Glossary

Staking

Staking is a function of certain virtual currencies that allows users to receive rewards for holding the corresponding currency and participating in its blockchain network.

Virtual currencies have commonly been used for trading with the intent of obtaining profit. Users buy low and sell high. Staking allows users to gain continuous rewards by holding the corresponding currency.

bitFlyer users can get staking rewards for Lisk (LSK) by holding a designated amount in their accounts through our Staking Rewards Service.