Sui Name Service (SuiNS) enables blockchain users to register human-readable web3 names, ensuring secure, seamless transactions and a user-friendly on-chain identity.

Some people have no trouble remembering new cell phone numbers, and there are even a select few among us who wouldn't find it hard to memorize a 16-digit bank card number. However, very few people would choose to tackle the job of reliably recalling an alphanumeric blockchain address. Network addresses on 

 (ETH) are 42 characters long, while on the 

 (SUI) blockchain they span 66. These complex and length addresses are virtually impossible for most users to remember, and are among the least user-friendly features of 

 networks. Not only are long blockchain addresses distinctly user-unfriendly, but they also lead to many instances of wrongly executed transactions due to incorrectly input characters. 

Sui Name Service (NS), a solution on the Sui blockchain, has been specifically designed to tackle this problem. The service allows users to create human-readable and easy-to-remember web3 names linked to their underlying blockchain addresses. Using SuiNS, you can transact within web3 using your preferred username and, optionally, an avatar, rather than a long, complex blockchain address.

 (NS), or simply SuiNS, is a decentralized naming service that allows you to create and use a human-readable, user-friendly web3 handle to interact with the blockchain environment, instead of using a typical long and complicated network address. 

At the underlying level, your SuiNS name is linked to your blockchain address, but all the interaction and operations on the chain happen via your registered name.

SuiNS was first conceptualized and launched in 2022, inspired by the popular 

 (ENS). In many ways, SuiNS and ENS are similar, the obvious difference being that each one applies to its own respective blockchain environment. In May 2023, SuiNS was introduced on the Sui blockchain's newly launched mainnet. The service was developed and is supported by Mysten Labs, the development studio behind the Sui blockchain project. Since the beginning of the Sui blockchain's conceptualization, SuiNS has been among the core projects of the entire Sui ecosystem. As of late November 2024, SuiNS has managed to achieve the remarkable milestone of having registered nearly 330,000 names.

Using SuiNS, you can register your preferred username (as long as it's not been taken) for one year by paying a registration fee, currently charged in SUI coins. The name can be renewed at expiration for up to five years. All interactions with the blockchain environment through your wallet use your preferred username, rather than your blockchain address.

SuiNS names can be between 3 and 63 characters. Users can check the availability of their preferred handle and register it using the 

, where a lookup textbox is prominently displayed. Shorter names cost more than longer handles. As of the time of this writing (Nov 21, 2024), a three-character-long name costs 500 SUI ($1,785) and a four-character name will cost 100 SUI ($357), while names with five or more characters are priced at 20 SUI ($71.40).

A SuiNS name can only be registered for one year, but it can be renewed for up to four years (excluding the initial registration year). There's a 30-day grace period after the expiration of your SuiNS name, during which you may still renew it. If you don't renew during the grace period, your registered name will be up for grabs by anyone on the market. Optionally, you can buy an NFT avatar linked to your SuiNS name.

 (DApp) ecosystem on the Sui blockchain. Developers can use off-chain remote procedure calls (RPCs) to integrate the Sui service into their application environments. They can also take advantage of the native, on-chain SuiNS SDK to interact with the service.

Thanks to SuiNS, you can enjoy short, comprehensible names for your own address, as well as the addresses of the parties with whom you transact (if they also sign up for the service). No more forgettable string combinations that are hard to read and virtually impossible to remember!

However, a SuiNS name isn't just a tool of convenience. It also represents your decentralized identity on-chain. The identity is fully owned by you, the user, rather than by a centralized entity.

SuiNS minimizes the likelihood of lost assets due to sending funds to the wrong address: short, easy-to-remember names are way less prone to incorrectly executed transactions than standard blockchain addresses.

Security is also among the benefits of SuiNS. The service runs on the Sui chain, which prides itself on developing and enforcing high-grade security standards. Among these are 

, a framework that maintains a list of malicious websites and on-chain assets, thus protecting the Sui ecosystem from 

 launched by these known nefarious entities.

