Crypto staking is a great way to make money with your crypto holdings in 2023, In a few quick steps you can get into staking and start getting rewards on you cryptocurrencies. In this article we will go through 5 best crypto coins for staking in this year, let’s get started
Bitcoin (BTC)
The most popular and biggest crypto Bitcoin still the leader of the market, BTC is the best coin to make passive income with staking. bitcoin is the most valuable and trusted coin in the market, many staking services are available to stake bitcoin, it’s never been easier to start earning rewards with this popular crypto coin.
Ethereum (ETH)
In this list second most popular coin is Ethereum (ETH) after bitcoin (BTC), its can be a best crypto coin to stake in 2023, because it offers higher percentage of yield than bitcoin. Ethereum allows you to make better rewards based on how much quantity you have staked. with a layer of security and support from eth network it helps blockchain to maintain network consensus by validating transaction faster and securely. what you have to do for staking is to just add some Ethereum in your wallet and start making passive income
Cosmos (ATOM)
Cosmos (ATOM) can pay up to 20% yield for supporting its network by staking your holdings. Cosmos is world’s first P-O-S proof of stake network, which provides excessive advantages than proof of work P-O-W model. The security of cosmos network is very powerful, as well as it provides great support through its core validators team who are responsible for verifying transactions. We can see a price growth in Cosmos (ATOM), it can be because of great staking rewards.
Cardano (ADA)
Cardano is an open source network, was designed to provide secure and scalable digital payments, You can stake its native token ADA coin and start earing rewards by helping blockchain to validate transactions, You can earn up to 9% yields annually by staking ADA coin, Due to some notable price movements, Cardano (ADA) became a very attractive coin for staking.
Solana [SOL]
Solana (SOL) also known for Ethereum killer, is a high-performance blockchain that aims to offer a quick, secure and decentralized platforms for dApps developers. Solana’s native token ADA can be staked to earn rewards on It’s proof-of-stake blockchain and can earn around 10% annually. In 2023 major updates and implementations can be seen on Solana blockchain, the team of Solana is working on it, thus it may be a good choice to stake ADA in 2023
Disclaimer
This article is for information and education purpose only, please do not consider it as a financial advice, DYOR before investing in any cryptocurrency or assets.
FAQ
What are best coins to stake in 2023?
Best cryptocurrencies to hold and stake in 2023 are Bitcoin (BTC), Ethereum (ETH), Cosmos (ATOM), Solana (SOL), Cardano (ADA), These crypto coins can be a best coins to stake in 2023
How much Cardano (ada) pays for staking?
You can earn up to 10% reward per year for staking your Cardano (ada) to help blockchain validating transaction through proof of stake model.
