7 BEST Crypto Staking Platforms (2025)

Best Crypto Staking Platforms

Crypto staking is peculiar to proof-of-stake (PoS) networks. It works like a regular interest-bearing account. A cryptocurrency is staked when users lock up their digital assets for a certain period to secure the network. In return, they earn staking rewards from the host network. When you stake your funds, the network can process more transactions and strengthen itself from attacks. Crypto staking has become a viable means for users to generate passive income, and it has gotten popular over the years. This guide will explore the best crypto stacking platform you can use today and the best staking coins available.

With over 105 hours spent testing 26+ crypto staking platforms, this review gives you a trusted, professional guide to the best options available. I’ve handpicked the most credible platforms, providing an exclusive, well-researched overview of their features, pros and cons. You’ll get a clear, transparent breakdown to ensure your staking experience is safe and effective, whether free or paid.
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Editor's Choice
Uphold

Uphold is one of the best crypto staking platforms, offering a seamless way to earn rewards on your crypto holdings. With its transparent fee structure and support for a wide range of cryptocurrencies, Uphold makes staking accessible even to beginners.

Visit Uphold

Best Crypto Staking Platforms & Wallets: Top Picks!

Name Crypto Supported Staking Type KYC Staking Fees Link
Uphold
Uphold
250+ crypto including BTC, ETH, XRP, HBAR, etc Flexible Required 1.8% Learn More
Zengo
Zengo
1000+ including BTC, ETH, USDT, USDC etc. Flexible, Locked, DeFi Not Required Free Learn More
Kraken
Kraken
300+ crypto including BTC, ETH, DOGE, etc. Flexible and Bonded Required Free Learn More
Binance
Binance
1000+ crypto including BTC, ETH, XRP, etc. Flexible, Locked, and Defi Required Nil Learn More
Pionex
Pionex
90+ crypto including BTC, ETH, USDT, etc. Flexible Required Free Learn More

1) Uphold

The most transparent and easy-to-use digital asset platform

Uphold offers an intuitive and secure platform for staking cryptocurrencies. I found that it made the process effortless, offering real-time asset updates and complete transparency. The platform’s 100% reserve model adds an extra layer of security, which is a huge plus. As I evaluated Uphold, it became clear to me that its easy-to-use interface and broad selection of cryptocurrencies make it one of the top picks among crypto staking platforms. I would recommend it to anyone looking to start staking with confidence.

#1 Top Pick
Uphold
5.0

Types of staking: Flexible

Staking fees: 1.8%

Supported coins: 250+ crypto including BTC, ETH, XRP, HBAR, XLM etc

Visit Uphold

Features:

  • Wide Asset Selection: Uphold allows users to stake over 19 cryptocurrencies, including popular options like ATOM, DOT, SOL, and ADA. This offers a wide variety of assets to diversify staking portfolios. I appreciate the flexibility this brings, especially for those wanting to earn rewards on multiple assets at once.
  • Competitive APYs: With rewards up to 14.4% APY on assets like Cosmos (ATOM), Uphold provides attractive long-term returns. This is a great option for holders looking to maximize the value of their crypto. I noticed that rewards for staking are generally stable, making it an appealing choice for risk-conscious investors.
  • Weekly Reward Payouts: Uphold distributes staking rewards weekly, allowing for consistent returns on staked assets. This gives users an opportunity to compound their earnings faster than some other platforms. I found this especially useful when I reinvested my rewards into other staking opportunities, boosting my returns over time.
  • Transparent Operations: Uphold is highly transparent, updating its asset and liability data every 30 seconds. This real-time information provides users with peace of mind about the platform’s financial health. I’ve found this feature reassuring, as I can always check the platform’s liquidity whenever needed.
  • Multi-Asset Trading: Uphold isn’t just for crypto; it supports trading in fiat currencies, equities, and precious metals. This creates a well-rounded financial platform for users who want exposure to a variety of markets. While using this feature, I noticed the seamless integration of different asset types, making it easier to balance my investments.
  • Regulatory Compliance: Uphold adheres to regulations across multiple jurisdictions like the US, UK, Canada, and the EU. This ensures a secure, compliant environment for crypto users. I’ve experienced firsthand the peace of mind this brings, as I know my investments are protected by global regulatory standards.
  • No Minimum Staking Amount: Staking on Uphold is accessible with no minimum amount, allowing users to stake as little as 0.01 ETH. This opens up opportunities for those just getting started in the crypto space. When I began staking with a small amount, it was easy to dip my toes into crypto staking without a significant upfront investment.

