Crypto Staking: Everything You Need to Knowby@elnazsarraf
897 reads

Crypto Staking: Everything You Need to Know

tldt arrow
Read on Terminal Reader
Read this story w/o Javascript

Too Long; Didn't Read

Crypto Staking is one of the best ways of making a passive income but *only* if done correctly. It's the process that allows you to lock up your crypto-related holdings in order to obtain rewards or earn interest on those holdings. Delegation means lending your cryptocurrency to a validator to earn a cut of any staking reward they can earn. Staking your money is slightly risky, especially, for the average earner, and a normal risk-taker. If you try to manipulate the market or fail to process transactions, your Polkadot can get slashed.

Companies Mentioned

Mention Thumbnail
Mention Thumbnail

Coins Mentioned

Mention Thumbnail
Mention Thumbnail
featured image - Crypto Staking: Everything You Need to Know
Elnaz Sarraf HackerNoon profile picture

@elnazsarraf

Elnaz Sarraf

Founder & CEO ROYBI Robot | UniGalax Edutainment Metaverse | NFTs & Web 3.0 Enthusiast | Forbes Technology Council


Receive Stories from @elnazsarraf

react to story with heart

RELATED STORIES

L O A D I N G
. . . comments & more!