Best Staking Rates For Crypto

Staking Rewards for DeFi and Exchanges

Best Crypto Exchanges For Staking 2024

NoPlatformAssetTypeAPY / Terms
1

TON Token

TON
Fixed
2.8 %

90 days

Formation Fi

FORM
Flexible
0.47 %

flexible

SKALE

SKL
Flexible
3.49 %

flexible

Cartesi

CTSI
Flexible
2.04 %

flexible

ICON

ICX
Fixed
1.7 %

30 days

2

Optimism

OP
Flexible
1 %

flexible

Ronin

RON
Flexible
13.17 %

flexible

Ethereum

ETH
Flexible
1 %

flexible

dYdX

DYDX
Flexible
1 %

flexible

Threshold

T
Flexible
35.16 %

flexible

3

Pendle

PENDLE
Flexible
0.8 %

flexible

Nirvana

VANA
Flexible
0.8 %

flexible

Hooked Protocol

HOOK
Flexible
1.4 %

flexible

Resolv

RESOLV
Flexible
0.8 %

flexible

cVault.finance

CORE
Flexible
0.8 %

flexible

4

Aura Network

AURA
Flexible
17.83 %

flexible

OmniFlix Network

FLIX
Flexible
47.05 %

flexible

Kava

KAVA
Flexible
8.45 %

flexible

BitCanna

BCNA
Flexible
69.81 %

flexible

Rocket Pool ETH

RETH
Flexible
2.56 %

flexible

5

POL (prev. MATIC)

POL
Flexible
3.16 %

flexible

Ethereum

ETH
Flexible
2.76 %

flexible

Cosmos

ATOM
Flexible
19.74 %

flexible

Cardano

ADA
Flexible
2.18 %

flexible

Solana

SOL
Flexible
6.21 %

flexible

6

Internet Computer

ICP
Flexible
0.5 %

flexible

Kadena

KDA
Flexible
0.65 %

flexible

Zcash

ZEC
Flexible
0.5 %

flexible

Trust Wallet Token

TWT
Flexible
0.48 %

flexible

Brett (SOL)

BRETT
Flexible
0.01 %

flexible

7

Safemars

SAFEMARS
Flexible
39.42 %

flexible

Mantle

MNT
Flexible
4.38 %

flexible

Tribe

TRIBE
Flexible
15 %

flexible

Open Loot

OL
Flexible
4.38 %

flexible

Apricot Finance

APT
Flexible
4.38 %

flexible

8

Turbo

TURBO
Fixed
100 %

7 days

Ethereum Classic

ETC
Flexible
3 %

flexible

Resolv

RESOLV
Flexible
5 %

flexible

Wormhole

W
Flexible
10 %

flexible

Neo

NEO
Flexible
5 %

flexible

9

TRON

TRX
Fixed
6 %

14 days

TRON

TRX
Flexible
4 %

flexible

The Graph

GRT
Flexible
6 %

flexible

Polkadot

DOT
Flexible
11 %

flexible

Kava

KAVA
Flexible
6 %

flexible

10

NEAR Protocol

NEAR
Flexible
9 %

flexible

Dai

DAI
Fixed
5 %

7 days

Massa

MAS
Flexible
1 %

flexible

SushiSwap

SUSHI
Fixed
1 %

7 days

Cronos

CRO
Flexible
0.8 %

flexible

Staking your Crypto on Exchanges: How does it work

Here is a concise overview of earning interest on your crypto holdings by staking on centralized exchanges (CEXs):

Staking crypto on CEXs like Binance, Coinbase, and Kraken allows you to earn passive income while maintaining the convenience and liquidity of keeping your assets on an exchange. These platforms offer staking services for many proof-of-stake coins, with yields typically ranging from 3-20% APY depending on the asset.

The highest staking rewards on CEXs are often for lesser-known altcoins, while stablecoins and major assets like ETH tend to offer 3-10% APY on average. Binance is known for competitive rates, with up to 10% APY on BUSD and USDT, and 5% on the first 0.01 BTC.

Staking on CEXs is generally simpler than self-custody staking, as the exchange manages the technical aspects. However, it requires trusting the exchange with your assets, exposing you to risks like hacks, bankruptcy, and frozen withdrawals as seen with Celsius.

While convenient, CEX staking provides lower rewards than DeFi and often involves lockup periods where assets can't be withdrawn. Carefully research an exchange's security, insurance, and reputation before staking significant sums.

Ultimately, CEX staking suits those prioritizing simplicity over maximum returns. Holding keys in your own wallet and staking directly or via DeFi protocols offers higher yields but with added complexity. Consider your risk tolerance and tech savvy when deciding where to stake.

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