There are many different ways to increase one’s cryptocurrency holdings. Some do it by buying more coins, while others try to mine altcoins with a GPU or ASIC. Another option worth looking into is known as cryptocurrency staking. While not all cryptocurrencies support it, it is a very powerful protocol to earn some passive revenue along the way. What Is Cryptocurrency Staking? As the name somewhat suggests, coin staking revolves around users locking up a specific amount of a supported currency in the hopes of staking it for additional network rewards. This process is very similar to how bank accounts
The post What Is Cryptocurrency Staking? appeared first on The Merkle Hash.
Powered by WPeMatico