You can earn rewards when you stake cryptocurrencies for a period of time as an incentive to acquire and hold onto staking assets. Some staking coins may require a bonding period. To earn staking rewards, simply select the asset you wish to stake and once it has finished bonding, it will be ready to start staking and earning rewards once a week from the Proof of Stake process.

The staking rewards rates shown are an estimate, before our commission, and are based on the average staking rewards accrued over the past period.

Staking crypto involves holding and locking a specific cryptocurrency to support a network's operations. By staking crypto, individuals help validate transactions and secure the blockchain network. In return for their contribution, validators receive staking rewards in the form of additional cryptocurrency. Staking incentivizes participation and helps maintain the network's security and consensus, while also allowing individuals to earn rewards by actively supporting the blockchain ecosystem.

Not all cryptocurrencies have staking because staking requires a specific blockchain network architecture that supports the Proof-of-Stake (PoS network) consensus mechanism. PoS allows users to participate in the network by staking their coins instead of mining with computational power like in Proof-of-Work (PoW) systems. Cryptocurrencies that have staking typically prioritize energy efficiency, scalability, and network security, which PoS consensus can provide. It is a design choice made by cryptocurrency developers and communities to promote participation and incentivize holding coins for network support. Additionally, not all cryptocurrencies need staking as their specific use cases or goals may not align with this particular mechanism. Learn more about Proof of Work vs. Proof of Stake.

Staking reduces the risk of centralization and makes the network more resilient against attacks. Staking also aims to improve scalability by eliminating the need for energy-intensive mining processes.

1. Sign up for a Kraken account

2. Buy or deposit staking assets

3. Select the available crypto asset

4. Earn staking rewards on your assets

You will receive rewards twice a week from your staked assets on Kraken.

These are the types of coins that you can earn rewards on through Kraken’s staking service. For example, staking coins such as Tezos (XTZ) and Cosmos (ATOM) can be purchased on Kraken and staked to earn rewards.