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I FOUND THE BEST CRYPTO STAKING PASSIVE INCOME - YouTube
Channel: Max Maher
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This report tells you the best way
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to earn passive income with crypto staking.
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I've been working on this report for a
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few weeks now because there's a problem.
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There are just too many options.
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There are far too many sites and coins to stake,
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and there's no one resource that gives the full picture.
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So I've taken matters into my own hands.
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Let's rank
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because this matters and let me show you why.
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Let's say you wanted to stake Cosmos.
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If you were to stake $1,000 of Cosmos on Coinbase at
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their rate of 5%, this is what your returns would look
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like after five years if there was no price change.
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Total value of $1,276.
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If you were to stake Cosmos
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natively meaning not through an exchange at the current rate
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of 12.49%, your ending balance after five years
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would be $1,801, 190% more gains by doing nothing but
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just staking your crypto somewhere else.
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There's nothing I hate more than a missed opportunity
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and all I want for you is more gain.
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So just watch this video, that's why I made it.
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So Staking.
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Staking is the method in which a proof-of-stake
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cryptocurrency validates transactions on its ledger.
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It's not unlike mining a crypto like
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Bitcoin, except where Bitcoin uses physical constraints
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like electricity or expensive hardware to ensure
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that there's no fraudulent transactions.
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A proof-of-stake crypto uses your assets
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as a kind of show of good faith
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to help keep the system running properly.
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Staking your crypto is about as risk free as
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passive income gets because
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Your biggest risk with staking is your
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own human error, like losing a password.
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- Try password.
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- Nope.
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- Try 000000
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In my opinion, though,
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anyways.
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If this is the case, staking is a no brainer.
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You just simply make more money.
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If you're a short term holder, this is where
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you could run into some more volatility risks with
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staking, and you may want to consider your strategy.
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Now let's talk about some of the top options
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on the web for staking, starting with centralized exchanges.
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If you're a Coinbase user, you can
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actually stake right on the platform.
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However, staking options are a little bit limited.
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Coinbase allows staking for Cosmos, Tezos, Ethereum and Algorand.
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Each earns between 4% and 5% APY, which doesn't sound
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bad until you look at what those coins earn natively.
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Ethereum 2.0 and Tezos aren't bad at all.
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We can see their native staking rewards after
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fees really aren't far from what Coinbase offers.
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Algorand is actually great on Coinbase.
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They offer 4% on Coinbase, which is more than
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you would likely get natively at 2.53%.
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Cosmos on the other hand,
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Coinbase's rates are terrible.
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Natively Cosmos pays 12.5% staking rewards,
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Coinbase is 5% and this isn't just the case
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for Coinbase, you'll notice that staking rewards on major
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platforms are almost random.
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Outside of Coinbase,
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you start to see better yields, though, and
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an interesting example of this is CEX.io
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You have a much wider selection of tokens for staking,
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most notably MetaHash, which can be staked at 14% APY.
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Now, this may be the first time that you've ever
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heard about MetaHash, and this would be because it's quite
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small and you'll notice this trend as well.
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Certain exchanges will offer a few tiny altcoins on
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their platforms for staking that have massive rewards.
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These may be a good deal, but remember
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that you still have volatility risk when staking.
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If MetaHash goes down 14%, you just
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lost one year's worth of rewards.
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So just be careful and don't just hop into
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a project because it has high staking rewards.
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Now, beyond this, Cex.io has some pretty good
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rewards for a few popular projects as well.
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Rewards for Solana and Tezos are competitive
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with native rates, which is really important.
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Polkadot and Polygon aren't terrible either.
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Cosmos and Cardano are two that I
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would personally avoid on this platform.
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Now let's move on to Kraken.
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Kraken is definitely one of the better options for
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staking, especially for Polkadot, Solana and Ethereum 2.0
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where yields aren't too far off from native rates.
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However, Kava clearly stands out here at 20%.
