12 Best Staking Coins to Invest in 2022

Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.

Crypto staking allows investors to lock-up their holdings and earn passive income and governance rights. Complementing a buy and hold investment strategy, staking crypto is also an effective way to guard against a bear market cycle without having to cash out and realize losses.

This guide reviews the best crypto staking coins to invest in 2022 wise, and where they are listed to buy.

12 Best Staking Coins to Buy Now

Our top staking coin rankings include new crypto projects set to roll out staking products, and established big caps with a large community of holders.

  • Tamadoge – New Coin Listing on OKX, a High APY Staking Platform
  • Battle Infinity – Metaverse Platform that Generates Passive Income via Staking
  • Lucky Block – Hold LBLOCK to Win NFT & Crypto Rewards
  • Ethereum – Largest Altcoin with Proof-of-Stake Upgrade Since Merge
  • Cardano – Staking Network Handling 75,000 Transactions per Second
  • Solana – Potential ‘ETH Killer’, Earn over 5% Annually by Staking SOL
  • Polygon – Over $2.36 Billion MATIC Staked on the Polygon Network
  • Avalanche –  Cryptocurrency Providing High Returns to Network Delegators
  • Binance Coin – Native Token of the Biggest Cryptocurrency Exchange
  • Polkadot – Earn 14% APR by Staking DOT, Top 20 Crypto Token
  • Tezos –  Web3 Network with Staking Options, Eco Friendly Crypto
  • Algorand – Pure Proof-of-Stake (PPoS) Staking Protocol

Stake Crypto on OKX Now


Analyzing the Top Cryptos to Stake

To get a better idea of the best staking tokens, the sections below provide an in-depth review of some of the best cryptocurrencies in this niche. 

1. Tamadoge – Best staking coin in 2022

One of the best new cryptocurrency assets in 2022, Tamadoge (TAMA) is a play-to-earn (P2E) token which offers in-game earning opportunities to its gamers. Built on the Ethereum blockchain, Tamadoge is a brand-new crypto project and yet to become a staking asset. However as Ethereum has transitioned to a proof-of-stake (PoS) consensus, the platform will likely offer new features and earning opportunities over time.

In its crypto game, players use Tamadoge on the ecosystem to mint and upgrade Tamadoge pets – Non-fungible tokens that take the shape of virtual pets. Each Doge pet is created using smart contract functionality and is unique in appearance, characteristics and advantages. These avatars can be purchased on the Tama store, along with other virtual items. 

https://cryptonews.com/

Offering maximum supply of 2 billion tokens, Tamadoge is a deflationary token. The platform will also burn 5% of all tokens spent to increase the demand against the supply in the long-term. 50% of the tokens were available to buy during the initial token offering. 

Concluding one of the best crypto presales in 2022, Tamadoge raised $19 million in over 8 weeks. The price of TAMA increased from $0.01 to $0.03 in this period, despite the price corrections being witnessed among the broader crypto markets. 

The development team has reserved 20% of the token supply for future listings on centralized (CEX) and decentralized exchanges (DEXs). TAMA is now available to purchase on OKX – a popular cryptocurrency exchange with over 20 million users. 

Notably, OKX is one of the top staking cryptocurrency exchanges. The platform offers ‘OKX Earn’ – which acts as a one-stop-shop for multiple centralized staking options – including dual investments, staking and P2P lending. 

https://cryptonews.com/

With OKX, investors can also access DeFi (Decentralized Finance) products such as lending DApps (Decentralized Applications) and accessing decentralized exchanges. Recently, OKX exchange has opened staking options for Ethereum (ETH). A 30-month lock-up period (max 1 ETH) can provide investors with up to 25% APY (Annual Percentage Yield). OKX also supports Terra Classic staking and meme coin staking.

Traders can buy TAMA on OKX via the decentralized (DEX) and centralized exchange (CEX). 

As part of its 2023 roadmap, Tamadoge is working on an Augmented Reality app, which will retain the P2E dynamics as the web-based feature. Tamadoge also plans to release an arcade-style Tamadoge game, partner with various metaverse projects and list the token on multiple exchanges in 2023. 

Follow the Tamadoge Telegram Channel to stay updated with the latest news surrounding Tamadoge. Telegram admins will never DM you first.

