Where do you stake? Exchange or wallet?

[CleverOracle]

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.

[Firefoxx]

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.

[huu78]

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.

[barnes13]

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.

[starblocks]

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

[BigBos]

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.

[Novatech8]

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

[meanwords]

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.

[Tccrypto]

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.

[shodik007]

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

[Spider A4]

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.

[Murat]

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.

[max6575]

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.

[Golftech]

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.

[Ken_terrance]

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

[MancyZz]

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 .

Stock is indeed one of the important sawer for investments, both in the short and long term. Because the investment is capable of generating more prices and able to advance more valuable assets. The stocks I recommend are wallets. Both in terms of security and comfort I prefer a wallet for stocks that I hold. Maybe it can produce inspiration for you in choosing and sorting.

[Congyang]

I use wallet hardware to store assets, but also still use exchanges like BINANCE in this case security is still preferred for me so I thought why should I use others who do not have excessive trust

[meliodas]

It depends on your goal. If you are going to stake for long term as a form of passive income then you should store your cryptocurrency or tokens inside a wallet, a secured wallet, so you will have nothing to worry about. On the other hand, it is a good idea to stake your cryptocurrencies inside an exchange if you are just aiming for short term gains.

[clickerz]

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

Its better in the wallet, same points...better to hold your private than losing your funds. Staking in websites is very risky and not recommended. Once the site is offline or unavailable so are your funds, I hope someone is taking note of this.

[ned.ryerson]

I use wallet hardware to store assets, but also still use exchanges like BINANCE in this case security is still preferred for me so I thought why should I use others who do not have excessive trust

There is no security on the Binance. this exchange has already been hacked. it is not a good idea to store a lot of your money on it. it’s best to hold there only the money which you use for trading