27 Dec 2022 · 25 min read

17 Best Staking Coins to Invest in 2023

Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.

Crypto staking allows investors to lock-up their holdings and earn free crypto via passive income and governance rights. Complementing a buy and hold investment strategy, staking crypto is also an effective way to guard against a bear market cycle without having to cash out and realize losses.

This guide reviews the best crypto staking coins to invest in for 2023, and where they are listed to buy.

17 Best Staking Coins to Buy Now

Our top staking coin rankings include new crypto projects set to roll out staking products, and established big caps with a large community of holders.

  • Meta Masters Guild - Best Staking Coin With High Returns and P2E Rewards
  • Fight Out - Upcoming Crypto Coin Offering Membership Rewards For Staking
  • C+Charge - Emerging Green Coin with Staking Benefits that Promotes Sustainability
  • RobotEra - New Presale with Staking and Other Income Streams
  • Calvaria - P2E Card Battle Crypto with Staking Rewards For Players 
  • Tamadoge Tamadoge - Meme Coin and P2E Project on OKX, a High APY Staking Platform
  • Battle Infinity - Metaverse Platform that Generates Passive Income via Staking
  • Lucky Block - Hold LBLOCK to Win NFT & Crypto Rewards
  • Ethereum - Largest Altcoin with Proof-of-Stake Upgrade Since Merge
  • Cardano - Staking Network Handling 75,000 Transactions per Second
  • Solana - Potential 'ETH Killer', Earn over 5% Annually by Staking SOL
  • Polygon - Over $2.36 Billion MATIC Staked on the Polygon Network
  • Avalanche -  Cryptocurrency Providing High Returns to Network Delegators
  • Binance Coin - Native Token of the Biggest Cryptocurrency Exchange
  • Polkadot - Earn 14% APR by Staking DOT, Top 20 Crypto Token
  • Tezos -  Web3 Network with Staking Options, Eco-Friendly Crypto
  • Algorand - Pure Proof-of-Stake (PPoS) Staking Protocol

Analyzing the Top Cryptos to Stake

To get a better idea of the best staking tokens, the sections below provide an in-depth review of some of the best cryptocurrencies in this niche.

1. Meta Masters Guild - Best Staking Coin With High Returns and P2E Rewards

Meta Masters Guild (MMG) is shaking up the web 3.0 gaming industry with its innovative gaming project that rewards players with P2E benefits for playing mobile-focused crypto games. The platform also allows players to stake $MEMAG and earn additional income.

With a successful fundraising campaign, MMG has attracted significant investment by quickly surpassing the $2 million USDT milestone. Presently, buyers have the chance to buy the $MEMAG tokens at a discounted price of $0.016 USDT, but this rate is set to increase to $0.019 USDT in the upcoming presale round.

$MEMAG provides a variety of capabilities within its platform, such as the ability to stake, trade NFTs in its digital marketplace, earn Gems, and access additional perks.

MMG is also addressing significant challenges in the Play-to-Earn industry by enabling users to obtain unique non-fungible tokens (NFTs) and easily integrate them with their digital wallets, revolutionizing how individuals interact with their games.

The project has introduced an in-game currency called Gems to incentivize players to engage in gameplay and earn additional in-game currency. Players can acquire Gems by participating in various games on the platform and exchanging them for $MEMAG tokens.

In line with its litepaper, MMG intends to collaborate with prominent game developers to broaden its presence in the gaming industry. The platform has incorporated the $MEMAG token into its games, offering players alternative financial incentives and fueling the growth of $MEMAG token utilization and recognition.

$MEMAG Tokenomics

The $MEMAG token runs on the widely used Ethereum ERC-20 protocol. The total supply is 1 billion, with 350 million offered during the presale.

For the latest updates, potential users can join the MMG Telegram group.

Presale Started11 Janaury
Purchase MethodsETH, USDT, Transak
ChainEthereum
Min Investment1000 MEMAG
Max InvestmentNone

2. Fight Out - Upcoming Crypto Coin Offering Membership Rewards For Staking

By encouraging users to complete their fitness regimen, Fight Out motivates them to stay on track toward their health objectives. The platform utilizes a unique stake-based membership program, rewarding users based on their level of commitment and the amount staked.