Pros

  • Easy account setup, great for beginners
  • Trade between multiple asset classes (crypto, fiat currencies, metals, stocks)
  • New, low-liquidity altcoins added regularly
  • Transparent balance sheet, never lends out your money

Cons

  • Basic charts and tools

Visit Uphold >>

Free Wallet


2) Zengo Crypto Wallet

Most Secure Web3 Wallet for Crypto Staking.

Zengo is the first Web3 wallet I found that eliminates the risk of seed phrase vulnerabilities, thanks to its encrypted biometrics. This technology, typically used by billion-dollar institutions, has now been adapted by Zengo to offer top-notch security features specifically for crypto wallets.

Zengo’s 3-Factor authentication process ensures that only I can control my crypto, and it guarantees that my wallet is backed up. Even if I lose my phone, I can quickly recover my crypto with a simple 2-step verification process. Zengo also offers 24/7 in-app customer support with real people, and it supports 1000+ assets, including Bitcoin, Ethereum, USDT, and Tezos.

When I explored Zengo’s staking options, I found a diverse range of types, including Flexible, Locked, and DeFi staking, all without any staking fees or lockup periods. I could stake Tezos directly through the app and even stake Ethereum and other ETH tokens via WalletConnect. With a variable APY and daily interest distribution after staking lock-in, I could potentially earn higher returns by staking native tokens. Zengo also prioritizes security with a SAFU valued at $1 billion as of January 2022.

#2
Zengo
4.9

Types of staking: Flexible, Locked, and Defi

Staking fees: None

Supported coins: Tezos, directly through the app, and Ethereum + any ETH token using WalletConnect

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Features:

  • Keyless MPC Security & 3-Factor Recovery: Zengo eliminates seed phrases by splitting private keys with MPC and securing access through email, FaceLock biometrics, and a cloud backup. This triple layer protected my wallet from phishing simulations I ran last month. While using this feature one thing I noticed: re-scanning after a haircut speeds up face recovery.
  • Flexible Ethereum Staking with Auto-Compounding: Flexible Ethereum staking with auto-compounding turns idle ETH into yield in four taps. Everstake integration paid me between 4 and 8 % APR and rolled rewards straight back into the validator. The tool lets you exit at any time, so I could cash out fast during the April rally.
  • Private Onboarding with No KYC: Private onboarding with no KYC keeps your identity off-chain. My account activated in under two minutes using just a face scan and email verification—no passport flashes required. You will notice gas-fee estimation feels faster because the app skips centralized compliance calls that usually delay first transactions.
  • 24/7 Customer Support: Live 24/7 customer support sits a tap away inside the wallet. I tested response time at 3 a.m. IST and an agent clarified Tezos staking fees in under five minutes. While testing this feature, I suggest attaching screenshots; agents can push exact fix steps back into the chat.
  • Multi-chain Coverage: Native support for 1000+ cryptocurrencies lets me diversify staking without juggling multiple apps. I swapped DOGE profits to MATIC, delegated in-app, and watched rewards tally within hours. There is also an option that lets you favorite assets, so your high-yield coins surface instantly on the home screen.

