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Author Topic: Exchanges that offers staking service  (Read 535 times)
iamaruf
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December 14, 2019, 09:55:46 AM
 #21

Yobit is also serves a staking services long time ago but the exchange fame and credibility is not good so people are not trusting the exchange. But right now i think yobit is building the community again from the beginning and the volume is increasing each day which will be great for the future and people can forget the past
I also use yobit.yes yobit offer for staking.But yobit offers staking coin is not popular,most of the coin is unfamiliar or dead coin.there trading volume is very low.Maybe yobit don't offer top coins/familiar coin,which trading volume is high.       

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December 14, 2019, 10:02:53 AM
 #22

the profit from staking is lower than direct trading.

for day traders may not be too happy with this, but alternative offers do provide benefits. It may be worth noting about the contract locking system, especially in small exchanges, this can be dangerous if the exchange has problems and your funds are still locked for a long time.
The profit will increase if your capital is increasing overtime too. There are many whales out there staking and got plenty of money and it';s basically like stock or shares where you will get dividend based on your investment and the bigger the better your profit will become. Trading is too risky for many people and they can't observe market everytime. staking only good if you have unused money and quite big amount of them I must say.

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December 14, 2019, 10:07:23 AM
 #23

A very good exchange that offers betting services. however, only a few exchanges provide betting services for prize hunters. even though the trades that provide betting services are very good. because the price of the coins is clear and tested.
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December 14, 2019, 10:17:02 AM
 #24

When you first start crypto and even in the forum now under the beginner section you are told to never leave your coins in exchange and to finish your business and withdraw. Staking on an exchange goes against this advice. When you stake you are buying a significant amount of coins and risking losing them all. Why not just stake them yourself? Why pay an exchange a cut and give them control over your coins?

If you are talking about nodes then that is another thing. This is not staking, it is similar though. The reason people share nodes is due to the high price of some of them. With nodes, I can understand using a third party and would recommend an exchange over a "node staking pool" ultimately though you want control of your own investment.



I would totally agree, I don't see the point of risking all your coins and trusting an exchange to mange your staking.

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December 14, 2019, 10:38:46 AM
 #25

I believe all many more exchanges has staking program, all depend your analyze and fund, follow or not is your decision. Staking program can be use to keep cash flow running in exchanges, but I'm not recommended any staking program to follow. Red market become the biggest problem right now, even we have much reward all will have no value when sell in market. Think again before too late.

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December 14, 2019, 10:52:04 AM
 #26

I go against all this exchanges staking idea because honestly you are not 100% in control of your funds, exchanges are operate by humans they can be greedy on you at any time, find staking coins that allow staking in your own wallet not exchanges
True, because risking our funds on the exchange is very risky to lose, because sometimes there are unexpected things and sudden exchange of repairs that could jeopardize the funds of the exchange user, so it's better to keep it in a personal wallet than to risk it on the exchange.
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December 14, 2019, 11:15:41 AM
 #27

I prefer using Binance above all the other exchanges. The simple reason is nil Withdrawl fee and Binance has one of the largest Staking pool than all the other exchanges combined.

and also I think binance has a lot of events, besides just staking.
but other exchanges also offer a number of features to attract people's attention, I think the exchange mentioned by the OP will be the most popular exchange compared to the others.

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December 14, 2019, 11:24:36 AM
 #28

Totally agree with JOHN above me. I admit I have a little bit of TRX on Binance but it is a small amount not even worth $100 that I do not mind losing if Binance runs. The fact it gives me rewards from the airdrops (currently 2 airdrops from TRX) every month for the next year or more even, that is fine by me. Of course I will be pissed if Binance steals all that but that is a risk calculated that saves me the effort of having my own wallet and maintaining TRX plus 2 other drops. If I had 3-digits, then no it would never be worth it.

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December 14, 2019, 11:25:14 AM
 #29

the profit from staking is lower than direct trading.

for day traders may not be too happy with this, but alternative offers do provide benefits. It may be worth noting about the contract locking system, especially in small exchanges, this can be dangerous if the exchange has problems and your funds are still locked for a long time.
Says who? Staking rewards differs and it depends on the quantity of coins you are holding in your wallet, the higher the coins you holding the higher your rewards, trading is more risky than staking
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December 14, 2019, 11:32:02 AM
 #30

Thank you for the list. It will help people who are not aware of the coins which can be staked while buying. Also never buy coins from a low volume exchange because they can list/unlist any coin in a day, it will be harder for you to sell if the coin is not listed anywhere else.
I have personally staked some coins like ONE and NEO. Thinking to buy some more.

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December 14, 2019, 11:34:17 AM
 #31

Here are information about exchanges that offers rewards through staking and name of the coins that they support on their platforms

1. HUOBI WALLET: ATOM, ONT, IOST, LOOM, IRIS, IOTX.

2. KUCOIN: TEZOS, ATOM, IOST, LOOM, EOS, VSYS, TRON, ELA, EOSC, IOTX, LOKI, NEBL, ENERGI, TOMO, NULS, WAN, PIVX, ONION.

3. BINANCE: VET, XLM, TEZOS, ATOM, ONT, TRON, STRATIS, QTUM, ONE, NEO, KMD, ELROND, FET, ALGO

4. GATE: TEZOS, ATOM, ONT, EOS, VET, TRX, SERO, NAS, ALGO

5. OKEX: TEZOS, ATOM, IOST, CRO, EOS, VSYS, YOU

6. BIBOX: BTM, ATOM, IRIS

7. COINBASE: TEZOS

8. BITMAX: ALGO

9. KRAKEN: TEZOS

As you can see all these staking are from top exchanges, my advice is to stay away from low rated exchanges that offers staking service, very soon they will claim to offer same service as well, if you have something else to add on the list pls do


I am interested with staking ATOM coin because price keep higher and stable more than last two month, but any one know how much percent allocation for ATOM staking coin on Huobi Wallet, how long time period to get staking coin will be one month or shortest than other staking coin with Binance for xlm, last two week I got ATOM raised with higher price about 5% for coin growing up.

