Coinbase Staking.

[Cnut237]

I think staking is the next big thing, and it will become far more commonplace. We do have ETHs gradual movement towards PoS too. We all know that PoW isn't a sustainable mechanism, and coin staking whether on exchanges or outside them will I think become normal in the not too distant future.

[Text]

Is coinbase staking works automatically in all coins/tokens or just for some of them? I am not aware of it until I saw some coins credited to my account on a different exchange even I didn't make any deposit of the coins I received. But I have already some coins on that platform used for trading.
In my own perspective, you should only put your coins on an exchange if you are ready to trade it. Don't put them all if you are after the rewards by staking... It still better to earn rewards by staking using a desktop wallet cause you have control over it.

[bustedsynx]

Is coinbase staking works automatically in all coins/tokens or just for some of them? I am not aware of it until I saw some coins credited to my account on a different exchange even I didn't make any deposit of the coins I received. But I have already some coins on that platform used for trading.
In my own perspective, you should only put your coins on an exchange if you are ready to trade it. Don't put them all if you are after the rewards by staking... It still better to earn rewards by staking using a desktop wallet cause you have control over it.

Well, if the wallet is Proof-of-Stake wallet, then you will receive stakes to your stake-enabled exchange address. If your coin is a ERC-token or a Bitcoin colored coin like Tether and then no stake rewards for you.

[amazigh15]

yes it's a very good thing in my opinion have passive income there is little time binance to distribute 9.5 million XLM chips generated through staking

[styca]

In my own perspective, you should only put your coins on an exchange if you are ready to trade it. Don't put them all if you are after the rewards by staking... It still better to earn rewards by staking using a desktop wallet cause you have control over it.

True that there is an inherent risk in keeping your coins on an exchange. There is also a risk in keeping everything in one private wallet, in case you do something stupid and lose your key.
Personally I prefer to keep my coins distributed in a variety of places, never too much in one location. Of course this introduces another risk, in forgetting what is where.