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Thanksgiving is a time for family and gratitude, but this year, Kraken raises the stakes on the holiday with a friendly trading competition worth $50,000 in prizes and a real turkey for the top trader.
Open to seasoned futures traders and beginners in the US, Kraken’s Turkey Trading Competition brings excitement and festive spirit, as well as generous rewards for the best traders.
You have up to November 14 to join Kraken’s event and secure your portion of the prize, as well as a potential Thanksgiving dinner.
Compete for a Slice of $50K in Prizes
The Kraken futures competition starts on November 3 and lasts until November 14, 2025, giving participants enough time to climb the leaderboard. The event is designed for US-based Kraken traders, who can participate by opting in via the competition page and placing at least one trade to qualify. Completing these two steps wins you a guaranteed $20, regardless of your position on the leaderboard.
However, that’s just the start. Based on your trading success, you can win a piece of the $50,000 prize pool, with rewards being given out to the top 200 traders. The first place also gets a special bonus reward: a real Turkey. While perhaps not as valuable as $5,000, it certainly is more flavorful.
Trade Your Way Toward Generous Prizes and Win a Turkey
Whether you just jump in and collect your $20 by placing one futures trade, or you give it your best to aim for the top spots (and the fabled turkey), you are guaranteed a reward.
Here’s how the prize pool is divided for the top 200 traders:
- 1st place: $5,000 and a turkey
- 2nd place: $3,000
- 3rd place: $2,000
- 4–10th place: $1,500
- 11–50th place: $400
- 51–100th place: $170
- 101–200th place: $50
Kraken calculates the score with a transparent formula, whereby they divide Realized PnL (Profit and Loss) by Notional Traded, rounded to three decimal places. Liquidation fees don’t count in the final score, which is beneficial for traders who get liquidated.
Here’s How to Enter Kraken’s Thanksgiving Contest
Participating in the contest is simple. You need to have a verified Kraken account, reaching the Intermediate or Pro level. Here’s what you need to do next:
- Navigate to Kraken’s competition page.
- Place one futures trade during the competition period of November 3–14.
- Track your standing on the live leaderboard.
What Makes Kraken Futures a Leading Option Among US Traders
Kraken Derivatives US offers regulated CME crypto futures access via its NinjaTrader Clearing, a subsidiary of Kraken. US-based traders can trade micro-sized contracts for traditional and crypto futures, including BTC, ETH, SOL, NASDAQ, oil, gold, natural gas, and more.
The benefits of using Kraken futures include daily contract settlement, real-time margining, and transparent prices. Within one unified Kraken account, users can go long or short on both crypto and traditional financial instruments.
Trade Smart and Compete for $50K Prize Pool in Kraken’s Thanksgiving Event
Kraken brings the community together for a friendly and rewarding engagement in its Turkey Trading Competition. Even if you don’t win first place, you get a guaranteed $20 just for opting in and placing a futures trade. This can be a fun and rewarding learning experience for those who haven’t tried futures trading yet.
Seasoned professionals, on the other hand, get to compete for the grand prize (and a turkey for the holiday), making this a win-win event for everyone.
Time’s Running Out to Join Kraken’s Turkey Trading Event
Kraken is one of the most popular exchanges worldwide, with over $500 billion in total transaction volume. Available as a desktop platform and a mobile app, Kraken brings over 500 crypto assets, futures trading, low fees, and various tools for all experience levels.
Now, with its Turkey Trading Competition, beginners and seasoned traders get to learn and compete for a prize pool of $50K plus a turkey for the top trader. Open a Kraken account and verify to at least an Intermediate level to gain access to the trading competition and join Kraken’s feast of futures.
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