Kraken is also a large exchange with more than 10 million customers and 200+ different cryptocurrencies you can buy or trade. Not only can you buy and sell at Kraken, but staking is also possible. Kraken has 20 cryptocurrencies you can stake. Kraken works with the Proof of Stake ( PoS ) principle. This means that when you strike your coins you cooperate with the security and transactions in this currency. By participating in this you get a reward which is your interest.

Cardano ( ADA )

Algorand ( ALGO )

Cosmos ( ATOM )

Bitcoin ( BTC )

US Dollar ( USD )

USD Coin ( USDC )

Tether ( USDT )

Tezos ( XTZ )
How does earn on Kraken work?
There are 20 coins you can stake at Kraken. It’s very easy to do. Create an account on Kraken, add to your wallet and start staking. You have 2 types of strike at Kraken. Flexible and Bonded terms. With flexible terms, you can remove your coins whenever you want. With bonded terms, you are stuck with this coin for x number of days. So you can only get your stake back with the corresponding interest after the term has expired. With bonded terms the interest rate is often much higher than with flexible terms.