Tezos is an open-source blockchain that comes with some unique features. The platform comes with the ability to automatically upgrade its protocol and on-chain governance. It’s an energy-efficient network that streamlines the working of decentralized applications and smart contracts. The ecosystem operates on Liquid Proof-of-Stake (LPoS) that allows its native token (XTZ) holders to stake their assets.
With that, they can participate in the network activities while earning potential rewards. Tezos’ smart contract language deploys mathematical methods to ensure the accuracy of its transactions. It supports formal verification and four-phase voting to maintain security along with transparency. Today, a large number of crypto investors indulge in its staking as well. So let’s explore the top platforms to stake XTZ.
Top Platforms to Stake XTZ
The top platforms to stake XTZ enable crypto users to become a part of Tezos while gaining yields.
Coinbase Prime
Coinbase Prime is an institutional-grade cryptocurrency platform that provides DeFi, custody, and trading solutions. It focuses on large firms, hedge funds, proficient investors, asset managers, and high-net-worth individuals. The platform offers a combination of sophisticated trading tools along with a Web3 wallet. Its clients can effortlessly participate in DAOs, on-chain assets, and NFTs while exploring many opportunities.
Also, they can stake multiple coins, including XTZ, whose holders can earn up to 5.60% rewards. The yields are compounded and paid every 30 seconds automatically. Other than that, users enjoy liquidity with a simplified user experience. They also gain access to APIs for the custody and programmatic trading of their assets. On top of that, they get a Smart Order Router for optimized and risk-free trades.
Ledger Wallet
Ledger wallet is a popular option among crypto users who prioritize both security and convenience both. By design, it’s a hardware wallet that comes with a sturdy and portable build. It’s integrated with a Secure Element Chip that fortifies assets from common threats. Being an offline storage unit, it keeps private keys isolated from the online environment. However, the wallet delivers various features of a hot/online storage app too.
Using the Ledger Live app, users can send and receive funds while connecting with various DeFi platforms. They can efficiently manage their portfolio and stake their assets too. XTZ holders can earn up to 3% rewards depending on different criteria. Ledger wallet also lets users sign their transactions internally within the platform’s secure environment. Moreover, it supports storage and management of multiple assets, including NFTs. Many consider it one of the top platforms to stake XTZ.
Binance
Binance is the world’s largest exchange that provides an array of trading and financial solutions. Users can buy, sell, and trade over 350 digital assets while accessing various trading types. They can do spot, margin, and futures, enjoying high liquidity and low fees. The platform offers a wide range of services that help traders accomplish diversified goals. They can access P2P trading, Launchpad, and dedicated payment solutions.
Through Binance Earn, investors can engage with yield farming, flexible savings, launchpool, and staking. XTZ holders can earn from 2.19% to 4.90% based on the locking period they choose. For security, the platform implements Secure Asset Fund for Users (SAFU), KYC, 2FA, and several other measures. It supports Web3 applications, blockchain development, dApps, crypto to fiat conversions, non-custodial wallets, and much more.
Kraken
Kraken is a prominent exchange that allows crypto users to explore various services and infinite possibilities. Users can trade with over 300 assets using their fiat currencies. They can access futures with the leverage of up to 50x and margin with up to 5x, along with spot. To safeguard user information and assets, it implements encrypted storage, 2FA, cold storage, and plenty of other measures. It’s certainly one of the top platforms to stake XTZ.
Its fee structure is also conducive to traders, giving 0% for makers and 0.1% for takers. Kraken executes a large volume of transactions while keeping them fast. XTZ stakers can earn from 12% to 18% APY based on varying conditions. Investors can use advanced tools to improve their trade strategy and analysis. They also utilize liquidity, high performance, 24/7 support and Proof-of-Reserves for transparency.
Guarda Wallet
Staking Tezos (XTZ) on Guarda Wallet combines cutting-edge security with hassle-free earnings for all crypto enthusiasts. The non-custodial, multi-platform wallet allows users to stake XTZ on the wallet’s web, desktop, and mobile versions, all while keeping complete control over their funds. Getting started is easy; just set up your wallet in a matter of minutes. Then, open the XTZ wallet, click “staking,” choose how many XTZ to deposit (minimum of 10 XTZ), and begin staking with the push of a button.
The Guarda built-in baker means users will receive rewards (estimated between 5% to 6%) on a consistent basis, and withdrawal is simple and available at any time. Transparency is also a big plus here; users are able to track their performance, use the built-in calculators and if they wish, select their validator to follow and maximize yield. Everything is safe, and there are multiple yield options, depending on the risk users are willing to accept. Guarda allows users to stake onto Tezos easily, making Guarda Wallet a top choice for staking XTZ.
