You! If you have a verified account in a supported location and own eligible assets, you can start using Auto Earn. Your earnings will begin growing in your account the next day.
On the Kraken app or website, access your Account balance page and check lifetime rewards. From here you can turn Auto Earn on or off anytime.
On the Kraken Pro app or website, access your Portfolio page to turn Auto Earn on. To turn it off access Settings on web or Account details on the app to turn Auto Earn off.
Each eligible crypto asset has its own estimated APY (Annual Percentage Yield). Check our list of eligible assets to see the APY for each asset.
Rewards accrue daily and all your earnings are paid out on a weekly basis. Depending on the program, payouts may be in the same asset you staked or in a different asset. For example, BTC Staking rewards are paid in $BABY, Babylon’s native token.
You can earn rewards for any eligible asset with a balance of more than 1 USD. The total amount of each asset eligible for Auto Earn is capped. Asset caps can be seen here. There is no limit to the amount of rewards that can be earned by eligible assets.
On the Kraken app or web, access your Account balance page and check lifetime Rewards.
On the Kraken Pro app or web go to Portfolio, Spot to see Total Spot rewards.
Staking allows individuals to earn rewards by contributing to the security and decentralization of the blockchain network utilizing blockchain Proof-of-Stake protocol.
Opt-In Rewards gives you the option to earn rewards on available and idle Bitcoin (BTC), USD Coin (USDC), Global Dollar (USDG), and Tether (USDT) balances in your Kraken account. Opt-In Rewards utilizes assets as further described in our Terms of Service.
Yes, Auto Earn can be enabled in either app or website and will only be active on assets not already staked in Pro.
No, we don’t charge any additional fee, however Kraken does charge a commission on the rewards generated. See here for more details.
Tax may need to be paid in some locations. We suggest you speak to a tax professional for accurate, local advice.
