How cryptocurrency & staking works?
What are Cryptocurrency and Staking?? A cryptocurrency is a digital money that uses encryption techniques to establish an alternate form of payment. With the use of encryption technology, cryptocurrencies may be used as both, money and a virtual accounting system. ?Staking through a cryptocurrency exchange means that the user makes their crypto available through an exchange for use in the proof-of-stake process. It is a process that includes committing the crypto assets of the user to support a blockchain network and sustain transactions. It makes the holders capable to monetize their crypto retention. Staking NFTs is a new technique to make additional income in the crypto market, allowing NFT holders to secure their assets in Defi platforms to receive rewards without having to sell their NFT collections.?
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