Guarda Wallet also stands out because it supports over 50 blockchains, features powerful AES encryption, and even allows users to sync with Ledger to transfer funds for additional security. For anyone looking to manage their crypto efficiently with reliable passive income opportunities, Guarda Wallet remains one of the best options for staking on Tezos.
Tezos
Tezos would be the obvious option for crypto users willing to stake XTZ. Its holders can earn up to 4.9% for delegators and 14.7% for bakers automatically. The blockchain makes the monitoring of rewards easy with a block explorer. There are many other merits that draws digital asset holders to this ecosystem. In terms of functionality, it is quite similar to Ethereum but with some enhanced features.
Using XTZ, the holders can pay for transactions and participate in the governance process. It is known for self-amendment capabilities that keep improving the network. The Liquid Proof-of-Stake (LPoS) consensus makes the working of its ecosystem quite energy-efficient. Moreover, it gives support decentralized applications, NFTs, and DeFi protocols. It makes the development and self-execution of smart contracts effective. It’s definitely one of the top platforms to stake XTZ.
Best Wallet
Best wallet is a popular non-custodial hot wallet that delivers a row of features. It supports over 60 cryptos, including major ones and new projects. The wallet is integrated with a DEX aggregator that makes swaps quite cost-effective. It also offers a staking aggregator that delivers high APYs while making the process seamless. XTZ holders can earn competitive yields and access various other Proof-of-Stake assets.
To tighten the security, the wallet implements encryption, biometrics, two-factor authentication, and much more. Currently, it only works on mobile phones and provides easy usage to new as well as experienced users. They can access Web3 games, DeFi platforms, NFT marketplaces, and plenty of dApps. Users get reliable support through live chat, phone, email, and social media.
Atomic Wallet
Staking Tezos (XTZ) through Atomic Wallet is an easy, safe, and secure way to generate passive rewards while keeping full control of your own coins. Atomic wallet utilizes a non-custodial structure, ensuring your staked XTZ remains in your personal address, with delegation rights only transferred, minimizing risk compared to traditional locked staking. Very easy for any user, you just need to download the app, throw in at least 1 XTZ, and select the trusted baker on the platform from its trusted list of bakers. Giving you the added bonus of potentially earning yield and selecting the best validators to earn from.
The staking rewards begin after the first 35-40 days, and then every 3 days thereafter, the user will receive automatic payouts in XTZ directly into their wallet. There are again no staking fees, nor limitations to any withdrawals. You can view potential returns with the built-in ledger calculator in the app based on your staking balance. The Atomic Wallets all-in-one dashboard makes this easy to monitor. You can unstake or transfer your tokens or currency whenever you want. Overall, for Tezos holders who are committed to obtaining both higher APY and staking directly through the blockchain, Atomic is an ideal solution.
Conclusion: Top Platforms to Stake XTZ
XTZ can be done easily using so many other platforms with some easy steps. It’s LPoS structure streamlines block production without fixing the number of its creators. Bakers can run nodes with little hardware and fewer hassles. Users can take care of a few things to maximize their rewards. They can compound their earnings and reinvest some of the earned tokens to maintain a good volume.
In addition, they can assess the baker’s performance and stay abreast of the network’s updates. They can even review and adjust their strategy if needed. To ensure better results, stakers need to choose efficient bakers after checking their performance. The top platforms to stake XTZ make the Tezos network and its advantages more accessible.
Frequently Asked Questions
What is Liquid Proof-of-Stake (LPoS) in Tezos, and how does it benefit XTZ stakers?
Liquid Proof-of-Stake (LPoS) is Tezos’ consensus mechanism, allowing XTZ holders to delegate their tokens to bakers, who validate transactions and earn rewards on stakers’ behalf. This framework increases network security, offers flexible participation, and enables regular, transparent reward distributions.
What are the main security features provided by these top platforms to stake XTZ?
Leading platforms, including Ledger Wallet and Guarda Wallet, feature hardware-based protection, secure element chips, non-custodial structures, AES encryption, two-factor authentication, and built-in calculators to monitor staking outcomes and security. Most exchanges also implement KYC, cold storage, and proof-of-reserves for added safety.
How can users maximize their rewards while staking XTZ on top platforms to stake XTZ?
Users can compound earnings, frequently monitor and reselect efficient bakers, and adjust strategies as market conditions or platform features evolve. Platforms like Guarda and Atomic Wallet allow baker selection for optimal yield and easy performance tracking, which helps stakers fine-tune their passive income.
