Coinlist – Great NU staking rewards, an interesting platform to watch

Deposit your NU with Coinlist and earn 32% APY NU staking rates

NuCypher (NU) is a pretty promising ETH layer 2 solution and hands down, the best NU staking rate I can find is on Coinlist. At 32% APY staking rates, its the top staking reward available on the platforms we monitor as of early March 2021. Your interest compounds on the underlying asset, not the fiat value, so it’s perfect for increasing the value of assets you plan on holding for the long term. If you deposit 100 NU and hodl it for 2 years, you’ll withdrawal 200 NU. If you hodl for 6 years, you’d quadruple your initial investment. Note: All rates are subject to change, just like your bank account interest rates, so this is not a guarantee of future performance, just a sample of what this rate would look like long term.

Decent ALGO staking rates and CELO staking rates with XTZ staking being added soon

While not as flashy as 32%, Celo and Algorand staking rates are above 5%, which is still about 40x better than my credit union is offering right now. Coinlist has plans to add Tezos staking soon. If you’re reading this after early March of 2021, Tezos staking may already be up and running.

My Opinion

So far, I’m happy with my experience with Coinlist as I’ve explored it. The interface isn’t as pretty as I might like, but it is intuitive enough to get the job done. Security on the site seems tight. The platform still has that young company feel, so I’m interested to see what they become and how they change over the next few years. They do have a referral program, so if you join, you can invite people and for anyone who signs up, using your link, and trades at least $100 in one transaction – you get $10 in BTC. See details and limitations on the site.

Here are the current rates Coinlist has for their highest cryptocurrency interest rates: