Top Coins for Maximum Staking Returns in 2024: An Expert Guide

Although we challenge the cryptocurrency market with great ambitions, there are many cases where the purchased cryptocurrencies end up sitting in the cryptocurrency wallet without doing anything. 

In this case, coin staking helps you earn stable profits without spending additional cash. Through this guide, we will learn about the best staking coin types in 2024. We will also take an in-depth look at what coin staking is and what platform to use to use it.

Best Coin Staking Types in 2024

There are a lot of coins in the current market, and as a result of our research, we have compiled the following list of good coin staking types.

1. Bitcoin Minetrix (BTCMTX) – An innovative staking platform that allows you to participate in Bitcoin mining through staking, raised $100,000 in just a few hours of presale
2. SMOG – Best airdrop memecoin with 42% staking rewards
3. SPONGEV2 – A new version of the wildly popular $SPONGE token, which achieved a market capitalization of $100 million, offering V2 tokens with a unique mechanism called stake-to-bridge.
4. Meme Kombat – utility meme coin offering battle arena gaming and staking rewards
5. eTukTuk – The best staking project providing eco-friendly transportation solutions
6. TETHER – a staking coin without market volatility
7. Ethereum – Best Staking Coin for Long-Term Investors
8. Cardano – The Best Eco-Friendly Staking Coin
9. Uniswap – Best Decentralized Staking Coin
10. Solana – Best Staking Coin for Long-Term Growth
11. Polkadot – Staking coin using NPoS algorithm
12. Polygon – Best Staking Coin for High APY
13. Algorand – Best staking coin for the PPoS mechanism system
14. Chainlink – A staking coin worth investing in blockchain interoperability
15. The Graph – Best staking coin with high growth potential

As you progress through this guide, you will learn why these are important coins. Each has different charms, so please pay attention and read. Before starting, if you still lack an understanding of cryptocurrency, please refer to the following link:

A closer look at the best staking tokens

Now, let’s take a look at the best types of coin staking from an investor’s perspective. Please pay attention to the characteristics of each coin and the platforms mentioned below.

1. Bitcoin Minetrix (BTCMTX) – An Innovative Staking Platform That Allows You To Participate In Bitcoin Mining Through Staking, Raised $100,000 In Just A Few Hours Of Presale

Bitcoin Minetrix (BTCMTX) is a new project that is attracting great attention by introducing the world’s first stake-to-mine concept. The project has raised over $100,000 as soon as pre-sale began, proving strong interest from investors.

This project provides investors with an easy way to participate in Bitcoin mining. This process is greener, cheaper, and safer than traditional cloud mining.

Bitcoin mining promises huge profits, but it also requires expensive equipment and electricity bills. And because of the large space required for equipment installation and the problems of heat and noise, it has been considered very difficult for ordinary individuals to directly mine Bitcoin. Additionally, because it has negative environmental impacts, Bitcoin has always been the subject of great criticism.

Meanwhile, Bitcoin Minetrix has unveiled an innovative solution. Bitcoin Minetrix allows users to participate in Bitcoin mining by staking BTCMTX tokens. To elaborate a little more, by staking tokens users earn mining credits. And by burning this, you gain BTC mining power. Thanks to this, users can participate in mining without the need for special equipment or software, as long as they know how to purchase and stake BTCMTX tokens.

The platform also provides a clean dashboard, allowing users to view their rewards and mining credit status at a glance. Additionally, a mobile app will be released in the future, making it possible to use the platform at any time.

The total supply of BTCMTX tokens is 4 billion, and 2.8 billion are currently being sold in presale. The pre-sale consists of a total of 10 stages, and the price will increase slightly at each stage. The current price is $0.011, making it possible to invest very cheaply.

In this way, by using Bitcoin Minetrix, it is possible to avoid scams prevalent in the cloud mining industry and participate in mining safely and inexpensively. The latest information about Bitcoin Minetrix can be found on the official Telegram or Twitter (X).

2. SMOG – Best airdrop memecoin offering 42% staking rewards

SMOG, which we will introduce this time, is a new meme coin that provides generous staking rewards of 42% APY. This is a Solana-based memecoin that has recently garnered a lot of attention and was recently released through Fairlunch. This memecoin is currently listed on Jupiter DEX.

