CryptocurrencyA digital currency in which transactions are verified and records maintained by a decentralized system using cryptography, rather than by... stakingStaking is the way many cryptocurrencies verify their transactions, and it allows participants to earn rewards on their holdings. Staking... Read More is when a person (investor) puts their cryptocurrency into a walletA crypto wallet is a tool that allows users to interact with blockchain networks. They are necessary when sending and... 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 blockchainA Blockchain is a distributed database that is shared among the nodes of a computer network. As a database, a... Read More continues to add blocksGroups of data within a blockchain. On cryptocurrency blockchains, blocks are made up of transaction records as users buy or sell... Read More. The investor is called a stakerA staker is an investor who participates in cryptocurrency staking to earn interest. Read More.
