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via Decrypt · By Decrypt Editorial
Kraken Now Lets You Earn Yield on Bitcoin Holdings via Lending Vaults
BTC
BTC/USDT
$84,566.40
+1.37%
$84,566.40
+1.37%
(24s)24h Volume
$20,050,329,077.94
24h H/L
$84,942.45 / $82,874.93
Change: $2,067.52 (2.49%)
Long/Short
57.3%
Long: 57.3%Short: 42.7%
Funding Rate
+0.0022%
Longs pay
Data provided by COINOTAG DATALive data
DE
Decrypt Editorial(03:42 PM UTC)
1 min read
In brief
- Kraken users can now earn yield from their Bitcoin holdings via the exchange's new Bitcoin Vaults.
- Putting BTC in the vaults earns up to 2.5% APY in Bitcoin rewards.
- Withdrawals are subject to a five-day processing and return wait.
Bitcoin holders can now generate yield on the BTC they hold on centralized exchange Kraken, the firm announced on Wednesday.
Exchange users can lock…
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