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Author: Admin | 2025-04-28
Ledger and start staking. Note that the third party wallet manages your crypto.Where Can You Earn The Highest Staking Rewards on a Hardware Wallet?As of March 2022, here are two of the top hardware wallet where you can earn the highest staking rewards:Ledger: 6% for XTZ, 7% for TRX, 8-10% for ATOM, 5-6% for ALGO and 10% for DOT (yields are an estimate and have not taken into account validator’s fees or commissions)Trezor: Trezor wallet does not support direct staking on its UI. However, you can connect to wallet apps like Exodus. Yields are 8.98% for ATOM, 4.91% for ADA, 5.46% for XTZ and more.From the attractive yields above, it is clear why staking has grown so popular among crypto holders, as it gives them additional income from the crypto sitting in their accounts. Furthermore, with eye-popping hundred percent yields in some protocols, staking has properly cemented its place in the world of crypto. However, before you leap into the world of staking, here are some upsides and potential disadvantages you should consider.Some of the benefits of staking crypto:Passive income generation – yields can range from attractive to outright outrageous, and can provide passive income catering to people with different risk appetitesLow entry – staking is easy and can be done in a few simple clicks, especially with major exchanges now offering staking services. Users do not need a huge amount to get started and staking is also energy efficient.However, you might ask: is staking crypto safe? Here are some
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