[BEGINNER INFO] What is Staking and How to Earn Profits?

If you already have some crypto assets like Ethereum (ETH), Cardano (ADA), or other coins that support staking, you can start looking for passive income through this feature: staking.

So, staking is simply like you “saving” or “locking” your coins in the blockchain network. But it’s not just about saving—you're also helping to validate transactions, and in return, you earn rewards.

Now, what are the benefits of staking?

1. Earn Passive Income

You can receive rewards in the form of additional coins periodically. This is perfect for those who want to invest while relaxing, without needing to trade every day.

2. Rewards Depend on the Network

The more coins you stake and the longer you hold them, the greater the potential rewards. But remember, each blockchain has a different reward system.

If you are just starting, Binance has a Simple Earn feature that is very easy to use. Just choose a coin, amount, and duration—you can start staking safely right away.

Let’s take advantage of staking to earn profits while helping to maintain the blockchain ecosystem!

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