The Top 5 Staking Tokens

[Convery]

Staking is very interesting feature in cryptocurrency sphere, we can see it on Tezos and its staking on Coinbase. Especially institutional investors are finding these opportunities to get some interest. But, we shouldn't forget about the real use case, if the coin become useless then you will loose everything and that is the main problem why institutional investors are joining this system so slowly.

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[naikturun]

Good news But you judge it based on what, many tokens too that make a system of such a stake.
So you don't have to make a rating and just share the article, I say this so that no one understands or asks where the ranking comes from.

[JessicaVL]

And the ranking is based on what? how about IOTX, VSYS, NAV, ARK? All of those are great projects based on proof of stake.

Thanks for your input! Naturally lists like these are subjective, but your opinion is totally valid.

[JessicaVL]

AFAIK, Dash is the best when it comes to staking. The investment needed is totally big but it much worth it than the others. I don't have the capacity to avail one but that's what I see because it has been suggested everywhere.
It's kind of surprising to see that it's not on the top 5 of your article.

Dash is not a proof of stake token, it's proof of work with Masternodes. Thanks for your input though.

[JessicaVL]

Sounds great in the theory, but why would you just not go and create a bank account and get the same 10 percent rewards for a year. Staking has a great idea, but profitability does not even compete with centralised bank accounts.

Well, if centralization appeals to you that's precisely what you should do. Staking is an alternative, and can provide great passive income to those invested in the cryptoasset revolution.

[JessicaVL]

i do not think you can say that they are the top 5 staking coins
it may be for you but you cannot say that for the rest of us
there are so many coins with pos concensus and everyone might have their pick on what they like
for instance i have good amount of holdings of xlr pivx ada and sem and i stake all of them

Well absolutely - lists like this are entirely subjective. Would be interested to hear what your top staking coins are!

[JessicaVL]

I have written an article about KMD when it was starting but I never knew we can actually stake it and it only require us to own 10KMD so we can stake, that's a sweet deal.  Its not going to be profitable for me if I only start with 10KMD though.  ICX would be a much profitable while the price of the coin isn't that pricey. These two are the perfect for those with less budget for investing into staking coins if you are not considering 32 ETH for passive income thru staking.

It is a pretty sweet deal, right? Will be interesting to see how those with a smaller budget do staking these coins, definitely agree with that.

[JessicaVL]

Staking these coins is actually a good source of passive income. The percentage return per annum is in addition to the potential appreciation in value that will occur overtime. I look forward to Ethereum successfully implementing staking(PoS).

Absolutely. Staking can be an excellent source of passive income. You just have to choose the right coin for you. Doing research is absolutely crucial. It'll also be interesting to see what happens when Etheruem 2.0 is launched, you're right.

[JessicaVL]

Which one exchange market support for staking above top five coin? I am not getting news and above coin have can be staking except ATOM coin available on Binance, I check with ATOM coin have low increase each month with ATOM have higher price and less profitable if using ATOM coin as our staking coin, better looking with altcoin have good position on coinmarket cap and keepe exist price at future like stellar.

There likely isn't one exchange, but you can look into marketplaces like Vertex and see if they have.

[JessicaVL]

I believe OP should have included Minter Network  because their staking program is excellent as I've already received more than 9 percent interest on my staked BIP tokens within just a period of 23 days and counting!

Staking rewards are accumulated by the minute and it could be exciting to see your assets grow everyday as I find it a great way to earn passive income.

Hey! Thanks for your feedback! I'll definitely look into them - sounds interesting.

[JessicaVL]

You covered the top ones, I could mention atleast 10 more staking Cryptocurrencies that I know but I cannot guarantee that they wouldn't turn out to be shitcoins in the end, earning from staking requires a large amount of funds and usually when your token comes out, the value is far lower than it was when it got in so I usually don't see this as a viable investment method for me even with the huge returns it gives when compared to what you would get from a the traditional banking system.

Yep! I did cover the top ones! Starting off earning small amounts of passive income from staking is still not a bad thing. Totally understand where you're coming from though.

[JessicaVL]

Staking is very interesting feature in cryptocurrency sphere, we can see it on Tezos and its staking on Coinbase. Especially institutional investors are finding these opportunities to get some interest. But, we shouldn't forget about the real use case, if the coin become useless then you will loose everything and that is the main problem why institutional investors are joining this system so slowly.

Definitely. The Proof-of-Stake algorithm itself is also fascinating. Staking is really just an excellent way to earn passive income, both for institutional and retail investors.

[JessicaVL]

Good news But you judge it based on what, many tokens too that make a system of such a stake.
So you don't have to make a rating and just share the article, I say this so that no one understands or asks where the ranking comes from.

I'm not totally sure I understand what you mean. However, this list is very subjective. What are your top staking coins?

