For me l really like to know if at all you think that there is any difference between the crypto currency staking and the holding of the cryptocurrency on the wallets for that matter.
What is the difference between crypto currency staking and holding?
- Thread starter Stardom22
- Start date
- Joined
- Oct 1, 2023
- Messages
- 4,880
- Reaction score
- 477
- Trophy Points
- 29
- D Bucks
- 💵10.491525
- Referral Credit
- 0
Holding can be interpreted as if you have crypto stored in a wallet without activating passive income such as Earning, Staking, etc. While staking means that you freeze or lock a certain amount of crypto until a specified time, so that if you withdraw, the return from staking will be lost and you will even be fined. We can easily compare staking to a bank deposit while holding is like a savings account.
Nomad
Moderator (Earnings Enforcer)
Staff member
Earnings Enforcer
Gold Supporter
Literary Virtuoso
Registered Member
Staking means you earn rewards from your assets, it is something like earning interest in your savings. Holding means keeping your assets just like keeping your money in current account.
For me l would prefer the holding of the crypto currency when dealing with little amount of coins and staking when dealing with higher amounts of money.
