Cryptocurrency Staking Explained: How It ACTUALLY Works [GSkE0uvUxH]

2025-01-02T09:20:05+0100

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CEX Staking is a way to earn returns on your crypto by holding it on a centralized exchange's designated wallet, supporting the network and earning extra yield on your crypto assets. We'll be focusing on this type of staking in this video: 1. What is staking? 2. How does staking work? 3. Benefits and risks of staking 3. Examples of centralised staking platforms Links: Consensus Mechanism: https://www.youtube.com/watch?v=05IuuX0uFL4 CoinGecko: https://www.coingecko.com/ GeckoTerminal: https://www.geckoterminal.com/ Coinbase: https://www.coinbase.com/earn Binance: https://www.binance.com/en/simple-earn Kraken: https://www.kraken.com/features/staking-coins Timestamps: 00:00 Intro 00:28 What is staking? 00:48 How does staking work? 01:50 Benefits of staking 02:19 Risks of staking 03:13 Examples of centralized staking platforms 04:28 Outro Download CoinGecko App!📱 iOS: https://gcko.io/coingecko-ios Android: https://gcko.io/coingecko-android Follow us! Twitter: https://twitter.com/coingecko Instagram: https://www.instagram.com/coingecko TikTok: https://www.tiktok.com/@coingeckotv Telegram: https://t.me/coingecko Subscribe to CoinGecko's Newsletter! 📩 https://newsletter.coingecko.com/landing/subscribe #staking #CEXstaking #howtoearncrypto #earningbystaking #coingecko #centralizedexchanges #whatisstaking #stakingguide