Best Staking Coins – Earn Staking Rewards With PoS Cryptocurrencies [2020 Edition]

Trading is not the only way to earn money with crypto. Passive income with coins is possible through staking as well. But not all coins are good for staking, some are better than the other and for this reason, we compiled this list of best staking coins to reap staking rewards.

Usually, people think that the only way to make a nice amount of money in crypto is to buy them in the lower price and sell them when the price rises. However, there are hundreds of other smart ways to earn money in the crypto space. Proof of stake cryptocurrencies that pay good staking rewards are becoming a dominant, emerging trend because they offer a hint of sustainability and real value.

Here is an article about how and where you can host a masternode.

Different Ways of Earning Passive Income in the Crypto Space

There are different ways to earn passive income from crypto coins or tokens, but these differ from currency to currency because each has its own way of operating and has its own rules and regulations.

A number of cryptocurrency projects offer some form of a reward for their holders. Usually, you hold a certain amount of the tokens in a compatible wallet, and then each designated period (between every day, to every quarter), a deposit is made to your account that holds the coins. It’s extremely important to make sure you use the right type of wallet because if you keep your coins on a crypto exchange, the exchange will probably get the rewards instead of you.

The most popular ways that actually pay you rewards are:

  • Staking – Holding a Proof-of-Stake (PoS) coin in a special wallet (usually the official wallet of the currency) and getting payouts for the length of time you hold.
  • HOLDing – Purchasing and holding a cryptocurrency in any crypto wallet.

Based on these different types, I am listing a few cryptos that have bright future and that are, in my opinion, worth holding.

Best Staking Coins – Earn Passive Income

NEO

neo-logo

NEO is surely one of the most known staking coins – it is a popular cryptocurrency that supports smart-contracts and has been referred to as the “Chinese Ethereum” as it provides similar functionality, including support for DAPPS and ICOs. This platform is being developed by Onchain, a Shanghai-based company, which started out life as “Antshares” and just recently went through a rebrand to become known as NEO.

Alongside the coin “NEO” there is another one called “GAS,” which can be staked in an NEO wallet for a nice return.

To receive the GAS you must hold your NEO in a wallet and not on an exchange (except Binance and Kucoin that let you stake them), but only a few wallets let you claim the GAS. That’s why it’s very important to pick the right wallet to get the GAS as dividends from the official website here. One more thing worth noting is that it doesn’t require you to keep your staking wallets open at all times like in other Proof-of-Stake cryptocurrencies.

The return one earns is in the form of NeoGAS, which is a unique reward paid by NEO to investors that are holding NEO coins. At the time of writing this article, NeoGAS is worth $44.5. Here is our full guide on NEO and another one gas.

NEO stakers can expect an annual return between 4-6%. For a more accurate earnings estimate, see the NEO staking calculator.

Buy NEO Now

Binance Coin (BNB)

Binance launched its mainnet recently and the blockchain of the most popular crypto exchange will be blazingly fast because it will use a type of Proof of Stake (PoS) consensus and a Byzantine fault tolerant (BFT), wherein you can send or receive assets, burn or freeze your tokens, create trading pairs on Binance DEX (decentralized exchange) and many other benefits for holders of BNB.


Trade while you sleep with two of the cryptocurrency bots on the market - Cryptohopper or Tradesanta.


Considering how fast and successful was the development of Binance ecosystem, this coin is one of the most likely that will appreciate in the future, meaning your staking earnings will grow even more if you hold your BNBs. So, if you are into staking, Binance coin is a must presence on your staking repertoire.

PundiX (NPXS)

Pundi X is a lesser known coin but due to its good staking design it is also deservedly on our list of best staking coins. It believes cryptocurrency adoption is stymied by a categorical complexity in exchange perceied by the average would-be user. Point-of-sale terminals coupled with a mobile application and smart card are Pundi X’s solution to more rapid cryptocurrency adoption.

