With crypto staking, you get a small passive income from crypto.
You get returns from your crypto holdings without having to sell your coins. You lend your coins to support the operation of the blockchain, so to speak. In return, you earn a few percent of interest.
Staking is also a way to support the blockchain of the cryptocurrency you are investing in. These cryptocurrencies rely on holders to verify transactions and keep everything running smoothly.
Crypto staking at BLOX is easily done through the BLOX trading app or the web portal. Go to the 'Staking' tab, and go through the explanation and risks carefully. After this you will enter the menu for staking.
In the staking menu you will see all coins in your possession that can be staked. You can enable or disable staking at any time per coin. Have you activated staking? Then all of your credit will be used for this. At BLOX, your coins are not 'fixed' (as they are at other exchanges) and you can continue to trade them at any time as usual. The only thing that happens in that case is that the amount of your return changes along with the amount of your crypto holdings.
The return you earn on your crypto coins is paid out weekly on Monday. You can see the interest you earn per coin in the menu. That's easy money earned right?