What Is Crypto Staking

Crypto Staking: Earn Passive Income on Your Digital Assets

What is Crypto Staking?

Crypto staking is a way to earn interest on your cryptocurrency holdings by locking them up in a wallet or exchange. This allows the cryptocurrency network to use your staked assets to validate transactions and maintain its security.

How Does Crypto Staking Work?

When you stake your cryptocurrency, you are essentially lending it to the network in exchange for a reward. The reward is typically paid out in the same cryptocurrency that you staked. The amount of reward you earn depends on the specific cryptocurrency you stake and the length of time you stake it for.