Cardano
$1.44 11.21%
ADA · 1d

Kraken exchange adds Cardano staking

Kraken is excited to announce staking for Cardano (ADA) went live on May 4 at approximately 21:00 UTC.

Kraken listed ADA for trading in September 2018. By staking ADA through Kraken’s market leading staking service you’ll take your place among the decentralized community of supporters helping to secure the Cardano network.

Cardano is a Proof of Stake (PoS) blockchain that offers developers the ability to run smart contracts and build decentralized applications. Owners of ADA, its native cryptocurrency, are also incentivized to help operate its network and vote on changes to its software rules.

With the addition of ADA, Kraken now supports staking in seven assets, with more coming soon. You can see the full list of available assets and learn more about staking here. 

Stake ADA Now

How to deposit Cardano (ADA) Navigate to “Funding” > “Deposit” > select “ Cardano (ADA).” You can find ADA either by ticking “Show all assets” or by searching (e.g for “Cardano” or “ADA”). Click “Deposit” next to ADA and follow the on-screen instructions. How to get started ADA staking will be available starting May 4 at approximately 21:00 UTC Add Cardano to your Spot Wallet by depositing ADA, or by buying ADA directly on Kraken. All you need to do to begin, is put ADA into your Kraken Staking Wallet by navigating to “Staking,” then under “Cardano (ADA)” click “Stake.”

What time will funding and staking start?

Funding: Live now, you can deposit ADA immediately.  Staking: ADA staking will be available starting at approximately 21:00 UTC on May 4. Updates will be posted on the status page near launch time. How to deposit Navigate to “Funding” > “Deposit” > Select “Cardano (ADA).” You can find ADA either by ticking “Show all assets” or by searching (e.g for “Cardano” or “ADA”). Click “Deposit” next to ADA and follow the on-screen instructions. Confirmations required before deposits credit Cardano (ADA): 15...
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