Post
Topic
Board Altcoin Discussion
Re: Is Staking Coins a Good Idea?
by
princeyeboah
on 24/08/2021, 07:23:34 UTC
Actually, I heard about Staking the coins gives apy. I want to know is really a staking good idea & what will be the staking months like 1 month, six months or 1 year.
Yes, staking is a good idea because it's a simplified form of Proof of work where a lot of energy and complex computers were needed to setup. Staking assets like Divi only requires their wallet and your Divi coins. The wallet interface is simplified in a way that everyone can use.