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Should You Stake Your Crypto Holdings?


As more cryptocurrencies move to a proof of stake (PoS) method of verifying transactions, the term "staking" is thrown around more often. Many crypto investors have the option to stake their holdings for a chance to earn rewards, which could generate a source of passive income.

What exactly is staking though, and should you do it? While staking can be a smart opportunity to increase your earnings with crypto, it's not right for everyone. Here's what you need to know before you decide whether staking is a good move for you.

Image source: Getty Images.

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Source Fool.com

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