In This Article
- Understanding Kraken’s Auto Earn Feature
- Why Choose to Auto Earn Crypto with Kraken?
- Eligible Assets and Reward Rates
- Introducing USDG Rewards on Kraken
- Flexibility and Control: Your Crypto, Your Way
- Level up With Kraken Pro: Advanced Earning and Staking
- How to Start Earning with Kraken Auto Earn
- Conclusion: The Smartest Way to Grow Your Crypto?
Not so long ago, crypto investors who wanted to grow their holdings passively needed advanced technical knowledge for staking or were required to do complex financial gymnastics across decentralized applications. Thanks to Kraken’s Auto Earn feature, this is no longer an issue.
In another step towards democratizing crypto staking, Kraken brings passive portfolio growth without lock-up periods, allowing users to keep their assets liquid while still earning passive income. As a result, this is one of the most flexible automated earning features on the market right now.
Want to grow your crypto holdings passively? Sign up with Kraken and activate Auto Earn on your coins.
Understanding Kraken’s Auto Earn Feature
Kraken’s Auto Earn feature is one of the best ways to grow your crypto holdings, and here’s why:
- Easy to activate: Simply turn on the Auto Earn feature for a supported coin that you hold, and you start to earn more tokens without extra manual input.
- No lock-up periods: Withdrawing staked coins on decentralized platforms can often take between two days and several months. Kraken’s Auto Earn feature has no lock-up periods, meaning your assets are liquid and available for use as margin or for sale if needed.
- Weekly payouts: The annual percentage rate (APR) of the coins you use with the Auto Earn feature is paid out each week.
- Multiple assets available: Kraken supports multiple crypto assets for its Auto Earn feature, including stablecoins like USDT and USDC, as well as coins like BTC, ETH, AAVE, DOGE, and ETC. Note that supported assets differ across regions.
Why Choose to Auto Earn Crypto with Kraken?
Choosing the Kraken’s Auto Earn feature over simple staking comes with several benefits. First, you earn passive income while supporting blockchain networks, and your token holdings grow automatically through compounding.
Setting up the Auto Earn feature doesn’t require expertise either. You can start by flicking a simple toggle on/off switch within the “Earn” tab. And the best part? Rewards are distributed weekly and credited to your account balance, which you can use or withdraw at any time.
Eligible Assets and Reward Rates
Kraken users can earn passive yield via Auto Earn on various assets, including stablecoins, popular cryptocurrencies, and meme coins. Here’s how the APR looks for the highest-yield assets at the time of writing:
Asset
Annual Percentage Rate (APR)
Cosmos (ATOM)
7–12%
Mina (MINA)
6–11%
Kusama (KSM)
6–10%
Network (SCRT)
6–9%
Polkadot (DOT)
4–8%
Celestia (TIA)
3–7%
Flow (FLOW)
2–7%
Injective (INJ)
4–7%
Keep in mind, these assets are region-dependent, while the APRs are subject to change per Kraken’s terms of service.
Introducing USDG Rewards on Kraken
Kraken+ members get various benefits, including up to 4%+ APR on USDG holdings. USDG is a stablecoin like USDT and USDC, meaning it’s backed by US Treasury Bills to keep its value pegged to the US dollar at 1:1. The main difference between this stablecoin and its slightly better-known cousins is the issuer (USDG is issued by Paxos).
These USDG rewards are powered by Kraken’s partnership with the Global Dollar Network. Similar to the other coins on Auto Earn, your USDG rewards are paid weekly with no lock-up periods.
Kraken+ is a premium subscription of $4.99 per month that comes with fee-free trading up to $10k in monthly volume, early access to new tools, 800 Kraken transactions free with Koinly for tax reports plus 50% off on Koinly’s paid plans. It also makes the subscriber eligible for exclusive token airdrops and priority support for any issues they encounter.
Flexibility and Control: Your Crypto, Your Way
Staking crypto in decentralized protocols typically comes with long withdrawal times, ranging from a couple of days to a few months in the worst cases. This means your funds are stuck, and you can miss out on potential profits if the asset price drops in the meantime.
Kraken has solved this issue by offering passive income without any lock-up periods. Users can now keep their assets liquid while earning passive income. Additionally, Auto Earn grows your assets via compounding, meaning the longer you keep them on Kraken’s platform, the more your portfolio can grow.
Thanks to Kraken’s intuitive platforms for both desktop and mobile, users can track their portfolio performance in real time.
Level up With Kraken Pro: Advanced Earning and Staking
Kraken Pro is an advanced platform that lets its users step up their game with advanced tools, exclusive support, and even higher staking yields. Here’s what you get:
- Staking. In addition to Auto Earn, Pro users can stake eligible tokens with a generous yield. Depending on the asset, users can choose flexible or bonded staking, with some coins offering up to 21% APR. Flexible staking means you can withdraw your funds at any moment, while bonded staking comes with a certain lock-up period. Because of the lock-up period, bonded staking often yields higher returns than flexible staking.
- High ETH staking yields. ETH staking comes with up to 8% APR, which is higher than the standard 4% most platforms offer. Users already staking ETH can restake it for a higher yield using the EigenLayer protocol that offers rewards in tokens like ETH, EIGEN, or other ERC-20 tokens.
- Advanced tools. Kraken Pro offers advanced staking and analytic tools to help you keep an eye on your assets within a single platform. Moreover, Kraken Pro offers advanced trading tools and charts, as well as derivatives trading on over 300 perpetual futures and fixed-maturity contracts.
How to Start Earning with Kraken Auto Earn
Setting up your Kraken Auto Earn is simple. Here’s how to do it:
- Visit Kraken and open an account.
- Log in and navigate to Rewards and then Auto Earn (Kraken Pro has a direct option via the Earn tab).
- Select the asset for which you’d like to turn Auto Earn on and toggle the option.
- Watch your portfolio grow every week (on mobile or desktop).
Conclusion: The Smartest Way to Grow Your Crypto?
Kraken Auto Earn is an excellent option for anyone looking to passively grow their portfolio. Thanks to its simplicity, security, and liquidity of locked funds, this is one of the best tools on the market right now.
Kraken is a veteran of the space, having been at the forefront of crypto since 2013. It has since grown to be one of the largest crypto exchanges, serving users across 190 countries who have traded over $550 billion to date. Users can trade over 560 crypto assets at competitive prices and easily earn passive income via staking and Auto Earn.
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