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Tag: staking

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Kraken to end on-chain staking services for U.S. clients

  • by KrakenFX
  • Posted on February 9, 2023

Today, two Kraken subsidiaries announced a settlement with the U.S. Securities and Exchange Commission (SEC) concerning Kraken’s on-chain staking program. Because of this settlement, Kraken has agreed to end its on-chain staking services for U.S. clients. Starting today, Kraken will automatically unstake all U.S. client…

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  • Kraken Intelligence

Crypto Rewards: Staking

  • by KrakenFX
  • Posted on February 24, 2022February 24, 2022

Earning passive rewards on your money in traditional finance is, well, not so rewarding these days. But, crypto offers participants a novel opportunity to receive rewards through a process known as staking. As participation in Proof-of-Stake networks grows and users continue to accumulate crypto rewards,…

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  • Engineering

Testing Crypto Payments & Staking at Kraken

  • by krakenfx
  • Posted on July 30, 2021August 2, 2021

By: Brett McLain, Director of Engineering – Crypto, Fiat, Staking If you’re interested in cryptocurrencies, payments, or staking and want to help build the financial system of the future, the funding engineering team @ Kraken is hiring! When Kraken launched almost a decade ago, only…

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  • | Kraken News

Kraken Staking Rewards Top $100 Million

  • by krakenfx
  • Posted on July 27, 2021February 27, 2023

We are thrilled to announce that, year-to-date, Kraken has paid out more than $100 million in rewards to our clients via our first-in-class staking service.  Recognized as the global leader in secure, on-chain staking, Kraken has seen the total number of assets staked on our…

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  • Products

Earn 4-6% Staking Cardano (ADA), Available on Kraken Now!

  • by krakenfx
  • Posted on May 4, 2021February 27, 2023

Kraken is excited to announce staking for Cardano (ADA) went live on May 4 at approximately 21:00 UTC. Kraken listed ADA for trading in September 2018. By staking ADA through Kraken’s market leading staking service you’ll take your place among the decentralized community of supporters…

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Disclaimer: These materials are for general information purposes only and are not investment advice or a recommendation or solicitation to buy, sell, stake or hold any cryptoasset or to engage in any specific trading strategy. Some crypto products and markets are unregulated, and you may not be protected by government compensation and/or regulatory protection schemes. The unpredictable nature of the cryptoasset markets can lead to loss of funds. Tax may be payable on any return and/or on any increase in the value of your cryptoassets and you should seek independent advice on your taxation position.

About

Kraken is the world’s largest global digital asset exchange based on euro volume and liquidity. Kraken’s global client base trades over 200 digital assets and 8 different fiat currencies, including GBP, AED, EUR, USD, CAD, JPY, CHF and AUD.

Founded in 2011, Kraken was the first U.S. crypto firm to receive a state-chartered banking license, as well as one of the first exchanges to offer spot trading with margin, regulated derivatives and index services. Kraken is trusted by millions of traders, institutions and authorities around the world and offers professional, around the clock online support.

For more information about Kraken, please visit www.kraken.com.

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