Bitcoin Forum

Bitcoin => Wallet software => Topic started by: yat97 on August 12, 2021, 06:37:50 PM



Title: Are there any wallets like the Exodus wallet that allow staking crypto?
Post by: yat97 on August 12, 2021, 06:37:50 PM
I know of Atomic wallet, any other trustworthy ones? And especially ones that use Tor to activate like the electrum wallet. Apparently IP addresses can be tracked not using Tor with the wallet?

So are there any trustworthy ones that have popular alt coin support and allow staking that use tor to connect?

I'm probably asking for too much.


Title: Re: Are there any wallets like the Exodus wallet that allow staking crypto?
Post by: Charles-Tim on August 12, 2021, 06:51:38 PM
You can stake on hardware like Ledger Nano X

Stake Your Crypto (https://www.ledger.com/academy/basic-basics/keep-growing-it/stake-your-crypto)

This article will be of help

Staking Wallets: Your 2021 Guide to Altcoin Staking Apps (https://www.altcointrading.net/earn-staking-rewards-wallets-exchanges/#:~:text=Ledger%20Nano%20X-,Staking%20on%20Trezor%20wallet,through%20AllNodes%20and%20similar%20middlemen.)


Title: Re: Are there any wallets like the Exodus wallet that allow staking crypto?
Post by: The Pharmacist on August 12, 2021, 06:59:40 PM
You can stake on hardware like Ledger Nano X
OP, I don't know what coin(s) you're staking, but if Ledger supports it I'd say getting one is your best bet as far as convenience and security.  I know you can stake coins like Tron, Tezos, Polkadot, Neo, and some others (though Neo isn't supported on Ledger Live).  If it's an oddball PoS coin, then you might be out of luck.  Care to share what you are or plan on staking?

I didn't even know there were software wallets out there that let you stake multiple coins on them like Exodus.  I tried that wallet a long time ago and wasn't impressed.  They aren't an open-source code wallet if I'm not mistaken, so that's a major concern IMO, more so than even having your IP known.


Title: Re: Are there any wallets like the Exodus wallet that allow staking crypto?
Post by: dkbit98 on August 12, 2021, 07:35:29 PM
So are there any trustworthy ones that have popular alt coin support and allow staking that use tor to connect?
Trezor Suite is open source wallet that is using Tor and it is supporting Bitcoin and other coins, but you need to have Trezor hardware wallet device, and I am not sure if they have staking feature.

Most multicoin wallets are closed source and I would be very careful using them for anything, but I think that Trust wallet and Exodus wallet are also supporting staking (they don't have Tor support, but you can use vpn to hide your IP).

PS
Don't ask same question multiple times!



Title: Re: Are there any wallets like the Exodus wallet that allow staking crypto?
Post by: yat97 on August 12, 2021, 08:57:29 PM
Okay thanks for the suggestions.

ADA, VET, SOL, ATOM are the ones I'm trying to do. And maybe others one day. Too bad you cant stake bitcoin.

I guess there is no way to know what info exodus or other software wallets keep on you?


Title: Re: Are there any wallets like the Exodus wallet that allow staking crypto?
Post by: SFR10 on August 13, 2021, 10:07:17 AM
Ledger Live
Does it also come with a Tor switch button, like what we get on the Trezor Suite?

and I am not sure if they have staking feature.
Unfortunately, it doesn't have one but looks like there might be a workaround for Trezor devices [the second link @Charles-Tim (https://bitcointalk.org/index.php?topic=5354150.msg57679920#msg57679920) posted, but it doesn't tick all the boxes].

I guess there is no way to know what info exodus or other software wallets keep on you?
The following links might come in handy:

  • What information does Exodus have access to? (https://support.exodus.com/article/138-what-information-does-exodus-have-access-to)
  • Legal Inquiries (https://www.exodus.com/legal-inquiries/)

- Despite seeing most of them give you an idea in regards to what type of information they'll store, I don't think there's an easy way to verify it [unfortunately].


Title: Re: Are there any wallets like the Exodus wallet that allow staking crypto?
Post by: Pmalek on August 14, 2021, 07:34:45 AM
Ledger also introduced Ethereum staking through their partner service Lido. I saw the notification yesterday when I accessed my Ledger Live.
https://www.ledger.com/blog/lido-available-in-ledger-live-bringing-ethereum-staking-within-your-reach

I haven't looked at the TOS, but the article mentions that you can stake any amount of ETH 2.0. You don't need 32 ETH unless you want to become a full network validator.


Title: Re: Are there any wallets like the Exodus wallet that allow staking crypto?
Post by: HCP on August 18, 2021, 04:47:14 AM
Most of the popular multicoin walllets offering staking tend to be "app based", running on mobile devices... ones are like "crypto.com" etc. which don't natively support Tor.

However, there are ways to ensure that all traffic from your device or computer are routed through Tor... alternatively, a "lesser" solution would be to use a standard VPN service to "anonymize" yourself.



Title: Re: Are there any wallets like the Exodus wallet that allow staking crypto?
Post by: hugeblack on August 20, 2021, 11:23:16 AM
AFAIK, There is no open-source, multi-currency wallet that supports Tor and supports staking crypto so you will need to use multiple wallets in order to succeed in your plan.
Again, Exodus wallet is closed source and you also need to change the IP address to be able to get the reward and therefore it is better to avoid using them.

This site ---> https://www.stakingrewards.com/ provides you with a lot of information about cryto staking, so you can find the right application.
you can search for ADA and will find:

Staking are supported by the following wallet solutions:

 - Daedalus Wallet (Desktop)
 - Yoroi Wallet (Browser extension, Mobile)
 - AdaLite (Web Wallet)
 - Ledger Nano S (Hardware wallet)

Source ---> https://www.stakingrewards.com/journal/how-to-stake-cardano-ada