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Question on receiving first staked reward

Tezos Asked by Clann on November 15, 2021

I am new at staking and I delegated several thousand XTZ with Kraken using the Ledger Nano X. It has been 43 days and nothing seems to have happened. Is there something else I need to do to start receiving rewards? Is 43 days a typical period of time to still see nothing back? How do I check to make sure I have done everything correctly? Thx.

One Answer

Kraken, and all other exchanges, do not accept external delegations. You must hold your tokens within your Kraken account in order to receive rewards.

https://baking-bad.org/blog/2020/07/14/_1k-tezos-users-delegated-to-binance-and-kraken-directly-and-will-not-get-staking-rewards/

Unfortunately for you, Kraken has been using your delegation and is not obligated to pay you any rewards since you delegated externally.

You should find a new baker.

Answered by utdrmac on November 15, 2021

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