At Knaken, we offer you the opportunity to “stake” your assets for a fixed period. This is a modern way to earn interest on your savings.
Why stake at Knaken?
You may already be familiar with staking cryptocurrencies. With so-called smart contracts, digital contracts on the blockchain, it is possible to lock up cryptocurrencies. By doing this, you earn rewards over time. However, it requires a lot of knowledge to do this safely on your own, and it also comes with market risk. For example, the price of cryptocurrencies can drop more significantly than the rewards, which could result in a loss of money overall.
Knaken Savings Pot
At Knaken, we offer a product called the Savings Pot that allows you to safely and simply stake euros, without worrying about cryptocurrency prices. You simply lock a certain amount in euros with us for a self-chosen period, for which you will receive a fixed percentage of interest. From now on, you can receive up to 7% interest.
Is the Knaken Savings Pot right for you?
Savings are possible with any desired amount. You can start right away if you have a verified account and a balance in euros on your account.
Please note that the amount you have staked cannot be withdrawn during the staking period. So make sure you choose the right period!
Knaken Cryptohandel B.V. is registered with De Nederlandsche Bank N.V. (DNB) as a provider of crypto services. DNB supervises Knaken Cryptohandel B.V.'s compliance with the Money Laundering and Terrorist Financing (Prevention) Act and the Sanctions Act 1977. Knaken Cryptohandel B.V. is not subject to prudential supervision by DNB or conduct supervision by the AFM. This means that there is no supervision of financial requirements or business risks and there is no specific financial consumer protection.
Investing in crypto-related products involves significant risks.