The SuiNS service launched its native token, NS, on Nov 14, 2024. Initially, NS is envisioned to support 

 processes on the platform, and will also be used for purchasing and trading SuiNS names. Currently, names are traded using SUI, the blockchain's native cryptocurrency. It's likely that NS will replace SUI in this capacity in the near future. The project team has also hinted that there could be additional uses for the NS token beyond governance and payment for SuiNS names. More announcements on this issue are likely to follow.

During the initial phase of the token's existence, governance will be its most prominent function. Holders of NS will be able to vote on important issues concerning the protocol's rules and future direction. One NS equals one vote, with more NS tokens giving you a greater say in the overall decision-making process. You can also increase your voting power by locking your NS tokens for from one to 12 months. For every additional month locked, you obtain 10% voting power. To encourage voting, 5% of the NS token's supply has been allocated for governance rewards. NS is a 

 token, with a total and maximum supply set at 500 million. The token's supply distribution shares are per the chart below.

NS is available on Bybit's Spot market as a swap pair with USDT (

). You can also take advantage of Bybit's campaign dedicated to the token to grab a share of the 

. Three campaign events for eligible users run through Nov 27, 2024, 8AM UTC:

Thanks to Sui Name Service, interacting on-chain has become easier and more user-friendly. However, easy-to-remember names aren't the only benefit: advantages also include lower likelihood of lost funds, better security and a completely decentralized, user-owned identity on-chain. So far, around 330,000 names have been registered, and with the impressive suite of benefits, expect this number to grow as we move with SuiNS into 2025.

Intermediate

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Sui Name Service (NS): Your On-Chain Identity Made Simple

The cryptocurrency market is witnessing an influx of speculative trading, particularly with meme coins like DOGE, PEPE and BONK experiencing extraordinary gains. 

November 2024 has marked a significant milestone for Bitcoin, with its price soaring to $94,105. This unprecedented growth has been driven by global events and heightened social media discussions, with predictions of six-figure valuations. Historically, peaks in social media chatter often precede market corrections, signaling traders to exercise caution. Currently, while whale accumulation remains strong — with wallets holding over 10 Bitcoin adding 53,006 more BTC in just one month — retail traders remain surprisingly cautious. This wary sentiment contrasts sharply with the bullish behavior usually seen during price surges, suggesting a potential correction.

The cryptocurrency market is witnessing an influx of speculative trading, particularly with meme coins like DOGE, PEPE and BONK experiencing extraordinary gains. Despite their volatility, these tokens reflect a broader appetite for high-risk investments. Notably, whale investors holding 1M–100M DOGE are accumulating, while smaller holders are selling, creating conditions for potential breakouts. However, if new capital stops flowing, these speculative assets could face significant downturns. Additionally, while discussions around Bitcoin reaching $100K are increasing, they haven’t reached the levels seen earlier this year, indicating that fear of missing out (FOMO) may not yet be fully realized.

Institutional Interest and Ethereum's Resurgence

Demand for Bitcoin ETFs has surged, with daily trading volumes hitting a record $8.21 billion, signaling increased institutional interest. This activity often coincides with market peaks, but could also indicate new investments flowing into the crypto space. Meanwhile, Ethereum has also gained momentum, breaking above $3,100 for the first time in over 14 weeks. Additionally, whale accumulation is on the rise, suggesting that as Bitcoin leads the market, profits may soon be redirected into Ethereum. In contrast, Solana's price movements remain highly sentiment-driven, with funding rates indicating potential entry points for investors. Overall, altcoins are experiencing growth, particularly following the U.S. elections, which have reignited optimism in the crypto market.

Advanced

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Bitcoin's Resurgence: Analyzing Market Dynamics and Speculative Trends in November 2024

Crypto market makers play a crucial role in providing liquidity by consistently placing buy and sell orders. Learn more about how they work here.

The cryptocurrency market is notorious for its high volatility and sometimes low liquidity, making it a challenging environment for traders and investors. Executing trades can be difficult, often resulting in significant price 

Market making is a strategic approach that provides the necessary liquidity to stabilize markets, ensuring smoother trades and reducing volatility. By creating buy and sell orders around the current market price, market makers help maintain a healthy trading ecosystem. This article examines the fundamentals of market making, its benefits for traders and exchanges and the way it enhances the overall efficiency of the cryptocurrency market.

