15 Coins With Best Staking Rewards in 2022


Staking your coins is one way of earning passive income. By locking up a portion of your coins, it will contribute to the operations within the blockchain, and in return, you will earn a small percentage of interest through paid transaction fees.

There are over 6,000 coins out there today, so we’ve narrowed the list down to 15, and we’ll talk about what they are and their benefits. I’ve also picked some of the best staking platforms today and you’ll see them on the available platforms for each token.

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1. Solana (SOL)

Solana

Solana is said to be one of the fastest blockchains and also one of the fastest-growing ecosystems in the world. Its coin is called SOL that runs on the Solana network.

You can use it to trade, buy, sell, and interact with decentralized apps (DApps). It is one of the hottest cryptos today and it’s a popular alternative to Ethereum.

Its average staking growth is 8% per year, it is one of the best cryptos that you can invest in.

Supported platforms:
  • Kraken
  • SolFlare.com
  • Solana
  • Coinbase
  • Exodus
  • Binance
  • FTX

2. Ethereum 2.0 (ETH)

Ethereum

Ethereum 2.0 is the upgraded version of Ethereum and with that, you can now invest and earn by staking ETH2. It is important to note that it’s still the same asset but ETH when staked, is called ETH2.

Ethereum 2.0 is said to be faster, energy-efficient, and much more scalable now. It can do more transactions at a much lesser gas fee. Without a doubt, this is one of the most secured cryptos that you can own today. And if you’re planning on staking it, the average annual percentage yield is 5%.

Supported platforms:
  • Binance
  • Lido
  • Exodus
  • Kraken
  • Stakewise Pool
  • RocketPool
  • Coinbase

3. Cosmos (ATOM)

Cosmos ATOM

It is known that blockchains are incapable of communicating with each other, making it difficult when doing transactions. Cosmos is trying to solve this problem.

It is an ecosystem of decentralized apps (DApps) that connects different blockchains, making transactions between them much easier and convenient. And for that, it’s been dubbed as the “internet of blockchains”.

ATOM is the token used for holding, buying, selling, and staking. You can earn around 8-10% annually when you stake ATOM.

Supported platforms:
  • Cosmostation
  • KEPLR
  • Lunie
  • Trust
  • Ledger
  • Binance
  • Coinbase
  • Atomic Wallet

4. Binance Coin (BNB)

Binance BNB

Binance, the biggest and most popular cryptocurrency exchange platform, introduced Binance Coin in September 2020. BSC uses delegated proof of staking, allowing more transactions per second at a much lower cost. Quite similar to Ethereum 2.0.

It plays a crucial role in the functions and features of Binance. You can earn a passive income of up to 27% annual return of investment by staking BNB. Note that it is highly volatile and would depend on the platform as well.

Supported platforms:
  • Binance
  • Coinbase
  • Ledger
  • Trezor
  • FTX
  • Lido

5. Internet Computer (ICP)

Internet Computer ICP

The ICP token is the currency within the Internet Computer. It helps establish protocol governance and network transactions, and with this token, ICP holders have the power to vote for governance proposals.

The ICP has a fixed price for transactions. ICP tokens can be used to pay for those fees. Like other tokens, ICP can be staked as well for extra profits. The annual percentage yield of holding ICP tokens is up to 15%.

Supported platforms:
  • Binance
  • Coinbase
  • Kucoin
  • OKEx
  • Ledger
  • Trezor
  • FTX

6. Algorand (ALGO)

Algorand ALGO

Alogorand blockchain was built to create a borderless economy for everyone to partake in and only runs on digital currency.

ALGO is Algorand’s cryptocurrency. It can be traded, and It is used to buy goods and services. The consumer can pay the provider, much like how a debit or credit card works, but it happens in an instant with almost no fees. No need for third parties and contracts or forms, it can all happen in an instant with no delays, and the transaction is recorded on the Algorand Blockchain.

Staking ALGO will allow users to earn extra as well for up to 10% annual percentage yield.

Supported platforms:
  • Binance
  • Coinbase
  • Kucoin
  • Kraken
  • OKEx
  • FTX
  • Lido
  • Ledger

7. Polkadot ($DOT)

Polkadot DOT

Polkadot allows blockchains to work together. Making transactions between different blockchains possible and pooling their security together; for a more safe and convenient experience, much like how Cosmos works.

$DOT is the native cryptocurrency of the Polkadot platform. It is used for governance, staking, and bonding. Staking $DOT will allow you to earn up to 14% annual percentage yield.

