Staking cryptocurrency through Ledger Live allows you to earn passive income while keeping your assets secure in cold storage. But with dozens of supported coins, how do you know which offers the best returns?
This guide compares staking APYs, lock-up periods, and risks for all major staking coins in Ledger Live, helping you maximize earnings while staying safe.
Please download the last update of Ledger Live Application:
1. Ledger Live for Windows 10/11
2. Ledger Live for MAC
3. Ledger Live for Android
📊 Staking Returns Comparison (2024)
| Coin | Avg. APY | Min. Stake | Unstaking Period | Risk Level |
| Ethereum (ETH) | 3-5% | 0.01 ETH | ~5-7 days | Low |
| Polkadot (DOT) | 8-12% | 1 DOT | 28 days | Medium |
| Cosmos (ATOM) | 10-15% | 0.1 ATOM | 21 days | Medium |
| Solana (SOL) | 6-8% | 0.01 SOL | Instant | Low |
| Cardano (ADA) | 3-5% | 10 ADA | Instant | Low |
| Tezos (XTZ) | 5-6% | 1 XTZ | Instant | Low |
| Polygon (MATIC) | 4-6% | 1 MATIC | 3-4 days | Medium |
| Avalanche (AVAX) | 7-9% | 1 AVAX | 2 weeks | Medium |
(Rates fluctuate based on network conditions. Data: June 2024)
🔍 Key Takeaways
🏆 Highest Yields
- Cosmos (ATOM): 10-15% APY – Best for high returns, but has a 21-day unbonding period.
- Polkadot (DOT): 8-12% APY – Strong yield, but 28-day lock-up.
⚖️ Best Balance (Yield + Flexibility)
- Solana (SOL): 6-8% APY – Instant unstaking, great for traders.
- Avalanche (AVAX): 7-9% APY – Solid returns with 2-week unbonding.
🔒 Safest Options
- Ethereum (ETH): 3-5% APY – Low risk, but 5-7 day withdrawal delay.
- Cardano (ADA): 3-5% APY – No lock-up, good for beginners.
💰 Which Coin Should You Stake?
1. For Maximum Returns → Stake ATOM or DOT
- Best if you’re comfortable with longer lock-ups.
2. For Flexibility → Stake SOL or ADA
- Ideal if you want instant access to funds.
3. For Security & Stability → Stake ETH
- Ethereum’s low risk makes it perfect for conservative investors.
4. For Middle Ground → Stake AVAX or MATIC
- Good yields with moderate lock-ups.
⚠ Risks to Consider
1. Slashing (DOT, ATOM, ETH)
- Validator penalties can cause small losses (~1-5%). Ledger minimizes this risk by selecting reliable validators.
2. Market Volatility
- If the coin’s price crashes, staking rewards may not compensate.
3. Lock-Up Periods
- DOT (28 days), ATOM (21 days), ETH (5-7 days) – Don’t stake funds you might need soon.
4. Tax Implications
- Staking rewards are taxable income in most countries.
🔒 How to Stake Safely in Ledger Live
- Update Ledger Live & firmware.
- Go to “Discover” > “Earn Rewards”.
- Select a coin (e.g., SOL, ATOM).
- Choose a validator (Ledger suggests low-risk options).
- Confirm the transaction on your Ledger device.
🚀 Final Verdict: Best Staking Coins in 2024
| Goal | Best Coin | Why? |
| Highest APY | Cosmos (ATOM) | 10-15% returns |
| Flexibility | Solana (SOL) | Instant unstaking |
| Security | Ethereum (ETH) | Low risk, mainstream |
| Balanced Choice | Polkadot (DOT) | 8-12% APY |
Ready to earn passive income? Open Ledger Live and start staking today! 🚀
(For real-time APY updates, check StakingRewards.com.)