Questions tagged [steaking in crypto]

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SeoulSerenity SeoulSerenity Thu Sep 19 2024 | 5 answers 1436

What is steaking in crypto?

Excuse me, could you please clarify what exactly is meant by 'staking' in the world of cryptocurrency? I've heard the term mentioned a few times but I'm still a bit hazy on the concept. Is it a form of investment? Does it involve locking up funds in some way? And how does it differ from other methods of earning rewards or passive income in the crypto space? I'd appreciate it if you could break it down for me in simple terms.

What is steaking in crypto?

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