Which Staking pool Should I use?

If you have been following the proof of stake portion of the cryptocurrency industry, you will have noticed the explosion of staking platforms popping up everywhere. Pooled Staking has undeniable benefits when staking coins, and it really makes sense that these pool services will be popping up rapidly. And for the most part staking pools turn into a win-win situation, as the compounding effect can usually more than cover the staking pool fee. 

So, with all these options, the question then becomes which service should I use? 

Question 1: Do they stake my coin?

This question is obvious, if you are wondering which services support your coin check out our staking coin list

Question 2: Are the legitimate?

This question is a bit harder and we highly encourage you to do your own research. The best advice we have come up with is applying the time test. And the time test is “have they lasted the test of time?” The older a company, the more likely they are legitimate and will stick around. Scams and bad companies will usually fail within the first 2 years. 

Questions 3: How long have they been around? Do they have a big pool?

Following up on question below, the age of a staking pool is very valuable as the longer the service has been around, the more likely it has a larger pool as more people have had time to find and stake in that pool. 

Below we made a table with some very basic high level overview of the different services. They are sorted by age, which we think is the 1 of if not the easiest way to decide which service to use or look into when deciding where to stake. 

Personal recommendation

Btcpop.co

As a long time staker and user of Btcpop.co we at topstaking cannot help but recommend Btcpop.co. They have been in the space the longest, have the lowest fees, and because they do more than just staking they will likely be around the longest. So we want to reiterate to do your own research, but that is our recommendation for the many coins Btcpop supports