What It Means To Stake Crypto. With the app you can buy, sell, manage and stake crypto. In exchange for holding the crypto and strengthen the network, you will receive a reward.
Crypto holders are always excited by the idea of receiving a passive income. Cryptocurrencies are created when networks of computers run a shared software with common rules that govern the data (coins) they exchange. Then you will stake the required amount of cro needed for the card by purchasing it.
Crypto staking is a form of earning cryptocurrency simply by holding it.
To stake your coins means to lock them up (cease all operations including deposits and withdrawals) in order to validate transactions of a particular cryptocurrency. The cryptocurrency that is staked ( locked in) is randomly assigned the right to validate the next block of transaction. Staking means holding cryptocurrency or tokens to support a network operation and getting a reward for it. With staking, you usually buy a cryptocurrency in order to lock it up (stake it) in a smart contract.
