CryptocurrencyCryptocurrency is decentralized digital currency secured by cryptography. Cryptocurrency utilizes cryptographic protocols to record ownership and prevent counterfeits (when ownership... Read More staking is when a person (investor) puts their cryptocurrency into a walletWallets are a digital storage facility for digital currency. A wallets can exist as a software program on a computer... Read More to earn interest on their cryptocurrency holdings. The amount of interest earned when an investor stakes their cryptocurrency will depend on the amount they have staked and how long they hold it. To stake cryptocurrency, an investor sends it to a wallet that supports staking. Their holdings earn interest for as long as the blockchainAs a distributed ledger technology (DLT), a blockchain is a digital ledger that can create an immutable record of transactions.... Read More continues to add blocks. The investor is called a stakerA staker is an investor who participates in cryptocurrency staking to earn interest. Read More.
