What is staking?
1. Staking is the process of participating in the validation of transactions and the security of a blockchain that uses a consensus mechanism like Proof of Stake (PoS). By staking, you lock your cryptocurrencies to help operate the network.
2. In exchange for participating, you receive rewards in the form of new cryptocurrencies, generating passive income. Binance offers staking options for popular coins like Ethereum #Eth #BNB and #SOL .
3. Staking is a simple way to put your digital assets to work, allowing you to earn rewards while holding your cryptocurrencies.