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Alternate cryptocurrencies => Service Discussion (Altcoins) => Topic started by: gocryptowise on July 10, 2020, 07:48:54 AM



Title: 5 cryptocurrency exchanges where you can stake cryptos & earn rewards
Post by: gocryptowise on July 10, 2020, 07:48:54 AM
Staking cryptocurrencies have grown to become widely popular amongst cryptocurrency holders.

This allows us to stake our cryptocurrencies in dedicated wallets and start earning interest.

I will share a list of some of my personal favourite cryptocurrency exchanges where users like you and me can start staking our cryptocurrencies and start earning rewards.

5 cryptocurrency exchanges with staking enabled
What is great with these cryptocurrency exchanges is that not only is it very easy to get started with staking, you can also stop staking at any time.

I have only listed services with this feature available. So that you don’t need to lock your funds away for a long period of time*.

Now this might be a hot topic - should I ever leave my funds on an exchange, and I think this is something you need to think about not only once but twice before committing to. Now these 5 are perhaps fairly secure, but there are risks to this. So that you know!

https://gocryptowise.com/blog/cryptocurrency-exchanges-with-staking/ (https://gocryptowise.com/blog/cryptocurrency-exchanges-with-staking/)

I hope it is useful! :=)


Title: Re: 5 cryptocurrency exchanges where you can stake cryptos & earn rewards
Post by: Twinkledoe on July 10, 2020, 07:56:02 AM
At least you listed top exchanges here. So not a bad list. Anyway, still up to the user if he can afford to leave his coins in those exchanges. As many want to secure their portfolio, most of us here don't store funds in the exchanges. But if you feel that you can earn money from the services offered by these exchanges, like the staking option, you should be ready for all possible scenarios that may happen. As a user you know the risks involved when you leave your funds to the exchanges, whether they are top or just small exchange.


Title: Re: 5 cryptocurrency exchanges where you can stake cryptos & earn rewards
Post by: Zeehaxan on July 10, 2020, 08:11:36 AM
It is like a race among all the exchanges, I have seen that as soon as a top exchange launches a new feature all other exchanges that are also among top or want to be there start adding that feature as well. Staking was not an option in these exchanges a while ago but now we see it in more and more exchanges. Anyhow healthy competition is always good.


Title: Re: 5 cryptocurrency exchanges where you can stake cryptos & earn rewards
Post by: jessyj48 on July 10, 2020, 08:21:14 AM
Almost every crypto exchanges want to or have already implement staking on their platforms, it's just safer with top exchanges like Kucoin, binance, Okex and other popular exchanges but this staking features are already available in few mobile Wallets like trust wallet for example, I think it's better staking from your wallet than exchanges though die to sudden hacks that can happen anytime


Title: Re: 5 cryptocurrency exchanges where you can stake cryptos & earn rewards
Post by: dhemasm on July 10, 2020, 08:53:45 AM
Already read the article, Good recommendation especially Binance and kucoin, Both of them was really recommended for the rest not really sure too since i'm not really actively using that. Anyway really good things that this exchange providing us something like this so we can also receive an passive income.


Title: Re: 5 cryptocurrency exchanges where you can stake cryptos & earn rewards
Post by: pakhitheboss on July 10, 2020, 09:40:59 AM
Good article no doubt about it but the question is why do you want investors to use crypto exchanges for staking purposes. Whereas we have been told numerous times in this forum that keeping a good balance on crypto exchanges can be very risky unless you are planning to do a trade.

Why not use your personal wallet to stake cryptocurrencies. I am aware of three and I have listed them below.
  • Atomic Wallet
  • Exodus Wallet
  • Guarda Wallet

All the above-listed wallets are non-custodial wallets and are available on both desktop and mobile devices. Exchanges are not at all secure. This biggest example on your list of unsecured exchange is Binance. It got hacked last year.


