Kraken Enables Native Bitcoin Staking With Babylon

Kraken Enables Native Bitcoin Staking With Babylon

Crypto exchange Kraken has launched a new Bitcoin staking service enabled by its integration with Babylon, a Bitcoin-native staking protocol. Users can lock their BTC in a custodial vault on the Bitcoin blockchain, which is then delegated via Babylon to secure proof-of-stake (PoS) networks. They can also unstake their BTC at any time, but will be subject to a seven-day unbonding period before funds are returned. This story is an excerpt from the…

Kraken launches Bitcoin staking with Babylon integration

Kraken Partners With Babylon to Launch BTC Staking With up to 1% APY

Kraken has integrated with DeFi protocol Babylon to offer bitcoin staking, enabling users to earn up to 1% APY without surrendering custody of their …

Kraken Adds Native BTC Staking via Babylon with 1% APY – MAXBIT

Kraken launches native BTC staking with Babylon, offering 1% APY rewards. Users stake Bitcoin without wrapping, bridging, ensuring full control. Staked BTC secures PoS chains, rewards paid in Babylon’s $BABY token. Kraken has introduced a new way for users to earn rewards on their Bitcoin holdings. By partnering with the decentralized finance (DeFi) protocol Babylon,...

Kraken Launches Bitcoin Staking via Babylon, Offers 1% APR Rewards

The exchange now offers up to 1% annual percentage rate (APR) on staked Bitcoin, with rewards paid out in Babylon’s native token, $BABY. Seamless Staking Experience for BTC Holders The new staking feature is accessible through Kraken’s standard and Pro platforms, as well as its mobile apps. Users simply need to create a Kraken account, purchase or deposit BTC, and activate staking through the “Earn” tab. No minimum balance is required, and rewar…