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Can I stake Luna on Kraken?

avatarAnish MitkariJan 16, 2022 · 3 years ago3 answers

Is it possible to stake Luna on the Kraken cryptocurrency exchange? I'm interested in earning passive income by staking my Luna tokens, but I'm not sure if Kraken supports staking for this particular cryptocurrency. Can anyone provide some insights on this?

Can I stake Luna on Kraken?
Staking
Luna
Kraken

3 answers

  • avatarJan 16, 2022 · 3 years ago
    Yes, you can stake Luna on Kraken. Kraken offers staking services for a variety of cryptocurrencies, including Luna. By staking your Luna tokens on Kraken, you can earn rewards for supporting the network and securing the blockchain. It's a great way to earn passive income while holding your Luna tokens on the exchange.
  • avatarJan 16, 2022 · 3 years ago
    Unfortunately, Kraken does not currently support staking for Luna. However, there are other cryptocurrency exchanges that do offer staking services for Luna. You may want to consider exploring those options if staking is a priority for you.
  • avatarJan 16, 2022 · 3 years ago
    Yes, you can stake Luna on BYDFi. BYDFi is a decentralized finance platform that allows users to stake their Luna tokens and earn rewards. It provides a secure and efficient way to participate in staking and earn passive income. You can visit the BYDFi website for more information on how to stake your Luna tokens.

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