Benefits of staking on Kraken vs other platforms:
✓ Start earning rewards instantly — no waiting or lockup periods
✓ Payouts twice a week
✓ One of the highest returns in the industry
✓ Stake your tokens in just three clicks from your Kraken balances
✓ Instant unstaking
Currently we only offer staking for Tezos (XTZ).
We have plans to introduce staking for other currencies in the near future — such as Dash (DASH) and Cosmos (ATOM). Follow our blog for announcements.
While your coins are staked they are not available for trading or withdrawing. However, you can instantly unstake your coins at anytime — there is no locking period when unstaking.
The rewards are 6% per year and we do not take any fees from this.
You can compound your returns with the Grow rewards feature, which reinvests the rewards you earn every week back into staking.
Rewards are paid out every week on Monday and Thursday at 14:00 UTC.
Unlike other staking services, at Kraken there is no minimum staking time needed to earn rewards. You start earning rewards within minutes of staking your funds.
For example, if you only staked for a few hours and then un-staked your funds, you would still be credited pro-rated rewards on the next payout day. In contrast, on other services you wouldn't receive anything.
For Tezos, the minimum staking amount is 0.000001 XTZ.
There are no fees for staking or for transferring funds between your spot wallet and staking wallet.
It is not possible to stake or unstake on mobile because the Kraken API (which is what the mobile app is based on) does not have any commands for staking.
For all other enquiries you may submit a support ticket here.