Crypto Staking Basics

Crypto Staking Basics

With cryptocurrency, one way to make a profit is to sell your investment when the market price increases.

There are other ways to make money in crypto, like staking. With staking, you can put your digital assets to work and earn passive income without selling them.

In some ways, staking is similar to depositing cash in a high-yield savings account. Banks lend out your deposits, and you earn interest on your account balance.

In theory, staking isn’t too different from the bank deposit model, but the analogy only goes so far. Here’s what you need to know about crypto staking.

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