Supported platforms:
  • Binance
  • Coinbase
  • Kucoin
  • Kraken
  • OKEx
  • Ledger
  • Lido

8. Terra (LUNA)

Terra LUNA

It is a blockchain protocol supported by stablecoins and tied to different FIAT currencies. Their whole system is stabilized by their token called LUNA, which is a staking-oriented coin. It provides stability by operating as a counterpart for users that converts Terra to Luna.

When staking LUNA, users can earn from 5% up to 25% annual percentage yield.

Supported platforms:
  • Binance
  • Kucoin
  • OKEx
  • Terra Station
  • Lido
  • Ledger

9. Tezos (XTZ)

Tezos XTZ

Tezos, derived from ancient Greek which means “smart contract”. Tezos is another decentralized ledger that uses blockchain technology. XTZ is the cryptocurrency that powers its platform. They refer to staking as “baking”, and their bakers or stakers earn good rewards for helping stabilize their system.

The annual percentage reward for staking is around 5% to 6%.

Supported platforms:
  • Binance
  • Kucoin
  • Kraken
  • OKEx
  • Exodus
  • Ledger
  • Trezor

10. VeChain (VET)

VeChain VET

Vechain was inspired by Ethereum and its VET token was started on the Ethereum blockchain to build a reputation and gather funds until eventually, Vechain developed its ecosystem and now VET operates within their blockchain.

VET is now used for transactions and can even interact with DApps. VET can also be staked and stakers can earn between 3% to 4% rewards per year.

Supported platforms:
  • Binance
  • Kucoin
  • Kraken
  • Exodus
  • Ledger

11. Lisk (LSK)

Lisk LSK

Lisk is also an open-source blockchain, which means it can be redistributed or modified. They aim to inspire blockchain enthusiasts and developers alike. With Lisk, developers can create blockchain applications, and the fact that it is rooted in Javascript makes it more user-friendly. Their goal is to bring talents on board with blockchain technology by enabling everyone to partake in its development.

LSK is Lisk’s currency used to perform tasks and transactions. Holders can also vote for their preferred delegate. They can also earn by staking LSK and the annual return for stakers is around 5% to 6% per year.

Supported platforms:
  • Binance
  • Coinbase
  • Kucoin
  • Kraken
  • OKEx
  • Ledger
  • Trezor

12. Loom Network (LOOM)

Loom Network

Loom Network was established in 2018. It allows developers to build quality DApps by providing a scalable platform. It is also multichain, meaning developers can create easy-to-optimize public and private blockchains. It token called “LOOM” is a proof-of-stake token that also helps stabilize the system.

Staking LOOM gives generous rewards on some platforms up to 25% per year.

Supported platforms:
  • Binance
  • Kucoin
  • Exodus
  • FTX
  • Ledger
  • Trezor

13. Decred (DCR)

Decred DCR

Decred was designed to do what Bitcoin couldn’t. And that is to solve the scalability problem that bitcoin has and encourage their community and allow them to have control over the system process and transactions within their ecosystem.

Decred also leverages both Proof of Work and Proof of Stake consensus. Staking their DCR tokens can make you earn up to 7% to 10% per year.

Supported platforms:
  • Binance
  • Kucoin
  • Kraken
  • OKEx
  • Trezor

14. Icon (ICX)

Icon ICX

Icon was launched in 2018 and it aims to facilitate a platform where vast industries and companies can work and interact on a single network. ICX, its cryptocurrency allows holders to stake and earn additional rewards of 6% up to a whopping 36% annually.

Supported platforms:
  • Binance
  • Kucoin
  • Kraken
  • OKEx
  • Exodus
  • Ledger
  • Trezor

15. NEO (NEO)

NEO

NEO is also an open-source blockchain and cryptocurrency (their token is also called NEO). Neo was also China’s first blockchain and was dubbed as the Ethereum killer. It uses smart contracts and supports all types of decentralized apps. Neo has two called NEO and GAS.

While NEO is the digital asset of their blockchain, GAS functions as a utility token for their network.

Staking NEO tokens can earn stakers a good amount of up to 8% per year.

Supported platforms:
  • Binance
  • Kucoin
  • Kraken
  • OKEx
  • Exodus
  • Ledger

Important Note: Stalking vs. Holding

This all sounds nice and everything, seeing that they have a high annual percentage yield. But there are risks involved when staking cryptocurrencies. It is important to know that “staking” is not the same as “holding”.

Holding simply means that you buy crypto, and then hold for as long as it would take for you to earn significant profits, and you can take your money back whenever you want to.

Staking is different since you are “locking up” your funds for a certain period, say, for example, one year. The market value of that crypto that you are staking could rise or crash within that year, and you won’t be able to do anything to make a profit or save that investment.

So think twice and do extensive research first before taking that risk.



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