Bitcoin
$ 57,883
Ethereum
$ 2,074.0
Binance Coin
$ 426.94

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Best New Staking Coins 2020

Here’s our list of new best staking coin:

 1) Harmony (ONE)

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Harmony is one of the production mainnets to incorporate a PoS architecture that is wholly sharded. Round the four shards in Harmony mainnet, the blocks are made every 8 seconds, and transactions are settled in 2 block times.

Harmony’s Effective Proof-of-Stake (EPoS) is your first staking mechanism at a sharded blockchain that accomplishes both security and decentralization. EPoS allows staking from many validators, and the unique, effective stake mechanism reduces the inclination of stake centralization. Meanwhile, reward compounding bet delegation slashing, and unavailability checking are also supported.

 Binance Giving Upto 16%

 Bitmax Giving Uptot 36%

2) Synthetix Network Token

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Staking up to 87%

In Brief:

  • Synthetix is a token trading platform developed on Ethereum.
  • It allows the production of real-world resources, such as commodities and stocks, to be purchased and traded with crypto.
  • Synthetix started as a stablecoin, before pivoting to DeFi.

Synthetix, previously Havven, is a system that enables the creation of synthetic assets. The Synthetix platform enables the creation of on-chain synthetic assets (Synths) that trace the value of resources in the actual world. A few examples of assets that the system supports are synthetic fiat currencies such as sUSD, sAUD, sKRW, etc., synthetic commodities like gold (sXAU), as well as other complex resources such as equity indices.

3) Idex

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IDEX is a set of dApps that forms a decentralized, independent banking and finance platform.

Aurora’s flagship product is the Idex Market, which is a decentralized exchange, based on Ethereum.

Aurora’s native network token is AURA, a staking token that aligns incentives among users and operators.

IDEX crypto exchange, as explained above, is a decentralized exchange, that enables users to stake by which means users can acquire tokens and utilize them to run staking nodes to promote decentralization of the network architecture. That can be further helpful in compensating ETH as cryptocurrency staking rewards. You might be aware that it uses Aurora software. The earnings are gained from the percentage of fees from the exchange. 

The users of IDEX can earn more tokens or digital currencies/cryptocurrencies by trading, and then staking earned tokens to earn more of these.

Opting for the ‘trading rewards multiplier’ draws the user 2x IDEX trading rewards, including those users/customers who are staking crypto via the exchange. Those carrying IDXM tokens, the crypto exchange platform exchange, can gain up to 4x IDEX trading bonuses while those who do not opt into the plans will still earn 2x IDEX trading rewards.

4) ChainX

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ChainX modifies inter-chain assets in a consolidated way, and any chain can set asset interoperability with all chains as long as it builds a connection with ChainX. 

ChainX values user’s mining power based on the market value of BTC, DOT, ETH, ERC20, EOS, and other assets that users cross-chain deposit in.

Simple For Everyone

Even if you’re new to staking, ChainX offers a simple and easy payment transaction, trade finances, and over the counter (OTC).

Free 

Frictionless Connectivity Supported by Smart IoT Oracles leveraging a present open industry standard (API) oriented design.

Unique Staking Experience

They are presenting assurance, risk mitigation, safety, and fast processing at a low cost.

Well-liked and User-Approved

24/7, 365 days, Clarity, and high security through the immutability of records. The users associated with ChainX have also rated it as one of the best proof of staking coins. 

Tested

Operating in a secure distributed Blockchain cloud architecture, encrypted and verifiable tracked proof of authenticity.

5) Bitmax

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Bitmax Token upto 39%

BitMax is a digital asset exchange/crypto market that serves the crypto space via no less than 62 active markets. A BitMax exchange review also shows that they offer access to cryptocurrency pairs. 

A blockchain-driven user-based value exchange system that enables improved efficacy, in regards to the organizational alliance, seems to be at the core of the vision of BitMax.

The website of the exchange that is cryptocurrency is offered in more than one language, such as English. A BitMax exchange review shows that beyond place trading, they began to provide margin trading. The latter is a tool of derivatives that could be used to increase profits. They also seem to offer OTC trading and transaction fee mining, which is based on the contentious”Transaction Mining” version.

It appears to be the component of exchange at this asset trading platform. BTMX Assets can be gotten via transaction commission mining (as stated above) or through direct trading at BitMax via two currency pairs, namely BTMX/USDT and BTMX/BTC.

BitMax also offers a financial product that’s based on cryptocurrencies BitTreasure, or digital assets called. Essentially, it is a kind of digital asset lending that offers steady returns utilizing an assortment of token investment alternatives, including over one investment term (30 days, 60 days, 180 days).

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