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FesBNB The Ultimate ETH, XRP, CAKE, ADA and DOT Earning Platform

Staking is a term you'll hear a lot if you're an investor. Many crypto tokens use staking to validate transactions, allowing users to earn rewards on their holdings. But what is crypto staking? Staking coins is pledging your cryptocurrency holdings to maintain a blockchain network and confirm actions. It is compatible with cryptocurrencies that process payments using the proof-of-stake model. It is a more energy-efficient alternative to the proof-of-work approach, which requires mining equipment to solve mathematical equations using computational power. Staking can be an excellent way to make passive income with cryptocurrency, especially because some offer high-interest rates for staking.