Does Kraken allow staking?

Kraken allows from today on ADA staking in the exchange. Hi Environmental_Rub472, welcome to Cardano! Most exchanges do not offer staking directly. There is also still the element of not your keys not your crypto. Best to have your ADA in the official wallets of Daedalus or Yoroi.

What is staking Ada?

By staking ADA through Kraken’s market leading staking service you’ll take your place among the decentralized community of supporters helping to secure the Cardano network. Cardano is a Proof of Stake (PoS) blockchain that offers developers the ability to run smart contracts and build decentralized applications.

How do I stake tokens on Kraken?

Navigate to Kraken’s staking page where you can choose which token you wish to stake. Click the staking icon on the right-hand side of the screen to reveal the staking window. Enter the number of tokens (or the percentage of your available tokens) you want to stake.

How do I earn on Kraken?

When you are logged in to your Kraken account navigate to the Earn section at the top of the page. We have plans to introduce On-chain staking for other assets in the near future — such as Dash (DASH). Follow our blog for announcements. There are currently no fees for staking or unstaking.