Question on receiving first staked reward

Question

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.

utdrmac · 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.

Question on receiving first staked reward

One Answer

Add your own answers!

Ask a Question