... its own features: Through cryptocurrency exchanges (CEX). This is the most popular route. Centralized exchanges are online platforms for trading digital coins. Users register, go through the Know Your Customer (KYC) process as required by regulations, deposit fiat money (e.g., via banking card or transfer), and exchange it for the desired cryptocurrency. Major exchanges like Binance, Coinbase, Kraken, etc., support numerous cryptocurrencies (Bitcoin, Ethereum, Litecoin, many ERC-20 coins, etc.) and offer various trading tools. ...

... factors—from the technical features of the network to investor behavior in the market. What is Cryptocurrency Staking? Simply put, staking in cryptocurrency refers to the ability to earn passive income by holding coins. In other words, staking is akin to a bank deposit: the investor retains a certain cryptocurrency in a special account (wallet or exchange), and in return, receives rewards. The rewards are earned by supporting the functioning of the blockchain network—validating transactions and ensuring its ...

... profits. Returns can vary significantly and depend on seasonality, political situations, and even rumors. For wealth multiplication, one should not consider deposits in the national currency. They only preserve funds, and even that is not guaranteed. Banks are collapsing one after another, taking depositors' money with them. Interest from deposits often fails to cover inflationary fluctuations. For those not ready to invest in other sectors, a foreign currency deposit is an optimal choice. The interest rate is much lower than that of a national currency deposit; however, this option carries ...

... of OILResurs, who has extensive experience in investing and capital growth. More information about the businessman can be found on the website sergeytereshkin.ru. Investing Money for Interest The simplest way to earn interest on one's own funds is to deposit them in a bank. This is the most accessible option, but it is also the least profitable. Often, the interest earned does not even cover the depreciation of the national currency, making it difficult to talk about profit at all. Moreover, the shorter the deposit ...

... due to devaluation. In the second, individuals receive a meager interest rate, often insufficient to cover inflationary fluctuations. In both cases, profits do not materialize, leading to a loss of money. Currently, trillions of rubles are sitting in bank deposits. A portion of these funds will never be returned to their owners, as the financial system is highly unstable. Some banks are likely to exit the market soon and be declared bankrupt. Consequently, ordinary depositors who entrusted their funds ...