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Topic: Where do you stake? Exchange or wallet? - page 3. (Read 680 times)

sr. member
Activity: 951
Merit: 259
November 30, 2019, 07:00:44 PM
#75
I don't see a difference between the two. It's all about your personal preference. But I think it's better to stake in the exchange. But I may be mistaken in this view.
It makes more sense to choose which cryptocurrency gives the most interest on an annual basis, and you can follow the recommendation of your invested cryptocurrency.
sr. member
Activity: 1638
Merit: 255
November 30, 2019, 06:09:43 PM
#74
I keep my coins in exchange because I'm trading. Currently there are my coins in Binance and in the local exchange in my country. Until now it was safe. There are even other coins that I keep in other exchanges besides the exchanges I mentioned above. And for some bitcoin stored in my wallet because I will not sell it for a long time. Later I will send it to the trading market if the price is good and rises.
hero member
Activity: 2184
Merit: 531
November 30, 2019, 05:53:14 PM
#73
I used to stake using my wallet but it was hard to keep it all up to date when you have more than 2 different altcoins.

There are services that I'm testing like staked.us and mycointainer.com which allow you to stack multiple coins at the same time.
The downside is centralization but the upside is they are updating everything for you.
sr. member
Activity: 1442
Merit: 265
November 30, 2019, 04:18:29 PM
#72
Im not into staking yet but im planning to go all in once real coins like eth will switch to pos algorithm that will secure the network via nodes i think it is very similar to mining but in a less expensive and a more eco friendly way. I will look about where i should store my eth to receive stake rewards once it is launched but definitely i will prefer some safe wallet rather than an exchange.
full member
Activity: 882
Merit: 101
November 30, 2019, 03:23:07 PM
#71
 If for me. I will choose the stake in the exchange because if the price of the coin in stake suddenly drops I will be able to sell it right away, there is no need to send it from a private wallet. But if for security concerns I choose a personal wallet
sr. member
Activity: 793
Merit: 250
November 30, 2019, 01:49:08 PM
#70
If you are true crypto believer than you should stake only in your wallet from which you have private key. But for many retail investors and also for insitutional investors it is more easy and comfortable to use custody services like Coinbase for staking.  Cool
sr. member
Activity: 798
Merit: 250
November 30, 2019, 01:29:26 PM
#69
I am staking some coins in the trusted websites which offer to share with you the staking profits. I know it is not the safest method, but it is also very hard to download and run all these wallets in order to stake some coins and receive a little daily reward.
newbie
Activity: 59
Merit: 0
November 30, 2019, 01:24:40 PM
#68
Considering the safety of my money and the simplicity of the betting process, I am involved in quite a few centralized exchanges, I am very confident in cryptocurrencies and exchanges.
hero member
Activity: 2086
Merit: 501
★Bitvest.io★ Play Plinko or Invest!
November 30, 2019, 01:06:22 PM
#67
Of course inside our own wallet, many things happened with the exchanges these years and more importantly they are a target of the hacker. The probability for them to screw you is bigger than holding it on your own, I do not have any trust left.
Remember what people said, you do not have the keys that mean you do not own the coins.
Exactly that’s why I encourage people to store their coins in wallets that they have access to their private keys. You only use exchanges to trade cryptocurrencies and not to use it as storage. There are news of people who lost their money in exchanges and they can’t do anything about it which is quiet sad and infuriating. Also, if you want to trade then better pick trusted exchange. If you want to be more secure you can buy a cold wallet.
full member
Activity: 1110
Merit: 104
November 30, 2019, 12:28:45 PM
#66
Considering the safety of your coins and the simplicity of staking process, do you stake in centralized exchanges or you consider using crypto wallets that supports staking like imtoken, trust and atomic wallet.

Where do you stake?
Does the trust wallet have a staking program? as far as I can see most of the staking programs launched by exchange platform projects such as BCNEX, Beaxy etc.,
there is one application that I know of that is Waves, in that application has a leasing feature, just like the staking program
sr. member
Activity: 728
Merit: 252
CryptoTalk.Org - Get Paid for every Post!
November 30, 2019, 12:21:43 PM
#65
Considering the safety of your coins and the simplicity of staking process, do you stake in centralized exchanges or you consider using crypto wallets that supports staking like imtoken, trust and atomic wallet.