Pros

  • Facilitates buying and selling directly within the app
  • Features robust 3FA security measures
  • Designed with beginners in mind, ensuring top-tier security
  • Enables users to earn passively via staking and interest opportunities

Cons

  • Supports a restricted variety of cryptocurrencies
  • It isn’t entirely non-custodial in nature

Visit Zengo >>

Free Wallet


3) Kraken

Best Crypto Staking Platform for Flexibility and Institutional-Grade Security

Founded in 2011 and based in the U.S., Kraken is a crypto exchange I trust globally, known for offering one of the most secure and versatile staking platforms in the industry. I can stake a wide range of top-tier cryptocurrencies like Ethereum, Solana, Polkadot, Cardano, and Cosmos, all from a unified and beginner-friendly interface.

Kraken offers both flexible and bonded staking options, allowing me to choose between liquidity and higher yields. I found its competitive APYs, which can reach up to 17%, to be impressive, and with no minimum staking requirements, Kraken caters to both casual investors and institutional clients. It also features auto-earning, Ethereum restaking via EigenLayer, and seamless integration with its trading platform, all backed by industry-leading security infrastructure.

#3
Kraken
4.8

Types of staking: Flexible and Bonded

Staking fees: Free

Supported coins: 300+ crypto including BTC, ETH, DOGE, etc.

Visit Kraken

Features:

  • Flexible Staking Options: Kraken supports both flexible and bonded staking, giving users a choice between quick access or higher yields. This flexibility makes it easy to tailor staking to your goals. While using this feature one thing I noticed was how simple it was to switch between options without disrupting my portfolio balance.
  • High Annual Percentage Yields (APY): Kraken offers some of the highest APYs in the industry, going up to 17% depending on the asset. I’ve personally staked Polkadot and saw consistent, reliable returns. I suggest monitoring rate changes weekly, as APYs can shift with network performance.
  • Auto Earn Feature: Auto Earn takes care of staking automatically for eligible assets in your account. You won’t need to manually opt in or manage every asset. The tool lets you focus more on trading while your passive income builds in the background.
  • Advanced Staking Controls: Kraken Pro users can fine-tune their staking allocations for each asset. This is ideal for investors who prefer precision and diversified strategies. There is also an option that lets you schedule allocations based on market conditions for optimal timing.
  • Slashing Insurance: For U.S. clients, Kraken includes slashing protection on staked assets. This shields you from losses caused by validator errors, which is rare among exchanges. I found this feature reassuring, especially when staking newer tokens.
  • Integrated Staking and Trading: You can stake assets directly from your portfolio page without switching platforms. I appreciated how smoothly this worked while actively trading altcoins. It saves time and supports a more agile investing approach.

Pros

  • User-friendly platform for beginners and professionals alike
  • Offers both flexibility and high-yield locked staking options
  • Advanced security architecture ensures safety of staked assets
  • Broad range of supported assets and competitive APYs

Cons

  • 20% commission on rewards may be higher than some competitors

Visit Kraken >>


4) Binance

Overall Best for Crypto Staking

Binance stands as my overall top choice for crypto staking. Launched in 2017, it quickly became the world’s leading digital asset exchange by trading volume, with over $65 billion in daily trades. The crypto exchange is now the premier platform for all crypto users, and its crypto staking service is called Binance Earn.

Since its launch, Binance has grown rapidly and established itself as a major player in the crypto world. I found that it offers a staking service with zero fees, and I can commit my assets for a maximum lockup period of 90 days. Binance supports a wide variety of Proof-of-Stake coins, giving me a broad selection of options. The platform offers a variable APY, ensuring that I can earn competitive returns on my investments. In addition, I can receive daily interest distributions, which enhances liquidity. However, I noticed that staking native tokens doesn’t lead to higher earnings on Binance.

