How to Stake Bismuth (BIS) on Kraken

Kraken may not directly support BIS staking, but you can still use Kraken to buy BIS and transfer it for staking.

Current APY

12.0%

Price

$0.0065

Platform Fee

10–15%

Platform Type

Exchange

Start Staking BIS on Kraken

Kraken handles all the technical setup.

Stake BIS on Kraken

Step-by-Step: Stake BIS on Kraken

1

Create a Kraken account

Sign up at Kraken, complete identity verification (KYC), and secure your account with 2FA.

2

Deposit or buy BIS

Transfer BIS to your Kraken wallet, or buy it directly using fiat currency (bank transfer, card, etc.).

3

Navigate to Staking

Go to the staking or earn section on Kraken. Find Bismuth (BIS) in the list of available staking assets.

4

Choose your staking amount

Enter the amount of BIS you want to stake. Review the estimated APY, lock period, and any fees.

5

Confirm and start earning

Confirm the staking transaction. Your BIS will begin earning rewards, usually within 1–3 days. Rewards are typically auto-compounded.

Kraken for BIS Staking: Pros & Cons

Pros

  • + Low fees (10–15%) among exchanges
  • + 20+ stakeable assets — widest selection on a CEX
  • + Competitive APYs, often above market
  • + Staking available in most countries

Cons

  • - Custodial — Kraken controls staked assets
  • - US residents limited after 2023 SEC settlement
  • - Staking UI less polished than Coinbase
  • - Some assets have minimum lock requirements

FAQ: BIS Staking on Kraken

What APY can I earn staking BIS on Kraken?
The current estimated APY for BIS staking is around 12.0%. Actual rates vary based on network conditions, validator performance, and Kraken's fee structure (10–15% commission on rewards).
Is staking BIS on Kraken safe?
Kraken is a custodial exchange with a high risk profile for BIS staking. As a custodial platform, they manage your private keys. Always assess your risk tolerance before staking.
How long does it take to unstake BIS from Kraken?
Unstaking times depend on the network: Flexible on most assets. During the unstaking period, your BIS won't earn rewards.
What fees does Kraken charge for BIS staking?
Kraken charges 10–15% commission on rewards. These fees are typically deducted from your staking rewards automatically.
Can I stake BIS on other platforms?
Yes! You can compare all available platforms for BIS staking on our How to Stake Bismuth guide. Different platforms offer different APY rates, fees, and custody models.