Yes, you can stake crypto in Michigan: every exchange we track (Coinbase, Kraken, Gemini, Binance.US, Robinhood) offers staking there. Liquid staking tokens, staking ETFs and your own wallet also work.
Exchanges in Michigan
Coinbase
✓ Staking availableNo new staking in CA, MD, NJ or WI. SUI staking also excludes New York.
Source, checked Oct 21, 2026Kraken
✓ Staking availableKraken lists the states where onchain staking is available. Kraken does not serve New York or Maine at all.
Source, checked Oct 21, 2026Gemini
✓ Staking availableGemini lists the United States as a staking region and publishes no state exclusions (New York was added Feb 2026). Confirm in the app.
Source, checked Oct 21, 2026Binance.US
✓ Staking availableStaking is open to all verified Binance.US users, but Binance.US itself is unavailable in these states. Kansas and Wisconsin are crypto-only (no USD).
Source, checked Oct 21, 2026Robinhood
✓ Staking availableRobinhood: staking is currently unavailable in California, Maryland, New Jersey and Wisconsin.
Source, checked Oct 21, 2026Best staking rate per coin in Michigan
| Coin | Best net yield in MI | Best exchange in MI | |
|---|---|---|---|
| ETH | 2.68%Kraken | 2.68%Kraken | ETH in MI |
| SOL | 5.60%INF (Sanctum Infinity) | 4.77%Kraken | SOL in MI |
| NEAR | 5.26%Kraken | 5.26%Kraken | NEAR in MI |
| ADA | 2.71%Kraken | 2.71%Kraken | ADA in MI |
| DOT | 4.03%vDOT (Bifrost) | 3.03%Kraken | DOT in MI |
| ATOM | 18.76%Native staking (delegate to a validator) | 18.75%Kraken | ATOM in MI |
| AVAX | 4.10%Binance.US | 4.10%Binance.US | AVAX in MI |
| TRX | 6.40%Binance.US | 6.40%Binance.US | TRX in MI |
| SUI | 1.52%Kraken | 1.52%Kraken | SUI in MI |
| TIA | 5.44%Kraken | 5.44%Kraken | TIA in MI |
| INJ | 14.00%Binance.US | 14.00%Binance.US | INJ in MI |
| APT | 2.36%amAPT / stAPT (Amnis Finance) | 1.90%Binance.US | APT in MI |
| POL | 6.79%Kraken | 6.79%Kraken | POL in MI |
Frequently asked questions
Can I stake crypto in Michigan?
Yes, you can stake crypto in Michigan: every exchange we track (Coinbase, Kraken, Gemini, Binance.US, Robinhood) offers staking there. Liquid staking tokens, staking ETFs and your own wallet also work.
Is Coinbase staking available in Michigan?
Yes, according to Coinbase's staking eligibility page.
Is Kraken staking available in Michigan?
Yes, Michigan is on Kraken's list of states with on-chain staking.
Is Robinhood staking available in Michigan?
Yes. Robinhood lists only CA, MD, NJ and WI as unavailable for staking.
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