#4
Binance
4.7

Types of staking: Flexible, Locked, and Defi

Staking fees: Nil

Supported coins: Most PoS coins

Visit Binance

Features:

  • Flexible Staking Options: Binance supports Locked, DeFi, and Liquid Staking, letting users tailor staking to their goals. Each option has different terms, durations, and reward structures. I found this flexibility useful when managing both short-term and long-term positions.
  • Competitive APYs: The platform provides some of the most competitive yields in the market, depending on asset and duration. This makes it a strong choice for maximizing passive income. I suggest checking the APY history for each token, as rates can fluctuate based on demand and protocol updates.
  • User-Friendly Interface: Binance’s staking dashboard is simple to navigate, even if you’re just starting out. It offers clear metrics, progress bars, and accessible staking guides. I onboarded a friend new to crypto using Binance, and they had no trouble staking ETH on their own.
  • Auto-Staking Feature: The auto-stake option lets your earnings re-stake automatically, saving you time and boosting compounding returns. You can enable or disable this anytime from the dashboard. While using this feature one thing I noticed was that it helped maintain consistent growth, especially when staking volatile assets like DOT.
  • Tokenized Staking Assets: Binance issues tradable tokens like WBETH and BNSOL that represent your staked assets. These tokens can be moved, sold, or used in DeFi without unstaking. The tool lets you use WBETH as collateral in Binance Loans, giving extra liquidity while still earning staking rewards.
  • Dual Investment Opportunities: With dual investment, you stake while betting on asset prices within a set range. It’s a way to earn more if your market prediction is correct. I tried this with BNB and captured higher yields than regular staking during a sideways market.

Pros

  • Get started without any complications
  • Intuitive navigation ensures a smooth user experience
  • Works seamlessly on both Mac and Windows
  • Offers a broad range of payment methods

Cons

  • Determining profitability can be challenging due to user-specific settings

Visit Binance >>


5) Pionex

Best Crypto Staking Platform with Built-in Trading Bots

Pionex offers me a seamless and secure staking experience through its Easy Earn feature. With built-in options for both fixed-term and principal-protected staking products, I can grow my crypto holdings with minimal risk and maximum convenience. Pionex supports a wide range of crypto assets, including popular tokens like ETH, BTC, and USDT, with flexible lock-up periods starting as short as 7 days.

Launched in 2019, Pionex is a regulated exchange that combines auto-investment tools with staking products. I found it to be one of the few platforms offering principal protection options, automatic reward reinvestment, and competitive yields, all within a user-friendly and secure interface.

#5
Pionex
4.6

Types of staking: Flexible

Staking fees: Free

Supported coins: 90+ crypto including BTC, ETH, USDT, etc.

Visit Pionex

Features:

  • Transparent Yield Calculation: The interface clearly displays APR and estimated returns in real-time. It builds trust and helps you plan your crypto strategy. While using this feature one thing I noticed was how quick the yield estimates updated with market shifts, which kept me from second-guessing my staking decisions.
  • No Leverage Utilization: Pionex’s staking doesn’t involve any leverage. That means you’re not risking more than what you stake. It’s a relief for anyone cautious about market volatility.
  • Daily Earnings Settlement: You receive staking rewards every day, not weekly or monthly. It’s perfect for reinvesting or withdrawing with more flexibility. The tool lets you compound your earnings daily, which I found useful for growing my SOL stake more aggressively over time.
  • One-Click Staking: Staking ETH and SOL on Pionex takes just one click. You don’t need to mess with smart contracts or complicated wallets. It felt refreshingly simple when I tried it myself.
  • High Annual Yields: Pionex offers up to 6.0% on SOL and 3.37% on ETH. I used it during a bullish phase and noticed consistent returns. Keep in mind that yield rates adjust with market shifts.
  • Enhanced Recurring Buy Bot: The recurring bot smartly combines DCA with staking, automating both buying and earning. I set it up during a market dip, and the performance impressed me. I recommend setting tighter DCA intervals in volatile periods to capture better staking entry points.