[old fart]

I think that it’s very promising to store coins that are profitable by staking on Binance. These coins are initially reliable because they are traded on a very large exchange. For example One / Erd etc.

Is it really safe to store coins and stake on centralised exchanges?
There are some good wallets that lets you store, stake and exchange coins in a decentralised manner rather than risking your coins in centralised exchanges. Crypto wallets like atomicwallet.io, trust wallet and few others lets you store and stake your coin while having control of your private keys.

[iram3130]

I guess the top spot will be taken by Ethereum as it will turn to POS soon. Its still on the bearish side of the market and hopefully we will see some new buyers because of the staking concept brought in.

[Mike Mayor]

I like to take chances with lesser-known coins and stock up on them through promotions airdrop or another form of distribution including mining for them. Get them nice and cheap. The input is very little and sure it can fail but that is why you get in quickly and spend a little time mining them or renting miners or even buying them as soon as they hit the exchange. I don't go splashing out tons and tons of bitcoin. I spend a couple of 10s of $$ on the coin and then just stake it. Normally I have one of the biggest size bags and start off well that way. If the coin fails I lose like what $20? A bit more? But the potential can be $100s or even $1000s it just depends what the point of the coin is. If it has value then you can mostly count on it being stable and profitable.

[Taufik blackspade team]

I guess the top spot will be taken by Ethereum as it will turn to POS soon. Its still on the bearish side of the market and hopefully we will see some new buyers because of the staking concept brought in.

many people have been waiting for this update. and many hopes from investors will see an increase in demand come before the update begins. we can only hope and hope it happens. ethereum is a good asset, and I think the updates that have been prepared next year will be a big trigger for market movements.

[target]

I guess the top spot will be taken by Ethereum as it will turn to POS soon. Its still on the bearish side of the market and hopefully we will see some new buyers because of the staking concept brought in.

many people have been waiting for this update. and many hopes from investors will see an increase in demand come before the update begins. we can only hope and hope it happens. ethereum is a good asset, and I think the updates that have been prepared next year will be a big trigger for market movements.

I'd be more interested to see cheap coins for staking though. Probably less than $0.10 of a price will be more suitable since I don't have much budget for it. People are less trusting to altcoins and I'm just one of them. $200 is probably just the max I would spend to stake tokens for a passive income generator altcoin. OP should have mention the minimum requirements for each coin. ICON (ICX) is the closest cheap coin so far.

[CarnagexD]

I guess the top spot will be taken by Ethereum as it will turn to POS soon. Its still on the bearish side of the market and hopefully we will see some new buyers because of the staking concept brought in.

many people have been waiting for this update. and many hopes from investors will see an increase in demand come before the update begins. we can only hope and hope it happens. ethereum is a good asset, and I think the updates that have been prepared next year will be a big trigger for market movements.

I'd be more interested to see cheap coins for staking though. Probably less than $0.10 of a price will be more suitable since I don't have much budget for it. People are less trusting to altcoins and I'm just one of them. $200 is probably just the max I would spend to stake tokens for a passive income generator altcoin. OP should have mention the minimum requirements for each coin. ICON (ICX) is the closest cheap coin so far.

I've never done this before but I'm interested on staking with altcoins now. I do trade on altcoins and fairly gets enough with it, and honestly losses from it is very much low compared when trading with mainstream coins. I got to decide which coin I would prefer the staking but more likely with Komodo it is a bit interesting than the ICX though. But I'll just get the minimum requirements, if I get satisfied with it then why not try maximum?  Sometimes you gotta see the vacant lot behind the building.

[tenakha]

I'd be more interested to see cheap coins for staking though. Probably less than $0.10 of a price will be more suitable since I don't have much budget for it. People are less trusting to altcoins and I'm just one of them. $200 is probably just the max I would spend to stake tokens for a passive income generator altcoin. OP should have mention the minimum requirements for each coin. ICON (ICX) is the closest cheap coin so far.

You can choose Algorand with a price of $0.26 and an annual gain of 12-14%. The minimum deposit is 2 ALGO, which is almost $0.52. With an investment of $200 this is almost around $28. IMO if you do not want to take risk with more money, do not try it. Try trading instead.

I've never done this before but I'm interested on staking with altcoins now. I do trade on altcoins and fairly gets enough with it, and honestly losses from it is very much low compared when trading with mainstream coins. I got to decide which coin I would prefer the staking but more likely with Komodo it is a bit interesting than the ICX though. But I'll just get the minimum requirements, if I get satisfied with it then why not try maximum?  Sometimes you gotta see the vacant lot behind the building.

Also, consider the risks. The amount you deposit is frozen for a year and there is a possibility that the price of altcoin may fall during this time period.