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December 14, 2019, 12:03:57 PM
 #32

Staking may sound pretty good but here are some downsides that one should consider before going for it.
1. You have to store your coins on the exchange. If thats not there then it good. But if you have to store coins there then be at risk when hacks happen.
2. They may force KYC on your at any moment and put your funds on lockdown unless you clear them. At the moment your hands are tied and you have no authorities to complain to.
3. Staking rewards are pretty low if you are hoping to find something similar like a good interest rate from bank - then you are mistaken.
4. The staking rewards token will also be dumped making it difficult to reap any profit in the sell orders.

This. Has the stuff that's happened to Upbit and IDAX not taught anyone anything?

What about Poloniex, where people who held their coins there to lend them out got badly burned?

Don't trust exchanges. Use them for quick trades and then withdraw your coins or fiat. And stake your coins in your own wallet.

 
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December 14, 2019, 12:34:30 PM
 #33

the profit from staking is lower than direct trading.

for day traders may not be too happy with this, but alternative offers do provide benefits. It may be worth noting about the contract locking system, especially in small exchanges, this can be dangerous if the exchange has problems and your funds are still locked for a long time.
Says who? Staking rewards differs and it depends on the quantity of coins you are holding in your wallet, the higher the coins you holding the higher your rewards, trading is more risky than staking
Are you a day trader?

Estimated Annual Yield for ONE coin is around 8%, and sweetened with a no-fee rule, if you are a daily trader can calculate double or more profit in one month period in the same nominal if you choose to staking. All risks are directly proportional to the expertise of traders in managing traded assets. Staking are also risky if the actual price is much lower than the initial purchase estimate, although the risk is lower, it is not suitable for active traders.



 

 

 

 

 

 


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btcdie
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December 14, 2019, 12:41:58 PM
 #34

I prefer using Binance above all the other exchanges. The simple reason is nil Withdrawl fee and Binance has one of the largest Staking pool than all the other exchanges combined.
Of course buddy. besides the biggest staking, binance prioritizes user safety and comfort. because staking coins in the stock exchange, it is better to choose an exchange that has the best reputation and sufficient volume, so the results of staking we can sell or trade to take more profits, of course for the selection of volume must also be considered.

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December 14, 2019, 12:42:55 PM
 #35

Not your keys not your money. I dont think that staking on the exchange is the best variant
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December 14, 2019, 12:45:59 PM
 #36

Yobit is also serves a staking services long time ago but the exchange fame and credibility is not good so people are not trusting the exchange. But right now i think yobit is building the community again from the beginning and the volume is increasing each day which will be great for the future and people can forget the past
I also use yobit.yes yobit offer for staking.But yobit offers staking coin is not popular,most of the coin is unfamiliar or dead coin.there trading volume is very low.Maybe yobit don't offer top coins/familiar coin,which trading volume is high.       

I am not confident with staking these days, because there's no reason to take it as profitable. Most probably I will be falling unto the trap of possible trap. I don't say so for those exchanges who definitely did great for so long, but some might be having shady activities which isn't confirmed yet
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December 14, 2019, 01:38:04 PM
 #37

Not your keys not your money. I dont think that staking on the exchange is the best variant
everyone must realize this, however good the reputation of the exchange is still not enough to guarantee our money. so we need to know that if there is hacking (for example) what they will do to our money, this is the only statement I need to feel safe when staking in exchange, hoping there will be a replacement if possible

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December 14, 2019, 01:54:23 PM
 #38

Dont know much about other exchanges, but on Kucoin you can stack any amount of coins. Plus you dont have to do anything. Simply deposit coins, wait 24h and they will start to bring profit automatically.

I have found these list of stackable coins in kucoin on other forum. The number is the percent you will receive daily.


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December 14, 2019, 02:31:05 PM
 #39

~snip
As you can see all these staking are from top exchanges, my advice is to stay away from low rated exchanges that offers staking service, very soon they will claim to offer same service as well, if you have something else to add on the list pls do
It is a good effort and hence the merit, i was not aware of the staking facility by all these exchanges but my advice to everyone is not never risk your coins in the name of staking as we have seen many hacks in the past and we all know the formalities it takes to get those coins even if they claim that they injured everyone's coin, so be cautious while doing these as i do not trust these exchanges one bit to hold my coin for a long period of time.
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December 14, 2019, 02:57:27 PM
 #40

Great info and good to know that there are lots of exchanges offering staking services I only know only though(Binance). Staking is a great opportunity to make a profitable income as you only have to do is hodl a certain coin  and let grow. Aside from the token is increasing in value, you also be able to get additional token according to token's staking percentage.
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