This project’s selling points are strong staking and generous airdrop rewards. Token buyers can earn airdrop points by simply holding tokens. It is also possible to earn additional points through various community missions. This design will encourage buyers to voluntarily promote the coin, which will work to the advantage of memecoins where virality is important.

Interestingly, the project is allocating 35% of its total token supply to airdrops. Even 50% is given to marketing, so aggressive promotion is expected.

Staking is possible when purchasing on Ethereum. This can be done through the purchase widget at the top of the official website, and if you purchase tokens here, you will automatically participate in staking. Please note that staked tokens are locked for 90 days and a high APY of 42% is promised. This design is expected to make token price volatility stable.

The Smog Project is expected to maintain long-term scarcity as it introduces an incineration mechanism in the future. Additionally, as visibility improves by being listed on popular exchanges, it is expected to enjoy greater popularity. The latest news on smog can be found through Telegram.

Visit Smog Presale Now

Cryptocurrency is an investment product with no significant volatility and regulation.

3. Sponge V2 (SPONGEV2) – A powerful staking coin that returns with a unique spike-to-bridge mechanism, version 2 of the popular memecoin.

The $SPONGE token is a popular memecoin that caused a huge craze in May 2023. At the time, the token was able to build a significant community and even achieved a market capitalization of up to $100 million.

Sponge, which currently has a relatively affordable market capitalization of $16 million, has now upgraded to the new $SPONGEV2 staking coin. This is an ERC-20 token and can be obtained by staking before it is listed on major exchanges.

The project provides a stake-to-bridge mechanism, allowing existing SPONGE token holders to stake V1 tokens and earn new SPONGEV2 tokens as rewards. The amount of tokens you can get as a reward is the same as the amount of V1 tokens you have staked. And for four years, additional compensation is paid based on the annual rate of return.

Please note that once V1 tokens are deposited into the V2 smart contract, they are permanently locked. Additionally, once the V2 token is officially released, V1 will no longer be supported. Since the recent V2 upgrade news was announced, 800 million tokens have been locked in V2 smart contracts to date.

According to the SPONGEV2 whitepaper, the project will introduce peer-to-peer racing games. The game has paid and free modes, with paid mode players earning additional SPONGEV2 tokens as rewards for playing the game.

SPONGEV2 token aims to be listed on various popular exchanges in the future. In fact, considering that V1 tokens are listed on exchanges such as Gate.io and MEXC, it is expected that this will be possible.

SPOGENGE has a market capitalization of $150 billion, of which over 43% is provided by staking rewards. If you are interested in this project, check out the latest news through Sponge’s official Twitter and Telegram channels.

Visit Sponge V2 Presale Now

Cryptocurrency is an investment product with no significant volatility and regulation.

4. Meme Kombat – Utility Meme Coin Offering Battle Arena Gaming and Staking Rewards

The best staking platform to introduce this time is Meme Kombat (MK). Although this is a meme project, it offers a small total supply, staking rewards, and battle games that are not found in regular memecoins.

In particular, this project leverages blockchain technology to gather popular memes and games in one place. In the Battle Arena, users can enjoy various battles by using the MK tokens they have staked. Here, familiar meme characters (SpongeBob, Pepe, etc.) appear and compete against each other.

Battle Arena is essentially a P2E game and comes with a variety of game modes such as player versus player and player versus game. Currently, MK tokens are selling for $1.667 in the presale and are automatically staked upon purchase. If you participate in purchases today, you can enjoy an APY of up to 112%.

According to the Meme Kombat white paper, the battle arena will begin upon launch. Please note that this game is played on a seasonal basis. Accordingly, new game modes and reward opportunities will be added each season.

Interestingly, the total supply of Meme Kombat is relatively small at 12 million. Additionally, there is no allocation at all for the development team. And this project is transparently disclosing the identity and history of the development team.

Currently, half of the total supply is being sold in the pre-sale, with 30% being offered as staking and battle rewards. The hard cap for presale is $10 million. 10% of tokens will be invested as community rewards, and the remaining 10% will be allocated to the DEX exchange.

The latest information about this project can be found on our Telegram channel. Also, see the white paper for more information.