A crypto market maker is an entity or individual who primarily provides liquidity in cryptocurrency markets by continuously placing buy and sell orders for digital assets. This activity ensures efficient trading and helps maintain stable prices.

Crypto market makers play a key role in keeping markets liquid by continuously placing buy and sell orders on exchanges. Here's a closer look at how they operate.

Key Characteristics of a Crypto Market Maker

Crypto market makers provide liquidity and stabilize prices in the cryptocurrency market. The following are the key traits that enable them to operate effectively.

Market makers continually place buy and sell orders, ensuring the availability of transactions for traders. This constant availability reduces wait times for trades and minimizes the price impact of large orders, making the market more efficient and accessible for everyone.

One of the fundamental roles of market makers is that of managing the bid-ask spread. By consistently quoting competitive prices, they narrow this spread, thereby enhancing trading efficiency and reducing costs for other market participants. This spread is also their primary source of profit.

Market makers leverage advanced algorithms and HFT strategies to analyze market conditions and optimize their order placements. This technology allows them to react swiftly to price changes and maintain a balanced inventory of assets, which helps to manage risk and maximize profitability.

Due to the inherent volatility of cryptocurrency markets, effective risk management is vital for market makers. They employ various techniques, such as hedging and real-time market analysis, to minimize exposure to sudden price swings. This ensures their operations remain stable even in the face of market fluctuations.

By providing continuous liquidity and facilitating smooth trading operations, market makers enhance overall market efficiency. Their presence attracts more traders, which increases transaction volumes, boosts exchange activity and contributes to a healthier trading environment.

Given the quickly evolving nature of the cryptocurrency landscape, market makers must be adaptable, continually refining their strategies in response to new technologies, regulatory changes and shifts in market dynamics. This ensures they remain competitive and relevant.

Crypto market makers play a critical role in the cryptocurrency ecosystem by providing liquidity and stabilizing prices. Despite the integral role they play, however, their operations come with both advantages and disadvantages. 

Additional Importance of a Crypto Market Maker

Crypto market makers play a vital role in maintaining the efficiency and stability of the cryptocurrency market. Their presence on crypto exchanges ensures trading environments operate smoothly. 

Newer and smaller cryptocurrencies often struggle with liquidity. Market makers provide a market for these assets, promoting their growth and creating a more diverse and dynamic crypto ecosystem.

Through continual quoting of prices, market makers aid in fair price discovery, ensuring that cryptocurrency prices reflect actual market demand rather than extreme fluctuations. This promotes a more trustworthy and transparent trading environment that allows traders to make data-backed decisions. 

Crypto market makers are essential players in the cryptocurrency ecosystem, providing liquidity, stabilizing prices and ensuring smooth trade execution. Their use of advanced algorithms and real-time order placements encourages a more efficient, accessible and fair market. However, risks such as market manipulation, potential capital loss and lack of regulation can be problematic. Overall, the role of market makers in supporting emerging assets and maintaining market stability makes them indispensable for a healthy and growing crypto environment.

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Crypto Market Maker: Boosting Trades With Strategic Liquidity

SEC Chair Gary Gensler announced he will resign on January 20, 2025, coinciding with President-elect Donald Trump's inauguration.

The S&P 500 rose 0.53% as investors shifted toward cyclical stocks expected to benefit from a strengthening economy, while technology shares lagged. Coindesk Indices, an index measuring broader cryptocurrency market performance was up by 4.79%, with Bitcoin and Ether rising by  4.19% and 8.75%, respectively in the past 24 hours.

Today's top performer is XRP, which surged 24.3% following the partnership between Ripple and MCSocialVenture to boost financial resilience and access in emerging markets.

Ripple (XRP), launched in August 2012, is a blockchain technology company focused on improving international payments with its cryptocurrency, XRP. 

, focused on investing in emerging market entrepreneurs. The initiative will pilot financial resilience and humanitarian solutions built on the XRPL, aiming to advance equitable access to finance.

