We compared numerous popular staking options, looking at net APY after fees, historical pool uptime, security audits, and user reviews. Daedalus is our pick for security and consistent rewards, while Binance leads the exchange category for ease of use and liquidity.
How to stake Cardano (step by step)
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Buy or transfer ADA into a staking‑friendly wallet or exchange.
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Pick a staking option: full‑node wallet, light wallet, exchange, or hardware.
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Select a pool: check fee, saturation level, and historical uptime.
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Delegate ADA by following the wallet’s “Stake” or “Delegate” prompt.
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Earn rewards: every epoch (roughly five days) new ADA appears in your balance.
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Redelegate or withdraw at any time after an epoch if you want to switch pools.
Learn more: What Is Cardano?
Where to stake Cardano
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Dedicated wallets (Daedalus, Yoroi)
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Hardware wallets (Ledger, Trezor)
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Multi‑asset hot wallets (Exodus)
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Exchanges (Binance, Binance US)
Calculate your crypto gains with our free crypto profit calculator.
Top Cardano staking platforms
Here are our picks of the top Cardano staking platform. Note that rates and details are subject to change.
Learn where to buy Cardano.
Binance/Binance.US
Best Cardano staking exchange
Binance folds ADA staking into the same dashboard traders already use for spot, margin, and futures, so earning yield is as easy as clicking “Simple Earn” and moving coins from your exchange wallet to a flexible staking slot. Rewards start after one epoch and can be redeemed or redelegated at any time, making this the least technical path to passive ADA for people who keep funds on a major exchange.
– Pros & Cons
Pros
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One‑click staking for existing Binance users
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High liquidity and instant swaps back to fiat
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Mobile and desktop dashboards show real‑time yield
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Flexible staking periods (no long lock or early‑withdrawal fee)
Cons
– Why our experts picked it
Binance packages trading, lending, and staking under one login, making ADA rewards almost effortless for active traders.
Who is it best for?
People already trading on Binance who want hands‑off staking without installing extra software.
Daedalus
Best Cardano staking wallet overall
Daedalus spins up a full Cardano node on your computer, downloading every block so you can verify the chain yourself rather than trusting a remote server. That local copy lets you inspect pool stats in real time, delegate to multiple operators from one interface, and watch rewards roll in at the end of each five‑day epoch with no intermediary in the middle.
– Pros & Cons
Pros
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Full‑node wallet (self‑verifies every block)
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Complete freedom to choose or change pools
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Developed and maintained by Cardano core engineers
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Supports unlimited wallets inside one app
Cons
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Downloads the entire blockchain (needs disk space and bandwidth)
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Desktop only, no mobile version
– Why our experts picked it
Running a full node keeps you in the loop on network updates and pool stats, while eliminating reliance on third‑party servers.
Who is it best for?
Long‑term ADA holders who want maximum security, transparency, and say in pool selection.
Exodus Wallet
Best hot Cardano staking wallet for multiple cryptocurrencies
Exodus wraps ADA staking inside a polished multi‑asset wallet that also holds Bitcoin, Solana, and more than 250 other coins, so you can manage an entire portfolio and claim staking rewards without hopping between apps. A built‑in swap engine lets you trade into or out of ADA instantly, then re‑delegate with two taps on desktop or mobile.
– Pros & Cons
Pros
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Attractive, beginner‑friendly interface
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Built‑in swap for 250+ assets
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Works on desktop and mobile
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No account signup or KYC required
Cons
– Why our experts picked it
Exodus lets you stake ADA and manage a multi‑coin portfolio in the same place, perfect for users balancing several Proof‑of‑Stake assets.
Who is it best for?
Investors who want one wallet for many chains and a quick path to staking without a steep learning curve.
Ledger
Best Cardano staking hardware wallet for security
Ledger stores your ADA keys in a secure‑element chip that stays offline unless you physically confirm a transaction, shielding funds from malware or browser exploits. Pair the device with Yoroi or AdaLite, pick a stake pool, and the hardware signs each delegation request so rewards can accrue while private keys never leave the device.
– Pros & Cons
Pros
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Private keys stored in a secure chip offline
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Supports Yoroi, AdaLite, and other ADA staking portals
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PIN and passphrase protection add extra layers
Cons
– Why our experts picked it
Offline key storage plus Cardano pool support gives Ledger an edge for users who treat ADA like a long‑term vault asset.
Who is it best for?
Holders willing to trade a little convenience for maximum protection against online threats.
Trezor
Best Cardano staking wallet hardware wallet
Trezor stands out as a premier hardware wallet for securely staking Cardano (ADA). As a hardware wallet, Trezor keeps your ADA assets offline, away from potential online threats. Its strong security measures, including PIN protection and passphrase encryption, provide peace of mind for your investment.
– Pros & Cons
Pros
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Simple onboarding wizard and clear screen prompts
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Works with several third‑party Cardano wallets
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Open‑source firmware audited by security researchers
Cons
– Why our experts picked it
Trezor marries hardware protection with a beginner‑friendly workflow, ideal for users new to hardware security models.
Who is it best for?
ADA investors looking for offline key safety plus an uncomplicated setup process.
Yoroi
Best Cardano staking wallet for mobile
Yoroi is a lightweight wallet that starts staking in under a minute: install the browser extension or mobile app, load ADA, browse pool metrics, and tap “delegate.” Because it streams blockchain data from trusted relays instead of syncing the full chain, Yoroi suits users who want quick, low‑resource staking on phones or low‑power laptops.
– Why our experts picked it
Yoroi delivers fast setup on a phone or laptop, letting users start staking in minutes without heavy system requirements.
Who is it best for?
Mobile‑first users and newcomers who want to stake ADA but cannot run a full node.
Advantages of staking Cardano
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Earn passive ADA rewards without trading
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Help secure and decentralize the network
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No strict lockups (funds liquid after each epoch)
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Energy‑efficient Proof‑of‑Stake model
See our expert picks of the best crypto wallets.
Disadvantages of Cardano staking
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Rewards fluctuate with pool performance and network load
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ADA price volatility can offset earned tokens
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Running a full‑node wallet uses storage and bandwidth
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Poorly run pools may slash returns
Learn more about Cardano taxes.
Risks of staking Cardano
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Market swings reduce reward value in fiat terms
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Delegating through an unvetted platform invites custodial risk
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Pool downtime lowers payout for that epoch
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Future regulatory changes could affect staking yields
See our expert picks of the best crypto trading bots.
Taxes when staking Cardano
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Rewards count as ordinary income on the day they hit your wallet.
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Later sales of those rewards trigger capital gains or losses.
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Track date, ADA amount, and dollar value for each payout.
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TokenTax can ingest wallet CSVs and auto‑calculate both income and gains.
Learn more about Cardano taxes.
Is staking taxed in ADA?
Yes. The IRS views newly minted ADA as income measured in dollars at receipt. Selling or swapping that ADA later is a separate taxable event.
Use our free crypto tax calculator.
Cardano staking FAQs
Why can’t I stake Cardano using a crypto exchange?
Is it worth staking Cardano?
Can I lose ADA by staking?
How much can you earn from staking Cardano?
Can I unstake my ADA anytime?
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