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What is Staking in Crypto (Definition + Rewards + Risks)Crypto staking involves locking up your tokens in your crypto wallet to earn rewards or interest in exchange for participating in the network's consensus. Cryptocurrency staking offers the owners of cryptocurrency a way to earn income that's separate from just trading the coins. While the income. You can earn rewards when you stake cryptocurrencies and fiat for a period of time as an incentive to acquire and hold onto staking assets.