Ethereum Merge, Staking and Trading FAQ
An overview of eligibility criteria (including geographic restrictions) for Onchain staking can be found here.
Ethereum 2.0 or Eth2, was an upgrade to the Ethereum network. The Ethereum Merge was migrating Ethereum from the previous Proof-of-Work network to a new Proof-of-Stake blockchain, Eth2 aims to increase scalability and reduce energy consumption.
As a Proof-of-Stake blockchain, the Eth2 Beacon Chain is built and secured by the network's validators. To participate as a Beacon Chain validator, you must stake ETH by sending it to a deposit contract on the Ethereum network. When you stake through Kraken, we will credit your account with staked ETH and the applicable staking rewards consistent with our Terms and the rules of the Ethereum network.
Note that due to the the Shapella upgrade ETH2 no longer exists. Any ETH2 on your account was converted to ETH.
Review frequently asked questions within the sections below:
General
Staking
Trading
Derivatives Trading
If you have any additional questions, our support specialists are available to assist you.