Kraken Adds Bonded and Flex Staking for Celestia (TIA)

Exciting news for crypto enthusiasts! The long-awaited support for bonded on-chain staking strategies for TIA has finally arrived to Kraken, bringing lucrative opportunities for investors.

See also: Best TIA staking exchanges.

How to Get Started

To begin staking your Celestia (TIA) tokens, simply add your crypto assets to your Kraken account by navigating to Funding, selecting the asset, and hitting Deposit. From there, clients can access the Earn section of their Kraken Pro account or use the Kraken Pro mobile app to start staking and earn rewards of up to 18% annually.

Understanding Bonded and Flex Staking

With bonded staking, users lock up their Celestia (TIA) tokens for a period of 21 days, earning yearly rewards ranging from 12% to 15%. On the other hand, flex staking offers more flexibility, allowing users to stake without an unbonding period and earn rewards ranging from 4% to 7%.

You can visit our Exchanges with Staking page for more information about staking.

Important Notes

Before diving into staking, it’s essential to review the eligibility criteria, including any geographic restrictions. If on-chain staking is not available on your account, you may not meet the eligibility requirements. Kraken staking is not available to customers from United States.

About Celestia (TIA)

Celestia (TIA) is a modular blockchain network designed to address the scalability challenges faced by many blockchains. By separating transaction ordering from network consensus, Celestia enhances data availability, making it a valuable solution for scaling. TIA serves as the native token for data transactions, network security through proof-of-stake, and facilitates decentralized governance within the ecosystem.

Get Started with TIA Staking

Don’t miss out on the opportunity to participate in bonded and flex staking for Celestia (TIA) on Kraken Pro. Start staking today and reap the rewards of this innovative blockchain network!

Published on April 16th, 2024 by Nick.

Nick
Nick
Experienced crypto trader, self-taught website developer, and Cexfinder's founder and chief editor. More articles by Nick