Tron is one of the most popular blockchain networks. It’s not a surprise that Tron staking is popular, and the TRX token has been on the top of the market cap list for years. TRX staking can give you excellent returns on your idle spot holdings.
We did comprehensive research into crypto exchanges, and found the best exchanges for TRX staking. Table below has our results, compared with yearly interest (APY).
| Exchange: | Flexible APY: |
|---|---|
| Binance | 1.96% |
| Bybit | 1.50% |
| CoinEx | 0.13% |
| KuCoin | 1.00% |
| Kraken | 1.00% |
| MEXC | 4.00% |
| Bitget | 2.50% |
| XT | 2.00% |
| Gate | 0.88% |
| HTX | 0.50% |
| Pionex | 2.48% |
| Poloniex | 10.00% |
| CoinW | 0.50% |
| LBank | 4.08% |
| OKX * | 4.01% |
| Bitfinex | 6.50% |
(*) OKX staking for TRX is on-chain, with a 14-day redemption period after un-staking.
Except where otherwise noted, APYs in the table above are for flexible staking. Flexible staking means you can withdraw or use your TRX coins (including accumulated interest) at any time without penalties or fees.
Is staking TRX worth it?
TRX staking has decent yields on many of the above exchanges. If you are a long-term investor and don’t mind holding coins on exchanges, there’s no reason not to take advantage of staking.
Aside from OKX, all exchanges in the above list have Flexible staking. This means there are no lockup or redemption periods for your Tronix. You can trade, use, or withdraw your TRX at any time, and without incurring any penalties or fees. All interest gained during staking is yours too.
Best exchange for TRX staking
APY varies wildly between all these exchanges. Some offer as little as 1% or lower, but ones offering over 4% APY are certainly worth considering. At 4% APY (annual percentage yield), staking TRX worth $1,000 would give you an additional $40 worth of tokens after 12 months.
Currently, the best TRX staking yield is on Poloniex. This exchange has certain ties with this blockchain network, so it’s not a big surprise that you can get the best returns on Poloniex.
What is a surprise, however, is Bitfinex coming at the 2nd place. This old and reliable exchange has been operating since 2012, and while it often gets overlooked by traders, the fact is your coins are safe and sound on Bitfinex. 6.5% annualized return is nothing to laugh at, and long term TRX holders should consider transferring their coins to Bitfinex for safekeeping.
TRX staking calculator
There’s no reason to guess what your returns might be. Take advantage of this simple calculator to estimate your Tron staking returns over 1, 3, 6 months, and 1 year. Simply punch in your investment size (in USD) and expected APY to get a return estimate.
Keep in mind that staking will yield TRX, not USD. If you expect TRX price to increase over a certain period, your USD profits will be higher. Our calculator can not account for this because it’s impossible to predict future TRX prices.
On-chain vs. CEX staking
Staking Tron on decentralized protocols has an average APY of 4,16% (at the time of writing this). This is not even higher than CEXs currently offer. In addition, staking on-chain has its own drawbacks: shady dApps, rug pulls, scams, compromised wallets and many other risks can be scary for inexperienced investors.
Staking on CEXs is typically far safer and has practically no risk. At 4-10% APY it’s also most certainly worth considering.
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. US 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. Poloniex, which offers highest Tron staking returns, has no mandatory KYC.
- APY varies frequently by small percentages, you should verify current rates with on each exchange. We excluded temporary promotional rates, new user bonus yields, or other temporarily available rates. Yields displayed in the table are average and available to all customers,
TRX staking on exchanges is popular and has decent interest rates. For investors who want to earn free TRX tokens with little risk, participating in staking or savings programs can be a profitable venture.
