Crypto Staking

Cryptocurrency owners now have a method to put their digital assets to work and generate passive income without having to sell them thanks to staking.
Staking can be compared to investing money in a high-yield savings account in the world of cryptocurrencies. The bank takes the money you deposit in a savings account and often loans it to other people. You receive a percentage of the interest gained by lending in exchange for keeping that money in the bank, although a very, very small portion.
Similar to locking up your money when you stake your digital assets, you do so to help run the blockchain and ensure its security. You receive prizes based on percentage yields in return for that. Generally speaking, these returns are significantly higher than any interest rate that banks provide.

How can you start staking

You must first own digital assets that may be staked in order to start staking. If you have already purchased some, you must move the coins from the exchange or application you used to purchase them to an account that supports staking.
Most of the larger cryptocurrency exchanges, like Coinbase, Binance, and Kraken, provide internal staking options on their platforms, making it simple to invest your funds.