Best Crypto Staking Platforms
We want to share with you some of the best staking crypto sites where you can make a reasonable profit from putting your crypto holdings to work.
The interest rates can be pretty generous, and you can earn 10% to 20% per year. Some major cryptocurrencies you can stake are Solana, Polkadot, Cardano, and Etherium.
Below, we will look at the best crypto staking platform, or more precisely, two of them.
Binance is one of the best sites for staking crypto, and it is the largest crypto exchange by trading volume in the world. Binance allows you to start staking crypto on 11 DeFi Coins and 76 Locked Coins. You will find some of the best crypto staking coins in the Binance platform, and the rewards for crypto staking are pretty high.
For instance, the annual percentage yield, or APY, for the Luna Coin currently is at 25.39%. The Binance website has all of the yield rewards represented transparently. In addition, Binance offers a very flexible holding period. For instance, before your coins are transferred back to your Spot Waller, you can stake your coins for 90, 60, 30, or 15 days.
Even though it might take some time to get used to the platform Binance, it provides many advanced features, and it is pretty straightforward to use. The whole process can be easily understood thanks to the transparency that the platform offers to its users.
Kraken has over 80 cryptocurrencies with a wide range of options both for institutional investors and retail investors. Karen has a bit more reach than Binance when it comes to global support since the exchange currently supports traders in almost 200 countries.
All clients can utilize Kraken’s staking rewards. Unlike Binance, Kraken doesn’t have a minimum staking time. What this means is that you can immediately earn your rewards. You can unstake your funds after a few hours and still get pro-rated rewards on the next payout date.
All clients can also access the educational resources by Kraken, and they have Android and iOS mobile app access.