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A word on “soft staking”

Staking proof-of-stake (PoS) coins has become a popular way for crypto investors to earn investment income on their digital asset holdings. However, staking is not an easy feat for beginners due to the pitfalls that the uninformed could fall into. In this guide, you will discover the most important do’s and dont’s of staking to help you get crypto staking right from the start. Staking generally involves running a machine 24 hours a day, 7 days a week. Since that can be challenging for small investors, many opt for exchange staking or the use of a specialist staking-as-a-service provider. While so-called “soft staking” provides an easy entry to staking and alleviate any of the technicalities of staking cryptocurrency, fees (in most cases) will eat into your staking returns and there is always a risk of loss of funds as you are not holding the private keys to your assets. Third-party staking services, therefore, need to be used with care.