How to stake and earn Kava (KAVA) in Australia

Earn up to 25.85% APY on your KAVA. Compare rates on Kava or learn how to stake KAVA using a wallet.

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KAVA is the native coin of the Kava blockchain and can be earned in several ways, through lending, staking and yield farming.

Lending your KAVA

The easiest way to earn yield on your KAVA in Australia is through an exchange or digital asset lending platform such as Swyftx, CEX.IO Cryptocurrency Exchange and Kraken Cryptocurrency Exchange .

The highest return currently available on KAVA from the products we compared is 25.85% through Swyftx with a flexible deposit length, meaning you can withdraw your funds any time.

Use the table to compare rates on KAVA and use our calculator to forecast how much you could earn.

Staking your KAVA

Kava is also a proof-of-stake (PoS) blockchain which means that KAVA can be staked in return for rewards. This method requires using the Kava blockchain through a wallet and is a bit more advanced, which is why we have provided a visual step-by-step explainer to help guide you through the process.

Disclaimer: This information should not be interpreted as an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

Compare rates for lending KAVA

1 KAVA = $3.26664
Daily earnings

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0 KAVA

Weekly earnings

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Monthly earnings

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Yearly earnings

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Cryptocurrency prices provided by CoinGecko. Results are an estimate based on Finder internal data, provided on a best effort basis. Rate data may be delayed up to seven days. Please check the provider website for the most current rates and information, and to verify any data provided by this calculator before applying for any product.
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Binance Cryptocurrency Exchange 2.49% 2.49% Flexible Fixed Earn now
Binance Cryptocurrency Exchange 8.97% 8.97% 1-month Fixed Earn now
Binance Cryptocurrency Exchange 11.22% 11.22% 2-month Fixed Earn now
CEX.IO Cryptocurrency Exchange 23% 23% Varies Fixed Read review
Kraken Cryptocurrency Exchange 23% 23% Varies Fixed Earn now
Swyftx 25.85% 20.68% Flexible Variable Earn now

How to use the table and calculator

  1. Compare rates. The table and calculator display the annual yield (APY). Rates vary depending on a number of factors like the provider, term length and whether or not the rates are variable or fixed. Keep in mind that cryptocurrency yields fluctuate each day. As such, we have provided an average rate based on data from previous months.
  2. Choose a variable or fixed rate. To protect against fluctuations, some providers offer a fixed rate. These rates stay consistent over time and do not fluctuate with the market. Compare lock-up periods. Some accounts require you to keep your funds locked up for a set period, while others will let you withdraw at any time.
  3. Calculate your returns. Use the calculator to project how much you could earn with each provider.
  4. Start earning. Once you've made your choice, click on the green "Earn now" button to go to the provider's website and create an account or log in.

How to earn Kava: Step-by-step guide to lending

The instructions below are for earning yield on Kava using a cryptocurrency exchange for lending:

  1. Use the table to compare rates from various providers.
  2. Choose a provider to deposit your cryptocurrency with, then safely navigate to their website using the "Earn now" button in the table.
  3. Sign-up for an account using an email address and make sure to have some form of photo ID ready to complete the verification process.
  4. Look for the "wallet" or "deposit" tab on the provider's website, then transfer your funds from your existing exchange or wallet to the deposit address shown and make sure to double-check the address is correct before sending. If you do not own any KAVA yet, then you can purchase it on the same exchange you plan to earn it on or view our list of local exchanges that sell it.
  5. Once deposited, move your funds into the yield-earning account. If you are using a specialised digital asset lending platform like Celsius, Nexo or BlockFi you can usually skip this step, as your assets will typically start earning yield right away. Remember to check back regularly to monitor your portfolio, collect rewards and ensure everything is working as intended.
  6. Most services will let you access your rewards without needing to withdraw your initial deposit. Keep in mind that some services require your deposit to remain locked for a certain period of time, while others are flexible and allow you to withdraw anytime (although be on the lookout for early withdrawal fees).
  7. Remember that while earning yield on cryptocurrencies can be easy and attractive, your deposits are not insured the same way cash deposits are with a bank. Deposits are used in a variety of ways, all of which carry varying levels of risk. Some services offer insurance policies, while some might not offer any insurance at all. Make sure to research the provider thoroughly before making a decision.

How to stake Kava

The process of staking on KAVA involves delegating tokens to a chosen validator in the network. You then earn rewards from the chosen validator. Rewards are generated from the validation of transactions and the creation of new blocks.

