TRON (TRX) Holders May Now Stake Their Coins on Kraken!

Users can start earning rewards on their TRX now by going to the Earn area of the account.

Residents of the United States, Canada, Australia, and Japan are not eligible for TRON Staking.

TRON is a blockchain platform with smart contracts that allows developers to create their own decentralized apps (dApps). TRON uses Delegated Proof of Stake (DPoS), which allows TRX token holders to vote on who can receive rewards for verifying transactions on the network. TRON’s goal is to establish a decentralized Internet. Find more information about why TRON matters in the linked article.

Users may earn up to 9% in annual incentives, which are awarded weekly on Kraken. Twenty confirmations (1 minute) are required for deposits. To deposit TRX into the Kraken account, users can go to Funding, choose the asset, and click Deposit.

Will Kraken add additional assets to its portfolio?

Yes! However, Kraken has a policy of not revealing any specifics until just before launch, including which assets the exchange is considering. All of Kraken’s listed tokens can be found on the website, and any new tokens will be announced on Kraken’s blog and social media accounts. Client engagement professionals are unable to provide information on which assets they may offer in the future.

Kraken allows cryptocurrency traders to buy and sell dozens of different currencies at some of the industry’s most competitive prices. Because some exchanges charge exorbitant rates for bitcoin orders, keeping trading fees modest is critical. Kraken, on the other hand, does not need you to forsake customer service in exchange for reduced costs. Users have live chat access to professionals 24 hours a day, seven days a week, and can even call customer service Monday through Friday, which is what makes Kraken stand out in the crypto sector. Kraken’s teaching resources, which are accessible on a variety of coins, will also aid new traders.

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