Staking is a process where you lock your digital currencies within a specific blockchain network in exchange for periodic rewards, without the need to sell or trade.
It is somewhat similar to putting money in a savings account, but instead of bank interest, you receive digital coins as rewards.
Staking is used in networks that rely on what is known as "Proof of Stake," such as Ethereum, Cardano, and Solana.
The more coins you stake, the greater your chances of earning larger rewards.
📌 Note: Some platforms like Binance offer Staking features easily, without the need for prior technical knowledge.
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✅ Summary:
Staking is a smart way to increase your profits from digital currencies while retaining ownership of them.
Follow us to learn how to start Staking practically step by step in the upcoming lessons.
