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Earn up to 9% Yearly When You Stake Your TRON

J_News by J_News
January 28, 2022
in Crypto, Top News
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Earn up to 9% Yearly When You Stake Your TRON
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We’re thrilled to announce that Kraken now supports staking for TRON (TRX) holders!

Head into the Earn section of your account to start earning rewards on your TRX today.

Note: TRON Staking is not available to residents of the US, Canada, Australia and Japan.

What is TRON?

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. 

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.

Will Kraken list more assets?

Yes! But our policy is to never reveal any details until shortly before launch – not even which assets we are considering. All of Kraken’s listed tokens are available on our website, and all future tokens will be announced on Kraken’s blog and social media profiles. Our client engagement specialists cannot answer any questions about which assets we may be listing in the future.

Trade and invest with caution

Limit orders are recommended when trading starts since the markets may be illiquid initially. Be extremely careful with market orders and orders that trigger market orders (e.g. stop loss).

Listing an asset or token for trade is not a recommendation to buy, sell, or participate in the associated network. Do your own research and invest at your own risk.

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