5. eTukTuk – The best staking project providing eco-friendly transportation solutions

eTukTuk is an innovative project that provides eco-friendly transportation solutions using blockchain technology. This will help developing countries convert their three-wheeled tuk-tuk taxis to electric vehicles, thereby bringing economic benefits to tuk-tuk drivers and solving the serious air pollution problem caused by internal combustion engines.

To achieve this goal, ItukTuk plans to manufacture its own ItukTuk electric vehicles and install electric vehicle charging stations throughout cities in developing countries. And we plan to collaborate with local partnerships to build infrastructure that is easy and affordable.

The benefits of these projects will be fully enjoyed by tuk-tuk drivers, local partners, and TUK Coin investors. First of all, Ituktuk provides a driver-specific app that allows tuktuk drivers to charge their electric vehicles. TUK coins are utilized in this process.

TUK Coin holders can also stake their tokens and enjoy generous rewards. At present, the staking APY is over 380%. 

Ituktuk also plans to launch a Crazy Taxi-style P2E game in the future, allowing token holders to enjoy a variety of fun and reward opportunities. Local partners who contributed to building the infrastructure can receive a portion of the charging station usage fee as a commission.

TUK Coin pre-sale is currently underway. This will sell 200 million TUK tokens, out of a total supply of 2 billion, and the current price is very cheap at $0.026. However, the price will rise gradually, so it is better to hurry.

The latest news about this project can be found on their Telegram channel.

Visit eTukTuk Presale Now

Cryptocurrency is an investment product with no significant volatility and regulation.

6. TETHER – Staking coin without market volatility

One of the best things about staking coins is that they give you the opportunity to generate passive income. However, for some investors, the high price volatility due to the nature of cryptocurrency may be somewhat burdensome. If you have these concerns, Tether may be your best option. This is because the value of Tether is always pegged to the US dollar.

Simply put, Tether will theoretically always be worth $1. However, there is no guarantee that this will really always be the case. Terra Luna is a good example. As you probably know, Terra, known as a stablecoin, caused great controversy in 2022 when it lost its $1 hold and experienced a huge plunge.

Nonetheless, Tether USDT is one of the most popular tokens in the entire coin market today, and in fact ranks third among cryptocurrencies by market capitalization ($82 billion). In other words, it is the second largest cryptocurrency after Bitcoin and Ethereum.

Tether has been having quite a bit of fun recently due to the ongoing banking crisis and other stablecoin issues (e.g. USDC depeg, and Binance regulatory issues). In particular, the market capitalization rose 22.8%, almost reaching an all-time high. Currently, USDT accounts for about 60% of the stablecoin market.

7. Ethereum – Best staking coin for long-term investors

Ethereum’s ecosystem continues to grow rapidly, attracting both developers and investors. However, because proof-of-work consensus was used previously, it had to require enormous computer energy and a lot of time to verify transactions. In other words, it required complicated work to use.

However, following a recent upgrade, Ethereum has switched to a Proof of Stake mechanism. The Proof-of-Stake mechanism has become more convenient to use by reducing the use of traditional computers, making Ethereum one of the best staking tokens to consider for generating passive income. In fact, it is generally known that the requirements for starting Ethereum directly are somewhat strict. Because you need to raise at least 32 ETH coins.

On the other hand, there is also an alternative to storing your Ethereum coins in a staking pool. Simply put, this means lending your tokens to other validators for their use. This will eliminate the need to commit large amounts of ETH. Please note that the amount you are paid will depend on the staking platform you choose and the coin lock-up period.

8. Cardano – The Best Eco-Friendly Staking Coin

Cardano is the most well-known proof-of-stake cryptocurrency today, with a strong focus on scalability and the environment. Recently, excessive energy waste related to Bitcoin mining has become a hot topic. Cardano introduces itself as an eco-friendly coin in this section. This is possible because we chose proof-of-stake, which consumes less electricity than proof-of-work, and thanks to this, more suppliers are working with Cardano.

Since Cardano entered the cryptocurrency market, it has achieved outstanding performance, generating more than 4,500% in value. Moreover, with the launch of its own smart contract facility, Cardano is expected to see even greater growth.

Due to its growing reputation, you will easily find Cardano on major platforms (Crypto.com). Also, please note that interest rates vary from company to company.

