15 Best Crypto Staking Coins to Invest in 2023

Staking coins are popular with investors that seek both price appreciation and passive income. When deposited into a liquidity pool, staking coins generate interest while ownership is retained by the investor.

This guide ranks the best coins to stake in 2023 to maximize long-term gains.

Top Cryptos to Stake in 2023 – Our Analysis 

There are two key metrics to consider when searching for the best staking coins for 2023. First, the amount of staking rewards available, in terms of APYs (annual percentage yield). Second, the upside potential of the coin, in terms of its market value.

Read on to discover which staking coins offer the best long-term gains in 2023.

1. Bitcoin ETF Token – Overall Best Staking Coin Offering 1,120% Staking APYs

One of the best staking coins to use in 2023 is Bitcoin ETF Token ($BTCETF). This new cryptocurrency offers high staking yields and burn mechanics which is designed around the Bitcoin ETF approval by the SEC. 

As the approval of the Bitcoin ETF progresses, Bitcoin ETF Token will conduct various burning events and offer staking rewards to investors. In total, Bitcoin ETF Token will burn 25% of its token supply in the long-run. 

This new cryptocurrency has a total supply of 2.1 billion. 25% of the tokens will be offered via staking rewards over 5 years. Through an Ethereum smart contract, investors can directly stake their holdings and generate high APYs (Annual Percentage Yields). 

At press time, Bitcoin ETF Token is offering a staking annual yield of 1,120%. The returns will decrease as more tokens are staked. So far, over 25 million tokens have been staked on the smart contract – which is verified by Coinsult. 

To start staking $BTCETF, you first need to buy the tokens from the ongoing presale. At the time of writing, $BTCETF is priced at $0.005 per token. The presale will offer 840 million tokens across ten rounds. By the final round, the price will increase to $0.0068 per token. 

In only a few days since the presale launched, Bitcoin ETF Token has raised more than $200K. The goal is to raise nearly $5 million by the end of the presale. Get high staking rewards by joining the presale, before the initial exchange offering.

Learn more about this cryptocurrency by going through the Bitcoin ETF Token whitepaper and joining the Telegram channel. 

2. Bitcoin Minetrix – Top ERC20 PoS Coin With Yields Above 500%, Offers One Click BTC Mining Rewards

Bitcoin Minetrix ($BTCMTX) offers a new way to cloud mine BTC, over an Ethereum architecture with a minimum investment of just $10.

To mine Bitcoin in the traditional manner would require thousands of dollars and significant technical expertise. And Bitcoin mining is not only expensive and difficult, but is also extremely damaging to the environment. 

Bitcoin Minetrix provides a simple solution. $BTCMTX tokens are staked in return for cloud mining credits. These cloud mining credits are burned in return for Bitcoin, the world’s most successful cryptocurrency with the largest trade volume.

The more tokens burned, the more BTC is earned as a reward. Bitcoin Minetrix refers to this as the world’s first stake-to-earn design, where Bitcoin mining rewards can be acquired at the click of a button. 

All of this is achieved in a single dashboard, where users can burn, withdraw, or stake tokens. They also have oversight of daily, weekly, and monthly BTC rewards, as well as essential information such as  ‘Mining Credits Earned’ and Mining Power Bought.’ 

It can be likened to a miniature mining operation, customized for the individual miner as opposed to a large BTC mining corporation. The market is democratized in this manner, as was originally intended (Bitcoin was never supposed to be dominated by mining interests). 

The staking coin offers gigantic yields that are currently above 10,000%, though such yields are likely to reduce as time goes by.

The price in stage one of the presale is $0.011, but will increase to $0.0129 by the final stage (stage 20). These are two significant reasons to get in early as opposed to late. 

This is a new take on Bitcoin cloud mining that is more eco-friendly and accessible than existing solutions. It could be well received throughout 2023, and raised over $1 million in just over two weeks of its presale launch. 

More details can be obtained from the official Bitcoin Minetrix Whitepaper. 

The project socials (Twitter, Telegram) can be useful for additional insights.

3. Meme Kombat – Stake to Earn Meme Combat Arena With Multiple Betting Options and 112% APY

Meme Kombat ($MK) is an interesting presale offering something new in the area of meme tokens. Instead of being based around a single meme, it brings them all together for combat.

For the first Season, this includes the world’s well-known memes – Pepe, Pepe 2, Milady, Kishu, Mong, Shiba, Sponge, Wojack, Doge, Floki, and Baby Doge. 

This is a great concept and something we have not seen before. Meme tokens are known to have very large online followings, and bringing them all together could yield dividends. 

