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Ledger exec explains how it works -Breaking

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How to stake via a hardware crypto wallet

Cryptocurrency staking is becoming more popular. One may be curious about the opportunities to stake not just crypto wallets or software wallets, but also hardware wallets.

By definition, Staking is a way for investors to make crypto.Instead of selling their crypto holdings, they delegate the cryptocurrency to a validator that supports a blockchain. Originating from the word “stake,” the staking process refers to gaining profits and an associated passive income from crypto through a consensus mechanism known as proof-of-stake (PoS), as opposed to the mining-based proof-of-work (PoW) mechanism of (BTC).