Title: Re: 5 cryptocurrency exchanges where you can stake cryptos & earn rewards
Post by: danggoron on July 10, 2020, 09:54:41 AM
Binance
kraken
coinbase
kucoin
bitfinex
all of them are trusted exchanges, so there is no harm in staking there. Moreover, staking is one of the popular choices at this time, can be likened to passive income even though it cannot be fully considered so. The article that you shared is also very useful, along with links to the official page of the exchange.
I add info, some comparisons of staking annualized return rates of some exchanges, may be useful
https://i.postimg.cc/Rhq31RZp/perbandingan-staking.jpg
https://t.me/ico_analytic/1426


Title: Re: 5 cryptocurrency exchanges where you can stake cryptos & earn rewards
Post by: iTradeChips on July 10, 2020, 11:05:36 AM
Good article no doubt about it but the question is why do you want investors to use crypto exchanges for staking purposes. Whereas we have been told numerous times in this forum that keeping a good balance on crypto exchanges can be very risky unless you are planning to do a trade.

Why not use your personal wallet to stake cryptocurrencies. I am aware of three and I have listed them below.
  • Atomic Wallet
  • Exodus Wallet
  • Guarda Wallet

All the above-listed wallets are non-custodial wallets and are available on both desktop and mobile devices. Exchanges are not at all secure. This biggest example on your list of unsecured exchange is Binance. It got hacked last year.

You do have a good point. I do my staking on wallets installed on a computer and I use the exchanges for trading. But of course I do not see harm in the post since it is still the decision of the user if he wants to leave his coins on an exchange and let it stake until he decides to use it after a certain amount of time. But whatever the system they use, what's important is that you have made your research and you will be armed with the right information for your decision making whether to use exchanges for staking or wallets. Good post.


Title: Re: 5 cryptocurrency exchanges where you can stake cryptos & earn rewards
Post by: kingzpro on July 10, 2020, 11:42:47 AM
Good article no doubt about it but the question is why do you want investors to use crypto exchanges for staking purposes. Whereas we have been told numerous times in this forum that keeping a good balance on crypto exchanges can be very risky unless you are planning to do a trade.

Why not use your personal wallet to stake cryptocurrencies. I am aware of three and I have listed them below.
  • Atomic Wallet
  • Exodus Wallet
  • Guarda Wallet

All the above-listed wallets are non-custodial wallets and are available on both desktop and mobile devices. Exchanges are not at all secure. This biggest example on your list of unsecured exchange is Binance. It got hacked last year.
That is exactly what i was thinking about personal wallets with private key in our control is in our control atleast and we can access it from any other service as well if the original wallet provider is down or not available but yes  some people do look for 2-3 years of succesful business and credibility from these wallets and platforms before using them.


Title: Re: 5 cryptocurrency exchanges where you can stake cryptos & earn rewards
Post by: FairUser on July 10, 2020, 11:51:43 AM
I think Gate.io will be the best option for you to make a profit with it, I see there are many options for investors and its profit is higher than other exchanges like Binance, OKex, Huobi ..


Title: Re: 5 cryptocurrency exchanges where you can stake cryptos & earn rewards
Post by: oscarftw on July 10, 2020, 12:33:59 PM
I think Gate.io will be the best option for you to make a profit with it, I see there are many options for investors and its profit is higher than other exchanges like Binance, OKex, Huobi ..
So many exchanges offering staking rewards, from all of these exchanges I will choose only Binance, Kucoin, coinbai and gate. io exchange. We know that risk always exists in any exchange. I would like a wallet like Coinbase and Atomic wallet. Holding interest is higher in atomic wallet 23 percent than any other wallet. Staking in Wallet is much safer than exchange staking, especially decentralized wallet.


Title: Re: 5 cryptocurrency exchanges where you can stake cryptos & earn rewards
Post by: covfefe_ on July 10, 2020, 12:42:20 PM
Most of them are popular and trusted sites but it's not a good idea to stake large amount of coins in centralized exchanges.
You can stake most of those coins yourself and get a larger reward. Some of them requires a VPS while some are much easier and don't even require you to be online with your wallet.


