stacky.

How to Stake Solana (SOL) on Kraken

Kraken directly supports SOL staking. Here's how to get started and earn up to 5.8% APY.

Current APY

5.8%

Price

$82.14

Platform Fee

10–15%

Platform Type

Exchange

Start Staking SOL on Kraken

Kraken handles all the technical setup.

Stake SOL on Kraken →

Step-by-Step: Stake SOL 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 SOL

Transfer SOL 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 Solana (SOL) in the list of available staking assets.

4

Choose your staking amount

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

5

Confirm and start earning

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

Kraken for SOL 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 SOL Staking

🏦Coinbase

Exchange · 25–35% commission on rewards

🟡Binance Staking

Exchange · Fees built into displayed APY

⭕OKX

Exchange · 10–20% commission

🔵Bybit

Exchange · Built into rates

🥩Marinade Finance

Liquid Staking · 6% of staking rewards

⚡Jito

Liquid Staking · 4% of staking rewards

🏛️Figment

validator · Varies (institutional pricing)

🌲Everstake

validator · 5–10% commission

🎵Chorus One

validator · 5–10% commission

FAQ: SOL Staking on Kraken

What APY can I earn staking SOL on Kraken?
The current estimated APY for SOL staking is around 5.8%. Actual rates vary based on network conditions, validator performance, and Kraken's fee structure (10–15% commission on rewards).
Is staking SOL on Kraken safe?
Kraken is a custodial exchange with a low risk profile for SOL staking. As a custodial platform, they manage your private keys. Always assess your risk tolerance before staking.
How long does it take to unstake SOL from Kraken?
Unstaking times depend on the network: Flexible on most assets. During the unstaking period, your SOL won't earn rewards.
What fees does Kraken charge for SOL staking?
Kraken charges 10–15% commission on rewards. These fees are typically deducted from your staking rewards automatically.
Can I stake SOL on other platforms?
Yes! You can compare all available platforms for SOL staking on our How to Stake Solana guide. Different platforms offer different APY rates, fees, and custody models.