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Binance is the largest and most popular crypto exchange worldwide. Recently, Ethereum changed its consensus mechanism to allow anyone to participate in staking, the process of locking up ETH tokens to help secure the Ethereum network and earn rewards in return. Staking refers to participating in a proof-of-stake consensus mechanism by holding a specific amount of cryptocurrency in a wallet to support the network's operations. Avalanche stands out for its speed and scalability. Ledger provides no advice or recommendations on use of staking services.