Stake Coins on OKX

Visit OKX DEX

2. Battle Infinity – Metaverse Platform that Generates Passive Income via Staking

Battle Infinity (IBAT) is an upcoming metaverse-based P2E cryptocurrency, offering players the opportunity to earn rewards via staking, playable NFTs and more. 

Battle Infinity settles transactions and rewards users with IBAT – the native cryptocurrency. Players can purchase and swap IBAT with other popular cryptos via the IBAT Battle Swap – Battle Infinity’s decentralized exchange. One of the most exciting P2E elements on Battle Infinity is the IBAT Battle Swap – a cryptocurrency staking platform. 

https://cryptonews.com/

Players can stake IBAT to accumulate interest and even conduct duo staking options – where IBAT can be staked against another cryptocurrency. One of the best future cryptocurrency projects to invest in, IBAT is gaining popularity due to its metaverse P2E environment – the Battle Arena. 

On the Battle Arena, all items and characters are minted as NFTs, via ERC 721 smart contract functionality. Players can create their own NFT avatars on Battle Infinity’s NFT marketplace and access the arena via VR headsets. 

https://cryptonews.com/

After selling out its 3-month presale in 24 days, IBAT launched on PancakeSwap to complete one of the best new coin listings of 2022. In August 2022, the token reached a price of just over $0.01 – a 7x price increase compared to its $0.0015 launch price. 

Currently, IBAT is trading at $0.0034 per token, and recently launched its staking product with $3 million in total value locked (TVL) so far. Read the latest details on IBAT staking on the Battle Infinity Telegram.

Its play to earn NFT-based metaverse game is also expected to launch its early beta release in the coming weeks.

Stake Battle Infinity

3. Lucky Block – Hold LBLOCK to Win NFT & Crypto Rewards

Lucky Block is an NFT-based competition platform, allowing players to participate in daily crypto & NFT draws. The cryptocurrency hosts multiple giveaway draws, where players can win luxury watches, Lamborginhis and $1 million worth of houses. 

https://cryptonews.com/

Built on the Ethereum chain, Lucky Block will also move to the PoS protocol with the Ethereum upgrade. Players can participate in competitions by purchasing and staking exclusive utility NFTs built on the platform. 

For example, the Platinum Rollers Club NFT collection gives players exclusive access to the Platinum NFT competitions. Players can also enter specific draws with LBLOCK – the native cryptocurrency. Notably, there are two LBLOCK versions – a BEP-20 (V1) token and an ERC-20 (V2) token. 

Launched in January 2022, the BEP-20 token quickly rose by 1,100% within two weeks of trading. This V1 token is listed on DEXs and attracts a 12% sales tax. On the other hand, the V2 token charges no sales tax and is listed on various CEXs such as the MEXC exchange and Gate.io – the 5th largest CEX in the space. 

https://cryptonews.com/

Currently, LBLOCK’s V2 token is trading at $0.00043.

Visit Lucky Block V2

4. Ethereum – Popular Altcoin with Proof-of-Stake Upgrade

One of the largest cryptocurrencies, Ethereum (ETH), has recently transitioned from a Proof-of-Work (PoS) to a Proof-of-Stake (PoS) consensus. Thus, it has the potential to become one of the best cryptocurrency for staking in 2022. 

https://cryptonews.com/

With the upgrade, Ethereum is expected to solve major network concerns related to high gas fees, scalability and transaction speed. Thus, the new change is expected to make Ethereum one of the best staking coins in 2022.

With the new upgrade, investors will be able to stake Ethereum to help secure the network and earn rewards in the process. However, there is a minimum staking requirement of 32 ETH ( $41,471 at the time of writing). 

https://cryptonews.com/

Seen as the best altcoin by many investors, Ethereum is the second largest cryptocurrency behind Bitcoin with a market cap of $158 billion. ETH is currently trading at $1,296 – more than 70% below its all-time highs of $4,900. 

Stake Ethereum on eToro

Cryptoassets are highly volatile and unregulated. No consumer protection. Tax on profits may apply.

5. Cardano – Staking Network Handling 75,000 Transactions per Second

Created by one of the founders of Ethereum, Cardano is considered one of the best proof-of-stake blockchains in 2022. ADA, the native cryptocurrency, can be staked on the Cardano network to earn yearly interests in return for validating blocks on the blockchain. 

https://cryptonews.com/

On Cardano, new blocks are verified through nodes selection. When an individual joins a node, ADA is locked away in that node. After blocks are produced, the nodes earn rewards distributed among the individuals, also referred to as pool contributors. 

