OFFICIAL RULES

Kraken's Bitcoin Sweepstakes

BY PARTICIPATING IN THE PROMOTION, YOU AGREE TO THESE OFFICIAL RULES AND THE KRAKEN.COM TERMS OF SERVICE, WHICH EACH FORM A CONTRACT. READ THEM CAREFULLY BEFORE ENTERING. NO PURCHASE OR PAYMENT IS NECESSARY TO ENTER OR WIN. A PURCHASE, PAYMENT, OR TRADE WILL NOT INCREASE YOUR CHANCES OF WINNING.

1. Sponsor

This Promotion (“Promotion” or “Sweepstakes”) is sponsored by Payward, Inc., 1209 Orange Street, Wilmington, DE 19801 (“Kraken” or “Sponsor”).

2. Eligible Areas

This Promotion is open only to legal residents of:

the United States (excluding residents of Florida, Maine, and New York);
Canada;
the member states of the European Economic Area (EEA);
The following countries where Kraken services are available: Israel (IL), South Africa (ZA), Malaysia (MY), Chile (CL), Colombia (CO), Peru (PE), Indonesia (ID), Taiwan (TW), China (CN), Algeria (DZ), Angola (AO), Anguilla (AI), Antarctica (AQ), Antigua and Barbuda (AG), Armenia (AM), Aruba (AW), Azerbaijan (AZ), Bangladesh (BD), Barbados (BB), Belize (BZ), Benin (BJ), Bhutan (BT), Bolivia (BO), Bonaire Sint Eustatius and Saba (BQ), Botswana (BW), Brunei Darussalam (BN), Burkina Faso (BF), Burundi (BI), Cabo Verde (CV), Cambodia (KH), Cameroon (CM), Central African Republic (CF), Chad (TD), Comoros (KM), Congo (Democratic Republic of the) (CD), Congo (the) (CG), Cook Islands (CK), Côte d’Ivoire (CI), Curaçao (CW), Djibouti (DJ), Dominica (DM), Dominican Republic (DO), Ecuador (EC), Egypt (EG), El Salvador (SV), Equatorial Guinea (GQ), Ethiopia (ET), Fiji (FJ), French Polynesia (PF), French Southern Territories (TF), Gabon (GA), Gambia (the) (GM), Ghana (GH), Grenada (GD), Guadeloupe (GP), Guatemala (GT), Guinea (GN), Guyana (GY), Haiti (HT), Holy See (Vatican City State) (VA), Honduras (HN), Jamaica (JM), Jordan (JO), Kenya (KE), Kiribati (KI), Kyrgyzstan (KG), Lao People’s Democratic Republic (LA), Lebanon (LB), Lesotho (LS), Liberia (LR), Libya (LY), Macao (MO), Madagascar (MG), Malawi (MW), Maldives (MV), Mali (ML), Martinique (MQ), Mauritania (MR), Mauritius (MU), Moldova (the Republic of) (MD), Mongolia (MN), Montserrat (MS), Morocco (MA), Mozambique (MZ), Myanmar (MM), Namibia (NA), Nauru (NR), Nepal (NP), New Caledonia (NC), Nicaragua (NI), Niger (the) (NE), Niue (NU), Oman (OM), Pakistan (PK), Palau (PW), Palestine (State of) (PS), Papua New Guinea (PG), Rwanda (RW), Saint Barthelemy (BW), Saint Helena Ascension and Tristan da Cunha (SH), Saint Kitts and Nevis (KN), Saint Lucia (LC), Saint Martin (MF), Saint Pierre and Miquelon (PM), Saint Vincent and the Grenadines (VC), Samoa (WS), San Marino (SM), Sao Tome and Principe (ST), Senegal (SN), Sierra Leone (SL), Sint Maarten (Dutch part) (SX), Solomon Islands (SB), Somalia (SO), South Sudan (SS), Sri Lanka (LK), Sudan (SD), Suriname (SR), Tanzania (United Republic of) (TZ), Timor-Leste (TL), Togo (TG), Tonga (TO), Trinidad and Tobago (TT), Tunisia (TN), Turkmenistan (TM), Turks and Caicos Islands (TC), Uganda (UG), Uzbekistan (UZ), Vanuatu (VU), Venezuela (Bolivarian Republic of) (VE), Wallis & Futuna (WF), Western Sahara (EH), Yemen (YE), Zambia (ZM), and Zimbabwe (ZW).

The Promotion is void in the United Kingdom, Australia and in any jurisdiction where participation would be unlawful or restricted by regulation.

3. Promotion Period

The Promotion begins on November 5th, 2025 at 6:00pm UTC and ends on December 3rd, 2025 at 11:59 p.m. UTC (the “Promotion Period”).

4. How to Enter

Each USD $1 (notional equivalent) traded on eligible Kraken Spot, Margin, or PTL markets during the Promotion Period earns one (1) entry into the Sweepstakes. Trading means Buying, Selling, or Converting. Excludes trades between fiat and stablecoins, or within stablecoins. Maximum of 1,000,000 entries per participant.

Free Alternative Method of Entry (AMOE)

To enter for free without trading, follow the instructions here: https://swpp.me/a/win1btc. All entries received via Sweepea will be treated with equal dignity to trade-based entries. 10 entries will be awarded for a successful Sweeppea submission.

5. Prize Details

One (1) winner will receive 1 Bitcoin (BTC).

Five (5) winners will receive $10,000 USD in BTC

100 (100) winners will receive $100 USD in BTC

The Approximate Retail Value of the prizes will be determined based on the market price of BTC at the time it is awarded. Prize is non-transferable and may not be substituted for cash except as Kraken may determine in its sole discretion.

6. Winner Selection and Notification

The potential winner will be selected by random drawing from all eligible entries on or about November 29th, 2025. The drawing will be conducted by Kraken or its authorized vendor. The selected winner’s prize will be automatically credited to their verified Kraken account on the same day as the drawing. No action or response is required from the winner to claim the prize. In the event that a winner’s account is closed, suspended, or otherwise ineligible at the time of crediting, the prize may be forfeited and Kraken may, in its sole discretion, conduct an alternate drawing from remaining eligible entries.

7. Eligibility Requirements

Participants must: (a) hold a verified Kraken Consumer or Pro account in good standing; and (b) meet age of majority in their jurisdiction (18 + or as applicable).

8. Disqualification

Kraken reserves the right to disqualify any entry or participant if Kraken determines, in its sole discretion, that the participant has violated these Official Rules, the Kraken.com Terms of Service, or applicable law, or has otherwise engaged in fraudulent or abusive conduct in connection with the Promotion.

9. Privacy and Data Use

Personal information collected will be used solely for administration of the Promotion and as described in Kraken’s Privacy Policy at https://kraken.com/legal/privacy.

10. Taxes

Winner is solely responsible for any applicable taxes and reporting obligations arising from receipt of the prize.

11. Limitation of Liability, Disputes, and Governing Law

By participating, you release and hold harmless Kraken and its affiliates from any claims, losses, or damages arising from participation or prize receipt. Any dispute arising from this Promotion shall be governed by the laws of England and Wales and resolved by confidential binding arbitration in London, England, under the LCIA Rules. Judgment on the award may be entered in any court of competent jurisdiction. Kraken may seek equitable relief in any court as needed.

12. General Rules

Kraken reserves the right to modify, suspend, or terminate the Promotion at any time for reasons including fraud, technical issues, or legal requirements. Failure to enforce a term is not a waiver. If any provision is held invalid, the remaining provisions remain in effect.

13. Contact

Questions about this Promotion may be directed to Kraken Support at https://support.kraken.com/article/bitcoin-sweepstakes.