June 6, 2023

Kraken offers to earn on Tezos staking

Kraken offers to earn on Tezos staking

Starting December 13th, San Francisco-based crypto exchange Kraken will launch support for Tezos (XTZ) stating.

AT The exchange said that the new service will allow users to use assets to protect cryptocurrencies and receive financial rewards.

Kraken promises users instant rewards, with no waiting periods or blockages, as well as one of the highest fixed 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 cryptocurrency exchange Binance on December 4 added support for Tezos token staking. Ledger hardware wallet announced support for Tezos staking on December 10th.

Last month, Coinbase, the leading exchange in the United States, also launched the Tezos interest rate 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.