Staking

Earn Rewards by staking coins and fiat

Staking is a great way to maximize your holdings in staking coins and fiat that would otherwise be sitting in your Kraken account. Once you have staked your assets you can earn staking rewards on top of your holdings and grow them further by compounding those future rewards.

 

Get staking assets

Buy or fund your Kraken account with one of the assets that are eligible for staking below.

 

Select an asset to stake

Choose from the available assets in your spot wallet.

 

Earn rewards

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

Tezos (XTZ)

On-chain
Yearly rewards
+6.0%

Stake

Bitcoin (XBT)

Off-chain
Yearly rewards
+0.25%

Stake*

Euro (EUR)

Off-chain
Yearly rewards
+1.50%

Stake*

US Dollar (USD)

Off-chain
Yearly rewards
+2.00%

Stake*

Cosmos (ATOM)

On-chain

Coming soon

Dash (DASH)

On-chain

Coming soon

*Eligible countries only. Learn more

What are staking rewards?

You can earn rewards when you stake cryptocurrencies and fiat 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 twice a week from the Proof of Stake process.

What is Proof of Stake?

Popular coins like Bitcoin are proof of work, meaning they’re generated by using machines competing to solve complex equations to “mine” coins and digital assets. Proof of Stake works differently by choosing from a pool of people holding the Proof of Stake coin. A Proof of Stake “validator node” can be added to the pool by staking coins for a certain period of time, giving Proof of Stake validators a source of income without needing powerful mining hardware.

Staking coins & cryptocurrencies

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

On-chain and Off-chain staking

On-Chain staking allows you to stake your assets with blockchain Proof of Stake protocols such as Tezos, while Off-Chain staking allows you to stake your assets with the Kraken Margin Pools. Off-chain staking is available for eligible countries only.

Staking rewards disclaimer

Reward rates are subject to change and compliance with Kraken's terms and conditions. Neither your Kraken account nor staked assets are covered by insurance against losses or subject to Federal Deposit Insurance Corporation (FDIC) or Securities Investor Protection Corporation (SIPC) protections. For more information, please see our Terms of Service