Crypto What Are the Top 5 Best Coins for Staking in 2021?

[cryptopub]

Since the emergence of cryptocurrencies and blockchain technology, the interest in the industry has only gone up and up and up. More and more investors, traders, and holders have emerged over the past few years. Analysts expect that this is only just the beginning.

At first, the only crypto blockchain was Bitcoin (BTC). This blockchain used a Proof-of-Work (PoW) consensus to confirm the transactions on its blockchain. PoW consisted of a lot of energy and proved a bit of a burden to its miners. Not to mention, the equipment needed to mine Bitcoin with PoW was another hurdle on its own.

Staking some crypto assets can be a very rewarding decision. Either in terms of actual financial gain or in terms of being a part of something revolutionary that could change the world for the better. Certainly, staking coins is a big decision and should not be taken lightly.

 

[Jupiter147]

Defi coins that have the best staking Returns.

1. Pancake swap (94% APY)
2. Dodo ( 91%APY)
3. Shiba Inu ( Multiple returns bi-weekly)
4. Binance ( Multiple Returns)
5. True Defi.
6. FEG Exchange ( Multiple returns)
7. Peak Defi ( 71% APY + Pyramid Scheme Team Building Advantage )
8. BIFI
9. Kusama

 

[Suba]

Staking as passive income is also waiting for the price to rise in the future, rather than the crypto we have stored in a wallet and it doesn't produce anything, it's better for us to staking, I'm currently staking crypto including Reddoin, Tron, Cardano, but I think the other two are Ethereum 2.0 and Binance.

 

[Mihail]

For sure Cake is the best from all of them, who don't love cakes !

 

[Nite]

Staking can be a highly rewarding decision for cryptocurrency investors. I think, the top 5 best coins for staking are Ethereum, Cardano, Binance Coin, Tezos, and Cosmos. These coins offer a combination of high potential for earnings, credibility and stability, and overall market demand for staking. But, it's important to research and seek professional advice before making any staking decisions as it involves risks. By staking, you not only have the opportunity to earn passive income but also contribute to the growth and development of the cryptocurrency ecosystem.

 

[ImamShaheb]

These are some of the best coins for staking at Bitget...

 

[Nite]

Ethereum 2.0 can be good for staking. It introduces a new consensus mechanism called Proof of Stake, which allows users to stake their ETH in order to validate transactions on the network and earn rewards. This creates a more energy-efficient and secure network compared to the current Proof of Work system. Additionally, staking rewards in Ethereum 2.0 are estimated to have a higher annual return compared to traditional investment options.