One of the main advantages of staking is that it eliminates the need to invest in expensive mining hardware. You just need to buy the coins and hold them in your wallet. The next thing to do is to sit back and watch as your wallet balance grows in value. It’s quite an easy way to make money.

The other advantage of staking is that it gives you a guaranteed and predictable source of income. That’s because, the value of coin increases in predictable figures.