Crypto Passive Income 2020: These Top Ten Altcoins are The Best Options for Staking

Top 10 Proof-of-Stake (POS) Coins for Crypto Passive Income Having seen the need for staking, here is our list of arguably the best Proof of Stake coins 2020: 1. Fusion ($FSN) Perhaps a surprise list topper for some, unlike other projects in our list, Fusion is going somewhat under the radar as a project. The platform is aiming to provide effective interoperability between assets and currencies. Its services are increasingly becoming attractive as people start to see the potential it holds. With a very low market cap, it can be suggested that Fusion is the dark horse project when in comparison to its much more highly ranked competition. Fusion has the most substantial potential to grow compared to other projects on this list. Its 19% return on staking also makes it a very lucrative coin, considering the returns as the project continues to grow. Further, Fusion has partnered with major global brands to help in achieving their vision. These partnerships, and future ones, will be significant drivers of their growth and value. The effects of Covid-19 will also help drive their growth. Considering all the projects in this list, Fusion may be a dark horse worthy of being in an investor’s portfolio. Many are taking notice of this exciting coin. 2. Tezos ($XTZ) Tezos is arguably the most popular and successful staking option today. The company started its crypto journey with a massive $232 million ICO and went on to build one of the most trusted brands in the community, albeit with some hiccups along the way. The platform is similar to Ethereum; however, they have a better governance structure that has made it popular in the crypto community. Tezos has a strong and supportive community that is the core of their success so far. Its large market cap also gives it a presence against its competitors. Further, Tezos has strategically positioned itself to grow its community. Its staking option is available via Coinbase, which is the exchange of choice for most beginning and professional crypto traders. The platform is in an expansion drive that will help more people access their features. Coinbase now supports its staking rewards is some of the EU countries and the UK. 3. Cosmos ($ATOM) Cosmos has earned its place on this list. The platform is always ranked highly, along with Tezos and Fantom. It also has a high market cap, which makes it a very attractive package. On the staking front, Cosmos highly rewards its community. At 8%, Cosmos are among the highest rewarders. There is potential for the rewards to get even higher with the plans the platform has in place. Coinbase recently enabled stalking for Cosmos (ATOM), which will give it a more extensive, global audience. With its goal of becoming a token swapping hub, Cosmos will remain relevant in the crypto industry well into the future. Already, platform heavyweights such as Binance have Cosmos to create their custom chains. This shows that Cosmos has already built a reputation in the market. 4. Fantom ($FTM) The platform is continuously improving on its services, thus earning a place in this list. It recently upgraded its staking model for its Opera mainnet and announced new features for its decentralized finance (DeFi) platform expected within this quarter. With a large market cap, FTM is among the top staking coins in the industry. It has an ROI of 15% which is very lucrative, considering other available options. The platform still has room to grow which will positively affect its value. Expect to see future partnerships and development announcements from Fantom. 5. Chromia ($CHR) For crypto investors seeking a long-term opportunity, Chromia is among the options to consider. Chromia has a relatively low market cap, thus, the potential to grow tremendously. With the right strategies, Chromia can greatly improve its position in the cryptocurrency industry. The platform recently took advantage of the increasing demand for crypto products by intensively marketing their brand. The announcement of the 22 million CHR burn will see the platform reduce token supply, thus maintaining a reasonable value for the coin. Chromia’s latest action is trading CHR/INR on CoinDCX. The move will diversify CHR trading options, giving it access to a market with a population of over 1 Billion, which is India. Chromia also has a high ROI of 20%, which will be an attractive package, especially in India. 6. ICON ($ICX) Icon is another popular name on this list. It has a large market cap, which puts in the same caliber with likes of Tezos. The platform saw positive responses from its community as the ICX value grew by 70% six months after staking began. Currently, ICON has a 14.10% ROI rate, which is quite impressive in the market. The platform regularly engages with their community, especially on Twitter, to find out their views on various issues. Its listening ear will increase trust and engagement with its community, which may grow as a result of the right policies. Expect future partnerships and recognition of ICON from established institutes. 7. ALGORAND ($ALGO) Coinbase recently unveiled staking services for ALGO. This improved its status in the cryptocurrency staking economy. With its large market cap, it will now attract even more crypto investors through the avenue opened by Coinbase. The platform is also well-placed to increase significantly in value with the right moves in the market. This makes it a lucrative option for the crypto investor. Algorand is also working on meaningful partnerships. The platform recently joined hands with Attestiv, to target fraud in the insurance sector. This will open up more opportunities for the platforms for future collaborations in other sectors. With such moves in place, Algorand will continue to cement ALGO’s place as one of the top staking options. 8. EOS ($EOS) EOS is one of the biggest projects in the crypto industry. Its release marked the beginning of what many termed as ‘blockchain 3.0’. With such status, it is no surprise that the staking option for EOS is listed in all major exchanges. The project is also among the most preferred staking coins, alongside Tezos and Algorand. Lately, EOS has experienced troubling times with occasional delays like the one in February, highlighted by Coinbase. The delays raise questions on whether the platform can deliver as it claims; however, this has not affected its appeal. There is still a lot of engagement surrounding EOS. Their latest development is the support it is receiving from EOS affiliates in Latin America. The aim of the support is to adopt EOS adaptation in the region. This will likely grow its Latin American base. EOS currently offers an ROI of 1.74% 9. TRON ($TRX) Another popular coin in the crypto passive income market is TRX. Tron offers an ROI of about 4%. Tron has shown its resilience in the market, weathering various storms, and proving that it can deliver. The growth of Tron d’Apps and the purchase of BitTorrent is a testament to the dedication that exists within the Tron team. We can expect more from the team. As a result of their strategies, crypto investors in the coin are likely to get higher returns as Tron continues to grow. Its addition to the RightBTC exchange will also help increase its value in the market. Tron is arguably among the best proof-of-stake coins in 2020. 10. DASH ($DASH) DASH recently saw an increase in its mass adoption thanks to the events of the Covid-19 pandemic. The coin was among cryptocurrencies listed as an accepted form of payment by an Austrian drugstore chain. Before this, DASH was already doing reasonably well in the crypto industry. With a yearly interest of 6.5%, the coin is among the favorites for many crypto investors. Conclusion Cryptocurrency is making passive income easier through the staking options offered in most of the exchanges. The staking reward calculation also helps investors understand what they are likely to gain from their staked coins. Recent events have shown the need to have alternative streams of income, even in the blockchain ecosystem. Staking has proved, especially this year, that it is an integral aspect of the blockchain ecosystem. It can effectively fill the void created by public events such as pandemics. With projects such as Tezos and Fusion, these PoS projects mean individuals can start earning crypto passive income effectively and prepare much more effectively for any future worldwide disruptions, should they arise.