How to Stake Orchai Protocol Staked Compound ATOM (SCATOM) on Kraken
Kraken may not directly support SCATOM staking, but you can still use Kraken to buy SCATOM and transfer it for staking.
Current APY
4.0%
Price
$0.0000
Platform Fee
10–15%
Platform Type
Exchange
Step-by-Step: Stake SCATOM on Kraken
Create a Kraken account
Sign up at Kraken, complete identity verification (KYC), and secure your account with 2FA.
Deposit or buy SCATOM
Transfer SCATOM 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 Orchai Protocol Staked Compound ATOM (SCATOM) in the list of available staking assets.
Choose your staking amount
Enter the amount of SCATOM you want to stake. Review the estimated APY, lock period, and any fees.
Confirm and start earning
Confirm the staking transaction. Your SCATOM will begin earning rewards, usually within 1–3 days. Rewards are typically auto-compounded.
Kraken for SCATOM 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