Earn crypto by staking your assets | How to stake your crypto | Crypto Staking guide

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In bear market situations, we almost have nothing to do with our crypto funds. This kind of situation is a test for the traders. Holding the assets is a decent strategy to cope with the bear market situation. Holding means we have to hold the coins until we can make a good profit from them. But when we hold the coins, it means we are not going to trade our crypto and our coin will remain in a dead state.

In the crypto world, you can also get benefits from your asset by putting them to work and that is known as staking. Staking is a process to lock our funds for a certain period and earn rewards for that. Actually, we get rewards to contribute on the blockchain. Because when we send our crypto for staking it helps to maintain the security and efficiency of the blockchain network.

In cryptocurrency, staking is used to verify the transaction in the blockchain and we earn interest to lock our crypto assets. Staking reward varies depending on the amount of the asset you are staking. Staking is really profitable for investors. You can easily stake your crypto on Binance or any other exchange site. But you can not stake all the coins, you have to own the crypto that follows the proof-of-stake model or support staking.

If you are using Binance exchange then you have to go to "Earn" and search for your favorite crypto. Then if you find your favorite coin from the list then select the coin. Now you will have several options in front of you. You have to choose the option name "locked". You have to tap on that and you will get a new page to set the staking period and staking amount.

After putting the amounts you have to just confirm your staking. You have to stake your coins according to the market situation. The bear market lasts a bit longer. Only stake your token or coin when it's perhaps even predictable that the market will not recover in a short while or stake if you are holding your coin with a long-term vision.

You will earn interest from your staking. I had vet tokens in my wallet and I am holding these tokens for a long. So I staked this token, in return, I will get Vtho airdrop.

Staking enable you to earn something by just sending our crypto to works, you will get a good return just sitting with your crypto. If you are brave enough to stake your tokens, now you have to make some research and make your decision, that's it.