Where do you stake? Exchange or wallet?

[landoffaucets]

It is more user friendly to use custody services for staking because you can stake diffrent coins at one place. While when you stake in private wallets there is a risk that you forget about that and you will loose your cryptocurrencies, especially when you holding more low market cap staking coins.

[Spider A4]

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.

Binance already hacked one time i don't know exactly how much hacked before. As a biggest exchange they recover users assets by SAFU fund this is really positive and professionalism. But i'm not trust any centralized exchange for staking because i have no control it's a big fact. In that case i'm strongly agree with you.

[doomloop]

Considering the simplies method and the safety of your asset then you must go on staking on your own wallet rather than staking on any exchange site, but I have some altcoin like xlm, algo & trx that I staking on Binance exchange site that I can get free altcoin every month not too large but this is okay for me.

Wallets and exchanges both are safe for keeping assets as long as the holder is a smart person. First of all, he should choose a renowned, trustworthy exchange or wallet that is supported by million of users. Binance can be trusted blindly as it also takes responsibility of compromise. The user must be careful with his credentials. As it is said that, the weakest link in security is human because he can be fooled.

[andriarto]

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.

Binance already hacked one time i don't know exactly how much hacked before. As a biggest exchange they recover users assets by SAFU fund this is really positive and professionalism. But i'm not trust any centralized exchange for staking because i have no control it's a big fact. In that case i'm strongly agree with you.

indeed, saving it to the exchange will be more risky, for me, I prefer to save it in a personal wallet, because it is our own fault if our wallet is hacked. different from exchange, many hackers will attack it. and even the best exchange can still be hacked, luckily yesterday the exchange was fully responsible

[Mining Capes]

prefer to stake on my own wallet, whole point of crypto is to cut out the middleman

[JeffBrad12]

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.

Binance already hacked one time i don't know exactly how much hacked before. As a biggest exchange they recover users assets by SAFU fund this is really positive and professionalism. But i'm not trust any centralized exchange for staking because i have no control it's a big fact. In that case i'm strongly agree with you.

Usually when an exchange gets hacked and they didn't just running away from their responsibility but instead reimburse their users. that mean they are dead serious about growing their exchange and the security hole is probably already fixed and in the future will improve their security but no system is safe. i didn't really trust these exchange but to stake a little amount there is quite okay for me. just don't stake too much.

[joshua123]

Different opinion about this. But I stake my tokens and coins on premium exchange. It's not that I dot trust them but the convenient is very appealing. It's like you can store tokens and coins of different type in one place. Particularly binance and citex I like these two although citex is a bit new exchange.

[jessyj48]

Few exchanges are reliable for staking but i won't be able to sleep comfortable at night no matter how big the exchange is   i would rather find other coins i can stake in my wallet that i have its private keys with me

[naikturun]

See from the type of coin and security wallet/exchange where the stake.
If the Roinya is higher I prefer to do the stake there, but ensure its security, I will not do the stake on the exchange that does not have a good reputation, although it offers a great advantage. Security that should be prioritizing.

[TheClownSong]

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?

If we really want to staking in a centralized exchanger, it's better to choose an exchanger who already has a good reputation. But it will be safer if we choose staking in our own wallet because we are in control of the coins we have

[andika2018]

Few exchanges are reliable for staking but i won't be able to sleep comfortable at night no matter how big the exchange is   i would rather find other coins i can stake in my wallet that i have its private keys with me

Agree, it's safer for us as coin owners to staking in the wallet that we have control of the private key. Now some mobile wallets have started staking and I think it's safer to save coins in a mobile wallet because exchangers are more vulnerable to hacking

[arnoldrimmer]

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?

With the rate which exchange are closing and running with people's funds, I think that staking in exchange will be at a very big risk so I personally and will always use wallets

[cryptobaro]

I am keeping my assets mostly at Binance, because I trade them everyday, every minute. As a wallet, I am using Atomic Wallet if I want to hold something like BNB or BEP2 tokens. Other than that I prefer using MyEtherWallet to store my ERC-20 tokens. I think they are enough.

[BeManga]

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?

well if you have your own laptop or desktop it is better to stake on your own wallet
its not a good idea to leave and trust some new platform
there a possibility that you will lose all your coin instead of earning small amount of stake

[letyouearn]

Don't really trust exchanges to hold my tokens there constantly, prefer other ways, which I can control. THe risks are too high, witnessed some sad cases during my crypto life