Top 8 NFT Staking Platforms to Earn Passive Income

Staking NFTs can be your passive income source. Most NFT staking platforms reward the NFT holders daily, weekly, or monthly.

NFT staking can be a great way to generate passive income. Most NFT staking platforms offer daily, weekly, or monthly rewards to NFT holders. The reward amount varies depending on the platform, total NFT project revenue, staked NFT, and market conditions. Here are the top NFT Staking Platforms for earning passive income:

1. NFTCOLO

NFTcolo is a popular NFT investment marketplace. As the world’s leading cryptocurrency investment platform, NFTcolo offers simple, safe, and fast cryptocurrency investment services to global customers with industry-leading cryptocurrency quantum technology and extremely high investment capabilities. No professional knowledge and equipment are required, and you can easily make money by taking advantage of the many opportunities provided by the NFT field. Visit the official website: nftcolo.com

Sign up now and get a $100 bonus. Earn passive income with free

2. Binance NFT

Binance is currently the most widely used cryptocurrency exchange platform with over 18 crore users. They also offer NFT trading on their platform. Binance offers staking for some of the most popular NFTs. Currently, they are offering Ape staking for Bored Ape Yacht Club (BAYC) and Mutant Ape Yacht Club (MAYC) NFTs to earn ApeCoin (APE).

The upcoming stackable NFT of the Binance stake system is the Bored Ape Kennel Club (BAKC). Binance also offers the Sandbox NFTs staking to earn daily $SAND rewards! Being a reliable staking platform, Binance is probably the best NFT staking platform you can find on Web3 world.

3. NFTX

The NFTX platform offers Buy, Sell, Swap, and Stake. You will need to connect your digital wallet to get started. NFTX has a very nice user-friendly dashboard for staking.

Users can stake for inventory or liquidity on NFTX. The yield Percentage for Inventory Staking is 20%, and for Liquidity Staking, it is 80%. Inventory staking does not require ETH, and there is an Auto Compounding feature. On the other hand, Liquidity Staking requires ETH, and there is an Auto Compounding feature.

There are 48 hours of double-sided and 7 days of single-sided staking available for users on the NFTX platform. They provide good instructions on how to stake and earn more rewards on their platform.

4. BAND NFTs

BAND NFTs is a promising music NFT platform on the Ethereum blockchain. It offers governance tokens to the music NFT stakers. BAND is an ecosystem for collaboration between Fans and Musicians.

BAND does not offer a fixed amount of rewards for stakers. But, as a staker, you will get access to music royalty pools. There are three types of BAND Royalty pools: Print Music, Public performance, and Synchronization.

Staked at least one BAND NFT and get 50% royalties revenue in governance tokens. The staking period for a BAND NFT is 90 days to 5 years. If you keep a stake for a longer period, the chance of getting governance tokens will increase.

Currently, there are few music NFTs available on the platform. This music NFT staking idea is great, but the NFT platform is not well established yet. If BAND can continue to grow its music collection with popular songs, royalty earnings will also increase.

5. Doge Capital

Doge Capital has a collection of 5000-pixel art NFTs. It uses Solana Blockchain to share NFTs. Doge Capital will soon launch its own NFT marketplace. Now, you can find its NFT collection on any Solona Marketplace.

Doge Capital offers NFT staking on its platform. You can easily start staking by adding your Web3 wallet to the platform. The staking will add your Doge to a noncustodial contract, and you will receive rewards daily.

For every Doge, you will Earn 5 $DAWG per day. There are also bonus levels to earn an extra $DAWG. You can stake up to 100 Doge NFTs per wallet. Your $DAWG will be automatically withdrawn if you unstake your NFTs.

6. WhenStaking

WhenStaking is an NFT staking platform by Onessus. You will need WAX Cloud Wallet or Anchor Wallet to log in to this staking platform.

Onessus develops play-to-earn games. WhenStaking allows to staked the NFTs from the games. It offers a native token – $VOID. Based on the collection, rarity, and average price, a base APR and staking capacity will be determined for your NFT. You can use the wrapped version of the NFT in the game.

This staking platform is one of the early-developed staking platforms. Now, let’s see how long Onessus continues the staking project.

7. Axie Infinity

The most popular game on Web3 for earning money is Axie Infinity. It has also introduced staking services for its governance token – $AXS. You need to connect to Ronin Wallet to use the service.

Axie Infinity is a perfect platform to stake. Over 500 million AXS