KAVA tokens can be staked using a variety of Web 3.0 crypto wallets. For this example, we will be using Trust Wallet, which is a mobile application. More information on Trust Wallet can be found in our guide. Alternative options include Frontier and Keplr.

Each of these options provides users with a platform from which they can delegate KAVA coins. Before starting the process, make sure you have transferred KAVA tokens across to your wallet platform.

The unstaking of KAVA can be completed at any time but will take 21 days to complete.

Step 1. Open your Trust Wallet mobile application and select the KAVA coin.

KAVA step 1

Step 2. Click the "More" symbol (highlighted by the 3 dots), which will bring up a list of options. Click "Stake" from the list of options at the bottom of the screen.

KAVA step 2

Step 3. On the next screen, enter the number of KAVA coins you would like to stake. You can select all your coins by clicking the "MAX" button, but you will need at least 0.001 KAVA remaining to pay for gas fees. Click "Next" once you are happy with the figure.

KAVA step 3

Step 4. Next, you must choose a validator that you would like to delegate your coins to. Remember to check the details for each validator, including how much commission they take and how much APR you can expect to receive. Once you have chosen, click "Next".

KAVA step 4

Step 5. Finally, review all of the transaction details. After you have reviewed the details, click "Send" to confirm the transaction. To verify that the transaction has been completed, using the Trust Wallet app, click on "KAVA" and then click on the "More" symbol. Select "Staking details" to view the amount of KAVA you have staked.

How much can I earn from staking KAVA?

The rewards for staking KAVA vary based on several factors.

Firstly, the amount of the rewards will change depending on how long you leave your KAVA tokens staked for. The longer your KAVA tokens are staked, the more time you have to accumulate rewards.

Secondly, the amount of the rewards received will also depend on your chosen validator. Validators take a percentage cut of all rewards, so the rewards distributed to delegators can vary considerably.

Finally, the amount of the rewards will also increase proportionally with the number of KAVA tokens you have staked.

Safe storage

You can improve the security of your staked KAVA by using a hardware wallet to store your private keys offline – check out our guide to learn how.

Risks of lending and staking Kava

Risks involved with lending Kava include:
  • Lack of regulation. Just because you're earning yield on your KAVA like you would with a bank account, that doesn't mean you have the same protections. Cryptocurrency exchanges and lenders are largely unregulated and consumer protection laws in your country are unlikely to apply. As such, if something happens to your deposits you are unlikely to have many options for legal recourse. Fortunately, some lenders such as Nexo offer insurance on deposits to help bridge this gap.
  • Lack of insurance. While earning yield on cryptocurrencies can be easy and attractive, your deposits are not insured the same way cash deposits are with a bank. Deposits are used in a variety of ways, all of which carry varying levels of risk. Some services offer insurance policies, while some might not offer any insurance at all. Make sure to research the provider thoroughly before making a decision.
  • DeFi and smart contract risk. This guide only compares CeFi platforms, but if you choose to use a DeFi platform for lending KAVA, then you are taking on the additional risk associated with that platform. DeFi lending uses software called smart contracts which automates the process and pairs lenders with borrowers. These smart contracts can be exploited and user funds stolen. Look for a protocol with a long history of security, such as Compound or Aave.
  • Scams. Be wary of platforms that offer rates several times higher than the competition. While legitimate services may do this as a promotion or way to attract users, some may be scams waiting to steal user funds.
Risks involved with staking Kava include:
  • Slashing. When you stake cryptocurrency through an exchange or wallet, you are usually doing it as a delegator. This means you are giving permission for someone else to act (vote on blocks) on behalf of your assets. If the node operator makes a mistake or intentionally does the wrong thing, then they may suffer a slashing penalty. A slashing penalty may result in the loss of funds which may be shared amongst all of the delegators, yourself included.
  • Lock-up period. Some platforms will require you to lock-up your funds for a set period of time before you can access them again. This could be several weeks, months or years. Doing so will prevent you from selling until the lock-up period is over. Some cryptocurrencies or staking services will let you unstake early for a fee.
  • Using an exchange. A feature of staking is voting. By staking your coins or tokens, you usually get a say on what happens on the network. If you use an exchange for staking, then you are assigning your voting rights to the exchange operators who may not act in your best interests.
  • Unbonding period. Unbonding a KAVA stake requires users to wait 21 days before coins are released. During this time, your KAVA coins will not be available for trading. If there are significant changes in market conditions, your KAVA coins will not be readily accessible.
Disclaimer: Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the cryptocurrencies discussed.

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