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via Decrypt · By Decrypt Editorial

Kraken Now Lets You Earn Yield on Bitcoin Holdings via Lending Vaults

BTC

BTC/USDT

$63,030.76

-1.75%

$63,030.76

-1.75%

(24s)

24h Volume

$16,597,447,916.89

24h H/L

$65,622.83 / $62,970.20

Change: $2,652.63 (4.21%)

Long/Short

65.5%

Long: 65.5%Short: 34.4%

Funding Rate

+0.0013%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$63,200.01

▼ -1.28%

Volume (24h): -

Resistance Levels

Resistance 3$68,191.60

Resistance 2$65,682.66

Resistance 1$63,950.81

Price$63,200.01

Support 1$62,846.20

Support 2$61,092.05

Support 3$59,130.91

Pivot (PP):$63,528.96

Trend:Downtrend

RSI (14):38.6

Decrypt Editorial

(03:42 PM UTC)

1 min read

Verified byJames Mitchell

980 views

0 comments

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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Source

Decrypt Editorial · Decrypt

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