Staking is the process of holding cryptocurrency on a wallet or exchange to secure the network and earn rewards. It’s an easy way to make passive income without having to trade or buy and sell coins.
In this video, we’re going to look at the five easiest cryptocurrencies to stake.
The first is Tezos (XTZ). Tezos is a proof-of-stake blockchain that rewards holders of its native token, XTZ. You can stake your XTZ on exchanges like Coinbase, or on the Tezos wallet.
The second is Cosmos (ATOM). Cosmos is a proof-of-stake blockchain that rewards holders of its native token, ATOM. You can stake your ATOM on exchanges like Binance, or on the Cosmos wallet.
The third is Ethereum (ETH). Ethereum is a proof-of-work blockchain that rewards holders of its native token, ETH. You can stake your ETH on exchanges like Coinbase, or on the Ethereum wallet.
The fourth is Tron (TRX). Tron is a proof-of-stake blockchain that rewards holders of its native token, TRX. You can stake your TRX on exchanges like Binance, or on the Tron wallet.
The fifth is Dash (DASH). Dash is a proof-of-work blockchain that rewards holders of its native token, DASH. You can stake your DASH on exchanges like Kraken, or on the Dash wallet.
These are the five easiest cryptocurrencies to stake. Staking is a great way to earn passive income, and these five coins are the perfect way to get started.
