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How to Stake Secret (SCRT) on Kraken

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

Current APY

26.9%

Price

$0.0965

Platform Fee

10–15%

Platform Type

Exchange

Start Staking SCRT on Kraken

Kraken handles all the technical setup.

Stake SCRT on Kraken →

Step-by-Step: Stake SCRT 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 SCRT

Transfer SCRT 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 Secret (SCRT) in the list of available staking assets.

4

Choose your staking amount

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

5

Confirm and start earning

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

Kraken for SCRT 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: SCRT Staking on Kraken

What APY can I earn staking SCRT on Kraken?
The current estimated APY for SCRT staking is around 26.9%. Actual rates vary based on network conditions, validator performance, and Kraken's fee structure (10–15% commission on rewards).
Is staking SCRT on Kraken safe?
Kraken is a custodial exchange with a medium risk profile for SCRT staking. As a custodial platform, they manage your private keys. Always assess your risk tolerance before staking.
How long does it take to unstake SCRT from Kraken?
Unstaking times depend on the network: Flexible on most assets. During the unstaking period, your SCRT won't earn rewards.
What fees does Kraken charge for SCRT staking?
Kraken charges 10–15% commission on rewards. These fees are typically deducted from your staking rewards automatically.
Can I stake SCRT on other platforms?
Yes! You can compare all available platforms for SCRT staking on our How to Stake Secret guide. Different platforms offer different APY rates, fees, and custody models.