Fight Out has raised over $3.6 million USDT in its presale rounds and is set to launch its IEO on April 5th on a centralized exchange. This launch is predicted to increase the value of $FGHT, reaching an estimated $0.033 USDT.

Before the official launch, investors can buy $FGHT tokens at a discounted price of $0.01825 USDT each.

The membership rewards for staking include perks such as Gym membership, free merchandise, limited edition fighter NFTs, etc.

The M2E platform has incorporated its currency, REPS, to incentivize users within the app. By completing workouts and fitness challenges, users can earn REPS, which can be redeemed for special membership benefits and NFTs.

The project offers a unique, interactive experience by allowing users to create custom NFT Avatars reflecting their physical fitness progress. This cutting-edge feature gives users an in-depth view of their fitness journey, motivating them to achieve their goals.

Fight Out has established relationships with renowned MMA fighters such as Amanda Ribas and Taila Santos, enhancing its standing among fitness fans. These partnerships with top UFC stars will strengthen Fight Out's authority in the M2E industry.

The project's whitepaper provides a comprehensive overview of its features, enabling users to get a better understanding.

$FGHT Purchase Bonuses & Tokenomics

The $FGHT digital token, used in the project, is built on Ethereum and adheres to the ERC-20 protocol. During the pre-sale phase, 45% of the 10 billion token supply is available for purchase.

These tokens give users access to platform tournaments and offer a 25% bonus when used to purchase REPS.

To incentivize early purchases of $FGHT tokens, the platform offers a starting bonus of 10% for $500 investments, vesting over six months.

Prospective buyers can stay updated by entering the platform’s Telegram group for the latest news.

Presale Started14 December 2022
Purchase MethodsETH, USDT
ChainEthereum
Min InvestmentNone
Max InvestmentNone

3. C+Charge - Emerging Green Coin with Staking Benefits that Promotes Sustainability

C+Charge transforms the EV charging process into a seamless experience while promoting eco-friendliness. EV drivers are rewarded with carbon credits through C+Charge, a win-win for both users and the environment. In addition, the project allows users to stake their $CCHG tokens over a period of 36 months.

The platform has witnessed significant investment in the presale phase within a short period, reaching nearly $460,000 USDT. Buyers can secure their $CCHG tokens at a bargain price of $0.013 USDT before it's expected to soar to $0.0165 USDT in the upcoming presale stage.

C+Charge's innovative solution allows EV owners to charge their vehicles while contributing to sustainability through its unique incentive program. The project rewards EV drivers with carbon credits that can be earned and stored in their digital wallets by using $CCHG tokens for charging payments.

The platform elevates the charging experience through its app. It provides real-time carbon credit monitoring, up-to-date charging station information, transparent pricing, easy payment options, and personalized charging station recommendations.

The app's geolocation technology makes it a breeze for EV owners to find the nearest charging stations with just a few taps.

The comprehensive C+Charge whitepaper thoroughly explores the platform's innovative features, including its cutting-edge sustainable incentive program.

$CCHG Tokenomics

The $CCHG token, native to the C+Charge platform, operates on the Binance Smart Chain and has a finite supply of 1 billion units. 40% of the total $CCHG tokens will be offered for purchase during the project's presale rounds.

These tokens stand out with their unique "burning" mechanism that adds scarcity to the supply and increases the token's value for EV owners every time it is used for charging payments.

Keep informed about the latest advancements by joining the C+Charge Telegram Group.

Presale StartedDecember 16
Purchase MethodsBNB, USDT, Transak
ChainBinance
Min PurchaseN/A
Max PurchaseN/A

4. RobotEra - New Presale with Staking and Other Income Streams

RobotEra is a new crypto presale project that includes staking its native TARO token as just one of many ways to generate passive and active income.

The presale launched in mid-November with tokens on sale for $0.02 - although the price will increase through three presale stages.

RobotEra, which is an LBank Labs project and features a doxxed and KYC-verified team, offers staking as just one of many ways to earn rewards from its ecosystem and is among our best altcoins to buy.