Title: Re: 5 cryptocurrency exchanges where you can stake cryptos & earn rewards
Post by: Bananington on July 10, 2020, 01:05:17 PM
Staking cryptocurrencies have grown to become widely popular amongst cryptocurrency holders.


https://gocryptowise.com/blog/cryptocurrency-exchanges-with-staking/ (https://gocryptowise.com/blog/cryptocurrency-exchanges-with-staking/)

I hope it is useful! :=)

Very useful, thanks OP. But what's the point staking crypto on exchanges, meaning you expose your funds long term to drawbacks of exchanges especially hack. I prefer staking with my personal wallets, not otherwise. I've used Binance and Kucoin for staking anyway, pretty cool.


Title: Re: 5 cryptocurrency exchanges where you can stake cryptos & earn rewards
Post by: nelson4lov on July 10, 2020, 01:35:43 PM
~

Very useful, thanks OP. But what's the point staking crypto on exchanges, meaning you expose your funds long term to drawbacks of exchanges especially hack. I prefer staking with my personal wallets, not otherwise. I've used Binance and Kucoin for staking anyway, pretty cool.

Well, staking on exchange platforms like binance and kucoin has some advantages over staking your personal wallet. Binance has an annual percentage return as high as 16%.  You can't get such high returns while staking on your personal wallets. However, I do know that there are some drawbacks with putting your funds in the hands of these exchanges. Binance has the #SAFU initiative to help mitigate issues should they arise.


Title: Re: 5 cryptocurrency exchanges where you can stake cryptos & earn rewards
Post by: batang_bitcoin on July 10, 2020, 06:02:39 PM
You are missing crypto.com with their staking feature on their exchange. https://crypto.com/en/earn.html
But to honest, it's better to stake on the hardware wallet that has staking feature. I'm talking about the Ledger live that has this feature added onto their application.


Title: Re: 5 cryptocurrency exchanges where you can stake cryptos & earn rewards
Post by: ZincUnrated on July 10, 2020, 07:11:48 PM
Biki.com and Citex exchanges both offer some very impressive and highly lucrative staking options for lots of projects. The percentages are decent and also, it is so simple to get started. I have been staking Asian Reserve Currency Coin ARCC there for the past 2 months and its been worth it plus I get to compound my earnings which is another huge advantage.


Title: Re: 5 cryptocurrency exchanges where you can stake cryptos & earn rewards
Post by: kolyrahman23 on July 10, 2020, 07:36:34 PM
For those who want to hold Coins for long terms can easily choose these top 5 exchanges stated above. But in my point of view most of the Technology can be vulnerable. I think Staking coins in exchanges is not great idea if you are a long term holder. You may always feel that your funds is not safe in exchanges. No one can guarantee about the Exchange Hack. Centralized thing can be manipulated easily. Thats why Stakers should use Wallet instead of using Exchanges for staking.

 Exchange Staking         vs         Wallet Staking

1. Centralized                            1. Decentralized
2. Can be hacked          2. Its depend on you
3. Always has some risks        3. No risks
4. You have no power               4. You have full power about your action



Best wallets for Staking:

1. Trust Wallet
2. Atomic Wallet
3. Guarda Wallet


Title: Re: 5 cryptocurrency exchanges where you can stake cryptos & earn rewards
Post by: btc_angela on July 10, 2020, 10:56:38 PM
The list of 5 cryptocurrency exchanges that you put there are the top tier, so it's really good , in my opinion. But there could be vulnerabilities so everyone should be very careful. This staking is really taking crypto market, at least many are very enthusiastic about it, because it's another way to make more money. But you have to weight your options and the money that you are willing to stake because of the huge risk, just a friendly reminding to anyone.


Title: Re: 5 cryptocurrency exchanges where you can stake cryptos & earn rewards
Post by: Baofeng on July 10, 2020, 11:14:29 PM
Everyone should be reminded that having huge amount of money in an exchange is not a good safety practice. Because of an event of a hack, regardless if you are Binance of just low level exchanges, all the funds can be drain in matter of minutes.

@kolyrahman23 - did you know that there have been lots of phishing attempts on,

1. Trust Wallet
2. Atomic Wallet
3. Guarda Wallet

So it's really very dangerous, so please be careful and weight the risk and reward ratio.


