Did you know that profits from crypto investments are gained not only through trading and mining? In addition to playing crypto games that are proven to pay You can also earn additional income by locking some of your crypto assets into a system called Staking.
Crypto staking is the process of locking some of your crypto assets into the system to earn additional profits in the form of interest or APY. The concept of crypto staking is actually similar to depositing money. The difference is that the institution that organizes this program is not a bank, but crypto exchange application And the funds are not used for investing in the real market. But it is used to verify every transaction on the blockchain.
Cryptocurrency betting is an ideal way to make money from cryptocurrencies for beginners. Because in general This program can be achieved using a limited number of locked assets. And users don't need to worry about analyzing crypto trading to make a profit.
However, since cryptocurrencies are a high-risk investment tool, Therefore, you should not be careless when choosing a platform for betting. Here are the best crypto betting applications according to Investbro.id in 2024:
Best Crypto Staking Apps (2024)
1. Knowledge
The first crypto betting platform to recommend is Triv. Founded in 2014 by PT Tiga Inti Utama, Triv is a crypto investment platform that has been legally registered with BAPPEBTI in 2020. Currently, apart from crypto trading in general, Triv also There is also a betting feature.
Compared to other platforms, Triv offers a wide range of coins for staking, including 25 coins ranging from ETH, BNB to altcoins such as DAI and Polkadot. Each coin offers Annual rate of return (APY) varies. For example, ETH offers 4.6% annual APY.
Another advantage of betting crypto at Triv is the low minimum deposit and insurance. To bet on this platform You only need an initial deposit of IDR 100,000 and the platform is insured by Bitgo and Lloyd England custodians up to $100 million.
2. Door
Surely you are already familiar with this crypto investment application. With over 1 million downloads on the Google Play Store, Pintu is one of the most widely used crypto trading applications in Indonesia. This is not surprising at all. Because apart from being an easy-to-use app, Pintu also has a staking feature.
Pintu's crypto staking feature offers 12 crypto assets, from ETH to TIA. The minimum deposit and profit offered on each of these assets varies from 0.5% to 12.5%. per year, depending on the type of asset and the length of the bet life you choose.
Pintu crypto staking program offers 3 types of tenors: flexi, 30 day lock (Lock 30) and 90 day lock (Lock 90). Of course, the longer you lock your assets, the longer you lock them. The more profit you will earn.
Additionally, Pintu offers staking of PTU token, which is a crypto token used to develop the Pintu community. You will receive up to 12% annual additional profit and 35% referral profit based on the amount of PTU you lock. Interesting, right?
3. Indodax
The second best crypto betting application in Indonesia is Indodax, founded in 2014. Currently, on the Indodax application, you can bet on 5 crypto assets: ETH, BNB, Solana, Polkadot, and Matic. Each coin There are different APY values. For example, ETH offers an APY as high as 3.12%, while Solana is at 5.03%.
Unlike Triv, the minimum crypto stake amount at Indodax varies according to the asset type. In ETH, you can stake starting with 0.004 ETH or approximately IDR 191,000, while for BNB you can start with 0.01 BNB or approximately. IDR 95,000
4. Reku
The 3rd recommended crypto betting platform is Reku. The company was founded in 2018 by PT Rekeningku Dotcom Indonesia. Before changing to Reku, the platform was previously known as Rekeningku.
Reku offers 8 coins for staking: ADA, ETH, Solana, Matic, Polkadot, Tezos, Near and Kusama. Among these 8 assets, Polkadot is the most profitable with a high APY of 12.5% ​​per year. Not only are the assets Not only is it diverse, Reku also offers the possibility to withdraw profits every day. And the good news is There is no minimum deposit value for betting on this platform!
5. Crypto Toco
Our next recommendation for the best crypto betting application is Tokocrypto. Launched in 2018, it currently has more than 3 million users across Indonesia. This comes as no surprise, as Tokocrypto is also affiliated with one of the best crypto trading platforms in the world, Binance.
It is different from placing bets on the above platforms. Tokocrypto crypto staking is only available with TKO token, which is a utility token independently developed by this platform. Moreover, tokocrypto crypto staking is not open all the time. To know You can click on the TKO betting menu located on the home page of your trading application.
6. Binance
If you want to bet on a wider range of assets, you can use Binance Earn. One of the world's leading crypto exchange platforms offers 284 Coins and Tokens You can choose based on the minimum deposit amount and the profit you want. For example, for BNB, the platform offers an APR of 8.09% per annum.
