GRT is the native token of Graph network, a decentralized protocol that empowers decentralized apps in the Web3 space. It particularly handles the querying and indexing of on-chain data to enable blockchains to gain optimized results. The platform utilizes open APIs and sub-graphs to deliver more accessibility. Users can find that data through queries on GraphQL. It’s an open-source ecosystem enabling developers to build apps.
With GRT, the holders gain access to Graph’s structure. They can participate in the governance and earn passive income through staking. On this platform, indexers, curators, and delegators can stake their assets. Due to the innovative side of the network, its token has grown popular among crypto users. Its stakers are gaining potential earning, which makes the top platform to stake GRT valuable for many. So let’s dig into the top platforms to stake GRT and see how they make the innovative blockchain more fruitful.
Top Platforms to Stake GRT
These top platforms to stake GRT help crypto users earn impressive rewards while making the process more adaptable.
Binance
Binance is the largest exchange that makes trading quite prolific for investors. The asset holders can engage with multiple trading types such as spot, futures, and margin. They also get a P2P trading environment that excludes all third parties from trade. For passive income, users can stake assets through Binance Earn. GRT holders can earn from 6% to 15% APY depending on various external factors.
It features a dedicated marketplace for NFTs and a BNB chain for dApps. Moreover, they can access mining pools and crypto loans for financial support. With Launchpad, new projects get the opportunity to gain global exposure. Binance offers an entire suite of apps that provide diverse advantages. Users get a dedicated boosted airdrop, a dedicated wallet, educational resources, and much more. All these platforms make Binance a top contender among the top platforms to stake GRT.
Uphold
Staking The Graph (GRT) is made intuitive and accessible by Uphold, and it is the best option to enter passive crypto earning quickly. Staking on Uphold is a no-hustle, no-frills experience: deposit GRT to your Uphold account, switch on staking, and begin earning yields, with APY as high as 14.5% based on network and market conditions. No advanced validator choices or technical prerequisites are involved, and so this platform is ideal to start with. The rewards are given either on a daily or weekly basis, and you can unstake or transfer money at any point because of the flexible terms.
Uphold handles all the validator functions in the background, aggregates assets and secures them through regulatory control. It should be mentioned that Uphold levies a performance fee (up to 25% of rewards) that affects net yield. Nevertheless, to have smooth and transparent GRT staking with a reputable service, Uphold is the best.
Kraken
Kraken is a leading trading platform known for its investor-centric profile. It lets users buy, sell, and exchange a vast array of digital assets utilizing comprehensive features. They get multiple charting options, indicators, and advanced tools to monitor their portfolio. The intuitive interface makes overall usage convenient for proficient traders as well as beginners. It offers comparison modes and customizable workspaces, too.
Crypto users can access staking and other DeFi services for passive income. GRT stakers can earn up to 10% APY on this platform. For security, Kraken implements two-factor authentication, cold storage, encryption, and lock settings. Users can benefit from multiple order types as well. They can withdraw and deposit cryptos as well as fiat. Kraken offers a dedicated “Pro” model for more sophisticated traders. Many consider it among the top platforms to stake GRT.
Coinbase
Coinbase is a prominent exchange that aims to make crypto more adaptable. The platform lets users buy, sell, and store a wide range of digital assets. It delivers cutting-edge tools that can be used by investors of all proficiency levels. The platform is compatible with various payment methods, letting users start easily. For security, it implements multi-factor authentication, cold storage, and multi-approval withdrawals.
With advanced functionality, the platform is useful for individuals as well as businesses. It offers a “Learn and Earn” program that rewards learners for their efforts. The built-in digital wallet makes storage and management of digital assets seamless. Using the advanced version, traders can access more advanced tools, 550 trading pairs, and a low maker fee. GRT stakers can earn from 7% to 12% APY.
YouHodler
YouHodler is an easy and effective method of passive income through staking The Graph (GRT). It has APYs of up to 15%, which makes it attractive to both novices and seasoned users. It is a painless process; put GRT in your YouHodler wallet and your tokens begin to generate income immediately, without any complicated delegation or validator-selection process. Money is not tied up in a lock-up and you can access it any time. YouHodler is a company that adheres to European and Swiss laws, which guarantees a high level of security and transparency of operations.
