How to Stake Etherex Liquid Staking Token (REX33) on Kraken
Kraken may not directly support REX33 staking, but you can still use Kraken to buy REX33 and transfer it for staking.
Current APY
4.0%
Price
$0.0243
Platform Fee
10–15%
Platform Type
Exchange
Step-by-Step: Stake REX33 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 REX33
Transfer REX33 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 Etherex Liquid Staking Token (REX33) in the list of available staking assets.
4
Choose your staking amount
Enter the amount of REX33 you want to stake. Review the estimated APY, lock period, and any fees.
5
Confirm and start earning
Confirm the staking transaction. Your REX33 will begin earning rewards, usually within 1–3 days. Rewards are typically auto-compounded.
Kraken for REX33 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: REX33 Staking on Kraken
What APY can I earn staking REX33 on Kraken?
The current estimated APY for REX33 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 REX33 on Kraken safe?
Kraken is a custodial exchange with a high risk profile for REX33 staking. As a custodial platform, they manage your private keys. Always assess your risk tolerance before staking.
How long does it take to unstake REX33 from Kraken?
Unstaking times depend on the network: Flexible on most assets. During the unstaking period, your REX33 won't earn rewards.
What fees does Kraken charge for REX33 staking?
Kraken charges 10–15% commission on rewards. These fees are typically deducted from your staking rewards automatically.
Can I stake REX33 on other platforms?
Yes! You can compare all available platforms for REX33 staking on our How to Stake Etherex Liquid Staking Token guide. Different platforms offer different APY rates, fees, and custody models.