Where do you stake?

which one do you like wallet or exchange? i think both unsafe.. but if i have to choose i prefer to local exchange.. because when any problem i can come to the office and fix problem as soon as posibble... save your stake in wallet so high risk, many phising anywhere, can't fixed the problem asap and many other things makes me not choose the wallet
hero member
Activity: 1302
Merit: 577
avatar and signature space for rent !!!
November 30, 2019, 11:10:23 AM
#64
Considering the safety of your coins and the simplicity of staking process, do you stake in centralized exchanges or you consider using crypto wallets that supports staking like imtoken, trust and atomic wallet.

Where do you stake?
Staking on centralized exchange is not bad but still not 100% safe because anything can happen to the exchange and not all exchange will be able to refund users so its safer to stake coins in your own personal wallet
This one is possible to happen thats why i prefer to stake it in my personal wallet. You are not so safe In terms of hacking or exit scam that possible to happen in any exchange you want to stake your coins .
sr. member
Activity: 2100
Merit: 309
November 30, 2019, 11:04:46 AM
#63
Considering the safety of your coins and the simplicity of staking process, do you stake in centralized exchanges or you consider using crypto wallets that supports staking like imtoken, trust and atomic wallet.

Where do you stake?
I stake my coin on exchange market and not save on wallet, I think there are not possible for staking coin on wallet. You have many exchange market support and available for staking coin like Binance, Upbit, Bittrex and you can stake your coin with Kucoin exchange wallet, look which one coin have stable price and give bigger allocation for staking every month.
legendary
Activity: 2716
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
November 30, 2019, 10:59:19 AM
#62
Considering the safety of your coins and the simplicity of staking process, do you stake in centralized exchanges or you consider using crypto wallets that supports staking like imtoken, trust and atomic wallet.

Where do you stake?
80% of my stake are held by local exchanger. although some opinions say it's dangerous, but believe me, I've lost a lot of assets in several online wallets. so because of this, I chose to keep the assets that I have at a local exchanger, and have a clear office. but, I'm thinking of storing it on the hardwallet in the future.
member
Activity: 504
Merit: 25
November 30, 2019, 10:14:20 AM
#61
Considering the safety of your coins and the simplicity of staking process, do you stake in centralized exchanges or you consider using crypto wallets that supports staking like imtoken, trust and atomic wallet.

Where do you stake?
Staking on centralized exchange is not bad but still not 100% safe because anything can happen to the exchange and not all exchange will be able to refund users so its safer to stake coins in your own personal wallet
full member
Activity: 1050
Merit: 102
Cryptocurrency addict | Invest at your own risk.
November 30, 2019, 08:51:30 AM
#60
It depends on the coins that my stake is listed on whether or not the exchange is good because an exchange that I don't like will not do it there. The imToken wallet only supports stake for tokens so I don't use it because I only stake on coins. So I prefer to stake in exchange
sr. member
Activity: 2030
Merit: 269
November 30, 2019, 08:29:27 AM
#59
Considering the safety of your coins and the simplicity of staking process, do you stake in centralized exchanges or you consider using crypto wallets that supports staking like imtoken, trust and atomic wallet.

Where do you stake?

Of course people here have already read the news about the two exchanges that were hacked recently, IDAX and Upbit, now with the recent hacking, will you still consider storing your coins to exchanges, people never learn that exchange wallet are only for trading, if you are holding for long term get a cold wallet or a ledger, or keep your private key the safest place you've had.
member
Activity: 633
Merit: 11
November 30, 2019, 08:02:46 AM
#58
Considering the safety of your coins and the simplicity of staking process, do you stake in centralized exchanges or you consider using crypto wallets that supports staking like imtoken, trust and atomic wallet.

Where do you stake?
Me, I will think twice before to stake and I will choose the best and the most trusted exchange like Binance, And I don't know yet what wallet can start an staking. We can use google to search if what is the safest exchange. Beware to all scam exchange like IDAX. Simple technique and clean modus of exit scam exchange. take care of your funds people.
sr. member
Activity: 2044
Merit: 314
Vave.com - Crypto Casino
November 30, 2019, 08:00:08 AM
#57
Considering the safety of your coins and the simplicity of staking process, do you stake in centralized exchanges or you consider using crypto wallets that supports staking like imtoken, trust and atomic wallet.

Where do you stake?
Some wallets allow you to stake but mostly if the wallet is just for storing purposes then its not possible for that to happen. I don’t stake always because of the value is too low and it might put my coin on risk, centralized exchange is safe to stake especially if its a good one. You have to choose the best for staking and make sure that its worth the risk.
sr. member
Activity: 1190
Merit: 257
November 30, 2019, 07:53:27 AM
#56
I prefer stake in the wallet compared to exchangers because my funds are safer if they are stored on the wall even though exchangers that provide staking offer a big bonus but i don't want to keep the crypto assets too long there
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