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What is a crypto currency stick?

Staking is one of the ways to make money in the digital currency market. In this method, you keep (or lock) some of your digital currency in a specific wallet or platform¹. This is done to support blockchain and verify transactions on the network¹.


Staking is done in networks that work based on the Proof of Stake (PoS) mechanism¹. In these networks, unlike the Proof of Work (PoW) mechanism where miners must solve complex problems, validators (or verifiers) are elected based on the amount of currency they have staked¹.


Staking can be a good source of passive income¹. By staking, you can generate passive income for yourself¹. Of course, it should be noted that not all cryptocurrencies have the ability to deposit or stake¹

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