Aptos is a strong contender for a top tier Layer 1 blockchain network. Many crypto investors are starting to take notice of Aptos, which is why APT staking is increasingly gaining popularity.
Aptos staking on CEXs (centralized exchanges) isn’t very lucrative, unfortunately. There are very few exchanges with APT staking, and yearly returns certainly leave much to be desired.
However, if you are holding APT anyway, there’s truly no reason why you shouldn’t look into transferring your coins to one of the exchanges with higher APYs. Find out what those are with our APY (annual percentage yield) comparison below.
| Exchange: | Flexible APY: |
|---|---|
| Binance | 0.62% |
| BingX | 5.00% |
| Bybit | 1.50% |
| KuCoin | 0.01% |
| XT | 1.00% |
| Gate | 0.88% |
| HTX | 3.50% |
| OKX * | 6.02% |
(*) OKX has a 20-day redemption period. You can unstake at any time, but you will not be able to trade or withdraw your $APT during this window.
APYs in the table above are for flexible staking. Flexible staking means you can withdraw or use your APT coins (including accumulated interest) at any time without penalties or fees, unless indicated otherwise.
Is APT staking worth it?
Aside from OKX, all the exchanges listed allow you to use your APT immediately after unstaking. In case you want the chance to sell your APT at a moment’s notice during pumps, you can still take advantage of extra income from staking.
Unfortunately, Aptos staking returns are significantly lower compared to many other tokens. Best exchanges for APT staking are BingX and HTX, offering a 5% and 3.5% yearly return.
The third best exchange to stake Aptos right now would be OKX, assuming you are okay with the 20-day redemption duration. Alternatively, Bybit offers a 1.50% annual return rate, but without any redemption periods or lockups.
Aptos staking calculator
Input the amount (in USD) you are staking, and the APY (refer to table above) to get an estimate of your earnings, broken down with different time periods.
The calculator is only for illustrative purposes and actual yields may vary. Keep in mind it doesn’t take into account any potential APT price fluctuations.
On-chain vs. CEX staking
Average on-chain APT staking returns are around 7%. This is a much higher annualized return than most CEXs currently offer.
On-chain staking does have its downsides to consider. Unproven dApps, rug pulls, untested bridges, scams, compromised wallet keys, and many other risks can be scary for those new to Web3.
Staking on CEXs does include any of these risks. In fact, most exchanges guarantee the safety of staked assets through various insurance and compensation funds in case of any unforeseen issues.
A few things to remember:
- Savings, staking or earn programs may not be available in all countries or territories, even if an exchange is servicing your area. USA and Canada are often excluded from staking, but check each exchange to ensure this is the case.
- Alternatively, you can use exchanges without KYC to bypass regional restrictions.
- APYs mentioned exclude temporary promotional rates, new user bonus yields, or other temporarily available rates. Returns displayed in the table are average, and available to all customers,
Aptos has serious financial backing, and is a strong contender for one of the top L1 networks. Early investors who are in this coin for the long haul have to ensure they get the maximum return on investment. It doesn’t matter how large or small your spot bags are, there is no reason not to consider staking your Aptos coins on some of these reliable and safe exchanges.
