The Best Exchanges For Staking Ethereum 2.0

The successful launch of Phase 0 on Ethereum 2.0 marks the first step towards a more scalable, efficient and profitable network.

The move from Proof of Work (PoW) to Proof of Stake (PoS) marks the end of Ethereum mining. Here are some of the best exchanges that will support staking for Ethereum 2.0:

BINANCE

Binance is the largest crypto exchange in terms of trading volume. So, of course, it is one of the first options investors should consider.

On December 3, 2020, the exchange announced that it would support Ethereum 2.0 token staking. Allows its users to deposit any amount from 0.0001 ETH, promising returns of between 5% to 20% per year.

Binance is offering a promotion where users will get double the profit within a set amount of time.

HUOBI

Huobi Global will also support ETH 2.0 staking.

China's top cryptocurrency exchange announced a feature that will allow users to easily bet on ETH 2.0; converts their standard Ethereum (ETH) token to BETH (Ethereum Beacon token) at a 1: 1 ratio.

HUOBI ANNOUNCED STAKING ETHEREUM 2.0

OKEX

OKEx launched a USDT rewards program for those who decide to use their Ethereum 2.0 staking service and announced in OKEx website and Official OKEx Twitter.

COMING SOON! 📣 Excited to announce ONE-CLICK ETH2.0 staking service will be available @OKEx on Dec 17! #Eth2

What to expect:
🔘 APY up to 20%
🔘 Minimum 0.1 $ETH to stake
🔘 @OKEx as the expenses & risk penalties validator 🕵️‍♂️
🔘 EXTRA $USDT 🎁

Details: https://t.co/VCQSh56Her pic.twitter.com/i2vbsH3T3i

— OKEx (@OKEx) December 4, 2020

KRAKEN

According to Kraken, users who leave their ETH2 tokens on the exchange will be able to get returns of between 5 and 17% per year.

A banner showing Kraken's support for Ethereum 2.0.

COINBASE

On December 1, the Ethereum Beacon up on Chain was launched, initiating a multi-year upgrade to Ethereum 2.0 (ETH2). Coinbase intends to fully support ETH2 through staking and trading.