How to Stake Ethereum (ETH) on Kraken

Kraken directly supports ETH staking. Here's how to get started and earn up to 2.4% APY.

Current APY

2.4%

Price

$2,181.69

Platform Fee

10–15%

Platform Type

Exchange

Start Staking ETH on Kraken

Kraken handles all the technical setup.

Stake ETH on Kraken →

Step-by-Step: Stake ETH on Kraken

Create a Kraken account

Deposit or buy ETH

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

Navigate to Staking

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

Choose your staking amount

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

Confirm and start earning

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

Kraken for ETH 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

Other Platforms for ETH Staking

🏦Coinbase

Exchange · 25–35% commission on rewards

💧Lido Finance

Liquid Staking · 10% of staking rewards (split: 5% node operators, 5% DAO treasury)

🚀Rocket Pool

Liquid Staking · ~14% commission to node operators

🟡Binance Staking

Exchange · Fees built into displayed APY

⭕OKX

Exchange · 10–20% commission

🔵Bybit

Exchange · Built into rates

🌐Stader Labs

Liquid Staking · 10% of staking rewards

⚓Ankr

Liquid Staking · 2% of staking rewards

🏛️Figment

validator · Varies (institutional pricing)

🌲Everstake

validator · 5–10% commission

🎵Chorus One

validator · 5–10% commission

FAQ: ETH Staking on Kraken

What APY can I earn staking ETH on Kraken?

The current estimated APY for ETH staking is around 2.4%. Actual rates vary based on network conditions, validator performance, and Kraken's fee structure (10–15% commission on rewards).

Is staking ETH on Kraken safe?

Kraken is a custodial exchange with a low risk profile for ETH staking. As a custodial platform, they manage your private keys. Always assess your risk tolerance before staking.

How long does it take to unstake ETH from Kraken?

Unstaking times depend on the network: Flexible on most assets. During the unstaking period, your ETH won't earn rewards.

What fees does Kraken charge for ETH staking?

Kraken charges 10–15% commission on rewards. These fees are typically deducted from your staking rewards automatically.

Can I stake ETH on other platforms?

Yes! You can compare all available platforms for ETH staking on our How to Stake Ethereum guide. Different platforms offer different APY rates, fees, and custody models.