2022's Top Platforms for Staking Cryptocurrencies - What Is A Crypto Stake?

Review of the best cryptocurrency staking platforms

In our search for the best cryptocurrency staking platforms for 2022, we focus on a specific set of criteria. From an investment point of view, we will cover metrics such as yields offered, lock-up terms, and the number of tokens supported.

In terms of security, we explore whether each platform has a regulatory license and what systems are in place to ensure your crypto staking takes place in a secure environment.

The results of our cryptostaking platform reviews can be found below.

1. Aqru – The best cryptocurrency staking offer.

As one of the best places to learn how to leverage Bitcoin, AQRU is the first cryptocurrency staking platform to consider. This provider built its betting platform with newbies in mind, as the website itself is easy to use and free of unnecessary jargon. You can even access your cryptocurrency staking account through the Aqru mobile app, which is also easy to use.

In terms of supported assets, this top-notch cryptocurrency lending platform allows you to deposit both fiat currency and digital tokens. The first includes euros and pounds sterling. The second includes large-cap tokens like Bitcoin and Ethereum and stablecoins like Tether and USDC. As for returns, they will depend on the specific crypto asset you want to stake.

For example, supported stablecoins pay the highest yield, at 3% per year. Bitcoin and Ethereum return 1% per year, which is also attractive. This is why Aqru tops our list of the best cryptocurrency interest accounts and staking platforms.

The platform is able to earn these types of APY by lending its capital to both retail and institutional investors looking to take out additional crypto loans. Therefore, be aware of the risks involved. There are no fees charged for withdrawing funds from the Aqru platform when withdrawing in fiat currencies. However, cryptocurrency withdrawals have a fixed fee of $20, which may make Aqru unsuitable for small investments. Aqru is also one of the best crypto lending sites due to its fantastic rates.

Check out our Aqru review to learn more about this cryptocurrency staking platform.

2. Defi Coins – Best Defi Coin Staking Platform

This new platform has its own governance token known as DEFC. Thanks to Defi Development Coins you will be able to stake with this token. Defi Coins encourages holding their token as transactions carry a 10% fee.

5% of this figure is distributed among holders of the Defi Coins DEFC token, while the other 5% is used to provide liquidity to its decentralized exchange services.

All you have to do is connect the wallet where you have your DeFi Coins stored to the DeFi Swap platform, choose the lock term and amount, and confirm.

By doing so, the DeFi Swap smart contract , which operates on top of the Binance smart chain , will transfer your DeFi Coin tokens to the blockchain fund.

Later, when the chosen term ends, the tokens will be automatically returned to your wallet. This will not only include your principal investment, but also interest payments.

3. eToro – Best Cryptocurrency Staking Platform

eToro is best recognised for being an SEC-regulated cryptocurrency broker with minimal account minimums and industry-leading costs. However, eToro has since created a portal that allows you to stake your cryptocurrency investments. In fact, what we like most about this cryptocurrency platform is that as soon as you buy digital assets on eToro, the respective tokens will be automatically staked on your behalf.

eToro offers automated rewards in three of the best cryptocurrencies for staking. This includes Ethereum, Cardano, and Tron. As for the commissions, they will depend on your eToro membership status and your location. For example, while Bronze members and US clients will receive 75% of the monthly staking return that eToro is able to earn, Diamond and Platform+ account holders keep 90%.

eToro is also one of the best cryptocurrency staking platforms for 2022, in case you want to engage in a flexible deal. By this we mean that it is not necessary to lock your crypto-tokens for any period of time. Rather, you will continue to earn staking rewards on eligible tokens in your eToro crypto wallet until you decide to cash out. This avoids the need to transfer staking cryptocurrencies between competing platforms.

By choosing eToro as your staking provider, you are offered a wide range of other benefits. Also, if you want to buy cryptocurrencies on eToro, you can deposit funds in euros for free using a debit/credit card, ACH, bank transfer or an e-wallet. And all you need to do is pay the spread; no costly commissions are required.

4. Crypto.com – Best Cryptocurrency Staking Platform for Flexible Withdrawals

Crypto.com launched in 2016 and has since become one of the largest cryptocurrency exchanges in the world, with millions of customers. However, while Crypto.com is primarily known for offering low-cost, easy-to-use exchange services on over 250 tokens, the platform is also involved in a selection of other crypto-focused products.

In addition to digital asset lending, cryptocurrency credit and debit cards, and NFT markets, Crypto.com also offers staking services through its Crypto Earn service. In a nutshell, once you deposit your chosen digital tokens, Crypto.com will allocate the funds to provide loans to account holders who wish to borrow capital. The final borrower will later repay the funds with interest added, which you will receive daily.

As for the amount that you will be paid, it depends on three fundamental factors. First of all, APY rates vary depending on the respective token. For example, stablecoins like USDC and TrueGBP have an APY of 12%, while in the case of Bitcoin and Ethereum it is 6.5%. Second, the specific rates will depend on whether you are willing to lock your tokens for one or three months, or with no refund clause at all. Checkout More DeFi Development Company