What are the benefits of staking?

Staking offers a way to earn passive income by holding and supporting a cryptocurrency network. It’s energy-efficient compared to mining. Plus, you can increase your crypto holdings without buying more.

What are the risks of staking?

Like all investments, there’s no guaranteed return. The cryptocurrency’s value might decrease. You could also lose partial access to your staked amount for a duration.

What is the minimum amount required to stake?

The minimum staking amount varies between platforms and cryptocurrencies. Some might require a few tokens, while others could ask for more.

What is the expected return on investment for staking?

The ROI varies based on the cryptocurrency, platform, and market conditions. Some offer 5-10%, while others might offer even higher returns. Always research the specific coin and platform.

How long does it take to start seeing returns from staking?

You might see returns anywhere from a day to several weeks after you start staking. This depends on the network and staking conditions.

What happens if I stop staking?

If you stop staking, you’ll usually regain access to your tokens after a certain “unbinding” period. However, you’ll stop receiving staking rewards during this time.

What are the tax implications of staking?

Staking rewards are often seen as taxable income in many jurisdictions. It’s crucial to consult with a tax professional regarding regulations in your country.

Best Crypto Exchanges for Staking in 2024

Have you ever encountered terms like "leverage trading crypto” and felt lost? What about “staking” or “DeFi?” You're not alone.Read more

Let's simplify things. Imagine a world where your cryptocurrency can work for you. It is almost like a savings account but potentially more rewarding. That's crypto staking.

Disclaimer: Investing in cryptocurrencies carries significant risk. Values are highly volatile. Never invest more than you can afford to lose. This site does not provide financial advice. Act based on your own research and consult with a financial professional before making decisions.Read less

Last Updated November 14, 2024 11:04 AM

By Darko Jacimovic

Verified by Zeljko Mancic

Best Staking Platforms in 2024

In this top list, we’ve curated the standout crypto exchanges and staking platforms for this year, providing you with the best crypto experience.

Disclosure

eToro

4.17 / 5

promotions

N/A

Coins

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Coinbase

4.50 / 5

promotions

Earn $10 in Ethereum (ETH) when you stake $100 in ETH for the first time, up to $30 in rewards

Coins

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Binance US

4.33 / 5

promotions

Get $10 USD when you sign up with a referral link from a friend, and make qualifying trades.

Coins

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Gemini

4.50 / 5

promotions

Receive a $10 USD worth of BTC credit when you register with a referral link and trade $100 USD within the first 30 days of registration.

Coins

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Kraken

4.50 / 5

promotions

Get $10 in Bitcoin when you register through a referral link from an existing member.

Coins

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Crypto.com

4.00 / 5

promotions

Enjoy US$50 worth of CRO as sign-up bonus when you sign up with a referral link.

Coins

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Bitstamp

4.50 / 5

promotions

Not Applicable

Coins

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Phemex

4.67 / 5

promotions

Earn up to $6050 in crypto when you sign up

Coins

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Deepcoin

3.67 / 5

promotions

Get up to 30% trading fee rebates when you invite a friend and trade futures with them.

Coins

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#10

BitFlyer

4.00 / 5

promotions

Get €10 worth of Bitcoin each when you refer a friend and they create a Trade PRO account, deposit and buy €100 or more worth of any crypto.

Coins

Go to Site Read Review

Review of our top 10 crypto exchanges for staking

Dive into our concise reviews below, crafted after scouring top sources and analyzing crucial features.

1. eToro

4.17 / 5

Promotions

N/A

Products

NFTs
OTC trading
ETFs 2

Cryptocurrencies

Bitcoin
Ethereum
Dogecoin 77

Payment Methods

Bank transfer
Maestro
MasterCard 92

Languages

Finnish
German
Norwegian 16

Security

2FA SMS
256-Bit SSL Encryption

KYC / AML

eToro is not an anonymous platform. When you sign up for an eToro account, you are required to provide personal information for identity verification purposes. This is a standard practice among regulated financial institutions to comply with Anti-Money Laundering (AML) and Know Your Customer (KYC) regulations.

Support Languages

English

Educational Resources

Academy
Learn
News and Insights 5

Visit eToro

Terms & Conditions

2. Coinbase

4.50 / 5

Promotions

Earn $10 in Ethereum (ETH) when you stake $100 in ETH for the first time, up to $30 in rewards

Fees (Maker/Taker)

Crypto Withdrawal Fee

Products

spot trading
staking
NFTs 6

Cryptocurrencies

Bitcoin
Ethereum
Tether 581

Payment Methods

Bank transfer
MasterCard
PayPal 594

Languages

German
Japanese
Italian 9

Licenses

United Kingdom
Ireland
Australia 4

Security

2FA Mobile App
2FA SMS
2FA Google Authenticator 2

KYC / AML

Required for trading, deposit and withdrawal

Support Languages

English

Educational Resources

Blog
Videos
Tips and Tutorials 4

Visit Coinbase

Terms & Conditions

3. Binance US

4.33 / 5

After facing regulatory challenges, the global Binance platform established Binance.US to comply with US regulations and serve US traders. Binance.US is a fully licensed and regulated crypto exchange, registered as MSB with the FinCEN. It is available across the USA, with the exception of states that have specific regulatory restrictions.

The service offerings of Binance.US are considerably more limited than those of its global counterpart. Binance.US supports just over 120 cryptocurrencies and 60 trading pairs. The exchange provides staking and earning opportunities but no derivative trading options. It also doesn’t accept fiat deposits.

Binance.US also offers fee-free trading of select cryptocurrency pairs, and charges trading fees according to its tiered-fee structure for the remaining pairs. For trading fees paid with its native BNB coin, Binance.US grants a 5% discount on all trading fees.

Promotions

Get $10 USD when you sign up with a referral link from a friend, and make qualifying trades.

Fees (Maker/Taker)