eToro

eToro is the oldest among the options listed here as it actually started life out as a digital broker that today includes cryptocurrency markets. Because of its experience in traditional markets, it has a large user base of traders active in stocks, commodities and forex.

As a cryptocurrency broker, eToro also allows for crypto staking from the same platform, focusing on three digital assets: Ethereum (ETH), Cardano (ADA) and Tron (TRX). 

Staking rewards here are based on a distribution share instead of APYs. Bronze members and US clients will receive 75% of staking rewards from eToro, while Diamond members and above will receive 90% of any rewards from staking. Rewards are only calculated after a certain staking period (starting from the 8th day for TRX, 10th day for ADA, and variable for ETH, but you can unstake your digital assets any time – forfeiting rewards if you don’t make the minimum staking period.

Fees on eToro are competitive and long-time regulation from the SEC makes it a reputable option for US citizens, but it also has FCA and ASIC licences.

eToro staking summary:

• No published APYs, but using a reward distribution share where stakers get between 75% and 90% of all rewards from eToro staking yield
• Only 3 digital assets: ETH, ADA, TRX
• Competitive fees and low spreads for other exchange services

Pro: A well established and regulated player.

Con: Can be difficult to predict staking returns.