Investors can also choose to stake their assets to stake pool operators – individuals who have specialized knowledge to perform the necessary tasks of maintaining the network. One of the best proof of stake coins, Cardano (ADA), can be staked on some of the popular crypto exchanges such as Binance, Crypto.com, eToro and Kraken exchange – of which eToro is the most regulated crypto platform.

https://cryptonews.com/

With an average of 75,000 transactions per second (TPS), Cardano is one of the fastest networks in the blockchain space. After launching at $0.076 in 2017, ADA reached an ATH of $3.10 in 2021. Currently, the token is trading at $0.43, with a market cap of $15 billion. 

Stake Cardano on eToro

Cryptoassets are highly volatile and unregulated. No consumer protection. Tax on profits may apply.

6. Solana – Earn over 5% Annually by Staking SOL

Solana is a decentralized blockchain built to support scalable and user-friendly apps worldwide. The network attracts various DApps (decentralized applications) and developers due to its high speed and low costs – supporting more than 50,000 TPS with an average transaction cost below $0.1. 

https://cryptonews.com/

A proof-of-stake coin, SOL can be easily delegated to network validators to earn a potentially high annual percentage yield (APY). SOL has an APY of $5.32%, making it one of the best staking cryptocurrency for investors seeking to generate passive income. 

https://cryptonews.com/

In 2021, SOL grew from a price of $1.5 in January to an ATH of $260 in May – a 17,233% price increase. Currently trading at $32, SOL has provided a return on investment (ROI) of more than 14,000% since its launch. 

Invest in Solana via eToro

Cryptoassets are highly volatile and unregulated. No consumer protection. Tax on profits may apply.

7. Polygon – Over $2.36 Billion Staked on the Polygon Network

An open-sourced and permissionless blockchain, Polygon (MATIC) is built on the Ethereum network to offer high-scaling solutions. The native cryptocurrency, MATIC, is used to settle transactions, staked to secure the platform, and has rewarded investors with massive growth in the last few years.

https://cryptonews.com/

With a total supply of 10 billion tokens, 12% of MATIC is allocated to fund staking rewards on the Polygon network. A PoS consensus, Polygon utilizes a sustainable and environmental-friendly network that does not require large amounts of computational power. 

Anyone can become a network validator by staking MATIC, with the proportion of rewards depending on an individual’s stake. With over 100 global validators maintaining the network, a total of $2.36 billion is staked on the Polygon network. With nearly half a billion worth of rewards distributed from the staking pool, Polygon is one of the top staking coins in 2022. 

https://cryptonews.com/

Trading at $0.74 per token, MATIC is the 13th largest cryptocurrency, with a market cap of $6.4 billion. 

Buy Polygon via eToro

Cryptoassets are highly volatile and unregulated. No consumer protection. Tax on profits may apply.

8. Avalanche – Cryptocurrency Providing High Returns to Network Delegators

Avalanche (AVAX) is an Ethereum Virutal Machine (EVM) compatible open-sourced platform that functions as a platform for various decentralized applications. One of Ethereum’s top rivals, Avalanche, is also smart contract compatible and offers higher throughput levels. 

https://cryptonews.com/

Avalanche is capable of handling 6,500 TPS, compared to Ethereum’s 17. AVAX, the native cryptocurrency, can be staked to earn potentially high annual yields. Currently, delegators can earn an average of 8.67% in yearly rewards by staking AVAX, while validators can earn up to 8.97%. 

https://cryptonews.com/

Delegators are individuals that choose to stake AVAX but give the responsibility of utilizing the staked tokens for network security to the validators. Currently, AVAX is trading at $17, with a market cap of $5.1 billion. 

Visit eToro

Cryptoassets are highly volatile and unregulated. No consumer protection. Tax on profits may apply.

9. Binance Coin (BNB) – Native Token of the Biggest Cryptocurrency Exchange 

Binance Coin (BNB) is the native cryptocurrency of Binance – the world’s largest cryptocurrency exchange in terms of trading volume. With Binance, investors can trade over 600 cryptocurrency assets. 

https://cryptonews.com/

On the exchange, traders access low spot trading fees of $0.1% per transaction. However, BNB token holders can get a 25% discount on this fee, depending on the size of their BNB holdings. Another way to benefit from BNB is through staking options. 

