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Best place to stake Polygon (POL)

Robert McDougall 

March 25, 2025

Cryptocurrency

Polygon, as a Layer 2 solution built to scale Ethereum, has really picked up steam thanks to its low fees and fast transaction speeds. At the heart of the network is its native token, POL, which plays a key role in keeping the ecosystem running smoothly. As adoption grows, more users are wondering where the best place is to stake their POL.

Staking POL not only gives you the opportunity to earn passive rewards, but it also helps support the network by improving its security and decentralisation. Whether you're looking to stake directly through a wallet, use a crypto exchange, or join a validator, there are a few key things to consider—like reward rates, lock-up periods, fees, and how easy the platform is to use.

In this guide, we’ll break down the best options for staking POL and walk you through what to look out for when deciding where to park your tokens.

Best Places to Stake POL (Polygon) in 2025

  1. Binance - Best place to stake POL 
  2. Bybit - Best for dual asset mining POL 
  3. Crypto.com - Best app to stake POL
  4. KuCoin - Best for staking promotions with up to 3.8% APY 

Where to Stake Polygon?

You’ll find plenty of platforms and exchanges where you can stake POL. We’ve done the research and picked out the best options for you. We considered factors like APY rewards, ease of use, total staked supply, and a few other important details.

#1. Binance

Binance is one of the top platforms for earn interest on your crypto, with over 350 coins available for staking. It offers both fixed-term and flexible staking for POL, so you can pick the option that works best for you.

At the time of writing, the staking rewards for POL are 3.1% APR for 120 days, 2.69% for 90 days, 1.9% for 60 days, 1.79% for 30 days, and 0.69% for 7 days. If you prefer flexibility, the current rate for flexible staking is 0.17% APR.

Binance doesn’t charge any fees or take a cut from your staking rewards, so everything you earn is yours to keep. If you decide to sell your POL, Binance also offers low trading fees of 0.1%, which can be reduced by 25% if you pay with BNB.

The main downside is that Binance isn’t available in the US. While Binance.US exists, it has fewer features. If you’re in the US and want to stake POL, we recommend using Crypto.com instead.

#2. Bybit

Bybit is one of the leading crypto exchanges globally and is our second-best pick for staking Polygon. At the time of writing, the flexible staking reward for POL is 1.00% APR. There’s currently no fixed-term staking option, but Bybit does offer two more advanced alternatives: dual asset mining and liquidity mining.

These options are better suited for experienced investors, as they involve more complexity and risk than regular staking. That said, the potential rewards are much higher. For example, liquidity mining currently offers between 6.71% and 47.01% APR, while dual asset mining ranges from 42.48% to 251.37% APR.

Bybit isn’t available to users in the US, and if you try to visit the site from a US IP, it’ll be blocked. However, with a VPN, you can set your location to Canada and access the platform without issues. No KYC is required, so you can remain anonymous while staking or using any of the advanced earning features.

#3. Crypto.com

Crypto.com is the best mobile app for staking crypto, thanks to its user-friendly design and convenience. There are more than 250+ coins available to buy, sell, and trade on the platform, and you can earn interest on 28 of them—including POL.

At the time of writing, the staking reward for POL (Polygon) on Crypto.com is 3.73% APR. It's a great option for beginners or anyone who prefers managing their crypto from a mobile device.

#4. KuCoin

KuCoin is another well-known crypto exchange, with over 37 million users worldwide. Its 'Earn' section offers a variety of staking options, including for Polygon (POL), with rates that change based on whether you choose flexible or fixed terms.

At the time of writing, flexible staking for POL on KuCoin offers 3% APR. There are also limited-time promotions with higher fixed rates, such as 3.3% APR for 30 days, and 3.8% APR for 60 days.

If you don’t already have POL, you can easily buy or trade it on KuCoin. Trading fees are low at 0.1%, and you can reduce them to 0.08% if you pay using KuCoin’s own token, KCS. It's worth checking KuCoin's website regularly to stay updated on current promotions and get the best available rates.

What is POL?

POL is the native token of the Polygon network, which is a Layer 2 scaling solution built on top of Ethereum. Its main goal is to make Ethereum faster and more scalable, offering quicker transactions and lower fees. POL plays a key role in the Polygon ecosystem and is used for several purposes, including paying transaction fees, earning staking rewards, and participating in governance decisions.

As Polygon has grown in popularity, especially among developers and users looking for a more efficient alternative to Ethereum, POL has become more widely adopted. It continues to be an important part of the network's push to make blockchain technology more accessible and cost-effective.

What is the highest APY for staking Polygon (POL)?

The rewards you earn from staking Polygon will vary depending on which platform you use and how many validators are participating at the time. It's always a good idea to check the most up-to-date APY across different platforms before staking your POL.

At the time of writing, KuCoin had the highest APR at 3.8%, but that was part of a limited-time promotion and might not always be available. Outside of that promo, Crypto.com currently offers the highest standard rate at 3.73% APR.

Pros of Staking Polygon

The most obvious advantage of staking POL is that it lets you earn passive income from your coins. If you’re planning to hold your crypto for the long term anyway, staking is a smart way to make it work for you.

You can also use your POL tokens to take part in governance, meaning you get a say in decisions about potential upgrades or changes to the network.

On top of the personal benefits, staking POL helps support the Polygon network by contributing to its security and decentralisation, which keeps the whole ecosystem running smoothly.

Cons of Staking Polygon

The main downside of staking POL is when you choose a fixed-term option, which locks your coins for a set period. During that time, you won’t be able to withdraw, transfer, or sell your POL. For long-term holders, this might not be a big issue, but if the market moves sharply, it could become frustrating.

If the price of POL drops while your coins are locked, you won’t be able to react or sell to limit your losses. That means the overall value of your holdings could decrease, and it might take a long time for the price to recover. It's definitely something to consider before staking a large amount for a fixed term.

Conclusion

Since Polygon (POL) is one of the more popular coins to stake, there are plenty of solid platforms where you can earn rewards on your holdings. Our top pick is Binance, thanks to its flexible options and high reward potential, but all the exchanges listed here are trusted and widely used.

If you’re looking to stake other coins as well, feel free to check out our guides on where to stake ADAETHSOLSHIBALGOAXS, and DOT.


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