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How to Stake POL (ex-MATIC) (POL) on Kraken

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

Current APY

5.0%

Price

$0.0847

Platform Fee

10–15%

Platform Type

Exchange

Start Staking POL on Kraken

Kraken handles all the technical setup.

Stake POL on Kraken →

Step-by-Step: Stake POL 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 POL

Transfer POL 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 POL (ex-MATIC) (POL) in the list of available staking assets.

4

Choose your staking amount

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

5

Confirm and start earning

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

Kraken for POL 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: POL Staking on Kraken

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