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This appears to be right on
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par with Kava's native staking rates.
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Kraken is also one of the better exchanges
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for Cardano at 4% compared to around 5%
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if you stake natively through somewhere like
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my Cardano stake pool, which I'll have
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linked down in the description below.
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Kraken's rates for Kusama are in okay territory
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compared to native rates, and Cosmos is pretty
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bad compared to what you can get elsewhere.
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All right, now we have Kucoin.
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I'm a fan of Kucoin for a lot of things,
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but not so much when it comes to staking. Sorry Kucoin.
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The rates just aren't good.
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I will say that they do have a cool
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feature called Soft Staking that lowers the requirement to
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lock up your tokens for so long.
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But get up those rates, Kucoin.
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I want to stake here, but the rates aren't good.
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The highest APY staking on Kucoin is
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Hydra at 56%, which is crazy high.
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However, this is another one
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of those small cap cryptos.
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So you have some more volatility risk
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built into investing in that coin.
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Then we have Persistence with a 28% yield.
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But beyond that, rates aren't amazing.
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By the way, if you appreciate my
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research and deep dive here, just please
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consider tapping that subscribe button.
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It would mean a lot to me.
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Now let's look at Binance lock staking, which
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works a little bit differently from Binance DeFi,
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which we'll cover in a minute.
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My data here looks at the percentage
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yield over the last 30 days, so
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the yearly result might be slightly different.
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And that could be the case
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for really any token discussed today.
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They aren't like set firm rates in many cases.
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As you can see, the AXS token for Axie Infinity takes
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the top spot here with staking rewards of over 105%.
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<i>And that's why I'm investing $250</i>
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<i>because what could go wrong?</i>
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<i>I'm only 60 days away from buying my second Lambo.</i>
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Outside of the wild world of DAOs, this is about
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the highest yield you'll see for large cap crypto staking.
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If you hold AXS or play the game, you're
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really losing out by not staking this coin. Beyond Axie,
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we have high APR figures for BinaryX,
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which is another play-to-earn game token.
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This game was developed directly on Binance smart
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chain, so it stands to reason that Binance
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would offer some of the best staking rewards.
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From here, you can see many other tokens on
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Binance as well for huge 20% to 45% APRs
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like Adex, PancakeSwap and many, many more.
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Beyond this, Binance has many more stakable coins, including
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competitive rates for Cardano and Solana, and they might
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have the largest number of options to stake
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in general, it's really not a
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bad choice among the centralized options.
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One more platform that I came across in
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my research, though, is called MyCointainer.
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They appear to be a smaller startup in this space,
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but the usability looks quite good and here are some
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of the top staking rates that they offer.
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Now, so far we've covered some of the
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higher yield staking options through centralized exchanges.
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Now we need to cover DeFi, with DeFi
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you're going to see better rates.
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However, usability is definitely lower.
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You need to be sure to keep your personal wallet safe.
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There is no customer service to call if you run
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into issues, so you have to be a little bit
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more tech savvy, but you make more money.
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So let's cover a few options, starting with Binance, who has launched
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their DeFi staking, which is kind of an attempt to
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bridge between centralized and decentralized staking.
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Here's a snapshot of the top performing tokens on the
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platform, the Kava lend HARD Token and Venus token take the
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top two positions right now at 10% and 7%, respectively,
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while the numbers for Bitcoin, Ethereum and BNB
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don't look much better than what we can get elsewhere.
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Now we can't cover Defi staking without talking
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about PancakeSwap, the most popular decentralized platform
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in the Galaxy, as they call themselves.
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I compiled all of the syrup pools into
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this chart arranged according to yield, and at
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the time that I took this data snapshot,
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the highest APY was for XCarnival, who
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is an aggregator of Metaverse assets
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at just over 80% APY.
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Close runners up for pools are DKT and DAR at 79% APY.
