Making money with cryptocurrencies can be done through many different methods. Some users like to invest, whereas others trade, speculate, stake, or mine. Even the lending services are gaining popularity, which shows the ecosystem is still growing and expanding. For those looking to stake coins with high annual yields, the following options are worth checking out at one’s own risk. All of these statistics are subject to change based on when one reads this article. Information is provided by StakingRewards.
By far the one altcoin which has the highest annual staking yield is Horizen. It is a masternode currency which has attracted a lot of attention in the past few months, which would explain why it is still priced at nearly $11 under the current circumstances. It is rather common for masternode coins to effectively offer staking as well, although a 30% yield is rather high. Given how still 14.4 million ZEN have yet to be brought into circulation, it is safe to say the staking rewards will play a big role in the process. The project currently has a $70.47m market cap, although that number will undoubtedly fluctuate a fair bit.