Kraken Staking – Earn 20% APY When Staking Mina&Kusama
Ranked: 8.5/12
Highlights
Staking Reward Up To 20%
Flexible Lock-In Period
Registered as a money service business in the US
Payments every two weeks
User-Friendly Interface
Kraken supports staking for over 19 cryptocurrencies
Pros&Cons
Pros
- Staking rewards are distributed bi-weekly
- Earn up to 20% in staking yields
- Frequent and regular reward payouts.
Cons
- Terms and conditions can vary depending on the coin
- Not transparent on fees
- Limited availability in some regions due to regulatory restrictions.
Kraken is one of the best crypto staking platforms for fast reward distributions. This popular exchange pays staking rewards twice per week, which is in addition to competitive yields. In total, 15 digital assets can be staked on the Kraken platform. Apart from Bitcoin, all staking coins on Kraken are initiated on-chain.
Popular coins to stake include Ethereum, Tezos, Tron, Solana, and Polkadot. In terms of APYs, the best rate on offer is 20% and this is available when staking Mina. Kusama and Kava are competitive too, with maximum staking rewards of 18%. All staking agreements on Kraken are offered on flexible terms.
Learn more about staking platforms: Staking Platform
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