9. Uniswap – Best Decentralized Staking Coin

Uniswap is also a good decentralized staking coin. In fact, on the Ethereum network, Uniswap accounts for about 25% of daily trading volume. Especially in its latest version, V3, it has succeeded in lowering transaction fees even further, making it one of the most popular cryptocurrencies in 2024.

When it comes to staking, Uniswap is highly preferred by passive cryptocurrency investors. In addition, Uniswap is known to be very undervalued compared to its great potential, and by investing in it, you will be able to make great profits along with the increase in the value of UNI Coin.

If you own UNI coins, you can earn rewards by staking them in Uniswap’s liquidity pool or storing your tokens on platforms like Crypto.com. Users must keep their assets locked while staking on the Uniswap network, but can also retrieve UNI tokens whenever needed through third-party service providers.

10. Solana – Best Staking Coin for Long-Term Growth

Solana is a DeFi token designed with scalability in mind. This blockchain boosted market performance in 2021 with its fast transactions and low fees. The price of Solana rose from about $18 to over $100 in one year. It’s huge, right?

In fact, although Solana’s value dropped in early 2022, the coin is maintaining momentum among developers. By staking this cryptocurrency asset, you can expect annual returns of 7-11% depending on the platform you choose.

Solana tokens can be added to a wallet that supports staking, or deposited into a cryptocurrency interest account (available at Crypto.com, etc.). Solana can be purchased on platforms such as Crypto.com.

11. Polkadot – Staking coin using NPoS algorithm

Unlike existing proof-of-stake (PoS) consensus, Polkadot is based on a nominated proof-of-stake (PoS) mechanism. In this system, nominators end up endorsing multiple validators to show their belief in their actions. Therefore, choosing a malicious validator is likely to result in losses.

However, becoming a Polkadot delegate is cumbersome and entails unfavorable requirements. Therefore, many investors either become nominees or deposit their assets into staking pools. In addition, Polkadot also provides unique token rewards, which are rewards provided in proportion to the work, not the staking size.

On platforms like Crypto.com, you can earn up to 14.5% APY with Polkadot. Polkadot also has strong growth potential because it allows developers to link blockchains and create new protocols.

12. Polygon – Best Staking Coin for High APY

Polygon is a cryptocurrency developed as a means to add scalability to Ethereum. This blockchain provides Ethereum-based application compatibility to facilitate interconnection. This makes this digital coin a good option for long-term investment. Polygon has seen its token price rise by more than 350% over the past year. Therefore, this year is a good time to enjoy interest income with MATIC.

Polygon is one of the best staking coins preferred by validators. You only need one MATIC token to participate in the network, and you can stake as little as two. If you don’t want to become a validator yourself, you can also use platforms like Crypto.com to make good money with polygons.

As of this writing, Crypto.com is offering a high APY of 10% to those who hold Polygon tokens for 3 months. Of course, this may vary depending on the lock-up period and whether CRO tokens (Crypto.com tokens) are staked.

13. Algorand – Best staking coin for the PPoS mechanism system

Most of the staking coins we have covered so far follow the existing proof-of-stake agreement. Algorand, on the other hand, goes one step further and uses a pure Proof-of-Stake (PoS) system to increase efficiency. As a result, the Algorand blockchain does not fork but still allows for instantaneous transactions.

ALGO in particular is considered one of the best trading coins due to its very low requirements for validators. You only need one ALGO token to stake here. This means that you can find several staking pools for this asset, but on the other hand, finding a platform with good terms may seem a bit difficult.

Your total profits will vary depending on the staking platform you choose. If you purchase Algorand and hold the tokens in an interest-earning account, you can expect annual returns in the range of 3-10% of your total investment.

14. Chainlink – A staking coin worth investing in blockchain interoperability

Chainlink is currently considered one of the best cryptocurrencies to invest in. It serves to connect blockchain and real-world data. Chainlink offers numerous integrations and partnerships, making it one of the most advanced Oracle systems available.

Although staking is not yet supported on the Chainlink network, you can earn money by depositing this cryptocurrency on third-party platforms.

If you buy Chainlink and decide to hold the coins long-term while waiting for your capital to rise, you can invest those assets in a cryptocurrency interest account and earn up to 9% APY, depending on the platform.

15. The Graph – Best staking coin with high growth potential

The Graph is a new cryptocurrency that aims to create a blockchain index system. This allows easy access to data on the blockchain. This can also increase blockchain efficiency by moving unnecessary data to off-chain protocols.

