Best Cryptos to Stake - An Ultimate Guide to Crypto Staking

As the crypto market continues to grow in popularity investors are looking for creative ways to earn passive income. One such strategy is crypto staking. If you are intrigued and want to learn more about staking, keep reading! In this blog, we will explore what crypto staking is, dive into the top cryptos to stake right now, and review 5 popular crypto staking platforms.   

Crypto staking involves locking up your investments in a wallet or a platform to support the same crypto’s network operations such as transaction validation and network security. This process is common in projects that use a Proof of Stake (PoS) mechanism. 

In return for staking, users get rewards in the form of additional coins of the same crypto. Staking is more than just a way to make passive income, it also contributes to the security of a network. Regardless of your expertise level, staking offers an accessible way to put your idle assets to work for you. 

Crypto staking rewards are categorized as income. Therefore you have to pay taxes on crypto staking. In most countries like the U.S.A. and U.K., staking rewards are taxed based on their market value at the time you gain control over them. Additionally, if you decide to later sell or trade these rewards, you might incur capital gains tax.

Submitting tax reports for staking can be a tedious process. Hence, to simplify the process of tax reporting, you can use tools like CoinLedger that help you track and calculate transactions. 

1. BlockDAG (BDAG)

BlockDAG is a revolutionary crypto that overcomes limitations faced by traditional blockchain projects. BlockDAG employs a Directed Acyclic Graph (DAG) structure that improves speed, scalability, security, and transparency.

By staking BDAG, you are actively supporting the development of their DAG-based blockchain that is set to transform the crypto landscape. As BlockDAG sets new standards for crypto technology, your contribution as a staker becomes vital to its success.

Despite being in its crypto presale 2025 phase, BDAG has managed to demonstrate exceptional growth and early investors are already seeing a 2,340% ROI. As the presale progresses, staking gains are likely to grow due to increasing adoption and demand for BlockDAG.  

Hence, staking BDAG isn’t just an investment but also an opportunity to be part of a growing community and a groundbreaking ecosystem. BlockDAG has become one of the best cryptos to stake with their high rewards, innovative technology, and a clear vision for the future. You can start staking now through BlockDAG’s presale and seize the opportunity to earn substantial rewards!

2. Ethereum (ETH)

Another crypto worth staking is Ethereum. It is the second-largest crypto in the market. ETH leverages a PoS mechanism and comes with smart contract capabilities. The platform allows developers to build and deploy diverse applications. ETH’s vast use cases have made it extremely popular and profitable. 

By staking ETH you can earn an Annual Percentage Yield (APY) of up to 4.3%. ETH is a reliable staking option due to its scalable solutions and flexibility in staking periods. 

3. Cardano (ADA)

Cardano is one of the top cryptos based on market capitalization and is known for its robust blockchain capabilities. Investors are directly paid after holding ADA for a specific period of time. The coin’s reliability and ease of use make it one of the most popular cryptos to stake right now. 

4. Bitcoin Minetrix (BTCMTX)

Bitcoin Minterix promises to offer more eco-friendly solutions for Bitcoin mining through an Ethereum-based blockchain. It is a high-reward option and users can stake BTCMTX tokens to earn Bitcoin. Upon staking this coin, you earn an APY of over 500%! 

5. Meme Kombat (MK)

Meme Kombat is based on AI-enhanced meme battles. It has a very playful approach to crypto yet offers a lucrative staking opportunity. By staking MK you can earn an APY of up to 112%. However, MK is a high-risk staking option as meme coins are typically more risky and volatile. 

1. Coinbase

• Assets: 15+ cryptocurrencies like ETC and ADA
• APY Range: 1% to 13%

Coinbase is one of the leading platforms for secure and user-friendly staking. The platform shows you how much you have earned and the current rate of your earnings. Moreover, Coinbase also offers flexible staking options so you don’t have to lock up your assets. 

2. Binance

• Assets: Wide range, including XRP, ADA, and LTC
• APY Range: Up to 30%

Binance allows users to earn passive income through various ways like staking, dual investments, and farming. Additionally, Binance offers a daily reward feature that automatically invests a predetermined amount into a crypto.

3. KuCoin

• Assets: 40+ cryptocurrencies like AVAX and ADA
• APY Range: 1% to 16%

KuCoin is popular for offering multiple options for earning rewards. It not only provides a platform for staking but also offers dual investments, promotional offers, savings, etc. 

4. Crypto.com

• Assets: 10+ cryptocurrencies like ETH and ADA
• APY Range: 1% to 14%

Crypto.com is a great option that offers good interest rates based on factors like amount, term, and CRO lockup. It also offers exclusive benefits for its private members.  

5. Kraken

• Assets: 15 blockchains, including ETH, SOL, and DOT
• APY Range: 1% to 13%

Kraken has gained attention for providing flexible and fixed-period staking options. With Kraken, staking crypto is possible in one click and it removes several requirements like minimum deposit.
 

Similar to crypto mining, staking has become one of the top ways to earn rewards. It is more than just a method for passive income; it is a gateway to being part of a community and supporting blockchain innovation. 

With options ranging from transformative projects like BlockDAG to established coins like Ethereum, staking offers something for everyone. You too can unlock consistent rewards and diversify your crypto portfolio by choosing the right platform and crypto. Unlock your staking potential now and let your crypto earn for you!

Do keep in mind that the crypto market witnesses frequent changes. Hence, it is crucial to take a step after thoughtful consideration. 

1. Which platform can I use to report crypto staking taxes?

You can use platforms like CoinLedger, TurboTax, and Koinly. 

2. What is the risk of staking cryptos?

It has a risk of penalties that can be imposed as a result of protocol violations.

3. When should you not stake crypto?

You shouldn’t engage in staking if your coin experiences a significant price drop. Consequently, you may not earn as much interest then.