Exchange New: Kraken announce Mina Staking up to 20% APR

Up until now if you wanted to stake $Mina on an exchange you had two choices, CoinList and OKEx. Now another major exchange, Kraken is offering rewards for staking Mina on their exchange and according to their literature you can earn up to 20% in yearly rewards.

We’re excited to announce our support for @MinaProtocol $MINA staking!

Earn up to 20% in yearly rewards, issued weekly with instant stake & unstake.

Learn more 👉 https://t.co/HCWLYI8vQ0 pic.twitter.com/CO4b1GTUqB

— Kraken Exchange (@krakenfx) January 18, 2022

The advantages of staking Mina on an exchange rather than choosing a independent staking provider is that the % amount is usually fixed and you can stake and un-stake instantly, meanwhile while the advantages of taking your Mina off-exchange is that you are in control of your coins and by choosing an independent staking provider you are also helping to support the ecosystem around Mina Protocol.

Click here to see a list of Mina Staking Providers >

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