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Auto Earn launch boosts $apxUSD yields up to 6 percent, Kraken Exchange introduces new incentive

Auto Earn launch boosts $apxUSD yields up to 6 percent, Kraken Exchange introduces new incentive
Kraken launches Auto Earn yields

Kraken Exchange has introduced a new earning feature for its users, offering 3 percent APY on $apxUSD through its Auto Earn program. The yield increases to 6 percent for customers subscribed to Kraken Plus.

This move is designed to attract more clients to the platform by providing enhanced earning opportunities on stablecoins. The incentive aims to differentiate Kraken Exchange from competitors by rewarding users who upgrade their membership tier.

Earlier this year, Kraken Exchange reported over $100 million deposited into its Bitcoin Vault as users sought a 2.5 percent APY paid in Bitcoin, according to company disclosures. The exchange has also revealed plans to list tokenized equity from an upcoming major IPO, further expanding its digital asset offerings to clients. These steps highlight the firm's ongoing efforts to broaden its product suite for retail and institutional users.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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