Kraken holiday sweepstakes: trade to win up to 3 BTC
Kraken has launched a holiday sweepstakes running Dec. 4, 2025–Jan. 5, 2026. Eligible users who opt in and trade at least $1 (or equivalent) receive one entry; every additional $1 traded adds another entry, capped at 1,000,000 entries per user. The prize pool awards a grand prize of 3 BTC, ten winners of $8,500 in BTC, and 100 winners of $850 in BTC. Trades that do not count include fiat↔stablecoin and stablecoin↔stablecoin swaps; entries are calculated using the USD value of qualifying trades. Eligible regions include the U.S. (excluding FL, ME and NY), Canada (excluding Quebec), the EEA and other listed countries. A no‑purchase necessary option provides up to ten free entries. Winners will be randomly selected after Jan. 5 and credited directly to verified Kraken accounts. Terms and conditions apply. This promotion is designed to boost trading volume on Kraken; traders should expect elevated on‑platform activity during the campaign, which may increase short‑term BTC orderflow and liquidity. Primary keywords: Kraken sweepstakes, win BTC, trade to win. Secondary keywords: crypto promotion, trading incentive, holiday giveaway, BTC prize pool.
Bullish
The sweepstakes directly incentivises trading on Kraken by rewarding volume with entries and a sizeable BTC prize pool (including a 3 BTC grand prize). Such promotions historically increase on‑platform activity and orderflow for the rewarded asset. In the short term, the campaign is likely to raise BTC trading volume and liquidity on Kraken as users trade to accumulate entries and attempt to capture the prizes; this can create upward pressure or at least concentrated buying/selling activity around entry thresholds and prize‑driven positions. Higher retail participation and promotional marketing may also draw additional traders to the platform, supporting demand. In the medium to long term the effect is likely to fade after the promotion ends; it does not change Bitcoin’s fundamentals, so any price impact should be temporary. Risks that could mute bullish impact include trades excluded from entries (stablecoin/fiat swaps), regional exclusions that limit participant scope, and winners immediately selling BTC payouts which could add short-term supply. Overall, net effect on BTC price is expected to be modestly bullish while the promotion runs but transitory afterwards.