Which platform is the best for staking?

[Shohanur]

Exchanges like Binance, Kraken and Kucoin offers staking features but its not actually that much profitable like trading the crypto assets and when your assets are on staking period the value of assets can drop drastically which is the biggest risk associated with crypto staking.

Yes, it is very risky step to get high profit but what can I do now? Do you have any other idea about staking to minimize the risk of it? As a beginner, I don't want to lose my capital which may affect on my mind.

[tabas]

There are many other wallets that are also offering staking features for different altcoins that they have. It's just you need to choose the reputable on those wallets that also has that feature.
It easy to choose from those available wallets that have staking feature too.

Exchange wallet are not safe to use as staking mate, though others has offering staking yet we are always being advised that we need to stay away from leaving our money in online wallets for long time.

It's upon the discretion of the person who's about to stake his/her funds. Many are encouraged to do that into exchanges staking because APYs are quite good enough for them and they really think that they're safe with those reputable exchanges but I call it 50/50.

I will only let my funds in wallets when there are a need to trade .

Online wallets, this is what I guess you're trying to say.

[Dread Pirate Roberts]

I'm new on staking and I didn't participate any staking. I want to earn by staking. Would you mind sharing some information about staking? Where to stake and how to stake? Your opinion will help me to learn about staking.

There is plenty type of staking that I know of. such as staking coin with website token. or stake with investment purpose or some defi website also offering staking by just holding some coin . or a farming system that is widely used in nft games ( not sure can people call this staking too or not ) . you can decide for yourself. I don't want to recommend a service that I'm not sure about that either. although many people say it is safe. but there is also risk in any type investment.

[Shohanur]

I'm new on staking and I didn't participate any staking. I want to earn by staking. Would you mind sharing some information about staking? Where to stake and how to stake? Your opinion will help me to learn about staking.

There is plenty type of staking that I know of. such as staking coin with website token. or stake with investment purpose or some defi website also offering staking by just holding some coin . or a farming system that is widely used in nft games ( not sure can people call this staking too or not ) . you can decide for yourself. I don't want to recommend a service that I'm not sure about that either. although many people say it is safe. but there is also risk in any type investment.

I have researched also and I'm confused which one is better for me as I'm a beginner. If I compare to staking platform, which one should I pick and why it will best for me? What should be remember before entering a staking platform?

[Ruvi2000sew]

I believe you should also consider the most secure platform to stake on; aside from looking for a platform to stake on, you should be more concerned about the safety of your funds; this is why I would only recommend binance and pancakeswap because they are related; so far, binance has proven to be trustworthy enough, and I have only done staking with them, despite the fact that the apy of most of the cryptocurrencies is negative; this is why I would only recommend binance and pancakeswa

[Shohanur]

I believe you should also consider the most secure platform to stake on; aside from looking for a platform to stake on, you should be more concerned about the safety of your funds; this is why I would only recommend binance and pancakeswap because they are related; so far, binance has proven to be trustworthy enough, and I have only done staking with them, despite the fact that the apy of most of the cryptocurrencies is negative; this is why I would only recommend binance and pancakeswa

But many people are saying that staking on big exchange can affect on my capital because price of my staking token can down any time. But if goes high then it will boost my earning vey big. What do you think about it?

[mexite]

I believe you should also consider the most secure platform to stake on; aside from looking for a platform to stake on, you should be more concerned about the safety of your funds; this is why I would only recommend binance and pancakeswap because they are related; so far, binance has proven to be trustworthy enough, and I have only done staking with them, despite the fact that the apy of most of the cryptocurrencies is negative; this is why I would only recommend binance and pancakeswa

But many people are saying that staking on big exchange can affect on my capital because price of my staking token can down any time. But if goes high then it will boost my earning vey big. What do you think about it?

I will advise that you get in on good coins with strong fundamentals and roadmap. Look at Ethereum, those who staked to bootstrap implementation of the PoS features for ETH 2.0 are now in good profits. Who knows what the price may be by the end of the staking period?

If you can spot such, and avoid degens, then it would pay off in the long term. Then get yourself good wallets noncustodial wallets with staking features likeTrust and Atomic wallets.

[Shohanur]

I will advise that you get in on good coins with strong fundamentals and roadmap. Look at Ethereum, those who staked to bootstrap implementation of the PoS features for ETH 2.0 are now in good profits. Who knows what the price may be by the end of the staking period?

If you can spot such, and avoid degens, then it would pay off in the long term. Then get yourself good wallets noncustodial wallets with staking features likeTrust and Atomic wallets.

Personally, I use trust wallet and atomic wallet but do not know the process as I am new on staking. Is it possible to give me any instruction link where I will get necessary things about staking? It will help me more to know about staking very well.