Check Out the Latest Prices, Charts, and Data of 

 he will resign on January 20, 2025, coinciding with President-elect Donald Trump's inauguration. Gensler, whose term runs until 2026, faced pressure from the crypto lobby due to the SEC’s strict regulatory actions against the industry, including high-profile cases against Coinbase and Binance. Gensler’s departure is seen as a victory for crypto advocates, who hope the next SEC chair will be more crypto-friendly. Trump has hinted at firing Gensler on his first day in office and is expected to appoint a chair with expertise in crypto, such as Mark Uyeda, Hester Peirce, or Chris Giancarlo.

Yesterday, BTC Spot ETF data revealed a net inflow of $396.7 million, driven by $404.5 million from non-GBTC sources, partially offset by a $7.8 million outflow from GBTC..

 for those who participated. To claim, visit 

 using code B0FKOP. Additionally, Morph Zoo Season 2 has launched on mainnet, allowing users to earn points by bridging ETH or executing transactions on Morph. The Bitget Wallet offers a 1.2x multiplier on points to maximize rewards.

Beginner

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SEC Chair Gary Gensler to Resign on Inauguration Day, Marking a Win for Crypto Lobby

Bybit Learn

Crypto

Staking

Want the best returns when staking your coins and tokens? Give these best staking coins a shot to maximize your rate of passive income.

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Interested in investing in cryptocurrencies? There are a myriad of factors to take into account. When you invest in coins based on a 

 blockchain network you can engage in staking, which helps PoS networks operate more securely and efficiently. The only requirement for staking is that you keep coins in your cryptocurrency wallet over an extended period of time, which allows you to earn staking rewards. Staked coins are similar to interest-bearing savings accounts, since with both options you earn interest on your initial investment. Keen on giving this 

 a go? Read on as we cover some of the best staking coins you can invest in if you want to earn passive income while taking advantage of high yield.

 is a process that involves placing funds into a digital wallet and keeping them there to support validating transactions for PoS blockchains. By participating in transaction validation, participants earn extra cryptocurrency.

The main benefits associated with staking crypto include the following:

There are some notable differences between mining and staking. In general, while mining only occurs with 

 systems, you’re able to get a return on both PoW and PoS coins on staking platforms.

 are able to confirm blockchain transactions without needing a third party, such as a bank or other financial institution. The main difference between the two mechanisms is in their energy consumption. If you’d like to get started with the staking process, you first need to obtain PoS coins. Once you’ve selected the coins you want to use, you’ll decide how much of your top staking coins you’d like to stake. This process can be done on any major cryptocurrency exchange.

Keep in mind that it’s also possible to earn additional income through

. Although somewhat more complicated than staking, yield farming involves earning coins by lending your current crypto assets to various 

 (DeFi) platforms. With yield farming, you can contribute crypto assets for anywhere from a couple of days to several months. Higher lending amounts invariably lead to higher rewards.

Despite the benefits of crypto staking for earning passive income, there are several risks to be aware of. The primary ones are as follows:

The following is a comprehensive look at 20 of the best staking coins you can purchase in order to start obtaining staking rewards. The tokens’ symbols are listed after each crypto platform.

If you’re looking for the highest APY crypto staking token that won’t depreciate in value, 

 (USDT) is a good choice. As the world’s leading 

 of $114.34 billion (as of Jul 23, 2024). Since 2014, USDT has provided crypto users with a cushion against the volatility of cryptocurrency markets.

Instead of holding fiat currency in traditional financial systems (such as banks), you can stake USDT, which will provide you with an attractive passive income and help you hedge against inflation, especially during these uncertain economic times. 

USDT reserves are backed 100% by the U,S, dollar (Tether’s platform provides a transparency page where you can verify this). Better yet, USDT has a huge trading volume and deep liquidity, allowing you to easily swap your tokens for digital assets. 

Ready to hold crypto without the risk of losing value due to volatility? Then try Bybit Savings, where you’ll earn an APR of 9.27% from staking USDT for a flexible period. Staking for a flexible time means that you can unstake your tokens at any time, as the yields are paid out daily. Bybit is also holding an 

, during which staking USDT earns you 300% interest for both fixed and flexible terms — making it the highest-APY crypto staking offer around.

Popularly known as “digital silver,” Ethereum is ranked second among cryptocurrencies after Bitcoin. The blockchain has been improving its network through various 

Ethereum’s ecosystem remains one of the busiest in the crypto space, as people leverage its security and 

. A considerable number of well-performing 

 (OP), have also helped scale Ethereum by providing low-cost, high-speed transactions.