The play-to-earn game will see players mint Robot NFTs to rebuild the destroyed planet Taro, buying and building infrastructure upon metaverse plots of land.

The plots can be monetized not only through staking, but by mining the land for resources, building event spaces where admission can be charged, selling buildings, or selling billboard space to advertisers.

Players can also earn rewards for participating in other events and concerts and going on quests, as well as upgrading and customizing robot companions and selling them as NFTs on the open market.

No prior coding knowledge is needed to build in the RobotEra metaverse and the developers expect new utility to emerge over time as builders make the world their own.

As well as generating passive income, staking tokens also grant stakers voting rights in the RobotEra DAO.

The project is currently in stage 1 of its presale, with the price to increase to $0.025 and then $0.032 - 60% from stage 1 - in the final stage.

A total of 270 million tokens (15% of the max supply) will be sold in the presale with no vesting period and a hard cap of around $7 million.

Read the RobotEra whitepaper or join the Telegram group for more information.

Presale StartedNovember 2022
Purchase MethodsETH, USDT
ChainEthereum
Min Investment1,000 TARO
Max InvestmentN/A

Visit RobotEra Presale Now

5. Calvaria - P2E Card Battle Crypto with Staking Rewards For Players

Players can dive into the captivating world of Calvaria: Battles of Eternity card game, where each card boasts a distinct character, enhancing the immersive experience and offering opportunities for rewards through its exclusive P2E system. Players can also stake the $RIA tokens to earn additional rewards.

The platform experienced growth in user engagement and fundraising efforts, surpassing the $3 million USDT mark after its successful presale. The platform is now preparing for its upcoming Initial Exchange Offering (IEO) at the beginning of February.

The $RIA token, native to Calvaria, operates on the Ethereum blockchain and grants access to the project's DAO. Holding $RIA also opens up the possibility for staking income.

Calvaria offers an innovative rewards system through P2E, enabling gamers to acquire tangible rewards while still having authority over their virtual possessions. With an array of exciting game modes and tournaments, players can enjoy an immersive gaming experience.

The project has formed partnerships with top exchanges like KuCoin, Gate, and XT.com while its team is working to secure listings on other centralized and decentralized exchanges. 

$RIA Tokenomics

With a capped supply of 1 billion $RIA tokens, a total of 15%  of the tokens were sold via the presale rounds. Users can stay informed by joining Calvaria's Telegram channel and referring to the whitepaper for further details.

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6. Tamadoge - Meme Coin and P2E Project on OKX, a High APY Staking Platform

One of the best new cryptocurrency assets in 2023, Tamadoge (TAMA) is a play-to-earn (P2E) token which offers in-game earning opportunities to its gamers. 

Built on the Ethereum blockchain, Tamadoge is a brand-new crypto project and yet to become a staking asset - however, as Ethereum has transitioned to a proof-of-stake (PoS) consensus, the platform will likely offer new features and earning opportunities over time.

In its crypto game, players use Tamadoge on the ecosystem to mint and upgrade Tamadoge pets - Non-fungible tokens that take the shape of virtual pets. Each Doge pet is created using smart contract functionality and is unique in appearance, characteristics and advantages. These avatars can be purchased on the Tama store, along with other virtual items. 

Offering a maximum supply of 2 billion tokens, Tamadoge is a deflationary token and the platform will also burn 5% of all tokens spent to increase the demand against the supply in the long-term.

Concluding one of the best crypto presales in 2022, Tamadoge raised $19 million in just eight weeks before going on to pump to near-2,000% gains from its presale price after listing.

The development team has reserved 20% of the token supply for future listings on centralized (CEX) and decentralized exchanges (DEXs). TAMA is now available to purchase on OKX - a popular cryptocurrency exchange with over 20 million users. 

Notably, OKX is one of the top staking cryptocurrency exchanges. The platform offers 'OKX Earn' - which acts as a one-stop-shop for multiple centralized staking options - including dual investments, staking and P2P lending. 

With OKX, investors can also access DeFi (Decentralized Finance) products such as lending DApps (Decentralized Applications) and accessing decentralized exchanges. Recently, OKX exchange has opened staking options for Ethereum (ETH). A 30-month lock-up period (max 1 ETH) can provide investors with up to 25% APY (Annual Percentage Yield). OKX also supports Terra Classic staking and meme coin staking.

