programme eligibility details here)
- Hold USDG successful your relationship — it’s that simple!
To marque earning adjacent easier, we’re scrapping trading fees connected USD-to-USDG conversions connected our platform, truthful users tin seamlessly determination from fiat to stablecoins and commencement earning rewards immediately. That’s each you person to bash to gain 2% APR connected your USDG.
Stay tuned for much updates arsenic we proceed to innovate and amended your fiscal journey.
1 Geographic restrictions apply. Rewards rates are determined and paid retired by Kraken successful its sole discretion and are taxable to change. See our Terms of Service for much info. Due to its concern with Global Dollar Network, Kraken receives an economical payment with respect to amounts of USDG minted, held connected platform, and received successful on-chain transfers.
2 Kraken+ is an automatically renewing subscription requiring recurring payments. Cancel anytime. Price is inclusive of applicable taxes (i.e., VAT) wherever required. In different regions, the terms shown does not see taxes, which volition beryllium added astatine the clip of acquisition wherever applicable. Subscription benefits are taxable to alteration and whitethorn not beryllium disposable successful each regions. Zero-fee trading is taxable to monthly trading-volume limits, which tin beryllium viewed successful your relationship settings. Spread and outgo processing fees inactive apply. Excludes Kraken Pro. See our Terms of Service for much info. 4.99/mo USD oregon section currency equivalent, based connected determination and app store.
The station USDG Rewards: Earn up to 4%+ APR successful USDG connected Kraken appeared archetypal connected Kraken Blog.
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