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Question on receiving first staked reward

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.

Tezos Asked by Clann on November 15, 2021

1 Answers

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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