The amount BNB investors earn via staking differs depending on the lock-up periods and the amount of tokens staked. For example, investors staking $5,000 worth of BNB for 120 days can earn up to 12.99% APY. Thus, BNB is potentially one of the best staking cryptocurrency options in 2022. 

https://cryptonews.com/

Trading under $1 in 2017, BNB eventually reached an ATH of $690 in 2021. However, the token has declined significantly throughout 2022. Currently, BNB trades at $274 per token, with a market cap of $44 billion. 

Trade BNB on eToro

Cryptoassets are highly volatile and unregulated. No consumer protection. Tax on profits may apply.

10. Polkadot – Earn 14% APR by Staking DOT

Polkadot (DOT) is a popular protocol enabling cross-chain blockchain transfers of tokens, data and any other type of asset. Polkadot aims to provide a decentralized web which its users can control. Therefore, the blockchain offers staking options for various network operations and maintaining security on the network. 

https://cryptonews.com/

With a circulating supply of over 1.1 billion DOT, 52% of the available tokens have been staked. One of the major reasons for this is the high annual yields that the network provides. Platform delegators earn an average APR of 14.02% while running validator nodes attracts an APR of 14.83%.

https://cryptonews.com/

DOT is currently the 11th largest cryptocurrency, with a market cap of $7.2 billion. After reaching an ATH of $55, DOT has corrected to $6.47 at the time of writing. 

Buy Polkadot on eToro

Cryptoassets are highly volatile and unregulated. No consumer protection. Tax on profits may apply.

11. Tezos – Web3 Network with Staking Options

Tezos is an open-source and smart contract compatible platform designed to power the Web3 revolution. With Tezos, you can access a high-speed decentralized network where users can directly interface and communicate with each other. 

https://cryptonews.com/

A key platform component is user-driven governance, an important element of the Web3 revolution. The network offers this by allowing users to participate, evaluate and maintain the site actively. One of the ways of governing the platform is by staking XTZ – the native cryptocurrency of Tezos. 

Requiring lesser energy than Ethereum and Bitcoin to operate, Tezos leverages XTZ to offer a highly sustainable cryptocurrency platform. Currently, delegators can earn an APR of 5.34% by staking XTZ. The platform also has a high staking ratio of 74% – meaning that holders have staked nearly 3 out of 4 XTZ tokens. 

https://cryptonews.com/

Currently, XTZ is trading at $1.47 with a market cap of $1.34 billion. 

Invest in Tezos on eToro

Cryptoassets are highly volatile and unregulated. No consumer protection. Tax on profits may apply.

12. Algorand – Pure Proof-of-Stake (PPoS) Staking Protocol

Algorand is a decentralized blockchain network operating on a unique consensus known as the Pure Proof-of-Stake (PPoS). Built on the Byzantine consensus, Algorand’s network maintains itself via staking operations. 

https://cryptonews.com/

With PPoS, users who stake ALGO are randomly selected to propose new blocks and vote on block proposals. Notably, a user’s influence is directly proportional to the amount of ALGO they stake on the network. Therefore, users with the highest levels of staked assets have a significantly larger chance of contributing to the network. 

https://cryptonews.com/

Currently, ALGO delegators can expect an APR of 7.75%. Nearly 3.65 billion of the available 7.34 billion ALGO tokens are currently staked. ALGO has a live price of $0.36 – 88% below its ATH of $3.28. 

Buy Algorand on eToro

Cryptoassets are highly volatile and unregulated. No consumer protection. Tax on profits may apply.

What are Crypto Staking Coins?

Cryptocurrency staking is a process supported with Proof-of-Stake (PoS) digital assets. Crypto staking involves locking up a portion of your token holdings for a certain period to take advantage of certain benefits or rewards. 

How Do Staking Tokens Work?

For example, staking rewards in cryptocurrency works similar to earning interest in your savings account. After staking a portion of your assets, investors can earn interest on their holdings. With fiat currency, the bank typically uses this staked amount from your savings account to provide loans to other customers. 

However, in cryptocurrencies, the staked assets are used to maintain and validate each new block – which is a cryptographic representation of a new transaction on the platform. 

For instance, here is an example of how crypto staking works:

  • An investor wishes to stake Cardano (ADA) to earn interest.
  • The investor stakes $1,000 worth of ADA for 3 months. 
  • The staked ADA is used to secure the network. 
  • The investor earns 5% interest at the end of the 3 months, receiving $1,050 in total. 