Traders can buy TAMA on OKX via the decentralized (DEX) and centralized exchange (CEX). 

As part of its 2023 roadmap, Tamadoge is working on an Augmented Reality app, which will retain the P2E dynamics as the web-based feature. Tamadoge also plans to release an arcade-style Tamadoge game, partner with various metaverse projects and list the token on multiple exchanges in 2023. 

Follow the Tamadoge Telegram Channel to stay updated with the latest news surrounding Tamadoge including any crypto giveaways it may be offering. Telegram admins will never DM you first.

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7. Battle Infinity - Metaverse Platform that Generates Passive Income via Staking

Battle Infinity (IBAT) is an upcoming metaverse-based P2E cryptocurrency, offering players the opportunity to earn rewards via staking, playable NFTs and more. 

Battle Infinity settles transactions and rewards users with IBAT - the native cryptocurrency. Players can purchase and swap IBAT with other popular cryptos via the IBAT Battle Swap - Battle Infinity’s decentralized exchange. One of the most exciting P2E elements on Battle Infinity is the IBAT Battle Swap - a cryptocurrency staking platform. 

Players can stake IBAT to accumulate interest and even conduct duo staking options - where IBAT can be staked against another cryptocurrency. One of the best future cryptocurrency projects to invest in, IBAT is gaining popularity due to its metaverse P2E environment - the Battle Arena. 

On the Battle Arena, all items and characters are minted as NFTs, via ERC 721 smart contract functionality. Players can create their own NFT avatars on Battle Infinity’s NFT marketplace and access the arena via VR headsets.

After selling out its 3-month presale in 24 days, IBAT launched on PancakeSwap to complete one of the best new coin listings of 2022. In August 2022, the token reached a price of just over $0.01 - a 7x price increase compared to its $0.0015 launch price. 

Read the latest details on IBAT staking on the Battle Infinity Telegram.

Its second product, Battle Swap - an in-house decentralized exchange (DEX) - is now live.

Stake Battle Infinity

8. Lucky Block - Hold LBLOCK to Win NFT & Crypto Rewards

Lucky Block is an NFT-based competition platform, allowing players to participate in daily crypto & NFT draws.

Built on the Ethereum chain, Lucky Block will also move to the PoS protocol with the Ethereum upgrade. Players can participate in competitions by purchasing and staking exclusive utility NFTs built on the platform. 

For example, the Platinum Rollers Club NFT collection gives players exclusive access to the Platinum NFT competitions. Players can also enter specific draws with LBLOCK - the native cryptocurrency. Notably, there are two LBLOCK versions - a BEP-20 (V1) token and an ERC-20 (V2) token. 

Launched in January 2022, the BEP-20 token quickly rose by 1,100% within two weeks of trading. This V1 token is listed on DEXs and attracts a 12% sales tax. On the other hand, the V2 token charges no sales tax and is listed on various CEXs such as the MEXC exchange and Gate.io - the 5th largest CEX in the space.

Visit Lucky Block V2

9. Ethereum - Popular Altcoin with Proof-of-Stake Upgrade

One of the largest cryptocurrencies, Ethereum (ETH), has recently transitioned from a Proof-of-Work (PoS) to a Proof-of-Stake (PoS) consensus. 

Thus, it has the potential to become one of the best cryptocurrency for staking in 2023. 

With the upgrade, Ethereum is expected to solve major network concerns related to high gas fees, scalability and transaction speed, as well as cutting energy usage by 99.9%, and the change will make Ethereum one of the best staking coins in 2023.

Alternatively, if you're looking to earn yield on your ETH holding then the best yield farming crypto platforms such as OKX can offer APYs in excess of 5% on certain crypto crosses.

Similarly, for those looking for the best crypto interest accounts, Crypto.com offers an interest rate of up to 6% for ETH.

With the new upgrade, investors will be able to stake Ethereum to help secure the network and earn rewards in the process. However, there is a minimum staking requirement of 32 ETH.

