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Where Do You Stake Your Crypto Assets

  • Thread starter Thread starter Nomad
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Nomad

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There are a lot of exchanges and wallets that offer staking rewards for users. I use Binance Exchange and Exodus Wallet to exchange my assets. Since I can make passive income through staking, I like to invest in cryptos with a POS consensus mechanism. What about you? Where do you stake your crypto assets?
 
Even Uphold offers such services for staking crypto assets so you may stake what you have earned from deposits and earn interest in SGB as their announcement.
 
Right now I do a small stake in kraken exchange and most of the POS tokens in which I stake I have them in exodus wallet.
 
Well, I'm currently happy on level of reward that exodus has, for example in Cosmos atom it has a 21.20% yield which is quite a lot to tell the truth.
 
riberet19 said:
Well, I'm currently happy on level of reward that exodus has, for example in Cosmos atom it has a 21.20% yield which is quite a lot to tell the truth.
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I do not stake my crypto assets any longer. I only invest and trade them. I find it hard to stake these days.
 
Bisolami said:
I do not stake my crypto assets any longer. I only invest and trade them. I find it hard to stake these days.
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The stake really is only for long-term investors if you are a day trader, it doesn't make much sense to tell the truth.
 
riberet19 said:
The stake really is only for long-term investors if you are a day trader, it doesn't make much sense to tell the truth.
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It may not make sense to you but it might make sense to some other people and that is the irony of it.
 
Bisolami said:
It may not make sense to you but it might make sense to some other people and that is the irony of it.
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For me it makes sense as long as it is a long-term investment, some of my investments in crypto are medium-long term that is why I have them in staking.
 
I use staking pools. That's because I don't have enough kinds. We have to pool our funds and stake.
 
riberet19 said:
For me it makes sense as long as it is a long-term investment, some of my investments in crypto are medium-long term that is why I have them in staking.
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I think I will try to stake some of my cryptocurrencies someday to see how it works
 
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