Staking Explained
Staking offers crypto holders a way to put their digital assets to work and earn passive income without needing to sell them. You can think of staking as the crypto equivalent of putting money in a high-yield savings account.
Proof of Stake
Staking is only possible with cryptocurrencies that use the "Proof of Stake" consensus mechanism. By "locking up" tokens, you help secure the network and validate transactions. In return, the network rewards you with more tokens.
How to Stake
You can stake directly through a crypto wallet, or use a staking service provided by an exchange like Binance or Coinbase, which handles the technical details for you.
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