The Graph, launched in late 2021, has the opportunity to increase in value in the long term. This coin is still popular on exchanges. You can purchase TheGraph at a low price through the Crypto.com platform.

Since this blockchain utilizes a proof-of-stake mechanism, it can be staked on various prominent platforms.

Where should I do staking?

As explained above, there are a variety of platforms that allow you to generate passive income by staking your coins. In fact, there are so many platforms that it can be hard to know where to start, but we introduce the most popular cryptocurrency platforms to successfully generate profits.

MEXC – Best Cryptocurrency Staking Platform for Highest Interest Rates

MEXC was launched in 2018 and has emerged as one of the best cryptocurrency exchanges today. In fact, MEXC forms a huge ecosystem that supports a variety of cryptocurrency-related services, including loans, interest accounts, trading, credit cards, etc. You can also purchase over 1800 digital assets at affordable prices through an easy-to-use interface.

It also provides high convenience through iOS and Android apps and also supports perfect Korean.

MEXC allows you to stake a variety of digital assets. Most of the best staking coins mentioned in this guide are also included here. This allows users to enjoy generous passive income over the long term.

The exchange also offers its native token MX, which offers token holders a variety of benefits, including fee discounts. At the same time, it provides strong security to protect the assets of 10 million users, making it the optimal platform for long-term staking.

Advantages:

• Supports various coin staking
• Full Korean language support
• Supports over 1800 different transactions in total

AQRU – The Best Cryptocurrency Staking Platform

If you’re new to the concept of cryptocurrency staking, AQRU’s simple and straightforward interface will catch your eye. This cryptocurrency lending platform offers a very user-friendly means to start earning passive income from your digital assets.

Basically, the interface is very simple. There is no need to know difficult technical aspects or study complex jargon, and since a mobile app is also provided, you can easily trade from anywhere. With AQRU, you can earn 7% APY on Ethereum, making it one of the best staking tokens mentioned in this guide.

We also support cryptocurrency interest accounts and offer the same APY. You can also earn up to 12% per year on stablecoins (Tether, USD Coin, Dai, etc.). The rates offered are very competitive.

AQRU conducts a thorough audit of your resources and assets. Only after that, digital assets are lent out to borrowers, providing users with a high rate of return. You can also manage your earnings and withdraw them daily directly from your convenient dashboard.

When withdrawing, you have the option to choose between cryptocurrency and fiat currency. Best of all, there is no lockout period. This means you can withdraw your digital coins whenever you want.

However, there are a few things to note. You must deposit at least $100 to open an account. Also, although you will not be charged a deposit fee, you will have to pay the equivalent of $20 when you withdraw your money. Moreover, the platform only supports five digital assets.

Advantages:

• Offer high interest rates
• Generate passive revenue with cryptocurrencies and stablecoins
• Both cryptocurrency and fiat currency can be withdrawn

Disadvantage:

• There is a limit to the number of supported cryptocurrencies

Cryptocurrency is an investment product with no significant volatility and regulation.

What is a Staking Coin?

In the volatile cryptocurrency market, staking is like saving money at a bank. This involves earning interest by depositing digital assets into a third-party platform that facilitates staking. Thanks to this, instead of simply holding cryptocurrencies doing nothing, you can generate profits through interest.

Here is a simple example of how to earn rewards through staking:

• You decide to stake Ethereum.
• The Ethereum staking stake on your chosen staking platform is 10%.
• You decide to stake $1,000 worth of ETH tokens for 6 months.
• This means that when you complete one year, you will receive a reward of $100.
• Over a 6-month period, $50 is converted into profit.

Please note that profits are paid out in ETH tokens. Additionally, the value of Ethereum may increase during the sale of shares, which will yield additional profits.

As you can see, staking can be an incredibly easy way to generate passive income, especially considering the high-interest rates offered on cryptocurrency assets.

Benefits of Staking Coins

If you’ve read our guide so far, you’ll know that staking is very advantageous. To shed more light on this topic, let’s summarize the benefits of staking:

• Cryptocurrency staking allows you to earn money on digital assets that may otherwise sit idle in your wallet.
• You can save your digital coins when returning them.
• Currently, many investors are also considering staking as a means of insurance against falling cryptocurrency prices.