Seen as the best altcoin by many investors, Ethereum is the second largest cryptocurrency behind Bitcoin with a market cap of $148 billion. ETH is currently trading near $1,620 - significantly below its all-time highs of $4,900.

Stake Ethereum on eToro

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10. Cardano - Staking Network Handling 75,000 Transactions per Second

Created by one of the founders of Ethereum, Cardano is considered one of the best proof-of-stake blockchains in 2023. 

ADA, the native cryptocurrency, can be staked on the Cardano network to earn yearly interests in return for validating blocks on the blockchain. 

On Cardano, new blocks are verified through nodes selection. When an individual joins a node, ADA is locked away in that node. After blocks are produced, the nodes earn rewards distributed among the individuals, also referred to as pool contributors. 

Investors can also choose to stake their assets to stake pool operators - individuals who have specialized knowledge to perform the necessary tasks of maintaining the network. One of the best proof of stake coins, Cardano (ADA), can be staked on some of the popular crypto exchanges such as Binance, Crypto.com, eToro and Kraken exchange - of which eToro is the most regulated crypto platform.

With an average of 75,000 transactions per second (TPS), Cardano is one of the fastest networks in the blockchain space. After launching at $0.076 in 2017, ADA reached an ATH of $3.10 in 2021.

Stake Cardano on eToro

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11. Solana - Earn over 5% Annually by Staking SOL

Solana is a decentralized blockchain built to support scalable and user-friendly apps worldwide. The network attracts various DApps (decentralized applications) and developers due to its high speed and low costs - supporting more than 50,000 TPS with an average transaction cost below $0.1. 

A proof-of-stake coin, SOL can be easily delegated to network validators to earn a potentially high annual percentage yield (APY). SOL has an APY of $5.32%, making it one of the best staking cryptocurrency for investors seeking to generate passive income.

In 2021, SOL grew from a price of $1.5 in January to an ATH of $260 in May - a 17,233% price increase. 

However, SOL has suffered a brutal year - especially after the collapse of FTX - and is now trading at near $25.

Invest in Solana via eToro

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12. Polygon - Over $2.36 Billion Staked on the Polygon Network

An open-sourced and permissionless blockchain, Polygon (MATIC) is built on the Ethereum network to offer high-scaling solutions. The native cryptocurrency, MATIC, is used to settle transactions, staked to secure the platform, and has rewarded investors with massive growth in the last few years.

With a total supply of 10 billion tokens, 12% of MATIC is allocated to fund staking rewards on the Polygon network. A PoS consensus, Polygon utilizes a sustainable and environmental-friendly network that does not require large amounts of computational power. 

Anyone can become a network validator by staking MATIC, with the proportion of rewards depending on an individual’s stake. With over 100 global validators maintaining the network, a total of $2.36 billion is staked on the Polygon network. With nearly half a billion worth of rewards distributed from the staking pool, Polygon is one of the top staking coins in 2023.

Buy Polygon via eToro

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13. Avalanche - Cryptocurrency Providing High Returns to Network Delegators

Avalanche (AVAX) is an Ethereum Virutal Machine (EVM) compatible open-sourced platform that functions as a platform for various decentralized applications. One of Ethereum’s top rivals, Avalanche, is also smart contract compatible and offers higher throughput levels. 

Avalanche is capable of handling 6,500 TPS, compared to Ethereum’s 17. AVAX, the native cryptocurrency, can be staked to earn potentially high annual yields. Currently, delegators can earn an average of 8.67% in yearly rewards by staking AVAX, while validators can earn up to 8.97%. 

Delegators are individuals that choose to stake AVAX but give the responsibility of utilizing the staked tokens for network security to the validators.

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14. Binance Coin (BNB) - Native Token of the Biggest Cryptocurrency Exchange 

Binance Coin (BNB) is the native cryptocurrency of Binance - the world’s largest cryptocurrency exchange in terms of trading volume. With Binance, investors can trade over 600 cryptocurrency assets. 

On the exchange, traders access low spot trading fees of $0.1% per transaction. However, BNB token holders can get a 25% discount on this fee, depending on the size of their BNB holdings. Another way to benefit from BNB is through staking options. 

