I have been using Kraken for a while now, and this is a beefy referral offer from them I have to share. If you aren't holding BTC, it's probably time to load up for the long haul. Kraken pays up to $300 to you. That is paid in BTC.
Why Kraken? For me it comes down to a few boring things. It is one of the older exchanges, it has a solid reputation, and the interface does not push you into products you do not understand. Deposits and withdrawals have been predictable. Given Coinbase's apps or Kraken, I would go with Kraken on the phone any day of the week. Primarily because Coinbase seems to update their apps poorly, while Kraken apps appear to be rock solid on any version of phone or device I've used.
Here is a step by step so you can qualify. Note there are terms and limitations depending on where you live so you should read up on it before taking the dive.
How the bonus works
- Sign up through my referral link.
- Enter referral code 433tqbjj when you register.
- Deposit $200.
- Trade $200.
- Once those conditions are met, the bonus lands, up to $300 for each of us.
Kraken: up to $300 for both of us
Join Kraken here. Use referral code 433tqbjj when you sign up.
This is for new accounts in eligible regions only. This is not financial advice. The bonus is capped at up to $300, but we've seen payouts in previous runs of their referral promotions that truly paid out.
After you're signed up and make your purchase of BTC, ETH or SOL, read up about DCA and how it works. Long-term we are bullish on BTC so setting up a 'savings' plan is probably worthwhile, the cost of 2 cups of coffee a month would be more than adequate for most people. While BTC trades at around $80K, you're still early.