Investing in a masternode can be tricky, especially if you don't have enough money to buy coins. Here are the 3 cheapest masternode cryptos you chould consider.

cheapes masternodes cryptos

Throughout 2021, masternodes have shown a tremendous increase in popularity, especially after more and more people realize the opportunity to earn passive income by running a masternode. If you are interested in masternodes investment, then it is important to do some research first.

A masternode is a cryptocurrency full node or computer wallet that keeps the full copy of the blockchain. Masternodes are full nodes, meaning they enforce all of the rules of their respective cryptocurrencies, but in addition to that, they also perform specialized functions. This makes them different from normal nodes.

This article will list the cheapest masternode coins currently available on the market. A masternode costs money to host and maintain, so this list will only cover those coins with a low entry cost for people with little to no experience with cryptocurrency.

 

Social Send Masternode ($SEND)

The Social Send Platform is a decentralized cryptocurrency payment system created and managed by the platform's users. With blockchain technology, Social Send can facilitate transactions in a trustless environment. You will need to have 6,250 to start a masternode with these coins.

Social Send has created a unique opportunity for any individual to have access to cryptocurrency and blockchain technology without specialized skill or knowledge. It is also a great way for businesses and individuals to connect across social media platforms. SEND can be integrated as a reward system for users on any social network, allowing small businesses to large corporations to provide rewards, incentives, and promotions through social media.

 

SmartCash Masternode ($SMART)

SmartCash is more than a currency. It's a community-driven cryptocurrency focusing on governance and budgeting, privacy and fungibility, speed, ease of use, as well as global adoption as the top digital currency for daily transactions.

Becoming a SmartCash master ode operator will require 10,000 SMART collateral at the time of purchase. Masternodes earn rewards based on their availability and participation in the SmartHive voting system.

 

Syndicate Masternode ($SYNX)

Syndicate (SYNX) is a proof-of-stake cryptocurrency that offers both a masternode and staking rewards program and an instant transactions functionality.

The Syndicate team created SYNX, a group of experienced blockchain developers who have since built an entire ecosystem around the platform and continue to build new features with the community's support.

Block time is 60 seconds, and the maximum supply will be 0 SYNX. The block reward is 10 SYNX, and the minimum stake age is 1 hour. Syndicate is a community project, which means that the community makes all decisions.

The team aims to create an infrastructure for the coin and delegate as many powers to the community as possible. This includes decisions on new projects and funding, which will be available through the governance platform.

The Syndicate masternode is one of the cheapest master odes on the market and comes with a low price tag. The minimum investment amount of 5,000 SYNX makes it accessible to many investors while also guaranteeing an attractive ROI offering.

 

Final Thoughts

Besides looking at the less expensive cryptos, you can also consider investing in cheap masternodes coins that have a healthy amount of potential behind them. Even if the current price is not much economical, it might be worth it if you can afford to be patient and let the coin reach a higher point. Most of these masternodes' current prices indeed put them in a position to be undervalued, but their prices would likely soar high in the future.

If you want to run a node on a more expensive coin, you can always exchange it for one on this list. It would be unwise because an expensive coin could easily drop in value while a cheap one could still rise. In order to make sure you are getting your money's worth, we recommend you only invest what you can afford to lose.