How does staking crypto help investors earn passive income?
SabrunTheDevJan 15, 2022 · 3 years ago1 answers
Can you explain how staking crypto can help investors earn passive income? What are the benefits and risks involved?
1 answers
- Jan 15, 2022 · 3 years agoStaking crypto is a popular way for investors to earn passive income. When you stake your crypto, you help secure the network and validate transactions. In return, you earn rewards in the form of additional crypto. The amount of rewards you earn depends on factors like the amount of crypto you stake and the network's staking rewards rate. Staking can be a relatively low-risk way to earn passive income, especially compared to other investment options. However, it's important to choose a reputable staking platform and carefully consider the risks involved, such as the potential for network attacks or technical issues.
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