Staking
Staking
The concept of "staking" in cryptocurrencies is a way for users to participate in a cryptocurrency network by locking a certain number of coins in a wallet or platform to help secure the network and, in return, receive rewards in the form of new coins or transaction fees.
In CEX AI, the concept is through staking incentive programs, where users can lock their cryptocurrencies in a wallet designated by CEX AI and earn rewards for doing so.
Staking in CEX AI
For example, CEX AI creates an incentive program for users who lock a certain amount of a specific cryptocurrency, such as Ethereum, Bitcoin, or the CEX-AI token, in a staking wallet. In exchange, users can receive rewards in the form of another cryptocurrency, such as Bitcoin, Ethereum, or the CEX-AI token, which can be traded on the CEX AI platform.
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