Title: Re: 5 cryptocurrency exchanges where you can stake cryptos & earn rewards
Post by: Kez1817 on July 10, 2020, 11:39:11 PM
Your top list of exchanges is pretty good but the idea to leave your funds on the exchange is full of risk so it's up to your choice. Staking are good and even their competition ,but risk is always there ,so be careful in investing or staking.


Title: Re: 5 cryptocurrency exchanges where you can stake cryptos & earn rewards
Post by: NS-Soul on July 10, 2020, 11:50:50 PM
Staking cryptocurrencies have grown to become widely popular amongst cryptocurrency holders.

This allows us to stake our cryptocurrencies in dedicated wallets and start earning interest.

I will share a list of some of my personal favourite cryptocurrency exchanges where users like you and me can start staking our cryptocurrencies and start earning rewards.

5 cryptocurrency exchanges with staking enabled
What is great with these cryptocurrency exchanges is that not only is it very easy to get started with staking, you can also stop staking at any time.

I have only listed services with this feature available. So that you don’t need to lock your funds away for a long period of time*.

Now this might be a hot topic - should I ever leave my funds on an exchange, and I think this is something you need to think about not only once but twice before committing to. Now these 5 are perhaps fairly secure, but there are risks to this. So that you know!

https://gocryptowise.com/blog/cryptocurrency-exchanges-with-staking/ (https://gocryptowise.com/blog/cryptocurrency-exchanges-with-staking/)

I hope it is useful! :=)
Thanks for sharing this it was a big help if they want to know where they can stake their coin. But there was a risk on it we are all know that even top exchange got hack so you must put security on it to lessen it and don't ever leave your funds on an exchange always monitor it so you will see if you have the funds or not.


Title: Re: 5 cryptocurrency exchanges where you can stake cryptos & earn rewards
Post by: irixo10 on July 11, 2020, 01:05:44 AM
Actually I am not a fan of crypto staking because it doesn't really move me but however for those who likes staking i think for it to take place on exchanges means a bit of funds security is assured and the coins with staking systems are good coins which likely made the exchanges to adopt them. Also, there are risks quite alright especially in holding funds on exchanges but from the list, all the exchanges mentioned are top exchanges and therefore have their reputation to uphold which of course will make them chose only good coins worthy of staking. Lastly, one should understand that no exchange is secured and therefore it will look wise getting involved with what your pockets can afford.


Title: Re: 5 cryptocurrency exchanges where you can stake cryptos & earn rewards
Post by: bearexin on July 11, 2020, 09:11:45 PM
5 cryptocurrency exchanges with staking enabled
What is great with these cryptocurrency exchanges is that not only is it very easy to get started with staking, you can also stop staking at any time.

I have only listed services with this feature available. So that you don’t need to lock your funds away for a long period of time*.

It’s good that they have a feature in place that wouldn’t let people lock away their funds for a long time, because that’s something I was going to talk about right now. I know a friend that staked his coins and on an exchange and then the price started fall. The 8% per annum interest will not be enough for you to cover the losses you have made due to a market fall. But the ones you have listed on your website would be quite good as long as one will be able to withdraw their funds when things are not so alright.

Already I am making use of Kucoin for staking Tron. At first I was making use of Trust wallets for gaining POS rewards for my Tron stash but after I came to know about better rewards from Kucoin exchange, I just shifted my Tron balances into Kucoin so that now I am making somewhat better returns by staking. I guess more exchanges in near future will start exciting features like this so that they will retain their customer base.


Title: Re: 5 cryptocurrency exchanges where you can stake cryptos & earn rewards
Post by: WannaCry on July 12, 2020, 06:13:39 AM
your link is very useful and thumbs up on that and thank you for sharing.. but the thing is people in the community will choose to what exchange they will use, either it's a good exchange, top exchange, or worst exchange it depends on them. and also it's if that coin on that exchange has staking rewards then it is better to stake them in their wallet rather than in the exchange because we will never know what will happen


Title: Re: 5 cryptocurrency exchanges where you can stake cryptos & earn rewards
Post by: Zabivelli on July 12, 2020, 09:33:18 PM
If you guys are fan of staking. You should 100% check the exchange in my signature.