ETH is one of the best crypto staking coins, with numerous ways to earn passive income from it. You can stake it with Bybit Savings 

 has become popular. It allows you to access your staked ETH in the form of 

 (LSD) tokens and use them for DeFi activities, such as lending and providing liquidity. 

You can stake your ETH with Bybit to receive stETH, or on the 

 liquid staking platform to enjoy 2.89% interest while earning passive income from 

 and receive mETH with an APR of 1.1%. Bybit provides multiple ways to 

. It was created by fintech giant Circle, and has strong partnerships through the Circle Alliance Group, which includes notable names such as Visa, Mastercard and BlackRock. Over the years, USDC has risen to become an in-demand crypto, especially for those looking for a stablecoin to stake.

USDC is designed to facilitate fast and cheap cross-border payments, and to provide crypto users with a transparent and safe cryptocurrency for transactions. Circle has increasingly expanded its reach across the globe, driving USDC up the crypto rankings to become the second-most popular stablecoin after USDT.

ing USDC, lock it with Bybit Savings for flexible staking. You’ll enjoy an APR of 7.32%, and can withdraw your assets instantly and convert them into your preferred currency without much hassle. The process is fast, straightforward and transparent.

The Open Network (TON) was founded by Telegram in 2018 to provide scalable and affordable cross-chain interoperability. 

 (TON), the native token powering the project, has been pumping hard in 2024, shattering its all-time high with a price of $8.01 on Jun 14, 2024. 

TON's surge was fueled by Telegram's announcement in April 2024, stating that channel owners could now pay for in-platform ads for their channels using the token. TON has also been attracting major partners, such as Pantera Capital.

Ready to earn passive income from one of the best crypto staking coins? Stake TON with Bybit Savings to earn an interest of 8.36% for a flexible term. 

You can also stake your TON tokens to become a validator and secure the TON blockchain, where you'll earn an APR of 2.99%. With the popularity of Telegram-related projects, such as 

, the TON blockchain is thriving. Hence, HODLing and staking TON can be a smart investment decision.

Bitcoin remains the top crypto in terms of market capitalization. So far, 2024 has been a good year for BTC, which hit a new all-time high of $73,737 on Mar 14, 2024, following the 

 event that was completed in April has made it harder to mine BTC, reducing the amount of coins in the circulating supply. Based on these factors, it’s ideal to hold and stake Bitcoin, since its value will continue to soar over time. 

Having been around since 2011, and with various developments on the network designed to increase its value, Bitcoin remains one of the best crypto staking coins around. With Bybit Savings, you can enjoy a yield of 2.5% when staking Bitcoin for a flexible period. 

, a modular L2 Ethereum scaling solution that combines data availability, superior performance and security by using 

-compatible, allowing developers to leverage smart contracts and other tools to easily build DApps. Compared to other 

, Mantle has an extensive network of partners tied together by the MNT token, making its blockchain a rapidly growing haven for app developers.

MNT is also one of the best crypto staking coins on Bybit, with a rate of 20.35% for its flexible plan.

 blockchain has been making a comeback in 2024 following a catastrophic phase during the bear market, especially with the collapse of FTX. There’s been growing demand for SOL, especially around 

, which have been performing remarkably well in 2024.

We've seen increased liquidity on Solana, and the SOL token has returned to the top five in crypto rankings. The heightened activity on Solana — which could continue during a full-blown bull market — suggests that investing in SOL could be a good move.

Since you hold your SOL tokens, you can stake them flexibly with Bybit Savings to earn an APR of 1.2%. In addition, you can help secure the Solana network by staking your SOL tokens on its PoS platform at a yield of 6.97%.

USDe, a creation of Ethena Labs, provides an efficient and scalable stablecoin (

) that enables crypto users to explore and invest in the crypto space without worrying about volatility. Besides trading USDe as a Spot pair, 

 also allows you to use it as collateral to trade perpetual contracts. 

You can also earn passive income by staking USDe on Bybit Savings to earn a high interest of 30% for either a flexible or fixed term — a rate that makes USDe one of the highest APY crypto staking tokens currently available on the platform.

 stablecoin was created by MakerDAO to provide crypto users with volatility-free financial freedom. An 

, it's powered by smart contracts, and can easily be integrated into DApps. 

