Yulia Slavina

Kraken Exchange offers up to 6 percent APY on AUSD for three months with Kraken Plus

Kraken Exchange offers up to 6 percent APY on AUSD for three months with Kraken Plus
Kraken offers 6 percent AUSD APY

Kraken Exchange introduced new earning rates for AUSD holders, offering up to 6 percent APY for three months to users of Kraken Plus. After the initial period, the rate moves to up to 3 percent.

Users who are not on Kraken Plus can receive up to 3 percent APY for the first three months and up to 1.5 percent after that. The new Auto Earn feature allows customers to activate earnings as soon as AUSD is deposited, with availability limited to select regions.

Kraken Exchange recently allowed users to participate in Oura ring IPO tokenized equities on the same terms as institutions through its platform here. The exchange also enabled retail investors to request Oura IPO shares at the launch price via its xStocks platform here. These initiatives come as Kraken expands its range of products and features for retail customers.

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