XRP army needs all the help they can get when it comes to increasing their portfolio size, right? But jokes aside, XRP staking can be a profitable venture for those who are in Ripple for the long haul.
To assist you in making the most out of your portfolio, we compared XRP staking yields on centralized exchanges. This gives you a quick glimpse into how much you can expect to get annually by participating in savings or earn programs.
| Exchange: | Flexible APY: |
|---|---|
| Binance | 1.20% |
| BingX | 2.50% |
| Bybit | 1.90% |
| KuCoin | 0.002% |
| MEXC * | 0.45% |
| Bitget | 0.36% |
| XT | 1.30% |
| Gate | 0.88% |
| HTX | 8.00% |
| Pionex | 0.90% |
| Poloniex | 2.00% |
| CoinW ** | 0.10% |
| Bitrue | 1.50% |
- (*) MEXC has tiered rates for XRP staking. 6% APY for up to 500 XRP, 1.80% APY for 500-1000 XRP, and 0.45% for over 1,000 XRP staked.
- (**) On CoinW, staking under 100 XRP gives you a 3% APR. Any amount over 100 XRP has 0.1% APR.
Is staking XRP worth it?
All exchanges listed have flexible staking periods. Flexible staking means you can withdraw or use your XRP coins (including accumulated interest) at any time without penalties or extra fees.
Because of flexible durations, XRP staking on exchanges comes with virtually no risk. You can unstake, trade and withdraw your XRP coins at any time. Even for frequent traders, staking can be a way to get extra income.
Biggest downside to staking XRP are low returns. XRP gives you significantly lower yields compared to many other coins and tokens on the market. Best you can get right now is 8,00% APY on HTX, which is actually quite high. Most other exchanges are averaging between 1% and 2% in yearly returns.
An exchange definitely worth considering for XRP holding and staking is Bitrue. It may not have the highest XRP staking returns, but Bitrue has many XRP trading pairs. This makes it easy to convert your XRP into other altcoins without additional fees.
Regardless of returns, if you believe in Ripple and hold XRP for a longer duration, there is no downside to getting extra income from staking.
XRP staking returns calculator:
Our calculator will estimate potential returns for XRP staking after specific periods. Remember that we can’t predict future XRP prices, therefore the tool uses USD amounts. On exchanges, actual staking yields will be in XRP. Because of this, your USD returns can be higher if you expect XRP price to be priced higher after some time.
A few things to remember:
- Savings, staking or earn programs are usually not available in USA and Canada. Check each exchange to ensure they offer staking your territory. Alternatively, you can use exchanges without KYC to bypass regional restrictions.
- APY may vary by small percentages. You should confirm current rates with 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,
Despite XRP staking having low returns, many bag holders opt into getting additional interest. Participating in staking can provide you with free XRP coins with almost no risk.
