Best Staking Coins to Buy in 2024 – Earn Crypto Passive Income

If you have some idle cryptocurrencies that you won’t sell in the near future, you can also use them to get some passive income. Staking coins is an excellent way to get money from your crypto meanwhile keeping the ownership of those assets. All you need to do is lock them in a liquidity tool for a certain period, become a network validator, and earn interest generated from them. 

If you want to know more about staking coins, our guide is here to help you. First, we have reviewed the best staking coins to buy in 2024 so you can have the list of the best coins and make a better decision. Moreover, in our guide, we will discuss some important factors about staking coins, including how they work, how much you can earn through staking, what to consider when you stake cryptocurrencies, etc. 

Top Staking Coins to Buy Reviewed – Full List

With hundreds of available options for staking coins, it can be tricky to find the best ones. The problem is that if you want to find the most beneficial options, you will need to explore several crypto projects and find out which ones offer the highest YTD rates. Another thing to consider is the upside potential of the coin.

Considering these two factors, we have already done detailed research and made a list of the top staking coins for 2024. Read the detailed reviews about each of them to discover which ones are more suitable for you. 

Dogeverse – Multi-Chain Meme Coin offering Staking

Dogeverse is a cryptocurrency that has a lot of potential for 2024, especially since it plans to list on all of the main exchanges this year. With its innovative multi-chain concept, Dogeverse is creating a single ecosystem that unites various cryptocurrency communities. As of this writing, Dogeverse has raised over $8.34 million, and the presale is still ongoing. Token holders can also stake their $99BTC for rewards. The project has a dedicated pool in its tokenomics for staking. The token rewards will be distributed at a rate of 6088 $DOGEVERSE per Ethereum (ETH) block over a period of two years.

As the first truly multi-chain Doge meme token, Dogeverse has at its centre the “Cosmo” Doge, its primary mascot. The doge is portrayed as a blockchain traveler who hops between verses. As of right now, network traversing is possible for blockchains Ethereum, BNB Chain, Polygon, Solana, Avalanche, and Base. Investors are seeing the project as a significant advancement in blockchain interoperability using Wormhole and Portal bridge technologies.

$DOGEVERSE token holders are all set to leverage the best aspects of the six leading blockchains, including the diversity of Base, the accessibility of Ethereum, the scalability of Avalanche, the affordability of Solana and Polygon, and the utility of BNB. This sets it apart from the sea of meme coins, most of which are worthless and have no long-term value.

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WienerAI – AI-Dog Meme Hybrid with Attractive Staking Rewards

WienerAI is among the top viral dog memes to dominate the crypto market this year, banking on a fresh twist to the popular odd doge. The project is gaining attention for its powerful combination of blockchain, AI, meme tokens, and staking. On the one hand, this approach enables endless upgrades to the platform’s memory, knowledge, and features. On the other, investors are drawn to the early staking benefits with a high APY.

WienerAI has created the first-ever Wiener-Dog-AI hybrid by combining cutting-edge AI technology with popular dog memes. The backstory is just as fascinating: a crazy scientist mixes his cybernetic dog AI project with that of a hot dog DNA by accident. The result is the odd WienerAI doge – the universe’s most powerful cybernetic entity. 

The quirky narrative aside, investors are drawn to the project because of its emphasis on user rewards, community, and innovation. WienerAI supports the Sausage Army, a community-based project where users work together to determine the platform’s future course. The project tokenomics framework values community involvement and liquidity. Special funds are allocated for presale, marketing, stake, and community awards.  

The native token of the project, $WAI, is currently on presale, and early investors can benefit from low entry barriers and daily staking rewards. 20% of the tokens are set aside for staking. Users can lock up with their $WAI tokens to support the network’s operations and earn rewards. Those who hold the tokens are encouraged to participate actively in this process.

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Mega Dice – Presale Online Sportsbook Token with Staking Feature

Mega Dice is the first Telegram-based online gambling platform paying out users in cryptocurrency. Despite being a relatively new sportsbook, it has already attracted a sizable and loyal user base, offering top-notch games from trusted providers, and had a successful initial public offering for its native token, $DICE. Presale buyers have the exclusive opportunity of staking their $DICE tokens into the smart contract before listing day and benefit from the high early rewards opportunity.

In addition to playing games and staking for rewards, users can also place bets on the platform using $DICE tokens. The platform’s efficiency and security, as well as Mega Dice’s rich user interface and distinctive performance-based incentives, are major USPs of the sportsbook.

