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via Decrypt · By Decrypt Editorial
Kraken Now Lets You Earn Yield on Bitcoin Holdings via Lending Vaults
BTC
BTC/USDT
$64,609.08
+0.79%
$64,609.08
+0.79%
(24s)24h Volume
$18,289,039,829.32
24h H/L
$65,176.60 / $63,267.34
Change: $1,909.26 (3.02%)
Long/Short
57.5%
Long: 57.5%Short: 42.5%
Funding Rate
+0.0053%
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…
COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.
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