Staking and Savings on KuCoin - Everything You Need to Know | CoinMarketCap

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Need ideas to generate passive income in this market? From staking to lending, this guide by CMCAlexandria covers all the popular staking and saving opportunities offered by KuCoin!👇

Once The Merge is completed, Ethereum will reportedly be much faster, cheaper, and more energy-efficient. Even though Ethereum 2.0 isn’t live yet, you can still stake your ETH tokens for the new PoS chain, which is also called the Beacon Chain.do through KuCoin – you need to hold 32 ETH and a dedicated computer permanently connected to the internet. Also, your funds and staking rewards will be locked until the merge is finished.

Also, KuCoin only asks you to stake a minimum of 0.01 ETH before you can earn rewards, which is considerably more affordable than the 32 ETH required to run a validator node. As such, staking Ethereum through KuCoin is an excellent way to make some passive revenue.Click the “Earn” tab on the taskbarPress the green “Start ETH 2.0 Staking” buttonKuCoin also provides access to the Polkadot and Kusama parachain auctions, which are another great way to earn passive profits from your crypto.

Polkadot’s main chain, which is also called the relay chain, supports a network of connected smaller chains called parachains. Parachains share the main chain’s speed and security and can interact with the other parachains. Projects that want a parachain slot need to win an auction by staking DOT tokens.

 

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