Top 5 Staking Coins in 2020

By Diviner | SimplyJustCrypto | 3 Jun 2020


With Proof of Stake becoming more and more common, staking has become more popular than ever. Here are my top 5 coins that you can stake and earn passive income with in 2020.

5. Icon (ICX)

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Icon is a blockchain network dedicated to connecting different blockchains together. It aims to make data and other information more transparent. While staking Icon you can expect to earn around 13% per year.

4. Decred (DCR)

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Originally a hard fork of Bitcoin, Decred offers a hybrid proof of work and proof of stake system. Miners are able to validate transactions and earn rewards and at the same DCR holders can gain voting tickets as well. While staking Decred you can expect to earn around 7% per year.

3. Algorand (ALGO)

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Algorand offers a Pure Proof of Stake system that aims to provide ease of accessibility to everyone. It's also one of the easiest coins to stake out there. All you have to do is hold Algorand in your wallet and you're able to generate ALGO immediately. There's no need to delegate your coins to a baker. While staking Algorand you can expect to earn around 5% per year.

2. Cosmos (ATOM)

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Cosmos is a highly popular staking coin that features a Delegated Proof of Stake System. Sitting at 25 on CoinMarketCap, Cosmos aims to create an Internet of Blockchains, connecting different blockchain projects together. While staking Cosmos you can expect to earn around 8% per year. 

1. Tezos (XTZ)

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Until Ethereum 2.0 comes out, Tezos will remain the best and perhaps most popular staking coin out there. Its strong community and good leadership has pushed this coin into the top 10 on CoinMarketCap (sitting at 11 currently). It features a liquid proof of stake system, which allows for more decentralization and security in the blockchain. While staking Tezos you can expect to earn around 5% per year. 

Thank you for reading this article. What other staking coins are out there that I didn't mention? Let me know!

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Diviner
Diviner

Just an ordinary guy exploring the amazing world of crypto


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