Apart from the top market cap coins, you can also find certain less popular alternatives on Stake Capital that aren’t supported by other major exchange platforms like Livepeer. KuCoin is a Hong Kong-based exchange platform for crypto where you can stake cryptocurrency and earn https://cryptoplora.com/ passive rewards from it. It supports 15 different crypto coins such as ATOM, LUNA, LINK, KSM, ANC, MATIC, EOS, TOMO, VSYS, WAN, TRX, ZIL, HYDRA, OUSD, and ADA. When you stake with an exchange, you’re basically parking your stackable assets in your trading account wallet.
- Trust Wallet – The versatile Trust Wallet is a private wallet supported by Binance.
- You can lend Bitcoin — Bitcoin operates using proof of work, so you can't stake it but can lend it.
- Proof of Stake and Proof of Work are the two main consensus mechanisms used to confirm all blockchain transactions.
- Since Bitstamp was founded in 2013, it has been one of the first bitcoin exchanges in the crypto market and has been around since the very beginning of Bitcoin.
- Flexible savings accounts typically have the lowest APY rates.
A Morgan Stanley report suggests that collecting yields from cryptocurrency is one of the best alternative growth opportunities for funds. This is particularly relevant from a retail https://cryptoplora.com/ or institutional investor’s perspective. The report also forecasts staking as an
