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How to Stake Drop Staked ATOM (DATOM) on Kraken

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

Current APY

4.0%

Price

$2.35

Platform Fee

10–15%

Platform Type

Exchange

Start Staking DATOM on Kraken

Kraken handles all the technical setup.

Stake DATOM on Kraken →

Step-by-Step: Stake DATOM 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 DATOM

Transfer DATOM 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 Drop Staked ATOM (DATOM) in the list of available staking assets.

4

Choose your staking amount

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

5

Confirm and start earning

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

Kraken for DATOM 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: DATOM Staking on Kraken

What APY can I earn staking DATOM on Kraken?
The current estimated APY for DATOM staking is around 4.0%. Actual rates vary based on network conditions, validator performance, and Kraken's fee structure (10–15% commission on rewards).
Is staking DATOM on Kraken safe?
Kraken is a custodial exchange with a high risk profile for DATOM staking. As a custodial platform, they manage your private keys. Always assess your risk tolerance before staking.
How long does it take to unstake DATOM from Kraken?
Unstaking times depend on the network: Flexible on most assets. During the unstaking period, your DATOM won't earn rewards.
What fees does Kraken charge for DATOM staking?
Kraken charges 10–15% commission on rewards. These fees are typically deducted from your staking rewards automatically.
Can I stake DATOM on other platforms?
Yes! You can compare all available platforms for DATOM staking on our How to Stake Drop Staked ATOM guide. Different platforms offer different APY rates, fees, and custody models.