Are These 2 Overlooked Cryptos Passive Income Superstars?
If you are looking for new passive income streams, crypto staking is a new opportunity that is rapidly growing in popularity. Crypto staking -- which is simply a way of locking up your crypto in exchange for financial rewards -- is a surprisingly easy process. It's now possible to find top cryptos yielding anywhere from 4% to 12% per year, and it's all completely passive.
With that in mind, two cryptos particularly stand out. One is Avalanche (CRYPTO: AVAX), which is currently yielding 7.56% on Coinbase Global. The other is Polkadot (CRYPTO: DOT), which is yielding an even more attractive 9.77%. By way of comparison, Ethereum is yielding just 6%. Other popular cryptos like Solana and Cardano are only yielding 2% to 2.4%. On a relative basis, then, Avalanche and Polkadot appear to be passive income superstars.
Ethereum can function as a very useful market benchmark when it comes to staking. That's because Ethereum is the most staked crypto in the world. Since Ethereum is so popular, it means that nearly every major staking platform or cryptocurrency exchange is going to offer Ethereum as a staking option, so it's very easy to make head-to-head comparisons.
Source Fool.com
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