Benefits of Staking?

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Benefits of Staking?

Hey everyone. What are the benefits of staking? is it good to stake for those who are holding crypto long term?

Thanks in advance

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Here are the benefits of staking crypto:

  • It’s an easy way to earn interest on your cryptocurrency holdings.
  • You don’t need any equipment for crypto staking like you would for crypto mining.
  • You’re helping to maintain the security and efficiency of the blockchain.
  • It’s more environmentally friendly than crypto mining.
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Yeah your basically putting your crypto to use while you hold it. Better than just holding it long term.

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