Start Earning by Staking

Staking offers potential rewards that are inaccessible if you are only ‘holding,’ but it carries some risks. Ultimately, the choice depends on your goals: 

1. Holding for growth: Staking  might be better if you want to earn interest on top of potential price appreciation.
2. Short-term holding: Holding might be better if you anticipate a need to sell your crypto quickly sometime in the future, as staked assets may have lockup periods.

Not all staking rewards are paid daily. While some platforms offer daily payouts, it depends on the specific platform and the cryptocurrency you stake. Here are some possibilities:

1. Daily rewards: Some platforms distribute staking rewards every day.
2. Periodic payouts: Other platforms might pay out rewards weekly, monthly, or at set intervals.
3. Locked rewards: In some cases, rewards might be locked until the end of the staking period.

It's important to check the specific staking program details before you commit your crypto.

Here are the general steps on how to start staking crypto:

1. Choose a cryptocurrency that supports staking: Not all cryptos offer staking. Research coins with good staking rewards and align them with your crypto trading goals.
2. Select a staking platform: There are centralized exchanges (like Zenit World) and dedicated staking wallets that offer staking services. Consider factors like security, fees, and supported coins.
3. Transfer your crypto to the platform: Move your chosen cryptocurrency to the platform you'll use for staking.
4. Choose a staking pool (optional): Some platforms offer staking pools where you combine your holdings with others to increase your chances of earning rewards.
5. Stake your crypto: Follow the platform's instructions to commit your crypto to staking. This might involve choosing a staking term (fixed or flexible).

Remember, it's always a good idea to research the specific staking process for your chosen platform and cryptocurrency.