Mega Dice boasted a substantial user base even before the start of its presale. It holds a Curacao license, and is one of the few cryptocurrency casinos with the fastest growth rates. The sportsbook has partnered with publishers like Evolution and Pragmatic Play to offer over 5,000 games for its 50,000+ user base. Players do not have to go through the laborious KYC process to start playing games on Mega Dice. The $500 welcome package is equally enticing, including deposit bonuses and bonus spins. Mega Dice now plans to open up $DICE trading to a larger audience in the cryptocurrency space than just its current user base.

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99Bitcoins – Learn-to-Earn Crypto Offering Dynamic Staking Rewards

99Bitcoins has investors lining up for its ongoing presale, and has raised more than $5.87 million in the brief period that its revised Learn-to-Earn token has been available for purchase. The third quarter of 2024 is when 99Bitcoins plans to list the token on the top cryptocurrency exchanges. Presale token holders have the exclusive opportunity to stake $99BTC tokens for dynamic rewards that pay out after each Ethereum block is completed. The platform has set aside 14% in its tokenomics for staking rewards, to be disbursed over a period of two years.

At the core of the 99Bitcoins project is the goal of making cryptocurrency learning rewarding and engaging at the same time. This it achieves by pioneering the Learn-to-Earn (L2E) paradigm. Learners on the platform receive rewards for finishing interactive tutorials, tests, and course modules. 99Bitcoins is thus incentivizing its users for expanding their cryptocurrency knowledge base – a win-win for the user.

The platform offers interactive and visual learning techniques for various user preferences. In due course, the synchronous L2E platform will offer tutorials on virtual currencies such as Peercoin, Litecoin, Namecoin, and Feathercoin, in addition to features like dynamic news feeds, trading signals, and token price charts. Its distinct use case, well-thought-out roadmap, and allocated funding for project development have already caught investor attention.

With over 2 million platform users and close to 709k social media followers, 99Bitcoins has already built a strong and devoted community. Experts in the cryptocurrency space value the 99Bitcoins presale’s multi-phased, well-defined schedule, and the DEX listings may employ a similar tactic. Early adopters have a special opportunity to participate in the project’s growth and gain from the potential and significance of the token.

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5th Scape – Metaverse Crypto with an Impressive Staking Feature

5th Scape is among the leading projects within the blockchain and VR gaming sector, particularly for those interested in the staking aspect of cryptocurrency. As a project that merges the immersive world of virtual reality with the innovative capabilities of blockchain technology, 5th Scape offers a unique proposition for investors and gamers alike. The project is not just about gaming; it’s a comprehensive ecosystem that includes VR education, movies, and advanced VR devices, setting a new benchmark in the digital entertainment industry.

The staking mechanism within 5th Scape is especially attractive for investors looking for both short-term gains and long-term value. By allowing token holders to stake their coins, 5th Scape not only offers a way to earn passive income but also helps secure the network and contribute to the project’s overall stability and growth. The return on investment through staking can be significantly higher compared to traditional savings methods, making it a lucrative option for those willing to engage with the 5th Scape ecosystem on a deeper level.

Investing in 5th Scape, particularly during its early stages, presents an opportunity to be part of a project that’s at the forefront of integrating VR with blockchain. The unique blend of technology not only ensures an engaging and immersive experience for users but also opens up new avenues for earning through staking. As the project continues to develop and expand its offerings, early investors stand to benefit from both the appreciation of the token value and the staking rewards, making 5th Scape a compelling investment choice in the current crypto landscape.

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Sponge V2 – Memecoin Inspired by Popular Cartoon Now Launching its V2 Token

The concept of staking revolves around earning passive income, and a higher Annual Percentage Yield (APY) is always favorable. Sponge boasts one of the highest APYs in the industry, largely due to the imminent launch of its Sponge V2 token. Launched in May 2023, the project has amassed thousands of members and holders. However, following its all-time high, the project experienced a significant correction, leading to a sharp decline in token value. This new development has sparked investor speculation regarding another potential price surge for the token in the coming weeks.

Acquiring these tokens involves a straightforward process. Investors are required to purchase Sponge V1 tokens and stake them to receive an equivalent amount of Sponge V2 tokens. Additionally, they will consistently earn returns in the form of impressive APYs. The tokens can be claimed once the project officially launches the token. At the time of writing, the website has already seen over $150k worth of tokens staked.

