Post
Topic
Board Speculation (Altcoins)
Re: Will you stake your token to make profit?
by
jakelyson
on 28/04/2019, 11:03:26 UTC
Recently staking gains great popularity in crypto market, especially among wallet users. Some wallets claim that you can get extra 7-150% token if you choose to stake your token in their wallet. What on earth is staking? I wrote sth about staking on medium.https://medium.com/@rockminer/staking-another-new-way-to-make-money-in-crypto-aabf58143bb7

Here is the thing: will you choose to stake your token to make profit?

POS blockchains allow you to stake your coins and in return, you get tx fee as payment. I have been staking my xem for quite a while now and I have earned some xem from it. It is kind of a passive income. You just leave it there and it earns on its own.