In this article, I will review the best staking platforms for Tezos (XTZ), examining the leading options for making money passively with this famous cryptocurrency.
Tezos has an exclusive proof-of-stake consensus, making it straightforward for investors to stake.
Beginners and experienced users will find the platforms covered in the article to be trustworthy and safe for staking XTZ tokens.
Key Points & Best Staking Platforms For Tezos(XTZ) List
Platform | Key Points |
---|---|
Kraken | – Established, secure exchange- Supports a wide range of cryptocurrencies- High liquidity- Offers staking and margin trading |
Binance | – Largest exchange by volume- Low fees- Wide range of coins and services (staking, futures, etc.)- Advanced tools for traders |
Coinbase | – User-friendly for beginners- High fees compared to other platforms- Offers educational resources- Supports a variety of cryptocurrencies |
Exodus Wallet | – Non-custodial wallet- Easy-to-use interface- Built-in exchange feature- Supports over 100 cryptocurrencies |
Ledger Wallet | – Hardware wallet for security- Supports a wide variety of coins- Highly secure offline storage- Portable and durable |
Atomic Wallet | – Non-custodial wallet- Built-in exchange- Supports over 500 coins- User-friendly interface |
Guarda Wallet | – Non-custodial wallet- Multi-coin support- Offers staking options- Supports cross-platform use |
CoinDCX | – India-based exchange- Offers spot trading, margin trading, and staking- Supports a wide range of cryptocurrencies |
Kucoin | – Offers various trading options (spot, margin, futures)- Low fees- Wide range of cryptocurrencies- Rewards for staking and liquidity provision |
OKEX | – Advanced trading features (spot, futures, margin)- High liquidity- Offers staking and lending services- Competitive fees |
10 Best Staking Platforms For Tezos(XTZ)
1.Kraken
Tezos staking at Kraken is incredibly simple and exceptionally protected, providing good returns along with passive income without requiring any lock-up.
Staking rewards that range from 5 to 7% APY.
Their service is flexible as users can manage their staking separately by withdrawing and marking up their funds for passive income.
Kraken’s high-level security gives users confidence about their funds while claiming staking rewards.
Kraken Features
- Among The Best Investment Suffices: Kraken is quite favorable in respect to staking XTZ because of the appealing rewards that are provided with versatile conditions and no lock-up duration.
- Focus On Customer Experience: The platform is easy to use, allowing anyone to navigate easily regardless of one experience level.
- Top Tier Protection: Kraken is among the leaders in the industry when it comes to security, so when you stake XTZ, your funds are perfectly safe.
2.Binance
Tezos staking on Binance is as easy as point and click, they provide optional staking and their overall user interface is great.
- Staking Tezos for 30 days will yield an APY of 5.1%
- Staking Tezos for 60 days will yield an APY of 7.50%
- Staking Tezo for 120 days will yield an APY of 11.9%
Once a user creates an account, they can manage their assets and start reaping the benefits right away.
Binance users enjoy lower fees and greater trading volume while benefiting from improved security measures.
Binance Features
- Aglity In Service Usage: Binance provides a powerfully ordered book for Tezos (XTZ); liquidity is great for both staking and trading.
- Tezos Level Competitve Rewards: User may stake Tezos and earn competitive rewards without the hassle of single and multiple restrictions.
- Minimum Cost on Binance: There is a low cost on staking with Binance, which in return increases level of profitability from your Tezos stake.
3.Coinbase
With Coinbase, users of any experience level can buy richer rewards by staking Tezos (XTZ).
The interface is easy to navigate, plus users have no minimum balance or lock-up period set, and remain in full control over their funds.
Advanced users no longer have to go through extended processes and still reap the benefits of earning rewards, making Coinbase a highly favorable choice.
Coinbase Features
- Staking Tezos being simple: Coinbase’s interface is effortless, making it suitable for novice users who want to stake Tezos (XTZ).
- Zero Limits: Users can stake any amount of XTZ because there are no limits so.
- Safety Guaranteed: Having a reputation for strong security, Coinbase makes sure that the funds are safe with them while the users earn the staking rewards.
4.Exodus Wallet
Exodus Wallet has a user-friendly interface that offers a simple and effortless non-custodial staking solution for Tezos (XTZ).
The wallet provides convenience for its users by incorporating staking features that allow them to delegate their tokens to validators and receive rewards instantly.
Exodus provides effortless control over the private keys while guaranteeing thorough security during the staking process behind the scenes.
Users who seek privacy while remaining accessible will find Exodus ideal for their needs.
Exodus Wallet Features
- Non-Custodial: You have total control over the private keys of your Tezos (XTZ) tokens while staking in Exodus Wallet.
- User-Friendly Interface: The wallet’s design is straightforward and lets users stake Tezos directly in the app.
- Integrated Staking: Users can earn staking rewards by delegating Tezos tokens to the validators without exiting the wallet application.
5.Ledger Wallet
With the combination of Ledger hardware wallets along with the Ledger Live app, users have the ability to stake Tezos (XTZ) offline with complex security features.
Users can simply connect their Ledger devices, delegate their XRZ to validators, and passively earn staking rewards.
