The crypto world is so vast that you may get lost in the process if you don’t know what you are looking for. Changes are happening every single day. Uninformed, newer investors entering the space seek the conventional exchanges to buy and sell crypto every time the price shifts and stop at that.
With more informed, there are other ways to make more with your crypto besides trading. If done right, investors can start staking their crypto and earn more rewards, compounding their assets passively.
What is crypto staking?
Apart from trading crypto, you can also stake your coins to earn money. Crypto staking is where you lock up your digital assets to keep a blockchain network secured. You need to complete a certain period before you can take out your coins from the staking pool. Instead of cash, you get coins for staking crypto. For example, if you stake Polkadot, you will get Polkadot coins in return.
This is what keeps investors fascinated by Proof of Stake. Once you’re in the system, you won’t want to get out. However, staking is not something you can do alone. You need to rely on trustworthy validators or staking providers to help you make the most of your crypto. Staking-as-a-services enable investors to gain more by doing less.
Top 10 Staking Providers
With staking being relatively new in the blockchain space, there are only a few select providers that can help users make more with their crypto. To get started staking your coins, its important to be aware of the landscape out there, and rely on some of the most trusted platforms that can do the job. As such, we look at some of the top 10 staking providers in the crypto space.
RockX is one of the most trusted staking-as-a-service providers that specialize in blockchain technology and validation. Based in Singapore, RockX provides three primary services — blockchain solutions, staking service, and industrial mining solutions. With existing partnerships with reputable companies such as Signum Capital, Alternity, and FBG Capital, the company has over $200M in assets already managed, predominately in Polkadot, Kusama, and many more.
To gain incentives, users may stake their crypto holdings on partner Proof of Stake blockchains. Contributors will be rewarded for their contributions regularly. RockX provides a selection of Proof of Stake blockchain protocols to meet both individual and institutional demands to satisfy the needs of our clients.
Figment Networks is Canadian staking company founded in 2019. Ethereum (ETH), Tezos (XTZ), Polkadot (DOT), Chainlink (LINK), Livepeer (LPT), Cosmos (ATOM), Solana (SOL), Algorand (ALGO), ICON (ICX), Aion (AION), and Kava (KAVA) are the coins you can stake in this platform.
This staking as a service platform is based in France. Founded in 2019, different coins such as Loom Network (LOOM), Livepeer (LPT), Cosmos (ATOM), Idex (IDEX), Kava (KAVA), Tezos (XTZ), and Aion (AION) are available for staking on the platform. There are many more cryptos to come.
MyContainer is an Estonia-based staking provider offering soft staking with various coins to choose from. Some of the assets on the platform are Phore (PHR), Bitbay (BAY), PinkCoin (PINK), CloakCoin (CLOAK), Particl (PART), PIVX (PIVX), NavCoin (NAV), Wagerr (WGR), OKCash (OK), and BlackCoin (BLK).
As simple as the name suggests, Staked is a leading staking service platform offering 0-54% staking fees. With this platform, you can compound your assets with 5-100%. Some of the coins you can stake here are Tezos (XTZ), Decred (DCR), Livepeer (LPT), and Cosmos (ATOM).
Stake.Fish is a staking platform based in Korea. It charges between 10% to 20% staking fees and supports stakable assets such as Alogrand (ALGO), Livepeer (LPT), Cosmos (ATOM), Cardano (ADA), Tezos (XTZ), Solana (SOL), Kava (KAVA), and Aion (AION).
This is another German-based staking platform that charges between 5% to 20% staking fees. Its stakable assets are Tezos (XTZ), Aion (AION), and Cosmos (ATOM).
StakingLab is based in Germany and supports Phore (PHR), Reddcoin (RDD), PIVX (PIVX). It was founded in 2019, and it currently charges 7.5% as the staking fee. You can head to this platform’s website to check their other offers.
Chorus One is a highly secured staking as a service platform. It supports networks such as Oasis, Solana, Polkadot, Regen, and Terra. This platform awards reasonable rewards for those who stake its supported networks. For example, a user can get 12.24% staking Terra.
This is a secure, non-custodial staking platform with several coins to select from, such as Tezos (XTZ), Cosmos (ATOM), Polkadot (DOT), Solana (SOL), and Kusama (KSM). There are also other cryptocurrencies coming soon.
Start staking today
Not all crypto exchange platforms support staking. While popular apps like Binance provide staking services, what makes staking so tricky is the reliability of the validation technology behind it.
In staking-as-a-service providers, anybody can participate in the project even if they don’t have prior expertise in cryptocurrency or blockchain technology. The barriers to entry for technology providers are lowered to let everyone earn tokens by staking in a Proof of Stake (PoS) network.
This is exactly why thousands of people rely on RockX to do their staking for them, as we are the smartest platform to help you make the most of your crypto. With over $200M assets managed and secured, we take your assets to the next level, compounding your crypto with high rewards and yields.