Solana SOL Staking On Ledger Live! Complete Guide 2023
1. Coinbase Coinbase is one of the most popular crypto platforms in the world and introduced Solana staking in June 2022. Staking SOL on Coinbase is a great option, especially for beginners, as you don’t need to worry about setting up validators, and you start with as little as $1. When you stake Solana on Coinbase, you will automatically start earning rewards every 3 to 4 days. The current APY for SOL on Coinbase is around 4% APY; however, this can fluctuate. Coinbase makes entry into crypto very easy for newbies, but this also comes with a price. Staking Solana on Coinbase comes with a staking fee of 25%. Coinbase Review & Tutorial Staking Solana on Coinbase Coinbase Solana Staking Rate: 4% APY Staking Verdict: Coinbase makes it very easy to stake Solana, but the rate you receive will be lower than its competitors. Coinbase may be worth considering if you already have an account and don’t mind not getting the best interest rate. Coinbase Sign-up Bonus: Click here to get a $10 BTC Bonus when you sign-up to Coinbase. Coinbase Sign-uo 2. Binance Exchange Binance is the world’s largest crypto exchange, offering investors some of the lowest fees in the industry, high liquidity and hundreds of trading options. Created by Changpeng Zhao in China in 2017, the crypto exchange relocated to the Cayman Islands. Binance.US is the U.S. version of Binance.com but offers investors fewer cryptocurrencies to trade and features. Binance.com has a few different options when it comes to staking SOL. Unfortunately. Binance.US users cannot stake Solana and will need to look for another option mentioned in this guide. Binance offers its users some of the best Solana staking rates in the market. However, these promotions are only for short amounts of time. Realistically, to stake Solana on Binance Earn, you will be looking to lock up your SOL tokens for either 30, 60 or 90 days. Normally the longer you lock up your tokens, the higher the interest rate you will receive. Just be aware that these subscriptions do expire, and the interest rates do change. Binance Solana SOL Staking Rates; 30 Days Locked Staking – 5.86% 60 Days Locked Staking – 7.50% 90 Days Locked Staking – 14.79% 120 Days Locked Staking – 19.47% 15 Days Fixed Savings – 35% Flexible Savings – 1.50% Binance calculates its staking interest daily, but if you break the lock-up period early, you will lose any accrued interest. With so many features, Binance can be a little daunting for users new to investing, but you will quickly get used to it. We also have a few Binance beginners tutorials if you need further assistance. For those who are looking for an easy way to earn interest from their SOL tokens, Binance could be a great choice. Not only does Binance offer ways that you can trade SOL, but you can also stake and earn a yield. Binance Review & Tutorial Binance Solana Staking Binance Solana Staking Rate: up to 35% APY Staking Verdict: We personally do stake crypto on Binance and have never experienced any issues. If you have a Binance account and trust the platform, it may be worth considering staking SOL on Binance. However, we don’t stake Solana on Binance Earn. Binance Sign-up Bonus: Click here to get 20% off trading fees, plus a bonus of up to $100 when you sign-up for Binance. Binance Sign-up Bonus 3. Huobi Global Huobi Global is a crypto-to-crypto exchange founded in China in 2013 and has since been relocated to Seychelles. Although available in most countries worldwide, Huobi isn’t available in the U.S. Huobi Global Solana staking is similar to Binance but with lower interest rates. They offer a few staking options on their Huobi Earn feature, with Fixed, Flexible, and First Timer investing options. Previously, with staking SOL on Huobi, you could earn around 5.35% APY, which is much lower than some of its competitors. You will find Huobi does run special promotions and has offered limited-time rates as high as 50% APY for SOL.
1. Coinbase Coinbase is one of the most popular crypto platforms in the world and introduced Solana staking in June 2022. Staking SOL on Coinbase is a great option, especially for beginners, as you don’t need to worry about setting up validators, and you start with as little as $1. When you stake Solana on Coinbase, you will automatically start earning rewards every 3 to 4 days. The current APY for SOL on Coinbase is around 4% APY; however, this can fluctuate. Coinbase makes entry into crypto very easy for newbies, but this also comes with a price. Staking Solana on Coinbase comes with a staking fee of 25%. Coinbase Review & Tutorial Staking Solana on Coinbase Coinbase Solana Staking Rate: 4% APY Staking Verdict: Coinbase makes it very easy to stake Solana, but the rate you receive will be lower than its competitors. Coinbase may be worth considering if you already have an account and don’t mind not getting the best interest rate. Coinbase Sign-up Bonus: Click here to get a $10 BTC Bonus when you sign-up to Coinbase. Coinbase Sign-uo 2. Binance Exchange Binance is the world’s largest crypto exchange, offering investors some of the lowest fees in the industry, high liquidity and hundreds of trading options. Created by Changpeng Zhao in China in 2017, the crypto exchange relocated to the Cayman Islands. Binance.US is the U.S. version of Binance.com but offers investors fewer cryptocurrencies to trade and features. Binance.com has a few different options when it comes to staking SOL. Unfortunately. Binance.US users cannot stake Solana and will need to look for another option mentioned in this guide. Binance offers its users some of the best Solana staking rates in the market. However, these promotions are only for short amounts of time. Realistically, to stake Solana on Binance Earn, you will be looking to lock up your SOL tokens for either 30, 60 or 90 days. Normally the longer you lock up your tokens, the higher the interest rate you will receive. Just be aware that these subscriptions do expire, and the interest rates do change. Binance Solana SOL Staking Rates; 30 Days Locked Staking – 5.86% 60 Days Locked Staking – 7.50% 90 Days Locked Staking – 14.79% 120 Days Locked Staking – 19.47% 15 Days Fixed Savings – 35% Flexible Savings – 1.50% Binance calculates its staking interest daily, but if you break the lock-up period early, you will lose any accrued interest. With so many features, Binance can be a little daunting for users new to investing, but you will quickly get used to it. We also have a few Binance beginners tutorials if you need further assistance. For those who are looking for an easy way to earn interest from their SOL tokens, Binance could be a great choice. Not only does Binance offer ways that you can trade SOL, but you can also stake and earn a yield. Binance Review & Tutorial Binance Solana Staking Binance Solana Staking Rate: up to 35% APY Staking Verdict: We personally do stake crypto on Binance and have never experienced any issues. If you have a Binance account and trust the platform, it may be worth considering staking SOL on Binance. However, we don’t stake Solana on Binance Earn. Binance Sign-up Bonus: Click here to get 20% off trading fees, plus a bonus of up to $100 when you sign-up for Binance. Binance Sign-up Bonus 3. Huobi Global Huobi Global is a crypto-to-crypto exchange founded in China in 2013 and has since been relocated to Seychelles. Although available in most countries worldwide, Huobi isn’t available in the U.S. Huobi Global Solana staking is similar to Binance but with lower interest rates. They offer a few staking options on their Huobi Earn feature, with Fixed, Flexible, and First Timer investing options. Previously, with staking SOL on Huobi, you could earn around 5.35% APY, which is much lower than some of its competitors. You will find Huobi does run special promotions and has offered limited-time rates as high as 50% APY for SOL.