This end-to-end system is also open source, something the team believes to be an important feature for any project building in the cryptocurrency space. Pundi X initially plans to distribute merchant hardware to a select demographic for free. Pundi X’s bundle of products (e.g. point-of-sale devices, bank cards, etc.) plan to be gradually announced and sold to merchants and consumers.

At current prices, you can buy 1.5 million of NPXS for $1000 which would give you a ROI of $220 per year. So that is a solid 22.8% yield per year. 

You can trade NPXS on Binance, HotBit, UpBit and many other big exchanges.

Komodo (KMD)

Komodo, a code fork of Zcash, is a privacy-focused cryptocurrency that leverages a menagerie of unique features implemented by different existing blockchains in an attempt to create a more private, secure, interoperable, decentralized blockchain network. Instead of competing directly with leading protocols like Bitcoin, which Komodo believes to be a futile effort, the project is an effort to experiment with a different combination of familiar parameters.

At current prices, you can buy 1050 of KMD tokens for $1000 which would give you a ROI of $50 per year in staking rewards. So that is a modest but stable 5% yield per year. Not the top coins to stake, but still featured in our and many other lists of top staking cryptocurrencies.

You can trade KMDS on Binance, Huobi, Bittrex and many other big exchanges.

Nuls (NULS)

NULS is a good coin for staking – it is a global blockchain open-source project which is a highly customizable modular blockchain infrastructure; it consists of a microkernel and functional modules. 

NULS provides smart contract, multi-chain mechanism and cross-chain consensus. It aims to break the technical barriers of blockchain, to reduce the cost of development, and to promote the usage of blockchain technology in the commercial field.

Check out our guide on the next big cryptocurrency.

At current prices, you can buy 2500 of NULS tokens for $1000 which would give you a ROI of $150 per year. So that is a solid 15% yield of staking rewards per year. This makes it an unavoidable cryptocurrency to include in this list of best staking coins.

You can trade NULS on Binance, Huobi, OKEX and many other big exchanges.

trading bots

Read our updated guide on best bitcoin trading bots.


Decred (DCR)

Decred forked from the Bitcoin codebase when a proposal for new suite of features to be added to Bitcoin from Company 0 was rejected by the Bitcoin core team. It added the option of staking to go along the proof of work.

Named btcsuite, these features became the core of the Decred project. Decred’s governance and consensus mechanism relies on a PoW/Proof-of-Stake (PoS) hybrid, which the project regards as a sort of “second authentication factor for consensus” by enabling coin holders to curb potential miner centralization, Decred employs a governance body called the Politeia to guide the project’s direction and fund operations from its treasury.

The treasury is funded via a block subsidy representing 10% of each block reward. To obtain funds proposals are made to the Politeia which votes to either approve or reject the proposal. Once approved the funding for a proposal is released from the treasury dependent on achievement of agreed upon milestones.

Holders of the projects native token, DCR, can earn block rewards by staking their tokens in exchange for tickets. The staking rewards mechanism functions like a lottery, assigning the block reward randomly to ticket holders.

To bring greater certainty to earning rewards many users choose to assign their tokens to a staking pool. Which obtains tickets en mass using participants pledged DCR holdings increasing the chances of pool participants receiving rewards.

At current prices, you have to buy at least 109 of DCR tokens which will cost you $1800 which would give you a ROI of $225 per year in staking rewards. So that is a solid 12% yield per year making it one of the best staking coins in the market.

You can trade DCR on Binance, Huobi, DragonEX and many other big exchanges.

VeChain (VET)

Vechain Thor

VeChain Thor moved to their own blockchain from ETH network and use a derivative of proof of stake mechanism with some unique and interesting twists to their staking design. The VeChain Thor platform uses two different tokens:

  • VeChain Tokens (VET)
  • Thor Power (THOR)

The VeChain Token (VET) is designed for companies as the smart payment currency to run business activities on the blockchain. During the transition period, the companies that hold more VET will be given higher priority and more rights on the new VeChain Thor blockchain.

