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How to earn by Staking

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Avatar for Yanadya
Written by   12
1 year ago

Currently I want to talk about staking pools and I think almost crypto mania already knows about what a staking pool is and how it works and I have explained about it in my previous article.

Staking is currently popular, this is because the process is quite easy and simple. The process of maintaining this crypto asset can also generate additional income from the asset at stake, the amount of income will depend on the type of crypto asset chosen.

In doing this staking, users can choose to use the staking pool. Using this method makes the staking process easier and can be done even by beginners.

The following is how to stake in a staking pool and its benefits.

Common Methods of Staking in Staking Pools

Choose a Staking Pool

The first thing is to choose the staking pools service, choose the one that you think is the easiest to use and as you wish.

There are many staking pool services available, do sufficient research on the staking pools that you will use. You can find a wide selection of staking services on the

Select Staking Coins

After determining which services to use, it's time to choose the crypto asset you want to lock or bet on. Each asset has a different amount of return, even with a minimum amount that must be locked.

Do some research to find out which crypto assets match the target profit you want to get. .

Keep in mind that assets that can be staked are crypto assets with a Proof of Stake mechanism so you will not find the Bitcoin option as an option for staking because the mechanism is Proof of Work.

Check Wallet

After determining these two things, check the wallet needed to carry out the staking process. Because, not all crypto assets that can be bet on can use the same wallet. Usually, each staking service will provide information and choices regarding compatible wallets.

Start Staking...

After everything is ready, all you have to do is follow the instructions on the staking pools website and deposit a number of assets to stake.

This the exp for :

These are the packages

  1. Open the Website

  2. Click the asset that you want to put for stake with the packages

  3. Select Wallet

  4. Take note of the unique code Generated

Advantages of Using a Staking Pool

Staking pools take all the hassle out of staking by handling the technical details of proof of stake. Then, income is more stable and more predictable.

Staking with a smaller number of coins is likely to get a small profit, and vice versa. Staking pools also make it easier for beginners to benefit from crypto assets apart from trading.

If you decide to use a staking pool, always do in-depth research about the services you choose and use. This is so that you can bet assets in the right place, safely and avoid losses.

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Avatar for Yanadya
Written by   12
1 year ago
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