[Edmond Dantes]

I want to stake some crypto for about 3 months. I need good place/wallet to do so. It’s not much about the APY, I just want to lock the crypto in.

I’m from Europe. Ideal will be mobile wallet.
Thank you !

[SUI-3183372]

I want to stake some crypto for about 3 months. I need good place/wallet to do so. It’s not much about the APY, I just want to lock the crypto in.

I’m from Europe. Ideal will be mobile wallet.
Thank you !

10,000 different cryptos can be staked. You'll need to be a bit more specific.

What else are you looking for in a coin?

[Edmond Dantes]

10,000 different cryptos can be staked. You'll need to be a bit more specific.

What else are you looking for in a coin?

I want to stake XMR BTC, LTC and possibly TON

[SUI-3183372]

I want to stake XMR BTC, LTC and possibly TON

XMR, BTC, and LTC are Proof of Work coins, there's no native staking for these coins.

Some centralized platforms may offer yield for you to hold these coins on their platforms, but that's not staking.

You can wrap these tokens and move them over to another chain's defi landscape and put them to work earning yield that way, but that's also not staking.

TON you can stake straight from their wallet

[Edmond Dantes]

XMR, BTC, and LTC are Proof of Work coins, there's no native staking for these coins.

Some centralized platforms may offer yield for you to hold these coins on their platforms, but that's not staking.

You can wrap these tokens and move them over to another chain's defi landscape and put them to work earning yield that way, but that's also not staking.

TON you can stake straight from their wallet

I appreciate the info and thanks for explaining to me !

[Jinkow]

JUST PICK ONE FROM THE APP STORE

[Omniscient]

Be careful with staking. I find the underlying token loses value. You think yield is good until you see the decline of the token price.

You have 1000 token Y at $1 per token . They give you 10% yield for staking. After a year you have 1100 Y tokens but the price is now .80. Congrats you just turned your $1000 into $880 but you have more Y tokens.

IMHO, you want stablecoins like USDT or USDC with platforms for yields.

Unfortunately it's usually the CEX's which offer good yields.

https://www.kraken.com/defi-earn

But there are DeFi's on DEX's too.

https://morpho.org/

[5chn4pp]

The only coin I use for staking is SOL.

This is because Solana has native staking, you can do it directly from a non-custodial wallet and hold your keys private.

But perhaps a better question is, why do you want to stake?

I only view it as merely an anti-inflation function. Not for actual gains or other benefits. Even for anti-inflation, it may not be the best option depending on your goals.

[Dipu4u]

pick anyone app which has been around from some time in market and have alot of userbase