With Dai integrated into over 400 apps and services, its utility has grown over time, making it a worthy contender in the stablecoin niche. As such, DAI is among the best coins for staking, since it can easily be converted into other assets. Its popularity is also due to increased demand for a decentralized stablecoin. To earn passive income, you can flexibly lock your DAI tokens on Bybit Savings at an interest rate of 6.24%.

The explosion of artificial intelligence (AI) technology has led to many crypto projects merging AI with blockchain technology, pushing the limits of technology even further. 

 (APTR) is one of the leading DeFi projects to create an innovative intention-based protocol powered by a chatbox, allowing users to achieve their goals easily by using natural language prompts. The requests are then efficiently processed by a decentralized network of solvers, with the solver integrity maintained via 

 for the right to governance and voting, as well as to earn staking rewards. APTR staking is split into three different durations: Staking APTR for 30 days yields an APR of 10% APTR and 23% USDC; a 60-day period gives you 15% APTR and 35% USDC; and staking for 90 days earns you 20% APTR and 47% USDC. APTR is currently among the best cryptocurrencies to stake on Bybit Savings, where you can earn an attractive rate of 50% for a fixed period. 

Referred to as the “internet of blockchains,” 

 is a Layer 0 blockchain that enables the c

reation of customizable application-specific chains through Cosmos SDK. These independent blockchains can then 

communicate effectively with each other via Cosmos’s 

Inter-Blockchain Communication (IBC) Protocol. 

Its native ATOM token powers Cosmos’s PoS consensus system by incentivizing holders to stake their ATOM tokens to a validator that helps secure the network. 

By staking your ATOM tokens on Cosmos, you’ll receive rewards at a rate of 17.18%, making ATOM one of the highest APY crypto staking coins. You can also lock your ATOM tokens flexibly on Bybit Savings, where you’ll receive passive returns at a rate of 1%.

 (VPR) launched in 2023 and went on to become one of the biggest 

s on Bybit, with over 40,000 investors participating. Its gas-free 

 is supported by Visa and lets you enjoy a seamless experience when transacting your digital assets, without the complexities of 

VPR is used to incentivize users to buy mutual funds on VaporWallet. You can also stake VPR and other cryptocurrencies in the wallet to earn rewards.

Furthermore, VPR is among the highest APY crypto staking coins on Bybit, with a yield of 60% on your staked assets. Combined with the versatility and convenience of VaporWallet, this high APY makes VPR one of the best staking coins to hold for passive income.

 ecosystem, is one of the best staking coins to hold, due to its utility in facilitating the 

 and security of the Polkadot blockchain. Created by Ethereum's co-founder, Gavin Wood, Polkadot has remained a popular multichain network, designed to enhance interoperability and communication across different chains.

DOT is used for bonding, staking and governance on Polkadot. 

There are two ways to stake on Polkadot: by holding 

 to become an active nominator (the minimum amount changes every 24 hours), or by staking a minimum of 1 DOT in the nomination pools. Rewards are paid out every 24 hours at a current rate of 11.4%, making it one of the highest 

 crypto staking tokens in the DeFi space. 

Alternatively, you can choose a simple staking solution on Bybit Savings with an APR of 1% on your staked DOT assets.

LFT makes our list of the best staking coins since it's the native token for 

, a platform that lets you create a realistically human-like avatar to use as your digital identity across the web3 space. You can stake your LFT tokens on Lifeform to earn rewards from minting 

. LFT is among the highest APY crypto staking tokens available on Bybit, with an interest of 40% on Bybit Savings.

 blockchain, a smart contract platform designed to help developers create fast, efficiently and cheaply. Individuals and enterprises can access affordable, low-code tooling on Avalanche to launch their apps. AVAX is used to pay gas fees on the Avalanche blockchain and secure the network through validators.

You can stake your AVAX tokens to become a validator, and earn staking rewards at an annual rate of 7.97% — which makes AVAX one of the highest APY crypto staking tokens in the DeFi space. You can also stake your AVAX on Bybit Savings, where you’ll earn a return of 1% and can conveniently withdraw your assets at any time.