In addition to a wide range of assets, Binance offers 4 staking periods: flexible, 30-day lock, 90-day lock, and 120-day lock. This way, you have more flexibility in setting your staking period according to your financial goals. You, however, despite these many advantages But so far, Binance has not received legal action in Indonesia. And there are only Tokocrypto affiliates.
7. Coinbase
Another global crypto trading platform that offers staking feature is Coinbase. Coinbase offers crypto staking for 9 assets including USDT, USDC and DAI when staking on this platform. The possible profit you will receive will be as high as 5.75% per year.
Another advantage of betting on this best crypto betting application is that You can bet with as little as $1 of capital, so earning profits from crypto investments in this way is open to everyone.
Crypto Asset Recommendations for Betting
Today, there are many crypto assets that can be bet on. Including tokens created by the relevant crypto exchange platform. So how do you determine the best assets for betting? When making bets The following factors are important for you to consider when selecting assets:
- Nominal Profit– In this case, you need to consider the APR and APY offered by crypto-staking assets. Generally, less popular assets will offer higher APR and APY compared to more popular assets such as ETH or BNB.
- Locking period (lock)– In addition to the type of asset The duration of the lock also affects the profit value. Assets that are locked up for longer periods of time tend to provide higher returns. However, during this lockup period, You will not be able to withdraw your staked coins or tokens.
- project– It is not often that crypto staking is used to collect funds from investors to finance certain projects. In addition to performing verification tasks, you must therefore be sure of the quality of the projects offered on these crypto assets by reading the whitepaper.
- Minimum deposit amount– As mentioned above Often, each cryptocurrency betting asset has a different minimum deposit value. Rarely, the value of this deposit can range from millions to hundreds of millions of rupiah, so choose a crypto betting asset that suits your budget.
If you are currently interested in crypto betting, the recommended asset in terms of required profit and minimum deposit value is Polkadot. This crypto asset with DOT code gives a profit of 13.75% for Indodax and 12.5% ​​for Reku. only You can also invest in Polkadot for as little as 0.5 DOT or around IDR 62,000 on Indodax and 1 DOT around IDR 125,000 on Reku.
However, if you are looking for a coin that has a good and popular project. You can choose BNB or Binance Coin. On Indodax, you can stake this asset with a minimum balance of 0.01 BNB or approximately IDR 95,000, but the profit offered is also low: 2.29% per year.
Tips for Choosing a Good Crypto Staking Application
The same is true for choosing an asset type. Choosing a good crypto betting application also needs to be taken care of. The reason is that not every platform offers this service. Here are some tips you can use when choosing the best crypto betting application:
1. Select a legal application
Report from YouTube page RF channelBasically The above staking platforms only act as aggregators or aggregators. This distributes the funds collected from staking to nodes to verify mining on the blockchain. The reason is that if you stake yourself without an aggregator, You will need a much larger capital.
Therefore, it is important for you to choose a legal crypto betting platform to minimize risks such as system errors or hacking. Due to the use of a legal crypto betting platform, at least the services provided by the platform will comply with BAPPEBTI regulations, and BAPPEBTI will be able to support investors if there is a problem with the company providing this service.
2. Choose an app that offers a wide range of assets.
By purchasing multiple assets in one application. You can differentiate to reduce the risk of price drops for each asset. Moreover, with different betting assets You can purchase assets according to your financial goals.
For example, you bet ADA and DOT, bet ADA for educational purposes, and bet DOT for weddings. If the price of ADA goes down, at least you still have DOT, and vice versa.
In addition to the type of asset Make sure you choose a crypto betting platform that offers different tenors. Because flexibility in choosing age will definitely be an advantage in this investment activity.
3. Pay attention to other support facilities.
Staking crypto is a rather risky investment, so when choosing a crypto betting platform, you need to pay attention to the quality of other support facilities such as insurance and the quality of customer service.
Insurance is required to protect you if there is a problem with the property you are betting on. While the quality of customer service will give you the explanation you need when a problem arises.
That's our recommendation for the best crypto betting apps in 2024, according to Investbro. {Please note that investing in cryptocurrencies involves a high level of risk. Choose a legal platform Read crypto whitepapers and use hard cash for investments to reduce unnecessary risk.
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