Moreover, the project’s announcement of an upcoming Play-to-Earn (P2E) game adds further appeal to this staking token for investors. With the increasing excitement surrounding the project, it appears likely that substantial profits can be expected in the coming days.

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Smog – Popular Memecoin to Stake for a Massive Airdrop

Smog is a brand new addition to the memecoin industry, breaking the mold with its unconventional launch directly onto a DEX, bypassing lengthy presales. Built on the Solana chain, this token quickly garners attention from investors as a top-tier staking option offering lucrative returns and the allure of a potential massive airdrop.

With its captivating fire-breathing dragon motif and unwavering commitment to community engagement, Smog captivates memecoin enthusiasts. The project’s interactive ‘Dragon’s Court’ community promises an immersive fusion of entertainment and financial incentives, setting it apart in a crowded market.

Staking emerges as a flagship feature of Smog, boasting an impressive 42% APY. This attractive yield, coupled with the promise of eligibility for an upcoming airdrop, positions Smog as a tantalizing opportunity for investors. By participating in the staking program, investors not only reap rewards but also play a pivotal role in shaping the future direction of the Smog ecosystem.

Despite the inherent volatility of the crypto market, Smog’s price performance reflects its potential for substantial growth. With a deliberate token allocation strategy and a focus on fostering liquidity, Smog lays the groundwork for sustainable value appreciation. While details on associated utility for the project remain scarce, Smog’s promising trajectory instills confidence among investors.

In an era where passive income opportunities abound in the crypto space, Smog’s staking program presents a compelling proposition. By seamlessly blending its captivating theme, community-centric ethos, and promising price trajectory, Smog emerges as a beacon of promise for staking enthusiasts in 2024.

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eTukTuk – Crypto Token With Attractive Staking APY

eTukTuk, with its groundbreaking initiative in the electric vehicle (EV) sector, is poised to redefine urban mobility. At the core of this innovative project is a well-thought-out ecosystem that seamlessly integrates blockchain technology and artificial intelligence to combat carbon emissions. The eTukTuk EV, an eco-friendly alternative to traditional TukTuks, relies on efficient charging stations for operation, promising drivers a 400% reduction in operating costs compared to fossil fuel-powered counterparts.

The project’s impact extends beyond environmental considerations, addressing socio-economic challenges by creating opportunities for marginalized communities. With a strategic partnership with the Sri Lankan government, eTukTuk plans to establish over 200 charging stations, contributing not only to environmental sustainability but also fostering economic growth.

One of the key components of eTukTuk’s success is its native TUK token, currently available in a crypto presale valued at $0.026. The staking option offers an enticing Annual Percentage Yield (APY) of 390%, attracting investors keen on supporting sustainability while enjoying financial benefits. The token plays a pivotal role in expanding the eTukTuk network, generating revenue through fees imposed on drivers and rewarding territorial partners and power stakers.

eTukTuk’s commitment to its mission is evident in its successful presale strategy, having secured over $560,000 in funding. The project not only envisions a future with reduced carbon emissions but actively works towards achieving it through tangible milestones, making it a compelling choice for environmentally conscious investors and those seeking a revolution in urban mobility.

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Hypeloot – Token Powering the World’s First AI-Powered Crypto Casino

Hypeloot is a 2022-established AI-powered crypto casino, boasting over 150,000 global users and processing over 50 million bets to date. After leading the crypto casino charts, the project has now announced the presale of its native token – $HPLT.

With this release, early investors will get a chance to grow with the expansion of this casino. $HPLT holders, starting with an investment as low as $10, can “own” a part of the casino, sharing its profits.

They will be able to draw rewards from Hypeloot’s daily buybacks and burn events. Not only will this give HPLT stakers access to lucrative APYs, but it will also expose them to a project with long-term upsides.

Additionally, the staking rewards offered by this project are also lucrative during the presale as the platform will reward people in terms of USDT. Other perks that come with presale participation include access to 50% casino credits on no conditions.

The platform is also trusted. Its team is KYC-certified, and its smart contract has undergone auditing by Certik. The platform itself is available and has established its presence in more than 50 countries. Those interested in participating in this unique project can visit presale.hypeloot.com.

