Here are the Most Preferred Passive Income Altcoins

By DHEagle | CryptoTent | 6 Jun 2020

Digital assets focused on staking (passive return) have become widespread with investors who will eliminate the volatility of the crypto market and watch their assets grow over time.

As a result, many crypto exchanges quickly supported the ability to pull crypto users to store / lock their digital assets on their platform.

Bitfinex, Binance, OKEx, Poloniex, KuCoin, Coinbase and more exchanges are now on this list.

Investors Prefer Tezos (XTZ), EOS and Algorand (ALGO)

With this brief background, the team at StakingRewards.com has analyzed locked digital assets during accumulation and concluded that Tezos (XTZ), EOS, and Algorand (ALGO) are the most stakeholded digital assets.

Below is a chart from StakingRewards.com, which offers a better visual sign of the best digital assets by crypto traders.

From the chart, it is seen that investors prefer the shares of ATOM, Tron (TRX), DASH, Nem (XEM) and Wax (WAXP).

Locked in 10 Billion Dollars Staking

Also, another chart on StakingRewards.com reveals that the total amount of digital assets stake is $ 10 Billion. This value represents 3.57% of the total crypto market cap of $ 280 billion at the time of writing this. The table below provides additional analysis on this subject:

Why Staking is a Safer Option in Crypto Trading

As a result, crypto traders have found the staking space as a safer area than to risk capital trading crypto or futures contracts right in the middle of volatility in the market. Looking at the Binance Staking page, it turns out why the idea of locking digital assets is so attractive. Below is a list of digital assets and their respective annual returns that can be used to stake on Binance.

Tezos (XTZ):% 6 - 7

EOS:% 1-3

Algorand (ALGO):% 8 - 10

Throne (TRX):% 7 - 9

TOMO:% 1 - 5

ARK:% 1- 3

ARPA -% 1- 10

LİSK:% 1 - 2

THETA:% 1 - 2

LOOM:% 10-12

Kava (KAVA):% 14-16

ATOM:% 6 - 9