Questions tagged [buying steth]

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KDramaLegendary KDramaLegendary Mon May 13 2024 | 6 answers 1376

Is buying stETH the same as staking?

Excuse me, I've been hearing a lot about stETH recently and I'm trying to understand the concept better. Could you clarify for me if buying stETH is essentially the same as staking? I've read that staking involves locking up crypto assets to earn rewards, but I'm not sure if purchasing stETH achieves the same objective. Could you please explain the difference, if any, between the two? I'm particularly interested in understanding the risks and rewards associated with each approach. Thank you for your time and assistance.

Is buying stETH the same as staking?

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