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Ethereum – Largest Stakable Cryptocurrency with Proof of Stake Rewards of 3% APY

It’s hard to find someone who has never heard of Ethereum – the second-largest cryptocurrency by market cap and the first-largest cryptocurrency operating on the Proof-of-Stake blockchain. Ethereum was a breakthrough in the crypto space in the sense that it introduced smart contracts that enable building applications on decentralized blockchain technology. Currently, there are hundreds of decentralized apps built on Ethereum. 

To create a dApp on Ethereum’s blockchain, one must run multiple transactions and pay gas fees for those transactions. These fees are paid in Ethereum’s ETH token, so the more dApp projects built on Ethereum, the larger the demand for the ETH token. Moreover, a very significant event known as the Merge took place in 2022, which marked Ethereum’s transaction to the Proof-of-Stake consensus mechanism.

This will increase the transaction speed on Ethereum’s blockchain drawing more developers’ attention to using its blockchain. When it comes to the price potential for the token, as one of the most popular and highly demanded coins in the crypto space, ETH has great growth potential. Once the market takes a bullish direction, Ethereum is most likely to follow the trend and peak new heights. 

Before that, you can use Binance to stake your ETH tokens, as it is one of the best platforms to lock up your ETH coins. 

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BNB – A Proof-of-Stake Cryptocurrency that Power the Large Binance Chain Ecosystem

Formerly known as Binance coin, BNB was launched by Binance exchange – one of the most popular crypto exchanges worldwide. The coin’s main purpose was to be used on the Binance exchange to pay for transactions and buy cryptocurrencies; Additionally, if traders pay in BNB coins, they get discounts on transaction fees. BNB is currently the native token of the Binance Chain, and its use cases have increased. 

Binance Chain is a blockchain platform based on the smart contract that competes with Ethereum. As the native token of the network, BNB has various use cases within it. It is the 4th largest cryptocurrency with a market cap of over $33 billion. Since the token is used to pay for transactions on the Binance Smart Chain and is also mostly used to participate in crypto ICOs or presales, the demand for the token has grown significantly. 

As one of the most well-established crypto projects, BNB can still increase in value. Though the token is currently in the bearish market, the prices will change once the broader crypto market takes a positive direction. You can take this chance and stake your BNB coins with a 3% YTD rate offered by the platform until its price increases. 

Cardano – Highly Popular Blockchain Platform for dApp Building 

Cardano is one of the competitors of Ethereum as it offers a programmable blockchain platform running on smart contracts; developers can use the Cardano blockchain platform to build decentralized apps and its native token, ADA, to run transactions. This is ADA’s main use case within Cardano’s network, but the coin also has governance purposes, and those holding ADA can vote for Cardano’s projects and decisions. 

Though Cardano, in many ways, is similar to Ethereum and other programable blockchains, it is the first such project to be based on scientific research. This helped Cardano to create a special PoS consensus mechanism called Ouroboros which provides automatic transaction verification while users can enjoy a safe and secure network. 

ADA is among the ten largest cryptocurrencies by market capitalization, while it is still traded below the $1 mark. The coin’s value has significantly suffered from the latest crypto crash and the latest price fluctuations in the market. Still, it is a great chance to buy the dip and stake ADA tokens as it can experience significant price growth when the market recovers from the crash. 

Solana – Proof-of-Stake Blockchain Platform with Scalable Solutions

Solana is another blockchain project that provides a foundation for decentralized apps like Cardano and Ethereum. The project was launched in 2017 by Solana Labs in an attempt to provide a more scalable blockchain platform with faster and more secure transactions. Scalability is one of the key problems when it comes to blockchains, as network congestion reduces their verification speed. 

Solana uses a combination of different technologies to solve this problem. The platform currently holds a record of 65,000 transactions per second; however, theoretically, the number of transactions on Solana can reach up to 710,000. To power its network, Solana has created SOL, its native token, which is used to execute custom projects, run transactions, and pay fees. SOL is also a governance token, so holders can also stake it to participate in voting related to Solana. 

Apart from governance, users staking SOL tokens can also be chosen as block validators and generate rewards from it. They can also delegate this role to someone else, meanwhile getting a portion of rewards from their staked coins. 

SOL is currently the 7th largest crypto by its market cap and is among the most widely known blockchain projects in the crypto space. The token has proved to follow the trends in the market, so it can also bring you returns once the market experiences an uptrend. Despite its large correction following the FTX collapse, it remains one of the best staking coins in terms of popularity.

