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A bunch of links to help you stake your own crypto if you live in the US and were using Kraken

All Cryptocurrencies

by COINS NEWS 136 Views

A lot of people will now need to figure out how to stake their own crypto without Kraken so I put together a list of resources taken from around the internet to help get you started.

I think this is all the coins/tokens Kraken offered staking on.

DOT - medium difficulty

Start staking natively on Polkadot with as little as 1 DOT: https://dot.li/Reddit_Nomination_Pools

Polkadot nomination pools make it easier to stake natively by lowering the barrier for earning rewards to as little as 1 DOT, and efficiently balancing the interests of smaller and larger DOT holders. To learn more about staking and nomination pools: https://youtu.be/-poP-gkWg7I

For those who want to take the lead, you can open your own nomination pool and allow others to join and pool their stake. The maximum number of pools has just been doubled to 128! Watch the video to learn how to open your pool: https://youtu.be/-krwI0rsSvE

Are you holding more than the minimum active bond, currently around 240 DOT? Then get full control over your staking and the payouts by nominating directly, and start earning up to 18% rewards while keeping your voting power. Start staking now: https://dot.li/Reddit_Nomination_Pools

original comment by u/Rymata

KSM - seems pretty fucking difficult or maybe just for me.

best I could do on this (maybe I'm just stupid)

https://medium.com/coinmonks/how-to-stake-kusama-with-polkadot-js-the-polkadot-browser-extension-befbf9ee6db0

KAVA - easy

See the guide on ATOM - will stake directly from Keplr wallet

no minimum staking amount

21 day unbonding period

ATOM - easy

This on is pretty easy, you will do all staking through your wallet. The easiest wallet to use is Keplr and it is all pretty straight forward after installing the extension.

21 day unbonding period

minimum 0.05 ATOM to stake

step by step guide below.

https://medium.com/coinmonks/a-brief-guide-on-how-to-stake-cosmos-atom-5a5f51d58ea6

XTZ (Tezos)

no minimum required

Liquid staking - no unbonding period

Guide to stake tezos with different wallets

https://np.reddit.com/r/tezos/comments/z4emcs/how_to_stake_tezos_with_different_wallets/

FLOW - easyish

Somewhat easy but requires you to create an account on a website.

The easiest way to stake flow seems to be through a web portal they offer.

walkthrough guide - https://developers.flow.com/nodes/flow-port/staking-guide

video - https://www.youtube.com/watch?v=IkHoERaJ9nc

ETH - medium difficulty to extremely difficult

This is currently not an issue since it's locked up on Kraken and still being staked.

you can also stake on coinbase

if you have 32 eth

https://ethereum.org/en/staking/

if you don't have 32 eth

https://www.exodus.com/news/how-to-stake-eth-with-lido/

https://rocketpool.net/

BTC

no staking for btc but you can loan it if you want I guess

EUR

no staking for Euroc but you can loan it if you want I guess

USD

no staking for USD but you can loan it if you want I guess

ADA - easy

minimum 2.17 ADA required

liquid staking - no unbonding period

https://np.reddit.com/r/Cardano_ELI5/comments/l01bfb/how_do_i_stake_my_ada/?utm_source=share&utm_medium=android_app&utm_name=androidcss&utm_term=1&utm_content=share_button

SOL - easy

pretty straight forward, all done on the phantom wallet

0.01 SOL minimum required

2-4 unbonding period

https://avaulto.medium.com/101-solana-sol-staking-guide-on-a-phantom-wallet-12c63dd1f34c

ALGO - easyish

Algo has governance periods every three months, you have to commit your ALGOs before the deadline.

no minimum required

liquid staking - but if you go below your committed ALGOs you lose your rewards that are paid out at the end of the governance period.

Governance website

https://governance.algorand.foundation/governance-period-6

MINA - easy

1 MINA minimum

liquid staking - no unboding period

https://www.youtube.com/watch?v=L8BKsKnqhCY&t=58s

TRX - easy

1 TRX minimum

3 day unbonding period

you can stake TRON directly from various wallets

https://www.cada.news/best-tron-trx-wallets-for-staking/

LUNA - why?

here is a guide if you really want it.

https://www.btcc.com/en-US/academy/research-analysis/how-to-stake-lunc-everything-you-need-to-know

SCRT - easy

part of cosmos, see ATOM section

MATIC - medium (you need to stake on eth network)

you need ETH for staking transactions

no minimum

3-4 days unboding period

https://np.reddit.com/r/0xPolygon/comments/y75rbm/matic_staking_guides/

GRT

probably best just to do it on coinbase.

if you want to do it yourself - https://medium.com/@pdiomede/how-to-stake-your-tokens-with-the-graph-the-complete-guide-to-become-a-delegator-f037d84775f4

you will need eth for transactions

USDT

no staking for USDT but you can loan it if you want I guess

USDC

no staking for USDC but you can loan it if you want I guess

FLR - difficult

https://www.youtube.com/watch?v=lpxn2rigSQ8&t=311s

There are probably other ways to stake these so feel free to post below on everything I got wrong.

submitted by /u/Odlavso
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