At Kraken, earning is the default.
Introducing tGBP Rewards
When you hold tGBP on Kraken, your balance earns automatically (unless you opt out):
Your tGBP remains fully tradeable, withdrawable, and usable while rewards accumulate. That means you can put your GBP to work without giving up flexibility.
Limited-Time Boost: Earn 4%APY
To kick things off, we’re offering a 3-month promotional yield boost on tGBP.
For a limited time, Kraken+ members can earn 4% APY on their tGBP holdings.
The promotional boost runs for three months beginning 17 March. If you’ve been holding GBP on Kraken (or considering converting to tGBP), now is the time to make it earn more.
Why tGBP?
- Put your GBP to work and earn rewards
- Swap GBP to tGBP 1:1 for free
- Earn automatically, no setup required
- Maintain full access to trade or withdraw at any time
- Double your rewards with Kraken+
If you hold GBP on Kraken, earning more takes just one step: convert it to tGBP.
Not a Kraken+ subscriber yet? Sign up now and get access to 4% yield on tGPB, zero trading fees, exclusive airdrops, and premium perks.
Geographic restrictions apply. Rewards rates are determined and paid out by Kraken in its sole discretion and are subject to change. See our Terms of Service for more info. Due to its partnership with BCP Technologies Ltd., Kraken receives an economic benefit with respect to amounts of tGBP minted, held on platform, and received in on-chain transfers.
4% promotional APY on tGBP available up to £100m until 17/06/2026. From 17/06/2026, the APY changes to our standard variable rate (currently 3.75% APY). T&Cs apply.
Kraken+ is an automatically renewing subscription requiring recurring payments. Cancel anytime. Price is inclusive of applicable taxes (i.e., VAT) where required. In other regions, the price shown does not include taxes, which will be added at the time of purchase where applicable. Subscription benefits vary by region and may be modified by Kraken at any time upon notice. Zero-fee trading is subject to monthly trading-volume limits, which can be viewed in your account settings. Spread and payment processing fees still apply. Boosted tGBP Rewards, including the Rewards rate, is subject to change and is not available in all regions. See our Terms of Service for more info. Other fees may apply.