Kraken Launches Bitcoin Vault, Offering Yield On BTC Holdings

BTC

BTC/USDT

$63,061.03

-0.02%

$63,061.03

-0.02%

(24s)

24h Volume

$2,359,383,033.32

24h H/L

$63,175.00 / $62,920.00

Change: $255.00 (0.41%)

Long/Short

68.0%

Long: 68.0%Short: 32.0%

Funding Rate

+0.0024%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$63,071.30

▼ -0.02%

Volume (24h): -

Resistance Levels

Resistance 3$64,901.59

Resistance 2$63,882.58

Resistance 1$63,145.43

Price$63,071.30

Support 1$62,928.14

Support 2$62,275.00

Support 3$61,056.47

Pivot (PP):$63,064.66

Trend:Downtrend

RSI (14):43.1

Bitcoin Magazine Editorial

(03:28 PM UTC)

1 min read

Reviewed byMichael Roberts

0 comments

Kraken has introduced Bitcoin Vault, a new product within its Kraken Earn suite that allows customers to earn BTC-denominated rewards on their Bitcoin holdings without selling the asset. The offering targets long-term holders who want passive yield tied to Bitcoin’s price exposure rather than a fiat-denominated return.

The product carries a variable rate of up to 2.5% APY, paid in Bitcoin.…