Best Defi staking platforms.Several platforms stand out for DeFi staking in 2024, offering various benefits depending on your needs and preferences:

1. **Nexo**: Known for its competitive and relatively stable APYs, Nexo is highly recommended for both beginners and advanced users. It offers staking on major cryptocurrencies with robust security and insurance policies. Nexo also features a tiered loyalty structure where holding NEXO tokens can increase your APY. However, it is not available to US customers [[❞]](https://koinly.io/blog/best-staking-platforms/) [[❞]](https://www.finder.com/cryptocurrency/earn/best-crypto-staking-platforms).

2. **Kraken**: This platform is ideal for off-chain staking, allowing users to stake without directly interacting with the blockchain. Kraken supports a variety of cryptocurrencies and offers competitive returns, with payouts twice a week. However, due to regulatory issues, staking is not available for US customers.

3. **Crypto.com**: Offering flexible staking options with APYs ranging from 1% to 14%, Crypto.com is a good choice for those who prefer a platform with a wide range of services and exclusive perks for higher tier members. However, the best rates are often available to those who lock up CRO tokens.

4. **Binance**: Known for its user-friendly interface, Binance supports staking for numerous cryptocurrencies with varying APYs based on the staking period and type of crypto. It’s a reliable platform for those looking for a straightforward staking experience.

5. **DeFi Swap**: This platform offers high APYs, up to 75% for DEFC tokens, with the added benefit of cross-chain functionality and yield farming opportunities. It’s a solid option for those looking to maximize their returns through staking and farming.

Each platform has its unique features and benefits, so the best choice depends on your specific requirements, such as the cryptocurrencies you hold, the staking terms you prefer, and any geographic restrictions.