What are stakes in crypto?

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.

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Is staking even worth it?

Staking is nearly as profitable as the mining or trading of cryptocurrencies, and without risk . All you have to do is stake (buy & hold) some coins in order to get added to the mining pool. Staking is almost as profitable as the mining or trading of cryptos, and it comes without risk.

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