A hardware wallet is a physical device used to keep crypto-assets safe when offline. Because they are not linked to the internet, hardware wallets are also known as "cold storage". As a result, they operate well with internet-connected software and apps on computers and smartphones.
Staking, like many other aspects of cryptocurrency, can be a complicated or simple concept, depending on how many levels of the understanding you want to achieve. The key takeaway for many traders and investors is that staking is a method of earning rewards for holding certain cryptocurrencies