Kraken Supports Staking for TRON (TRX)
Kraken now supports staking for TRON (TRX) holders. Head into the Earn section of your account to start earning rewards on your TRX today.
What you need to know
- You can earn up to 9% in yearly rewards, distributed weekly.
- Deposits require 20 confirmations (~1 minute). You can add TRX to your Kraken account by navigating to Funding, selecting the asset and hitting Deposit.
TRON is a smart-contract-enabled blockchain platform where developers can deploy their own decentralized apps (dApps). TRON is powered by Delegated Proof of Stake (DPoS), allowing holders of its native token, TRX, to vote on who can earn rewards for validating transactions on the blockchain. TRON’s vision is to create a decentralized version of the Internet.
ABOUT Kraken
Kraken is the world’s largest global digital asset exchange based on euro volume and liquidity. Kraken’s global client base trades over 90 digital assets and 7 different fiat currencies, including GBP, EUR, USD, CAD, JPY, CHF and AUD.
ABOUT Tron
TRON is dedicated to accelerating the decentralization of the Internet via blockchain technology and decentralized applications (DApps).
RESOURCES
Kraken Announcement
