Crypto staking is one way of earning passive income, which does not require daily effort after an initial investment . And while staking may be a good choice for some cryptocurrency owners, there are many other ways of generating passive income. It may be worth looking into some of those options, as well.
Read moreHow much do you make staking?
If the token you hold allows staking, you can stake some cryptos and earn a passive income. It happens via a staking pool, which can be compared to an interest-bearing savings account. Like a savings account, you can earn anywhere between 5 to 20 percent per annum on the amount of cryptos you stake.24 Ara 2021
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