5 Non-Custodial Wallets That Let You Stake Your Coins for High APY While Keeping the Upper Hand

Non-custodial wallets are now an essential tool for cryptocurrency users who prioritize both security and the ability to grow their assets

Non-custodial wallets are becoming increasingly popular among cryptocurrency users who prioritize both security and the ability to grow their assets. Unlike custodial wallets offered by exchanges like Binance or Bitgo, non-custodial wallets give users full control of their private keys, minimizing the risks of third-party theft or fraud.

Many non-custodial wallets also offer staking opportunities. This is an increasingly popular investment method in the crypto universe that allows users to earn passive income by committing their assets to support blockchain networks.

In this guide, we’ll showcase some of the best non-custodial wallets for staking, starting with NOW Wallet, a top wallet that is best known for offering competitive rewards, customizable staking periods, and user-friendly interface.

1. NOW Wallet: Combining Flexibility, Security, and High Rewards

NOW Wallet, developed by the instant crypto exchange ChangeNOW, is designed to make staking easy and rewarding for everyone, whether you’re just getting started or have years of experience in crypto. One of the more attractive features is the flexibility offered in staking periods, allowing investors to choose from durations of 1, 3, 6, 12, 24, and 36 months. This level of customization is rare in the market but NOW Wallet does a good job in making it easier to align your staking strategy with your financial objectives.

If you’re looking for superior returns, NOW Wallet delivers. Staking Tron (TRX) on NOW Wallet, for example, offers some of the best APYs in the market at 5% a year. For comparison, Coinbase offers a lower 4.65% yield, while Kraken’s rates start at just 3%. The best part of NOW Wallet’s staking platform is you don’t need much to get started as staking requires just one token with a minimum duration of only one month.

For those looking for even higher returns, staking the wallet’s native NOW Token (NOW) can generate up to an impressive 6.25% yearly return, with profits distributed on a weekly basis. Of course, you can also stake popular coins like Solana (SOL) and Cardano (ADA), among several others.

NOW Wallet also supports crypto purchases in over 60 fiat currencies through bank accounts and Visa/MasterCard, making it easy to buy cryptocurrencies directly within the app and immediately start staking them afterwards. Note that, although NOW Wallet can be used without registration or KYC, KYC is required for fiat-to-crypto and crypto-to-fiat transactions through its partner services. The wallet also enables cross-chain swaps, allowing users to seamlessly exchange cryptocurrencies across more than 70 blockchains directly within the app.

With availability on mobile (Google Play and App Store), desktop (macOS, Windows, and Linux), and web platforms, NOW Wallet is designed to manage your portfolio and stake your assets whenever and wherever you want.

2. Trust Wallet: A Solid Choice for Simplicity

Trust Wallet boasts a solid reputation among the crypto community for its simplicity and ease of use, especially for beginners. Its user-friendly interface makes staking hassle-free as rewards are deposited into the user’s wallet.

Trust Wallet supports staking for many of the popular tokens, including Binance Coin (BNB), Cosmos (ATOM), and Tron (TRX). Users can take advantage of multiple opportunities to earn passive income and have the staking rewards deposited automatically into their wallet.

Trust Wallet may not be the best choice for all investors as staking terms are dictated by individual blockchain networks. This means investors have limited choice in the lock-up periods for some tokens. As such, Trust Wallet isn’t necessarily the top choice for investors who need flexibility and in some cases require faster access to their funds.

3. Exodus Wallet: A Sleek and Intuitive Experience

Exodus Wallet is well known among the crypto community and is certainly a fan favorite. In 2021, the company raised $59 million in five days, mostly from non-accredited retail investors. Management made good use of its raise and now designs a beautiful interface that is also convenient for managing and staking crypto assets.

Staking is available for popular tokens like Solana (SOL), Cardano (ADA), and Cosmos (ATOM) and this wallet scores near perfect points at providing transparent displays of APYs, earnings, and staking progress. This all guarantees users fully understand the rates and the amount of rewards that they’re about to get. It’s also this attention to detail that makes Exodus particularly appealing for users who value in-app portfolio tracking and enjoy monitoring their staking performance directly within the wallet.

However, Exodus lacks some important security features, such as two-factor authentication and multisignature support, which poses a major concern for crypto stakers who could risk losing both their initial and staked assets if something goes wrong.

4. Ledger Live: Unmatched Security for Staking

Ledger was founded in 2014 when the crypto industry was still in its very early stages of growth and security options were