As a hardware wallet, Ledger has the utmost edge in security since the private keys remain within the device at all times. This is best for secure long-term staking.
Ledger Wallet Features
- Maximum Safety: The Ledger hardware wallets allow for offline storage which means their Tezos (XTZ) tokens are protected from any hacking attempts.
- Self Custodial Wallet: Ledger is a non-custodial wallet allowing you to manage your private keys while staking. You have full control as you are the sole owner of the funds.
- Staking through Ledger Live App: Staking Tezos (XTZ) is quite easy using the Ledger Live app, as there is an effortless process when it comes to delegation to validators.
6.Atomic Wallet
With Atomic Wallet, users no longer have to compromise security for usability when staking on Tezos (XTZ).
Passive income can be obtained by delegating XTZ to select validators. The platform is also appealing to many crypto enthusiasts, as it offers competitive staking rewards and supports a wide array of cryptocurrencies.
Most importantly, Atomic Wallet is non-custodial so users have complete control over all of their funds.
Atomic Wallet Features
- Self-Custody: Users have complete control of their private keys while storing in Tezos (XTZ), hence, there is no need to worry about loss of funds while staking.
- Diverse Supported Currencies: Aside from Tezos (XTZ), the wallet also enables staking of other cryptocurrencies.
- Exchange On Wallet: User can effortlessly stake Tezos within the wallet and also control other activities related to the holdings within the Atomic Wallet because of the inbuilt features.
7.Guarda Wallet
Using guarda wallet, users can stake Tezos (XTZ) on a non custodial platform without any belonging problems.
Users can easily Stake their XTZ tokens earning rewards while having full control of their private keys.
The wallet is multi-chain compatible and comes with an elegant, intuitive design. In addition, Guarda enables staking within the app making it easy and safe for users looking for more flexibility in their staking options.
Guarda Wallet Features
- Non-Custodial: Users can stake Tezos (XTZ) on Guarda Wallet while having full control of their private keys.
- Multi-Currency Support: The wallet also enables staking on other coins, besides Tezos (Tez) XTZ.
- Easy Delegation: Through the user-friendly interface of Guarda’s app, users can easily stake their Tezos XTZ by directly delegating to various validators.
8.CoinDCX
CoinDCX charges low fees for staking Tezos (XTZ) and offers competitive rewards. This platform is based in India and enables direct staking of Tezos through a very simple app interface.
CoinDCX allows users to securely stake with a lot of flexibility as the terms are not strict and rewards are given every single time which makes it an exceptional option for customers looking to receive passive income in exchange for the Tezos network.
CoinDCX Features
- Transactional simplicity Crucial Features. Users may sometimes struggle with the technical complexities of Tezos (XTZ) staking, but CoinDCX ensures that its user-friendly interface provides ease for even the most inexperienced users.
- Peculiar benefits and perks Novelty Features. Staking fees on this platform are minimal which, combined with other factors, results in excellent returns on your Tezos.
- Outstanding Security and Compliance: CoinDCX upholds measures of protection for users’ funds and maintains strong compliance with regulations across India, providing elevated assurance.
9.Kucoin
Users can stake Tezos (XTZ) via the Kucoin staking platform in a straightforward manner. Rewards can be earned by staking XTZ whilst low transaction fees are paid.
The platform has a myriad of staking options as well as a respectable amount of liquidity making it a favorite among crypto fans.
Your funds are protected on Kucoin, reducing the risk of losing money earned from rewards while enjoying the exchange’s unparalleled user experience.
Kucoin Features
- Minimal Charges: Kucoin boasts reasonably priced staking fees which allows for positive earnings on Tezos(XTZ).
- Excellent Market Depth: Owing to exceptionally high liquidity on the platform, users are able to stake and trade Tezos instantly.
- Varied Staking Terms: Users on Kucoin are provided with varied staking terms and are therefore able to claim rewards depending on their desired staking periods.
10.OKEX
With OKEX, users can easily stake Tezos (XTZ) and participate in securing the network while earning rewards.
The platform has flexible staking with high rewards as well as no lock-up periods.
The competitive staking rates and advanced security measures provided by OKEX make it an outstanding option for users who want to stake Tezos with a reliable exchange.
OKEX Features
- Flexible Staking Tezos: With OKEX, there are no tight restrictions. One can stake Tezos (XTZ) with no lock-up periods.
- Competitive Rewards: Users get great rewards and returns on their investments within OKEX’S Staking services for Tezos.
- Robust Security: Staking your Tezos (XTZ) tokens on OKEX’S platform is secured as at all times during stacking, tokens are safe due to robust security employed by OKEX.
Conclusion
Lastly, the ideal ones when staking Tezos are Ledger Wallet, Kraken, and Exodus wallet. They allow for non-custodial options and have an easy-to-use interface giving competitive rewards.
Handles like Coinbase and Binance are great for beginners as well. Kucoin, OKEX, and CoinDCX have low flexible terms while meeting other outstanding features.
For staking Tezos, Garant Wallet and Atomic Wallet are optimal solutions. At the end of the day, the best options stem from your priorities, such as security, ease of use and reward rates.