It started as Monaco, went to Crypto.com with two native coins $CRO and $MCO.

They started as a crypto visa project and now they have own exchange with 2-3 mill users.

I will be not surprised if they get among the top 5 exchanges in like a year time.

I trade myself there and have also the visa card.

You have soft staking, means no lock up. Just by having the asset you get already interest, even if you are trading it. If you lock it up, you get more interest. The visa cards are also the best in the whole crypto space. Nice RVS steel!

Anyway you guys check for yourself, I'm good with them so far. I used to trade in BitFinex and Bittrex. Now moved to them. They have also once or twice a month buying BTC or other popular assets with 50% discount. Check their Twitter.


Title: Re: 5 cryptocurrency exchanges where you can stake cryptos & earn rewards
Post by: Bitstar_coin on July 13, 2020, 04:38:15 AM
Since am very familiar with binance exchange, it will be my number one pick because of the credibility and high reputation of the exchange, I often see those lending and staking options whenever I login into my account but I have never tried any, I think you can already tell how much profit you can make using one of the staking option, this is indeed another good and secure way of earning passive income.


Title: Re: 5 cryptocurrency exchanges where you can stake cryptos & earn rewards
Post by: Zabivelli on July 13, 2020, 07:10:27 AM
On the exchange I mentioned above (my signature) you don't have to stake, just by having your asset in the exchange while you trade, you get stake rewards, daily.

The best is to order a visa card, you get cash back every time you do groceries or just buy random things.

I'm also on Binance, but there you have to actively stake. I'm also not really fan of actively staking.


Since am very familiar with binance exchange, it will be my number one pick because of the credibility and high reputation of the exchange, I often see those lending and staking options whenever I login into my account but I have never tried any, I think you can already tell how much profit you can make using one of the staking option, this is indeed another good and secure way of earning passive income.


Title: Re: 5 cryptocurrency exchanges where you can stake cryptos & earn rewards
Post by: maydna on July 13, 2020, 07:43:21 AM
It seems, the crypto trend has changed to staking and earn rewards. That can make the investors give trust to the exchanges to hold their funds in those places. I see on that list from OP that will depend on yourself, do you have the courage to leave your funds in the exchanges or not, and you are ready with everything that can happen to the exchanges. My advice is you need to know how much money you should use to stake in the exchanges, and it's better not to risk all of your money, even if the exchanges give a big profit to you.

On the exchange I mentioned above (my signature) you don't have to stake, just by having your asset in the exchange while you trade, you get stake rewards, daily.

The best is to order a visa card, you get cash back every time you do groceries or just buy random things.

I'm also on Binance, but there you have to actively stake. I'm also not really fan of actively staking.


I have crypto.com installed on my mobile phone, but I do not buy yet any coins inside the wallet. If I see the minimum amount to buy each coin is $250, so we can earn a reward by staking the coin.


Title: Re: 5 cryptocurrency exchanges where you can stake cryptos & earn rewards
Post by: Anonylz on July 13, 2020, 08:24:35 AM
On the exchange I mentioned above (my signature) you don't have to stake, just by having your asset in the exchange while you trade, you get stake rewards, daily.

The best is to order a visa card, you get cash back every time you do groceries or just buy random things.

I'm also on Binance, but there you have to actively stake. I'm also not really fan of actively staking.


Since am very familiar with binance exchange, it will be my number one pick because of the credibility and high reputation of the exchange, I often see those lending and staking options whenever I login into my account but I have never tried any, I think you can already tell how much profit you can make using one of the staking option, this is indeed another good and secure way of earning passive income.

By signing up with your link on crypto.com then both you and the person get to share $50 is it without investing any amount or the person must invest before this bonus can be given?
Between regarding staking on the exchange, I think I like their method, all you have to do is have the assets on the exchange and start earning, but assuming we choose a lock period can it be unlock whenever you feel the need or the lock period must be reached before it can be access?


