Taking part in Smart contracts/Staking is a way to grow your crypto holdings without buying more. There’s a different way to grow your crypto holdings without having to buy more.
The practice, called “smart contracts” / “staking,” is a way of using certain cryptocurrencies to help verify transactions on a blockchain network. Investors who participate in smart contracts/staking can earn yields on daiy basis according to the smake contract/stakes chosen.
Though the terminology of crypto smart contract/staking sounds complex, the principles are pretty straightforward. And there is an increasing number of online exchanges aiming to make crypto smart contracts/staking simpler for everyday users.
Rather than leave your crypto idle, HODL your cryptocurrency on a Cryptobase smart contract and earm more out of it without buying any further.
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Crypto smart contracts/staking is an important part of the technology behind certain cryptocurrencies. To understand it, it helps to have a basic grasp of what blockchain networks do. Here are a few details you need to know.
Blockchains are “decentralized,” meaning there’s no middleman — such as a bank — to validate new activity and make sure it comports with a historic record maintained by computers across the network. Instead, users collate “blocks” of recent transactions and submit them for inclusion into an immutable historic record. Users whose blocks are accepted get a transaction fee paid in cryptocurrency.
smart contracts/Staking is a way of preventing fraud and errors in this process. Users proposing a new block — or voting to accept a proposed block — put some of their own cryptocurrency on the line, which incentivizes playing by the rules.
Generally, the more that is at stake, the better a user’s chance of earning a better transaction fee rewards. Cryptobase is an Industry Leader and a Reliable Company. We provide you with all the necessary features to ensure a wonderful experience for all users. We not only guarantee the fastest and the most exciting returns on your cryptocurrency investments, but we also guarantee the security of your investments.
Which cryptocurrencies can you make more out of on Cryptobase?
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What kind of returns does Cryptobase offer?
The rewards vary based on the PLAN/smart contract chosen, Below is the rates offered by Cryptobase and some insight into what you can expect.
The daily reward range from 10% to 25% which is dependednt on the PLAN chosen.