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Kraken Celebrates Thanksgiving with $50,000 Prizes in Turkey Trading Competition

2 days ago
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Thanksgiving Trading Event at Kraken

In a festive nod to the Thanksgiving season, Kraken is hosting an exciting trading event designed for both novice and seasoned U.S. futures traders. Launching from November 3 to 14, 2025, this competition boasts an impressive prize pool totaling $50,000, along with a guaranteed $20 reward for every participant and a symbolic turkey for the top trader. This initiative aims to create a vibrant community atmosphere on the Kraken Derivatives platform, encouraging participants to increase their trading prowess while competing for the leaderboard’s top positions.

How the Competition Works

The competition will reward the top 200 participants, with the first place securing a whopping $5,000 in addition to the coveted turkey. The rankings are determined by a straightforward formula: actual profit or loss divided by the total amount traded, ensuring transparency with scores rounded to three decimal places. It’s worth noting that liquidation fees are not included in this calculation, promoting fairness among traders.

Steps to Join the Trading Contest

Eligible U.S. residents must hold Intermediate or Pro accounts on Kraken to engage in this exciting challenge. To maximize their standings on the leaderboard, participants should focus on profitable trades, steering clear of transactions that may lead to liquidation, which can negatively affect scores. Even if traders manage to make just one trade, they will still qualify for the guaranteed $20 reward, ensuring all can benefit from taking part in the event.

Why Kraken Stands Out in Futures Trading

With over 14 years of service, Kraken is renowned as a leading platform in the U.S. crypto futures trading landscape. With a user base exceeding 13 million globally, Kraken is distinguished by its strong compliance protocols, robust security measures, and intuitive user interface. Through a strategic partnership with NinjaTrader Clearing, the exchange offers a broad selection of 75 contracts that encompass both crypto assets and traditional finance options, catering to diverse investment strategies.

Additionally, Kraken supports a range of popular cryptocurrencies, including BTC, ETH, and BNB, allowing speculative trading on these digital assets. Their advanced Kraken Pro interface is equipped with real-time data, daily settlements, and transparent pricing, striving to enhance the user experience.

Security remains a top priority at Kraken, with measures such as 1:1 Proof of Reserves and sophisticated custodial protections to ensure safe trading. The platform actively monitors for suspicious activity, providing peace of mind for users.

Act Fast – Sign Up Before November 14

Interested traders can still participate in this Thanksgiving-themed competition by registering or upgrading to an Intermediate or Pro account on the official competition page. Basic account holders need to ensure they upgrade prior to the November 14 deadline to qualify. Don’t miss your chance to secure your spot in the $50,000 prize pool and potentially claim the grand prize turkey — join Kraken today and start trading!

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