Title: Re: 5 cryptocurrency exchanges where you can stake cryptos & earn rewards
Post by: Zabivelli on July 13, 2020, 11:17:34 AM
There is no 100% safety. You can lose your private password, forget, lose keys or in case of Trazor. Forget the whole damn thing somewhere.

Exchanges are learning from their mistake in the early days. Although never 100% safe, it's 90% safe! Since I started with crypto, (you can find my messages on BT all the way back from 2017), I held for 95% of the time funds in some exchange.. But always on the top 5 exchanges not smaller ones. Although I never had any issues with smaller ones also. I have experience with Bittrex, BitFinex, HitBTC, Livecoin, Binance, ForkDelta/EtherDela and Crypto.dom ... Now I mainly trade on Binance and Crypto.com.

It seems, the crypto trend has changed to staking and earn rewards. That can make the investors give trust to the exchanges to hold their funds in those places. I see on that list from OP that will depend on yourself, do you have the courage to leave your funds in the exchanges or not, and you are ready with everything that can happen to the exchanges. My advice is you need to know how much money you should use to stake in the exchanges, and it's better not to risk all of your money, even if the exchanges give a big profit to you.

On the exchange I mentioned above (my signature) you don't have to stake, just by having your asset in the exchange while you trade, you get stake rewards, daily.

The best is to order a visa card, you get cash back every time you do groceries or just buy random things.

I'm also on Binance, but there you have to actively stake. I'm also not really fan of actively staking.


I have crypto.com installed on my mobile phone, but I do not buy yet any coins inside the wallet. If I see the minimum amount to buy each coin is $250, so we can earn a reward by staking the coin.


Title: Re: 5 cryptocurrency exchanges where you can stake cryptos & earn rewards
Post by: Zabivelli on July 13, 2020, 11:27:41 AM
No, you get 50 USD in $MCO. You don't share it. The only thing you DO need to stake is 50 MCO coins, which automatically gives you the right for the red visa card (cash back up to 10% and free netflix). Your 50 mco will stay locked for 6 months. After you get your 50 mco back. So your visa card is free.

You do however get 50 USD worth of MCO immediately as soon as you stake the 50 MCO.

The 50 USD worth of MCO you can trade, sell for Euro/Pounds/USD or other currency, depending on your location. You then top up your visa card with that 50 USD and go to shop to spend it with your visa card. On top of that you get cash back again in mco, which you can again trade or sell for fiat.

These guys have figured their shit really good.

Their $CRO and $MCO going strong. This Tuesday you can buy ALGORAND with 50% discount. Check their Twitter or telegram for instructions.

I'm really enjoying my red visa card.


Staking question:

You don't even have to lock and you start to get daily staking rewards.. this is of course the lowest percentage.

You can lock for one month and max 3 months.
These are the highest percentage. Once locked you can't unlock of course until the period finishes.

On top of this if you stake 50 mco for the red visa card, you get extra staking rewards.

There is actually too much to tell with these guys.
 How does it work (https://help.crypto.com/en/articles/2996965-crypto-earn-how-does-it-work)


I don't even get paid for all this story telling damit lol ;D

On the exchange I mentioned above (my signature) you don't have to stake, just by having your asset in the exchange while you trade, you get stake rewards, daily.

The best is to order a visa card, you get cash back every time you do groceries or just buy random things.

I'm also on Binance, but there you have to actively stake. I'm also not really fan of actively staking.


Since am very familiar with binance exchange, it will be my number one pick because of the credibility and high reputation of the exchange, I often see those lending and staking options whenever I login into my account but I have never tried any, I think you can already tell how much profit you can make using one of the staking option, this is indeed another good and secure way of earning passive income.

By signing up with your link on crypto.com then both you and the person get to share $50 is it without investing any amount or the person must invest before this bonus can be given?
Between regarding staking on the exchange, I think I like their method, all you have to do is have the assets on the exchange and start earning, but assuming we choose a lock period can it be unlock whenever you feel the need or the lock period must be reached before it can be access?