Interested in adding staking coins to your crypto portfolio to earn “interest” in the form of new tokens? Then, you have come to the right place.
In this article, you will discover a list of top stakable coins for 2020.
What is Crypto Staking
Before we get to our list of the best staking coins for 2020, let’s take a moment to talk about what, exactly, we mean by “staking coin.”
While bitcoin and many altcoins use Proof-of-Work consensus models, there are also many projects that use a newer consensus algorithm referred to as Proof-of-Stake (PoS). In PoS-based blockchains, the security of the network is guaranteed by participants who “stake” coins. As a reward for contributing to the network, holders who stake their coins are rewarded in newly-minted coins.
So, which coins are the best staking coins for 2020? Fortunately for you, we’ve done all the legwork in finding some of the foremost choices available.
Best Staking Coins of 2020
If you want to know which coins are best for staking this year, take a look at our list below. We have used criteria such as ROI, exchange availability, and minimum staking requirements, among others, to rate and rank the coins.
We have provided you with ten solid staking coins that offer plenty of flexibility and potential in the world of digital assets. Not all of these altcoins may be for you, but there is no shortage from which you can choose.
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