What is Staking and How Can You Earn Passive Income with Crypto?

Staking is one of the simplest and most effective ways to earn passive income with cryptocurrency. By staking your tokens, you contribute to the network’s security and, in return, earn rewards in the form of additional tokens. Many projects, including Ethereum 2.0 and Polkadot, rely on staking to maintain network integrity.

Staking is accessible to both experienced and new crypto users. With centralized platforms like WhiteBIT, staking becomes even easier. WhiteBIT offers staking pools where users can stake a variety of tokens and earn competitive rewards without having to deal with the complexities of directly managing their assets on-chain.

For those seeking a hands-off approach to earning crypto, staking provides a reliable and low-risk way to grow your portfolio.
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