Kraken is one of the oldest cryptocurrency exchanges which offers secure digital asset trading services. It was one of the important players in the blockchain revolution and was one of the first exchanges to enable leveraged Bitcoin margin trading. It’s vision is to bring cryptocurrency to the mainstream by unlocking greater acceptance and ownership of virtual assets. Thus, in addition to offering crypto services, it also makes available offers and rewards to its users.
With Kraken, you can stake your crypto holdings in order to maximise those assets and utilise their full potential. Staking is the process in which you employ your crypto assets to earn rewards. Reward amounts in Kraken differ on the basis of the asset, ranging from 4.75% annual returns on the Algorand (ALGO) token to 7.5% annual returns on the Cosmos (ATOM) token to potentially as high as 23% annual returns in the Kava (KAVA) token.
Kraken also allows the staking of fiat currency and you can possibly earn 2% annual returns on the US Dollar (USD). The availability of individual rewards depends on country jurisdictions and the reward rates are subject to change.