Users can place bets on the outcome of the fights. The main betting options are P v P, P v Game, and Direct. There is also a side betting option to make things more interesting, with bets being available on specific circumstances. 

More betting options and memes will be incorporated as the first season finishes up. Along with regular battles will be feature battles with specialized betting options and large rewards. 

Along with the active income opportunities based on bet predictions, Meme Kombat also offers passive income through staking rewards, currently 112%. 

50% of the token supply has been given to the presale, 30% to staking, 10% to DEX liquidity, and 10% to player rewards.

Nothing has been allocated to the founders and there is a total supply of 120 million $MK tokens, with 60 million available in the presale at a price of $0.1667.

The founder of this campaign has released his identity publicly and it has further undertaken a smart contract audit, two positive signs in terms of project transparency.  

This is a Stake-To-Earn token with high yields and it could experience a positive price trajectory, as it is the first presale of its kind to bring memes together, with wagering on fight outcomes. 

More information can be found within the Telegram and Twitter social channels, as well as the Whitepaper.

4. TG.Casino – ERC20 PoS Token Provides over 600% APY and KYC-Free Casino Access

TG.Casino ($TGC) is a new offering that provides a whopping 600% APY to clients, at the present time. The presale is providing a means of accessing the casino industry with just a Telegram account and some crypto.

There is no KYC and deposits, as well as withdrawals, are instant. It could turn the casino industry upside down, as it offers a means of access that is far quicker and with much less red tape than what we have traditionally been accustomed to. 

This is all done 100% legally. TG.Casino is licensed and based in Curacao.

It also uses a portion of profits to buy back and burn the token, as well as give it away in the form of community rewards. In this way, the customer benefits along with the casino, instead of losing out to the casino. 

This is because a portion of everything lost in the casino is indirectly returned, depending on how much of the $TGC token you have in your account. 

There is a total of 40 million tokens available in presale at a price of $0.125 per token, for a hard cap of $5 million. 20% of the 100 million supply goes to staking with 10% to player rewards.

These are significant figures that are allocated to the community. The presale has also undergone a smart contract audit through Coinsult, with no severe issues found within the software. 

This is a top stake to earn coin with high APY and a great concept that allows for direct casino access through Telegram. Games can be played 24/7 from the convenience of a smartphone and with the speed of instant crypto deposits/withdrawals. 

For more details on this new project, connect through Telegram or Twitter. 

The Whitepaper should also be explored prior to any financial allocations. 

5. XETA Genesis – dApp With TradFi Security Provides Up to 20% Compounded Monthly Return

XETA Genesis is a platform that combines the best of both traditional and decentralized finance. Investors connect their Web3 wallet to the platform, and can invest in USDC to a Genesis Account.

This Account costs $25 a month and delivers up to 20% compounded monthly returns. XETA Genesis promises to double this amount and return it to investors. 

This is possible as revenue is moved off-chain to increase stability and lessen volatility. Funds are also diversified across a number of instruments including commodities, ETFs, FX, etc. In this way, the power of DeFi is connected with the stability of TradFi. It offers sustainable wealth management and there is no mandatory KYC for clients. The crypto wallet acts as the identifier to access the account. 

This is more akin to a managed portfolio than a simple staking coin. But it could be argued that it provides more stability than many staking coins out there, which can also have extreme price volatility and lots of volatility in yield. Such DeFi staking coins cannot utilize TradFi products to deliver consistent yields with time. 

With XETA Genesis, the minimum investment is $250 for the Account. Pools are also on offer, but these are mainly for larger clients with a $10,000 initial investment. The account owner can connect to the account through his/her wallet, and has an overview of overall performance, including total returns and fees. 

The fees with this provider are transparent and there are clear tiers of investment. It is also possible to schedule a consultation.

The company that governs the platform is XETA Ltd. Genesis Pool Accounts are sub-accounts within the broader XETA Fund. 

More information can be obtained from the Discord and Twitter accounts, maintained by XETA Ltd.

6. Wall Street Memes –  New Staking token With APY of Up to 60%, Presale Complete With CEX Listing

Wall Street Memes is a hot new meme token with staking benefits and upside potential amid the recent meme coin boom. Originating from Wall St Bulls, the renowned Ethereum-based NFT project, $WSM has created quite a buzz.

The creators, Wall St Bulls, previously launched an NFT project that sold out within half an hour, reflecting their popularity. They continue to innovate by entering the Bitcoin NFTs space, aligning with the latest market trends.

