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The Cryptonomics™ > Bitcoin > Rewards is now accessible on Kraken Professional!
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Rewards is now accessible on Kraken Professional!

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Last updated: May 15, 2024 4:12 pm
admin Published May 15, 2024
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Rewards is now accessible on Kraken Professional!


Contents
The right way to begin incomes rewards with KrakenTo activate Rewards on the Kraken Professional App:On Kraken Professional Internet:How does Rewards differ from staking on Kraken Professional?Rewards recap

Seamlessly earn returns on all eligible cryptoassets!

Rewards is our new characteristic that permits customers to make their cryptoassets work more durable whereas additionally serving to help 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 durations. You possibly can 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 your portfolio to earn on particular person belongings. Rewards automates the whole course of for you. With our straightforward enrollment, it couldn’t be less complicated to affix the rising variety of customers incomes rewards on their crypto.

Step-by-step signup directions for Rewards on Kraken Professional – through cellular and internet – could be discovered right here.

The right way to begin incomes rewards with Kraken

In the event you’re in an eligible geo, To enroll your whole eligible crypto belongings for Kraken Rewards, merely open your Kraken Professional internet or Kraken Professional cellular 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 permits you to earn on 18 completely different cryptocurrencies, together with Ether (ETH), Polkadot (DOT), Solana (SOL) and Cardano (ADA).

All rewards are calculated day by day and paid robotically 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 subsequent display screen your eligible belongings will probably be displayed.
  5. On the subsequent display screen the Rewards applications you may subscribe to will probably be displayed. Faucet on Agree & Activate.
  6. After getting enabled Rewards you can begin incomes!

On Kraken Professional Internet:

  1. Sign up 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 subsequent display screen your eligible belongings will probably be displayed.
  5. On the subsequent display screen the Rewards applications you may subscribe to will probably be displayed.
  6. Click on on Agree & Activate.

How does Rewards differ from staking on Kraken Professional?

  • Retains immediate 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 durations
  • Property auto-compound

Rewards permits you to develop your crypto holdings with earnings that compound over time and we’ve fastidiously designed this new characteristic to go hand-in-hand with our present suite of portfolio administration instruments.

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

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 fluctuate per asset) while not having to commerce
  • Liquid belongings, strong returns: Commerce or withdraw anytime, your belongings are all the time accessible
  • Common payouts: Accumulate earnings day by 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 crucial step towards that objective, with the quickest and best strategy to get essentially the most out of your idle crypto belongings.

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

Rewards charges are topic to alter and compliance with Kraken’s phrases and situations. These supplies are for basic data functions solely and will not be funding recommendation or a advice or solicitation to purchase, promote, stake or maintain any cryptoasset or to interact in any particular buying and selling technique. Kraken doesn’t and won’t work to extend or lower the value of any specific cryptoasset it makes accessible. Some crypto merchandise and markets are unregulated, and also you might 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 must search unbiased recommendation in your taxation place. Not accessible within the US and different geographic restrictions apply. Reward charges are topic to alter, please check with Kraken’s Phrases of Service for added data.

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