Can You stake Ada on Kraken?

Daedalus and Yoroi are good wallets to use that support staking. Good point - I'm still getting my head wrapped around all this! Way different than stocks, options and futures. I didn't think of that angle that they will take a cut. As far as I know you cannot stake ADA on Kraken. I bought them there and I am using Daedalus Wallet to stake

What is staking on Kraken?

Staking has emerged as the latest way to increase your crypto asset holdings since mining became prohibitively expensive and complicated. By staking your tokens, you will earn a yield, help secure networks, and support emerging projects. We will take a look at the end-to-end process of staking on Kraken, and answer any questions you may have.

How do I stake on Kraken?

Follow these three easy steps: 1 Send one of the cryptocurrencies listed above to your Kraken Staking Wallet. 2 Navigate to “Staking.”. 3 Under that preferred coin, click “Stake.”.

What does Kraken do?

At Kraken, our goal is to deliver the very best products and services to our clients so they can benefit from all the many advantages cryptocurrencies have to offer.