Kraken offers 12% interest for Polkadot (DOT) staking and 7% for Cosmos (ATOM)
While Binance Staking already has a serious reputation for cryptocurrency staking with the recent addition of Swipe Staking (SXP), crypto exchange Kraken is also developing its crypto staking offering.
There was already Tezos (XTZ) staking available on Kraken Staking, the platform has just added Polkadot (DOT) and Cosmos (ATOM) staking.
Kraken also offers Bitcoin BTC staking.
Two popular blockchain and cryptocurrency projects whose staking has met with some success.
Kraken is therefore developing its staking offer by offering more than attractive interest rates, with 12% for Polkadot (DOT) staking and 7% for Cosmos (ATOM) staking!
As a reminder, cryptocurrency staking is an easy and efficient way to make money with cryptocurrency and generate passive income every month by simply making your crypto tokens available.
Regarding the 12% interest for Polkadot staking (DOT) and the 7% for Cosmos staking (ATOM), all you have to do is open a free account on Kraken and deposit your DOT or ATOM tokens there in order to do staking.
If you don’t have any tokens, you can simply buy some on the platform and stake them directly from your account on Kraken.
More interesting than a savings accounts in a bank, cryptocurrency staking is attracting more and more investors, professional and private, because of these high interest rates which may not last into the future.
Therefore, it is worth taking advantage of it today as long as these high interest rates are available.
The upside is that Binance and Kraken are serious companies, guaranteed to get paid on every due date.
On Kraken Staking, you can stop staking at any time and withdraw your tokens whenever you want.
If you would like to test staking on Kraken, open a free account: click here.