What are the best staking coins for 2022?

cryptocurrency staking

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Crypto staking has been grabbing headlines for a while now and for all the amazing reasons. In 2020, the total volume of crypto staking rewards (annually) was a whopping $20 billion. And the numbers are only rising with each passing year. Featuring an ever-growing collection of staking coins, the crypto staking scene offers a fantastic opportunity for passive income for cryptocurrency holders. Yields or ROI from crypto staking can range from 5-20% annually- however, some of the best staking coins for 2022 even offer 75-100 or even 1,000%+ APY (Annual Percentage Yield) on staking rewards. Read more

As of July 2022, over 100 PoS coins are available for crypto staking. But, there is a catch- not every staking coin out there can assure you a profitable experience with crypto staking. While higher APY n staking rewards is crucial, there are other factors too that should be kept in mind while choosing a coin for staking. The post below offers a brief on the best staking coins for 2022.

Top crypto staking coins for 2022

Before jumping straight to the list of best staking coins for 2022, let’s have a few words on the main criteria to check  before choosing your staking coins.

  • The best staking coins for 2022 should be able to show sustainable growth
  • Look for coins powered by a knowledgeable and established team as well as realistic and ambitious roadmap
  • Finite supply
  • Purpose-driven launch and development

Your chosen best staking coins for 2022 should fulfill all or most of the criteria mentioned above.

Now, let’s get to the list of the best staking coins for 2022.

  • DeFi Coin

A unanimous favorite among the best staking coins for 2022, the DeFi Coin is the native token of a leading decentralized exchange. Popular for stellar staking rewards, the DeFi Coin offers as much as around 75% APY on staking rewards.

It’s to note here, the coin offers a wide range of staking rewards based on the chosen locked-in period of the staker. As a DeFi Coin staker, you can choose between a range of 30 to 90 to 180 to 365 days. The range of staking rewards starts from 30% APY- pretty high compared to annual APY on staking rewards for most of the best staking coins for 2022. For the coveted 75% APY, you will have to freeze the coin for at least 1 year.

  • Polkadot

Powered by state-of-the-art NPoS algorithm, Polkadot is another popular option in the list of best staking coins for 2022. The coin has earned kudos for its excellent scalability offered by the network’s futuristic multi-chain infrastructure. A key reason why we have Polkadot on our roster of best staking coins for 2022 is its high APY on staking rewards. Polkadot offers around 14% APY on staking rewards.

However, just one thing- you will need to stake a minimum 40 DOT to take part in Polkadot staking.

  • Ethereum

Ethereum could be the second largest crypto and one of the oldest in the block yet ETH is a new addition to the crypto staking scene. It was not until the launch of Beacon Chain in 2020 that ETH could be included in the staking zone. Needless to mention that Ethereum has been a favorite ever since its debut in the staking world- and is certainly one of  best staking coins for 2022.

As of now, Ethereum offers around 4-5% APY on staking reward. But, after the launch of Ethereum 2.0, experts are expecting a solid surge in Ethereum staking APY. According to analysts, ETH is poised to offer  up to 7-12% APY once the much-awaited Ethereum 2.0 lands.

  • Solana

The list of best staking coins for 2022 would remain incomplete without the mention of Solana.

Always a top favorite among the staking coins, Solana is an advanced DeFi token backed by a highly scalable blockchain. The Solana network not only assures swift transactions but also highly affordable fees. In regard to APY on staking rewards, Solana offers around 7% – 11% APY.

Solana is available on almost all kinds of crypto staking platforms for best staking coins for 2022.

  • Binance Coin

The native coin of one of the largest crypto exchanges in the world, the Binance Coin is a must-have in our list of best staking coins for 2022. Backed by some of the most esteemed industry leaders in the crypto zone, Binance Coin boasts strong fundamentals. In regard to APY, the coin offers around 6% to 9%.

If you are looking for the best staking coins for 2022 that do not demand a minimum staking amount, Binance Coin would make a fantastic option.

  • Cardano

Riding on an advanced and evolving blockchain project, Cardano is a fixture in the list of best staking coins for 2022. The PoS coin is backed by a highly scalable network that offers a greener alternative to energy-intensive crypto mining processes. Launched in 2017, the coin has grown over 4,500% in just 4.5 years. Good thing is, Cardano is scheduled to incorporate a series of upgrades shortly that will further amp up the market value of the coin.

Another benefit of Cardano staking is that the Cardano network allows flexible staking. So, if you are in search of the best staking coins for 2022 that allow stakers to withdraw parts of staked coins, count on Cardano.

  • Polygon

If you are looking for the best staking coins for 2022 that not only offer high APY but also assures low entry point, then Polygon is the coin for you. The coin offers a high APY, reaching to 9% to even 14%, based on the staking platform. And, you would need no more than 1 Polygon to participate in Polygon staking.

So, you have quite a list of best staking coins for 2022. You can start your staking venture with one coin and then expand the staking portfolio to more numbers of best staking coins for 2022 to improve the potential of staking ROI. The most popular crypto staking platforms are the crypto exchanges that also offer staking services. Otherwise, you also have staking pools and hardware wallets that double up as staking platforms.

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