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- Kraken adds AVAX staking with bonded rewards reaching up to 10% APY initially
- AVAX staking on Kraken removes validator setup and technical management barriers
- Kraken expands AVAX staking access across the US, EU, Canada, UK, and Australia
Crypto exchange Kraken has added AVAX staking to its platform for eligible users. The new service allows customers to earn rewards on Avalanche token holdings through Kraken’s managed staking infrastructure without operating validators directly themselves.
As per the report, Kraken introduced three earning options under the new AVAX staking program. Bonded Staking offers rewards of up to 10% APY for a limited period before rates fall to as much as 7% APY. The company also launched Auto Earn and Flexible Staking products with returns of up to 3.5% APY. Rewards from both programs are restaked automatically.
Kraken Expands Easy Access to AVAX Staking
The exchange stated that it will manage validator operations, infrastructure maintenance, and reward payouts internally. Users therefore do not need to configure nodes or maintain technical systems to participate. Kraken said the process was designed to simplify access for retail customers interested in proof-of-stake rewards.
John Zettler, Director of Earn Products at Kraken, said staking on Avalanche previously required technical expertise for many holders. He stated that the company now provides multiple earning methods while handling the infrastructure behind the service. According to Zettler, customers can decide how they want to participate while Kraken operates the validator systems.
The AVAX staking rollout also received support from Ava Labs. John Nahas, Chief Business Officer at Ava Labs, said simpler staking access could increase participation across the Avalanche network. He added that reducing technical barriers may encourage more token holders to support network security while earning rewards.
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Kraken confirmed that AVAX staking will be available in several jurisdictions. Supported regions include the United States, excluding New York and Maine, alongside the United Kingdom, the European Union, Canada, and Australia. Availability may still vary because of local legal and regulatory requirements in certain markets.
Crypto Exchanges Push Broader Staking Services
The company did not disclose minimum deposit requirements or lock-up periods tied to each staking product. However, Kraken explained that Flexible Staking will allocate only part of a user’s holdings into staking pools. Customers in that program can receive rewards on up to 50% of the selected assets.
The launch reflects broader activity across the digital asset industry. Many centralized exchanges have expanded staking products connected to proof-of-stake blockchains over the past year. Such services often target users seeking yield opportunities without managing on-chain infrastructure independently.
In a separate development, Kraken’s parent company, Payward, is preparing to expand operations in Dubai. The company recently secured preliminary approval from Dubai’s Virtual Assets Regulatory Authority. The approval allows the firm to pursue broker-dealer activities, fund management services, and crypto trading products within the United Arab Emirates market.
Kraken stated that UAE customers will gain access to spot trading, margin trading, OTC products, institutional services, and AVAX staking through the platform once operations begin fully in the region.
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