The site is characterized by two-factor authentication, multi-level encryption, and responsive customer service. In the case of GRT staking, YouHodler gather funds of users and runs the work of validators, which is why it can be used by those who are not as familiar with the technical aspects of staking. Note transaction and platform fees that can impact your total yield. YouHodler is the best hands-off GRT earning because of low barriers to entry and an easy-to-use interface.
MetaMask
MetaMask is a leading non-custodial wallet used to manage and store crypto assets. It is also compatible with NFTs and supports decentralized applications. Working with multiple blockchains, it lets users send, receive, and swap assets. The user-controlled private keys safeguard tokens from unauthorized access. At the same time, it offers staking on multiple tokens, helping them earn potential rewards.
GRT stakers offer APY from 10% to 15% utilizing native delegation. The wallet is known among crypto users for making portfolio management easier. To enhance security, it implements seed phrase backups and password protection, too. Through MetaMask Snaps, asset holders access advanced functionalities. They include support for non-EVM networks, customized interfaces, transaction insights, and much more. All these platforms make MetaMask a top contender among the top platforms to stake GRT.
Ledger
Ledger is a prominent hardware wallet that provides various features, including staking. It doesn’t just store digital assets but also makes their management possible with the Ledger Live app. Users can buy, sell, swap, and stake a large number of cryptos on this platform. The wallet comes with a Secure Element Chip that provides a tamper-proof environment. To confirm transactions, users just press a button. It’s certainly one of the top platforms to stake GRT.
GRT stakers can earn from 10% to 15% APY with native delegation. Users can also handle NFTs through this device. Moreover, the device comes with different models and functionalities. Their assorted features include Bluetooth connectivity, touchscreen, and wireless charging. In case the users lose access to assets, they can recover them with a service called Ledger Recover. It makes usage simple for beginners and experienced traders.
Atomic Wallet
Atomic wallet is a popular choice among crypto users due to its variegated features. It’s a non-custodial application that supports more than 1000 assets. Users can access a built-in exchange from this platform. They can track their portfolio, interact with dApps, and stake their tokens as well.
GRT holders can earn up to 20% APY with in-app delegation. The user-friendly interface makes usage easy for all types of investors.
To beef up the security, it adds security layers, BIP39 protocols, AES-256, fingerprint scanning, and data encryption. In addition, users access advantages like referral bonuses and cashback on exchanges with the native AWC token. The wallet can be used on desktops as well as mobile apps, ensuring easy access. It delivers 24/7 assistance and facilitates in-app crypto purchases with banking methods at some fee.
Conclusion: Top Platforms to Stake GRT
As mentioned above, GRT staking can be initiated by delegators, indexers, and curators. This multifaceted staking brings varied benefits to users. The network encourages participation from various networks. It pushes for decentralization and brings financial security. Furthermore, the locking up of tokens strengthens the network against suspicious activity.
The top platforms to stake GRT enable crypto enthusiasts to become a part of the Graph ecosystem. Interested users can join a pool or a staking channel easily. The more the bigger their stash of tokens, and the more their chances of gaining rewards increase. Its growing circulation and trading volume indicate that its staking will also become more fruitful.
Frequently Asked Questions
What is GRT staking and how does it work?
GRT staking enables token holders to be a part of the decentralized ecosystem of The Graph by delegating tokens to indexers or validators. Delegators, in turn, are rewarded. The process enhances the security of networks, enables data indexing of dApps and provides stable passive income to investors of different technical expertise.
Which platforms offer the highest APY for staking GRT?
There are a number of platforms that allow GRT to be staked at varying APYs. Atomic Wallet offers one of the best rates of 20% APY. Others that have a good chance are Uphold with up to 14.5%, YouHodler with 15% and Binance with 6%-15% and are popular among passive-income earners.
Is GRT staking suitable for beginners?
Yes, GRT staking suitable for beginners, particularly on custodial exchanges such as Uphold, Binance, and Coinbase, which do all the work of managing validators. MetaMask, Atomic, and Ledger are non-custodial wallets that are targeted at more advanced users who want complete control. Low barrier options and flexible terms are available, so even beginners can easily start staking.
