1/1Earning Passive Income by Staking Crypto - My top pick for 2022

The term ‘crypto staking’ might be new to some, but for many crypto investors though, staking cryptocurrency is a known way of growing one’s crypto hodlings without needing to buy more. At the core, staking crypto is simply a legitimate way of earning yields through one’s existing crypto hodlings. Investors who participate in staking enjoy interest yields that is far greater than what is offered through a regular centralized bank yields.

Although I have easily summarized it in one paragraph, it is always useful to know at least a bit more before deciding if crypto staking is best for you. Staking cryptocurrency is a process that involves committing your crypto assets to a blockchain network/company that puts your crypto to work and in return, it generates incentives/yields (form of passive income) while it remains staked. Staking can be just as profitable, minus the risk that comes with mining and trading.