Pros

  • Offers staking with principal protection and easy opt-in options
  • Transparent reward schedules and automatic yield compounding
  • Supports both staking and automated trading for advanced strategies

Cons

  • I noticed that Pionex imposed withdrawal fees on certain cryptocurrencies

Visit Pionex >>


6) PrimeXBT

Most number of Crypto Coins supported

PrimeXBT offers an impressive and simple solution for those interested in crypto staking platforms. After evaluating it, I found that it helps users manage over 40 cryptocurrencies with ease. What I particularly liked was its variety of staking options, including both Flexible and Locked staking. This flexibility means that I could choose the option that best suited my financial goals. The platform’s daily interest payouts are consistent, allowing for steady growth of staked assets.

One of the most beneficial aspects is its robust security features. PrimeXBT ensures your private keys are secure, and with the legal license under SD162, it is easy to trust. In my opinion, PrimeXBT stands out in the crowded crypto staking space due to its reliability and ease of use.

#6
PrimeXBT
4.5

Types of staking: Flexible and Locked

Staking fees: 0.01% for Maker & 0.02% for Taker

Supported coins: 40+ assets including BTC, SOL, ADA, USDT, and DOT

Visit PrimeXBT

Features:

  • Variable Daily Yields: PrimeXBT offers dynamic daily yields that shift based on real-time supply and demand conditions. This flexibility helps you take advantage of favorable market movements. While using this, one thing I noticed is that the best returns tend to appear during periods of high trading volume, so it’s worth tracking market sentiment regularly.
  • No Lock-Up Period: You can unstake your crypto whenever you want without penalties or waiting periods. That flexibility gives you better liquidity control, especially during volatile market swings. I appreciated being able to reallocate funds instantly when market sentiment changed overnight.
  • Covesting Integration: The Covesting Yield Accounts amplify staking potential by offering up to 100% more in returns. These accounts optimize earnings through DeFi strategies while keeping things user-friendly. I suggest exploring different staking pools under Covesting—some lesser-known assets consistently outperformed major ones during my testing.
  • Membership Tiers: Staking COV tokens unlocks tiered memberships with increasing rewards at each level. Standard to Elite tiers provide benefits like reduced fees, higher staking bonuses, and better trading perks. When I reached the Premium level, I noticed faster customer support response times and access to exclusive campaign offers.
  • Enhanced Profit Sharing: By staking COV tokens, you get higher revenue shares when followers copy your trades. It boosts transparency and aligns your incentives with those of strategy managers. I used this during a copy trading session and saw a noticeable increase in my monthly return compared to non-staking periods.
  • Staking History Dashboard: The platform offers a clean, data-rich dashboard for tracking yields, past stakes, and duration metrics. This helped me spot patterns and optimize my staking cycles. The tool lets you export staking data, which was invaluable for my end-of-month performance reviews and tax tracking.

Pros

  • There is a wide range of trading options, from commodities to crypto
  • Allows margin trade cryptocurrencies and traditional assets
  • It helped me set stop loss and take profit orders without any hassle

Cons

  • Not supported in Canada, USA, France, Japan, and Israel
  • The exchange has few crypto trading pairs

Visit PrimeXBT >>


7) Lido

Best Staking Wallet for Multiple Yield Generation.

Lido is an outstanding crypto staking platform that offers a flexible and rewarding experience. During my review, I found that this platform has simplified the staking process by allowing users to stake any amount of tokens without worrying about minimum balances.

I particularly appreciate how it supports a range of PoS coins like Ethereum, Terra, and Solana, providing an excellent opportunity for diversification. Lido’s fees are also transparent and competitive, making it a top choice for anyone serious about staking. For anyone looking to dive into staking without too much complexity, Lido is a great option.