Spectral is another crypto project that has incorporated AI into its blockchain technology. It offers two core products — a decentralized oracle, Spectral Nova, comprising a network of AI and ML models that provide verifiable inferences and insights to blockchain smart contracts and apps, and Spectral Syntax, a generative AI tool to help you build your own on-chain AI Agents through easy smart-contract programming code via textual prompts.

Its governance token, SPEC, also offers incentives to holders who stake the token on its two platforms. On Spectral Nova, validators have to stake SPEC as collateral, which incentivizes them to act with integrity, and on Spectral Syntax, users can stake SPEC for elevated agent creation and monetization rights. SPEC is also one of the highest APY crypto staking tokens on Bybit Savings, with a rate of 30% for both flexible and fixed periods.

 provides users with faster transactions by using the Ouroboros PoS consensus mechanism. ADA is the native token powering Cardano that facilitates payments within its ecosystem. Staking pools help run the Ouroboros PoS protocol 24/7. ADA holders can delegate tokens into staking pools to enjoy staking rewards at a rate of 2.86% while being able to spend their delegated ADA at any time.

You can stake your ADA tokens on Cardano using the blockchain’s official wallet, 

, a secure desktop wallet that allows you to set up a bundled Cardano node with a single click. However, its complexity of use has led users to seek alternatives, such as Yoroi and AdaLite. If you wish to reap simple yields without the challenges of staking on a PoS platform, you can flexibly stake ADA Bybit Savings at a rate of 1%.

 is one of the best crypto staking coins, due to its pivotal role in the cryptocurrency space, especially as it powers Binance, one of the world’s largest cryptocurrency exchanges. The coin’s versatility and critical role in BNB Smart Chain (BSC), coupled with solid tokenomics, make it one of the best cryptocurrencies to stake. BNB is used to pay fees on the Binance exchange and BSC, to pay merchants, and for staking to receive passive rewards.

Since BNB's use cases are rapidly continuing to expand, you can stake your BNB with Bybit Savings for a flexible period to earn rewards at a rateof 1%. You can also become a validator and contribute to the security of BSC by staking your BNB to receive daily staking rewards. Otherwise, you can contribute as a delegator by staking your BNB to validators via supported wallets, such as BNB Chain Wallet, 

BNB is one of the top staking coins you can hold, since it can also be liquid staked on various platforms. You can then receive LSD tokens to use for other DeFi activities while your BNB yield continues to generate. For instance, by liquid staking BNB with 

, you'll earn your reward at a rate of 1.08%.

 offers 2.24% APR for its liquid staking service. 

, a Layer 1 modular blockchain platform built to provide security, bridging and liquidity to RollApps, which are Layer 2 application-specific rollups created for a single DApp use. Similar to Layer 1 blockchains built with Cosmos SDK, each RollApp is equipped with on-chain governance, the ability to mint native tokens and 

IBC bridging to over 100 external chains in the IBC ecosystem, including major chains like Tether, USDC and Ethereum. 

RollApp Sequencers need to stake DYM tokens to process blockchain transactions. DYM token holders can also act as delegators and stake their tokens to Governors, who participate in the on-chain governance of a RollApp to receive a portion of the rewards. A more straightforward way to earn from staking is through Bybit Savings, where you can earn 3.8% 

 blockchain game based in the 13th century in which you build an empire and an army with the aim of becoming the most powerful empire in this medieval land. 

MEE is among the top staking coins you can hold, since it unlocks benefits such as VIP status in the game, land access and other rewards. You can also stake MEE on Bybit Savings for a fixed period of 30 days, during which you’ll earn staking rewards at an APR of 8%.

Staking your coins, either on a PoS blockchain network or on Bybit Savings, offers you a great way to earn passive income and generate high returns. These investments come with very little risk and pay handsome rewards in earned interest. With this guide in hand, you should have everything you need to begin the staking process.

 All trading carries risk. Only risk capital you can afford to lose.

20 Best High APY Crypto Staking Coins for Maximum Passive Income (2024)

Grab Up to 5,000 USDT in Rewards

Grab Up to 5,000 USDT in Rewards