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Kraken Exchange offers up to 6 percent APY on Fixed Rate Rewards

Kraken Exchange offers up to 6 percent APY on Fixed Rate Rewards
Kraken unveils Fixed Rate Rewards

Kraken Exchange has introduced Fixed Rate Rewards, allowing users to earn up to 6 percent annual percentage yield (APY) on their crypto holdings. Users can select term lengths between three and eighteen months, locking in their specified rate for the duration of the term.

The new product enables Kraken Exchange customers to secure a predictable yield on selected digital assets, further expanding the platform's range of passive earning opportunities. The rollout reflects growing competition among crypto exchanges to offer competitive rates and fixed-term products.

Kraken Exchange recently received full regulatory approval to operate in Dubai, enabling dirham funding, AED pairs, and staking according to a previous report. The platform has also allowed users to participate in tokenized equities for the Oura ring IPO on the same terms as institutions in an earlier offering. These moves highlight Kraken’s efforts to broaden its suite of crypto and investment products.

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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