Tezos (XTZ) staking can give you decent returns on your idle spot holdings. Staking XTZ on centralized exchanges (CEXs) is a reliable and safe way to earn more $XTZ tokens with little risk.
We took a glance at all the exchanges to find out which ones offer the best APY (yearly interest) for Tezos staking. These are the results!
| Exchange: | Flexible APY: |
|---|---|
| Binance | 0.49% |
| Bitfinex | 4.50% |
| Bybit | 1.00% |
| Coinbase * | 4.62% |
| Gate | 0.88% |
| HTX | 1.50% |
| KuCoin | 2.00% |
| Kraken | 4.00% |
| Poloniex | 1.20% |
(*) – There is a 14-day unstaking period on Coinbase. You can unstake at any time, but you can not use or trade your tokens during this period.
APYs in the table above are for flexible staking. Flexible staking means you can withdraw or use your XTZ coins (including accumulated interest) at any time, without penalties or additional fees.
Best exchange for staking XTZ
Highest yield for XTZ staking is currently on Coinbase. There is a catch, unfortunately. Unstaking requires having to go through a two-week long period, during which you are not able to trade or transfer your tokens.
Therefore, the best staking exchange for XTZ is Bitfinex. Your coins are very safe on this very old and reliable exchange, and high Tezos staking yields are a welcome surprise.
Kraken is another behemoth exchange with a 3rd place at 4% APY. There’s plenty of other good staking yields on Kraken, making this exchange on of the best choices for long-term holding of various top-tier coins.
Is staking Tezos worth it?
If you are not actively trading your XTZ tokens and simply want to hold them on an exchange for a longer term, it’s hard to come up with a reason not to take advantage of staking.
All of the above exchanges offer flexible staking without lockup duration. This means you can trade, sell or withdraw your XTZ at any time. There are no delays, penalties or additional fees involved with unstaking. You also get to keep all interest accumulated. This is welcome news for those who want to be able to sell XTZ in case of a sudden price increase.
APY varies wildly between all these exchanges. Some offer as little as 1% or lower, but ones offering ~4% yields are worth considering. At 4% APY (annual percentage yield), staking XTZ worth $1,000 would give you an extra $40 worth of tokens after 12 months.
XTZ staking calculator:
Let’s make it simple: use our calculator and decide for yourself is staking Tezos is worth it for you:
Remember, staking yields are always in the same asset (XTZ in this case), and not USD. This means that your final earnings can be higher if you expect XTZ price to appreciate.
Keep this in mind:
- Savings or staking may not be available in all countries or territories, even if an exchange is servicing your area. US and Canada are often excluded from staking, but check each exchange to ensure this is the case.
- Alternatively, you can use crypto exchanges without KYC and VPNs to bypass regional restrictions.
- You should verify current APY rates with on each exchange. We exclude temporary promotional rates, new user bonus yields, or other temporarily available rates. Yields displayed in the table are average and equally available to all customers,
Tezos staking on exchanges is popular, despite APYs not being particularly lucrative. For investors who want to earn free XTZ tokens with little risk, participating in staking or savings programs can yield decent returns with very little risk.