Wall Street Memes offers an appealing staking opportunity, allowing token holders to earn rewards by staking their $WSM.

With an impressive estimated annual percentage yield (APY) of 60%, the staking program offers substantial returns. Current rewards stand at 75 $WSM per block – The staking pool has already seen more than 325 million tokens added to it.

The platform has also grabbed the attention of influential figures, including Elon Musk, who has engaged with the project’s Twitter page on multiple occasions.

Wall Street Memes has more than a million followers across its social media channels and has become one of the best crypto presales of the year.

It has already raised more than $25 million. With a total supply of 2 billion tokens, $WSM’s allocation is carefully designed to promote community participation.

Also, a planned $50k airdrop will reward token holders who actively engage with the project on social media platforms. The project emphasizes transparency and has community backing from over a million supporters across several social media channels.

Join the Wall Street Memes Telegram community for the latest updates.

7. eTukTuk – Sustainable Crypto Offering 30,000% APYs and Setting Up Charing Stations in Developing Countries

eTukTuk is the first blockchain-based automotive project built on the Binance smart chain. The platform will leverage $TUK, its native token, to offer seamless payment opportunities to TukTuk drivers at its EV charging stations. 

eTukTuk has found that nearly 270 million TukTuks operate using ICEs (Internal Combustion Engines) – which run using non-renewable energy resources. With the increase in energy prices and the growing pollution numbers, eTukTuk is promoting EV adoption in developing nations. 

This platform will set up EVSEs (Electric Vehicle Supply Equipment) in the urban and suburban areas of developing economies. The EVSEs will be compatible with all zero-emission vehicles. eTukTuk will set these up with the help of local territory partners. 

The platform will also launch a driver’s app through which TukTuk drivers can make payments on the charging stations. The payments will be made with $TUK tokens. Territory partners will earn a commission on each payment. Furthermore, eTukTuk is also offering high staking rewards. 

Token holders can stake $TUK into power nodes to help settle transactions on the platform. As the number of EVSEs grows and transactions increase, the more you can earn. At press time, eTukTuk offers a staggering APY of more than 30,000%. More than 144,000 tokens have been staked on eTukTuk. 

Earn high APYs by investing in the $TUK presale. At the time of writing, the token is priced at only $0.024. The presale has collected over $50K. Read the eTukTuk whitepaper and join the Telegram channel to learn more about this project. 

8. Doge Uprising – Get Staking Rewards and Aidrops with this New Meme Coin, Price will Double on Presale 

Doge Uprising ($DUP) is a meme cryptocurrency ecosystem that will offer staking rewards, airdrops, and NFT purchasing opportunities. 

At the core of this ecosystem is a manga series – which forms a futuristic narrative for Doge Uprising. The year is 2045, and the world is under the evil regime of Mark Zuckerberg. Powered by $DUP tokens, an army of Doge Mecha NFTs is arising to battle the reign of the lizard king. 

By purchasing the Doge Mecha NFTs, community members can come together to battle against the evil regime. The NFTs can be purchased with $DUP – the native cryptocurrency. Notably, the Doge Uprising ecosystem will also implement a staking mechanism to offer passive income to token holders. 

A safe and secure platform, Doge Uprising has completed its third-party smart contract audit by SolidProof. This Ethereum-based cryptocurrency is currently available to buy on presale for just $0.000013 per token. By the next phase of the presale, the price will double to $0.000026. 

From a maximum supply of 450 billion, 60% of the tokens are being allocated for the presale. Loyal community members will also have the opportunity to earn 10% of the supply through upcoming airdrops. 

Another 10% of the supply will be used for marketing and development purposes, while the remaining 20% is reserved for future exchange listings. Stay tuned with any project updates by going through the Doge Uprising whitepaper and joining the Telegram channel. 

9. Tether – Earn Staking Rewards Without Market Volatility 

One of the best things about staking coins is that they offer the opportunity to earn capital gains and passive income. But for some investors, the volatile nature of prices when you buy cryptocurrencies might be a drawback. In this regard, Tether is one of the best crypto staking coins to consider. After all, Tether is pegged to the US dollar.

In theory, this means that the price of Tether will always amount to $1. However, there are no guarantees that this will always be the case. Terra USD is a good example of this, considering the ‘stablecoin’ is now defunct.

Nonetheless, USDT has become one of the most popular tokens in the whole crypto market and actually has the third-largest market capitalization – almost $82 billion, as per CoinMarketCap – trailing only Bitcoin and Ethereum.

