The best crypto staking sites (Passive Income)

What is staking?

In PoS, staking is a mechanism that allows users to earn passive income simply by storing them. There is a complex mechanism behind why and how it works, but to keep it simple, you can understand it as earning rewards for "storing cryptocurrency in your wallet".

 

When this mechanism was first implemented, it was quite complicated to do staking. Today, it has really become increasingly simple. There are indeed sites today that allow to do it in a simple way, without configuration.

 

The amount of reward is directly proportional to the number of coins you have (stored in the wallet) and the annual percentage varies from 5% to 35% or even more depending on the crypto. So that's it for the simple explanation; now we can get into the best crypto staking sites because I know you're impatient!

 

1. Atomic Wallet

Atomic wallet is a really interesting wallet and I'm not afraid to say that it's one of the best on the market. First of all, it's one of the most secure wallets available and here are its advantages:

  • A Muti-cryptocurrency wallet and you can trade them directly on the platform without paying any fees.
  • It is a decentralized wallet (This means that you own your passphrase and your private keys, so you have full control over your funds. We do not have access to your wallet and sensitive information. Your 12-word backup and private keys are stored locally on your device and strongly encrypted. Also, your funds are not located in the wallet itself, they are stored securely on the blockchain).
  • You can use it anonymously (No KYC required, unless you buy directly with a bank card on the site).

 

You can get the wallet directly on your computer or mobile. Keep in mind that this is a decentralized wallet, so you will need to download the wallet. This is not a site like Coinbase for example, where you can log into the site online. And, what interests us here is that beyond its classic crypto wallet functions, you can also do staking on Atomic wallet. Users can delegate their crypto assets to validators to earn interest at no cost.

 

2. Trust Platform

Maybe you already know about it? It is a crypto wallet that is indeed very famous as one of the oldest. It is said to have more than 1 million users (satisfied). In fact, it is the official crypto wallet of Binance, hence its notoriety. Again, like Atomic Wallet, it is a decentralized wallet. You are the one who keeps your data secure.

 

Again for me, this is one of the best that we can do everything on this platform. Buy cryptos by credit card, exchange instantly, etc. Trust wallet is therefore a classic wallet where you can have hundreds of different cryptos and tokens. In fact, it is certainly on Trust Wallet that you can have the most tokens, it seems to me as the choice is so varied. Currently, the Trust platform supports staking for:

 

VeChain (VET), TRON (TRX), Callisto (CLO), TomoChain (TOMO), Tezos (XTX), Cosmos (ATOM), IoTeX (IOTX) and Algorand (ALGO). They will add more later.

 

3. Guarda Wallet

Guarda is a very easy to use and secure multi-crypto wallet that supports over 100 crypto assets. You can also trade them with each other and do a lot of other very interesting things (including creating tokens, but that's another topic). Guarda Wallet allows users to have full control over their private keys.

 

Similar to Atomic Wallet, it is a non-private wallet available for the web, desktop, Chrome browser (extension) and mobile. We don't talk about it much, even though it's really quite good overall. Guarda wallet supports PoS coin staking so users can earn extra tokens.