how to stake ethereum on kraken

To stake Ethereum on Kraken, you must first create an account, deposit ETH, choose a staking pool, review transaction details, and monitor your staking progress.

Oct 17, 2024 at 03:59 am

How to Stake Ethereum on Kraken

Step 1: Open a Kraken Account

Visit the Kraken website and click "Create Account."
Choose a username, password, and email address.
Complete the 2-factor authentication process.

Step 2: Deposit Ethereum

Navigate to "Funding" in the menu bar.
Find "Deposit" and select "Cryptocurrency."
Choose "Ethereum" (ETH).
Copy the Ethereum address displayed and transfer ETH from your wallet.

Step 3: Stake Ethereum

Once the ETH deposit is complete, navigate to "Staking" in the menu.
Click "Stake Now" under "Ethereum 2.0."
Input the amount of ETH you wish to stake and click "Stake."

Step 4: Choose a Staking Pool

You will be presented with a list of staking pools.
Choose a pool carefully based on its size, fees, rewards, and uptime.
Click "Select" next to the desired pool.

Step 5: Review and Confirm Transaction

Review the staking details and ensure they are correct.
Check the estimated rewards and expected time to unstake.
Click "Stake ETH" to confirm the transaction.

Step 6: Monitor Your Staking

Once your ETH is staked, it will enter the "active" or "queued" status in the "Staking" dashboard.
You can monitor your rewards and the progress of unstaking in this dashboard.

Additional Notes:

The minimum staking amount for Ethereum on Kraken is 0.0001 ETH.
The rewards are estimated and may vary depending on the pool's performance.
Unstaking Ethereum takes approximately 20 days.
Staked ETH cannot be traded or sold while it is locked.
Kraken charges a staking fee of 15%.

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research！

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Fear & Greed Index

Trade Now

Biggest Gainers

HT

$0.4790

6090719.65%

Trade Now
TOSHI

$0.0...04688

41.32%

Trade Now
RED

$0.6184

36.92%

Trade Now
FAI

$0.0180

31.85%

Trade Now
STMX

$0.0044

30.76%

Trade Now
0x0

$0.0802

24.90%

Trade Now

Latest Crypto News

XRP Price Surges 16% Following Reports That the Ongoing Ripple vs SEC Lawsuit May Finally Be Coming to a Conclusion
2025-03-13 12:45:51
Pi Network (PI) Price Surges 23% Ahead of Pi Day, Binance Listing Rumors Swirl
2025-03-13 12:45:51
Kaanch Network Emerges as a Layer 1 Platform Aiming to Outcompete Ethereum and Solana
2025-03-13 12:45:51
XRP Market Value to Realized Value (MVRV) Ratio Has Dropped Below Its 200-Day MA
2025-03-13 12:45:51
Japanese investment firm Metaplanet has added more Bitcoin to its portfolio, bringing its total holdings past 3,000 BTC.
2025-03-13 12:45:51
BTC Wallets: A Tool for Storing Coins or an Entrance to the Ecosystem?
2025-03-13 12:45:51

Related knowledge

What are the main functions of ERC-20 tokens?

Mar 13,2025 at 12:21am

Key Points:ERC-20 tokens are standardized tokens built on the Ethereum blockchain, enabling interoperability and ease of use.Their primary function is to represent fungible assets, meaning each token is interchangeable with any other of the same type.ERC-20 tokens facilitate various use cases, including fundraising (ICOs/IEOs), representing in-game asse...

How are ERC-20 tokens created on the Ethereum blockchain?

Mar 13,2025 at 01:30pm

Key Points:ERC-20 tokens are created by deploying a smart contract to the Ethereum blockchain.This smart contract defines the token's properties, such as name, symbol, total supply, and decimals.Several tools and platforms simplify the process, including online IDEs and dedicated token creation services.Understanding Solidity programming is crucial for ...

What is the ERC-20 standard?

Mar 12,2025 at 06:30pm

Key Points:The ERC-20 standard is a technical specification for creating tokens on the Ethereum blockchain.It defines a common set of rules and functions that all ERC-20 tokens must adhere to.This standardization facilitates interoperability and ease of use for developers and users.Understanding ERC-20 is crucial for anyone involved in Ethereum-based to...

Does SOL coin leverage trading support 24-hour trading?

Mar 13,2025 at 09:15am

Key Points:Solana (SOL) leverage trading is offered by numerous cryptocurrency exchanges, but 24/7 availability varies by platform.Most major exchanges offering SOL leverage trading provide near-24/7 access, though brief maintenance windows might occur.The specific trading hours are determined by the individual exchange, not by Solana's blockchain itsel...

Is there a limit on the holding time of SOL in leveraged trading?

Mar 12,2025 at 08:40am

Key Points:There's no inherent time limit on holding SOL in leveraged trading imposed by the cryptocurrency itself.Holding times are dictated by the leveraged trading platform's terms and conditions, and risk management strategies.Liquidity requirements, funding rates, and margin calls significantly influence how long one can realistically hold a levera...

How to set stop profit and stop loss in SOL leveraged trading?

Mar 12,2025 at 01:50pm

Key Points:Understanding Leverage and Risk in SOL Trading: Leverage amplifies both profits and losses. Proper stop-loss and take-profit orders are crucial for risk management.Setting Stop-Loss Orders: A stop-loss order automatically sells your SOL position when the price drops to a predetermined level, limiting potential losses. Placement depends on you...