NEAR Protocol – Crypto Powering Blockchain Operating Systems

Near Protocol is described as an OS for an open web. According to the website, it is used to easily create and distribute decentralized applications on any blockchain with a blockchain operating system.

The platform is said to be completely decentralized, allowing only the developers to have a say. Furthermore, it also allows users to host applications without focusing on any initial setup.

A layer-one blockchain, Near Protocol, has been designed to tackle some of the key issues of the existing crypto ecosystem, including low transaction speeds, low throughout, and poor interoperability. It uses human-readable account names to address users and has its own consensus mechanism known as the doomslug.

Near Protocol’s staking attributes allow users to get access to the Near Protocol’s DAO, which decides the future of this project. Furthermore, when it comes to staking, this project also offers lucrative APYs. For instance, staking NEAR on Binance will yield users an APR (Annual Percentage Return) of 8.27%.

Polkadot – Large-cap Stakable Coin with Blockchain Connectivity Solutions

Polkadot is another popular cryptocurrency that you can stake to earn rewards. Like previously mentioned popular projects, Ethereum, Cardano, and others, Polkadot also provides a blockchain platform on top of which developers can launch their own blockchain. To make the transactions more secure and accurate, Polkadot uses the idea of Parachains. 

Its native cryptocurrency, DOT plays a vital role in Polkadot’s network. First of all, it is used for transactional purposes and also to pay for the fees on the network. Governance is another use case that enables DOT holders to have a say in Polkadot’s future projects. Most importantly, you can stake DOT tokens and earn rewards.

By staking your DOT tokens, you will be able to take any of the multiple roles for the network operation. For example, you can get the role of the validator and validate the data in para chains. You can become a nominator and delegate your votes to a trustworthy validator. There are also Fishermen’s roles to monitor the network and record any malicious behavior among validators. 

Being one of the most valuable crypto projects in terms of the technology it offers and its market capitalization, Polkadot is also a great long-term investment. Its value will increase along with the popularity of the project, which means you can sell your DOT tokens at a higher price after staking them. 

Tether – Largest Stablecoin to Earn Interest through Lending Your Tokens

Tether differs in this list in the sense that it can be considered a less risky cryptocurrency for passive rewards. The advantage is that while some cryptocurrencies can lose value instead of gaining it through staking, Tether is designed in a way that keeps its price stable. In other words, it is a stablecoin pegged to the USD, meaning that Tether’s value is always close to $1. 

Hence, you can hold Tether tokens (USDT), being sure that they won’t lose value in the volatile crypto space. However, it should be added that stablecoins are also at the risk of crashes. Still, Tether is one of the most reliable stablecoins with a market capitalization of over $83 billion which makes it the 3th largest cryptocurrency. Given it has stood the test of time, we rate USDT among the best staking coins for low risk passive income.

It is also possible that you use Tether tokens to store value, so instead of simply holding them in your crypto wallet, you can make use of them and generate passive income. You can lend or opt-in your USDT tokens through a crypto exchange and earn over 3% YTD return. 

What Are Staking Coins?

If you are a crypto investor, you may have already heard about the Proof-of-Stake consensus mechanism. Blockchains relying on the PoS protocol use a more eco-friendly method of validating their transactions. Instead of Bitcoin’s PoW, which requires the use of special devices to run the computer and high energy consumption, Proof-of-Stake relies on staking coins to participate in the safety of the network, validate transactions, and earn rewards. 

There can be different ways of staking depending on the cryptocurrency you decide to stake. But the main idea of staking is to gain wealth on your passive coins. All you need to do is lock your coins in the liquidity pool for some time, and the network will reward you for your service. You still have ownership of your coins and can sell them to earn income on price differences. Staking simply enables you to gain more money on your passive coins. 

Another method of staking is lending your coins to a liquidity pool. In this case, you don’t participate in network safety but lock your money into a pool from where other users can borrow coins. In the end, you will get your cryptocurrencies back, plus the rewards, which depend on the APY the coin offers. 

Staking in Crypto – How Does It Work?

There are two main steps in crypto staking – the first is to buy cryptocurrencies that offer staking rewards, and the second is to find a reliable platform where you can stake your coins. There are multiple ways of buying cryptocurrencies; however, the most secure way is to use a regulated crypto exchange. 

Crypto staking can also be done through crypto brokers, which is a preferable way among investors as these platforms usually offer high APYs. Here is a step-by-step guide on how crypto staking works. 