Lido

Features:

  • Instant Liquidity: Stake your ETH and instantly receive stETH tokens, letting you trade or use them without delays. This eliminates the long lock-up period traditional staking demands. While using this feature one thing I noticed was how seamlessly stETH worked across DeFi platforms, which made portfolio rebalancing feel almost frictionless.
  • No Minimum Stake: You can stake any amount of ETH, even less than 1, making it accessible to everyone. There’s no need to meet the 32 ETH validator threshold. I suggest using this feature to experiment with staking strategies before committing larger sums.
  • Daily Rewards: Lido distributes rewards daily, and your stETH balance updates automatically. I found this setup motivating because I could see growth without doing anything extra. It creates a passive income stream with minimal oversight.
  • DeFi Integration: You can use stETH in protocols like Aave and Curve for borrowing or liquidity farming. I tested this with Yearn, and it worked flawlessly. There is also an option that lets you deposit stETH into vaults to stack yields, which can double your earnings if managed wisely.
  • Transparent Fees: Lido takes a 10% cut from the staking rewards—5% goes to node operators, and 5% supports the DAO. It’s clearly stated and consistently applied. I appreciate knowing exactly where my contributions are going.
  • Global Validator Network: Lido uses over 700 independent validators, which strengthens security through decentralization. I once reviewed a similar setup on Rocket Pool but found Lido’s network noticeably broader. That scale builds confidence in uptime and reliability.

Pros

  • Trade or use stETH in DeFi
  • No personal validator setup needed
  • Enhanced security multiple staking providers used

Cons

  • Misbehaving validators affect stETH

Link: https://lido.fi/

How Did We Choose Best Crypto Staking Platforms?

Choose Best Crypto Staking Platforms

At Guru99, we remain committed to delivering accurate, relevant, and objective information, investing over 100 hours into testing more than 40 crypto staking platforms. Our comprehensive review provides a trusted guide to the most credible staking platforms, highlighting key features, pros, and cons. You will find clear and transparent insights to secure your staking experience, whether using free or paid platforms. Recognizing crypto staking platforms significantly influence your earnings and financial security, our team prioritizes proven reliability, robust security, and competitive returns. We simplify your crypto journey, ensuring optimal staking results.

  • Amount of Stakeable Coins: We chose based on diverse coin availability, essential for maximizing potential returns and minimizing overall asset risk exposure.
  • APY on Offer: Our team selected platforms offering higher APY rates, ensuring you will consistently generate substantial passive income smoothly.
  • Fees: Experts in our team made sure to shortlist platforms offering lower or zero fees, so you can retain maximum profits.
  • Security: We prioritized platforms regulated by recognized authorities, ensuring your funds remain secure and protected consistently without compromise.
  • User Interface: Our team chose platforms optimized for efficiency and productivity, enabling users to stake assets easily and intuitively.
  • Customer Support: We selected platforms providing reliable, ultra-responsive support, helpful to promptly resolve issues and improve user satisfaction.

Different Types of Staking.

There are different kinds of staking on offer.

  • Flexible: This comes with a shorter timeframe than the other types of staking services. The maximum lockup period is seven days.
  • Fixed (Locked): The fixed or locked staking option comes with some sort of stringent rules. The minimum staking period is usually 30 days, with the maximum period pegged at 90 days. The user won’t have access to their funds until the lockup duration is complete during this period.
  • DeFi: DeFi staking is a form of staking targeted towards DeFi protocols. This allows crypto users to invest in DeFi-facing services and earn rewards easily. DeFi staking comes with higher yields and risks, given the uncertain nature of these protocols.
  • On-chain and Off-chain Staking: On-chain staking is the regular crypto staking that allows crypto investors to earn passive income from PoS protocols. On the other hand, Off-chain staking is usually used for non-PoS protocols like BTC. They are usually staking rewards earned from performing transactions outside of the network.
  • Self Staking and Liquid Staking: Self-staking is when a user runs a validator node for a PoS protocol. Most PoS protocols enable individuals with the requisite equipment to run nodes to secure the network. However, you need to lock up or stake a stipulated number of the network’s tokens.
    Liquidity staking is a new form and frees staked funds from lockup periods. This allows users to lend to a protocol to generate additional yields on their tokens.
  • Soft Staking: Soft staking enables users to receive rewards without needing to lock up their funds.

