Topic: Where do you stake? Exchange or wallet? - page 2. (Read 695 times)
You have no full access to your fund if you are staking on anywhere else apart from your wallet, its really not a good and reliable way of staking, accounts can get hacked, exchange security can get breached so find yourself POS coins you can stake in your wallet
I don't recommend staking your assets in any exchanges this is definitely high risky. You can but for a couple of months not long term. I wanna prefer trustworthy wallet for staking your assets i think it's a huge safety for short term or long term both will be secure. My some closest friend prefer me to store in the Binance but i opposed this method because i feel uncomfortable.
Me either, the fate of your assets should be in your hands, placing your assets and stake it inside the exchange might face a big risk once the exchange being attack by the hackers, everything will be taken away from your hands whenever the business disclose information about the
issues, unlike hen you are staking your assets inside your trusted wallets you are in-charge to anything that ill harmed your investment.
more as developer works on decision with the feature on system the tasks as qualifying different scheme on moderation helps as might with chance on completion to gives as preparing with one on option with the service to helps as improving returns with denomination.
In recent time, we have faced a drastic problem for this issue, this is really an alarming issue that when an exchange could be hacked then your data could have also hacked, not only that but also your information might be leaked, in this way, your personal saving also could be hacked, so both storing systems are not secure, but for me, better exchange could be a safe place for storing for the future, but you have to choose the best exchange for this purpose because of every exchange is the main target of the hacker.
I don't recommend staking your assets in any exchanges this is definitely high risky. You can but for a couple of months not long term. I wanna prefer trustworthy wallet for staking your assets i think it's a huge safety for short term or long term both will be secure. My some closest friend prefer me to store in the Binance but i opposed this method because i feel uncomfortable.
obviously security takes precedence, so I prefer personal wallet like mew which is 100% over our own control. but actually we can choose the exchange as long as we are ready with all the risks that might occur
I use a wallet to store my coins, and an exchange to trade my coins. Isn't that the only right way? Using the exchange to store coins is too dangerous.
Exactly, but there are wallets like trust and atomic wallet with DEX where you can trade coins too. Although trading on CEX might look easier but security should be paramount.
To be honest, even considering to store your asset in centralized exchange that you don't have control is a pretty stupid idea much more if you plan to stake in it. Even Binance, one of the leading exchange in the world, could still get hacked so I think I'll stick with my own wallet. The gas isn't that expensive to transfer anyway. Don't want to risk my funds getting stolen.
Stake in your wallets, i know some big exchanges allow staking on their platform with good returns but its risky since its all out of your reach anything can still happen
Honestly, if you want to do staking on the Exchange it is rather risky because we do not have full control of the wallet and there is a possibility of being hacked. Therefore you should be able to consider and have a trustworthy Exchange in this case, Binance can be one of the best choices. I would advise you to do it on a private wallet that supports this feature.
until now there are still so many people who store their assets in the exchanger, the reason is that they believe in the exchanger, and it is an easy way to trade. some people store their assets on hardwallets such as nano ledger, and others. so far, I still have assets that I have on an exchanger, and I have the same reasons as them. I just hope that the team from the exchanger is responsible if something unexpected happens. 
It's generally best to stake yourself using your own wallet and hardware provided you have a secure platform, but you can now stake a select number of top ranked assets on reputable exchanges like Coinbase that offer 5% for staking Tezos on their exchange and use custody to ensure customer funds are safe and insured
Honestly, if you want to do staking on the Exchange it is rather risky because we do not have full control of the wallet and there is a possibility of being hacked. Therefore you should be able to consider and have a trustworthy Exchange in this case, Binance can be one of the best choices. I would advise you to do it on a private wallet that supports this feature.
I prefer to use Imtoken or trust wallet to hold my coin for longer because it is safer than in exchange or other market exchanges. I fear if it happens like an upbit and some markets are losing their funds. If you can return yes good Kalo not? Yes, we lose.
I stake mostly on Exchanges than others as I prefer it and it's more easier to me. So certain Exchanges are better to me for staking and some already got all needed with good ROI.
Staking your coins in centralized exchanges is risky because they are the main target of hackers and sometimes they create a drama for their exit scam so I will only stake my coins on a wallet in which I own the private keys to be safe.
many people save their coin on exchange, main reason is its too simple if you want to do something with your coin. no need to transfer because its already on exchanger. but, it safer if you store on wallet, because it created to save your coin. i store in my waller, but i have in my exchanger, i need to buy or sell, or the other need
Safety factor is the most important thing in protecting all the assets that we have today, to ensure that I don't lose the assets that I have, I prefer to keep them in a trusted exchange because even if there is a hack on the exchange, surely they will return the assets we are lost, as has happened to several large exchanges that have been hacked
Although everyone says that nothing should be kept on the exchanges, it is sometimes impossible to do differently, especially if you trade. In this case, you'll to choose choose the most secure platforms. For my part I keep my assets on various wallets (some desktops and a hardware one).
so far safe with an exchange wallet, I mean for a truly credible exchange. Staking events are also frequently updated along with other promotional programs. so I can do 3 options at once, trading, staking, and investing (IEO, etc.), my funds are not too much, but I can maximize one option at a time with additional profit derived from other options.
Most people are using decentralized wallets as I also used trust wallets or core wallets for staking,it's a little hassle but safe way of staking coins, you can also use exchanges but I suggest only the top 10 Exchanges.
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