Coincheck Staking Users Top 400,000 as Total Rewards Reach 1.7 Billion Yen
The Japanese crypto exchange said its staking (locking crypto to earn rewards) service has surpassed 400,000 users, with cumulative rewards totaling 1.7 billion yen.
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Terms & Concepts
staking: A process that lets users lock eligible crypto assets to help support a blockchain network and earn rewards.
crypto exchange: A platform where users buy, sell, and manage digital assets such as Bitcoin and other cryptocurrencies.