Top 7 Staking Platforms to Earn Passive Income

Top 7 Staking Platforms to Earn Passive Income

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Source: TheMerkle.com

StakingBonusBinanceKrakenCoinBaseCrypto.comPancakeSwapGeminiWhat is Staking?

Staking refers to the process of locking cryptocurrency in a virtual wallet or platform for the backing of blockchain operations, including transaction validations and network security. In return, it allows stakers to earn rewards, usually in the form of the same cryptocurrency they stake. It is an integral part of Proof-of-Stake and its variants, which are energy-efficient alternatives to the traditional Proof-of-Work consensus mechanism.

How to Choose

Read More https://themerkle.com/top-7-staking-platforms-to-earn-passive-income/

The post "Top 7 Staking Platforms to Earn Passive Income" appeared first here TheMerkle.com.

Source: TheMerkle.com

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