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Best 5 Staking Tokens To Triple Your Crypto Holdings In 2024

14d ago
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etfswap

The post Best 5 Staking Tokens To Triple Your Crypto Holdings In 2024 appeared first on Coinpedia Fintech News

In today’s world, crypto has become one of the most popular investments, and crypto Investors are always looking out for the next top coins to buy to make maximum gains. Top staking tokens usually benefit investors in multiple ways including helping them make passive crypto income and getting voting or governance in some crypto communities.

Staking, unlike day trading, involves locking up crypto investments in wallets. This helps investors gain traction in bearish markets while receiving a great percentage yield. So, what are some of the best staking tokens out there for investors to look out for?

ETFSwap (ETFS) Leads Staking Tokens

ETFS is the native coin of the trading platform ETFSwap which allows investors in its ecosystem to seamlessly trade different exchange-traded funds. ETFSwap allows investors to trade not just a few but a host of different ETFs in a variety of sectors, including technology, health, transportation, oil, and gas.

ETFS is built to be deflationary, which can help maintain its price and compete well with other tokens available in the market. Holders of ETFS get more than the coin itself. They also acquire governance rights to participate in the token’s future as well as a chance to earn up to 87% Annual Percentage Rate (APR) yield by staking ETFS tokens. 

The token is currently available in presale with a total 40% of the supply reserved for the public sale. The Stage 1 of the presale has been incredibly successful so far with over $200,000 raised.

Current ETFS Presale Price: $0.00854

Cardano (ADA) Staked Supply Crosses 64%

Delegating Cardano (ADA) to its staking pool is equivalent to validating transactions on the Cardano (ADA) blockchain. Doing this grants the investors staking rewards which are largely in monetary compensation for participating in the development of the blockchain. 

With a reward rate APY of 2.04%, Cardano (ADA) yields are higher than traditional investments. Staking it is also easy; it requires no technicalities and tools unlike mining, and investors who stake their ADA tokens also help in developing the platform, so it’s a win-win for everyone.

ADA Current Price: $0.4601

ADA APY Rate: 2.04%

ADA Staking Market Cap: 774.6B

Total ADA Staked: 22.8B

ADA Percent Staked: 64.36%

Near Protocol (NEAR) Is A Top Bet For Staking Tokens

Staking NEAR works for both Near Protocol investors and the platform. The platform gets more secure with every staking activity, while staking investors get additional NEAR tokens as rewards. 

However, NEAR Protocol has more to offer than just rewarding users with NEAR tokens. Staking NEAR also grants investors governance rights on the NEAR Protocol platform. By staking tokens, users help to distribute power among token holders and contribute to the security and decentralization of the platform.

NEAR Current Price: $7.21

NEAR APY Rate: 9.16%

NEAR Staking Market Cap: 94.8B

Total NEAR Staked: 510.7M

NEAR Percent Staked: 49.11%

Mina (MINA) Takes Crypto Staking By Surprise

Staking on the Mina Protocol (MINA) allows investors to help in validating transactions and block production which improves MINA’s security and reliability. Staking tokens also gives investors the power to shape the future of MINA.

In return, stakers on the MINA platform earn rewards for their contributions and of course the higher the stakes, the higher the rewards get. With a reward rate APY, MINA is one of the best staking tokens any investor can pick.

Current MINA Price: $0.903903

MINA APY Rate: 11.24%

MINA Staking Market Cap: 76.5B

Total MINA Staked: 974.7M

MINA Percent Staked:  92.53%

Crypto Investors Stake Tezos (XTZ) For High Rewards

Tezos (XTZ) is designed to be an open-source platform that enables fast, peer-to-peer transactions. It is a highly versatile platform that does a little bit of everything including supporting smart contracts, Decentralized Finance (DeFi), Non-fungible tokens (NFT) projects, as well as the creation of Decentralized Applications (dApps).

Tezos (XTZ) has a user-friendly interface which makes it a top choice among investors of all kinds. The platform also does not have a minimum requirement set, so investors with different sizes of investment capital are welcome to stake. 

On the Tezos (XTZ) platform, other cryptocurrencies and even fiat currencies are supported, so you can purchase XTZ with anything from Bitcoin to the US dollar. This flexibility and interoperability has made Tezos (XTZ) a top choice for crypto investors.

Staking the Tezos (XTZ) token has become one of the favorite ways long-term crypto investors earn a passive income while also contributing to the development and functionality of the Tezos blockchain itself. 

Current XTZ Price: $1.27

XTZ APY Rate: 4.62%

XTZ Staking Market Cap: $40.7B

Total XTZ Staked: 664.9M

XTZ Percent Staked: 68.47%

For more information about the ETFS Presale:

Visit ETFSwap Presale

Join The ETFSwap Community

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