How to Stake Cardano for Passive Income

J.R. Gutierrez
5 min readAug 17, 2021

Bitcoin and Ethereum 2.0 will continue to steal the crypto spotlight in 2021, and rightfully so. However, there’s another cryptocurrency with giant plans for the near future and will grab much of Ethereum’s market share: Cardano. Like Ethereum, Cardano will use its blockchain to advance growing niche markets like NFTs and decentralized finance. In addition, they are making great strides in transforming the economies of entire countries with its technology, especially in Africa. We won’t be talking about its many ongoing projects. There’s plenty of ways to research this online elsewhere. Instead, we’re going to concentrate on how to make money staking Cardano in your own online wallet.

What is Cardano?

Cardano is the first peer-reviewed blockchain. The platform was created by Charles Hoskinson, one of the co-founders of Ethereum, and has attracted some of the brightest minds in cryptography. The project will promote financial inclusion through its open-source technology and programming language, so individuals can make their own financial decisions. It is aiming to completely restructure finance in developing countries by allowing anyone access to self-sufficient financial services. To learn more about Cardano’s exciting future projects, visit their main website at https://cardano.org/.

What does it Mean to…

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J.R. Gutierrez
J.R. Gutierrez

Written by J.R. Gutierrez

Curated from our blog. From renting out cars to staking cryptocurrency, learn how to invest for immediate passive income. Visit IncomeCraze.com

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