The amount BNB investors earn via staking differs depending on the lock-up periods and the amount of tokens staked. For example, investors staking $5,000 worth of BNB for 120 days can earn up to 12.99% APY. Thus, BNB is potentially one of the best staking cryptocurrency options in 2023.

Trading under $1 in 2017, BNB eventually reached an ATH of $690 in 2021. However, the token has declined significantly throughout 2022. Currently, BNB trades at $312 per token, with a market cap of nearly $50 billion. 

Trade BNB on eToro

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15. Polkadot - Earn 14% APR by Staking DOT

Polkadot (DOT) is a popular protocol enabling cross-chain blockchain transfers of tokens, data and any other type of asset. Polkadot aims to provide a decentralized web which its users can control. Therefore, the blockchain offers staking options for various network operations and maintaining security on the network. 

With a circulating supply of over 1.1 billion DOT, 52% of the available tokens have been staked. One of the major reasons for this is the high annual yields that the network provides. Platform delegators earn an average APR of 14.02% while running validator nodes attracts an APR of 14.83%.

Buy Polkadot on eToro

Cryptoassets are highly volatile and unregulated. No consumer protection. Tax on profits may apply.

16. Tezos - Web3 Network with Staking Options, Eco-Friendly Crypto

Tezos is an open-source and smart contract compatible platform designed to power the Web3 revolution. With Tezos, you can access a high-speed decentralized network where users can directly interface and communicate with each other. 

A key platform component is user-driven governance, an important element of the Web3 revolution. The network offers this by allowing users to participate, evaluate and maintain the site actively. One of the ways of governing the platform is by staking XTZ - the native cryptocurrency of Tezos. 

Requiring lesser energy than Ethereum and Bitcoin to operate, Tezos leverages XTZ to offer a highly sustainable cryptocurrency platform. Currently, delegators can earn an APR of 5.34% by staking XTZ. The platform also has a high staking ratio of 74% - meaning that holders have staked nearly 3 out of 4 XTZ tokens. 

Invest in Tezos on eToro

Cryptoassets are highly volatile and unregulated. No consumer protection. Tax on profits may apply.

17. Algorand - Pure Proof-of-Stake (PPoS) Staking Protocol

Algorand is a decentralized blockchain network operating on a unique consensus known as the Pure Proof-of-Stake (PPoS). Built on the Byzantine consensus, Algorand’s network maintains itself via staking operations. 

With PPoS, users who stake ALGO are randomly selected to propose new blocks and vote on block proposals. Notably, a user's influence is directly proportional to the amount of ALGO they stake on the network. Therefore, users with the highest levels of staked assets have a significantly larger chance of contributing to the network. 

Currently, ALGO delegators can expect an APR of 7.75%. Nearly 3.65 billion of the available 7.34 billion ALGO tokens are currently staked.

Buy Algorand on eToro

Cryptoassets are highly volatile and unregulated. No consumer protection. Tax on profits may apply.

What are Crypto Staking Coins?

Cryptocurrency staking is a process supported with Proof-of-Stake (PoS) digital assets. Crypto staking involves locking up a portion of your token holdings for a certain period to take advantage of certain benefits or rewards. 

How Do Staking Tokens Work?

For example, staking rewards in cryptocurrency works similar to earning interest in your savings account. After staking a portion of your assets, investors can earn interest on their holdings. With fiat currency, the bank typically uses this staked amount from your savings account to provide loans to other customers. 

However, in cryptocurrencies, the staked assets are used to maintain and validate each new block - which is a cryptographic representation of a new transaction on the platform. 

For instance, here is an example of how crypto staking works:

  • An investor wishes to stake Cardano (ADA) to earn interest.
  • The investor stakes $1,000 worth of ADA for 3 months. 
  • The staked ADA is used to secure the network. 
  • The investor earns 5% interest at the end of the 3 months, receiving $1,050 in total. 

Is Staking Cryptocurrency Worth it?

Before investing in some of the assets from our staking coins list, it is important for investors and traders to review the benefits of staking coins. The sections below review if staking cryptocurrencies is a worthwhile investment. 

