What is cryptocurrency staking?

[Bisolami]

Crypto staking is the locking up of crypto coin which is used in the validation and verifying if transactions on the block chain which in turn the algorithm gets to reward stakers in percentage during the lock up periods.

You are right
I think we can say that it is just like the fizes deposits that we usually invest in the bank. The money will be locked for a while before you get your profit

 

[Stardom22]

I

You are right
I think we can say that it is just like the fizes deposits that we usually invest in the bank. The money will be locked for a while before you get your profit

I am not into the Crypto currency thing and I am learning it here slowly by slowly. So if I may ask you a question Is crypto staking a guaranteed means of earning profits and up to what percentage profits an investor is likely to earn?

 

[Smalto]

This is a process where you hold some coins in your wallet and you will make use of these coins to validate transactions in the proof of stake algorithm in order to earn reward. It is one of the best ways to earn money in cryptocurrency.

In my own humble opinion, I think cryptocurrency staking is one of the sure or pressure free ways bro make money in the Crypto currency space, because you get to lock in your coins for some certain amount of time on an exchange platform.

 

[Stardom22]

In my own humble opinion, I think cryptocurrency staking is one of the sure or pressure free ways bro make money in the Crypto currency space, because you get to lock in your coins for some certain amount of time on an exchange platform.

I am not into the crypto currency thing so much but if I may ask, How is the level of the risks associated in the crypto currency staking because every investment comes with its own risks.

 

[Golden9]

As a Muslim, I've not used a lot of functions like staking due to concerns about it's permissibility. I buy and trade crypto and I do feel it's enough to make decent money.