Tether has enjoyed a stunning start to the year so far, with that market cap almost at its all-time high, having risen by 22.8% (approx $15 billion) in 2023 alone due to the ongoing banking crisis and the struggles of other stablecoins following the brief de-peg of Circle’s USDC and regulatory pressure around Binance causing BUSD to fall. USDT now owns more than 60% of the stablecoin market.

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10. Ethereum – Large-Cap Smart Contract Framework With Proof-of-Stake Rewards

Ethereum was launched in 2015 and is the second-largest cryptocurrency by market capitalization. The project specializes in decentralized transactions and smart contracts, with thousands of crypto tokens and decentralized applications (dApps) built on the Ethereum standard, which continues to drive demand for its native ETH token.

With that said, it was only in late 2022 that Ethereum completed its transition to proof-of-stake. This has since yielded faster and more scalable transactions making it one of the best PoS coins to buy right now. Moreover, ETH can now be staked to enjoy passive rewards. This is a popular option with investors that believe in the future of Ethereum but wish to generate income during the crypto winter.

In April 2023, Ethereum also completed the Shanghai-Shapella upgrade which means that staked ETH now has the ability to be withdrawn – while many expected billions of dollars worth to be withdrawn, tanking the price, the opposite has in fact happened, with ETH one of the best future cryptocurrencies.

One of the best places to stake ETH is eToro. There is no lock-up period required and there is no requirement to opt in. Moreover, eToro offers a competitive APY of up to 4.3% when staking ETH – another benefit of staking ETH is that the token is trading at a fraction of its former all-time high. Current prices offer a discount of over 60% when compared to its prior peak of almost $5,000.

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11. Cardano – Efficient Staking Coin With 80% Discount From Prior All-Time Highs

Although Cardano doesn’t have the same ‘brand recognition’ as Ethereum, its native blockchain is a lot more efficient. Not only in terms of energy consumption but speed, fees, and scalability. Moreover, Cardano also supports smart contract agreements in its own programming language, Plutus.

Some of the niche markets that Cardano supports include anti-counterfeiting measures, educational credential verification, and agricultural tracking. Cardano is also backed by its own staking coin, ADA. This is one of the largest cryptocurrencies by market capitalization at over $11 billion. As such, ADA is considered the best staking cryptocurrency by many.

With that said, ADA is trading at a fraction of its 52-week high of $1.24. At just $0.24 as of writing, this offers a discount of over 80% and makes ADA one of the best cryptos under $1.

Moreover, ADA can be staked at many popular exchanges, including eToro. After buying ADA and holding for at least nine days, eToro will automatically start paying staking rewards.

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12. TRON – Permissionless and Decentralized Blockchain for Content Creators 

Launched in 2018, TRON is a popular blockchain project that aims to decentralize the content creation process. Rather than going through third parties, TRON enables content creators to market and sell their works in a permissionless manner. This means that content creators can set their own rates and be paid accordingly.

All transactions on the TRON network are conducted in TRX tokens, which have long been a top altcoin. This is also a proof-of-stake network, so TRX can be staked for passive rewards. TRX also offers an attractive upside. For example, TRX was trading at over $0.15 during the previous bull market. As of writing, TRX is trading at a discount of 60%.

In terms of staking TRX tokens, eToro is a great option. eToro automatically pays staking rewards after holding TRX for seven days. Once again, this is on a flexible staking agreement, so the TRX tokens can be withdrawn or sold at any time.

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13. BNB – Invest in the Future of the Binance Ecosystem 

BNB was launched in 2017 by Binance, the world’s largest crypto exchange. Its original use case was to offer reduced fees for traders.

For instance, those paying their exchange commissions in BNB get a 25% discount. But BNB was since evolved to become the native currency of the Binance Smart Chain (BSC).

Thousands of crypto startups have since built their framework on BSC, where transactions are settled in BNB. Moreover, liquidity pools on BSC are paired with BNB, so this creates even more demand for the token. Not only does BNB have huge upside potential in the coming years, but it can also be staked. Binance is currently offering an APY of up to 3%.

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14. Peercoin – The Original Proof-of-Stake Blockchain

Peercoin is the original pioneer of the proof-of-stake concept. In fact, Peercoin launched its proof-of-stake blockchain way back in 2012, so it is also one of the oldest crypto projects in this space. With that said, Peercoin never truly reached its full potential, considering that other staking projects like Cardano and TRON have since reached multi-billion dollar valuations.

In comparison, Peercoin has a market capitalization of just $13 million. Moreover, the value of its staking coin, PPC, is trading at a fraction of its former all-time high. For example, PPC surpassed $8 in 2018. Right now, PPC is trading at just $0.46. Nonetheless, high-risk investors might consider that this offers a 95% discount.

