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Re: Report plagiarism (copy/paste) here. Mods: please give temp or permban as needed
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lovesmayfamilis
on 26/10/2021, 12:05:48 UTC
⭐ Merited by Awaklara (1)
Plagiarism
User: Prohibited2021
Post link: https://bitcointalk.org/index.php?topic=5367519.msg58267469#msg58267469
(archive)

I’m all for crypto staking
Crypto staking involves "locking up" a portion of your cryptocurrency for a period of time as a way of contributing to a blockchain network. In exchange, stakers can earn rewards, typically in the form of additional coins or tokens.
Is Staking profitable? In one word, yes. Staking is nearly as profitable as the mining or trading of cryptocurrencies, and without risk. All you have to do is stake (buy & hold) some coins in order to get added to the mining pool.

The primary benefit of staking is that you earn more crypto, and interest rates can be very generous. In some cases, you can earn more than 10% or 20% per year. It's potentially a very profitable way to invest your money. And, the only thing you need is crypto that uses the proof-of-stake model.


https://www.flexi-news.com/what-to-know-about-staking-the-process-of-locking-up-crypto-holdings-to-earn-rewards-and-interest/


https://community.ato.gov.au/s/question/a0J9s0000001IGREA2/p00046509


https://blog.okricky.com/crypto/a-simple-introduction-to-staking-crypto/