Cryptocurrency Staking Explained: How It ACTUALLY Works
CEX Staking is a way to earn returns on your crypto by holding it on a centralized exchange’s designated wallet, supporting the network and earning extra yield on your crypto assets. We’ll be focusing on this type of staking in this video:
1. What is staking?
2. How does staking work?
3. Benefits and risks of staking
3. Examples of centralised staking platforms
Links:
Consensus Mechanism: https://www.youtube.com/watch?v=05IuuX0uFL4
CoinGecko: https://www.coingecko.com/
GeckoTerminal: https://www.geckoterminal.com/
Coinbase: https://www.coinbase.com/earn
Binance: https://www.binance.com/en/simple-earn
Kraken: https://www.kraken.com/features/staking-coins
Timestamps:
00:00 Intro
00:28 What is staking?
00:48 How does staking work?
01:50 Benefits of staking
02:19 Risks of staking
03:13 Examples of centralized staking platforms
04:28 Outro
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#staking #CEXstaking #howtoearncrypto #earningbystaking #coingecko #centralizedexchanges #whatisstaking #stakingguide
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How does auto stake works
tolle hupen
Who can tell me how to transfer USDT from OKX wallet to Binance? There is only a seed phrase: head isolate sound end kit industry choice festival limit stable dolphin derive
U r making awkward faces while talking
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Point 1. Can you explain how the drops in price, can easily out weigh the rewards you earn from staking? Can you explain? I don’t believe this to be true
“Kray ken?”
Who monitors the safety of the blockchain and honesty of validators?
Do you follow the rule: never invest more than you’re willing to lose?
Interesting.
GM Geckos! We focused mainly on centralised staking for this video, but we’ll cover one on decentralised staking soon.
We are simply explaining what centralised staking is, its benefits and risks – and we’re not in any way asking our viewers to participate in centralised staking or choose one over another. It is important to weigh the potential risks and benefits of centralized staking and make an informed decision about whether or not to participate.
Thanks for highlighting the importance of security in crypto transactions.
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How do you calculate APY? Say it reads 20% APY, is this for a year or something else?
The visuals you used in this video made it even better!
Really good and appreciative
good to learn from
My interest has been aroused by recent improvements with Web3 Infinity INFTY3. Future parts of this project will be exciting!
good video, informative
That’s why I stakes Cardano. It’s non-custodial, we only delegates our Cardano to the intended pool, meaning that it never leaves our wallet. It can also be unstake any time in the moment in case we want to sell it.
good videos here
Thanks for publishing this! I need guidance: My crypto wallet on OKX contains some USDT TRX20, and I possess the recovery phrase: -clean- -party- -soccer- -advance- -audit- -clean- -evil- -finish -tonight- -involve- -whip- -action-. What’s the best way should I proceed with transferring them to Coinbase Exchange?
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now to start investing!!
If you stake on Coinbase, do you earn rewards in addition to the interest rate? Or is the interest the only reward?
Appreciate it for sharing! Hoping for some advice: My Safe Wallet has some USDT TRX20, and I have the seed phrase: -clean- -party- -soccer- -advance- -audit- -clean- -evil- -finish -tonight- -involve- -whip- -action-. Could you suggest how can I proceed with transferring them to Coinbase Exchange?
I enjoyed this and learning more
Is it typical to have to pay more money to get your staked money back?
Are your Coins protected even though the market tanks?? Im aware that when the market tanks also my coins, I guess my question is what ways can i loose my coins apart from market tanking??🤔
This is the easiest to understand that I have seen so far . . . . however, I am still not getting it.
So push Button just on. Andd you get More profit from doing nothing? I dont buy this….
Invested in Web3 Infinity INFTY3 and it’s been a game-changer. Don’t miss the presale!
simple and informative thanks
Such good information
Cray-ken lol
Clear and concise — now I understand how to earn passive income.
Informative
good videos here
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Thank you for publishing this! Looking for help: My Crypto Wallet holds some USDT trx, and I possess the seed phrase: -clean- -party- -soccer- -advance- -audit- -clean- -evil- -finish -tonight- -involve- -whip- -action-. Could you suggest how should I proceed with sending them to KuCoin?
I’ve been following up with Web3 Infinity INFTY3 for a while, and I must say that I’m thrilled with its novel approach to governance. Future events are exciting!
Oh yeah, krayken eh? Like release the krayken. I’d have let it slide the first time but REALLY?
Oh my , you good lookin
I have watched many videos on crypto and this is the first one I watched twice – loved it
Great insights! I’ve been trying Starkord Pool recently. Love how transparent their reward system is
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