Passive dividends and income in cryptocurrency

Cryptocurrency staking is a popular method for those looking to grow their capital in crypto. This is explained in particular by the fact that staking does not require any technical or other knowledge.

Even a perfect beginner can do cryptocurrency staking, in fact. Indeed, it simply consists in keeping an amount of a cryptocurrency without touching anything. Yes, as simple as that.

Cryptocurrency staking offers regular payments to those who hold their cryptocurrencies in appropriate wallets. This is what we can call "staking". In fact, staking helps secure the network as a whole.

For example, Bitcoin keeps its security and its functioning with those who mine bitcoin. They are the ones who validate the transactions and ultimately make the blockchain run properly. 

Similarly, other bloggers use other methods to support the network, among others, by stacking the best one platform I can recommend is to visit mycointainer.com for passive dividends and income in cryptocurrency. I know my explanation is very simplistic here. I plan a next article on the more precise description of stacking. I would also explain below the difference there is with masternodes. Yes, there is, even if both methods generate passive income.  Be sure to check out the website Finscreener, which is a stock screener for investors and traders, providing various types of financial information, data and news from stock, forex and commodity markets.

The 5 Main Principles of Cryptocurrency Staking:

·         You will need to keep your capital in a specific online portfolio.

·         Some cryptocurrencies require special configuration (for example, with fees or others)

·         You will have to keep your tokens all the time of the requested period (it varies according to the cryptocurrencies)

·         You receive your tokens won for free after the end of the staking period.

·         The amount of your rewards varies depending on whether you have more or less large capital.

I would add that some cryptocurrencies give you rewards in a different token than the one you have is mycointainer.com.Also, you will earn more or less depending on the cryptocurrency you choose. I selected the 6 most popular cryptocurrencies to perform cryptocurrency staking.

The 8 Cryptocurrencies to Earn Interest:

Here is a summary table for each of the 8 cryptocurrencies that generate interest when stored in a wallet.For each cryptocurrency, you will find, the specifics of staking.

NEO

·         Dividends are paid in GAS token when you keep funds in a NEO portfolio.

·         A return on investment between 2 and 5% per year.

VeChain

·         Dividends are paid by keeping VET tokens.

·         Your dividends are higher or lower depending on the amount you keep.

·         Dividends are paid in VeTho token (VTHO).

Neblio

·         NEBL must be kept in an online wallet.

·         The Staking rewards are paid according to a lottery system, with an average of 10% per year.

·         Staking rewards increase if you keep your NEBLs longer.

Komodo

·         You have to keep KMD on any wallet (even offline) for a return on investment of 5.1% per year.

·         Distribution will start automatically one hour after the tokens are stored.

·         Rewards are distributed monthly (0.417% per month).

·         Distribution will continue until 200 million KMD supply limit is reached.

Nav Coin

·         NavCoin must be kept on an online wallet.

·         Distributions begin after two hours of stacking.

·         The rewards are based on a lottery system.

·         The return on investment is around 5% per year.

·         Your interests increase according to the amount you keep and the duration.

PivX

·         There is no minimum to earn interest on your stacking, but a person who has 10,000 PIVX, will be able to generate additional tokens by a dedicated masternode.

·         Both, the PIVX and the linked token, the zPIV can be stacked.

·         The interests are random and are based on the quality of the network and the percentage of tokens that are stacked overall.

·         On average, interest is between 3.6% APY for PIVX stacking and 5.4% APY for zPIV stacking.

ReddCoin

·         RDD must be kept in the official ReddCoin wallet.

·         Interest commences after 8 a.m.

·         The interest varies according to the duration and the amount of your stack.

·         There is a “sweet spot” which shows how long you will have to stack a crypto to maximize your interest - one month is the optimal duration.

·         Under optimal conditions, stakers earn 5-6% per year.

Pundi X

·         NPXS must be kept in a specific portfolio.

·         Rewards are paid monthly.

·         The interest is 7.316% per month.

In this article, only the 8 strongest staking cryptocurrencies have been listed. That said, there are many other cryptocurrencies that offer the option of staking at passive dividends and income in cryptocurrency.Some even offer two to three times the interest that I have listed above in details.