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Both of those tokens are used in play-to-earn games,
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however, they don't seem to have the same kind
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of support that a game like Axie Infinity commands,
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so the risks here cannot be understated.
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They are high risk investments.
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Now you can also go with a more popular option
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and stake PancakeSwap's very own CAKE token in their
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Auto CAKE pool whose APY is currently at 66%.
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This is one of the highest yielding, larger
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cap cryptos that you can possibly stake.
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Now, there are far more exchanges in tokens to
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stake than I could possibly fit in one video.
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If you want to download the PDF of this
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report, it will be available on my Patreon there.
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You'll also get buy alerts, weekly coaching,
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bonus content, and a whole lot more.
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It really is an amazing deal that I'm quite proud of.
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Now, here's a comparison of some of the highest yielding
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cryptos from as high as 120% APY from staking.
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And you might be wondering, how is this even
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possible long term or how is this sustainable?
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And the answer is, it's not.
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Inflation would be way too high long term to keep
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those rates up for multiple years.
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Many altcoins will have temporarily high yields
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in order to attract investors, but this
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doesn't necessarily mean that they're a scam.
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The best way to think about this is
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it's another form of air dropping coins.
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They are rewarding people who hold their
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token through these very high APYs.
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But this also doesn't mean that you should just
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go ahead and ape your life savings into a
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project like this just because the yields are high.
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Another chart that we put together is the
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top 25 cryptos by total dollar amount staked.
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This might be helpful if you're looking for
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additional long term holds to add to your portfolio
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of stakable coins and passive income.
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There's always caveats in crypto, I swear.
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You might look at this list and see something
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like Polkadot with nearly 14% native staking rewards, and you
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might think, well, why don't I just put all of my
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money into DOT and retire on the 14% returns?
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Boom! Done.
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Well, I hate to be the bearer of bad news, but
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So here we can see that even though the yield is
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nearly 14%, we need to account for 8.4% network inflation.
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So this gives us net staking rewards of around
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5.6%, which isn't bad, but that's far from 14%.
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And this is the case for most cryptos.
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Solana and Cardano's net rewards after
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inflation are around 1% annually.
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Ethereum 2.0 isn't quite bad, at
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least currently, at 4.6% net.
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So let's summarize this.
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anyways.
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If that's the case, it's a no-brainer
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to stake and earn more money.
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The best staking platform really depends on
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the crypto that you're looking to stake
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and how internet savvy you are.
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Centralized exchanges like Coinbase or Binance are going to offer
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you the easiest experience to get your coins staked so
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you can just go ahead and forget about them.
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But as we can see, these exchanges pretty much all
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On the other hand, decentralized staking, which is basically going
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right to the source, is going to get you the
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So here's an example, my Cardano stake pool.
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You need to either have a Yoroi or Daedalus
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wallet to hold your Cardano outside of an exchange,
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and then once it's there, you can then delegate
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your ADA right to my pool ticker symbol Max1.
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So it's a bit of work, but it
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gives you about 1-3% more yield than centralized exchanges do.
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I'll have a video in the description of
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this video with more information on it if you're
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interested, but the unfortunate part is literally every crypto
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has its own methods for staking natively in order
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to get the best rewards.
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Really, an all around better solution is needed, which
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I am deeply thinking about just building myself.
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If you'd be interested in that, I'll have an
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email list in the description of this video where
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you can be notified with updates, but until then,
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at this point, you'll have to make the decision
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between user friendly or better returns on your staking.
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But if you use this video as a guide, you should be
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able to find the best option possible out there for you.
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From here, I recommend checking out BlockFi where you
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can make money on many cryptos and stablecoins,
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not by staking, but instead by lending them out.
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They also have a crypto credit card where you
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can use it as a normal credit card,
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except you get paid cashback rewards in Bitcoin.
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It's pretty freakin neat, and I'll have
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them linked in the description below.
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I would like to thank you so much for
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watching and I hope you have a profitable day!
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