Starting December 13, San Francisco-based crypto exchange Kraken will launch support for Tezos (XTZ) staking.
INThe exchange said that the new service will allow users to use assets to protect cryptocurrencies and receive financial rewards.
Kraken promises users instant rewards, no waiting periods or lockouts, and one of the highest flat rates of 6% with payouts every Monday and Thursday.
To start the XTZ staking process for the userYou need to deposit assets to your Kraken Spot wallet. The platform offers users the trading pairs XTZ / USD, XTZ / EUR, XTZ / CAD, XTZ / XBT and XTZ / ETH.
It is worth noting that most of the main competing platforms have already added the token to their lists.
The largest crypto exchange Binance added support for staking Tezos tokens on December 4. Hardware wallet Ledger announced support for Tezos staking on December 10th.
Last month Coinbase – leading exchange in the US – also launched the Tezos reward staking system.
After the active interest of large sites inFor a coin, the currency price has grown by more than 10%, and at the moment the asset is trading at $ 1.58 per coin, having fully recovered from recent losses.
