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5 Best Crypto Staking Platforms to Try While the Bitcoin Price Hovers Around $27k

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As Bitcoin’s price continues to remain around the $27,000 mark, many investors are exploring alternative ways to generate returns.

Staking has gained popularity as a strategy, offering a way to earn passive income by locking up crypto tokens in a supported platform.

In this article, we’ll explore the five best staking platforms investors may wish to try out while Bitcoin’s price remains trapped in its current range.

1. Bitcoin Minetrix (BTCMTX)

One innovative project that’s generating buzz in the crypto community at present is Bitcoin Minetrix (BTCMTX).

This platform looks to revolutionize how people earn Bitcoin, using a first-of-its-kind “Stake-to-Earn” mechanism.

Unlike conventional staking, where returns are provided in the staked token, Bitcoin Minetrix allows users to stake BTCMTX tokens in exchange for cloud mining credits.

These credits can then be burned to mine BTC passively – removing the need for expensive mining hardware.

As outlined in its whitepaper, Bitcoin Minetrix will have a capped supply of 4 million tokens, with 70% earmarked for presale buyers.

Users can buy BTCMTX through this presale for $0.011 – a strategy that has helped raise almost $200,000 in its first week since launching.

This early funding success has led to interest from crypto influencers, with YouTuber Michael Wrubel expressing his optimism about BTCMTX’s future.

Following the presale’s conclusion, BTCMTX is expected to debut on various leading exchanges, allowing traders to buy and sell the token easily.

In a market where Bitcoin’s price is still hovering around $27,000, Bitcoin Minetrix presents a compelling option for those seeking an alternative crypto-earning mechanism.

Visit Bitcoin Minetrix Presale

2. Bitcoin BSC (BTCBSC)

Another new staking platform gaining market traction is Bitcoin BSC (BTCBSC), a project built on the Binance Smart Chain.

Unlike traditional Bitcoin, BTCBSC is a green BEP-20 token priced at $0.99 during its presale phase – mirroring BTC’s value back in 2011.

Designed to provide daily rewards, Bitcoin BSC aims to capitalize on Bitcoin’s brand recognition while also offering the benefits of being hosted on the Binance Smart Chain, which include lower transaction fees and quicker confirmation times.

According to Bitcoin BSC’s staking dashboard, token holders can earn yields of 79% per year, with over 3.3 million BTCBSC tokens staked already.

Underpinning the Bitcoin BSC platform is a comprehensive audit from Coinsult, a leading blockchain security firm, which found no issues with the smart contract’s code.

These factors contributed to the buzz that surrounded Bitcoin BSC’s presale, leading it to reach its $6 million funding cap on September 27.

According to a tweet from the official Bitcoin BSC account, BTCBSC tokens will be launched on PancakeSwap on October 4 at 9 a.m. UTC, marking the first time traders can access them on the open market.

With its market debut looming, Bitcoin BSC offers an exciting alternative for those looking to diversify their portfolios while Bitcoin ranges.

Visit Bitcoin BSC Website

3. NEAR Protocol (NEAR)

NEAR Protocol (NEAR) is another compelling option for those interested in crypto staking.

With a unique consensus mechanism called Doomslug, NEAR ensures near-instant transaction finality and can handle up to 100,000 transactions per second (TPS).

However, what sets NEAR Protocol apart is its $800 million ecosystem fund to accelerate growth – particularly in emerging sectors like decentralized finance (DeFi).

According to data from Coinbase, the estimated staking reward for NEAR is 7.15% APY, with almost 500 million tokens staked.

Although this might be lower than other staking protocols, NEAR’s yield is competitive and backed by a growing ecosystem.

With the NEAR token’s value up 6% in the past 24 hours, NEAR Protocol offers a stable and promising environment for stakers looking for long-term growth.

4. Ankr (ANKR)

Ankr (ANKR) offers a scalable, decentralized staking infrastructure, aiming to address the inefficiencies in Proof-of-Stake (PoS) networks.

Unlike centralized solutions, Ankr uses a global network of nodes, allowing seamless communication between decentralized applications (dApps) and different blockchains.

This setup is bolstered by robust security, employing reputation-based systems and advanced safety protocols.

The ANKR token is fundamental to the Ankr protocol, used for transactions, payments, and governance.

With a current APY of around 4% for staking ANKR tokens, the platform offers a competitive yield for crypto investors.

Additionally, Ankr’s liquid staking feature allows for greater flexibility, letting users maintain their liquidity while earning rewards.

Given these features, Ankr is an excellent addition to our list of the best crypto-staking platforms to try.

5. Flow (FLOW)

Lastly, Flow (FLOW) is another appealing option in the crypto-staking world, especially given its estimated reward rate of 8.99%.

This decentralized staking protocol offers various avenues for participation through crypto wallets and platforms like Flow Port.

Importantly, staking FLOW tokens also helps protect the network against attacks, providing another incentive for crypto enthusiasts to get involved.

Unstaking FLOW is straightforward, though rewards can only be accessed at the end of each epoch, which lasts one week.

For those looking to optimize their crypto asset performance while Bitcoin continues to struggle, Flow offers a user-friendly experience with an impressive reward setup.

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