I Tried 5 Crypto Staking Platforms in Australia – Here’s What I Found

Looking to earn passive income from your crypto in 2025? Staking is one of the easiest and most popular ways to grow your digital assets — especially in Australia where more investors are choosing to HODL and earn. But not all platforms are created equal.

I’ve personally tested several staking platforms over the past year, comparing APYs, fees, ease of use, and trust. Here’s my honest 2025 review of the best crypto staking platforms available to Aussies.

1. CoinSpot – Best for Simplicity & Local Trust

Why I Use It: CoinSpot is the most beginner-friendly staking option in Australia. I’ve been using their staking for ETH and ADA for over a year now. It’s easy to use and 100% Aussie-regulated.

• Regulated: Yes (AUSTRAC)
• Coins that You Can Stake: ADA, SOL, AVAX, ETH2.0, DOT, and others
• Staking Rewards: 3% to 8% depending on the coin
• Payout Frequency: Weekly
• Pros:
  • Super clean and easy interface
  • No lock-in periods
  • Aussie customer support
  • Good coin selection
• Cons:
  • Slightly lower APYs than global platforms
  • No advanced staking options

Final verdict: If you only want to set and forget your staking or live in the same area as an exchange you can trust, then this is a good place to start.

2. Swyftx – Best for Auto-Staking and Flexibility

Why I Use It: Swyftx has seriously upgraded its staking tools in 2025. What I love is that you can enable auto-staking, and your crypto starts earning as soon as it hits your wallet.

• Regulated: Yes (AUSTRAC)
• Coins You Can Stake: 20+ including ATOM, ALGO, ETH, ADA, DOT
• Staking Rewards: 3%–12%
• Payout Frequency: Daily
• Pros:
  • Auto-staking feature
  • Transparent APYs
  • Mobile app is intuitive
  • Daily rewards
• Cons:
  • Platform spreads may affect returns
  • Fewer exotic coins

Verdict: Ideal for Aussies who want automatic daily rewards and more flexibility.

3. Binance Australia – Best for High Yields & Features

Why I Use It: Binance offers the highest staking APYs I’ve seen — especially for locked staking and newer coins. I use Binance when I’m actively managing my crypto and chasing higher returns.

• Regulated: Limited regulation in AU (Note: Check status in 2025)
• Coins That Can Be Staked: Over 100 such as ETH, SOL, BNB, and MATIC as well as new DeFi tokens
• Staking Rewards: Up to 20%+ (depending on token and lock period)
• Payout Frequency: Varies (daily/weekly)
• Pros:
  • Huge coin selection
  • Very high yields on locked staking
  • Advanced DeFi and Launchpool options
• Cons:
  • Not beginner-friendly
  • Regulatory concerns in Australia

Verdict: Best for advanced users who know what they’re doing and want to maximise yields.

4. Kraken – Best for Security & Reliable Rewards

Why I Use It: Kraken has never been hacked and has a great reputation. I use Kraken staking for ETH2.0 and DOT when I want security and a steady return.

• Regulated: Yes (globally, but not local AU entity)
• Coins You Can Stake: 15+ major coins
• Staking Rewards: 4%–12%
• Payout Frequency: Weekly
• Pros:
  • Super secure
  • Competitive rates
  • Transparent reward tracking
• Cons:
  • Not AUD native
  • Slower onboarding

Verdict: Great for long-term holders who want reliability and maximum protection.

5. Lido (via MetaMask or Ledger) – Best for DeFi Staking

Why I Use It: For ETH staking, I use Lido via MetaMask. You get stETH in return, which stays liquid. Perfect if you want staking without locking your ETH.

• Regulated: No (DeFi protocol)
• Coins You Can Stake: ETH (main one)
• Staking Rewards: ~3.5%
• Payout Frequency: Continuous
• Pros:
  • Keep liquidity while staking ETH
  • Can integrate with DeFi
  • Fully decentralized
• Cons:
  • More complex setup
  • Not Aussie-supported directly

Verdict: Ideal for DeFi-savvy Aussies who want control and flexibility.

Also Check: Top 5 Crypto Exchanges in Australia (2025 Honest Comparison)

Final Thoughts: Which Platform Should You Choose?

• For beginners: CoinSpot or Swyftx
• For yield chasers: Binance
• For maximum security: Kraken
• For DeFi lovers: Lido

Personally, I diversify across 3 of these platforms to balance returns, security, and flexibility.

FAQs About Staking Crypto in Australia