Kraken Interest Rates

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UP

1.25%

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STEADY

4% - 7%

USDx Stablecoin Any supported USD-based stablecoin, such as USDC/USDT

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DOWN

1.6%

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STEADY

5% - 8%

Interest rates last updated January 27, 2023.

Kraken Facts

Kraken Facts

Founded 2011

Compounding interest

No

Withdrawal fees

Yes

Availability

Worldwide, US states except NY and WA

Payouts

Once or twice a week, depending on coin

Kraken white logo kraken.com
custodial
exchange
staking

Conditions/Requirements for max Kraken Interest Rate

ETH requires lockup until launch of Ethereum proof of stake.

Kraken Review

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Kraken is an exchange supporting many coins, alongside on and off-chain staking to earn yield on deposited assets.

Kraken is a digital asset exchange platform that was founded in 2011 and is headquartered in San Francisco, California. The platform allows users to buy and sell a range of cryptocurrencies, including Bitcoin, Ethereum, and Litecoin, as well as trade a variety of digital asset pairs.

Kraken is known for its low fees, advanced trading tools, and strong security measures. The platform offers both a user-friendly interface for beginner traders and advanced features for more experienced traders, including margin trading, futures trading, and options trading.

Kraken Staking

Kraken staking rewards are done on-chain, via native protocols. Karen off-chain staking is done via lending.

  • On-chain staking is a custodial proof-of-stake solution, and available to US customers.
  • Off-chain staking (BTC and stablecoin) is not available to US customers.

Kraken Pros

  • Offers on and off-chain staking
  • Off-chain staking not available in all locations (such as US, Japan, UK)
  • Full exchange services

Kraken Cons

  • Interest rate will vary (Kraken takes a flat 15% from staking rewards)

Where does Kraken rank?

Kraken Alternatives

Kraken FAQ

Is Kraken interest compounded?

No, Kraken does not compound interest.

How often do you receive payouts at Kraken?

Once or twice a week, depending on coin.

Where is the Kraken headquartered/located?

Kraken is located in San Francisco, CA.

Where is Kraken available (what countries is Kraken available)?

Worldwide, US states except NY and WA.

When was Kraken founded?

Kraken was founded in 2011.

Is Kraken available in the USA?

Yes, Kraken is available in the USA.

Does Kraken pay interest on Bitcoin?

Yes, Kraken pays interest on Bitcoin.

Does Kraken pay interest on Ethereum?

Yes, Kraken pays interest on Ethereum.

Does Kraken pay interest on Dogecoin?

No, Kraken does not support Dogecoin.


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