On the other hand, the Thor Power (THOR) will be given to VET holders. They can use it to perform smart contracts and run applications on the blockchain. This is similar to the way NEO produces the GAS token for its holders. Read our beginner’s guide about VEN/VET.

NavCoin (NAV)

NavCoin Coin

NavCoin is a PoS fork of Bitcoin, created back in 2014. You only need to keep your coins in a Core Wallet to be able to stake. The wallet is very lightweight and can be done via Raspberry Pi. The staking rewards are around 5% annually which is not much but since the process is literally just set and forget, it is still a nice boost for your budget with almost no effort.

For a more precise estimate, see the NAV staking calculator.

LISK (LSK)

lisk logo

Read our updated review of Coinmama exchange here.


Lisk is an older staking coin – it is a decentralized network with its own blockchain, like Bitcoin, Bitshares or Nxt. However, Lisk doesn’t use Proof of Work (PoW) like Bitcoin, or Proof of Stake (PoS) like Nxt, rather they use a consensus algorithm called Delegated Proof of Stake (Dpos), which is a simplified implementation of BitShares’ original consensus algorithm. Every LSK holder can vote for mainchain delegates that are securing the network, and only the top 101 users with the heaviest votes (i.e. highest number of Lisks individually owned) have a say in problem solving resolutions and are able to cast votes to carry forward motions. Only these top users can earn block generation rewards, which means there is a financial incentive to become an active delegate. Every other delegate is on standby awaiting to become elected.

ARK

Ark token

Staking ARK pays up to 10% staking rewards on coins when you stake them and vote for one of the 51 delegates. These dividends are paid out every few days (or sometimes daily) so you’re getting instant growth in your tokens and this makes ARK one of the best coins to stake.

There will be a total of 128,694,286 Ark Coins. Currently, 97,444,286 of these are in circulation, with Ark using the delegated Proof of Stake.

Read our updated guide on most profitable coins to mine.


PIVX

PIVX

PIVX (Private Instant Verified Transaction) is an open-source, decentralized cryptocurrency that is trying to be anonymous by applying Zerocoin protocol. PIVX is forked from DASH and is attempting to build a usable digital means of exchange that is easy to spend privately and securely in everyday life.

It’s important to note that any amount of PIVX can be staked in the wallet. Also, a proposal was recently passed to give some voting rights to all stakers, which means that you don’t need to hold a full 10,000 PIVX to earn staking rewards and vote. Each block (every 60 seconds) a reward is released at random in chances proportional to the amount of coins being staked, but in this case, the wallets need to be open and online for a certain amount of time to claim the staking rewards.

The list of staking coins keeps growing…

The list of staking coins keeps growing: Neblio, PayFair, Ontology, Tezos, Particl, etc.

Conclusion

As you can see, there are quite a few ways to earn a cryptocurrency reward. Holding, staking and running masternodes in 2020 will really take off and through the use of these methods, it’s possible now to hold various cryptocurrencies and earn a relatively regular return by doing so.

Brave Browser is faster and more private browser that has its own cryptocurrency ecosystem. Install it now!
trade crypto on etoro
eToro Risk Warning: 75% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
 

Nysatellite-Printfair's writers and guest post authors may or may not have a vested interest in any of the mentioned projects and businesses. None of the content on Nysatellite-Printfair is investment advice nor is it a replacement for advice from a certified financial planner. The views expressed in this article are those of the author and do not necessarily reflect the official policy or position of Nysatellite-Printfair.com

Phil Traugott is a staff writer at Nysatellite-Printfair. As a trained marketing specialist for copywriting and creative campaigns, he has been advising top companies on the following topics: online marketing, SEO and software branding for more than 10 years. The topic of crypto currencies is becoming increasingly important for companies and investors and he found it very alluring and fitting for his skillset which prompted him to pivot his career towards blockchain and cryptocurrencies.

30 Comments
  1. You missed possibly the biggest one which is LISK

    • Linda is another good POS coin, i would recommend adding but all and all good article

    • Not really, Lisk is run by a cartel of delegates who keep the reward. It’s very misleading for Lisk to be in this list as the general holder does not receive any dividend.

