How to Stake MATIC (migrated to POL) (MATIC) on Kraken
Kraken may not directly support MATIC staking, but you can still use Kraken to buy MATIC and transfer it for staking.
Current APY
5.0%
Price
$0.0000
Platform Fee
10–15%
Platform Type
Exchange
Step-by-Step: Stake MATIC 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 MATIC
Transfer MATIC 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 MATIC (migrated to POL) (MATIC) in the list of available staking assets.
4
Choose your staking amount
Enter the amount of MATIC you want to stake. Review the estimated APY, lock period, and any fees.
5
Confirm and start earning
Confirm the staking transaction. Your MATIC will begin earning rewards, usually within 1–3 days. Rewards are typically auto-compounded.
Kraken for MATIC 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 MATIC Staking
FAQ: MATIC Staking on Kraken
What APY can I earn staking MATIC on Kraken?
The current estimated APY for MATIC staking is around 5.0%. Actual rates vary based on network conditions, validator performance, and Kraken's fee structure (10–15% commission on rewards).
Is staking MATIC on Kraken safe?
Kraken is a custodial exchange with a medium risk profile for MATIC staking. As a custodial platform, they manage your private keys. Always assess your risk tolerance before staking.
How long does it take to unstake MATIC from Kraken?
Unstaking times depend on the network: Flexible on most assets. During the unstaking period, your MATIC won't earn rewards.
What fees does Kraken charge for MATIC staking?
Kraken charges 10–15% commission on rewards. These fees are typically deducted from your staking rewards automatically.
Can I stake MATIC on other platforms?
Yes! You can compare all available platforms for MATIC staking on our How to Stake MATIC (migrated to POL) guide. Different platforms offer different APY rates, fees, and custody models.