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How to Stake Yield 24 (Y24) on Kraken

Kraken may not directly support Y24 staking, but you can still use Kraken to buy Y24 and transfer it for staking.

Current APY

4.0%

Price

$0.0000

Platform Fee

10–15%

Platform Type

Exchange

Start Staking Y24 on Kraken

Kraken handles all the technical setup.

Stake Y24 on Kraken →

Step-by-Step: Stake Y24 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 Y24

Transfer Y24 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 Yield 24 (Y24) in the list of available staking assets.

4

Choose your staking amount

Enter the amount of Y24 you want to stake. Review the estimated APY, lock period, and any fees.

5

Confirm and start earning

Confirm the staking transaction. Your Y24 will begin earning rewards, usually within 1–3 days. Rewards are typically auto-compounded.

Kraken for Y24 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: Y24 Staking on Kraken

What APY can I earn staking Y24 on Kraken?
The current estimated APY for Y24 staking is around 4.0%. Actual rates vary based on network conditions, validator performance, and Kraken's fee structure (10–15% commission on rewards).
Is staking Y24 on Kraken safe?
Kraken is a custodial exchange with a high risk profile for Y24 staking. As a custodial platform, they manage your private keys. Always assess your risk tolerance before staking.
How long does it take to unstake Y24 from Kraken?
Unstaking times depend on the network: Flexible on most assets. During the unstaking period, your Y24 won't earn rewards.
What fees does Kraken charge for Y24 staking?
Kraken charges 10–15% commission on rewards. These fees are typically deducted from your staking rewards automatically.
Can I stake Y24 on other platforms?
Yes! You can compare all available platforms for Y24 staking on our How to Stake Yield 24 guide. Different platforms offer different APY rates, fees, and custody models.