Crypto staking is a new activity that has revolutionized the face of cryptocurrencies and provides a new use case for investing. As Proof of Stake – PoS networks expand, so will this powerful investment tool.
If you have crypto investments that are gathering dust somewhere, you may want to take the time to research your options and see if you can stake them. As always, do your own research and weigh your risks. In this article we will look at the largest Dutch exchanges that offer crypto staking.
What is staking?
Staking is when you secure a token for a certain period of time in order to support the blockchain network or DeFi protocol.
Staking will primarily be used by blockchains with the Proof-of-Stake (PoS) consensus mechanism, where validators need staked tokens to verify transactions.
By simply being rewarded by staking tokens, staking is one of the easiest ways to earn a return.
Comparison Dutch Exchanges
Exchange | Bitvavo | Bitladon | Coinmerce | Litebit |
# Crypto to earn | 17 | 26 | 41 | 4 |
Stablecoin Staking | ✅ | ✅ | ✅ | ❌ |
Rates | Dai- 6.10% Tether – 6.10% USD Coin – 6.10% | TrueUSD – 5.00% USD Coin – 5.00% Dai – 5.00% | TrueUSD – 6.00% Binance USD – 6.00% USD Coin – 6.00% Pax Dollar – 6.00% | ❌ |
Fees | 0,25% | 2% | Between 0,4 ~ 2,5% | Between 0,25% ~ 3% |
Bitvavo
Bitvavo is the largest exchange in the Netherlands and offers you the opportunity to stake various cryptocurrencies. At the time of writing, you can passively earn from 17 different cryptocurrencies, which can be staked on the exchange. Bitvavo rewards users who lend their Bitcoin and Ethereum with an annual interest rate of 1%.
The annual return you can earn will depend on the type of cryptocurrency you will stake. Your stake rewards will be received in the form of your staked cryptocurrency and will be added automatically every Monday. Be sure to check out our Bitvavo staking page for more info.
Bitladon
On Bitladon you can put 26 different cryptocurrencies to work. Unfortunately, it is not possible to earn on Bitcoin or Ethereum. Altough, at Bitladon you can stake three different stablecoins, each with a staking rate of 5%.
At Bitladon, your staking rewards are calculated and paid out every 24 hours. These rewards are paid out into your wallet, automatically increasing the amount you stake. Be sure to check out our Bitladon staking page for more info.
Coinmerce
Staking or earning at Coinmerce can be done within minutes. Besides the majors, the exchange offers various other cryptocurrencies, 41 to be exact where you can earn a little extra. You can earn 0.80% on Bitcoin and 2.02% on Ethereum.
Staking rewards are received at the end of the week and calculated on the days you activated the staking function.
There is a possibility to stake stablecoins on Coinmerce. For more info check out the table below or visit the Coinmerce staking page here on YourCryptoLibrary.
Litebit
Currently on Litebit, there are only four options available to earn more cryptocurrency. Making the exchange lagging behind its Dutch competitors. Litebit does have another program called Litebit Earn where you can, just like staking, earn additional returns on your crypto. The table below lists those cryptocurrencies. For more info about Litebit Earning visit our page here.