• You sign up for an account on a crypto exchange and buy stackable coins. 
• You find a platform where you can offer staking your cryptocurrencies. 
• The platform accepts your coins and offers its APY rate.
• You lock up your coins for a certain period (it is important to note that you can’t take back your coins before the predetermined date).
• Once the staking period ends, you can get your coins back.
• You also receive the APY from the staking.
• Later, when the price of the cryptocurrency increases, you can sell your coins and earn money.

It is important to note that staking is not the main way of making money with cryptocurrencies. After all, when you invest in cryptocurrencies, the end goal is to make wealth on its price fluctuations. However, staking is a good way to generate some extra income during the time you don’t use your coins. 

Now, when the cryptocurrency market is in the bearish cycle, it can be the best time to invest in new tokens, diversify your portfolio, and stake your coins to gain some extra rewards. The benefit is that you can keep your coins staked until the market is in a downtrend and prices are down. Once the market takes a bullish direction, you can get your coins back and sell them at higher prices. 

Moreover, if you invest in such new coins as Dogeverse, you can not only benefit from such high staking rewards as 500% APY but also buy them at a discount and build huge wealth once they experience significant growth. 

How Much Can You Earn Staking Coins?

First, it is important to point out that staking coins should not be considered the main purpose for investing in cryptocurrencies. It is simply a way of making extra capital in addition to the money you will gain from trading your coins. So, you need to pick up the coins carefully and not invest in any possible cryptocurrency, as long as the coin can crash and you will risk your capital.

When we speak about how much you can earn staking coins, the important thing to understand is that there is not an exact number. The amount of rewards you get staking coins depends on the APY rate offered by the platform, the number of coins you stake, and the amount of time your coins are staked. 

For example, if you stake 10 ETH tokens with an APY rate of 4% in a year, you can claim your tokens back with an additional 0.4 ETH. But the APY staking rate can differ from token to token, so you need to take into account the APY of the coin and also that offered by the staking platform. Some new cryptos may have higher APY, and for example, Dogeverse offers an APY of 87%. 

While you may think that staking coins brings little capital, it requires no harder effort than simply keeping your coins in the liquidity pool instead of your wallet. Diversified portfolios will also enable you to stake different cryptocurrencies with different APY rates, and it is a way of increasing your rewards from coin staking. 

What to Consider When Selecting Staking Coins

In this section, we discuss some of the most important factors to take into account when selecting the best staking coins to invest in. 

Proof of Stake Model

First to understand is that there are different types of Proof of Stake consensus mechanisms. Different coins are staked differently; hence it is important to explore the underlying PoS model of every cryptocurrency you want to invest in. The staking differences can be connected with the steps you will need to do to collect rewards with your coins. 

For example, there can be a PoS model that will require you to become a network validator and verify transactions. Or you can simply stake your coins and delegate someone else to become a validator. Another mechanism is lending which simply requires locking up your coins in the liquidity pool for a certain period. You should explore the models to find out which one is more suitable for you. 

APY

APY stands for annual percentage yield, which refers to the amount of interest the coin provides. APYs differ from token to token, so you will need to find and stake coins with relatively high APYs. High APYs are usually provided by the new cryptocurrencies, whereas already popular coins like Ethereum, Solana, Polkadot, and others have lower APYs. 

Estimated Rewards

Another crucial thing to take into account is the estimated reward which depends on two factors – rewards you get from staking and rewards on price changes. Though staking is an excellent way to earn extra capital, the upside potential of the coin is crucial too. When you invest in cryptocurrencies, you will need to consider that the price of the crypto will change over the staking period. 

Once you finish staking, you will need to sell your cryptocurrencies to make money on price changes. This assumes that you will need to consider if the crypto has good potential for growth. Investing in new coins can be quite profitable in his sense too. As the new coins are usually sold through presale, you can get them at a discount and then sell them once they get popular and their price increases. 

Conclusion

Staking coins is a great possibility to make money with cryptocurrencies and is quite popular among long-term investors. It is a great way to make extra money by staking not only popular and less risky cryptocurrencies but also new ones with high staking rewards. We rated Smog as the best staking coin to invest in it as it not only offers access to a high APY, but also is. a great long term investment option.

Other than selecting a good cryptocurrency to stake, you also need to find a suitable staking platform where you can stake your coins. The most important factors to consider here are the YTD rates and the safety of the platform. 

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