These are the best cryptocurrencies for staking

These are the best cryptocurrencies for staking
фото показано с : coinjournal.net

2022-1-4 02:16

Staking offers crypto investors a chance to make decent passive income while taking considerably less risk compared to trading crypto directly. In essence, staking involves placing crypto assets in locked digital wallets for the purpose of validating transactions in Proof-of-Stake blockchains. It’s the inverse of crypto mining, and here is why you should look at it seriously.

You don’t need to invest in expensive computer equipment to do staking. Just a few crypto assets are needed.

Staking offers interest on all assets staked that can go as high as 20% per year in several blockchains.

Also, once the assets are staked, you simply earn some passive income on the side.

Well, if you are thinking of adding crypto staking as part of your overall investment strategy, then there are some coins you must consider. Here they are:

BitDao (BIT)

BitDao (BIT) is one of the leading decentralised autonomous organisations (DAOs) in the world. The platform is designed to attract talented developers to create and deploy innovative DAOs across various chains. BIT is the native governance token on the platform that can also be staked for excellent returns. 

Data Source: Tradingview.com 

In fact, staking BIT delivers an annual average return of around 14.77%. Besides, the token is a very promising coin backed by superb underlying fundamentals. At the time of writing. BIT was trading for $2.17 with a market cap of around $1.2 billion.

Terra (LUNA)

Terra (LUNA) is a stablecoins network designed to deliver what it calls a price-stable global payment system. Terra is one of the biggest blockchain projects right now. 

Its native governance token LUNA, which is also used for staking, has a market cap of $33 billion. This ranks it among the top 10 crypto assets by market cap. Also, staking LUNA will deliver average annual returns of around 12.5% for investors.

The post These are the best cryptocurrencies for staking appeared first on Coin Journal.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

BestChain (BEST) на Currencies.ru

$ 0.00193006 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 999999
Доступно / Всего 0 BEST

staking these cryptocurrencies best considerably journal taking

Источник: coinjournal.net

staking these → Результатов: 33


Фото:

Telos Solution-driven EVM is Live For Smart Contracts and DeFi

Ethereum blockchain ushered in the era of smart contracts via the Ethereum Virtual Machine (EVM). Over the years, smart contracts have witnessed immense adoption including in the mainstream sector. Ranging from decentralized exchanges, staking pools, lending and insurance protocols, all of these have been pivoted with the aid of smart contracts. The Ethereum Virtual MachineRead More

2021-11-12 09:00


Comparing DeFi Yield Farming and Cryptocurrency Staking to Online Gaming Rewards

With a new boom in cryptocurrencies and decentralized finance, investors and digital currency holders are seeing lots of opportunities to grow the value of their digital assets. One of these is the idea of staking a cryptocurrency or using a decentralized yield farming approach to gain interest on digital currencies. While these two processes tend […]

2021-7-4 13:42


Фото:

NFT Staking; New Crypto Millionaires?

The crypto market is a bit unpredictable and shaky these days. In fact, just one tweet by Elon Musk on May 12 of this year crashed the entire market within 24 hours. On the one hand, crypto is promising as a long-term investment opportunity, and on the other hand, digital coins like BTC and ETH […] The post NFT Staking; New Crypto Millionaires? appeared first on NullTX.

2021-6-7 16:44


Yearn Finance Proposes Using Staking Funds to Buyback YFI

DeFi blue chip project Yearn.Finance is proposing to use the staking funds for buyback- treasury, and it is being received well with a good 93% majority votes, out of 177 so far. These YFI will be repurchased on the open market and then used for contributor rewards and other Yearn initiatives like security audits, bug […] The post Yearn Finance Proposes Using Staking Funds to Buyback YFI first appeared on BitcoinExchangeGuide.

2021-1-14 17:22


Digital Asset Trading Platform eToro Rolls Out Cardano (ADA) And Tron (TRX) Staking Service; More Crypto’s to Come

Popular trading platform, eToro, announced on Thursday that it would provide staking rewards for cryptocurrencies starting with Cardano (ADA) and Tron (TRX). The multi-asset exchange stated that clients that own these cryptocurrencies, ADA, or TRX, would have a chance to earn rewards by staking, which will be paid out monthly.

2020-10-2 00:16


Stablecoin Staking is Finally Possible: Neutrino USD (USDN) Offers a Safer Alternative to Tether

As the market capitalization of USDT and USDC keeps rising, recent asset freezes underline their inherent risks. Will these incidents cause more investors to turn to decentralized stablecoins, such as DAI and the stakable USDN? Since the start of June, Tether’s market cap has grown by 13%, and that of USDC Coin has finally crossed the $1bn mark.

2020-7-31 16:06


Gominer ICO

Gominer Token is a Peer-to-Peer token that has a sophisticated level of security for a multi-functional digital currency and for all future use expansion. The token is created to help our user to interact and expand the way of their earning in Cloud mining.

2019-7-28 17:33


A CBC Casper Tutorial

In order to help more people understand “the other Casper” (Vlad Zamfir’s CBC Casper), and specifically the instantiation that works best for blockchain protocols, I thought that I would write an explainer on it myself, from a less abstract and more “close to concrete usage” point of view.

2018-12-6 04:03


Партнеры Currencies.ru

Реклама на Currencies.ru

Самое свежее на Currencies.ru

Celsius (CEL) rallies 360% following massive token burn

The native token of the now-defunct Celsius Network, CEL, has recorded an impressive price surge following its massive token burn. On-chain data shows that Celsius burned over 94% of its total supply on April 30 — plunging from 695.65 million…

NFT Trader loses $145k worth of BAYC to phishing attack 

An NFT trader recently lost over $145,000 worth of Bored Ape Yacht Club (BAYC) collectibles to a phishing attack amid the growing rate of scam schemes that have plagued the cryptocurrencyo scene. On-chain security platform PeckShield brought attention to the…

Australia targets crypto exchanges to hand over tax data on 1.2m users

Australia’s tax office is targeting up to 1.2 million users, seeking their personal data and transaction details from crypto exchange. Australia appears to be targeting over a million crypto investors, seeking their personal data and transaction details from crypto exchanges,…

Crypto.com reports 100m users worldwide despite frozen VC activity

Cryptocurrency exchange Crypto.com says it has surpassed the 100 million global user mark since its establishment in 2016. Crypto exchange Crypto.com has registered 100 million users around the globe as the platform doubles down on its international expansion. In a…

Top cryptocurrencies to watch this week: BTC, DOGE, WIF

The global cryptocurrency market cap remained fairly stable this week, dipping to $2.11 trillion on May 1 and recovering to $2.35 trillion at last check. Here's how some of the top cryptocurrencies traded over the past several days.