Earn Passive Income 

Firstly, generating passive income is the biggest benefit of staking cryptocurrencies. While the best proof of work coins like Bitcoin have a significantly high market cap, proof of stake tokens can be leveraged to earn additional income. 

For example, investors can stake their preferred tokens to earn an APY - annual percentage yield. Like a savings account, you generate fixed income yearly from your holdings. This is a great opportunity for investors looking to hold tokens for the long-term. 

With certain tokens such as Polkadot (DOT), investors have the chance to earn returns as high as 14% annually. 

Contribute to Network Security 

Apart from investment opportunities, many users see cryptocurrencies as a new and revolutionary method of making currency completely decentralized. Thus, many networks promote community participation via token governance. 

Staking tokens allow investors to participate as network validators - validating nodes and creating new blocks on the blockchain. Furthermore, network validators earn higher rewards than delegators. 

How to Pick the Best Staking Cryptocurrency

The steps below discuss a few methods of assessing the best staking cryptocurrencies to invest in: 

High APY

One of the best ways of picking the top staking cryptos is by analyzing the Annual Percentage Yield. For example, investors will likely stake their cryptocurrencies with a network providing higher returns. 

With Polkadot, delegators can earn up to 14.84% return on their staked assets. On average, the S&P 500 has returned 11.8% annually since its inception in 1957. 

Lock-Up Time

Many cryptocurrencies offer flexible lock-up periods - allowing investors to stop staking their assets at any moment. On the other hand, fixed lock-up periods are likely to attract a higher rate of return. 

However, investors looking to stake for short intervals may benefit from choosing digital assets that offer flexible options. For example, Cardano (ADA) allows investors lock-up their assets for a minimum of 30 days on Binance exchange. 

Where to Stake Crypto

We recommend eToro for beginners as the safest and best cryptocurrency staking exchange in 2023. eToro is a global multi-asset trading platform with over 27 million users. 

A secure exchange, eToro is regulated by top-tier global bodies, including the FCA (Financial Conduct Authority), FINRA (Financial Industry Regulatory Authority) and the ASIC (Australian Securities and Investments Commission). 

Offering over 60 tradable cryptocurrencies, investors can trade all of the above-mentioned cryptocurrencies in our list. eToro supports staking in namely 3 crypto assets - Ethereum, Cardano and Tron. The yields investors receive depend on their eToro membership card tiers.

For example, the Bronze card members are eligible to earn 75% of the monthly staking yield on Cardano (ADA), while the silver/Gold card members can earn 85%. The Diamond/ Platinum card members receive the highest benefits, as they are eligible to earn 95% of the monthly staking yield on Cardano. 

An efficient and easy-to-use platform, eToro required investors to complete a 5-minute KYC (Know Your Customer) process before accessing their account. 

eToro charges 1% per crypto transaction, which is added to the bid/ask spread price. After making a minimum deposit of $10 (for US and UK customers only), investors can begin trading digital assets at a low cost. Investors can deposit via fiat currency payment methods such as credit/debit cards, bank transfers and e-wallets like PayPal, Skrill and Neteller. 

While its not yet a stakeable crypto token, readers may also be interested in our guide on how to buy Tamadoge as it is listed on OKX which offers a higher APY on a wider range of staking cryptos than eToro.

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Conclusion

Staking cryptocurrencies allows users to earn annual yields by locking up their digital assets for specified amounts of time. We recommend Meta Mastera Guild as our top staking crypto token to invest in.

The project, which offers the world's first mobile-centric gaming guild, is currently in its presale with $MEMAG tokens on sale for $0.016 USDT each. When the game is released it will allow staking as well as a number of avenues to generate active and passive income.

 

FAQs

What coins have the highest staking rewards?

Polkadot (DOT) is currently offering delegators a 14.8% annual yield. Investors can earn up to 12.99% yearly yields by staking at least $5,000 worth of BNB for at least 120 days. 

What is the best crypto to stake in 2023?

In terms of annual yields, Polkadot is one of the best cryptocurrencies to stake. The token offers a yearly yield of nearly 15%. Meta Masters Guild, currently on presale, is another project investors should research as it offers multiple revenue streams, along with staking.