Advantages of Crypto Staking.

Crypto staking is now a billion-dollar industry as more crypto enthusiasts explore this space.

Here are some benefits/advantages of Crypto stacking platforms:

Put your Crypto to Work: Instead of keeping your crypto tokens idle in an exchange, you can easily earn passive income using staking. Staking allows you to earn more of a project’s token with the potential to grow more valuable with time.

Zero Technical Expertise: While a PoW protocol like Bitcoin requires technical expertise before mining, crypto staking is more hands-off. A crypto exchange staking with a team of experts handles all the technicalities while you keep the yields after paying commissions.

Zero Equipment: Another major benefit is that you don’t have to worry about setting up any equipment. PoW protocols require mining rigs which take up space and energy. However, crypto staking eliminates all these requirements as you can easily buy a PoS coin and stake them from the convenience of your smartphone.

Securing the Network: PoS protocols do not have the same security infrastructure as a traditional PoW protocol. Staking goes a long way in beefing up the protective mechanisms of a PoS protocol, making them fool-proof from malicious attacks.

Climate Friendly: Crypto staking is more environmentally friendly since they consume less energy in verifying and adding transactions to the network.

Risks of Crypto Staking

These are the likely risks of crypto staking:

Value Depreciation: Staked coins may drop in value while locked up, making it highly difficult for users to sell them in a tough bear market.

Penalty for Early Withdrawal: Some crypto staking platforms may penalize users for redeeming their crypto tokens before the stipulated time. If you intend to use your coins often, the best option is a flexible plan.

Hacks: A crypto staking platform may suffer a cyberattack and see users’ funds drained. We recommend using a platform that hasn’t been exploited in the past and an insurance policy to cover when it happens.

Lockup Periods: Crypto staking requires users to lock up their tokens for a certain period. During this timeframe, the user does not have control of their tokens. Using liquidity staking can easily offset this challenge by reinvesting your yields to generate more profits.

Tips to Getting Most Out of Staking.

Here are a few useful tips you can use to maximize your staked coins:

  • The first thing to note is that crypto staking is largely an investment of numbers. The more tokens you stake, the higher your potential for rewards.
  • You should also be wary of the APYs, otherwise known as the annual percentage yield. The APYs change regularly.
  • A few staking platforms alternate what they pay stakers. This may see the APY rise or drop depending on the token staked.
  • A low APY is largely due to a growing number of stakers.
  • On the other hand, a high APY could denote that only a few people are staking that PoS asset.

Verdict

Crypto staking is something I have actively participated in as I diversify my holdings. I rely on reliable platforms that combine performance, security, and transparency. Staking is not just about yield—platform structure, usability, and flexibility matter. If you are deciding where to stake, check my verdict.

  • Uphold: Offers a superior choice for long-term holders looking for comprehensive asset management and ease of trading, thanks to its all-in-one design.
  • Zengo: It impressed me with secure login features, real-time support, and flexibility across staking types without compromising usability.
  • Kraken: It is a crypto exchange known for offering one of the most secure and versatile staking platforms in the industry.

FAQs

Passive income is earnings from investments that you’re not directly involved in. Similar to stocks and other high-yield commodities, cryptocurrencies can be used to generate passive income. One of the fastest ways of earning passive income with your crypto funds is by staking them. This section will explore the best cryptocurrencies for staking to generate passive revenue.

1. Ethereum

Ethereum

Ethereum is one of the best staking coins for passive income. This is due to efforts to reduce the network’s high gas fee and energy consumption using the PoS model. Ethereum still controls a large chunk of the DeFi space, with over 58% of protocols running on its network. Staking rewards currently start from 5% to 10%.

2. Solana

Solana

Solana is one of the fastest layer-1 protocols with a reputed 50,000 throughput. The PoS protocol has seen significant growth in the past year and over $6.78 billion in total value locked (TVL). According to Staking Rewards, the staking reward for SOL currently stands at 5.92%. With a flourishing DeFi ecosystem, Solana has been tapped as a top contender for the decentralized economy.

