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Home»BITCOIN NEWS»Rewards are now available in Kraken Pro!
BITCOIN NEWS

Rewards are now available in Kraken Pro!

By Crypto FlexsMay 14, 20244 Mins Read
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Rewards are now available in Kraken Pro!
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Earn seamlessly on all eligible cryptocurrencies!

Rewards are a new feature that helps support the cryptocurrency ecosystem by encouraging users to spend more time using their cryptocurrency while also helping verify transactions.

Get rewarded for your assets held in spot balances without them being locked up or subject to bonding periods. You can access your assets at any time to trade, withdraw, or use them as margin collateral (if available in your region).

Gone are the days of manually clicking through portfolios to earn returns on individual assets. Rewards automates the entire process. It couldn’t be simpler to join the growing number of users earning rewards in cryptocurrency through simple registration.

You can find step-by-step sign-up instructions for Kraken Pro Rewards via mobile and web. here.

How to Start Earning Rewards with Kraken

If you are in an eligible region, to register all eligible crypto assets for Kraken Rewards, open your Kraken Pro web or Kraken Pro mobile app account, go to the Portfolio section and click the “Start Earning Now” button. Rewards not available in the United States and certain other territories.

Rewards lets you earn in 18 different cryptocurrencies, including Ether (ETH), Polkadot (DOT), Solana (SOL), and Cardano (ADA).

All rewards are calculated daily and automatically credited to your account weekly. Best of all, Rewards rates are identical to Flex staking rates on the Pro platform where available.

To activate rewards in the Kraken Pro app:

  1. Open the Kraken Pro app and tap the Portfolio button.
  2. Tap the rewards banner to activate your reward.
  3. Tap Get Started on the About page.
  4. The next screen displays eligible assets.
  5. The next screen will show you which rewards programs you can subscribe to. Tap Agree and Turn On.
  6. Activate your rewards and you can start earning!

Kraken Pro Web:

  1. Log in to your Kraken Pro account and click on the Portfolio Overview page.
  2. To activate your rewards, click ‘Start Earning Now’ on the rewards banner.
  3. Click Get Started on the About page.
  4. The next screen displays eligible assets.
  5. The next screen will show you which rewards programs you can subscribe to.
  6. Click Agree and Turn On.

How do rewards differ from Kraken Pro staking?

  • Maintain instant access to all assets to trade, withdraw, or use as margin collateral (if available in your region).
  • Unlike staking, there is no bonding period.
  • Automatic synthesis of assets

Rewards lets you grow your cryptocurrency assets by compounding returns over time, and we’ve carefully designed this new feature to work alongside our existing suite of portfolio management tools.

Plus, with best-in-class security and award-winning customer support, you can be confident your cryptocurrencies are in the best hands.

Rewards Summary

Let’s summarize the key benefits of rewards:

  • Unlock a world of rewards: Easily earn rewards on all eligible cryptocurrency assets
  • Earn money with ease: Earn up to 10% more per year without having to trade (percentage varies by asset).
  • Liquid assets, guaranteed returns: You can trade or withdraw at any time and have access to your assets at any time.
  • REGULAR PAYMENTS: Accumulate daily earnings and enjoy weekly payments.

We are on a mission to accelerate the global adoption of cryptocurrency so that everyone can achieve financial freedom and inclusion. Rewards are an important step towards that goal, providing the fastest and easiest way to make the most of your idle crypto assets.

Click below to see what types of rewards you can get now.

Reward rates are subject to change and are subject to Kraken’s Terms and Conditions. These materials are provided for general information purposes only and are not investment advice or a recommendation or solicitation to buy, sell, stake or hold any cryptocurrency or to engage in any particular trading strategy. Kraken does not and will not seek to increase or decrease the price of any particular cryptocurrency it offers. Some cryptocurrency products and markets are unregulated and you may not be protected by government compensation and/or regulatory protection schemes. The unpredictable nature of the cryptocurrency market may result in loss of funds. Taxes may be payable on the appreciation and/or declaration of the value of your cryptocurrency assets and you should seek independent advice on your tax position. Not available in the United States and other geographic restrictions apply. Compensation rates may change. Kraken’s Terms of Service If you would like further information.

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