    • Thanks for noticing that. LSK will be added!

      • Why have you added Lisk? The only people receiving tge reward are the delegates who rarely, if ever pay out to the voter/staker.

        You can pretty much do a simple search and find that the delegates are controller by a cartel like organisation who vote for each other.

        It is definitively not a dividend paying crypto.

  2. Great 🙂

  3. Truckcoin has the best payout – *up to 200% per year (depending on built-in inflation control).
    Plus rumors of being involved in a multi-billion dollar transportation industry.
    Running strong since 2014, this is one to watch.

  4. The comments below are FUD. Yes, a significant part of the current Lisk delegates are members of a cartel, but that cartel does regularly pay out voting rewards (as long as you vote for all required members), as do other independent delegates. Each delegate has a minimum amount that you need to collect before they pay you, so you might not receive any coins in the first weeks if you don’t have much LSK, but it starts coming eventually.

  5. You missed Steem, you can lend/delegate your Steem and earn 40+% annually, interest payment every day.

  6. You can put your Stellar Lumens into a pool and receive 1%.

  7. Etheroll (DICE) is another that has quarterly dividends of the house wins. If they lose than nothing.

    EtHorse (HORSE) is a new gambling / prediction platform that takes a 5% rake from every “race” and splits that evenly among the tokens. With volume it should generate great dividends.

  8. You forgot Wings which generated over 6M$ in rewards and going to distribute 15M$ more.

  9. Castle coin is another great one given it pays out other crypto coins AND has staking rewards AND masternode rewards!

  10. You should list MineXcoin…they have daily, weekly, monthly and yearly interest payments. A great coin to look into.

  11. And also do an article / review on MinexCoin and LindaCoin… And add them to this article..

    Linda is steadily climbing up in Cryptopia with massive Volume!
    I got in around 10 satoshis and im still getting more. Its ca. 36 sats. Now.. June 15th..

    ReddCoin and SocialSend and Electra are partnering with Linda.. They are making a REAL passive staking platform supporting several coins.. Get your coins now my friends! Before the Bankers get in…

  12. Thanks for the useful information about tokens that generate a passive income. I also would like to share with you and the community this website that keep a curated lists about crypto tokens that give a passive income by holding them: https://haicryptocashflow.com

  13. Great article! I found https://topstaking.com/staking-coins/ helpful when I was searching (staking coins, pos coins, etc)

  14. You forgot about Ontology ONT which is pos I believe. Used to be on NEO blockchain but now has its own chain. Holders are rewarded with ONG similar to the GAS you get for staking NEO.

  15. Im curious if KuCoin and Binance will let you stake other coins besides Neo and benefit from the “dividends” of other coins as well?

  16. You missed nuls currently 15% and a solid project in the top 200

  17. You forgot TRON (TRX). When you freeze TRX and vote for superrepresentatives, you get voting rewards. Also there are token-airdrops, when you hold TRX.
    People received their first amount of BitTorrentToken (BTT) about two days ago. This can be sold on several exchanges. And one should not forget all the tokens that grant you dividend shares in gambling dapps like Tronbet ANTE.
    As far as I know, TRX is the most viable option, when it comes to passive income.

  18. Ardor has a new rewards program going where you get tokens on the Ignis child chain for forging on the Ardor parent chain. Pretty interesting incentive. https://www.jelurida.com/nxt-ardor-forging-rewards

    API info:
    https://ardordocs.jelurida.com/Forging

    Info on Forging: https://ardordocs.jelurida.com/Forging_(f)

  19. Blocknet (block) is a great one for Staking,
    Currently it’s %17-%19
    (Of course this could change like any Staking coin with the amount of stakers)
    No minimum requirements as well.
    Trading at just above $2 now and is predicted to go in the hundreds within a few years..

  20. Aegeus one of them

  21. CRO and MCO up to 18%

    Leave a reply