Best Proof of Stake Coins 2021
by Kamil S
Staking crypto is a hot topic in 2021. Is there anything better than earning steady passive income for just holding coins, literally in your sleep?
Today, we’ll be looking at the best Proof of Stake coins – cryptocurrencies that are popular among staking enthusiasts who not only get easy rewards for holding, but also support blockchain ecosystems by doing so.
Let’s get around to it!
Staking in a Nutshell
In essence, staking is holding or locking funds in a crypto wallet in order to maintain the operations of a proof-of-stake-based blockchain system.
It’s a win-win situation: staking helps PoS-based networks achieve consensus, and the participants get rewards. It’s also worth mentioning that staking is similar to mining.
Our most recent article Staking Crypto Explained will help you develop a more confident overview of what staking is and how it works.If you’re also interested in learning about how mining works, here’s something to explore: How to Make Money With Bitcoin Mining.
Best PoS Coins
Staking is based on the Proof of Stake (PoS) concept. Meaning? A person can mine or validate block transactions depending on how many coins they hold. To put it differently, the more coins you own, the more mining power you have.
That is why the coins in staking are often – and mostly – called PoS coins.
PoS Coins List for 2021
Here’s our staking coins list for 2021:
Kadena is a hybrid blockchain platform that consists of a public blockchain, a permissioned network, and the Pact smart contract language. It scaled proof-of-work horizontally, i.e., there are no security compromises behind increasing throughput.
Equally important, Kadena will soon be launching its first app, a DEX, to leverage all the benefits of the network, including the smart contract language, Pact. The new DEX called Kadenaswap will be multi-chain and can offer free trading by prepaying user gas thanks to Kadena’s innovative gas stations.
Did you know that KDA staking just kicked off on CoinMetro? Simply deposit or buy KDA and hold it on the platform to receive up to 5% in staking rewards.
Looking to buy your first KDA? We have the first ever KDA/USD trading pair in addition to KDA/EUR. Well done, us!
Chainlink is an Ethereum-based token that powers the Chainlink decentralized oracle network. This network allows smart contracts on Ethereum to securely connect to external data sources, APIs, and payment systems.
LINK is a utility token that pays Chainlink node operators for providing data.
On a side note, CoinMetro prides itself in adding coins with huge potential to its list of assets. LINK just happens to be one of them.
When it was first listed on our platform, the single token’s price was under $1. The price has since surpassed $20, with LINK becoming a top 10 cryptocurrency based on the market cap. Spot on!
The reward for staking LINK with CoinMetro is fixed at up to 5% and paid in CoinMetro’s native token, XCM. Shhh! XCM staking is coming soon…
Don’t have any LINK just yet? No worries. Buy it with USD or EUR on our platform, or do a simple swap for another crypto by using our dashboard swap widget.
The Quant Network was created to solve the blockchain interoperability issue – the root cause of many problems blockchain projects have to deal with. To make it possible, the Overledger blockchain operating system was designed.
The Quant network has close to zero competition, and its future is looking very bright.
CoinMetro offers QNT staking as well.
All you need to do is deposit Quant to your CoinMetro account to start earning your staking rewards. Don’t have any Quant? Surely, you can buy it on CoinMetro.
XTZ is considered one of the most profitable proofs of stake coins in terms of yearly interest.
Tezos is an open-source blockchain protocol for assets and applications backed by a global community of validators, researchers, and builders. The technology boasts unique features, such as LPOS.
The project addresses key barriers facing blockchain adoption, i.e., smart contract safety, long-term upgradability, and open participation.
The Tezos protocol is secure, upgradeable, and built to last.
Why Stake with CoinMetro
Staking often requires users to own a lot of coins to be eligible. Moreover, they have to lock up their crypto assets, which makes it inaccessible for a period of time.
Staking the best Proof of Stake coins with CoinMetro is way simpler than what you may have seen elsewhere.
We’ve taken down all barriers. Anyone can earn passive income on CoinMetro. Crypto for All has always been our motto, and we’re making it happen.
If you need any assistance, we’re here to help 24/7. Contact us!
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