June 28, 2022
In a previous post, we reviewed some crypto staking apps for 2022, from centralized to decentralized apps. However, we did not mention crypto staking wallets. What is the difference? Do I need a wallet to stake crypto? Overall, there is very little difference, all things considered. A crypto staking app is like Blockfi or Coinbase, or Crypto.com, where users can stake their assets in a centralized manner. A crypto-staking wallet is a wallet that can yield the power of web3.0 to stake their crypto assets and earn some interest.
Here you will find the different Defi wallets available out there and how to stake using these wallets. One of the oldest and most popular Defi wallets is Metamask. Still, a few different wallets are worth mentioning due to the recent rise of other coins like Terra ($LUNA) and Solana ($SOL).
Metamask is fairly easy to use, and it can connect to many chains present on Web3.0. Metamask can connect to staking opportunities present not only on Dapps (Decentralized Applications) built on Ethereum ($ETH), and other Dapps built on: