Monday, November 11, 2024
HomeCryptocurrencyRewards is now accessible on Kraken Professional!

Rewards is now accessible on Kraken Professional!


Seamlessly earn returns on all eligible cryptoassets!

Rewards is our new function that permits customers to make their cryptoassets work more durable whereas additionally serving to assist the crypto ecosystem by serving to to validate transactions. 

Earn rewards on belongings held in your spot steadiness with out locking them away or being topic to any bonding intervals. You may entry your belongings to commerce, withdraw or use for margin collateral at any time (if accessible in your space).

Gone are the times of manually clicking by way of your portfolio to earn on particular person belongings. Rewards automates all the course of for you. With our straightforward enrollment, it couldn’t be less complicated to hitch the rising variety of customers incomes rewards on their crypto.

Step-by-step signup directions for Rewards on Kraken Professional – by way of cell and internet – will be discovered right here.

How one can begin incomes rewards with Kraken

If you happen to’re in an eligible geo, To enroll your whole eligible crypto belongings for Kraken Rewards, merely open your Kraken Professional internet or Kraken Professional cell app account, navigate to the Portfolio part and click on the “begin incomes now” button. Rewards isn’t accessible within the US and sure different geos.

Rewards means that you can earn on 18 completely different cryptocurrencies, together with Ether (ETH), Polkadot (DOT), Solana (SOL) and Cardano (ADA).

All rewards are calculated every day and paid mechanically into your account every week. Better of all, Rewards’ charges would be the similar because the Flex staking charges on our Professional platform, the place accessible. 

To activate Rewards on the Kraken Professional App:

  1. Open the Kraken Professional app and faucet the Portfolio button.
  2. To activate Rewards, faucet the Rewards banner.
  3. Faucet Get Began on the data web page.
  4. On the following display screen your eligible belongings will probably be displayed.
  5. On the following display screen the Rewards packages you may subscribe to will probably be displayed. Faucet on Agree & Activate.
  6. Upon getting enabled Rewards you can begin incomes!

On Kraken Professional Net:

  1. Register to your Kraken Professional account and click on on the Portfolio overview web page.
  2. To activate Rewards click on ‘Begin incomes now’ on the Rewards banner.
  3. Click on Get Began on the data web page.
  4. On the following display screen your eligible belongings will probably be displayed.
  5. On the following display screen the Rewards packages you may subscribe to will probably be displayed.
  6. Click on on Agree & Activate.

How does Rewards differ from staking on Kraken Professional?

  • Retains instantaneous entry to all belongings to commerce, withdraw or use as margin collateral (if accessible in your space)
  • Not like staking, there are not any bonding intervals
  • Belongings auto-compound

Rewards means that you can develop your crypto holdings with earnings that compound over time and we’ve rigorously designed this new function to go hand-in-hand with our current suite of portfolio administration instruments.

Not solely that, however with our best-in-class safety and award-winning buyer assist, you may relaxation assured that your cryptoassets are in the most effective palms.

Rewards recap

Let’s summarize the important thing advantages of Rewards:

  • Unlock a world of rewards: Simply earn rewards on all eligible crypto belongings
  • Earn effortlessly: Reap as much as 10+% yearly (charges differ per asset) with no need to commerce
  • Liquid belongings, strong returns: Commerce or withdraw anytime, your belongings are all the time accessible
  • Common payouts: Accumulate earnings every day and revel in weekly payouts

We’re pushed by our mission to speed up the worldwide adoption of crypto so that everybody can obtain monetary freedom and inclusion. Rewards is a vital step towards that purpose, with the quickest and best solution to get probably the most out of your idle crypto belongings.

Click on under to see what kind of rewards you could possibly be incomes proper now.

Rewards charges are topic to vary and compliance with Kraken’s phrases and circumstances. These supplies are for normal data functions solely and will not be funding recommendation or a advice or solicitation to purchase, promote, stake or maintain any cryptoasset or to have interaction in any particular buying and selling technique. Kraken doesn’t and won’t work to extend or lower the worth of any specific cryptoasset it makes accessible. Some crypto merchandise and markets are unregulated, and also you will not be protected by authorities compensation and/or regulatory safety schemes. The unpredictable nature of the cryptoasset markets can result in lack of funds. Tax could also be payable on any return and/or on any enhance within the worth of your cryptoassets and you need to search impartial recommendation in your taxation place. Not accessible within the US and different geographic restrictions apply. Reward charges are topic to vary, please discuss with Kraken’s Phrases of Service for extra data.

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