Basics of Staking: How to Easily Earn by Holding Crypto
Staking is a way to earn passive income simply by holding cryptocurrency. You 'freeze' coins, helping the network operate, and receive rewards for it.
What is Staking?
It is the locking of crypto to support a blockchain network based on Proof of Stake. In return, participants receive new coins.
Types of Staking:
Delegated — you trust your coins to a validator.
Native — you support the network yourself.
On an exchange — through Binance Earn, where the exchange does everything for you.
Why Stake?
Simple — you just hold the crypto.
Passive income.
Helping the development of the blockchain.
What do you need to know?
Funds are locked for a period.
The price of crypto changes, income depends on this.
There are risks, be careful.
How to Start on Binance:
1. Register and complete verification.
2. Choose crypto for staking (BNB, ADA, ETH 2.0).
3. Go to Binance Earn, select staking.
4. Determine the amount and period.
5. Confirm and receive rewards.
Staking is a convenient way to earn on crypto without complex trading. Try it on Binance and start earning income today!
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