Is Staking Cryptocurrency Worth it?

Before investing in some of the assets from our staking coins list, it is important for investors and traders to review the benefits of staking coins. The sections below review if staking cryptocurrencies is a worthwhile investment. 

Earn Passive Income 

Firstly, generating passive income is the biggest benefit of staking cryptocurrencies. While the best proof of work coins like Bitcoin have a significantly high market cap, proof of stake tokens can be leveraged to earn additional income. 

https://cryptonews.com/

For example, investors can stake their preferred tokens to earn an APY – annual percentage yield. Like a savings account, you generate fixed income yearly from your holdings. This is a great opportunity for investors looking to hold tokens for the long-term. 

With certain tokens such as Polkadot (DOT), investors have the chance to earn returns as high as 14% annually. 

Contribute to Network Security 

Apart from investment opportunities, many users see cryptocurrencies as a new and revolutionary method of making currency completely decentralized. Thus, many networks promote community participation via token governance. 

Staking tokens allow investors to participate as network validators – validating nodes and creating new blocks on the blockchain. Furthermore, network validators earn higher rewards than delegators. 

How to Pick the Best Staking Cryptocurrency

The steps below discuss a few methods of assessing the best staking cryptocurrencies to invest in: 

High APY

One of the best ways of picking the top staking cryptos is by analyzing the Annual Percentage Yield. For example, investors will likely stake their cryptocurrencies with a network providing higher returns. 

With Polkadot, delegators can earn up to 14.84% return on their staked assets. On average, the S&P 500 has returned 11.8% annually since its inception in 1957. 

Lock-Up Time

Many cryptocurrencies offer flexible lock-up periods – allowing investors to stop staking their assets at any moment. On the other hand, fixed lock-up periods are likely to attract a higher rate of return. 

However, investors looking to stake for short intervals may benefit from choosing digital assets that offer flexible options. For example, Cardano (ADA) allows investors lock-up their assets for a minimum of 30 days on Binance exchange. 

Where to Stake Crypto

We recommend eToro for beginners as the safest and best cryptocurrency staking exchange in 2022. eToro is a global multi-asset trading platform with over 27 million users. 

A secure exchange, eToro is regulated by top-tier global bodies, including the FCA (Financial Conduct Authority), FINRA (Financial Industry Regulatory Authority) and the ASIC (Australian Securities and Investments Commission). 

https://cryptonews.com/

Offering over 60 tradable cryptocurrencies, investors can trade all of the above-mentioned cryptocurrencies in our list. eToro supports staking in namely 3 crypto assets – Ethereum, Cardano and Tron. The yields investors receive depend on their eToro membership card tiers.

For example, the Bronze card members are eligible to earn 75% of the monthly staking yield on Cardano (ADA), while the silver/Gold card members can earn 85%. The Diamond/ Platinum card members receive the highest benefits, as they are eligible to earn 95% of the monthly staking yield on Cardano. 

An efficient and easy-to-use platform, eToro required investors to complete a 5-minute KYC (Know Your Customer) process before accessing their account. 

eToro charges 1% per crypto transaction, which is added to the bid/ask spread price. After making a minimum deposit of $10 (for US and UK customers only), investors can begin trading digital assets at a low cost. Investors can deposit via fiat currency payment methods such as credit/debit cards, bank transfers and e-wallets like PayPal, Skrill and Neteller. 

While its not yet a stakeable crypto token, readers may also be interested in our guide on how to buy Tamadoge as it is listed on OKX which offers a higher APY on a wider range of staking cryptos than eToro.

Visit eToro Now

Conclusion

Staking cryptocurrencies allows users to earn annual yields by locking up their digital assets for specified amounts of time. We recommend Tamadoge and Battle Infinity as two of the top cryptocurrencies to watch right now. 

Tamadoge has recently sold out its presale after raising $19 million and is now listed on OKX exchange – a global cryptocurrency platform with 20 million + users. 

Invest in Tamadoge on OKX Exchange

Invest in Tamadoge on OKX DEX

FAQs

What coins have the highest staking rewards?

Polkadot (DOT) is currently offering delegators a 14.8% annual yield. Investors can earn up to 12.99% yearly yields by staking at least $5,000 worth of BNB for at least 120 days. 

What is the best crypto to stake in 2022?

In terms of annual yields, Polkadot is one of the best cryptocurrencies to stake. The token offers a yearly yield of nearly 15%.