What Does Staking Mean In Cryptocurrency

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What Does Staking Mean In Cryptocurrency. It is made possible by the structure of the blockchain. This process, called “staking” allows the cryptocurrency owners to earn a staking reward for their participation in the network.

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Profits earned from staking are dependent on the. 3 points · 3 years ago. Staking involves the purchase of cryptos, then holding them in a wallet and earning interest from it.

There are specific cryptos that offer an option for you to stake and earn interest.

The longer you stake your coins, the more the profits you get from it. With staking you can generate a passive income by holding coins. In return you earn staking rewards. 3 points · 3 years ago.