KuCoin Blog Entitled Passive Income From Crypto: What Is Staking And Why It’s Awesome
Many traditional investment options offer attractive forms of passive income designed to encourage confidence in investors for times when the market is less than ideal. Crypto-savvy investors have turned to “staking” as a method of ‘playing it safe’ in their own market. Most cryptocurrencies today are trading 60 – 90% below their ATHs, but these investors have figured out quite a lucrative safety net that can generate returns of as much as 200% depending on the coins being staked and the amount held. Not surprisingly, it’s touted as the best way to make passive returns in a bear market.
So, if you are interested in more than just holding bags and would rather see your investments grow, keep reading.