Capital loss
No capital protection. A sustained market drop can wipe out your entire investment, referral bonus included.
This site publishes a Kraken referral code and educational content. It provides no investment advice. Crypto-assets are speculative, unguaranteed assets whose value can fall to zero.

Not exhaustive, not theoretical: these are the most common cases
No capital protection. A sustained market drop can wipe out your entire investment, referral bonus included.
Swings of 10 to 20% in a single day are normal in this market. A decision made in the heat of the moment often costs more than the fees ever would.
Crypto-assets carry no deposit-guarantee scheme, unlike regulated bank accounts.
As long as your assets sit on a platform, you depend on its solvency, its security, and any withdrawal restrictions it may impose.
Crypto-asset disposals are taxable in most jurisdictions, and reward income can carry its own tax treatment. Rules vary by country — check with a local tax professional.
No legitimate referral code ever asks for your login credentials or a payment. See the Kraken promo code page to spot fake offers.
Also see the legal notice.
To start cleanly: open a Kraken account.
No. A reward of a few tens of euros doesn't protect against a 30% or 50% market drop. The bonus is a marginal upside, not a reason to invest.
No. There is no deposit-guarantee scheme for crypto-assets: no guarantee fund, no protected capital, no contractual return.
No. The displayed yield is variable, the locked asset stays exposed to volatility, and some unbonding periods prevent you from selling exactly when you want to.
Only an amount whose total loss would not change your situation, and only after setting aside an accessible emergency fund.