What is Cryptocurrency Staking? 🪙🔒
In simple words:
Staking is like putting your cryptocurrencies "to work" while you enjoy a coffee ☕… or a marathon on Netflix. 🍿
In more detail:
Staking involves locking a certain amount of a cryptocurrency in a wallet (or on a platform like Binance ♥️) to support the functioning of a blockchain based on Proof of Stake (PoS) or its derivatives.
In exchange for this "service to the network", you receive periodic rewards, in the form of the same cryptocurrency or others.
If you have recently signed up for Binance, take advantage of these simple tools to start earning rewards. Binance literally gives away money!! 💶💶💶
Buy ETH or SOL
1) $ETH
2) $SOL
START STAKING! WHAT ARE YOU WAITING FOR? 🥸