15. SwissBorg – Democratizing Wealth Management Through Web3 Technologies

Launched in 2018, SwissBorg has brought conventional wealth management services to the web3 era. It specializes in thematic crypto bundles, enabling investors to gain exposure to a wide range of blockchain markets. Moreover, its thematic bundles are actively managed by SwissBorg, promoting a passive experience for investors.

SwissBorg is particularly appealing to novice crypto investors on a budget. Not only is the minimum investment just €5, but withdrawals can be made at any time.  SwissBorg also has its own staking coin, CHSB. When it launched in 2018, CHSB was trading at just $0.10, before hitting heights of $1.42. However, CHSB has since dropped to 52-week lows of $0.52.

What is Staking in Crypto?

Staking is a crypto initiative that allows token holders to earn passive income on their investments. There are several variations of staking, but the end goal is the same – it is a passive way to build wealth.

• For example, the traditional version of staking required investors to deposit their tokens into the blockchain.
• This keeps the network safe and efficient while rewarding users for locking their tokens away.
• However, most people now stake via a third-party platform, such as an exchange.
• This is because there are generally higher APYs on offer.

Moreover, it is also possible to stake tokens directly with the respective project.

How Does Staking Work?

The first step when staking is to purchase a proof-of-stake coin. Next, choose a suitable platform to stake.

This might be via the native blockchain of the project or through a third party like eToro. Alternatively, if opting for a project like BTC20, staking can be done directly within the respective ecosystem.

Either way, here’s an example of how staking rewards work:

• An investor buys 5 ETH tokens
• The investor deposits the ETH into one of the best crypto staking platforms
• The platform offers an APY of 7%
• The investor stakes the ETH for 12 months
• After 12 months have passed, the investor withdraws their ETH
• In addition to the original 5 ETH deposit, the investor receives an additional 7%
• This amounts to passive rewards of 0.35 ETH

As per the above, the investor made 0.35 ETH passively, simply for leaving the tokens in a staking pool. Best of all, if ETH increased in value during the 12-month period, the investor will make further gains.

The UK government, for example, have set out rules and regulations of crypto staking and taxation that some investors should consider.

Is Staking Worth it?

The key takeaway with crypto staking is that it enables investors to earn passive income in addition to capital gains. This isn’t the case when leaving crypto tokens in a private wallet. In fact, this presents an opportunity cost for the investor.

For instance, in the example we gave above, the investor generated interest of 7% on their 5 ETH holdings. But if the ETH was kept in a private wallet, they wouldn’t have earned any interest at all.

As such, crypto staking is a no-brainer.

The only exception to this rule is if the staking protocol requires a minimum lock-up term. In this scenario, the investor will need to assess whether they are likely to need the tokens in the short term.

If they do, and the tokens are locked, the investor won’t be able to access the funds. As such, although rates are usually lower, flexible staking terms are the way to go.

Another popular option when it comes to earning a passive income from your crypto holdings is to choose one of the best crypto lending platforms. Crypto lending allows users to lend out their cryptos to borrowers. Lenders then receive interest in the same way that conventional savings account offer APYs (annual percentage yield).

How to Select Top Staking Coins?

Read on to discover how to maximize growth by selecting the best coins for staking.

APYs  

The best staking coins offer access to high APYs. This refers to the amount of interest that will be paid on the staking coins.

In most cases, the best staking tokens for high APYs are newly launched projects, like BTC20 – in comparison, large-cap coins like Bitcoin and Ethereum offer limited returns.

Lock-Up Periods  

Be sure to check what platforms support staking for the chosen coin. Moreover, assess what lock-up terms are required, if at all.

As noted above, it’s best to stake coins that can be withdrawn at any given time.

Upside Potential   

Staking enables investors to earn passive income. But over the longer term, much higher gains can be achieved when the token increases in value.

In this regard, the best coins for staking are those that offer a sizable upside potential. 

Liquidity    

The best staking coins attract sufficient levels of liquidity. This will ensure that when cashing out, investors can secure a reasonable price.

If there is a lack of liquidity, then investors will need to sell their staking coins at a much lower price when compared to the market average. This is known as slippage and it is a direct cost that should be avoided where possible.

Conclusion

Staking coins are proving popular with investors that seek passive income. When choosing a quality project like Bitcoin ETF Token, investors can also target significant growth through appreciation, in addition to PoS yields. 

$BTCETF is trading at a discount in its early presale stages and offers huge yields above 1,000%.

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