However, if you plan to stop staking and withdraw your assets, there is a 24 hour wait period that helps Binance.US ensure that balances are accurately accounted for during its daily staking calculations.Awesome to see! Can we expect more options in the future?- MC Crypto June 7, 2022 This is because there isn't a lock-up period (certain amount of time you're required to hold/stake assets at Binance.US). If you want to start or stop staking, you can do so at any time. ALGO: 8% - 10% rewards distributed monthly.ATOM: 6% - 9% rewards distributed monthly.XTZ: 6% - 7% rewards distributed monthly.Vechain: 1% - 3% rewards distributed monthly.ONE: 2% - 3% rewards distributed monthly.EOS: 0.5% - 1.0% rewards distributed monthly.QTUM: 1-2% rewards distributed monthly.But the two exchanges differ when it comes to which assets you can stake.īinance's staking rewards apply to the following cryptocurrencies: Plus, for each coin, rewards are typically calculated daily and paid monthly, and the crypto exchange charges zero fees for staking. Like Coinbase, Binance.US supports staking for several coins. Limited selection of assets for staking.Staking rewards are available for seven different assets no lock-up periods, and you can stop or start staking assets at any time.
Read our full review of Coinbase » Are Binance.US's staking rewards right for you? Pros Ethereum: 4.50% interest rate daily payout rateĬoinbase also lets you transfer existing crypto balances from external crypto wallets to stake through its platform (these transfers have a $0 fee).The reward amounts and payout rates vary per cryptocurrency, and you'll only need at least $1 to get started.Ĭoinbase offers rewards for the following cryptocurrencies: And at Coinbase, you can stake multiple assets without paying any fees. Staking is a popular way to passively earn crypto by simply holding on to minimum balances of certain cryptocurrencies. Limited selection of cryptocurrencies and digital assets to stake.You have the option of staking four cryptocurrencies and two stablecoins.Can earn extra money for dai, tezos, and algorand if you watch educational videos on the assets through Coinbase Earn.Staking for seven assets, rewards up to 10% for certain crypto, monlthy payout rate applies to every asset, and no lock-up periods for assetsĪre Coinbase's staking rewards right for you? Pros
Staking for four cryptocurrencies and two stablecoins Coinbase Earn rewards for dai, tezos, and algorand $1 minimum balance requirement and free transfers from external wallets for staking Qtum, eos, one, vechain, tezos, cosmos, and algorand Plus, Coinbase also pays out rewards more frequently than Binance.US.Įthereum, algorand, cosmos, tezos, dai, and USD coin In addition, while the two exchanges vary when it comes to the cryptocurrencies and assets that are available for staking, Binance.US offers higher staking rewards.īut Coinbase is arguably a better choice for beginners who value educational resources and want to earn additional rewards from programs like Coinbase Earn. When it comes to Coinbase and Binance.US, both exchanges have a fairly limited selection of assets that you can stake. However, most platforms require you to have a minimum balance of each asset to begin staking, and this varies by both asset and exchange. With staking, you can earn extra cash by storing certain amounts of cryptocurrencies. Binance.US staking: The biggest differences Coinbase is a better choice for those in search of more frequent payout rates and more educational resources. Bottom line: Coinbase and Binance.US both support staking for multiple cryptocurrencies and digital assets, but Binance.US is best for those in search of the highest rewards.