In other words, when you stake cryptocurrency, you generate profits regardless of the performance of the digital asset. Additionally, if you don’t lock your coins, you can retrieve them and cash them out at any time.

How to Choose the Best Staking Cryptocurrency?

When considering which cryptocurrency is suitable for staking, it doesn’t necessarily depend on high APY. If you are wondering which option is the best coin for you, here are some tips:

Lockout Period

Perhaps one of the first things to consider is whether you will have to lock in the stake you have chosen for a certain period of time in order to receive a reward.

Your best bet is to choose a flexible plan so you always have access to your digital assets. While fixed plans offer higher APYs, they may not allow you to take advantage of suddenly volatile market opportunities.

Fixed Supply

Cryptocurrencies with limited circulation can also boost market demand. This can be a characteristic worth considering when choosing a good staking coin (especially if the token shows upside potential).

This follows the basic concept of supply and demand. This means that if there is a limited number of digital tokens available, demand could potentially increase, which could push prices up and thus result in staking rewards.

Note that many digital assets, including Chainlink, Algorand, and Uniswap, among the staking coins we’ve highlighted here, have limited supply.

Coin usefulness

As mentioned earlier, you too can benefit if the value of your staking coins increases. Therefore, you should diligently research which cryptocurrencies have the potential to grow.

If a particular digital coin has a variety of applications in the real world, it may be well-positioned to gain more value in the coming years. And as such, the cryptocurrency will continue to attract both demand and price increases.

By the same token, even if your APY is relatively low, you will still be able to generate returns through capital appreciation.

How to participate in Bitcoin Minetrix pre-sale

This section introduces how to purchase Bitcoin Minetrix BTCMTX tokens.

Step 1 – Create a Metamask wallet

A non-custodial wallet is required to participate in the presale. MetaMask and Trust Wallet are both good choices. Visit the MetaMask website and download the app in the desired version.

Step 2 – Buy ETH/BNB/USDT

To purchase BTCMTX tokens, you will need ETH, BNB, or USDT. These tokens can be easily purchased on coin exchanges such as MEXC.

Step 3 – Connect your wallet

Access the Bitcoin Minetrix website, click the ‘Connect Wallet’ button, and connect the wallet you prepared earlier.

Step 4 – Purchase BTCMTX Tokens

Now enter the quantity of tokens to purchase in the pre-sale widget at the top of the official website and click the purchase button. Then follow the remaining instructions to purchase tokens.

Step 5 – Receive BTCMTX tokens

Purchased BTCMTX tokens can be received after the pre-sale ends. Once the pre-sale period ends, simply visit the pre-sale page again and link the same wallet.

How to Buy Staking Coins on MEXC Exchange

Even though many platforms support great features, they can still seem complicated to beginners. This time, we will go through step by step how to use the very easy and powerful MEXC exchange:

Step 1: Sign up for MEXC

Access the MEXC official website and click Sign Up in the upper right corner. Follow the on-screen instructions and complete your registration through phone/email verification.

Step 2: Buy Cryptocurrency

Cryptocurrency can be purchased through the cryptocurrency purchase menu at the top of the MEXC exchange. You can use a variety of methods to make your purchase, including credit cards and bank transfers. For domestic users, cryptocurrency obtained from domestic exchanges such as Upbit can be transferred to the MEXC exchange account.

Step 3: Trade Cryptocurrency

Once you have secured cryptocurrency, full-fledged trading is now possible. If you go to the spot trading menu at the top of the homepage, you will see an order window at the bottom center. Here, select the cryptocurrency you want to purchase and enter the desired buy/sell amount. Then click the Buy/Buy button. The order will then be placed and the transaction will be executed when the selected conditions are met.

In conclusion

In this way, through cryptocurrency staking, you can enjoy profits more safely in a complex market.

With the ever-changing trends so far, we have looked into the 15 best types of coin staking in 2024. In particular, you must not only select the coin well but also select the appropriate platform.

If you are still a beginner or want to try a new cryptocurrency market, we recommend MEXC. This is because it has a clean interface, is easy to use, and even first-time users can enter the market in just 10 minutes.

Also, if you missed the initial investment opportunity in Bitcoin, enjoy a new opportunity through eTukTuk, which offers an eco-friendly transportation solution using blockchain technology.