Cryptocurrency News & Market Updates
Kraken launches Fixed Rate Rewards, giving eligible clients fixed APYs of up to 6% on cash and stablecoins
TL;DR
Fixed Rate Rewards is a new addition to Kraken Earn that gives eligible clients a fixed APY of up to 6% on cash and stablecoin balances.
Clients pick a 3, 6, 12, or 18-month term and lock in their rate for the full duration, with no rate drift.
Rewards compound weekly into the locked allocation, and clients can opt in to auto-renew so balances renew automatically at maturity.
Available on USD, EUR, USDT, USDC, and USDG balances, in Kraken’s Consumer and Pro apps, on web and mobile.
If you’re holding cash or stablecoins on Kraken and want a straightforward way to put them to work, we built this for you. Fixed Rate Rewards is a new addition to Kraken Earn that gives eligible clients a fixed, locked-in yield of up to 6% APY, for a term you choose.
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