A Must-Read for Beginners! OnStaking Releases September’s Top Crypto Staking Platform Recommendations
September 2023

For those new to the world of cryptocurrency staking, finding the right platform can be overwhelming. This September, OnStaking—an industry-recognized resource for staking insights—has released a beginner-friendly guide highlighting the best crypto staking platforms for users just getting started.

Why Staking Is Gaining Popularity

Staking allows crypto holders to earn passive income by participating in network validation or locking up their assets in return for regular rewards. It’s a lower-risk alternative to active trading, making it an ideal entry point for newcomers looking to grow their crypto holdings.

“Staking is becoming the go-to strategy for beginners who want steady returns without the stress of day trading,” said an OnStaking analyst. “But the key is choosing a platform that’s safe, simple, and suited for first-time users.”

OnStaking’s Top Beginner-Friendly Platforms – September 2023

Here are the top five platforms that made the cut in OnStaking’s latest beginner-focused ranking:

1. Coinbase Staking – Offers an easy-to-use interface, high security standards, and seamless staking with just a few clicks.

2. Binance Simple Earn – A great choice for users who want flexibility and competitive rewards with minimal effort.

3. Kraken Staking – Regulated, transparent, and beginner-friendly, especially for users based in the U.S. and Europe.

4. Lido Finance – Ideal for Ethereum holders looking for liquidity staking without complex steps.

5. eToro Staking – Designed for investors who prefer a more traditional fintech platform with added crypto functionality.

What Makes a Platform Beginner-Friendly?

According to OnStaking, platforms that are intuitive, require minimal technical knowledge, and provide educational support are best suited for first-time stakers. Key features include:

• Simple onboarding and wallet integration

• Clear APY breakdowns and fee structures

• 24/7 customer support or help centers

• Mobile accessibility and multi-language support

Final Tips for First-Time Stakers

While staking is relatively low-risk compared to other crypto strategies, it’s important for beginners to understand that not all platforms are created equal. OnStaking recommends starting small, reading platform reviews, and avoiding unknown providers.

“Staking is a marathon, not a sprint,” OnStaking noted. “With the right platform, even beginners can start earning passive income safely and confidently.”