For most people, the cryptocurrency market seems unfamiliar and quite dangerous, and making money on it is hardly possible. The same prejudice concerns getting a moment when you start your own mining farm .
Fortunately, there are more affordable and less expensive options, such as cloud mining and altcoins with the PoS consensus algorithm. To passively earn money by storing altcoins with the PoS algorithm, you most often need to have the necessary (usually small) amount of coins with you.
Several large cryptocurrency exchanges , including KuCoin , offer automatic staking on their platforms.
Given the lower prices, leading to higher returns, and the simplification of the staking process, the investment attractiveness of PoS altcoins is increasing, and may be a good idea for investments in the last quarter of the year.
We offer you to study five altcoins with a yield of more than 5%, which may be worth a look in September: Decred (DCR) , Cosmos (ATOM) , IOStoken (IOST), KuCoin Shares (KCS) and Komodo (KMD).
As can be seen from the table, most coins do not require significant investments for staking, and it is quite easy to start working with them. Perhaps the most famous of them are KuCoin and Cosmos, in recent years more attention has been paid to them in connection with the price increase.
For those who are accustomed to dealing with bitcoin (BTC) or ether (ETH) , several applications and platforms are offered, for example, Celsius Network, where users can earn up to 3-6% of invested assets.
Regardless of anything, it is important to remember that the cryptocurrency market is fraught with high risk, since lower prices can adversely affect profit.
Publication date 09/18/2019
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