Proof of Stake (PoS) is a consensus mechanism used in staking to secure blockchain networks and validate transactions. In a PoS system, crypto asset owners can “stake” their coins, which means they lock those coins for a certain period to participate in the transaction validation process. In return, they receive additional coins as a reward. PoS offers various advantages, including higher energy efficiency compared to Proof of Work (PoW) mechanisms. In addition, PoS increases decentralization and network security as more users participate in staking. At Indodax, we support PoS-based staking for selected coins, giving our users the opportunity to contribute to network security while earning passive income. Our platform is designed to ease the staking process, so both beginners and experienced investors can easily participate. Our support team is ready to assist you with information and guidance related to PoS and staking, ensuring you can make the most of this opportunity.