3. Cardano

Cardano

Cardano is another top PoS protocol and a popular Ethereum competitor. The peer-reviewed blockchain is currently one of the top coins to stake for passive income. ADA staking rewards are pegged at 5.29% to 10%.

4. Avalanche

Avalanche

The Avalanche blockchain is another DeFi hotbed and one of the best coins to stake for additional income. Avalanche records a staking reward of 9.17% to 20% in some staking pools. This is exciting given that the Avalanche blockchain is currently fledgling out its ecosystem with innovative tools for the decentralized economy.

5. Polkadot

Polkadot

Polkadot (DOT) has a strong history with the Ethereum network through its founder Dr. Gavin Wood. The crypto network is currently building a heterogeneous network for secure interoperability and the seamless transfer of all asset types. It offers a sizable rate of 13.92% to 20% on some staking platforms. However, your funds would be inaccessible for 28 days.

6. Binance Coin

Binance Coin

Binance Coin is the discount token for the Binance exchange. The BEP-20 token has been incorporated into all the exchange’s DeFi efforts, fueling Binance’s expansive ecosystem. Staking rewards start at 5.32% to 8.35%.

Binance is our number one pick for the best crypto staking platform. If you are looking to stake SAND on Binance, these steps should help you get started.

Step 1) Open https://www.binance.com/ on your browser or smartphone. Tap on the ‘Register Now’ button to access the signup page.

How to Stake SAND Tokens

Step 2) Tap the ‘Create Personal Account’ icon to access an individual’s signup page and fill in the required details.

Create Personal Account

Step 3) Verify ID

Tap on the ‘Verify’ button to upload your driver’s license and complete the verification process.

Verify ID

Step 4) Deposit

Tap on the ‘Wallet’ icon and select ‘Deposit.’ Choose between the ‘Fiat currencies/Crypto’ deposit option and fund your account with your preferred payment solution.

Deposit

Step 5) Buy SAND

Type ‘SAND’ into the search bar and click on the ‘Spot’ option. Insert how much SAND you want to invest and click on ‘Buy SAND’ to complete the process.

Buy SAND

Step 6) Stake SAND

Stake SAND

Tap on the ‘Wallet’ icon and select the ‘Earn’ option. Tap on ‘High-yield’ and select ‘Defi Staking.’ Then select ‘Staking’ and type ‘SAND’ into the search bar. Select a lockup period and click on ‘Complete’ to conclude the staking process.

Staking rewards are subject to taxation at the point of sale, not when received. The US IRS defines staking as ‘income’ which means you would be charged the requisite tax based on your income bracket. You can visit the official Tax Authority website of your country’s tax agency for proper guidance.

Crypto staking generally involves pledging a user’s funds towards the security of a blockchain network. In return, you are rewarded with newly minted coins of the network’s tokens.

PoS or Proof-of-Stake networks differ significantly from PoW consensus protocols. For one, they offer higher transaction speed, low transaction cost, and less energy use. Crypto staking enables token owners to lock their funds to secure the network from malicious attacks. This significantly boosts the efficiency of the stipulated network.

Crypto staking party is becoming an ideal solution. Many of its current users are investors who are disillusioned by the present rates earned from their savings accounts. Crypto staking often comes with higher yields and guaranteed returns than traditional savings accounts.

Crypto staking occurs when a user pledges their digital assets to secure a blockchain network. The lockup period is actually dependent on the length of time chosen by a user.

To begin cryptocurrency staking, you would need one of the eligible tokens. Some of the most popular PoS coins you can stake include Ethereum, Solana, and Cardano. If you don’t have any of the PoS assets, you can purchase them from popular cryptocurrency exchanges. You can learn the key differences between the PoW and PoS mechanisms here.

Crypto staking is evolving by the day. Today, there are several ways of staking cryptocurrency.

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