Crypto staking rewards, also known as proof-of-stake, have gained popularity in the last couple of years. This method allows anyone to earn tokens by simply holding the native token of a cryptocurrency, meaning that it does not require any special computer hardware or software knowledge to participate.
This means that you can get rewarded just by owning the cryptocurrency. However, you must know how to distinguish between crypto-straking rewards and crypto-earning opportunities, as they can be different in many ways.
Crypto staking rewards are more like an investment where you put your coins in a wallet and stake them for a certain period until they mature, at which point you can withdraw your coins or continue to stake them for more returns. Check out the Polymesh blockchain staking and reward policy as an example of what to expect when staking crypto.
In return, According to the experts at SoFi, stakers receive a percentage of all transaction fees from anyone sending transactions on that blockchain network during their coin maturation period.
1. Earn Up to 10% Annually From Your PoS Cryptocurrency
Let’s say you invest $100 in a Proof-of-Stake (PoS) cryptocurrency that pays out 10% annually, then your balance increases to $110 over one year as a result of those staking rewards. But crypto earn revenues consist of validating transactions and helping to secure a network — plus, crypto earn doesn’t require any upfront costs.
2. Diversify Your Holdings Into a Wide Variety of PoS Coins
If you have lots of money to invest in crypto, it’s best to diversify your holdings into a wide variety of PoS coins because each coin has its own unique staking mechanisms and timeframes. In general, coins that stake more frequently will pay out smaller rewards per stake, but they make up for it by staking more often.
3. You Can Stake a Coin That You Already Own or Buy a Coin That Stakes
Either way, you’re able to earn crypto rewards based on your holdings in that specific coin. But there are two ways to do it. You call a coin that you already own staking rewards. A coin that you buy, specifically with staking in mind, is called crypto earn or master node earn.
Crypto Earn is any program that pays you to complete easy microtasks, such as clicking on ads or viewing websites for short periods. Crypto Earn is a web platform that allows users to earn by watching videos or playing games on their website. The site can be accessed using desktop computers and mobile devices, allowing users to take advantage of Crypto Earn while they are at home or while out and about.
1. Get Bitcoin, Bitcoin Cash, Ethereum and Litecoin
There are several ways to earn cryptocurrencies, such as Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC). You can earn these coins by staking them in a wallet like FreeWallet or CoinPot. The other way to earn these cryptos is called crypto-earning or mining, where you utilize your computer hardware to solve complex math problems that help confirm transactions on their respective blockchains.
2. Earn Bitcoin for Completing Tasks on Websites and Apps
Crypto Earn offers you free Bitcoin by completing tasks on websites and apps, including watching videos, trying out new products, answering surveys, and more. It’s a great way to start earning Bitcoin without having to invest any money at all.
In this blog, we’ve discussed the benefits of both options, but let’s recap them one more time: In general, staking rewards are a better option for investors with time on their hands. They can reap up to 10% annual rewards, and there’s not much else to worry about.