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WTF is Exchange Staking?

August 28, 2020

Updated: October 13 2023, 04:32

Crypto

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Mining and trading used to be the most popular ways to make money on the cryptocurrency. Staking, a much simpler alternative, is gaining massive popularity. In this case, the user does not need to deal with the technical difficulties of mining or learn the trading intricacies.

Over the past two years, staking as a form of earning money on cryptocurrency began to gain popularity, as exchanges and wallets began to offer it.

In our latest story on Hackernoon, we try to get through exchange staking; it’s pros and cons, peculiarities and future, and how it can be one more alternative to ICO/IEO.

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