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via Decrypt · By Decrypt Editorial
Kraken Now Lets You Earn Yield on Bitcoin Holdings via Lending Vaults
BTC
BTC/USDT
$74,536.74
+7.44%
$74,536.74
+7.44%
(24s)24h Volume
$35,361,365,063.04
24h H/L
$74,866.66 / $68,902.22
Change: $5,964.44 (8.66%)
Long/Short
50.7%
Long: 50.7%Short: 49.3%
Funding Rate
+0.0024%
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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